（Source: China News Network 2024-12-19)
What will China’s economy do next year? The recently concluded Central Economic Work Conference identified nine key tasks. From an internal perspective, expanding domestic demand in an all-round way is the top priority. From an external perspective, expanding high-level opening up to the outside world and stabilizing foreign w88 and foreign investment are ranked fourth.
Whether it is expanding domestic demand or expanding opening up, these are major strategic decisions made by China in the face of changes in the external environment.
Economic globalization has encountered countercurrents, and the world's openness index has declined. Some people have implemented "high walls in small courtyards" and "decoupling and disconnection", but China's choice is to take openness to a higher level.
When deploying the task of expanding opening up, the Central Economic Work Conference used 5 expansions:
Expand high-level opening up;
Organically expand independent opening up and unilateral opening up;
Steady expansion of institutional opening;
Promote the quality and efficiency improvement of the free w88 pilot zone and expand the reform mandate;
Expand opening pilot projects in telecommunications, medical care, education and other fields.
These five expansions include both general statements and specific measures, showing a firm determination to open up.
China has always been unambiguous. For example, China has implemented visa exemption for 38 countries since the end of last year, and the visa-free stay period has been extended to 30 days. In the third quarter of this year, 4.885 million foreigners entered the country without visas, a year-on-year increase of 78.6%.
Sang Baichuan, dean of the Institute of International Economics at the w88 casino, told Sanlihe that expanding high-level opening up means that China will continue to firmly support economic globalization and inject certainty into world economic development through high-level opening up.
Sang Baichuan believes that the core of expanding high-level opening up to the outside world is institutional opening, with the focus being on enforcing high-standard international economic and w88 rules and establishing an open economic system. Through high-level opening up, institutional guarantees will be provided for the development of foreign w88 and foreign investment.
Currently, the threats of unilateralism and w88 protectionism have had a serious impact on the world economy. In the 20 years from 1995 to 2014, the growth rate of global w88 was more than twice the growth rate of global GDP. However, in the past 10 years, the growth rate of global w88 has been lower than the growth rate of global GDP.
In the face of difficulties and challenges, it is important and urgent to stabilize foreign w88 and foreign investment.
Sanlihe noted that foreign w88 is a highlight of China's economy this year, but some countries frequently impose w88 restrictions on Chinese products, putting pressure on the prospects for foreign w88 next year.
Looking at foreign investment, China's current attraction of foreign investment is fluctuating at a high level, and the stability of foreign investment is facing greater pressure.
Sang Baichuan believes that foreign w88 is an important driving force for China's economic growth, and its stability is related to the stability of the domestic economy. Committed to stabilizing foreign investment, we hope to embed deeply into the global division of labor system, close connections with international industrial chains, value chains and supply chains, promote the absorption of high-quality external factors, and drive the transformation, upgrading and high-quality development of China's economic structure.
Recently, China has introduced a series of measures to stabilize foreign w88 and foreign investment. The Central Economic Work Conference further clarified the road map, and steadily promoted the opening up of the service industry as one of the priorities.
Sang Baichuan believes that the key to stabilizing foreign w88 and foreign investment is to better utilize the functions of effective markets and promising governments through economic system reform, and create a good institutional environment. Through institutional reform, we will set high standards for economic and w88 rules, build a market-oriented, legal and international first-class business environment, and stimulate the vitality of foreign w88 enterprises. Through a series of macroeconomic policies, we promote the stable operation of the national economy and create a good macro environment for the stable development of foreign w88 and foreign investment.
There are headwinds outside, but China’s door is opening wider and wider. Wang Qing, chief macro analyst of Oriental Jincheng, believes that with the support of a series of measures to stabilize foreign w88, the impact of changes in the external environment on my country's foreign w88 in 2025 will be effectively controlled.
Original link: http://m.chinanews.com/wap/detail/zw/cj/2024/12-19/10339032.shtml
