CIIE helps write a new chapter for world economy
By Zhong Sheng
Chinese
President Xi Jinping is set to deliver a keynote speech at the opening ceremony
of the second China International Import Expo (CIIE) and the Hongqiao
International Economic Forum on Nov. 5 in Shanghai.
In fact, Xi also
delivered a keynote speech at the opening ceremony of the first CIIE held last
November. It is clearly evident that the Chinese government attaches great
importance to the event.
The CIIE
demonstrates China’s consistent position of supporting the multilateral trading
system and promoting trade liberalization and facilitation. It is a concrete
action by China to advance an open world economy and build a community with a
shared future for mankind.
As the world's
first import expo held at the national level as well as an innovation in the
history of global trade, the CIIE shows that China is committed to achieving
win-win cooperation and making progress together with the rest of the world.
It is noted by
the entire world that China has suited the action to the word. China will not
stop its effort to pursue higher-quality opening-up. The country will not stop
its effort to pursue an open world economy, and it will not stop its effort to
pursue a community with a shared future for mankind.
China is
building three bridges: one to the world, one to prosperity and one to the
future, said Christine Lagarde, former managing director of the International
Monetary Fund (IMF) at the first CIIE.
The first CIIE
turned out to be really fruitful. Statistics from the China International
Import Expo Bureau show that intended purchases of goods and services reaches
$57.83 billion for the whole year after the first CIIE.
Right now, these
orders have gradually been confirmed and various cooperative projects are
speeding up.
China, with a
population of nearly 1.4 billion, has opened its market and shared the
opportunities with the rest of the world. This will not only help China set a
new model and open up new prospects for reform and opening-up at a higher
level, but also bring people around the world a stronger sense of gain.
After being
exhibited at the first CIIE, jute handicrafts knitted by impoverished women in
Bangladesh entered high-end department stores in Shanghai and fresh fruits from
Hawaii became available in popular coffee shops in China.
By teaming up
with Chinese Internet companies, Italian manufacturers now sell household
appliances at their respective overseas prices while providing nationwide
warranty services for Chinese consumers.
Compared with
the first CIIE, the second one will be held on a larger scale with higher
quality and richer activities from Nov.5 to 10.
Up to now,
guests and representatives from more than 170 countries and regions have
confirmed that they will attend the import expo. Their enthusiasm indicates
that the international community thinks highly of and holds great expectations
towards the CIIE.
The expo has
become a great platform for global companies to share the development dividends
of China, an increasingly attractive market and investment destination.
A confident
China will keep open to the world and promote a more open world. The Chinese
economy is not a pond, but an ocean, as Xi said during the first expo. The
president also pointed out that China's initiative to expand imports is not a
choice of expediency, but a future-oriented step taken to embrace the world and
promote common development.
Earlier this
month, the IMF lowered its global growth forecast for 2019 to 3 percent in its
latest World Economic Outlook (WEO) report, the lowest since the international
financial crisis. One of the main reasons is the uncertainties of global trade.
It should be
noted that against the background of rising trade protectionism and
anti-globalization, to host a better import expo not only demonstrates China's
firm determination to open wider to the outside world, but also boosts global
trade demands and add new impetus to the world economy.
(Zhong Sheng is
a pen name often used by People’s Daily to express its views on foreign
policy.)
CIIE helps write a new chapter for world economy
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