Deepening reform and opening-up has beneficial spillover effects

CHINA HAS LEARNED A LOT from its trade frictions with the United States, among which the most important lesson is that it should always be committed to its reform and opening-up, Xinhua comments in an article published on Tuesday. Excerpts:

China has always remained steadfast in deepening its reform and expanding its opening-up.

Over the past month, China launched a long-awaited special board for technology start-ups in its stock market to divert funds to its cash-thirsty innovators, and connected the stock markets in Shanghai and London in order to open the door of its financial market wider. Also, China will soon unveil the latest version of its negative list, which multiple sources have said will be much shorter than even the boldest estimates.