Further opening-up of great significance to nation, the world

Editor's note: At the G20 Summit meeting, held in Osaka, Japan, on Friday, President Xi Jinping delivered a keynote speech and unveiled plans for greater opening-up. An article in the journal Quishi comments:

Since the launch of reform and opening-up policies in 1978, China has been constantly opening its doors to the outside world and sought to boost its exchanges with the world. In 2001, China joined the World Trade Organization, which has helped both its own economy and that of the world.

In the first 10 years after joining the WTO, China realized double-digit annual growth, and became the second largest importer as well as the biggest exporter in the world. The facts show that opening-up has already become a valuable experience of China, as well an important way for it to make greater contributions to the world. That applies in both the high-speed growth period and the high-quality growth period.