As global currents shift toward protectionism, China is charting a bold course for openness in its upcoming 15th Five-Year Plan (2026-2030). Leaders pledge to "promote high-standard opening up and create new horizons for mutually beneficial cooperation," setting the stage for an era of expansive cross-border exchange.
During the 14th plan (2021-2025), China cemented its status as a global trading powerhouse. Goods trade consistently led world rankings, with export and import shares holding above 14% and 10%, while services trade topped the $1 trillion mark, claiming the second-largest global share.
Foreign direct investment also surged past target levels. With cumulative utilized FDI reaching $708.7 billion by mid-2025, the country has sharpened its edge as a prime destination for overseas investors.
Institutional reforms are at the heart of the new blueprint. The negative list for foreign investment continues to shrink, manufacturing restrictions have been eliminated, and 22 Free Trade Zones are piloting high-quality international economic rules.
China's Belt and Road Initiative partners now account for over half of its total trade, reinforcing resilient and stable supply chains for more than 150 countries and regions. For smaller economies, this network offers a vital anchor in an era of uncertainty.
Looking ahead, the 15th plan outlines four core priorities: broadening economic openness, driving innovative trade development, expanding space for two-way investment, and pursuing high-quality Belt and Road cooperation. By turning its vast market into a global opportunity, China aims to welcome foreign firms to "come, stay, and thrive."
At a time when global fragmentation looms, China's renewed commitment to multilateral trade offers a steady compass for businesses and communities worldwide.
Reference(s):
Defending free trade: China commits to open economy in 15th FYP
cgtn.com
