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 development and further deepen reform and opening-up. China's foreign trade faces pressure due to the restructuring of the global value chains, making the country's efforts to liberalize trade and facilitate investment increasingly important amid the growing trend of trade protectionism and "de-coupling" and "severing of industry and supply chains" in some economies. Stressing that the ultimate goal of promoting reforms and pursuing high-quality development is to meet people's need for a better life, the top leader said that reform measures must take into consideration the overall, fundamental and long-term interests of the people, including creating more new jobs, increasing people's incomes, improving the education, healthcare and housing sectors, and upgrading childcare and eldercare services. While China's efforts to expand opening-up and free trade have yielded positive results, the Belt and Road Initiative has three-quarters of the world's countries as partner economies, which has significantly boosted global trade and investment.

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History of this topic

Sino-US tech ties need deepening, not 'decoupling'
1 month, 1 week ago

Sino-US tech ties need deepening, not 'decoupling'

China Daily  

An American flag flies outside of the US Capitol dome in Washington, US, Jan 15, 2020. The new US president, with ample business experience and fewer political constraints, has the opportunity to shift away from the current administration's trial-and-error approach and adopt a more rational and pragmatic stance on China. A key assumption underpinning US restrictions on technology exchanges is …

Sino-US tech ties need deepening, not 'decoupling'
1 month, 1 week ago

Sino-US tech ties need deepening, not 'decoupling'

China Daily  

An American flag flies outside of the US Capitol dome in Washington, US, Jan 15, 2020. The new US president, with ample business experience and fewer political constraints, has the opportunity to shift away from the current administration's trial-and-error approach and adopt a more rational and pragmatic stance on China. A key assumption underpinning US restrictions on technology exchanges is …

China's Modernization: A Shared Prosperity for Developing Nations
2 months ago

China's Modernization: A Shared Prosperity for Developing Nations

China Daily  

China's modernization serves as an inspiration for developing nations, offering tangible opportunities for growth through its Belt and Road Initiative. The country prioritizes institutional openness, fostering foreign investment and protecting intellectual property. Collaboration within the BRI framework is strengthened, with plans to enhance connectivity and build a multidimensional network connecting countries along the Belt and Road. China's commitment to scientific …

China strives for global stability, prosperity
2 months, 3 weeks ago

China strives for global stability, prosperity

China Daily  

A Chinese knot installation with the logo of the 2024 Summit of the Forum on China-Africa Cooperation is seen near the China National Convention Center in Beijing on Sep 2, 2024. Yasir Habib Khan, president of the Institute of International Relations & Media Research in Pakistan, said that China's peaceful diplomacy is taking center stage in the international arena as …

China's green efforts to gain momentum
3 months, 2 weeks ago

China's green efforts to gain momentum

China Daily  

By ZHENG WANYIN in London | China Daily Global | Updated: 2024-09-05 09:47 A green building in the Shenzhen International Low-Carbon City in Guangdong province, is among those in the special area that use sustainable energy sources. Experts said China's efforts in promoting high-quality economic development and fostering new quality productive forces could further boost the nation's green transition. The …

China's green efforts to gain momentum
3 months, 2 weeks ago

China's green efforts to gain momentum

China Daily  

A green building in the Shenzhen International Low-Carbon City in Guangdong province, is among those in the special area that use sustainable energy sources. Experts said China's efforts in promoting high-quality economic development and fostering new quality productive forces could further boost the nation's green transition. The plenum's resolution described high-quality development as a "primary task "in building China into …

China's green efforts to gain momentum
3 months, 2 weeks ago

China's green efforts to gain momentum

China Daily  

A green building in the Shenzhen International Low-Carbon City in Guangdong province, is among those in the special area that use sustainable energy sources. Experts said China's efforts in promoting high-quality economic development and fostering new quality productive forces could further boost the nation's green transition. The plenum's resolution described high-quality development as a "primary task "in building China into …

China further relaxes foreign investment restrictions, vows to promote services trade
4 months ago

China further relaxes foreign investment restrictions, vows to promote services trade

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. BEIJING -- An executive meeting of the State Council, presided over by Premier Li Qiang on Monday, reviewed and approved four documents, discussed policy measures to support the high-quality development of innovative small and medium-sized enterprises, and approved five nuclear power projects. The meeting stressed that …

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 to realize national rejuvenation despite hurdles
4 months, 2 weeks ago

