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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.

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