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China to Enhance Opening-Up and Attract Foreign Investment by 2025

China is set to implement additional measures aimed at expanding its opening-up policies and attracting more foreign investment in 2025, as announced by the Ministry of Commerce (MOC) on Wednesday.

During a press conference, MOC official Li Yongsha emphasized the government’s commitment to easing market access for foreign investors.

“We are dedicated to creating a more welcoming environment for international businesses,” she stated.

Li highlighted that after China lifted all restrictions on foreign investment in its manufacturing sector last year, the focus will now shift to enhancing the services sector. This year, pilot programs will be introduced in key areas such as telecommunications, medical care, and education, marking a significant step towards broader economic integration.

In addition to these sector-specific initiatives, Li pledged ongoing efforts to optimize the business environment for foreign-invested firms. She reiterated the importance of the “Invest in China” campaign, which aims to bolster foreign investment through improved services and support.

Moreover, Li called for the establishment of high-level opening-up platforms that conform to international economic and trade standards. She stressed the need for continued enhancements in the quality and efficiency of China’s pilot free trade zones, which play a crucial role in facilitating foreign investment.

These initiatives reflect China’s broader strategy to foster a more open and competitive market, positioning the country as an attractive destination for global investors. As the government prepares to roll out these measures, it aims to strengthen its economic ties with the international community and drive sustainable growth in the coming years.

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