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China signals deeper push to expand high-standard opening-up

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China is sending strong signals that it will further expand high-standard opening-up to strengthen its economy and contribute to global growth, despite ongoing trade headwinds. At three major international fairs — the World Smart Industry Expo in Chongqing, the China International Fair for Investment and Trade in Xiamen, and the China International Fair for Trade in Services in Beijing — President Xi Jinping reiterated China’s commitment to liberalizing trade and investment, deepening reforms, and creating a fairer global economic system.

Over recent years, China has reduced restrictions on foreign investment, removed barriers in manufacturing, and expanded access to its service sector, drawing greater foreign participation. International investors, including J.P. Morgan Asset Management, highlighted China’s growing market vitality and business opportunities, while academics from Kyrgyzstan and Kenya emphasized Beijing’s role in promoting shared prosperity and giving equal rights to emerging economies.

The 2025 China Business Report by AmCham Shanghai further underscored rising optimism, showing that more than one-third of U.S. firms see improved policies toward foreign companies and over 40 percent expect further opening-up, even as concerns linger over U.S.-China tariffs. Analysts note that China’s large middle-income population, improved regulatory climate, and growing trade in services position it as a key driver of global economic stability and opportunity.

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