Wider opening-up drives foreign trade and FDI growth
1 year, 9 months ago

Wider opening-up drives foreign trade and FDI growth

China Daily  

A total knee replacement system made by Johnson& Johnson, a multinational company based in the United States, is displayed at the fourth China International Import Expo in Shanghai in 2021. Underpinned by its optimized COVID-19 response and steady economic recovery, experts and businesspeople believe that China will provide increasingly huge development opportunities for companies at home and abroad, especially as the ongoing two sessions are sending policy signals of strengthened efforts to expand high-standard opening-up and build an improved business climate. Experts and policy advisers said China will likely launch more policy measures this year to boost the confidence of foreign investors while improving the quality of overseas trade and foreign direct investment. "The key for China to retain existing FDI is to strengthen efforts on tasks such as establishing a unified, fair and orderly national market, enhancing policy consistency and firmly safeguarding the legitimate interests of businesses," said Huo Jianguo, vice-chairman of the China Society for World Trade Organization Studies. To spur a new influx of FDI, he said China is expected to increase the level of openness in the services sector, improve the implementation of laws and policy measures that enable foreign investors, and revise regulations and legal provisions that do not conform to the principle of national treatment of overseas investors.

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History of this topic

Expanding high-level opening-up benefits China and world
Trending News
3 days, 23 hours ago

Expanding high-level opening-up benefits China and world

China Daily  

The National Immigration Administration announced on Tuesday that as of that day it would relax and optimize the transit visa-free policy, extending the stay period of foreigners with transit visa-free status from the original 72 hours or 144 hours to 240 hours. As the world's second-largest economy, China is committed to promoting economic globalization and international cooperation through unilateral opening-up, …

Expanding high-level opening-up benefits China and world
Trending News
3 days, 23 hours ago

Expanding high-level opening-up benefits China and world

China Daily  

A traveler from Poland takes photos at the Yuyuan shopping center in Shanghai on Dec 4. As the world's second-largest economy, China is committed to promoting economic globalization and international cooperation through unilateral opening-up, which is also conducive to promoting its own high-quality development and the building of an open economy. Expanding unilateral opening-up is also China's consistent policy toward …

Opening-up to spur foreign trade growth
1 week ago

Opening-up to spur foreign trade growth

China Daily  

A container ship leaves Qingdao Port, Shandong province. China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals …

Opening-up to spur foreign trade growth
1 week ago

Opening-up to spur foreign trade growth

China Daily  

China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals in selected cities, including Beijing and Shanghai, Liu …

China's zero-tariff policy boon for least developed countries
2 weeks ago

China's zero-tariff policy boon for least developed countries

China Daily  

An employee operates a touch panel in a workshop at a foreign-funded electronics manufacturing enterprise in Rongcheng, Shandong province, on Feb 23. "China's international fairs are really great platforms for African enterprises to find new opportunities, and purchasers usually consider our agricultural products to be good value for the money, thanks to China's zero-tariff treatment on most of them," said …

Foreign financial firms beef up China investment
2 weeks, 3 days ago

Foreign financial firms beef up China investment

China Daily  

BEIJING — Since the start of this year, an increasing number of foreign financial institutions have cast a vote of confidence in China by establishing new securities entities and expanding the scope of their existing businesses in a market that continues to grow and open up. This year, other foreign financial institutions, especially securities firms, have also increased their presence …

Foreign financial firms beef up China investment
2 weeks, 3 days ago

Foreign financial firms beef up China investment

China Daily  

China Daily | Updated: 2024-12-06 10:10 BEIJING — Since the start of this year, an increasing number of foreign financial institutions have cast a vote of confidence in China by establishing new securities entities and expanding the scope of their existing businesses in a market that continues to grow and open up. This year, other foreign financial institutions, especially securities …

