A forum organized by Haiwainet.cn, the official website for People’s Daily overseas edition, was held on June 28 (Thursday) to discuss China’s further opening up and the trend of globalization. Experts and scholars from various institutions and universities gathered to analyze the world situation, share their opinions and proposed suggestions.
China has published plans to further deepen reform and opening-up in pilot free trade zones (FTZs) of three coastal areas to improve the business environment and push for wider opening to the world.
Beginning July 1, China's average tariff rate on vehicles will be 13.8 percent, while that for auto parts will be 6 percent, lower than the average of developing economies and in line with China's reality.
With the start-up of its second ethylene cracker in south China this month, the cooperation between China National Offshore Oil Corporation (CNOOC) and Shell Petrochemical Company entered a new stage.
Four decades after its reform and opening-up, China retains its allure as a vast, growing market and an investment destination while becoming a big source of investment.
China's opening-up policy, which is already encouraging the world's big companies and investors to redraw their strategies, received a fresh burst of energy this month.
China's central bank governor on Wednesday fleshed out measures and disclosed a timetable to further open up the financial sector, signaling fast progress in implementing the country's opening-up promises.