It's a juicy market that welcomes foreign investment, National development boss reminds Tim Cook
Senior Chinese government officials have urged Apple CEO Tim Cook to improve the security and privacy features of his company's products.an account of Cook's meeting with the Commissions director Zheng Shanjie.
"Director Zheng Shanjie said that the Chinese government will unswervingly implement the basic national policy of opening to the outside world, and the National Development and Reform Commission will continue to support foreign-funded enterprises including Apple in their business in China," the post states."I hope that Apple will continue to actively undertake corporate social responsibilities and strengthen data security and personal privacy protection.
The director also pointed out that"China's industrial digitalization and digital industrialization process, super-large-scale market, and huge middle-income groups will all bring a broad market to multinational companies including Apple."[PDF] the iBiz reported $74.2 billion – almost 19 percent of its $394 billion annual revenue – was won in Greater China.
Apple CEO Tim Cook at the meeting with China's National Development and Reform Commission – Click to enlarge
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