China Policymakers Pledge to Continue With Financial Opening
1 month ago

China Policymakers Pledge to Continue With Financial Opening

Live Mint  

China’s policymakers and top regulators vowed to continue its opening up to foreign investors and firms, in their first public appearances with global financial luminaries at a major conference in Hong Kong. Speaking at Hong Kong’s third annual Global Leaders’ Investment Summit, Vice Premier He Lifeng as well as the regulators all emphasized the health of the Chinese economy and …

China to steadily push forward financial opening-up: central bank
Trending News
1 month, 2 weeks ago

China to steadily push forward financial opening-up: central bank

China Daily  

Xinhua | Updated: 2024-11-07 17:00 Headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China. BEIJING - China will steadily promote institutional opening-up of the financial service sector and the financial market, and expand connectivity between domestic and overseas financial markets, according to the central bank. China will continue to implement a supportive monetary policy, …

China's door opening even wider to foreign visitors, businesses
1 month, 2 weeks ago

China's door opening even wider to foreign visitors, businesses

China Daily  

The skyline of Beijing. On top of the national level import-themed expo, China has recently unveiled a series of initiatives, including broadened visa-free policies and eased investment restrictions, to open its doors even wider to foreign visitors, investors and business doers. This year's CIIE, running on Nov 5-10 in China's commercial hub of Shanghai, brings together participants from 152 countries, …

Opening-up brings opportunities for foreign enterprises and talents
1 month, 2 weeks ago

Opening-up brings opportunities for foreign enterprises and talents

China Daily  

This photo taken on Nov 4, 2024 shows the National Exhibition and Convention Center, the main venue for the 7th China International Import Expo which will be held from Nov 5 to 10, in East China's Shanghai. They said China's further efforts to deepen reform, expand opening-up, and promote high-quality development will bring more development opportunities to all enterprises, including …

China's door opening even wider to foreign visitors, businesses
1 month, 2 weeks ago

China's door opening even wider to foreign visitors, businesses

China Daily  

The skyline of Beijing. On top of the national level import-themed expo, China has recently unveiled a series of initiatives, including broadened visa-free policies and eased investment restrictions, to open its doors even wider to foreign visitors, investors and business doers. This year's CIIE, running on Nov 5-10 in China's commercial hub of Shanghai, brings together participants from 152 countries, …

Foreign firms enthusiastic about opening-up progress
3 months, 1 week ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Q4 While China is expanding opening-up, some are concerned that geopolitical tensions, rising protectionism and global supply chain adjustments may weaken China's attractiveness to foreign companies. Our investments in China are in line with BASF's strategy of producing where our customers are and where there is market growth. Zheng: Illumina continues to see China as a crucial part of our …

Foreign firms enthusiastic about opening-up progress
3 months, 1 week ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Q2 In your view, how will the reform and opening-up measures rolled out at the plenum help strengthen the Chinese economy and bolster its prospects of achieving modernization? In the chemical sector, the Chinese market stands as a crucial growth engine, accounting for half of the global chemical production and showing continued growth momentum. The new quality productive forces, with …

Foreign direct investment in China optimizes, upgrades
3 months, 3 weeks ago

Foreign direct investment in China optimizes, upgrades

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. According to the United Nations Conference on Trade and Development's Global Investment Trends Monitor, excluding higher values in a few European conduit economies, global FDI flows had dropped by 18 percent in 2023, …

Opening-up continues apace
3 months, 3 weeks ago

Opening-up continues apace

China Daily  

SHI YU/CHINA DAILY Opening-up is China's basic national policy and a distinctive feature of Chinese-style modernization. From 2018 to 2023, China's service trade restrictiveness index for 18 sectors, including courier and financial services, has dropped, thanks to reduced foreign investment access restrictions and other discriminatory barriers, as well as increased regulatory transparency. FTZs will fully align with international high-standard trade …

