On April 5, 2024, in an exclusive interview with Senior Foreign Policy Writer Tom O'Connor from Newsweek, Chinese Ambassador to the United States Xie Feng pointed out that capital votes with its feet.

Ambassador Xie said that as new quality productive forces are rapidly taking shape and more favorable measures are rolled out, investors with vision from the United States and other countries are competing to seize the unprecedented opportunities in China.

In January, Costco opened its sixth store in China's mainland in Shenzhen, Guangdong province. More than 140,000 customers signed up for the membership on the very first day, setting a global record. There is every reason to believe that Costco's next world record will also be created in China. On March 21, Mr. Tim Cook opened the doors of a new Apple store in Shanghai to welcome crowds of visitors. Apple invested nearly $12 million in this retail store, the largest in Asia. Mr. Cook was clearly anticipating more than the initial wave of Apple fans; what he foresaw is a steady influx of customers.

Having invested $4.2 billion in the ethylene project in Guangdong Province, ExxonMobil plans to invest $1.4 billion more. Volkswagen established its largest overseas R&D center in Tianjin. Airbus opened in Chengdu the first aircraft lifecycle service center outside Europe. Valeo will build a comfort and driving assistance systems manufacturing and R&D site in Shanghai. AstraZeneca will invest $470 million to build a small molecule drug factory in Wuxi, Jiangsu Province. GE Healthcare China has committed to double R&D spending in three years.

Ambassador Xie emphasized that opening-up needs to be a two-way street. It should not be a solo, but a chorus by all. China has opened its arms to the world, and we expect others to do the same. If anyone is bent on constraining the flow of knowledge, technology, talents, and other factors of innovation by building a "small yard, high fence," suppressing others' competitive platforms and industrial capacity through decoupling, and trying to monopolize innovation resources, it would only widen the technological divide and stifle global development.

The international community needs to uphold the principles of openness, fairness, justice and non-discrimination, jointly facilitate the flow of innovation factors, explore new growth drivers, and enhance creativity and cooperation with an open mind so as to achieve common prosperity for all.