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Reform and opening-up start over in a new era: China Daily editorial

China Daily | Updated: 2018-12-18 21:44
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Xi officially attached the country's opening-up to those trends and the envisioned community. "China's development can't go without the (rest of the) world, the world's prosperity also needs China," he observed, summing up a precious lesson the country has taken to heart.

The remarkable social and economic development China has witnessed over the past four decades would not have been possible had the country not opened its door to the outside world, and been embraced by the latter. Overseas capital, technologies, management know-how, and then markets have been instrumental in China's rise. The Chinese economy has integrated so seamlessly with the rest of the global economy that it is unprecedentedly a provider and consumer of what global markets demand and have to offer.

There is no reason for a country whose economy has entered such a stage to "delink" itself from the global supply chains.

While some in the West see Chinese moves on the global stage through the prism of old-school hegemony, Xi made a special mention of the Chinese nation's broadminded traditional ideal of "having all nations live in perfect harmony".

This represents China's commitment to inclusive and shared development, and other countries will certainly benefit if they cast aside their zero-sum preoccupations and rediscover the positive potential of cooperation.

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