The city of Beijing has received approval from the State Council to expand opening-up in service industry and build the Integrated National Demonstration Zone for Opening up the Service Sector (the "demonstration zone” for short).
Beijing should work to provide demonstration for the opening up and innovative development of the country's service industry, according to an online statement issued by the State Council.
By 2030, the demonstration zone is expected to realize facilitation in terms of trade, investment, cross-border flow of capital, employment, transportation, as well as the safe and orderly flow of data, according to the plan.