From left to right:Janice Hu, China country head, UBS AG; chairperson of UBS Securities Co Ltd; chair of Global Banking China, UBS;Anu Rathninde, president of Johnson Controls Asia-Pacific;Xie Xue, CEO of Vale China;George Xu, Airbus executive vice-president and Airbus China CEO. [Photo provided to chinadaily.com.cn]

　　Editor's Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in assessing the success of the process, we have asked multinational executives to share with our readers their insights about their business achievements in the past few years and further expectations in the years to come.

　　Q1What are your expectations for the ongoing two sessions? Do you expect any specific policy measures for further deepening reforms and expanding high-standard opening-up? What more should China do to create a more enabling business environment for foreign investors?

　　HU: We expect the government to prioritize “stabilizing growth“ as the central task and emphasize boosting domestic demand with more supportive macro policies. The government may follow a modest overall fiscal expansion, with more monetary and credit easing and policy rate cuts. We hope to see faster implementation of structural reforms and opening-up, including greater opening of the services sector to private and foreign businesses, further SOE reform and measures to increase regulatory transparency, which are key to creating an enabling business environment. The recent action plan to stabilize foreign investment reaffirms China's commitment to high-standard opening-up. We are positive that China is set to open up its domestic market further, especially in the financial sector.