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 improvement of the export control structure and commercial remedy system will ensure that developing countries' companies operating in China get greater legal security and face fewer commercial risks, the innovative promotion of service trade by fully applying the negative list for cross-border services trade and developing pilot zones for cross-border e-commerce will create new opportunities for companies providing services such as consulting, education and technology. Moreover, the Belt and Road Initiative provides a platform for multilateral cooperation in digital economy, artificial intelligence, energy and finance, which developing countries can use to create new opportunities in infrastructure and sustainable development projects. China's pursuit of high-standard opening-up offers many opportunities to other countries, including Brazil, to expand trade, invest in new fields, collaborate on development projects and strengthen economic relations between these countries and China.

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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 …

CHINADAILY EPAPER
Trending News
1 week ago

CHINADAILY EPAPER

China Daily  

The flags of China and its Macao Special Administrative Region flutter above a bustling street in the city on Saturday, ahead of the 25th anniversary of Macao's return to the motherland, which falls on Dec 20. Huang Taiming / For China Daily Opening-up to spur foreign trade growth China will continue to advance institutionalized opening-up, broaden market access for global …

Nation steps up efforts to bolster import and export growth
Trending News
2 weeks, 3 days ago

Nation steps up efforts to bolster import and export growth

China Daily  

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

Nation steps up efforts to bolster import and export growth
Trending News
2 weeks, 3 days ago

Nation steps up efforts to bolster import and export growth

China Daily  

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders
2 weeks, 4 days ago

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders

China Daily  

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders Xinhua Updated: Dec 05, 2024 BEIJING -- Transcending distances and national borders, the Black Friday shopping spree has become an extravaganza for both American and Chinese firms and consumers, thanks to the expansive reach of cross-border e-commerce. Online shopping on Nov 29, the first day of this year's Black …

Green is key to Sino-Brazilian collaboration
3 weeks ago

Green is key to Sino-Brazilian collaboration

China Daily  

Following the high-level meeting between President Xi Jinping and President of Brazil Luiz Inacio Lula da Silva during the G20 Summit, it is worth reflecting on the direction of the Sino-Brazilian relationship and the areas in which there could be deeper collaboration. Although Chinese companies are well established in Brazil's electricity sector, the logistics segment still lacks a business model …

Cross-border e-commerce growing in China
1 month, 1 week ago

Cross-border e-commerce growing in China

China Daily  

Having worked as a tech reporter for about a decade, I have witnessed firsthand the rapid growth of China's cross-border e-commerce platforms and how the country's consumers have shown increasing demand for premium imported and foreign-branded products in recent years. According to a report from Chinese e-commerce platform JD's Consumption and Industry Development Research Institute, imported brands, including mobile phones, …

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 …

Africa poised to leverage China's vast consumer market potential
2 months ago

Africa poised to leverage China's vast consumer market potential

China Daily  

By WANG KEJU | China Daily| Updated :2024-10-21 In a major effort aimed at deepening economic ties with Africa, China announced recently that it will grant duty-free access to 100 percent of products originating from 33 African countries. In 2009, the nation said it would provide 95 percent tariff-free access for products from the least developed African countries that have …

E-commerce enterprises punching above weight
3 months ago

E-commerce enterprises punching above weight

China Daily  

Livestreaming hosts promote sales at the 2023 China International Fair for Trade in Services in Beijing. The ongoing cross-border e-commerce surge in China is unlocking fresh growth opportunities for foreign trade, experts and executives said recently. They said there was a notable uptick in Customs-registered cross-border e-commerce enterprises from Chinese companies and a rise in funding, underscoring a dynamic landscape …

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

Foreign firms enthusiastic about opening-up progress

China Daily  

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

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

Foreign firms enthusiastic about opening-up progress

China Daily  

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

Cross-border e-commerce shows solid uptrend
3 months, 1 week ago

Cross-border e-commerce shows solid uptrend

China Daily  

Shoppers browse Shein's wedding pop-up and retail shop at Fashion Show Las Vegas in the United States in March. "Chinese consumers have shown rising purchasing demand for diversified, personalized and niche overseas products, and are attaching more importance to the value of the goods they buy," said Zhang Zhouping, a senior analyst who tracks business-to-business and cross-border activities at the …

