On October 24th, reports indicated that on October 20th, Sheng Qiuping, the Deputy Minister of the Ministry of Commerce, held a meeting in Beijing with Li Hui, the General Manager of Toyota Motor (China) Investment Co., Ltd. During the meeting, Sheng Qiuping emphasized that China and Japan are significant neighboring nations with deeply intertwined economic interests, as well as integrated industrial and supply chains, which pave the way for extensive cooperation. He reiterated China's steadfast commitment to advancing high-standard opening-up, noting that as the world's second-largest consumer market, China's market scale is continuously expanding. The Chinese government places high importance on boosting domestic demand and stimulating consumption, having rolled out a series of policy measures. These initiatives create vast development opportunities for foreign-invested enterprises like Toyota Motor. Sheng Qiuping extended a warm welcome to Toyota Motor, encouraging them to further deepen their presence in the Chinese market and seize the opportunities offered by China's expansive market.

Li Hui responded by stating that Toyota Motor places immense value on the Chinese market and is eager to expedite the introduction of new technologies and innovative concepts in China. Additionally, they aim to bring more groundbreaking achievements to the global market.