China plans to boost high-quality employment by fostering new industries, improving education systems, and strengthening worker protections to enhance public confidence in careers and ensure sustainable socioeconomic growth.
The central leadership of the Communist Party of China unveiled a sweeping plan on July 22 to deepen reform and modernize the country's governance system and capacity, detailing major initiatives to bolster high-level opening-up and self-reliance in science and technology.
China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector.
Chinese authorities released a document Friday introducing new measures to encourage overseas institutions to invest in China's domestic sci-tech enterprises.
Zhejiang will continue to ramp up efforts to enhance its business environment in order to attract more foreign investment and encourage privately owned businesses amid measures to promote local high-quality development, authorities said.
China will continue working toward the swift implementation and effectiveness of the policy package aimed at enhancing the investment climate for foreign businesses and attracting more foreign investment, the Ministry of Commerce said on Wednesday.
Wenzhou, a city in Zhejiang province, recently secured approval for 44 significant science and technology projects aligning with Zhejiang's major initiatives, with 17 being led by local enterprises.
