Multinationals see huge development opportunities in nation's opening-up

GUANGZHOU－Multinational enterprises are anticipating exciting opportunities in China as the country continues to deepen its opening-up, even as the COVID-19 outbreak is slowing down the global economic momentum.

Despite a grim and complex economic situation both domestically and globally this year due to the novel coronavirus epidemic, China has not decelerated its efforts in promoting reform and development through opening-up. Rather, the country has made advances in more fields and embraced deeper level reforms.

China has continuously cut the number of sectors and businesses that are off-limits for investment in its negative list for market access in recent years, providing huge opportunities for foreign companies and stimulating the vitality of market entities.