China is doubling down on its commitment to global economic collaboration, with President Xi Jinping championing a vision where 'only an open China can become a modern China.' 🚀 The China Council for the Promotion of International Trade (CCPIT) is leading the charge, bridging international businesses and fostering innovation in trade. Here’s the scoop:
📊 Trade Boom: Despite global economic headwinds, China’s foreign investment surged this year, with tech-driven sectors seeing a 3.9% jump in high-quality projects. Multinational giants like Starbucks and Tesla are expanding their footprints, while over 300 firms signed up for the inaugural China International Supply Chain Expo.
🌏 Belt and Road Breakthroughs: A decade since its launch, the Belt and Road Initiative (BRI) has linked 152 countries with projects like the Jakarta-Bandung High-Speed Rail. Trade with BRI partners grew 7.4% this year, and new collaborations—like the China-Honduras entrepreneur forum—are unlocking fresh opportunities.
🤝 CCPIT’s Playbook: From resolving 1,260 foreign business queries to organizing global summits in Riyadh and Central Asia, the CCPIT is turbocharging cross-border ties. Their focus? Ensuring supply chains stay robust and investment flows smoothly—proving that teamwork truly makes the dream work. 💼✨
Reference(s):
Decoding China: Writing a new chapter of high-standard opening-up
cgtn.com