Two days after the Trump administration restricted his company’s sales to China, Nvidia CEO Jensen Huang was in Beijing on April 17 to salvage what he referred to as a very important market.
Huang, whose visit merited a reception by Chinese Vice Premier He Lifeng at the Great Hall of the People, also met with Ren Hongbin, chairman of the China Council for the Promotion of International Trade (CCPIT), and Liang Wenfeng, founder and CEO of DeepSeek.
He, who is also a member of the Politburo, said, “We welcome more US firms, including Nvidia, to deepen their presence in the Chinese market and leverage their strengths here to gain an edge in global competition.” In reply, Huang said, “We look forward to deepening our presence in China and supporting the advancement of the local tech ecosystem.”