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 advancements are strong incentives for foreign businesses seeking opportunities to expand their market share, experts and executives said at a recent meeting, while cautioning that the global landscape presents a complex set of circumstances that hinders the inflow of foreign capital into China. In the first five months of this year, China's manufacturing sector attracted 117.1 billion yuan in actual foreign investment, up 2.8 percentage points year-on-year, with high-tech manufacturing accounting for 50.41 billion yuan, a 2.7 percentage point increase year-on-year, according to the ministry. Following the complete removal of market access restrictions on foreign investment in the manufacturing sector, the focus of China's efforts has now shifted toward opening up sectors such as telecommunications, healthcare and other service industries, experts said.

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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  

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
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 …

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, …

CIIE showcases nation's enormous market potential
1 month 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 pivotal to MNCs' global biz strategy
Trending News
1 month ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors experience lens products from German optical systems company ZEISS Group at its booth during the seventh CIIE in Shanghai on Nov 9. Highlighting that this grand event has established itself as a premier venue for global product debuts for seven years, Arnold Li, senior vice-president of Ingersoll Rand Inc, a US industrial goods manufacturer and seven-time participant at the …

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, …

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 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 …

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 …

Revised Rules Ease Foreign Strategic Investment in Listed Firms in China
1 month, 2 weeks ago

Revised Rules Ease Foreign Strategic Investment in Listed Firms in China

China Daily  

Chinese authorities have revised rules to ease foreign strategic investment in listed firms. The revised rules allow foreign natural persons to make strategic investment in listed companies, including tender offers and share placements. The capital requirement is also lowered for foreign investors that do not become the controlling shareholders in listed firms. The new rules also ease requirements on the …

Foreign Firms Embracing China's Openness: A Strategic Playground for Investment
1 month, 3 weeks ago

Foreign Firms Embracing China's Openness: A Strategic Playground for Investment

China Daily  

Foreign companies are expressing strong interest in investing in China, with 90% of surveyed firms rating the business environment as satisfactory or higher. The country's economic growth and institutional openness are key drivers of this interest, with foreign companies planning to increase their investment in China by 2.07 percentage points from the previous quarter. The primary areas of investment include …

China Embraces Foreign Investment in Telecoms, Boosting Market Competition and Digital Development
1 month, 3 weeks ago

China Embraces Foreign Investment in Telecoms, Boosting Market Competition and Digital Development

China Daily  

China launches a pilot project to open up value-added telecommunication services to the outside world, allowing foreign capital to operate telecom services such as internet data centers. This move is intended to stimulate market competition and share China's digital development opportunities with other countries.

Trade, opening-up surging over years
2 months, 3 weeks 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
2 months, 3 weeks 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, 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 …

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial
3 months, 1 week ago

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial

China Daily  

There have been positive signs of improving China-India economic relations recently, as evidenced by Indian officials talking about easing restrictions on Chinese investment, and New Delhi making moves to expedite visa approvals for Chinese technicians. The seeming softening of attitude by New Delhi toward Chinese investment may have been made out of expediency, as declining foreign investment is likely to …

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 promises greater market openness in emerging industries
3 months, 3 weeks ago

China promises greater market openness in emerging industries

China Daily  

A robot inspects operations at a net-zero emissions data center in Haidong, Qinghai province, in March. BEIJING -- China is set to remove more entry barriers in emerging industries by leveraging special policy tools to facilitate the application of new technologies, the country's top economic planner said Friday. Pilot programs will be implemented in key areas to spearhead this effort, …

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, …

Nation to incentivize foreign investors
4 months 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, …

German firms vow to invest more in China
4 months ago

German firms vow to invest more in China

China Daily  

A view of the booth of Bosch during an expo in Shenzhen, Guangdong province. CHINA DAILY German companies are determined to ramp up investment in China, motivated by the country's heightened focus on expanding market openness and fast-growing industries, said business executives and market watchers. Xu Daquan, president of Bosch Investment Ltd, a country branch of German industrial conglomerate Bosch …

Nation to incentivize foreign investors
4 months 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. …

German firms vow to invest more in China
4 months ago

German firms vow to invest more in China

China Daily  

A view of the booth of Bosch during an expo in Shenzhen, Guangdong province. CHINA DAILY German companies are determined to ramp up investment in China, motivated by the country's heightened focus on expanding market openness and fast-growing industries, said business executives and market watchers. Xu Daquan, president of Bosch Investment Ltd, a country branch of German industrial conglomerate Bosch …

Foreign investors pull record money from China. Here's why
4 months, 1 week ago

Foreign investors pull record money from China. Here's why

Hindustan Times  

Foreign investors pulled a record amount of money from China last quarter, likely reflecting deep pessimism about the world’s second-largest economy. China’s direct investment liabilities in its balance of payments dropped almost $15 billion in the April-June period, marking only the second time this figure has turned negative, according to data from the State Administration of Foreign Exchange released Friday. …

Economic reforms help foreign firms better develop
4 months, 1 week ago

Economic reforms help foreign firms better develop

China Daily  

Photo taken on July 29, 2022, shows buildings on both sides of the Huangpu River in Shanghai. China's deepening economic reforms and faster pace of innovation will create a more vibrant market for foreign companies to grow in the country, said a top executive of a leading global consumer information company. Tracey Massey, chief operating officer of NielsenIQ, said that …

Qingdao vows to create more opportunities for investors
4 months, 2 weeks ago

Qingdao vows to create more opportunities for investors

China Daily  

Qingdao aims to further optimize the foreign investment environment. Qingdao in Shandong province introduced 24 measures on Aug 1, which aimed at further optimizing the foreign investment environment and attracting more foreign investment to Qingdao. The 24 measures focus on promoting a higher level of openness, improving the quality of foreign investment utilization, strengthening policy element guarantees, promoting technological innovation …

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 …

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 …

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  

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
5 months, 2 weeks 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
5 months, 3 weeks 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 …

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 …

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