China has announced the 2025 Foreign Investment Stabilization Action Plan, reaffirming its strong commitment to its policy of high-level openness. This plan aims to create new opportunities for foreign investors while increasing confidence in investing and operating in China.
China will launch new pilot projects for foreign investors in sectors such as telecommunications, healthcare, and education. Additionally, the plan includes lifting all foreign investment restrictions in the manufacturing sector and gradually opening up the biotechnology industry. By the end of 2024, 2,343 foreign companies had been granted permission to provide telecommunications services in China, offering consumers more choices.
Under this action plan, the list of key foreign investment projects will be expanded, local product standards in government procurement will be clarified, and trade processes will be streamlined. Furthermore, the unilateral visa exemption policy will be extended, making it easier for businesspeople from more countries to enter China. China is not only opening up its markets and products but also aligning with global standards in governance, regulations, and management, aiming for a deeper level of openness. Experts believe this approach will accelerate the transformation of local industries and enhance China’s global competitiveness.
With its vast domestic market, strong industrial supply chain, and innovation-friendly environment, China remains an attractive destination for foreign investors. Direct investments from the UK, South Korea, the Netherlands, and Japan have seen double-digit growth, while investments from Belt and Road Initiative countries have also surged. Foreign companies in China are setting up R&D centers and forming new collaborations to seize growth opportunities.
These new measures highlight China’s determination to play a stronger role in the global economy and attract foreign investment.
https://world.gmw.cn/2025-02/23/content_37865335.htm