China has pledged to advance self-initiated opening-up measures in 2026, including expanding unilateral visa-free policies and comprehensive mutual visa exemptions, according to a government work report submitted to the national legislature on March 5. The announcement signals Beijing's commitment to deepening global economic integration amid shifting trade dynamics.
The report highlights a 6.1% growth in exports this year, with foreign trade maintaining stable volume while improving quality. Foreign investment initiatives appear equally robust, evidenced by a 19.1% year-on-year increase in newly established foreign-invested enterprises.
Notably, progress continues on high-quality Belt and Road cooperation, with practical collaboration expanding across infrastructure, digital economy, and green energy sectors. The Chinese premier emphasized that these measures aim to create "a new system of open economy at a higher level" while maintaining domestic stability.
Analysts suggest the visa policy expansions could streamline business travel and tourism, particularly benefiting APEC members and Belt and Road partner countries. The moves come as China seeks to counterbalance slowing global demand through strategic economic diplomacy.
