China plans wider opening-up to attract foreign investment

Chinese officials and executives highlighted plans to ease market access and expand services sectors at a business conference ahead of an APEC trade meeting in Suzhou.

Government officials and business executives said on Thursday that China will remain a prime long-term destination for global investors. They cited the country's vast consumer market, deeper opening-up, and advances in digital and green technologies.

Li Chenggang, China international trade representative and vice-minister of commerce, spoke at the conference. He said the nation will continue easing market access beyond the negative list for foreign investors. China will also expand opening-up in services such as telecommunications, healthcare, and education.

Executives from 3M, Technimark, and Hyundai Motor Group outlined increased investment plans. High-tech industries accounted for 32.3 percent of foreign direct investment in China in 2025, according to the Ministry of Commerce.

The 32nd Asia-Pacific Economic Cooperation Ministers Responsible for Trade Meeting is scheduled for Friday and Saturday in Suzhou, Jiangsu province.

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Zhao Leji speaking at Boao Forum for Asia, vowing further opening-up amid international delegates.
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Zhao Leji vows further opening-up at Boao Forum

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Zhao Leji, chairman of China's National People's Congress Standing Committee, reaffirmed commitments to high-standard opening-up and domestic demand in a keynote speech Thursday at the Boao Forum for Asia Annual Conference 2026 plenary. The event in Boao, Hainan province, themed "Shaping a Shared Future: New Dynamics, New Opportunities, New Cooperation," drew over 1,600 representatives from more than 60 countries and regions.

At a news conference in Beijing, Liu Jieyi, spokesman for the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference, stated that China will deepen high-level opening-up and accelerate free trade zone development to stabilize economic growth amid rising global uncertainties. He highlighted that China's economy demonstrated 'remarkable resilience and vitality' over the past year despite a complex external environment.

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Shanghai's municipal government held a news conference to announce the start of the 2026 Shanghai Global Investment Promotion Conference on March 14, lasting a week. The event aims to enhance the business environment and government services to build stronger industrial chains. Officials and executives highlighted new platforms for emerging technologies to attract investments.

Building on priorities set at the December 2025 Central Economic Work Conference, the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) opened in Beijing on March 4, 2026, with President Xi Jinping in attendance. The fourth session of the 14th National People's Congress (NPC) convenes March 5-12 to deliberate the government work report and draft outline of the 15th Five-Year Plan (2026-2030). Spokesperson Lou Qinjian highlighted plans to expand opening-up, boost consumption, and advance sci-tech self-reliance amid ongoing economic pressures.

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Conflict in the Middle East and global turbulence following US-Israeli strikes against Iran have prompted foreign investors to seek certainty in China. Speakers at the China Development Forum highlighted this trend.

Hainan Free Trade Port has attracted 737 new foreign-funded enterprises in the 100 days since launching independent customs operations, up 33.5% year-on-year. The Hainan Provincial Department of Commerce reported 441 new firms and 4.05 billion yuan ($586 million) in utilized foreign investment in the first two months of 2026. Several international companies have established operations there.

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At the China Development Forum 2026 in Beijing, international experts praised China's 15th Five-Year Plan for offering clear direction to the global economy and highlighted its stability.

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