Committed to promoting globalization

The recent Fourth Plenary Session of the 19th Communist Party of China Central Committee stressed the importance of further opening-up. In fact, China has always been committed to further opening-up, as its hosting of the 2nd China International Import Expo demonstrates. And it has chosen to do so not out of pressure from the outside world, but to achieve its goal of qualitative economic development and to share its development fruits with its trade partners.

True, the world economy has, to a certain extent, recovered from the global financial crisis. However, it still lacks a strong driving force which, together with differentiated growth, is impeding economic globalization. Affected by this in no small measure, the Chinese economy has gradually entered a period of medium-speed growth.

In the face of multiple pressures and challenges at home and abroad in the new era, China is taking measures to offset the effects of the protectionist and exclusionist policies adopted by some developed economies. Upholding the banner of openness, cooperation, development and mutual benefit, China has become the most important supporter of the multilateral trading system and an open world economy.