Chinese language Commerce Minister Wang Wentao met the leaders of Apple and SK Hynix Inc , the ministry stated on Saturday, forward of main enterprise conferences within the coming week.

Within the Friday conferences with Apple CEO Tim Cook dinner and Hynix President Kwak Noh-Jung, Wang mentioned the tech corporations’ growth in China, the ministry stated in an announcement.

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Overseas CEOs are visiting for conferences from Sunday to Friday, together with the China Growth Discussion board and the Boao discussion board.

Cook dinner opened Apple’s latest retailer in Shanghai on Thursday, because the telephone maker battles falling iPhone gross sales in China and rising competitors from home rivals similar to Huawei.

Wang informed Cook dinner that China-U.S. financial and commerce cooperation is a stabilising power for bilateral relations and that China was keen to work with america to create a good, secure and predictable atmosphere for enterprise cooperation between the 2 nations, the ministry stated.

The Chinese language diplomat and Kwak additionally mentioned cooperation within the semiconductor business chain between China and South Korea, the ministry stated.

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