AI

China's opening-up efforts yield fruitful results

Mar 11, 2025 IDOPRESS

BEIJING,March 10,2025 -- A news report fromchinadaily.com.cn:

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. Last year,59,080 new foreign-invested firms were established in the country,witnessing a 9.9 percent year-on-year growth.

China also promoted the steady growth of foreign trade and the institutional opening-up of trade in services,with the total import and export volume in 2024 reaching 43.85 trillion yuan,a year-on-year increase of 5 percent.

The country relaxed its visa-free transit policy,expanded unilateral visa-free entry,and facilitated accommodation and payment services for foreign visitors. In 2024,20.12 million foreign nationals entered China visa-free,up 112.3 percent year-on-year.

In 2025,China will continue to build high-level opening-up platforms that align with high-standard international economic and trade rules and share its development opportunities with the world.

English Morning News: a global comprehensive News Website in Europe and the United States. The site focuses on reporting public affairs, regional news and corporate news and announcements, which provides the public with comprehensive and inclusive information.

Quick Search

English Morning News: Your Source for Regional News and Corporate

© English Morning News

Privacy Policy