China is rolling out a major 24-measure action plan to attract global investors and supercharge its economic openness! The plan, announced by the State Council, aims to create a ‘first-class business environment’ by cutting red tape, expanding market access, and aligning rules with international standards.
Highlights include:
Shortening the ‘negative list’ of restricted sectors for foreign investors
Launching pilot programs in tech innovation to welcome overseas talent
Opening banking/insurance sectors wider to foreign financial institutions
Streamlining data flows for multinational companies’ operations
The blueprint also promises easier visa processes for international professionals and stronger support for key foreign-funded projects. With Shanghai’s Lujiazui financial hub (pictured) as a model, China aims to position itself as a must-watch destination for global capital in 2024 and beyond.
The plan, announced by the State Council, aims to create a ‘first-class business environment’ by cutting red tape, expanding market access, and aligning rules with international standards. 
Shortening the ‘negative list’ of restricted sectors for foreign investors
Launching pilot programs in tech innovation to welcome overseas talent
Opening banking/insurance sectors wider to foreign financial institutions
Streamlining data flows for multinational companies’ operations
With Shanghai’s Lujiazui financial hub (pictured) as a model, China aims to position itself as a must-watch destination for global capital in 2024 and beyond.
