China will implement measures to enhance the effectiveness of its opening-up platforms in order to stabilize foreign investment in 2025, according to an action plan released by the General Office of the State Council on Feb 19.

The action plan, devised by the Ministry of Commerce and the National Development and Reform Commission, outlines steps to improve the policy support system, formulate policies to advance reform and innovation in national-level economic and technological development zones, and introduce new measures in areas such as factor guarantees, key sectors opening-up, pilot reforms, and delegating economic administrative power to elevate the development level of export-oriented economy in those zones.

The plan encourages national-level high-tech zones, customs special supervision areas, and provincial-level development zones to serve as opening-up platforms for stabilizing foreign investment.

It also focuses on improving the quality and efficiency of free trade pilot zones, expanding authorization for reform tasks, accelerating the implementation of core policies for the Hainan Free Trade Port, and building highlands to attract foreign investment.

Additionally, China will support intensifying stress testing in foreign investment access in free trade pilot zones and will continuously expand institutional opening-up in rules, regulations, management and standards, according to the plan.