In China, Tim Cook had a meeting with Minister Jin Zhuanglong to talk about Apple’s investments and data security in the country.
During his second visit to the country this year, Tim Cook, the CEO of Apple Inc., engaged in talks with a high-ranking Chinese official regarding investments, data security, and cloud services.
During a meeting in Beijing on Wednesday, Cook engaged with Jin Zhuanglong, China’s Minister of Industry and Information Technology, as reported on the ministry’s WeChat account. Discussions revolved around Apple’s operations in China, the secure handling of online data, and cloud services.
Tim Cook was quoted in a WeChat post stating that Apple plans to further expand its investments in China to support the high-quality development of the supply chain. However, no specific details were provided in the post. Jin encouraged Cook to persist in increasing investments in innovative initiatives within the country.
Upon his entrance into China, Cook shared multiple snapshots from his journey, showcasing a visit to an Apple store in Beijing and an organic farm in the suburbs. One particular image captured Cook alongside Jeff Williams, the chief operating officer.
In recent years, there has been an increase in the Chinese government’s regulation of data flow. In response to local laws mandating data storage within the country, Apple revealed plans in 2017 to establish its inaugural data center in China. Subsequently, Apple consented to transfer the data of Chinese iCloud users to server facilities managed by Guizhou Cloud Big Data, an entity affiliated with local authorities.
Driven by its immense size, China stands as the leading global hub for smartphones and holds paramount significance for Apple beyond the borders of the United States. Apple plays a pivotal role in fostering countless job opportunities within the Chinese market.
Chinese authorities have been making efforts to lure investments from multinational corporations to support their struggling economy. However, foreign investors withdrew a historic sum of funds from China during the second quarter, indicating a significant lack of confidence in the world’s second-largest economy.
