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.
Wenzhou Customs announced that Petpal Pet Nutrition Technology Co Ltd obtained the Advanced Certification Enterprise Certificate from Hangzhou Customs.
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.
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.
Wenzhou is ramping up efforts to facilitate the application process for APEC business travel cards across 16 economies, aiming for a seamless paperless application system.
In a concerted effort to bolster the local business climate and foster collaborative ties, the Wenzhou Postal Branch, in collaboration with the Ozon platform and the Wenzhou Cross-Border E-commerce Association, recently organized a promotional event for the Ozon platform in Russia.
Wenzhou, known for its vibrant business landscape, is making significant strides in global trade.