Last week, Toyota and the Shanghai government signed a deal to build a new EV plant in the Jinshan District of Shanghai.

Beijing unveiled ambitious plans last week, spearheaded by the Ministry of Commerce (MOFCOM), to accelerate market opening across services industries from telecommunications to financial services, in a bid to bolster growth and align with high-standard international trade rules.

In recent months, Microsoft has taken steps back from the Chinese market, suspending services for some Chinese clients and winding down several operations. The moves have intensified fears of a deepening technological decoupling between the U.S. and China.

In response to the Trump administration's latest wave of tariffs, Beijing is mobilizing a comprehensive response that spans government statements, diplomatic outreach to American businesses, and a focus on domestic resilience.

At today's press conference, the spokesperson for China's Ministry of Commerce highlighted several key developments in China's economic strategy, including some updates on foreign investment, expanding outbound investment, and an upcoming China-Japan meeting.

Today, Chinese Premier Li Qiang outlined an action plan for the government in his address to the National People's Congress. As part of the plan, he touched upon several trade and investment issues.

China has unveiled a comprehensive policy package aimed at bolstering foreign investor confidence and addressing key challenges in the face of global economic uncertainties. The plan, approved by the State Council, outlines 20 specific measures in expanding market access and other areas.