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Expo to boost consumption, global growth

By Zhang Haiyuan | China Daily | Updated: 2018-11-06 08:30

The ongoing China International Import Expo could help the world economy overcome part of the challenges facing economic globalization and stem the spread of unilateralism and protectionism. The reason: it is aimed at facilitating a new round of high-quality opening-up and boosting qualitative development, which in turn will promote trade liberalization and multilateralism.

This is the first expo of its kind not only in China but also the world. As a new opening-up and cooperation platform, the import expo, which started on Monday and ends on Saturday, has drawn more than 3,600 quality enterprises from around the world. Exhibitors from different parts of the world are offering, among other things, goods and services, tourism destinations and investment to demonstrate their countries' development levels and achievements. Which is a good way to promote inclusive globalization.

The expo will share different countries' development achievements with the participants and visitors. Facing the rising trend of anti-globalization and protectionism, President Xi Jinping has said on many occasions that China will never close the doors to its market; instead, it will open them wider. In fact, since the 18th National Congress of the Communist Party of China in November 2012, the country has made remarkable achievements in terms of economic development, which has become an important driving force and stabilizing factor for the world economy.

Expo to boost consumption, global growth

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