On Thursday, March 5, during the fourth session of the 14th National People’s Congress, Premier Li Qiang presented China’s government work report, outlining the country’s commitment to win-win cooperation and global engagement in 2026. The report emphasized that China will continue to expand institutional openness, promote international norms, and encourage reform and development through openness.
The report highlighted that China will focus on expanding market access and opening up various sectors, particularly the service industry. Measures include broadening pilot programs for value-added telecommunications, biotechnology, and wholly foreign-owned hospitals, systematically expanding openness in the digital sector, and reducing the negative list for cross-border service trade. The report also called for establishing national-level exhibition zones to further promote openness in the service sector.
China will actively participate in the reform of the World Trade Organization (WTO) and advance the construction of the Hainan Free Trade Port. The country will promote stable growth in foreign trade, optimize its trade structure, increase support through loans and credit insurance, expand the use of Renminbi (RMB) in cross-border trade, encourage service exports, actively expand imports, and foster balanced trade development.
In addition, China will broaden bilateral investment cooperation, deepen reforms in foreign investment promotion systems and procedures, ensure national treatment for foreign-invested enterprises, strengthen services and safeguards for these enterprises, guide rational and orderly cross-border arrangements in industrial and supply chains, and enhance risk prevention, control, and protection of foreign interests.
Source: Jinxia–Touhid–Tuhina, China Media Group.