China’s industry minister, Tesla’s Musk meet, discuss electric cars

China’s commerce minister met Tesla Ltd. CEO Elon Musk on Wednesday and promised to support the development of foreign companies, the ministry said.

Musk earlier met with China’s ministers of industry and foreign affairs. He joined a series of CEOs from global companies, including Apple Inc., who have met with Cabinet officials or Premier Li Qiang, the top economic official, this year following the end of anti-virus controls that blocked most travel into China.

The ruling Communist Party is trying to revive investor interest in China’s slowing economy and reassure companies that have been rattled by anti-monopoly and data-security crackdowns,