Chinese Commerce Minister Wang Wentao met the leaders of Apple and SK Hynix Inc, the ministry said on Saturday, ahead of major business conferences in the coming week.
In the Friday meetings with Apple CEO Tim Cook and Hynix President Kwak Noh-Jung, Wang discussed the tech companies' development in China, the ministry said in a statement.
Foreign CEOs are visiting for meetings from Sunday to Friday, including the China Development Forum and the Boao Forum.
On Thursday, Cook opened Apple's newest store in Shanghai as the phone maker battles falling iPhone sales in China and rising competition from domestic rivals such as Huawei.
Wang told Cook that China-US economic and trade cooperation is a stabilising force for bilateral relations and that China was willing to work with the United States to create a fair, stable and predictable environment for business cooperation between the two countries, the ministry said.
The ministry said that the Chinese diplomat and Kwak also discussed cooperation in the semiconductor industry chain between China and South Korea.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Shares in online fast-fashion retailer Shein have fell 8 per cent in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages.
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