China means business when it comes to opening-up

BEIJING - A slew of substantial opening-up measures recently announced by China, covering the fields of finance, trade and investment, all say one thing: China intends to be more open, and will accomplish it.

China announced a decision last Friday to make Hainan island a pilot free trade zone and gradually a free trade port with Chinese characteristics. A free trade port represents the highest level of opening-up.

The landmark decision was immediately followed by a string of measures backing Hainan's efforts to deepen reform and opening-up, released by the central authorities on Saturday.