Opening-up continues apace
3 months, 3 weeks ago

Opening-up continues apace

China Daily  

SHI YU/CHINA DAILY Opening-up is China's basic national policy and a distinctive feature of Chinese-style modernization. From 2018 to 2023, China's service trade restrictiveness index for 18 sectors, including courier and financial services, has dropped, thanks to reduced foreign investment access restrictions and other discriminatory barriers, as well as increased regulatory transparency. FTZs will fully align with international high-standard trade …

New institutions facilitate high-level opening-up
4 months, 1 week ago

New institutions facilitate high-level opening-up

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. With this year marking the 75th anniversary of the founding of the People's Republic of China and being a critical year for fulfilling the goals set out in the 14th Five-Year Plan, Chinese policymakers are making greater efforts to foster a new development pattern, advance high-quality …

New institutions facilitate high-level opening-up
4 months, 1 week ago

New institutions facilitate high-level opening-up

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. With this year marking the 75th anniversary of the founding of the People's Republic of China and being a critical year for fulfilling the goals set out in the 14th Five-Year Plan, Chinese policymakers are making greater efforts to foster a new development pattern, advance high-quality …

Institutional opening-up for global integration
4 months, 2 weeks ago

Institutional opening-up for global integration

China Daily  

JIN DING/CHINA DAILY China was the world's largest exporter and second-largest recipient of foreign direct investment in 2023, marking a milestone in its opening-up policy. To further integrate into the global economy and contribute more meaningfully to global development, the recent third plenary session of the 20th Central Committee of the Communist Party of China outlined five key areas for …

Institutional opening-up for global integration
4 months, 2 weeks ago

Institutional opening-up for global integration

China Daily  

JIN DING/CHINA DAILY China was the world's largest exporter and second-largest recipient of foreign direct investment in 2023, marking a milestone in its opening-up policy. To further integrate into the global economy and contribute more meaningfully to global development, the recent third plenary session of the 20th Central Committee of the Communist Party of China outlined five key areas for …

High-level opening-up to benefit other nations
4 months, 2 weeks ago

High-level opening-up to benefit other nations

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. And the fact that the recent third plenary session of the 20th Central Committee of the Communist Party of China has vowed to promote "high-standard opening-up" means a vast range of new opportunities will be created for other countries, especially developing countries, including Brazil. While the …

High-level opening-up to benefit other nations
4 months, 2 weeks ago

High-level opening-up to benefit other nations

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. And the fact that the recent third plenary session of the 20th Central Committee of the Communist Party of China has vowed to promote "high-standard opening-up" means a vast range of new opportunities will be created for other countries, especially developing countries, including Brazil. While the …

China taking steps to expand market access
4 months, 3 weeks ago

China taking steps to expand market access

China Daily  

Large ships under construction at a shipyard in Rongcheng, Shandong province. LI XINJUN/FOR CHINA DAILY China is taking significant steps to expand market access and encourage foreign investment across a wide range of industries such as finance, manufacturing and services, the Ministry of Commerce said on Friday. China is revising and will publish the regulations for strategic investments by foreign …

China's commerce minister lays out priorities for broadening opening up
4 months, 3 weeks ago

China's commerce minister lays out priorities for broadening opening up

China Daily  

Chinese Commerce Minister Wang Wentao speaks at a news conference on economy for the second session of the 14th National People's Congress in Beijing, March 6, 2024. "The plenum underlined the commitment to the basic state policy of opening to the outside world and the resolution adopted at the session uses a whole chapter to expound on plans to pursue …

Policies set to boost foreign investment
5 months ago

Policies set to boost foreign investment

China Daily  

China's continuous reform measures and high-level opening-up will inject fresh momentum into its economic growth, creating more opportunities for multinational corporations to invest and thrive in the country, said market observers and business executives on Sunday. They added that China's accelerated cultivation of new quality productive forces, along with its industrial transformation and upgrading, will further facilitate trade and investment …

Country will open door wider as it remains committed to higher standard opening-up: China Daily editorial
5 months ago

Country will open door wider as it remains committed to higher standard opening-up: China Daily editorial

