China commerce minister discussed foreign investment, AI at meet with Nvidia CEO
作者：Che Pan
Nvidia CEO Jensen Huang is surrounded by media members after the opening ceremony for the China International Supply Chain Expo in Beijing, China July 16, 2025. REUTERS/Florence Lo/File Photo Purchase Licensing Rights, opens new tab
BEIJING, July 18 (Reuters) - China's Commerce Minister Wang Wentao told Nvidia
(NVDA.O), opens new tabCEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would provide high-quality and reliable products and services to Chinese customers, the ministry said in a statement.
Huang said the Chinese market was very attractive, and Nvidia was willing to deepen cooperation with Chinese partners in the field of artificial intelligence, according to the commerce ministry's statement released on Friday.
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Wang said China's policy of attracting foreign investment would not change and the door to openness would only open wider.
Nvidia declined to comment further.
During his third China visit this year, Huang, the founder and CEO of the world's most valuable company, also met with Ren Hongbin, chairman of China Council for the Promotion of International Trade and the country's Vice Premier He Lifeng.
Chinese officials told Huang they welcomed foreign companies to continue to invest in the country, the Nvidia CEO said at a press conference in Beijing on Wednesday.
At the event, Huang described AI models from Chinese firms Deepseek, Alibaba
(9988.HK), opens new taband Tencent
(0700.HK), opens new tabas "world class" and said AI was "revolutionising" supply chains.
China's commerce ministry said in a separate statement on Friday that the U.S. had told Beijing that it would approve sales of Nvidia's H20 AI chips to Chinese customers.
Huang said on Wednesday that Chinese customers' demand for the H20, which was released from U.S. export controls this week, is high but no purchase orders have been fulfilled yet as it awaits U.S. government approval for export licences.
Nvidia has also announced it is developing a new chip for Chinese clients called the RTX Pro GPU, which would be compliant with U.S. export restrictions and designed specifically for smart factories and for robot training purposes.
Reporting by Che Pan and Casey Hall; Editing by Christopher Cushing and Jamie Freed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Casey has reported on China's consumer culture from her base in Shanghai for more than a decade, covering what Chinese consumers are buying, and the broader social and economic trends driving those consumption trends. The Australian-born journalist has lived in China since 2007.
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