China poised to open up further

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The story "China poised to open up further" was covered 2 hours ago by The Star, a news publisher based in Malaysia.

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The Star 2h ago

China poised to open up further - The Star

Quick Summary:

CHINA will continue to relax market access, expand institutional openness and foster a more enabling business climate, in order to better attract and utilize foreign investment, especially in the face of rising global protectionism and escalating geopolitical tensions, officials and experts said on Wednesday.

In the first 11 months of 2024, more than 52,000 foreign-invested enterprises were newly established in China, a year-on-year increase of 8.9 percent and the highest level on record for the same period, according to the ministry.

According to a survey released by the German Chamber of Commerce in China in December, 92 percent of German companies intend to continue their operations in the country.