PR90089

BEIJING, June 15, 2021 /PRNewswire=KYODO JBN/ --

With the conviction that openness is the way to growth and wealth, Chinese

President Xi Jinping has called on China and the rest of the world to expand

cooperation and build a community with a shared future for mankind.

While attending the APEC CEO Summit in Bali, Indonesia back in November 2013,

the Chinese president quoted a time-honored saying to express the country's

firm determination to reform and open up its economy and enhance cooperation

with the rest of the world.

"China will commit itself to building a cross-Pacific regional cooperation

framework that benefits all parties. The vast Pacific is free of natural

barriers, and we should not erect any man-made ones. 'Boundless is the ocean

where we sail with the wind,'" Xi said, quoting a line from a Chinese poem

written 1,000 years ago.

The remarkable changes that resulted from China's 1978 reform and opening-up

policy testify to the great value of the conviction that openness is the way to

growth and wealth.

Guided by the policy, the country has been transformed from a largely

agricultural nation to the second largest economy in the world.

China's total imports and exports of goods expanded 1.9 percent year on year to

32.16 trillion yuan (about 4.97 trillion U.S. dollars) in 2020.

China also joined the ranks of the world's top 10 most improved economies for

ease of doing business for the second year in a row thanks to a robust reform

agenda, according to a World Bank study report for 2020.

Meanwhile, China has signed cooperation agreements with 140 countries and 31

international organizations under the Belt and Road Initiative (BRI), since it

was initiated in 2013.

As China embarks on a new journey toward socialist modernization via the 14th

Five-Year Plan (2021-2025), opening up remains crucial to the country's new

roadmap.

China now has 21 pilot free trade zones (FTZs), after unveiling three new FTZs

last year. It also signed the Regional Comprehensive Economic Partnership

agreement, which is set to be the world's biggest free trade bloc.

President Xi has previously pledged that "China's door of opening-up will not

be closed and will only open even wider," signaling the clear intent for

greater global cooperation.

Link: https://youtu.be/9NREbgLCNr4

SOURCE  CCTV+