In a video speech at the 2023 China International Trade in Services Fair, which opened in Beijing on the 2nd, Chinese President Xi Jinping announced that the country will continue to open up while pursuing its own development path. There are persistent concerns among investors about the country’s economy.
China’s state-run Central Television (CCTV) reported that Xi said, “China will pursue a high level of opening-up, pursue Chinese-style modernization in all aspects with high-quality development, and establish a new framework for open cooperation around the world.” We remain committed to creating new opportunities.”
He pledged to ease market access in the services sector and to open up more in areas including law, telecommunications, tourism and professional exams. He said he would create a nationwide trading market for voluntary reductions in greenhouse gas emissions, while calling on countries to “protect the hard-won free trade and multilateral trading system.”
news-rsf-original-reference paywall">Original title:China’s Xi Vows to Continue Opening Up Market, on Own Terms (1)(excerpt)
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2023-09-03 03:33:51
