China's securities regulator chairman and Beijing's party secretary met with Citigroup CEO Jane Fraser to discuss enhancing cooperation in wealth management and cross-border financing, state-backed media reported.
Fraser was part of a delegation accompanying U.S. President Donald Trump on his first visit to China since 2017.
The presence of top U.S. corporate leaders from Apple, Meta, Boeing, Cargill, and Goldman Sachs underscores the Chinese market's importance despite trade and geopolitical tensions.
Beijing Party Secretary Yin Li welcomed Citigroup to expand its business and attract more international firms and investment to China.
CSRC Chairman Wu Qing also met Fraser, exchanging views on the global economic and financial environment and China's capital market opening.
Separately, the PBOC vice governor and SAFE director met with Goldman Sachs CEO David Solomon.
