China to bring new growth opportunities for global economy
People's Daily
The proposals put forward by Chinese President Xi Jinping to advance
economic globalization and expand opening-up have demonstrated China’s
determination to bring new growth opportunities to the global economy.
The Chinese civilization has always valued peace under heaven and
harmony among nations, Xi said in a keynote speech delivered at the opening
ceremony of the second China International Import Expo (CIIE) on November 5 in
Shanghai.
Underscoring that economic globalization is an
irreversible trend of history, Xi proposed three
initiatives to encourage countries from around the world to give more impetus
to economic globalization and remove impediments, and announced five measures to
bring about opening-up at an even higher level.
With visionary initiatives full of Chinese wisdom and pragmatic
measures, China has made clear to the world that the country is committed to
deepening opening-up, confident about bringing new growth opportunities for the
global economy, and shoulders its responsibility to contribute to an open
global economy and a community with a shared future for mankind.
The CIIE is the world's first import expo held at the national level.
It is a proactive policy of China to pursue a new round of high-level
opening-up, advance Belt and Road international cooperation and build an open
world economy with the rest of the world.
The second CIIE is larger in scale compared with the first one held
last November. A total of 155 countries and regions as well as 26 international
organizations have participated in the event.
The exhibition area covers around 360,000 square meters. Sixty-four
countries have hosted country exhibitions and 3,893 companies present at the business
exhibitions.
In a short time, the CIIE started from scratch and
quickly attracted wide participation of countries and enterprises from all over
the world, said Xi when he
hosted a banquet on November 4 evening in Shanghai to welcome distinguished guests
from around the world, who are here to attend the second CIIE.
He noted that the expo has become a major initiative in the history of
global trade and an important platform for international cooperation in the new
era.
In his keynote speech at this year's expo, Xi reviewed the initiatives
of further opening-up China has taken since the first CIIE, demonstrating that
China is a country that keeps its promises.
The country has resolutely supported trade liberalization and economic
globalization and will open its door only wider to the world.
Economic globalization, as an irreversible trend of history, has
greatly boosted global growth. While protectionism and unilateralism are
surging and economic globalization has encountered headwinds, Xi stressed that
economic globalization is like the world's great rivers and nothing can stop
their mighty movement.
Xi noted that of the problems confronting the world economy, none can
be resolved by a single country alone, suggesting that countries put the common
good of humanity first rather than place one’s own interest above the common
interest of all.
The Chinese President called on countries to work together to build an
open world economy through cooperation, with innovation and for mutual
benefits.
He expressed hope that all countries could have a more open mindset and
take more open steps, and work together to make the pie of the global market
even bigger. Meanwhile, he suggested that countries should strengthen the
mechanisms for sharing benefits globally, and explore new ways of international
cooperation.
The goal is to give more impetus to economic globalization and remove
impediments as much as possible and make economic globalization more open,
inclusive, balanced, and beneficial to all, as he pointed out.
This year marks the 70th anniversary of the founding of the People's
Republic of China. For the past 70 years, the Communist Party of China (CPC) has
led the people to create a miracle of rapid economic development and a miracle
of long-term stability. The Chinese nation has achieved a tremendous
transformation—it has stood up, grown rich, and become strong.
China's development, viewed through the lens of history, is an integral
part of the lofty cause of human progress.
As the Chinese President announced, China will continue to open up its
market, optimize its opening-up structure, improve the business environment,
deepen multilateral and bilateral cooperation and advance Belt and Road
cooperation.
The purpose is to stay committed to opening-up to promote reform, development
and innovation, and offer countries in the world more opportunities of market,
investment and growth and achieve development for all.
Xi expressed his faith in the bright prospects of China's economic
development, adding that the country will adhere to its
fundamental state policy of opening-up and move economic globalization forward
together with other countries.
Standing at a new historical starting point, China will reach out its
arms to help countries in the world to seize opportunities presented by China's
development in the new era and welcome them aboard the express train of
China's development.
As long as various countries work hand in hand along with the
development trends of the times, they can promote the vibrant development of
the world economy.
The opening ceremony of the
second CIIE and the Hongqiao International Economic Forum (Photo by Weng Qiyu)
China to bring new growth opportunities for global economy
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