China expands its high-level opening-up policy, increasing trade and foreign investment.

China is advancing its high-level opening-up policy, significantly impacting trade and foreign investment. Since 1949, its goods trade soared to $5.9 trillion, holding a global share of 12.4%, while service trade reached $933.1 billion. China has established 22 free-trade zones and signed 22 agreements with 29 nations. Foreign direct investment hit $163.3 billion, ensuring China's leading position, alongside a commitment to institutional reforms, including allowing wholly foreign-owned hospitals.

October 06, 2024
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