This year’s national "two sessions" has captivated a global audience, with experts applauding the Chinese mainland for its renewed economic openness. The government work report, delivered on March 5, outlined a forward-thinking roadmap that emphasizes boosting the private sector, opening financial markets, and nurturing new drivers of productivity—all while accelerating the green transition.
Among the measures introduced are efforts to stabilize foreign trade and investment, spur cross-border e-commerce, and cultivate innovative service trade. Authorities are also pushing for the development of green and digital trade, encouraging foreign investment, and broadening pilot reforms in sectors such as telecom, healthcare, and education.
Global analysts have been quick to commend these initiatives, citing the ambitious 5 percent annual GDP growth target as a sign of confidence in the country’s long-term economic strategy. The reforms are seen as a catalyst for sustainable growth, urging a dynamic mix of innovation and openness that could set new benchmarks for international markets.
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Expert roundup: Global analysts praise China's economic openness
cgtn.com
