China has taken pragmatic measures to expand market access, facilitate the flow of talent and scientific research resources, and align with international economic and trade rules as part of the country's efforts to create a favorable business environment and further open up its economy to global investors.
The import volume of Guangdong rose steadily in the first quarter of the year, playing a big part in supporting the province's economic growth, a senior customs officer said.
China's factory activity expanded in March after five consecutive months of contraction, an official survey revealed on 31st of March, adding to a run of indicators that suggest the stabilization of the world's second-largest economy.
China's complete manufacturing clusters, strategic position in the Asia-Pacific region and numerous free trade agreements with various countries will remain beneficial for multinational corporations aiming to capitalize on growth opportunities, said business executives and experts.
China's emphasis on developing new quality productive forces and advanced manufacturing by giving full play to the leading role of innovation, will enhance the resilience and competitiveness of its industrial and supply chains, and inject new impetus into the country's long-term economic growth, said national legislators and industry experts on 5th of March.