During the 13th Five-Year Plan period, the focus will be on expanding market access and opening up in the service industry.
The State Council Information Office held a press briefing on March 7th, and relevant officials from the National Development and Reform Commission stated that the draft outline of the "Fifteenth Five-Year Plan" comprehensively elaborates on actively expanding independent opening up, enhancing the quality and level of trade and investment cooperation, building the "Belt and Road" initiative with high quality, and promoting the construction of a community with a shared future for mankind. They are committed to building a new system of a higher level open economy, sharing opportunities and co-developing with countries around the world. Chen Lei, Director of the Development Strategy and Planning Department of the National Development and Reform Commission, introduced that in recent years, China's level of opening up to the outside world has continued to rise, with the negative list for foreign investment access shrinking to 29 items, and foreign investment access restrictions in the manufacturing sector completely eliminated. Next, the focus will be on expanding market access and opening up in the service sector, promoting orderly expansion of opening up in sectors such as telecommunications, Internet, education, culture, and healthcare, advancing comprehensive pilot demonstrations of opening up the service sector, reducing the negative list for foreign investment access, and providing wider investment space for foreign enterprises in China. At the same time, various open highlands will be created. At the end of last year, Hainan Free Trade Port officially began island-wide closure operations, and during the "Fifteenth Five-Year Plan" period, the level of openness in key areas such as trade, investment, and factor flow will continue to be enhanced. The implementation of the free trade zone upgrading strategy will promote more pioneering initiatives in free trade pilot zones focusing on digital economy, technological innovation, and offshore trade in areas where conditions permit.
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