The recently-concluded two sessions in Beijing have delivered a clear signal about China's economic direction for 2026 and beyond. On the one hand, officials stress greater self-reliance, particularly in critical technologies and strategic industries. On the other, they reaffirm China's commitment to opening-up and to building a community...More

On Sunday, China's National Development and Reform Commission and the Ministry of Commerce released the Special Administrative Measures (Negative List) for Foreign Investment Access (2024 Edition). The total number of items on the negative list, or restricted sectors for foreign investment, has been reduced from 31 to 29,...More

Chinese President Xi Jinping described opening-up as China's "fundamental national policy" in a Monday speech, a statement that economists read as setting the tone for higher-standard opening-up despite rising US protectionism and its bid to squeeze Chinese high-tech companies. The focus on opening-up is indispensable for China to...More

Notwithstanding the uncertain outcome of the ongoing China-US trade talks, Beijing has initiated a new round of opening-up since last year. Opening-up policies in various fields have already been formulated and implemented. For instance, tariffs on imports such as automobiles have been significantly reduced, and Tesla's factory has...More

The Third Plenary Session of the 18th Central Committee of the Communist Party of China held in November 2013 examined a number of important issues regarding comprehensively deepening reform. The Communiqué adopted thereafter points out that the overall goal of comprehensively deepening reform was to improve and develop...More