Exporting China's voice will give it more say in global rule making

AT THE ANNUAL CENTRAL ECONOMIC WORK CONFERENCE held in Beijing last week it was proposed that the government should foster the transformation from an opening-up of commodities and production factors to an institutional type of opening-up. Beijing News comments:

Prioritizing institutional opening-up as a significant deployment of the overall opening-up course, has caught attention as it may represent a fresh approach to the current difficulties China faces at home and abroad.

The crux of the endeavor is to better dock domestic economic policies, rules and regulations with international conventions, and prompt the rationalization of international rules.