Senior Chinese official meets with Goldman Sachs CEO

BEIJING, Nov. 4 -- Senior Chinese official He Lifeng met with David Solomon, chairman and CEO of Goldman Sachs Group, in Beijing on Tuesday.

He, who is a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Central Commission for Financial and Economic Affairs, said that the heads of state of China and the United States recently held a successful meeting in Busan, the Republic of Korea, charting the course for the next phase of bilateral economic and trade relations.

The two sides should work together to act on the important common understandings reached by the two heads of state, He said, adding that doing so will provide greater predictability for businesses from both countries.

He noted that it will also promote the steady, sound and sustainable development of China-U.S. trade and economic relations, and contribute to global economic stability.

China welcomes the Goldman Sachs Group to continue its investment and business operations in China, He said.

Solomon said that Goldman Sachs is optimistic about the prospects of China's economic development and remains committed to contributing to the high-quality development of China's capital markets.