Country will open door wider as it remains committed to higher standard opening-up: China Daily editorial
5 months, 3 weeks 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 Resolution, the opening-up efforts will now focus on expanding institutional opening-up, foreign trade system reform, foreign investment and outbound investment management, optimizing the regional opening-up layout, and improving and promoting high-quality joint construction of the Belt and Road mechanism, with relevant policies, action plans and measures to be made and implemented. To attract foreign investment, China will actively connect with international high-standard economic and trade rules, realize the interoperability of rules, regulations, management and standards in the fields of property rights protection, industrial subsidies, environmental standards, labor protection, government procurement, e-commerce and finance, establish an efficient, convenient and safe cross-border data flow mechanism, and create a transparent, stable and predictable institutional environment. Neither the country's pursuit of high-quality development nor its cultivation of the new quality productive forces can be divorced from the country's high-standard opening-up to the world. In the process of further integrating into the world system, China is also committed to promoting global economic governance reform, and sharing its development opportunities with countries around the world to create a better future.

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History of this topic

Tech opening-up key to Chinese modernization
2 weeks ago

Tech opening-up key to Chinese modernization

China Daily  

LI MIN/CHINA DAILY Emphasizing that opening-up is a defining feature of Chinese modernization, President Xi Jinping has said that Chinese modernization must be supported by scientific and technological modernization. International cooperation in technology enhances China's innovation capabilities, and by expanding technological opening-up and collaboration, it can attract top global talents and institutions, thus facilitating the formation of cross-border research teams …

Expanding high-level opening-up benefits China and world
Trending News
3 weeks, 1 day 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 weeks, 1 day 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
3 weeks, 5 days 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 …

Opening-up to spur foreign trade growth
3 weeks, 5 days 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 …

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

Foreign financial firms beef up China investment
1 month 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
1 month 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 …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

By ZHONG NAN| China Daily| Updated :2024-11-28 When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

CIIE showcases nation's enormous market potential
1 month, 3 weeks ago

CIIE showcases nation's enormous market potential

China Daily  

Anyone wanting to get a better idea of an influential expo that showcases China's high-level opening-up and vast market potential — offering tremendous opportunities for global participants — should visit the China International Import Expo in Shanghai in early November. Many foreign business executives told me that amid unprecedented global changes and a sluggish economic recovery, they view the CIIE …

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

China fully opens manufacturing sector to foreign investors in landmark opening up move
2 months, 1 week ago

China fully opens manufacturing sector to foreign investors in landmark opening up move

China Daily  

BEIJING -- China has removed all market access restrictions for foreign investors in the manufacturing sector, a landmark move made by the world's second-largest economy as it opens its doors wider. Another negative list applied in the country's free trade zones, which are pioneering pilots in opening up practices, achieved zero-restrictions on foreign investment in manufacturing in 2021. The new …

China revises rules to ease foreign strategic investment in listed firms
2 months, 1 week ago

China revises rules to ease foreign strategic investment in listed firms

China Daily  

China revises rules to ease foreign strategic investment in listed firms Xinhua Updated: Nov 04, 2024 High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. Chinese authorities on Friday released revised rules on foreign investors' strategic investment in listed companies in a move to encourage foreign investors to make long-term and value investment in the country. …

China fully opens manufacturing sector to foreign investors in landmark opening up move
2 months, 1 week ago

China fully opens manufacturing sector to foreign investors in landmark opening up move

China Daily  

BEIJING -- China has removed all market access restrictions for foreign investors in the manufacturing sector, a landmark move made by the world's second-largest economy as it opens its doors wider. Another negative list applied in the country's free trade zones, which are pioneering pilots in opening up practices, achieved zero-restrictions on foreign investment in manufacturing in 2021. The new …

Trade, opening-up surging over years
3 months, 1 week ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Trade, opening-up surging over years
3 months, 1 week ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Foreign firms enthusiastic about opening-up progress
3 months, 4 weeks 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 …

Open markets to lure foreign firms
3 months, 4 weeks ago

Open markets to lure foreign firms

China Daily  

chinadaily.com.cn| Updated :2024-09-12 China is set to unveil a new, condensed negative list for market access, and remove more barriers to entry in emerging industries, so as to pave the way for greater business participation and foster a more enabling marketplace for both domestic and overseas entities, officials and experts said. Experts said that China's ongoing efforts to refine its …

