China's vice premier meets Blackstone chairman in Beijing
China's Vice Premier He Lifeng met Blackstone's Chairman Stephen Schwarzman in Beijing, the official Xinhua news agency reported on Tuesday, stating that the Chinese side said it welcomed more U.S.-funded enterprises and long-term capital. China's He said that the country's economic development was improving and that prospects were brighter. "We welcome more U.S.-funded enterprises and long-term capital, including Blackstone, to continue to deepen mutually beneficial cooperation with China and play a greater role in promoting the healthy development of China-US economic and trade relations," Xinhua quoted the vice premier as saying.