Hainan Province in south China is the country’s second-largest island and the largest free trade port by area.It has entered a historic phase in China’s drive to promote high-level institutional opening up.On 18 Dec...Hainan Province in south China is the country’s second-largest island and the largest free trade port by area.It has entered a historic phase in China’s drive to promote high-level institutional opening up.On 18 December 2025,Hainan officially launched island-wide special customs operations,commonly referred to as“customs closure.”From that date,goods entering or leaving the island,except those traded with the Chinese mainland,are subject to simplified customs procedures and potentially reduced or zero tariffs.展开更多
Beijing’s Demonstration of Trade in Services Outlook Weekly Issue 31,2025 To be better aligned with international rules in key industries,Beijing has accelerated efforts to foster a world-class business environment a...Beijing’s Demonstration of Trade in Services Outlook Weekly Issue 31,2025 To be better aligned with international rules in key industries,Beijing has accelerated efforts to foster a world-class business environment and promote high-level opening up.Beijing’s open economy saw its resilience and vitality steadily intensify over the past five years.The actual use of foreign investment reached US$66.2 billion,of which the proportion of the service industry accounted for over 90 percent.The scale of its trade in services remains among the top three in China,realizing an average annual growth rate of 9.4 percent since 2021.展开更多
Singapore is an important and close neighbor of China.Over a long period of time,this set of bilateral relations has stayed at the forefront of cooperation between China and ASEAN countries.Since the launch of the Suz...Singapore is an important and close neighbor of China.Over a long period of time,this set of bilateral relations has stayed at the forefront of cooperation between China and ASEAN countries.Since the launch of the Suzhou Industrial Park(SIP)and other projects,cooperation between the two countries has continuously improved in both quantity and quality.China’s high-level opening up has continuously fostered regional synergies and injected new impetus into bilateral cooperation.In recent years,China-Singapore cooperation has deepened across multiple dimensions,from high-level governmental engagement and strategic alignment to grassroots initiatives such as social partnerships and personnel exchanges.展开更多
Yuzhong District is where the city of Chongqing first originated.It opened a window to the world for the locals while serving as the city’s lounge receiving visitors from around the globe.Yuzhong is now a central hub...Yuzhong District is where the city of Chongqing first originated.It opened a window to the world for the locals while serving as the city’s lounge receiving visitors from around the globe.Yuzhong is now a central hub for implementing the China-Singapore(Chongqing)Demonstration Initiative on Strategic Connectivity,also known as China-Singapore(Chongqing)Connectivity Initiative(CCI),striving to leverage the important role of the CCI platform to promote high-level and innovation-driven opening-up from a high starting point.With focus on developing modern connectivity and the service industry,the district government has prioritized key areas such as commerce,finance,information,communications,healthcare,education.展开更多
CHINA FOREX:What are the priorities for the Current Account Management Department in 2025?LIU Bin:As China continues to deepen its global integration,cross-border economic activities and personnel exchanges have signi...CHINA FOREX:What are the priorities for the Current Account Management Department in 2025?LIU Bin:As China continues to deepen its global integration,cross-border economic activities and personnel exchanges have significantly intensified.The Current Account Management Department remains committed to its public service mandate,enhancing fund settlement efficiency while ensuring compliant foreign exchange services for businesses and individuals.展开更多
文摘Hainan Province in south China is the country’s second-largest island and the largest free trade port by area.It has entered a historic phase in China’s drive to promote high-level institutional opening up.On 18 December 2025,Hainan officially launched island-wide special customs operations,commonly referred to as“customs closure.”From that date,goods entering or leaving the island,except those traded with the Chinese mainland,are subject to simplified customs procedures and potentially reduced or zero tariffs.
文摘Beijing’s Demonstration of Trade in Services Outlook Weekly Issue 31,2025 To be better aligned with international rules in key industries,Beijing has accelerated efforts to foster a world-class business environment and promote high-level opening up.Beijing’s open economy saw its resilience and vitality steadily intensify over the past five years.The actual use of foreign investment reached US$66.2 billion,of which the proportion of the service industry accounted for over 90 percent.The scale of its trade in services remains among the top three in China,realizing an average annual growth rate of 9.4 percent since 2021.
文摘Singapore is an important and close neighbor of China.Over a long period of time,this set of bilateral relations has stayed at the forefront of cooperation between China and ASEAN countries.Since the launch of the Suzhou Industrial Park(SIP)and other projects,cooperation between the two countries has continuously improved in both quantity and quality.China’s high-level opening up has continuously fostered regional synergies and injected new impetus into bilateral cooperation.In recent years,China-Singapore cooperation has deepened across multiple dimensions,from high-level governmental engagement and strategic alignment to grassroots initiatives such as social partnerships and personnel exchanges.
文摘Yuzhong District is where the city of Chongqing first originated.It opened a window to the world for the locals while serving as the city’s lounge receiving visitors from around the globe.Yuzhong is now a central hub for implementing the China-Singapore(Chongqing)Demonstration Initiative on Strategic Connectivity,also known as China-Singapore(Chongqing)Connectivity Initiative(CCI),striving to leverage the important role of the CCI platform to promote high-level and innovation-driven opening-up from a high starting point.With focus on developing modern connectivity and the service industry,the district government has prioritized key areas such as commerce,finance,information,communications,healthcare,education.
文摘CHINA FOREX:What are the priorities for the Current Account Management Department in 2025?LIU Bin:As China continues to deepen its global integration,cross-border economic activities and personnel exchanges have significantly intensified.The Current Account Management Department remains committed to its public service mandate,enhancing fund settlement efficiency while ensuring compliant foreign exchange services for businesses and individuals.
