Developing a new landscape for opening-up
Forty years after the launch of reform and opening-up, China has reached a new stage of economic development, where it is making efforts to create a new landscape for further opening-up. In the Government Work Report delivered to the National People's Congress on Monday, Premier Li Keqiang said: "China will further expand the scope and raise the quality of its opening-up; the structure, layout, institutions, and mechanism for opening-up will be improved, and we will use high-standard opening-up to generate high-quality development."
Thanks to reform and opening-up, China has achieved an economic transformation unprecedented in human history. China's structural improvement has made it more capable of competing in the global high-quality products' market, instead of just being a producer of inexpensive goods. And the concept of innovative, coordinated, green, open and shared development has helped environmental development, with China making great contributions to the global economy.
But China's economic development and the changing global situations have created some challenges for the country.