Opening-up continues apace
7 months, 1 week 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 rules, with harmonized rules in opening-up the service sector, facilitating the flow of commodities, labor protection, government procurement, e-commerce, industrial subsidies, environmental standards, intellectual property protection and post-border management. In December 2023, the State Council issued the overall plan for comprehensively connecting with international high-standard economic and trade rules and promoting the high-level institutional opening-up of the China Pilot Free Trade Zone, which set out 80 measures across seven areas, including expanding opening in the service trade. The latest edition of China's negative list for foreign investment access includes 31 items and is expected to be further shortened, with all restrictions on the manufacturing sector removed.

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History of this topic

China's opening-up efforts yield fruitful results
4 weeks, 2 days ago

China's opening-up efforts yield fruitful results

China Daily  

english.gov.cn | Updated: Mar 3, 2025 In 2024, China expanded its high-level opening-up and achieved fruitful results. It rolled out the 2024 national negative list for foreign investment, lifting restrictions in the manufacturing industry, and expanded the opening-up of the healthcare sector and value-added telecom services. China also promoted the steady growth of foreign trade and the institutional opening-up of …

More measures in pipeline to expand opening-up
1 month, 1 week ago

More measures in pipeline to expand opening-up

China Daily  

The skyline of Beijing. In the action plan released on Feb 19 to stabilize foreign investment in 2025, China rolled out a series of measures to further expand opening-up. The plan encouraged the pilot regions to explain and implement policies concerning foreign access to value-added telecommunications services, biotechnology and entirely foreign-owned hospitals, and carry out dedicated services for foreign-related projects …

High-level opening-up ushers quality development in a new year
3 months ago

High-level opening-up ushers quality development in a new year

China Daily  

Workers sort pine nuts at a workshop in Meihekou, Jilin province, on Nov 13. In summary, the essence of advancing institutional opening-up lies in fully leveraging China's advantages, helping reform the global economic governance system and leading its development. The initiative strengthens multilateral cooperation, lifting institutional opening-up to new levels, thereby shaping a fairer and more reasonable and efficient global …

Tech opening-up key to Chinese modernization
3 months ago

Tech opening-up key to Chinese modernization

China Daily  

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

Tech opening-up key to Chinese modernization
3 months ago

Tech opening-up key to Chinese modernization

China Daily  

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

Expanding high-level opening-up benefits China and world
Trending News
3 months, 1 week 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 months, 1 week 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 brings opportunities for foreign enterprises and talents
4 months, 3 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 …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

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

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks 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 …

What to expect from China's new round of opening-up?
6 months, 3 weeks ago

What to expect from China's new round of opening-up?

China Daily  

The skyline of Beijing. Through the three phases of opening-up, China has emerged as an important driver of global growth, and, in particular, that of the Global South, bringing tangible benefits to many Global South countries. China's opening-up to the world has not only transformed itself, but has also brought economic and social changes to many Global South countries. Thanks …

Opening-up continues apace
7 months, 1 week 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 …

Institutional innovations in pilot FTZs shift China's opening up into higher gear
7 months, 1 week ago

Institutional innovations in pilot FTZs shift China's opening up into higher gear

China Daily  

A view of Lin-gang Special Area of China Pilot Free Trade Zone. BEIJING -- Over the past year, a slew of pioneering institutional innovations implemented in China's pilot free trade zones have formed a strong magnet for foreign investment, shifting the opening up process of the world's second-largest economy to a higher level. When HSBC, a multinational banking and financial …

Institutional opening-up for global integration
7 months, 3 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
7 months, 3 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
7 months, 3 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
7 months, 3 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 …

Country will open door wider as it remains committed to higher standard opening-up: China Daily editorial
8 months, 1 week 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
8 months, 2 weeks ago

