economy
China vows to continue opening its economy amid trade tensions with U.S.
China has reached a temporary truce with the U.S. on trade. The world's second-biggest economy reported a record $1.2 trillion trade surplus for 2025.
TL;DR
- China pledges to further open its economy and pursue balanced trade.
- The China Development Forum aims to showcase economic vision and investment opportunities.
- Concerns about China's trade practices and overcapacity are being addressed.
- China's central bank governor discussed global economic imbalances and trade in goods and services.
- Efforts are underway to reverse the decline in foreign direct investment.
- Foreign firms will be treated equally with domestic ones, with enhanced IP protection.
- International business leaders from various sectors attended the forum.