Recently, the State Council of the People's Republic of China has approved the Work Plan of Beijing for Deepening Development of Integrated National Demonstration Zone for Opening up the Services Sector (hereinafter referred to as the 2.0 Plan of Demonstration Zone).

The 2.0 Plan of Demonstration Zone proposes over 170 pilot tasks in six areas such as deepening reforms and expanding open access in the key areas of the services sector, exploring rules and regulations for emerging business forms, optimizing institutional trade and investment arrangements, improving the policy environment for public services, strengthening the mechanisms for rights protection, and enhancing the risk prevention and control system.

The 2.0 Plan of Demonstration Zone is an upgraded version of the 1.0 Plan of Demonstration Zone released in 2020, serving as a guide for Beijing to promote the high-standard opening-up in the next phase.

(Source: Xinhua News Agency)