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, regions, and international organizations, with a record number of 297 Fortune Global 500 companies and industry leaders setting to attend, a testimony to the event's growing international sway and appeal. It also serves as a platform for China to introduce new measures to improve the business environment for foreign enterprises, from easing trade policies to supporting cross-border e-commerce and facilitating smoother customs procedures. The new edition of China's national negative list for foreign investment, which took effect Friday, eliminated the remaining restrictions on the manufacturing sector.

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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 …

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 …

Door opened wider for foreign-invested businesses
3 weeks, 4 days 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
3 weeks, 5 days 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
3 weeks, 5 days 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
3 weeks, 5 days 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, …

China is expanding visa-free entry to more countries in bid to boost economy
1 month ago

China is expanding visa-free entry to more countries in bid to boost economy

Deccan Chronicle  

BEIJING: China announced Friday that it would expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economy. It restored the previous visa-free access for citizens of Brunei and Singapore in July 2023, and then expanded visa-free entry to six more countries — France, Germany, Italy, the …

Chinese tourists return to global markets
1 month, 2 weeks ago

Chinese tourists return to global markets

China Daily  

Chinese visitors immerse themselves in the enchanting allure of AlUla's vast Saudi Arabian desert, enjoying local hospitality under a breathtaking sunset. In 2019, the Chinese outbound tourism market was a global powerhouse, with Chinese travelers making 155 million trips abroad and spending an impressive $255 billion, according to data from the UN World Tourism Organization. Access matters A key driver …

Chinese tourists return to global markets
1 month, 2 weeks ago

Chinese tourists return to global markets

China Daily  

Chinese visitors immerse themselves in the enchanting allure of AlUla's vast Saudi Arabian desert, enjoying local hospitality under a breathtaking sunset. In 2019, the Chinese outbound tourism market was a global powerhouse, with Chinese travelers making 155 million trips abroad and spending an impressive $255 billion, according to data from the UN World Tourism Organization. Access matters A key driver …

Chinese tourists return to global markets
Trending News
1 month, 2 weeks ago

Chinese tourists return to global markets

China Daily  

By [email protected] | Wang Mingjie in London | Updated: 2024-11-07 19:03 Chinese visitors immerse themselves in the enchanting allure of AlUla's vast Saudi Arabian desert, enjoying local hospitality under a breathtaking sunset. In 2019, the Chinese outbound tourism market was a global powerhouse, with Chinese travelers making 155 million trips abroad and spending an impressive $255 billion, according to data …

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, …

China holds wide appeal for investors
1 month, 2 weeks ago

China holds wide appeal for investors

China Daily  

Motivated by China's complete removal of market access restrictions for foreign investors in the manufacturing sector, executives from multinational corporations attending the seventh China International Import Expo said they will deploy more resources in the country, with a particular focus on high-end manufacturing. Attracted by China's innovation capability, business model transformation and bilateral and multilateral free trade deals, many global …

Global Manufacturers Embracing China's Manufacturing Revival: CIIE 2024
1 month, 2 weeks ago

Global Manufacturers Embracing China's Manufacturing Revival: CIIE 2024

China Daily  

Motivated by China's complete removal of market access restrictions for foreign investors in the manufacturing sector, multinational corporations attending the seventh China International Import Expo are expected to deploy more resources in the country, with a particular focus on high-end manufacturing.

China fully opens manufacturing sector to foreign investors in landmark opening up move
1 month, 2 weeks 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 fully opens manufacturing sector to foreign investors in landmark opening up move
1 month, 2 weeks 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 Unveils New Trade and Investment Policies to Attract Foreign Investors
1 month, 3 weeks ago

China Unveils New Trade and Investment Policies to Attract Foreign Investors

China Daily  

China announces policies to bolster foreign trade and investment, with the aim of promoting economic growth and attracting foreign investment. The country has issued a guideline to promote the experience in aligning some eligible free trade zones and the Hainan Free Trade Port with high-standard international economic and trade rules. This initiative is expected to contribute to the expansion of …

China to further optimize visa waiver policies: FM spokesman
1 month, 4 weeks ago

China to further optimize visa waiver policies: FM spokesman

China Daily  

Xinhua| Updated :2024-10-25 Visitors browse a market in Shanghai in September. BEIJING -- China on Tuesday vowed further efforts to optimize the visa waiver and other relevant policies and measures to make it more convenient for foreigners to visit and stay in China. Foreign Ministry spokesman Lin Jian made the remarks at a daily press briefing, in response to a …

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 …

Open markets to lure foreign firms
3 months, 1 week 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
3 months, 1 week 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
3 months, 2 weeks 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
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, …

Inbound travelers surge amid policy boost
4 months ago

Inbound travelers surge amid policy boost

China Daily  

China Daily| Updated :2024-08-20 Visitors, including many from overseas, view the sights at the Palace Museum in Beijing in July. Liu Haitao, deputy director of the NIA, said that China's visa-free transit policy, which has been in place since January 2013, is continuously optimized in terms of applicable countries, ports of entry, duration of stay and available areas. Liu said …