Cross-border e-commerce shows solid uptrend
3 months, 1 week ago

Cross-border e-commerce shows solid uptrend

China Daily  

Shoppers browse Shein's wedding pop-up and retail shop at Fashion Show Las Vegas in the United States in March. "Chinese consumers have shown rising purchasing demand for diversified, personalized and niche overseas products, and are attaching more importance to the value of the goods they buy," said Zhang Zhouping, a senior analyst who tracks business-to-business and cross-border activities at the …

Opening-up continues apace
3 months, 3 weeks ago

Opening-up continues apace

China Daily  

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

Opening-up continues apace
3 months, 3 weeks ago

Opening-up continues apace

China Daily  

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

Steps to bolster service trade
4 months ago

Steps to bolster service trade

China Daily  

China Daily| Updated :2024-08-20 Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its …

Steps to bolster service trade
4 months ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

Steps to bolster service trade
4 months ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

Steps to bolster service trade
4 months ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

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

New institutions facilitate high-level opening-up

China Daily  

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

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

New institutions facilitate high-level opening-up

China Daily  

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

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'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 …

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 …

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

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

China Daily  

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

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 …

Role of digitalization in business grows
7 months, 1 week ago

Role of digitalization in business grows

China Daily  

SHI YU/CHINA DAILY China has set out a detailed action plan aimed at amplifying the integration of digital technologies in business practices nationwide by 2026, in a significant move to spearhead the digital transformation of its commercial sectors and drive the nation's opening-up. It also stressed the need to deepen international cooperation in digital commerce by expanding cooperation channels and …

Top Chinese official says green, high tech development key as nation seeks to spur economy
8 months, 3 weeks ago

Top Chinese official says green, high tech development key as nation seeks to spur economy

Associated Press  

BOAO, China — China is committed to reforms that will upgrade the technological level of its largely manufacturing-based economy and exploit green technologies expected to drive around $1.4 trillion in annual revenues, a senior Communist Party official said Thursday. “We sincerely welcome all countries to board the express train of China’s development and join hands to realize world modernization featuring …

Endowed with confidence
9 months, 1 week ago

Endowed with confidence

China Daily  

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

Two countries capitalizing on their complementary industrial structures
1 year ago

Two countries capitalizing on their complementary industrial structures

China Daily  

Customers shop at the ASEAN goods section of the 20th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 19. Growing trade between the two countries, advantageous tariff rates resulting from free trade agreements, enhanced international capacity cooperation and surging Chinese corporate investment in Vietnam are creating many more opportunities, they said. Amid a global economic slowdown and weakening …

Two countries capitalizing on their complementary industrial structures
1 year ago

Two countries capitalizing on their complementary industrial structures

China Daily  

Customers shop at the ASEAN goods section of the 20th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 19. Growing trade between the two countries, advantageous tariff rates resulting from free trade agreements, enhanced international capacity cooperation and surging Chinese corporate investment in Vietnam are creating many more opportunities, they said. Amid a global economic slowdown and weakening …

Chinese market still offers huge business opportunities
1 year, 3 months ago

Chinese market still offers huge business opportunities

China Daily  

Visitors shop for durians from Malaysia at the 20th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Saturday. No wonder some fruit dealers in the Southeast Asian country said that any new fruit trend in China may bring huge business opportunities. Retail sales of consumer goods in China rose 4.6 percent year-on-year in August, 2.1 percentage points faster than …

Foreign firms rosy on Chinese market
1 year, 3 months ago

Foreign firms rosy on Chinese market

China Daily  

Visitors interact with staff members of the embassy of Ghana in China on Sunday at a cultural event put up by countries involved in the Belt and Road Initiative during the 2023 China International Fair for Trade in Services in Beijing. ZOU HONG/ CHINA DAILY Confidence boosted by country's further opening-up of services sector President Xi Jinping's call to further …

China-Brazil trade, investment projects sail to brighter future
1 year, 8 months ago

China-Brazil trade, investment projects sail to brighter future

China Daily  

Visitors gather at the exhibition stand of Brazilian food during the fifth China International Import Expo in Shanghai on Nov 9. Agricultural products, minerals and petroleum have been pillars in the economic and trade cooperation between China and Brazil, said Zhou Zhiwei, executive director of the Center for Brazilian Studies at the Chinese Academy of Social Sciences. State Grid Corp …

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 …

Strategy offers opportunities for foreign firms
1 year, 10 months ago

Strategy offers opportunities for foreign firms

China Daily  

Visitors experience Qualcomm's extended reality devices during the fifth China International Import Expo in Shanghai in November, 2022. Global business leaders praise country's steps to foster innovation, technologies China's efforts to pursue self-reliance in crucial technologies will create opportunities for multinationals to thrive along with their Chinese counterparts, as a more innovative China can help buoy global economic recovery, stabilize …

