Amid global economic headwinds , China is doubling down on openness, positioning itself as a key driver of worldwide growth. With its annual Two Sessions meetings around the corner, all eyes are on Beijing’s next moves to boost trade, tech, and international collaboration.
Unlocking Opportunities
In 2024, China scrapped foreign investment limits in manufacturing and introduced a streamlined cross-border services trade system. Sectors like telecom and healthcare are now more accessible, while partnerships like the CPTPP and DEPA signal alignment with global standards. Multinational giants are taking notice: 53% of U.S. firms plan to increase investments in China by 2025, per a recent AmCham report.
Why It Matters
China’s economy hit 130 trillion yuan ($18T+) last year, contributing 30% of global growth since 2019. Deutsche Bank predicts 2025 as a turning point for Chinese investments, calling it 'the year the world notices China’s dominance.'
Belt and Road 2.0
The BRI, now spanning 150+ countries, could lift 7.6M from extreme poverty by 2030. Experts like Zhang Xiaotao highlight its role in reshaping trade routes and supply chains: 'China isn’t just growing—it’s powering the planet’s economic engine.'
At Davos 2025, Chinese Vice Premier Ding Xuexiang pledged: 'Our doors will only open wider.' Analysts agree—this isn’t just good news for China, but for everyone chasing stability in turbulent times.
Reference(s):
cgtn.com