SwedCham China Insights for the week of November 7 – November 11, 2022

Top news of the week:
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China releases World Openness IndexNovember 7, 2022
The World Openness Index, gauging the openness levels of 129 economies from 2008 to 2020, was released on November 5 at the fifth Hongqiao International Economic Forum in Shanghai. In 2020, the World Openness Index was at 0.7491, down 0.02 percent from 2019. China’s openness index jumped from 0.7107 in 2012 to 0.7507 in 2020, up 5.6 percent, and its ranking rose from the 47th to the 39th.
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MOF: China to foster high-level opening-up of govt procurementNovember 8, 2022
China will actively and productively promote the high-level opening-up of government procurement to optimize the business environment. China has been deepening international communication and cooperation in the area of government procurement and strengthening the construction of the international cooperation platform, according to Xu Hongcai, Vice Minister of Finance. China is seeking to work with all parties to build a vast international public procurement market featuring fair competition and mutual benefit, Xu added.
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The 2022 World Internet Conference Wuzhen Summit kicks offNovember 9, 2022
The 2022 World Internet Conference Wuzhen Summit kicked off Wednesday in the river town of Wuzhen in east China’s Zhejiang Province. President Xi Jinping sent a congratulatory letter and expressed that China is willing to work with countries around the world to blaze a global digital development path. Under the theme of “Toward a Shared Digital Future in a Connected World – Building a Community with a Shared Future in Cyberspace,” the three-day event brought together more than 2,000 representatives from over 120 countries and regions.
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China to expand digital health code use for unified health information platform in 2025November 10, 2022
China will establish a new unified national health information platform by 2025 which will expand on the use of its citizen’s pre-pandemic digital health codes, health authorities announced Wednesday. By 2025, a demographic database and digital health and medical records will be further improved, and each resident is expected to have an online health catalog and a digital health code, according to the plan jointly released by the National Health Commission, the National Administration of Traditional Chinese Medicine and the National Administration of Disease Prevention and Control. The document added that an information platform committed to contagious disease supervision and precaution and emergency response will be established.
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The fifth CIIE completes with USD73.5 billion deals of goods and servicesNovember 11, 2022
The Fifth China International Import Expo (CIIE) was held from 5 November to 10 November at the National Exhibition and Convention Center (Shanghai). CIIE concluded on Thursday with a total of $73.5 billion worth of tentative deals reached for one-year purchases of goods and services. The figure represented an increase of 3.9 percent from that of last year, according to Sun Chenghai, deputy director of the CIIE Bureau. A total of 284 Fortune Global 500 companies and industry pacesetters are showcasing their most advanced products and services with nearly 90 percent being repeat participants. The CIIE serves as an important window for more countries to enjoy China’s development opportunities and shows that China is striving to expand its openness to the world.



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