Title: China’s Opening-Up Policy Signals New Opportunities for Foreign Trade and Investment
In a recent large-scale media interview program, officials and industry leaders from China discussed the country’s foreign trade and investment development and the opportunities presented by its high-level opening to the outside world.
Zhu Bing, Director of the Department of Foreign Investment Management of the Ministry of Commerce, pointed out that despite fluctuations in the scale of attracting foreign investment due to various economic and non-economic factors, China’s attractiveness to foreign investors remains high. This was evidenced by the continued establishment of new foreign-invested enterprises, particularly in high-tech industries.
In the realm of foreign trade, Zhang Wei, Vice President of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, emphasized the resilience and strong growth demonstrated by China amidst a sluggish global economic recovery. Private enterprises have seen significant growth in exports, particularly in high-tech and high-value products.
Fang Xueyu, president of Hisense International Marketing Company, provided a glimpse into the success of Chinese foreign trade companies, citing examples of increased premium product sales and expansion into overseas markets.
The Chinese government’s recent series of policies and measures to stabilize foreign trade and investment have contributed to further solidifying China’s position as a major player in the global trade arena.
The political directives from the Central Committee and the Central Economic Work Conference have placed attracting foreign investment and stabilizing foreign trade as key priorities, reflecting a resolute commitment to high-level opening up. The deployment of 80 measures in the China (Shanghai) Pilot Free Trade Zone further demonstrates the country’s focus on institutional opening up to support high-quality development.
Ultimately, China’s opening-up strategy aims to cultivate new momentum and reassert its advantages in the global trade and investment landscape. As uncertainties persist in the global economic environment, China’s proactive measures serve to stabilize foreign trade and investment and create new opportunities for growth.
Overall, China’s high-level opening up initiative is not only a strong signal to foreign investors but also a testament to the country’s determination to lead in the global economy through innovation and stability.