What they say

Delegates at the Changchun New Area Opening-up and Development Forum shared their insights on new economic trends and the development of the emerging area

Changchun has a fast-growing, open economy, but still lags behind some coastal cities. It should seize the opportunities brought by a new round of reform and opening-up to develop high-end industries and build industrial chains with local characteristics. A high-quality open economy and an upgraded industrial structure will help in the revitalization of Changchun, one of the first industrial bases established in China. Changchun New Area has the foundation to develop an open economy and the experience to nurture high-end industries, but problems remain in many areas, including its low level of opening-up and weak resource integration. Changchun will build a trade and logistics center in Northeast Asia and a regional hub for the Belt and Road Initiative by developing an open economy and new pillar industries.

Li Guanghui, vice-president of the Chinese Academy of International Trade and Economic Cooperation at the Ministry of Commerce