Top Meeting Emphasizes Open Markets and Stable Trade

Published on Jul 30, 2025.
Top Meeting Emphasizes Open Markets and Stable Trade

In a pivotal meeting held on Wednesday, the Political Bureau of the Communist Party of China Central Committee underscored the urgency of expanding high-level opening-up and stabilizing the fundamentals of foreign trade and foreign investment. This strategic dialogue aimed to boost confidence in China’s economy, as reported by the Xinhua News Agency.

The meeting closely examined the current economic landscape and outlined plans for the latter half of the year. It acknowledged that while China's development is confronted with profound and complex changes, including intertwined strategic opportunities and the rise of uncertainties, the economy remains supported by a stable foundation and notable resilience.

Priorities established during the meeting emphasized the importance of sustaining high-level opening-up to facilitate international trade and investment. Furthermore, it was noted that supporting foreign trade enterprises under pressure was critical, suggesting enhanced financing support and the promotion of integrated domestic and foreign trade.

In addition to these efforts, the meeting called for optimizing export tax rebate policies and the establishment of high-level open platforms such as free trade pilot zones to encourage international engagement.

Experts interpreted the meeting's resolutions as reaffirming China's strong commitment to maintaining a high-standard open market that is poised to elevate global confidence in its economy. Huang Bin, executive dean at Minzu University of China, highlighted that this commitment would play a crucial role in further attracting foreign investment.

China's economy displayed remarkable resilience in the first half of the year amidst significant external challenges, illustrating the effectiveness of its macroeconomic policies. Despite an environment of increasing global trade uncertainties, exports emerged as a vital growth driver, fueled by proactive measures taken in the face of economic challenges.

The latest figures indicate that China's total goods imports and exports reached 21.79 trillion yuan, equivalent to approximately 3.05 trillion dollars, in the first half of 2025—representing a 2.9 percent year-on-year increase. Notably, exports surged 7.2 percent during this period, reflective of the country’s ongoing efforts to strengthen its trade position.

In the context of a tightening global trade environment, stabilizing foreign trade fundamentals is increasingly dependent on advancing institutional reforms. Achieving a more transparent and market-oriented business climate will be essential for the next stage of China’s trade development, experts suggest.

As the global economic landscape grows more complex, foreign investors are favorably reassessing the Chinese market. Supported by a resilient economic performance in early 2025, there are key indicators pointing to an uptick in global confidence regarding China's economic prospects.

Between January and May, net foreign direct investment in China reached 31.1 billion dollars, marking a year-on-year increase of 16 percent, alongside a significant turnaround in the securities market. Furthermore, the Ministry of Commerce reported an establishment of over 30,000 new foreign-invested enterprises in the first half of 2025, signaling a continuing trend of positive foreign investment inflows.

TRADEECONOMIC POLICY

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