Highlights of President Xi’s opening speech for the 2nd CIIE
People's
Daily app
China will continue to improve the climate
of doing business in China, Chinese President Xi Jinping said in a speech that
announced the opening of the second China International Import Expo (CIIE) on
Tuesday in Shanghai.
China has achieved major progress in
expanding import to promote consumption and cutting tariffs as part of the
country's efforts to further open up its market, said Xi. He added that all of
the five measures to expand opening up announced at the previous CIIE have been
generally implemented.
A total of 155 countries and regions and 26
international organizations are attending the second CIIE, which runs from
November 5 to 10.
Xi’s speech also called for global efforts
for openness and cooperation and raised more measures that China will take to
keep its door wider to the world. The below are highlights:
To cut tariffs, institutional costs
China will pay more attention to the role
of imports and continue to open up its market.
Steps will be taken to further cut tariffs
and institutional costs, nurture a batch of innovative demonstration zones for
import facilitation, and expand import of high-quality products and services
from other countries.
To further ease access to foreign
investment
China will also continue to improve the
business environment to make it more market-oriented, law-based and
internationalized.
Five measures to promote higher-level
opening up:
-- Continue to expand market
opening up;
-- Continue to optimize the
framework of opening up;
-- Continue to improve the
business environment;
-- Continue to deepen
multilateral and bilateral cooperation;
-- Continue to jointly build
the Belt and Road.
Opposition to protectionism, unilateralism
Xi proposed continuous reduction of trade
barriers and further improvement of global value and supply chains to jointly
nurture market demand.
Three proposals for economic
globalization:
-- Jointly building an open
and cooperative world economy;
-- Jointly building an open
and innovative world economy;
Highlights of President Xi’s opening speech for the 2nd CIIE
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