Pruning of negative list will boost high-level opening-up
4 months ago

Pruning of negative list will boost high-level opening-up

China Daily  

The skyline of Beijing. China's latest negative list on foreign investment access, jointly released by the National Development and Reform Commission and the Ministry of Commerce on Sunday, has reduced the number of restrictive measures from 31 to 29. Amid the rising trend of anti-globalization sentiment, China's updating of its negative list demonstrates its commitment to cooperation with countries in …

China to lift foreign investment access restrictions in manufacturing sector
4 months ago

China to lift foreign investment access restrictions in manufacturing sector

China Daily  

Employees of an engineering machinery manufacturer in Shandong province work on the company's production line of loaders. BEIJING -- Restrictions on foreign investment in the manufacturing sector will be lifted with the release of the 2024 version of the negative list for foreign investment access, China's top economic planner announced Sunday. Jointly issued by the National Development and Reform Commission …

Foreign direct investment in China optimizes, upgrades
4 months, 1 week 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
4 months, 2 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
4 months, 2 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 …

Nation to incentivize foreign investors
4 months, 3 weeks ago

Nation to incentivize foreign investors

China Daily  

China will roll out a set of initiatives aimed at incentivizing foreign investment, with the goal of enabling a greater number of global players to benefit from the dividends of the country's reform and opening-up policies, and promoting a win-win scenario, senior officials said on Friday. China will further relax restrictions on foreign investors making strategic investments in listed companies, …

Nation to incentivize foreign investors
4 months, 3 weeks ago

Nation to incentivize foreign investors

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. China will roll out a set of initiatives aimed at incentivizing foreign investment, with the goal of enabling a greater number of global players to benefit from the dividends of the country's reform and opening-up policies, and promoting a win-win scenario, senior officials said on Friday. …

New institutions facilitate high-level opening-up
4 months, 3 weeks 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, 3 weeks 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
5 months 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
5 months 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 …

China taking steps to expand market access
5 months, 1 week 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
5 months, 1 week 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 …

China committed to offering strict, equal IP protection for foreign innovators: official
5 months, 1 week ago

China committed to offering strict, equal IP protection for foreign innovators: official

China Daily  

BEIJING -- China is committed to providing a fair business environment and strict intellectual property protection for foreign enterprises, said a Chinese IP official on Monday. Hu said that the Chinese government had issued a series of guidelines and regulations, emphasizing the importance of providing equal IP protection for both domestic and foreign enterprises. In terms of protection efficiency, Hu …

Fresh impetus for China's private sector
5 months, 1 week ago

Fresh impetus for China's private sector

China Daily  

An employee works on a chip production line in Jiujiang, Jiangxi province. The country will also support capable private enterprises in leading national initiatives to make breakthroughs in major technologies and provide private enterprises with greater access to major national scientific research infrastructure, he said. "As the rule of law offers the best business environment, China will formulate and introduce …

Policies set to boost foreign investment
5 months, 2 weeks 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 …

Nation's opening to further intensify
5 months, 3 weeks 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, 3 weeks 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, 3 weeks ago

Efforts to draw more foreign investment

China Daily  

JIN DING/CHINA DAILY 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 advancements are strong incentives for foreign businesses seeking opportunities to …

Efforts to draw more foreign investment
5 months, 3 weeks 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, 3 weeks 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, 3 weeks 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 …

New advantages, new challenges
6 months, 1 week ago

New advantages, new challenges

China Daily  

MA XUEJING/CHINA DAILY As more Chinese enterprises go global and invest in developed economies, they should be prepared to encounter more barriers and face fiercer competition Data from the State Administration of Foreign Exchange show that China's outbound direct investment amounted to $185.3 billion in 2023, and the importance of ODI is expected to grow in the coming years. As …

High-quality development, foreign investment interdependent
6 months, 1 week ago

High-quality development, foreign investment interdependent

China Daily  

A view of the Huangpu River in Shanghai. Against this backdrop, high institutional quality plays a crucial role in helping China effectively utilize foreign investment and maintain stable development in a volatile environment. Therefore, China currently needs foreign investment, and the country's high-quality development requires high-quality foreign investment. With regard to the second question, the key to attracting high-quality foreign …

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