The State Council Information Office (SCIO) of China held a significant press conference today to discuss the advancement of comprehensive pilot reforms in Shanghai’s Pudong New Area. The event was attended by high-ranking officials, including Li Chunlin, Vice Chairman of the National Development and Reform Commission; Ling Ji, Vice Minister of Commerce and Deputy China International Trade Representative; and Hua Yuan, Vice Mayor of the Shanghai Municipal People’s Government.
The Pudong New Area, often hailed as a symbol of China’s economic reform and opening-up, is poised to undergo transformative changes aimed at enhancing its role as a leading hub for innovation, finance, and global trade. The officials addressed the media to outline the strategic initiatives that will drive the next phase of development in Pudong, reinforcing its position as a key engine of China’s modernization efforts.
Li Chunlin emphasized the importance of institutional innovation and the need to create a more favorable environment for business and investment. “The comprehensive pilot reform in Pudong is a crucial step in deepening reform and expanding opening-up,” he remarked. “We are committed to building Pudong into a pioneer area for socialist modernization.”
Ling Ji highlighted the role of Pudong in international trade and economic cooperation. He stated, “Pudong’s reform will not only benefit China but also provide new opportunities for global investors and partners. We aim to foster a more open and inclusive economic landscape.”
Hua Yuan outlined the specific measures that the Shanghai Municipal Government will implement to facilitate the reforms. These include policies to attract foreign investment, support technological innovation, and improve the business climate. “Our goal is to make Pudong a world-class destination for enterprises and talent,” Hua declared.
The press conference underscores the Chinese government’s commitment to advancing reforms that promote high-quality development and integration with the global economy. As Pudong embarks on this new journey, businesses and investors worldwide are keenly watching for emerging opportunities in the region.
Reference(s):
Live: Pushing forward comprehensive pilot reform of Pudong New Area
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