In a meeting with Chinese government officials in Beijing, Apple CEO Tim Cook revealed that the U.S. company plans to boost its investment in China, contributing to the growth of the supply chain, according to a report from state news agency Xinhua on Thursday. On Wednesday, the ministry confirmed that Cook met with Jin Zhuanglong, Minister for Industry and Information Technology.
Apple did not immediately respond to a request for comment via email.
This is Cook’s second visit to the world’s largest smartphone market this year, where the iPhone maker has recently seen a decline in market share to domestic competitors.
Xinhua quoted Cook as saying, “Apple is keen to leverage the opportunities created by China’s economic opening and will continue increasing investment in the country, thereby supporting the high-quality development of its industrial and supply chains.”
The discussions also covered Apple’s expansion in China, data security management, and cloud services, as reported by Xinhua.
Jin expressed his hope that Apple would strengthen its presence in China, expand innovation investments, collaborate with Chinese companies, and share in the benefits of high-quality development, according to a statement from the Ministry of Industry and Information Technology on Wednesday.