China to realize national rejuvenation despite hurdles

China Daily  

Skyscrapers border a lush green landscape in Shenzhen's central business district. The recently concluded third plenary session of the 20th Central Committee of the Communist Party of China charted the future course of China's development, which will also influence the development of the global economy. The resolution attaches great importance to high-quality development and new quality productive forces, because the …

China to realize national rejuvenation despite hurdles
4 months, 2 weeks ago

China to realize national rejuvenation despite hurdles

China Daily  

Skyscrapers border a lush green landscape in Shenzhen's central business district. The recently concluded third plenary session of the 20th Central Committee of the Communist Party of China charted the future course of China's development, which will also influence the development of the global economy. The resolution attaches great importance to high-quality development and new quality productive forces, because the …

Nation to implement steps for foreign trade growth
4 months, 3 weeks ago

Nation to implement steps for foreign trade growth

China Daily  

Amid rising protectionism and geopolitical risks, China will implement a series of measures in the second half of the year to sustain and enhance its positive foreign trade trajectory, customs officials said on Tuesday. Despite facing challenges such as unilateralism and the disruption of global supply chains, Lyu said that supported by the advantages of a vast domestic market and …

Third plenum highlights new reform blueprint and expanded global engagement
4 months, 4 weeks ago

Third plenum highlights new reform blueprint and expanded global engagement

China Daily  

The just-concluded third plenary session of the 20th Central Committee of the Communist Party of China serves as an essential window to observe China's efforts to promote high-quality development and further its high-level opening up, as well as showcasing Beijing's resolve to share its development dividends with the world, analysts said. "As the first delegation from the United States business …

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 …

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 …

Deeper reform drives modernization
5 months, 2 weeks 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, 2 weeks 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 …

Countries must be broad-minded so world can better tap potential of tech and green frontiers
5 months, 4 weeks ago

Countries must be broad-minded so world can better tap potential of tech and green frontiers

China Daily  

An aerial drone photo taken on June 24, 2024 shows the Dalian International Conference Center, venue of the 2024 Summer Davos, in Dalian, Northeast China's Liaoning province. The attention the world is paying to the three-day 15th Annual Meeting of the New Champions, also known as the Summer Davos, which opened in Dalian, Liaoning province, on Tuesday, reflects the international …

President calls for expanding imports from developing nations
6 months, 1 week ago

President calls for expanding imports from developing nations

China Daily  

President Xi Jinping delivers a video speech to the opening ceremony of the celebration for the 60th anniversary of the United Nations Conference on Trade and Development, June 12, 2024. President Xi Jinping said on Wednesday that China will actively seek to expand imports from other developing countries, step up cooperation in trade, investment and development, and help implement the …

China's reform efforts hailed by execs, experts
6 months, 3 weeks ago

China's reform efforts hailed by execs, experts

China Daily  

A staff member checks optoelectronics products at a tech firm in Kunshan, Jiangsu province, on May 15, 2024. "Deepening reforms, particularly institutional reforms, will help remove obstacles and difficulties hindering the development of new quality productive forces and promote optimal allocation and free flow of production factors including capital, technology and labor," said Liu Quanhong, director of the industrial and …

China committed to letting foreign businesses flourish
7 months ago

China committed to letting foreign businesses flourish

China Daily  

By Zhong Nan| chinadaily.com.cn| Updated :2024-05-24 A view of Beijing's CBD area. China remains steadfast in its commitment to maintaining high-level openness to international engagement and defending the lawful rights of all market participants, said the Ministry of Commerce on Thursday. "Foreign entities that comply with the law have no cause for concern," said He, stressing the Chinese government continues …

China committed to letting foreign businesses flourish
7 months ago

China committed to letting foreign businesses flourish

China Daily  

By Zhong Nan| chinadaily.com.cn| Updated :2024-05-24 A view of Beijing's CBD area. China remains steadfast in its commitment to maintaining high-level openness to international engagement and defending the lawful rights of all market participants, said the Ministry of Commerce on Thursday. "Foreign entities that comply with the law have no cause for concern," said He, stressing the Chinese government continues …

Reform and opening-up indispensable in pursuit of high-quality development
8 months, 3 weeks ago

Reform and opening-up indispensable in pursuit of high-quality development

China Daily  

A view of Shanghai's Lujiazui area in July 2021. Facing the unfavorable factors restricting high-quality development, and the bottlenecks and obstacles hindering economic recovery, the nation must further deepen reform and form a new type of production relations that are compatible with the development of new quality productive forces. Although economic globalization is currently encountering setbacks, with "decoupling" and "de-risking" …