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 …

China e-Commerce market ready for Canadian business
2 years, 2 months ago

China e-Commerce market ready for Canadian business

China Daily  

As China continues to rebound from COVID-19, the demand for Canadian-branded products is strong when they sell to the Chinese market through e-commerce platforms. Nicole Lin, business development country manager of Alibaba Group in Canada, said their services support Canadian brands and companies selling to China through cross border e-commerce. "As the world's largest e- commerce retail market, China's annual …

Qingdao cross-border e-commerce pilot zone performs well in assessment
2 years, 8 months ago

Qingdao cross-border e-commerce pilot zone performs well in assessment

China Daily  

Qingdao, Shandong province The Qingdao cross-border e-commerce pilot zone performed well in the Ministry of Commerce's assessment of cross-border e-commerce comprehensive pilot zones for 2021. In the first level, there were 10 cross-border e-commerce pilot zones identified, including the one in Qingdao. The Ministry of Commerce completed a thorough inspection and evaluation of the first five batches of 105 comprehensive …

Major MNCs see green space for development
2 years, 9 months ago

Major MNCs see green space for development

China Daily  

Guo Qing, managing director and vice-president of Embraer China A1 We strongly believe that China's high-level opening-up will foster continued growth in the aviation industry, bring important opportunities for our company and expand our industrial presence. In light of high-level opening-up, we hope very much to see policies to create a more level playing field for all players, which we …

Action taken to ensure foreign trade growth
2 years, 9 months ago

Action taken to ensure foreign trade growth

China Daily  

By LIU ZHIHUA in Beijing and HU MEIDONG in Fuzhou | CHINA DAILY | Updated: 2022-03-08 07:12 Containers are unloaded at Lianyungang Port, Jiangsu province. Yin, from Hubei Kingshan Lighting Electrico, said many of the measures, which are highly detailed, are expected to result in immediate and significant help for foreign trade enterprises facing numerous uncertainties and challenges. He said …

Bolder reforms to strengthen nation's market
2 years, 9 months ago

Bolder reforms to strengthen nation's market

China Daily  

Cargos are unloaded from a container ship at the container terminal of the Lianyungang Port in East China's Jiangsu province, on Jan 14, 2021. Execs, analysts, economists expect steps will benefit local and foreign biz China is poised to take bolder steps to accelerate building a strong and highly efficient domestic market, analysts and business executives said. "Strong leadership of …

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 …

BEST launches new logistics service
3 years, 1 month ago

BEST launches new logistics service

China Daily  

Trade between China and Southeast Asia continues to surge during COVID-19 As presales for the Double 11 shopping festival－China's most iconic annual online and offline shopping gala－have already kicked off in October, BEST Inc, a Hangzhou, Zhejiang province-based integrated supply chain and logistics solutions provider, has launched a cross-border logistics service to help consumers in Southeast Asian countries purchase goods …

China's new clearance system to help small exporters: media
3 years, 5 months ago

China's new clearance system to help small exporters: media

China Daily  

Workers load cross-border e-commerce packages at Huanghua International Airport in Changsha, Hunan province, on May 28, 2020. A new clearance system has been rolled out in China for cross-border business-to-business e-commerce since July 1, which could promote the "Made in China, sold on Amazon" business model well liked by Chinese merchants, South China Morning Post reported Tuesday. After applied in …

Xiamen cross-border e-commerce sees success
3 years, 8 months ago

Xiamen cross-border e-commerce sees success

China Daily  

The coastal city of Xiamen in East China's Fujian province has been ramping up efforts to enhance its competitiveness in cross-border e-commerce. The coastal city of Xiamen in East China's Fujian province has been ramping up efforts to enhance its competitiveness in cross-border e-commerce, aiming for the green and sustainable development of its entire foreign trade chain, according to a …

Cross-border e-commerce to propel Qingdao's foreign trade
4 years, 3 months ago

Cross-border e-commerce to propel Qingdao's foreign trade

China Daily  

The China-Japan-ROK Consumption Zone E-commerce Experience Center opened to the public on Aug 30 in the Qingdao West Coast New Area, which will serve to propel Qingdao's foreign trade sector. The new cross-border e-commerce platform is located in the Qingdao West Coast New Area Bonded Logistics Center, which is part of the Qingdao Area of the China Pilot Free Trade …

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