(ECNS) -- On November 15 local time, President Xi Jinping and？U.S. President Joe Biden held a summit meeting at？the Filoli？Estate, San Francisco. During an exclusive interview with China News Network, Josef Mahoney, professor of Politics and International Relations at East China Normal University said that one of the reasons why the China-U.S. summit meeting gave a very clear messaging to the U.S. business leaders.

　　Mahoney further pointed out that U.S. businesses understand that they are in the era of policy supports from the Chinese government to increase domestic consumption, so they want to, and need to, be part of the Chinese market. China will pay more attention to concerns about a level-playing field and will always be a welcome place for foreign businesses.