China unveiled the 2025 version of the Catalogue of Encouraged Industries for Foreign Investment, outlining key measures to attract and use foreign capital with greater efforts.
The revised Foreign Trade Law will strengthen China's legal framework for high-level opening-up, promote high-quality trade growth, and enhance protection for businesses amid rising protectionism worldwide, experts and officials said.
The foreign trade of Zhejiang province maintained steady growth in the first 11 months of the year, with total imports and exports reaching 5.06 trillion yuan ($710 billion), up 5.3 percent year-on-year.
Wenzhou delivered strong performances in urban development during the 14th Five-Year Plan (2021–25), with its metropolitan area expanding to 304.13 square kilometers by the end of 2024, its permanent population reaching 9.85 million.
China plans to boost high-quality employment by fostering new industries, improving education systems, and strengthening worker protections to enhance public confidence in careers and ensure sustainable socioeconomic growth.
The central leadership of the Communist Party of China unveiled a sweeping plan on July 22 to deepen reform and modernize the country's governance system and capacity, detailing major initiatives to bolster high-level opening-up and self-reliance in science and technology.
China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector.
