Apple's Tim Cook lauds China's opening-up

Apple CEO Tim Cook Saturday applauded China's opening-up and encouraged the country to open up further, saying it is essential for both the country and the global community.

Apple CEO Tim Cook speaks at the Economic Summit of the 20th China Development Forum (CDF) in Beijing, China, Saturday, March 23, 2019. [Photo provided to China Plus]

Cook made the remarks in a speech at the Economic Summit of the 20th China Development Forum (CDF), scheduled from March 23 to 25.

He said one of the key elements of a partnership is openness and trust, "Being open to working together, open to new ideas, open to new solutions."

"We've seen China continue to change and evolve, and we are grateful that you have opened your doors to us and allowed us to be part of the community here," Cook told an audience of senior government officials, company executives and scholars.

Apple sees China's continuous opening-up as essential not only for China to reach its full potential but also for the global economy to thrive, he said.

With "Greater Opening-up for Win-Win Cooperation" as its theme, this year's CDF will focus on key issues such as the supply-side structural reform, new measures of proactive fiscal policy, and the opening-up of the financial sector and financial stability.

More than 50 officials from the Chinese central government's departments and over 150 overseas delegates participated in this year's forum, including 96 executives from the world's leading companies and nearly 30 globally well-known scholars.