Opening-up to spur foreign trade growth
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Expanding access to more sectors will bolster nation's economy, experts say
China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday.
Despite challenges from protectionism and anti-globalization trends, these moves will help China solidify its position as a global manufacturing and innovation hub while attracting more foreign capital, they said.
By securing more favorable trade terms and enhancing its role in global trade, the country will further integrate into the global economy, they added.
