On April 1, 2025, Vice President Han Zheng met with Chief Executive Officer of Royal Philips of the Netherlands Roy Jakobs in Beijing.

Han Zheng said that the current international development environment is undergoing complex and profound changes, with increasing uncertainties and instabilities. Both China and the Netherlands are open economies, and the two countries are advocates, promoters and beneficiaries of economic globalization. China remains committed to building an open world economy, upholding high-standard opening-up to promote China-Netherlands and China-EU economic and trade cooperation, and creating new development opportunities for multinational corporations. He welcomed Philips to continue tapping the Chinese market, expand R&D investment in China, and play an active role in promoting the healthy development of China-EU economic and trade cooperation.

Roy Jakobs said that President Xi Jinping's important speech during his meeting with representatives of the international business community last week was very encouraging, and that Philips is optimistic about China's economic development prospects and market opportunities, and will continue to follow its long-term development strategy in China and promote exchanges and cooperation between the Netherlands and China.