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 introduces policies to stabilize foreign trade
1 year, 7 months ago

China introduces policies to stabilize foreign trade

China Daily  

An aerial view of Beibu Gulf Port in Qinzhou, Guangxi Zhuang autonomous region. China has introduced a series of policies to stabilize the scale of its foreign trade and improve its structure amid uncertain external demand, trade risks and other challenges, said the Ministry of Commerce on Sunday. To keep the foreign trade scale stable, the country will make efforts …

Measures set to strengthen foreign trade
1 year, 8 months ago

Measures set to strengthen foreign trade

China Daily  

chinadaily.com.cn| Updated :2023-04-24 Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the …

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 …

With enterprise and fortitude
2 years, 2 months ago

With enterprise and fortitude

China Daily  

Under the leadership of the CPC, China has made some momentous achievements over the past five years and sights are now being on the next set of goals LI MIN/CHINA DAILY Editor's notes: On the occasion of the opening of the 20th National Congress of the Communist Party of China, China Daily interviewed foreign dignitaries who have offered their thoughts …

With enterprise and fortitude
2 years, 2 months ago

With enterprise and fortitude

China Daily  

Under the leadership of the CPC, China has made some momentous achievements over the past five years and sights are now being on the next set of goals LI MIN/CHINA DAILY Editor's notes: On the occasion of the opening of the 20th National Congress of the Communist Party of China, China Daily interviewed foreign dignitaries who have offered their thoughts …

With enterprise and fortitude
2 years, 2 months ago

With enterprise and fortitude

China Daily  

Under the leadership of the CPC, China has made some momentous achievements over the past five years and sights are now being on the next set of goals LI MIN/CHINA DAILY Editor's notes: On the occasion of the opening of the 20th National Congress of the Communist Party of China, China Daily interviewed foreign dignitaries who have offered their thoughts …

With enterprise and fortitude
2 years, 2 months ago

With enterprise and fortitude

China Daily  

Under the leadership of the CPC, China has made some momentous achievements over the past five years and sights are now being on the next set of goals LI MIN/CHINA DAILY Editor's notes: On the occasion of the opening of the 20th National Congress of the Communist Party of China, China Daily interviewed foreign dignitaries who have offered their thoughts …

Nation set to advance high-level opening-up
2 years, 2 months ago

Nation set to advance high-level opening-up

China Daily  

China will release the sixth list of major foreign investment projects and further expand the 2022 industry catalog of sectors encouraging foreign investment as part of its latest efforts to advance high-level opening-up, a senior government official said on Monday. The moves are part of China's broader efforts to further unleash the potential of foreign investment while upholding true multilateralism …

More measures to help trade firms
2 years, 6 months ago

More measures to help trade firms

China Daily  

A freight train is ready to leave Jinhua, Zhejiang province, for Central Asian countries on Wednesday. Ministry assures steps to lower costs, improve profitability, spur novel formats The government will adopt more targeted measures to benefit China's foreign trade enterprises and ensure stable growth and higher quality trade, government officials said on Wednesday. Wang Shouwen, vice-minister of commerce who is …

More measures to help trade firms
2 years, 6 months ago

More measures to help trade firms

China Daily  

A freight train is ready to leave Jinhua, Zhejiang province, for Central Asian countries on Wednesday. Ministry assures steps to lower costs, improve profitability, spur novel formats The government will adopt more targeted measures to benefit China's foreign trade enterprises and ensure stable growth and higher quality trade, government officials said on Wednesday. Wang Shouwen, vice-minister of commerce who is …

Foreign trade to see focus on opening-up
3 years ago

Foreign trade to see focus on opening-up

China Daily  

China is expected to make strenuous efforts to promote high-quality development of foreign trade during the 14th Five-Year Plan period, which will pivot on high-level opening-up, innovation and green development, said government officials and trade experts. Ren Hongbin, vice-minister of commerce, said during an online news briefing on Wednesday that the 14th Five-Year Plan period is critical for China to …

Nation to help tackle more global tech issues, expert says
3 years, 10 months ago

Nation to help tackle more global tech issues, expert says

China Daily  

Xue Lan Seeking self-reliance in science and technology does not mean that China is decoupling from the world. Over the past four decades, China's scientific capability has seen tremendous progress, thanks to continuous reforms to remove barriers to innovation, integrating into the global innovation system by attracting foreign capital and working with global research institutions, and benefiting from a relatively …

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