Judging from the "hard core" data, the free trade pilot zone has become a "strong magnetic field" for attracting foreign investment in China.

CCTV.com2025-05-07

CCTV News: On the afternoon of March 13, the Ministry of Commerce held a regular press conference. The spokesperson introduced that the free trade pilot zone is an important platform for the Chinese government to independently promote high-level opening up. In 2024, the 22 free trade pilot zones actually used US$28.25 billion in foreign capital, accounting for 24.3% of the country, which has a significant driving effect on attracting foreign assets.

The spokesperson of the Ministry of Commerce He Yongqian introduced that in recent years, my country has taken the lead in launching a series of leading and pioneering reform and opening-up measures in the free trade pilot zone, providing strong support for the development of foreign-funded enterprises in China.

In terms of market access, we have successively launched the negative list of foreign investment access in the free trade pilot zone and the negative list of cross-border service trade, and made further opening arrangements in the fields of value-added telecommunications, commercial services, finance, culture, etc. In terms of connecting with international high-standard economic and trade rules, we have successively launched more than 110 pilot measures to support the free trade pilot zones with conditions and Hainan Free Trade Port to actively connect with CPTPP and DEPA, and carry out greater efforts in key areas such as goods trade, service trade, digital trade, and intellectual property rights.

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