MA XUEJING/CHINA DAILY China is accelerating a deeper phase of financial opening-up, shifting beyond market access toward a new era of “institutional opening” anchored in global standards for rules, regulation, governance and financial infrastructure. This is a transformation that is expected to strengthen the country’s modern financial system while equipping banks to better support Chinese…
China’s financial market opening advanced markedly during the 14th Five-Year Plan period (2021-25). Financial institutions made notable strides in attracting foreign capital and expanding their global presence, while capital market connectivity mechanisms deepened and China’s influence in global financial markets continued to grow. These achievements stem from a steady and gradual approach to opening-up, stronger…
Staff members work on a production line at a workshop of Changan Mazda in Nanjing, East China’s Jiangsu province, March 17, 2026. [Photo/Xinhua] China will step up efforts to improve its fiscal and monetary policy in order to boost domestic consumption and enhance people’s well-being, as the country accelerates toward becoming a major hub of…
Premier Li Qiang shakes hands with Dilma Rousseff, president of the New Development Bank, when greeting participants and business leaders before the opening ceremony of the China Development Forum 2026 in Beijing on Sunday. WANG ZHUANGFEI / CHINA DAILY Beijing has called for opening-up and technological progress to drive new market growth, in order to…
BEIJING — China’s fiscal policy will place greater emphasis on openness and shared benefits over the next five years, allowing countries worldwide to share in its development opportunities, Minister of Finance Lan Fo’an said on Sunday. Against a backdrop of subdued global economic momentum, China will pursue a proactive fiscal policy at home while strengthening…
Anta’s Olympic series sports products on display at a museum in Jinjiang, Fujian province on Aug 22, 2024. [Photo/Xinhua] To understand how China plans to unlock domestic demand in the years ahead, look no further than a single city’s playbook unfolding in Beijing. Launched on March 15 and running for one month, the “Super Jinjiang,…
BEIJING — During the 15th Five-Year Plan period (2026-30), China will unswervingly expand high-level opening up and promote high-quality development, which will create wider market opportunities for multinational corporations, Chinese Vice-Premier He Lifeng said in Beijing on Saturday. He, also a member of the Political Bureau of the Communist Party of China Central Committee, made…
China’s A-share market is at a critical turning point as recovering economic fundamentals and fresh capital inflows drive a shift from zero-sum game toward incremental allocation, with a more resilient and stable capital market ecosystem taking shape, according to participants at a CITIC Securities forum. China has set its 2026 GDP growth target at 4.5…
China released a draft of its first fundamental law governing the financial sector on Friday, offering a top-level legal framework for the entire sector and marking a key step toward building a financial powerhouse. The draft financial law, jointly issued by the Ministry of Justice, the People’s Bank of China and other top financial regulators,…
A series of dialogues between CEOs of multinational corporations and senior officials of Beijing took place on Friday, setting the stage for a new model of future cities. During the event, Beijing Mayor Yin Yong said: “Over the past five years, the number of foreign-invested enterprises in Beijing has increased by more than 9,000, and…