However, since the new presidential administration of the United States took office in January, it has announced a growing list of tariffs on specific countries and commodities — a move that is aimed at protecting US interests and is also fueling the prospect of world economic recession.

　　Earlier this month, J.P. Morgan Research indicated that there is a 40 percent risk of a global recession taking hold this year, up from 30 percent at the start of 2025.

　　“We see a materially higher risk of a global recession due to US trade policy,“ said Bruce Kasman, chief global economist at J.P. Morgan. “The administration's shift in the application of tariff policy and the potential impact on sentiment have contributed to this increased risk.“

　　Observers said that stability has become a defining feature of China amid geopolitical turbulence, providing a socioeconomic environment that investors find reassuring.

　　Amin Nasser, president of Saudi Aramco, described China as “an oasis of certainty“.

　　“We are seeing today in the global environment uncertainty and unpredictability,“ he said. “We need China's certainty, stability and predictability.“

　　During Friday's meeting, President Xi assured the foreign business executives that China has developed sound regulations, policies and procedures for foreign investment, promoted trade and investment liberalization and facilitation, and made active efforts to foster a world-class, market-oriented business environment governed by a sound legal framework.

　　He expressed the hope that foreign enterprises would dispel their doubts, strengthen their confidence, and feel assured to develop in China and share in the development opportunities that the nation offers.