Beijing’s municipal commerce bureau issued a development plan targeting a
higher-level open economy. By 2030 the city aims to strengthen the role of the
national service-sector opening pilot and the China (Beijing) free trade zone
and to boost the market-leading function of platforms including the China
International Fair for Trade in Services, the Zhongguancun Forum, the Financial
Street Forum and the Beijing Cultural Forum. The plan seeks bigger breakthroughs
in opening key sectors and reforming critical links, accelerate construction of
a higher-level open economic system, and position Beijing as a global
digital-economy demonstration hub, a global pharma-health innovation source, an
international modern services cluster and a two-way open gateway. By 2035
Beijing aims to lead the country’s new opening-up pattern, materially raise its
capacity to participate in international economic and trade rule governance, and
further strengthen its higher-level open-economy advantages.
