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Xi: China aims to turn itself into market for world

chinadaily.com.cn/Xinhua | Updated: 2020-11-04 20:07
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Photo shows decorations at the west entrance of the National Exhibition and Convention Center (Shanghai) in East China's Shanghai, Oct 23, 2020. [Photo/Xinhua]

On new stage for China's development

- China will begin a new journey toward fully building a modern socialist country from next year on, which will mark a new stage for China's development

- China's fostering of a new development paradigm, which takes the domestic circulation as the mainstay while allowing domestic and international circulations to reinforce each other, is "not a development loop behind closed doors"

- China will push for more open domestic and international circulations for not only China's own development needs but also the greater benefit of people in all countries

- China's huge market is the most promising in the world

- China's goods import is estimated to top $22 trillion in the coming decade

On China's plans for further opening-up

- China aims to turn itself into market for world

- China will introduce negative list for cross-border services trade; It will open wider in areas like the digital economy and the internet to the outside world; It will make institutional innovations to support an open economy of higher standards

- China will pursue creative ways to grow foreign trade: It will continue to support companies from around the world in exploring business opportunities in the country; It will encourage cross-border e-commerce and other new business forms and models to grow even quicker to foster new drivers of foreign trade; It will shorten catalog of technologies prohibited or restricted from import to create a favorable environment for the free flow of technologies across borders

- China will keep improving its business environment: It has further shortened the negative list on foreign investment this year; It will continue to make its foreign-related legal framework more open and transparent, and strengthen intellectual property protection

- China will pursue deeper bilateral, multilateral and regional cooperation: China stands ready to sign high-standard free trade agreements with more countries in the world

It will work for the early signing of the Regional Comprehensive Economic Partnership, speed up negotiations on a China-EU investment treaty and a China-Japan-ROK free trade agreement, look forward to more exchanges and mutual learning with high-standard free trade areas in other parts of the world

It will take an active part in WTO reform and in cooperation at the United Nations, the G20, APEC, BRICS and other fora

It will work with related countries to promote high-quality Belt and Road cooperation

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