China Daily  

The Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization approved by the third plenary session of the 20th CPC Central Committee upon its conclusion in Beijing on Thursday sends a clear message that China will not give up eating for fear of choking. As set out in the …

Nation's opening to further intensify
5 months ago

Nation's opening to further intensify

China Daily  

A foreign tourist takes pictures of a child wearing traditional Chinese apparel in Changsha, Hunan province, on May 14. "We will turn China's vast market into a major opportunity for the world," he said, adding that Beijing will continue to make life more convenient for foreign travelers in terms of accommodation, medical services and payments. Mu Hong, deputy director of …

China to continue pursuing high-standard opening-up
5 months ago

China to continue pursuing high-standard opening-up

China Daily  

China will staunchly adhere to international economic and trade rules and steadily expand institutional opening-up, in order to develop new institutions for a higher-standard open economy and translate its vast market into a significant opportunity for the world, a senior official said on Friday. Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic …

Efforts to draw more foreign investment
5 months ago

Efforts to draw more foreign investment

China Daily  

chinadaily.com.cn| Updated :2024-07-17 Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer …

Provincial-level regions urged to do more to attract overseas money
5 months ago

Provincial-level regions urged to do more to attract overseas money

China Daily  

Skyscrapers border a lush green landscape in Shenzhen's central business district. Major provincial-level regions that serve as magnets for foreign investment across China should remain open to innovative ideas and models that stay ahead of the curve and adapt to changing global dynamics and emerging economic trends to better attract foreign capital, officials and experts said. The provincial-level regions need …

Efforts to draw more foreign investment
5 months ago

Efforts to draw more foreign investment

China Daily  

Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological …

Efforts to draw more foreign investment
5 months ago

Efforts to draw more foreign investment

China Daily  

Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological …

Deeper reform drives modernization
5 months, 1 week ago

Deeper reform drives modernization

China Daily  

Zhao Zhongxiu is president of the University of International Business and Economics. The Third Plenary Session of the 20th Central Committee of the Communist Party of China will be held in Beijing from July 15 to 18 at a time when the country has reached a critical juncture in its journey toward becoming a high-level socialist market economy. In this …

Deeper reform drives modernization
5 months, 1 week ago

Deeper reform drives modernization

China Daily  

Zhao Zhongxiu is president of the University of International Business and Economics. The Third Plenary Session of the 20th Central Committee of the Communist Party of China will be held in Beijing from July 15 to 18 at a time when the country has reached a critical juncture in its journey toward becoming a high-level socialist market economy. In this …

Nation vows to further deepen opening-up
5 months, 3 weeks ago

Nation vows to further deepen opening-up

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, on Wednesday. The meeting, which was chaired by Premier Li Qiang, …

Nation vows to further deepen opening-up
5 months, 3 weeks ago

Nation vows to further deepen opening-up

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, on Wednesday. The meeting, which was chaired …

Beijing passes regulation to optimize foreign investment environment
6 months, 2 weeks ago

Beijing passes regulation to optimize foreign investment environment

China Daily  

Photo taken on Jan 14, 2024 shows a view of Beijing's Central Business District. Beijing passed its first special regulation on foreign investment on Friday, representing the Chinese capital's latest effort to promote further opening up and boost its appeal to global investors. "The introduction of the regulation is timely and has received a positive response among foreign companies," said …

China's investor friendly measures uplift biz climate
8 months, 3 weeks ago

China's investor friendly measures uplift biz climate

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. BEIJING — China has announced a new set of measures aimed at enhancing the appeal and effective utilization of foreign investment, as part of the country's efforts to harness and share its huge market potential. An action plan comprising 24 specific pro-foreign investment measures was unveiled in …

Two-way financial opening-up to expand more this year
8 months, 3 weeks ago

Two-way financial opening-up to expand more this year

China Daily  

Participants share a lighter moment at a roundtable on Asian financial market development and financial globalization during the Boao Forum for Asia Annual Conference 2024 on Friday. FENG YONGBIN/CHINA DAILY China will work to further expand its financial opening-up this year as part of its efforts to attract more foreign investment and bolster the world's second-largest economy, officials and experts …

