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Commitment to opening up the Chinese market

Extracts from speeches by Xi Jinping, president of the People’s Republic of China

“China will continue to hold high the banner of peace, development, cooperation, and mutual benefit and uphold its fundamental foreign policy goal of preserving world peace and promoting common development. China remains firm in its commitment to strengthening friendship and cooperation with other countries on the basis of the Five Principles of Peaceful Coexistence, and to forging a new form of international relations featuring mutual respect, fairness, justice, and win-win cooperation.

“China adheres to the fundamental national policy of opening up and pursues development with its doors open wide. China will actively promote international cooperation through the Belt and Road Initiative. In doing so, we hope to achieve policy, infrastructure, trade, financial, and people-to-people connectivity and thus build a new platform for international cooperation to create new drivers of shared development. China will support multilateral trade regimes and work to facilitate the establishment of free-trade areas and build an open world economy.”

Delivered at the 19th National Congress of the Communist Party of China by HE Xi Jinping, General Secretary of the CPC Central Committee

“We should build an open platform of cooperation and uphold and grow an open-world economy. We should jointly create an environment that will facilitate opening up and development, establish a fair, equitable and transparent system of international trade and investment rules and boost the orderly flow of production factors, efficient resources allocation and full market integration. We welcome efforts made by other countries to grow open economies based on their national conditions, participate in global governance and provide public goods. Together, we can build a broad community of shared interests.

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“Trade is an important engine driving growth. We should embrace the outside world with an open mind, uphold the multilateral trading regime, advance the building of free-trade areas and promote liberalisation and facilitation of trade and investment. Of course, we should also focus on resolving issues such as imbalances in development, difficulties in governance, digital divide and income disparity and make economic globalisation open, inclusive, balanced and beneficial to all.”

Speech at the opening ceremony of the Belt and Road Forum for International Cooperation by HE President Xi Jinping, May 14th, 2017

“China is committed to a fundamental policy of opening up and pursues a win-win opening-up strategy. China’s development is both domestic and external oriented; while developing itself, China also shares more of its development outcomes with other countries and peoples.

“We should commit ourselves to growing an open global economy to share opportunities and interests through opening up and achieve win-win outcomes. One should not just retreat to the harbour when encountering a storm, for this will never get us to the other shore of the ocean. We must redouble efforts to develop global connectivity to enable all countries to achieve inter-connected growth and share prosperity. We must remain committed to developing global free trade and investment, promote trade and investment liberalisation and facilitation through opening up and say no to protectionism.”

Keynote speech at the opening session of the World Economic Forum Annual Meeting 2017 by HE President Xi Jinping, January 17th, 2017

“This November, we will hold the first China International Import Expo in Shanghai. It is not just another expo in an ordinary sense, but a major policy initiative and commitment taken of our own accord to open up the Chinese market. Friends from around the world are welcome to participate in the Expo.”

Keynote speech at the opening of the Boao Forum for Asia Annual Conference 2018 by HE President Xi Jinping, April 10th, 2018