MNI BRIEF: China Trade Leader Meets Apple’s Cook In Beijing

The China Council for the Promotion of International Trade's President Ren Hongbin has met with Apple CEO Tim Cook in Beijing, the council announced on Monday.

Ren said authorities were confident of achieving this year's economic growth target of around 5%, and would provide Apple and other foreign-funded enterprises with broader market opportunities.

Cook said Apple was willing to contribute to stable Sino-U.S. relations.

China will continue to facilitate foreign institutional investors to enter its private equity and venture capital markets, a senior People's Bank of China official recently told MNI. (See MNI INTERVIEW: China To Facilitate O/S Investors-PBOC Official)