Nation to grant FDI greater access to its markets
9 months ago

Nation to grant FDI greater access to its markets

China Daily  

Investment: Policies bring about new growth opportunities China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State Council, China's Cabinet, on Tuesday. Moreover, the adoption of strategies like "decoupling" and …

Nation to grant FDI greater access to its markets
9 months ago

Nation to grant FDI greater access to its markets

China Daily  

Investment: Policies bring about new growth opportunities China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State Council, China's Cabinet, on Tuesday. Moreover, the adoption of strategies like "decoupling" and …

Nation to grant FDI greater access to its markets
9 months ago

Nation to grant FDI greater access to its markets

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. Investment: Policies bring about new growth opportunities China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State …

Shandong ramps up opening-up for high-quality growth
9 months, 1 week ago

Shandong ramps up opening-up for high-quality growth

China Daily  

Container ships sail into the harbor at the Qingdao Port of Shandong Port Group. The Government Work Report has highlighted "expanding high-level opening-up and promoting mutually beneficial cooperation" as a key task for stabilizing foreign trade and attracting foreign investment, which will help in overcoming various risks and challenges, stabilizing economic growth, and enhancing international competitiveness. The Shandong Province Overseas …

Endowed with confidence
9 months, 1 week ago

Endowed with confidence

China Daily  

WANG XIAOYING/CHINA DAILY China should enhance its appeal to foreign investment by establishing a law-based and internationalized business environment Utilizing foreign investment is a key aspect of China's opening-up drive. To build a first-class business environment, it is necessary for China to ensure fair competition and access to infrastructure and various production factors needed by foreign-invested enterprises, and fully unleash …

High-quality development remains top priority for country in new era: China Daily editorial
9 months, 2 weeks ago

High-quality development remains top priority for country in new era: China Daily editorial

China Daily  

Robots seen on the assembly line of automaker FAW Group in Changchun, Jilin province. Abroad, geopolitical headwinds seriously disrupted the country's reach to international markets; at home, the private sector lost steam, the real estate market remained in dire straits, and domestic consumption appeared lackluster. In spite of the pessimism surrounding the state of the Chinese economy and its near-term …

China pledges to increase opportunities for foreign companies as it seeks to boost its economy
9 months, 3 weeks ago

China pledges to increase opportunities for foreign companies as it seeks to boost its economy

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Nation advances policy mix in efforts to attract FDI
9 months, 3 weeks ago

Nation advances policy mix in efforts to attract FDI

China Daily  

China will continue working toward the swift implementation and effectiveness of the policy package aimed at enhancing the investment climate for foreign businesses and attracting more foreign investment, the Ministry of Commerce said on Wednesday. The policy mix, rolled out in August by the State Council, China's Cabinet, after pooling feedback and concerns facing foreign companies in terms of the …

Nation advances policy mix in efforts to attract FDI
9 months, 3 weeks ago

Nation advances policy mix in efforts to attract FDI

China Daily  

China will continue working toward the swift implementation and effectiveness of the policy package aimed at enhancing the investment climate for foreign businesses and attracting more foreign investment, the Ministry of Commerce said on Wednesday. The policy mix, rolled out in August by the State Council, China's Cabinet, after pooling feedback and concerns facing foreign companies in terms of the …

Nation advances policy mix in efforts to attract FDI
9 months, 3 weeks ago

Nation advances policy mix in efforts to attract FDI

China Daily  

China will continue working toward the swift implementation and effectiveness of the policy package aimed at enhancing the investment climate for foreign businesses and attracting more foreign investment, the Ministry of Commerce said on Wednesday. The policy mix, rolled out in August by the State Council, China's Cabinet, after pooling feedback and concerns facing foreign companies in terms of the …

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