加快推进服务业扩大开放

Core Viewpoint - The expansion of the service industry is a key component of China's opening-up strategy and an important support for economic development, with foreign investment in the service sector expected to account for about 70% of the total foreign investment in 2024, and service trade surpassing $1 trillion for the first time [1][6] Group 1: Service Industry Opening-Up - The service industry has become the focus of high-level opening-up in China, with a continuous expansion of the scope and level of openness through institutional and autonomous measures [2][3] - The establishment of a negative list management model for foreign investment in the service sector has been implemented nationwide, enhancing the transparency and efficiency of market access [3][4] - The reduction of special management measures for foreign investment in the service sector has significantly decreased from 95 to 22, with a 76.8% reduction, particularly in finance and real estate [4] Group 2: Key Areas of Focus - The 2024 pilot program for expanding foreign investment in value-added telecommunications services has removed foreign ownership restrictions in several major cities, facilitating greater foreign participation [5][6] - The healthcare sector is being prioritized for opening-up, with policies allowing foreign investment in hospitals and medical services, aiming to improve service quality and fill gaps in high-end medical resources [13][14] - The financial sector has seen the complete removal of foreign ownership limits across various financial services, promoting a more inclusive and competitive environment for foreign financial institutions [18][19] Group 3: Achievements and Future Directions - The number of foreign-funded telecommunications companies has increased significantly, with over 2,400 foreign firms operating in the sector, reflecting a 26.5% year-on-year growth [9][10] - The financial market has expanded to include over 1,160 foreign institutions in the bond market, with a total bond holding of 4.5 trillion yuan, indicating a robust integration of foreign capital [20][21] - Future efforts will focus on enhancing the regulatory framework, improving the business environment, and ensuring a balance between openness and security in the financial sector [22]