China to continue pursuing high-standard opening-up

China Daily  

China will staunchly adhere to international economic and trade rules and steadily expand institutional opening-up, in order to develop new institutions for a higher-standard open economy and translate its vast market into a significant opportunity for the world, a senior official said on Friday. Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic …

Deeper reform drives modernization
8 months, 3 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
8 months, 3 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 …

Two-way financial opening-up to expand more this year
1 year ago

Two-way financial opening-up to expand more this year

China Daily  

Participants share a lighter moment at a roundtable on Asian financial market development and financial globalization during the Boao Forum for Asia Annual Conference 2024 on Friday. FENG YONGBIN/CHINA DAILY China will work to further expand its financial opening-up this year as part of its efforts to attract more foreign investment and bolster the world's second-largest economy, officials and experts …

China eyes higher-level opening-up through cooperative platform
1 year, 1 month ago

China eyes higher-level opening-up through cooperative platform

China Daily  

With a higher level of openness, China is playing an increasingly important role in promoting international cooperation and mutual benefits amid global headwinds, said experts on Friday. Against the backdrop of escalating geopolitical conflicts, rising protectionism, and unilateralism in the fragmented world economy, advancing cooperation and realizing mutual benefit through further opening up remains a key topic of discussion, said …

Officials say policy to further open up pilot FTZs a big step
1 year, 8 months ago

Officials say policy to further open up pilot FTZs a big step

China Daily  

China's new policy measures relating to free trade areas, which were announced on Thursday, will better leverage international and domestic markets as well as resources and promote high-quality development, senior officials said on Friday. Chen Chunjiang, assistant minister of commerce, said Shanghai, Beijing and Tianjin municipalities and Guangdong and Fujian provinces, as well as the Hainan Free Trade Port, will …

Officials say policy to further open up pilot FTZs a big step
1 year, 8 months ago

Officials say policy to further open up pilot FTZs a big step

China Daily  

China's new policy measures relating to free trade areas, which were announced on Thursday, will better leverage international and domestic markets as well as resources and promote high-quality development, senior officials said on Friday. Chen Chunjiang, assistant minister of commerce, said Shanghai, Beijing and Tianjin municipalities and Guangdong and Fujian provinces, as well as the Hainan Free Trade Port, will …

Explainer: What China's high-standard opening up brings to the world
2 years ago

Explainer: What China's high-standard opening up brings to the world

China Daily  

A containership is berthed at Tianjin Port's IoT-supported terminal. CONTRIBUTION TO WORLD ECONOMY As the world's second-largest economy with over 1.4 billion people, China, through wider opening up, has embraced others with an ultra-large consumer market and consistent resolve to boost common development for all, thus injecting confidence and certainty into the global economy. China's recovery from the COVID-19 pandemic …

Wider opening-up drives foreign trade and FDI growth
2 years 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 …

'1+6' talks highlight need for global unity
2 years, 3 months ago

'1+6' talks highlight need for global unity

China Daily  

Chinese Premier Li Keqiang attends the Seventh "1+6" Roundtable in Huangshan of East China's Anhui province December 9, 2022. Participants in the Seventh "1+6" Roundtable have agreed on the importance of working together and staying on the path of multilateral and international cooperation to address the many severe challenges facing the global economy today. The roundtable, held in Huangshan, Anhui …

Nation set to advance high-level opening-up
2 years, 5 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 …

Major MNCs see green space for development
3 years 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 …

Opening-up efforts set to bear new fruit
4 years, 2 months ago

Opening-up efforts set to bear new fruit

China Daily  

A cargo ship docks at Qinzhou Port in China-ASEAN Free Trade Area in Qinzhou, Guangxi Zhuang autonomous region, on July 11, 2020. China considers joining CPTPP in latest move to boost worldwide liberalization of trade China's signaling of its interest in joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership indicates the strong resolve of its top leadership to deepen …

