Further opening up to deal with external uncertainties
Editor's Note: China recently launched a series of measures to further open up the economy to the outside world, drawing the attention of the international community. Zhong Sheng, a columnist for People's Daily, comments:
China's new measures show its determination to accelerate the opening-up process, even though the United States has launched a trade war against it. By further opening up the economy, China is signaling to other economies that it is open to business. China is responding to external uncertainties, including the US-triggered trade war, by further opening up its economy, and contributing Chinese wisdom to promote free trade.
The robust opening-up efforts include establishing a demonstration pilot zone for socialism with Chinese characteristics in Shenzhen, and six new pilot free trade zones in Shandong, Jiangsu, Hebei, Yunnan and Heilongjiang provinces, and the Guangxi Zhuang autonomous region.