Core Insights - China's open market is a significant source of global business opportunities, driven by its large population and growing middle-income group, resulting in an annual import volume exceeding 20 trillion yuan [1] - The country has maintained its position as the world's largest goods trader for eight consecutive years and the second-largest importer for 16 years, injecting continuous momentum into the global economy [3] Trade and Economic Data - China is a major trading partner for over 150 countries, with its goods trade scale leading globally for eight years and service trade projected to exceed 1 trillion USD in 2024, entering the second tier globally [3] - The cross-border e-commerce sector remains the largest in the world, with total import and export volume expected to reach 2.71 trillion yuan in 2024, facilitating rapid access to quality goods for Chinese consumers [3] - China has consistently attracted over 100 billion USD in foreign investment for 15 years, maintaining its status as the largest recipient among developing economies, with a reduced negative list for foreign investment now at 29 items [3] Tourism and Cultural Exchange - The recovery of the tourism market is evident, with 20.89 million foreign visitors entering China in the first three quarters of this year, a year-on-year increase of over 50%, highlighting China's appeal as a vibrant travel destination [4] - The implementation of a 240-hour visa-free transit policy at five new ports in Guangdong has led to a significant increase in foreign travelers, with a 100% year-on-year surge in visa-free visitors [6] Shenzhen's Role as a Hub - Shenzhen exemplifies the practical application of an open market through its "port + port" dual-engine model, enhancing its status as an international hub [5] - The city has seen a robust import scale, leading mainland cities, with imports of electromechanical products reaching 1.2 trillion yuan, an increase of 8.5%, and agricultural products at 82.26 billion yuan, up 10% [5] Global Business Opportunities - The recent China International Import Expo achieved a record intention transaction amount of 83.49 billion USD, showcasing the confidence of global enterprises in the Chinese market [7] - Companies like Tesla and New Zealand's Pacific Alpaca Group are leveraging the Chinese market for innovation and growth, indicating that China is more than just a sales terminal but a core arena for development [7] - The integration of global supply chains is evident, with companies like Boston Scientific and China’s major groups sharing development dividends, fostering a cycle of openness, innovation, and mutual benefit [7] Conclusion - China's vast market is characterized by its openness and inclusivity, with ongoing improvements in foreign investment access and cross-border facilitation, positioning the country as a stabilizing force in the global economy [8]

Group 1 - China's super-large market is a key factor for the steady progress of its economy, emphasizing high-level openness to the outside world as a bridge connecting with the global market [1] - China has maintained its position as the world's largest goods trading nation for eight consecutive years and is a major trading partner for over 150 countries and regions [3] - The scale of service trade in China is expected to exceed 1 trillion USD for the first time in 2024, ranking second globally [3] Group 2 - China has attracted over 100 billion USD in foreign investment for 15 consecutive years, solidifying its status as the largest recipient of foreign investment among developing economies [5] - The national negative list for foreign investment has been reduced to 29 items, with the manufacturing sector achieving a complete removal of restrictions [5] - In the tourism sector, China is one of the most dynamic markets globally, with over 20.89 million foreign visitors entering the country in the first three quarters of this year, marking a year-on-year increase of over 50% [7] Group 3 - The cross-border e-commerce scale in China ranks first in the world, with total import and export volume expected to reach 2.71 trillion CNY in 2024 [3]