China is committed to an openness policy as a key hallmark of its modernization. President Xi Jinping stated, “Openness is a powerful force for advancing human civilization and the only path to global prosperity,” emphasizing China’s strategy to expand its high-level openness to support economic and social development on the international stage. The Central Economic Work Conference endorses comprehensive reforms and measures to stabilize foreign trade and investment.
China’s independent and unilateral opening-up policies have bolstered its international trade network. The surge in inbound tourism during the Spring Festival has significantly increased the number of foreign visitors. By offering visa-free entry to 26 countries and streamlining customs procedures, China has taken decisive steps to enhance global cooperation. These developments have also paved the way for further progress under the Belt and Road Initiative.
In addition, China has expanded its free trade agreements in line with high international standards to improve the quality and efficiency of trade. For instance, the free trade agreement with the Maldives, which has eliminated tariffs on imported products, has contributed to promoting domestic production. With policies supporting the growth of digital and green trade, China aims to boost its global competitiveness while creating a predictable and reliable business environment for investors.
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