China commerce minister meets with Nvidia CEO

Chinese officials said they welcomed continued foreign investment


Reuters July 18, 2025 1 min read
Nvidia CEO Jensen Huang speaks at the opening ceremony of the third China International Supply Chain Expo (CISCE) in Beijing, China (Photo: Reuters)

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China's Commerce Minister Wang Wentao said on Friday he met with Nvidia NVDA.O CEO Jensen Huang in Beijing on Thursday.

Wang said at a press conference that Huang has been dominating social media over the past few days during his visit to China, but Wang did not provide any details about what was discussed at their meeting.

Nvidia declined to comment.

During his third China visit this year, Huang, the founder and CEO of the world's most valuable company, also met with Ren Hongbin, chairman of China Council for the Promotion of International Trade and the country's Vice Premier He Lifeng.

Chinese officials told Huang they welcomed foreign companies to continue to invest in the country, the Nvidia CEO said at a press conference in Beijing on Wednesday.

At the event, Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba 9988.HK and Tencent 0700.HK as "world class" and said AI was "revolutionising" supply chains.

Huang also said Chinese customers' demand for its H20 AI chip, which was released from US export controls this week, is high but no purchase orders have been fulfilled yet as it awaits US government approval for export licences.

Nvidia has also announced it is developing a new chip for Chinese clients called the RTX Pro GPU, which would be compliant with US export restrictions and designed specifically for smart factories and for robot training purposes.

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