Expanding high-level opening-up benefits China and world
Trending News
3 days, 17 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 the least developed countries. China's unilateral opening-up has been precisely promoted on the basis of various opening-up platforms established over the past years, rather than carried out in a casual manner. The country, which has applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Digital Economy Partnership Agreement, will establish more opening-up platforms and areas in light of the requirements of these partnerships to further expand its unilateral opening-up to prepare for joining these high-level multilateral agreements in the future.

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Expanding high-level opening-up benefits China and world
Trending News
3 days, 17 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, …

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 …

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, …

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 …

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 …

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 …

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 …

Efforts to draw more foreign investment
5 months ago

Efforts to draw more foreign investment

China Daily  

Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological …

Efforts to draw more foreign investment
5 months ago

Efforts to draw more foreign investment

China Daily  

Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological …

Efforts to draw more foreign investment
5 months ago

Efforts to draw more foreign investment

China Daily  

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 …

Deeper reform drives modernization
5 months, 1 week 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, 1 week 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 …

Shandong ramps up opening-up for high-quality growth
9 months, 1 week ago

Shandong ramps up opening-up for high-quality growth

China Daily  

Container ships sail into the harbor at the Qingdao Port of Shandong Port Group. The Government Work Report has highlighted "expanding high-level opening-up and promoting mutually beneficial cooperation" as a key task for stabilizing foreign trade and attracting foreign investment, which will help in overcoming various risks and challenges, stabilizing economic growth, and enhancing international competitiveness. The Shandong Province Overseas …

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 …

China eyes higher-level opening-up through cooperative platform
9 months, 3 weeks 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 …

Chinese market still cherished by foreign firms
1 year, 1 month ago

Chinese market still cherished by foreign firms

China Daily  

Visitors sample bread at the booth of Lesaffre at the sixth China International Import Expo in Shanghai. McKinsey Global Institute estimates that in 2020, 55 Chinese cities could be classified as high-income cities, covering 27 percent of China's population. The International Monetary Fund has raised its forecast for China's gross domestic product growth rate this year to 5.4 percent. Goldman …

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 …

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 …

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 vows to open its door wider to world
2 years, 5 months ago

China vows to open its door wider to world

China Daily  

Efforts to propel high-quality growth underpin commitment, experts say China's latest commitment to expanding high-level opening-up is expected to reassure foreign investors of the nation's promise to relentlessly open its door wider and share development dividends with the rest of the world despite the rising tide of protectionism in some countries. In a virtual keynote speech to the opening ceremony …

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 …

Country resolved to expand high-level opening-up
2 years, 9 months ago

Country resolved to expand high-level opening-up

China Daily  

Deputies to the National People's Congress attend the opening of the fifth session of the 13th NPC at the Great Hall of the People in Beijing on Saturday. The latest Government Work Report confirms China's unwavering determination to deepen reform and further expand high-level opening-up despite the complexity of the domestic and external situations. In the Government Work Report delivered …

Nation eases path for multinationals
3 years, 9 months ago

Nation eases path for multinationals

China Daily  

Overseas companies welcome new investment policies For multinational corporations grappling with the coronavirus pandemic, China emerged as a silver lining to their balance sheets last year. Initiatives launched French cosmetics giant L'Oreal, whose China headquarters is located in Shanghai, cited a number of initiatives launched by the local government that helped advance the company's development in the country and achieve …

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