On April 25, Ling Ji, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations, met with Hans Peter Schutzinger, Executive Director and CEO of Porsche Holdings. The two sides exchanged views on topics such as Porsche's development in China and the optimization of the foreign investment environment. Ling Ji said that the Chinese government insists on promoting a high level of opening-up to the outside world, speeding up the development of new quality productivity, and promoting large-scale equipment upgrades and trade-in consumer goods, which will provide a broad space for development for the vast number of foreign-funded enterprises. There is no change in the upward and long-term positive trend of China's economy, and the driving effect of consumption on economic growth continues to increase. We hope Porsche will strengthen its investment confidence, continue to deeply cultivate the Chinese market, and seize the opportunities for China's green transformation and consumption upgrading. Shu Qingge said that Porsche is confident in investing in China and will adapt to the green and intelligent development trend of the Chinese automobile market, actively develop new energy models, and provide better products and services to Chinese consumers. (Ministry of Commerce)