China to promote higher-standard opening-up
4 years, 10 months ago

China to promote higher-standard opening-up

China Daily  

Containers are seen at the Yangshan Special Comprehensive Bonded Zone in Shanghai, east China, on March 18, 2020. In addition, the launch of new pilot free trade zones and integrated bonded areas in the central and western regions provides another arena for opening-up at a higher standard. Moreover, the newly established Yangshan Special Comprehensive Bonded Zone in Shanghai Free Trade …

Six new FTZs take opening to higher level
5 years, 7 months ago

Six new FTZs take opening to higher level

China Daily  

This bird's-eye view of Qingdao, East China's Shandong province, features the city at night. The six newly established free trade zones in China will further facilitate high-level opening-up and boost high-quality development through deeper reforms, the Ministry of Commerce said on Monday. In order to better serve the overall strategy, the six FTZs will tap into their geographical advantages to …

China vows to further open up, improve investment environment
5 years, 7 months ago

China vows to further open up, improve investment environment

China Daily  

BEIJING -- China's commerce ministry said Wednesday that the country would remain committed to opening-up, further liberalize investment and build an investment environment with international competitiveness. "China will provide more investment opportunities for multinational companies, and create an investment environment that is more stable, fair, transparent and predictable," Qian Keming, vice minister of commerce, told a press conference. Calling multinationals …

China vows to further open up, improve investment environment
5 years, 7 months ago

China vows to further open up, improve investment environment

China Daily  

BEIJING -- China's commerce ministry said Wednesday that the country would remain committed to opening-up, further liberalize investment and build an investment environment with international competitiveness. "China will provide more investment opportunities for multinational companies, and create an investment environment that is more stable, fair, transparent and predictable," Qian Keming, vice minister of commerce, told a press conference. Calling multinationals …

Promote China’s Sustainable Development with A New Round of Reform and Opening-Up
6 years, 1 month ago

Promote China’s Sustainable Development with A New Round of Reform and Opening-Up

China Daily  

Promote China’s Sustainable Development with A New Round of Reform and Opening-Up 2019-02-22 By Li Wei, DRC 2018-12-13 Marked by the Third Plenary Session of the Eleventh Party Central Committee in December 1978, China started its great course of reform and opening-up. The reform and opening-up has greatly strengthened China’s overall national strength and created a miracle in its economic …

Promote China’s Sustainable Development with A New Round of Reform and Opening-Up
6 years, 1 month ago

Promote China’s Sustainable Development with A New Round of Reform and Opening-Up

China Daily  

Promote China’s Sustainable Development with A New Round of Reform and Opening-Up 2019-02-22 By Li Wei, DRC 2018-12-13 Marked by the Third Plenary Session of the Eleventh Party Central Committee in December 1978, China started its great course of reform and opening-up. The reform and opening-up has greatly strengthened China’s overall national strength and created a miracle in its economic …

Chinese opening-up in tune with globalization
6 years, 2 months ago

Chinese opening-up in tune with globalization

China Daily  

The world has just joined with China in celebrating 40 years of its opening-up. The preparations for, and the follow-up to the epoch-making announcements of the Third Plenary Session of the 11th Communist Party of China Central Committee, could be used as a case study for globalization. It was around four years later, in 1983, that globalization, as the expansion …

China says will further open up its economy, slams rising protectionism
6 years, 4 months ago

China says will further open up its economy, slams rising protectionism

The Hindu  

Chinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions. Mr. Li's remarks in an article in Singapore's Straits Times newspaper, ahead of his arrival in the city-state later in the day, …

China's further opening-up to help maintain international trade system
6 years, 10 months ago

China's further opening-up to help maintain international trade system

China Daily  

An US cargo ship is seen at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on April 9, 2018. WASHINGTON - Amid rising trade tensions between the United States and its major trading partners, China's renewed pledge to further open up its market for free trade and investment will help maintain an open international trade system, a World …

Openness for Greater Prosperity, Innovation for a Better Future
6 years, 11 months ago

