Trade openness in China in comparison 2023
An investigation into China's economy and market openness based on key economic data indicates that the economy in China today is generally more open than in 2010, but less open than in many other advanced countries. The openness in international trade reached a score of 4.4 on a scale from zero (low openness) to ten (high openness), less than the open economy average of 6.0. Other investigated measures include: financial system development, the level of allowed and supported market competition, the development of a modern innovation system, direct investment openness, and portfolio investment openness.
