China can take free trade baton from US
That President Xi Jinping's attendance at the World Economic Forum in Davos, the first by China's head of state, has drawn worldwide attention testifies to the sharp rise in China's international status and its growing voice in international affairs.
With concrete words and actions, China has transitioned from being a beneficiary and participant of free trade and globalization to a maker and guider of global governance and the global economic rules. By successfully handling its domestic affairs to ensure its stable and healthy economic and social development, China has set a good example for international governance.
Due to its industrialization and export-oriented economic development strategy, China has risen to be the world's largest manufacturer and exporter. It has also become the economy with fastest growing volume of imports since the start of this century with its import growth nearly double the world average. And the large volumes of goods and services China imports and its growing outward direct investment have bolstered the economic and social development of a number of countries and regions.