According to reports, in September, the Shanghai Pilot Free Trade Zone officially launched the pilot work of wholly foreign-owned travel agencies operating outbound tourism business. A wholly foreign-owned travel agency was approved for the first batch of outbound tourism business. The relevant person in charge said that we are optimistic about the prospect of China's tourism market and feel the determination of China to continue to accelerate the pace of opening up.

Experts said that in recent years, China has accelerated the construction of a new open economic system, strived to create a more attractive international, legal and convenient business environment, and cultivated new advantages to enhance international competitiveness. Among them, in terms of expanding foreign capital market access, a series of policy measures have been introduced one after another and achieved positive results.

The relevant person in charge of the Ministry of Commerce said that since Shanghai Free Trade Zone 20 13, relaxing foreign market access has become a key task. The earliest negative list of foreign investment in the Free Trade Zone contained 190 restrictive measures, and then gradually "slimmed down". There are only 95 items so far. In the future, we will implement the negative list in the pilot free trade zone nationwide to create a better investment environment for foreign-funded enterprises.

Analysts said that through a series of practical measures, China has continuously liberalized the restrictions on foreign investment in China, especially in the service industry and manufacturing industry, and relaxed the restrictions on the ratio of foreign shares in some areas, thus giving foreign companies more investment opportunities.

I hope more people can come to China for development!