Openness for Greater Prosperity, Innovation for a Better Future

China Daily  

Keynote Speech by H.E. Xi Jinping President of the People's Republic of China At the Opening of the Boao Forum for Asia Annual Conference 2018 Boao, 10 April 2018 Your Excellencies Heads of State and Government, Heads of International Organizations, Ministers, Incumbent and Incoming Members of the Board of Directors of the Boao Forum for Asia, Distinguished Guests, Ladies and …

Opening-up to gather pace
7 years ago

Opening-up to gather pace

China Daily  

China will move faster to further open up on all fronts to gather new strength, including improving the structural layout, institutions and mechanisms in international economic cooperation, according to official statements delivered on March 5. The nation will continue to place equal emphasis on "bringing in and going global", and advance international cooperation under the Belt and Road Initiative, according …

FTZ simplifies process to launch businesses
7 years, 3 months ago

FTZ simplifies process to launch businesses

China Daily  

A business owner applies for a license at the Government Affairs Center of the Free Trade Zone of Pudong New District, Shanghai, on Nov 28. "A fool's errand," a woman named Song Min sighed with a forced smile, standing in the busy hall of the Government Affairs Center of the Free Trade Zone of Pudong New District, after finding all …

FTZ simplifies process to launch businesses
7 years, 3 months ago

FTZ simplifies process to launch businesses

China Daily  

A business owner applies for a license at the Government Affairs Center of the Free Trade Zone of Pudong New District, Shanghai, on Nov 28. "A fool's errand," a woman named Song Min sighed with a forced smile, standing in the busy hall of the Government Affairs Center of the Free Trade Zone of Pudong New District, after finding all …

China is 'open' to TTIP if it is open: Official
9 years, 1 month ago

China is 'open' to TTIP if it is open: Official

China Daily  

BEIJING - China "takes an open attitude" toward the Transatlantic Trade and Investment Partnership, a trade deal being negotiated between the European Union and the United States, so long as it is "open and transparent," a Chinese official said Wednesday. China has been paying attention to TTIP negotiations, and China takes an open attitude toward any free trade agreement on …

Free trade agreements that will transform China Inc[1]- Chinadaily.com.cn
9 years, 2 months ago

Free trade agreements that will transform China Inc[1]- Chinadaily.com.cn

China Daily  

Participants take part in a kimchi making event during the Seoul Kimchi Festival outside the city hall in Seoul. With FTAs with South Korea and Australia taking effect, Chinese firms seek to switch gears to compete globally China's free trade agreements with South Korea and Australia, which took effect last month, are expected to encourage struggling domestic manufacturers to further …

China aims to expand global FTA network
9 years, 3 months ago

China aims to expand global FTA network

China Daily  

BEIJING - China's State Council on Thursday released guidelines on accelerating implementation of its free trade agreement strategy, with an aim to gradually foster a global free trade network. The guidelines specified that the near-term goal of China's FTA strategy is to promote negotiations with neighboring countries and liberalize trade in existing free trade areas. In the longer term, China …

China initiates new round of reform and opening up[1]- Chinadaily.com.cn
9 years, 6 months ago

China initiates new round of reform and opening up[1]- Chinadaily.com.cn

China Daily  

BEIJING -- Trying to restart a slowing economic growth, China's President Xi Jinping has decided to deepen the reform and open up the country wider to the outside world. "China will stay strongly committed to deepening its reform on all fronts while opening still wider to the outside world," Xi told the Wall Street Journal in a written interview before …

New free trade zones on track to pilot reforms
10 years ago

New free trade zones on track to pilot reforms

China Daily  

BEIJING -- More than a year after the successful launch of the China Pilot Free Trade Zone, additional FTZs are preparing to open as China pursues reforms to invigorate the slowing economy. The Political Bureau of the Communist Party of China Central Committee on Tuesday approved plans for three experimental FTZs in Guangdong, Tianjin and Fujian, signaling a countdown to …

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