![\"\"](\"https:\/\/chinaobserver.pk\/wp-content\/uploads\/2026\/03\/Picture2-13-1024x682.jpg\")
Its partnership network has grown increasingly\u00a0diverse. The country recorded trade growth with more than 190 countries and regions and the number of newly established foreign-invested enterprises rose by 19.1 percent.<\/p>\n
“Made in China” products maintain\u00a0globally popularity,\u00a0with high-tech exports increasing by 13.2 percent. Exports of “new trio” products\u00a0— electric vehicles, lithium-ion batteries, and photovoltaic products\u00a0— surged\u00a0by 27.1 percent.<\/p>\n
Knowledge-intensive service trade demonstrated\u00a0steady growth, while travel service exports\u00a0expanded rapidly. Inbound tourist visits rose by 17.1 percent, and visa-free facilitation has made “China travel” a global trend.<\/p>\n
Through the efficient flow\u00a0of commodities, personnel and information, China continues to share\u00a0its\u00a0development opportunities with the world.<\/p>\n China’s institutional opening up has steadily enhanced the quality of its engagement.\u00a0From the launch of island-wide special\u00a0customs operations at the Hainan Free Trade Port to futher efforts to enhance\u00a0institutional opening\u00a0up in pilot free trade zones, a series of measures has effectively fostered a new system for a higher-standard\u00a0open economy.<\/p>\n A market-oriented, law-based and internationalized business environment, and a transparent, stable and predictable institutional framework, have become key pillars that underpin the continued confidence of\u00a0foreign companies and investors in China. A recent report by KPMG shows that 94 percent of multinational corporations intend\u00a0to keep\u00a0investing in the Chinese market.<\/p>\n China’s opening up is increasingly generating strong momentum for the world.<\/p>\n A national exhibition matrix, including the China International Import Expo, the China Import and Export Fair, the China International Fair for Trade in Services and the China International Consumer Products Expo, has taken shape, linking global demand and facilitating international cooperation.<\/p>\n High-quality Belt and Road cooperation continues to deepen and deliver tangible\u00a0results: Kenya’s Konza Technopolis, dubbed African Silicon Savannah, is rising rapidly and is expected to accelerate the country’s digital transformation; Luban Workshop, a Chinese vocational workshop program training talents overseas, have\u00a0seen their\u00a0teaching standards\u00a0integrated\u00a0into Nicaragua’s national vocational education system and promoted across the country. The China-Laos Railway has achieved remarkable progress\u00a0in cultivating local talent, with local employees accounting for more than 67 percent of the workforce on the Laos section.<\/p>\n “Hard connectivity,” “soft connectivity” and “people-to-people connectivity” are moving forward\u00a0in parallel, comprehensively improving the quality and effectiveness of practical cooperation and injecting strong impetus\u00a0into common development.<\/p>\n With new plans laid out\u00a0in the opening year of the 15th Five-Year Plan period (2026-2030), China\u00a0will advance\u00a0high-level opening up with\u00a0even richer substance.<\/p>\n China will continue to expand proactive\u00a0opening up, stabilize\u00a0and upgrade foreign trade, expand two-way investment cooperation, and promote\u00a0high-quality Belt and Road cooperation.<\/p>\n China is forging stronger bonds of open cooperation. It will further expand trials of opening up in sectors like\u00a0value-added telecommunications, biotechnology, and wholly foreign-owned hospitals. It will guide enterprises in optimizing global resource allocation\u00a0and support\u00a0the sound, orderly, and well-regulated growth of the “cross-border e-commerce plus overseas warehouses” model. It will also advance the Smart Customs cooperation partnership. As these initiatives take deeper root and deliver tangible results, China’s opening up will continue to generate strong momentum.<\/p>\n China remains committed to providing all nations with greater and fairer access to the benefits\u00a0of development. At a time when hegemonic practices undermine\u00a0international cooperation and the global openness index continues to decline, China has firmly chosen to uphold multilateralism and open cooperation and to safeguard and develop an open world economy. China will remain an “oasis of certainty” in an uncertain world.<\/p>\n As the 15th Five-Year Plan period begins, China will promote the negotiation and conclusion\u00a0of more regional and bilateral trade and investment agreements and work actively toward\u00a0joining\u00a0the Comprehensive and Progressive Agreement for Trans-Pacific Partnership\u00a0(CPTPP)\u00a0and the Digital Economy Partnership Agreement\u00a0(DEPA).<\/p>\n Under\u00a0the\u00a0new circumstances, China will firmly uphold the multilateral trading system, participate comprehensively and deeply in the reform of the World Trade Organization, and work with all parties to promote an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization.<\/p>\n Any attempt to channel the waters in the ocean back into isolated lakes and creeks is simply impossible\u00a0and runs counter to the\u00a0trend\u00a0of history. China will always work with other countries to expand the “cake” of economic globalization and share it more equitably.<\/p>\n Through open development, countries can complement each other’s strengths and share opportunities;\u00a0and through deeper integration of interests, they can achieve common development and mutual success.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" By He Yin, People’s Daily In today’s world, rising unilateralism and protectionism are severely undermining global development. The Global Cooperation Barometer 2026 released by the World Economic Forum warned that the current level of global cooperation remains insufficient to address major economic, security and environmental […]<\/p>\n","protected":false},"author":1,"featured_media":5259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[433],"tags":[],"class_list":["post-5258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/5258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/comments?post=5258"}],"version-history":[{"count":1,"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/5258\/revisions"}],"predecessor-version":[{"id":5260,"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/5258\/revisions\/5260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/media\/5259"}],"wp:attachment":[{"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/media?parent=5258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/categories?post=5258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youarepakistan.com.pk\/index.php\/wp-json\/wp\/v2\/tags?post=5258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/chinaobserver.pk\/wp-content\/uploads\/2026\/03\/Picture3-9-1024x683.jpg\")