Vloggers offer reality check on biased coverage of China
4 months, 1 week ago

Vloggers offer reality check on biased coverage of China

China Daily  

Baobaoxiong, as he is known on social networks, is one of many foreigners who have embraced travel in China, a trend that has grown as China continues to optimize its entry policies. Door flung open Peng Han, chief analyst at Travel Daily, a Chinese tourism media company, said the visa-friendly policies showcase China's determination to open its doors wider to …

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 …

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 …

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 …

Efforts to draw more foreign investment
5 months 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 …

Inbound tourism sees robust upsurge
5 months, 2 weeks ago

Inbound tourism sees robust upsurge

China Daily  

China experienced a significant surge in inbound trips by foreigners in the first half of the year following the implementation of a series of favorable visa policies, with expectations for continued growth in the second half, the National Immigration Administration said on Friday. "With the continuous expansion of the 'visa-free circle' and the accelerated implementation of various policies, we anticipate …

Inbound tourism sees robust upsurge
5 months, 2 weeks ago

Inbound tourism sees robust upsurge

China Daily  

China experienced a significant surge in inbound trips by foreigners in the first half of the year following the implementation of a series of favorable visa policies, with expectations for continued growth in the second half, the National Immigration Administration said on Friday. "With the continuous expansion of the 'visa-free circle' and the accelerated implementation of various policies, we anticipate …

Nation's inbound tourism sees robust growth in first half of 2024
5 months, 2 weeks ago

Nation's inbound tourism sees robust growth in first half of 2024

China Daily  

Foreign tourists browse local handicrafts in Longsheng, Guangxi Zhuang autonomous region in July. China experienced a significant surge in inbound trips by foreigners in the first half of the year following the implementation of a series of favorable visa policies, with expectations for continued growth in the second half, the National Immigration Administration said on Friday. "With the continuous expansion …

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, …

Decoupling result of US' China policy
5 months, 3 weeks ago

Decoupling result of US' China policy

China Daily  

By Yifan Xu in Washington | China Daily | Updated: 2024-06-27 09:51 Capital market decoupling between the United States and China is occurring to some extent, and US restrictions targeting China have played a significant role, experts said. US President Joe Biden signed an executive order last August to establish a foreign investment review mechanism to restrict US entities from …

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 …

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

Nation vows to further deepen opening-up

China Daily  

By Wang Keju| China Daily| Updated :2024-06-27 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, …

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

Nation vows to further deepen opening-up

China Daily  

By Wang Keju| China Daily| Updated :2024-06-27 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, …

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 eases int'l travel to meet outbound tourism demand
7 months ago

China eases int'l travel to meet outbound tourism demand

China Daily  

So far, China has reached agreements or arrangements to simplify visa procedures with over 40 countries and achieved comprehensive mutual visa exemption with more than 20 countries, including Thailand, Singapore, the Maldives, and the UAE. "The resumption of flights between the two countries is a major contributor to the spike in Chinese tourist arrivals," said Shi Bang, director of the …

China eases int'l travel to meet outbound tourism demand
7 months ago

China eases int'l travel to meet outbound tourism demand

China Daily  

So far, China has reached agreements or arrangements to simplify visa procedures with over 40 countries and achieved comprehensive mutual visa exemption with more than 20 countries, including Thailand, Singapore, the Maldives, and the UAE. "The resumption of flights between the two countries is a major contributor to the spike in Chinese tourist arrivals," said Shi Bang, director of the …

China eases int'l travel to meet outbound tourism demand
7 months ago

China eases int'l travel to meet outbound tourism demand

China Daily  

So far, China has reached agreements or arrangements to simplify visa procedures with over 40 countries and achieved comprehensive mutual visa exemption with more than 20 countries, including Thailand, Singapore, the Maldives, and the UAE. "The resumption of flights between the two countries is a major contributor to the spike in Chinese tourist arrivals," said Shi Bang, director of the …

Improving business environment to attract more foreign investment
7 months, 3 weeks ago

Improving business environment to attract more foreign investment

China Daily  

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. The State Council, China's Cabinet, in March issued an action plan aimed at attracting foreign investment by promoting high-level opening-up, which puts forward a practical policy framework for addressing specific problems faced by foreign-funded enterprises in China. The actual use of foreign …

Action plan to bolster foreign investment
8 months ago

Action plan to bolster foreign investment

China Daily  

JIN DING/CHINA DAILY China has taken pragmatic measures to expand market access, facilitate the flow of talent and scientific research resources, and align with international economic and trade rules as part of the country's efforts to create a favorable business environment and further open up its economy to global investors, officials and experts said. They made the comments after the …

Action plan to bolster foreign investment
8 months ago

Action plan to bolster foreign investment

China Daily  

JIN DING/CHINA DAILY China has taken pragmatic measures to expand market access, facilitate the flow of talent and scientific research resources, and align with international economic and trade rules as part of the country's efforts to create a favorable business environment and further open up its economy to global investors, officials and experts said. They made the comments after the …

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