Build innovative inclusive open world economy

- a keynote speech at the opening ceremony in the first China International Import Expo
(November 5, 2018, Shanghai)

People's Republic of China President Xi Jinping

In November 2018 06, 05:04 source: People's daily

Distinguished heads of state and government and representatives of the Royal family,

Distinguished heads of international organizations,

The head of the delegation of respect,

Ladies and gentlemen,

Ladies and gentlemen, friends:

In May 2017, I announced Chinese will be held from 2018 Chinese international import expo. After a year of preparation, the strong support of all parties, now, the first Chinese International Import Expo officially opened!

First of all, on behalf of the government and the Chinese Chinese people, and in my own name, on the arrival of distinguished guests a warm welcome! To all friends from the five continents, sincere greetings and good wishes!

China International Import Expo, is now the first to import as the theme of the national exhibition in the world, is a great invention in the history of international trade. Chinese held International Import Expo, is the focus China made a major decision to promote a new round of high-level opening, is a major measure to China active open to the world market. This reflects the China support to the multilateral trading system and promote the consistent position of the development of free trade, China is to promote the construction of an open world economy, support the action of economic globalization.

This session of the Expo to import new era, sharing the future "as the theme, is to welcome friends from all over the world, grasp the opportunity Chinese a new era of development, deepen international economic cooperation and achieve common prosperity and progress. A total of 172 countries, regions and international organizations attended the meeting, more than 3600 exhibitors, the total exhibition area of 300 thousand square meters, more than 400 thousand domestic and foreign buyers to negotiate purchase.

I sincerely hope that the friends of all countries participating exhibitors can receive wide praise and rewarding!

Ladies and gentlemen, friends!

The world today is undergoing a new round of great reform and adjustment, the national economic and social development is closely related to the global governance system, and accelerate the transformation of international order. At the same time, the world economy profound adjustment, protectionism, unilateral rise, economic globalization suffered setbacks, multilateralism and free trade system by the impact, still many unstable and uncertain factors, risks and challenges intensified. This requires us from the complicated situation grasp the law, recognize the trend, open a firm confidence in cooperation, jointly cope with risks and challenges.

The world is a person with breadth of vision to realize that economic globalization is an irreversible historical trend, provide a strong impetus to the development of the world economy. It is a historical trend, its development is independent of man's will transfer. Humans can understand and use, conform to the laws of history, but could not prevent the effect law of history. The historical trend will be mighty forward.

Review the history, open cooperation is an important factor to enhance the vitality of the international economic and trade. Based on the practical requirements, open cooperation is to promote the steady recovery of the world economy. In the future, open cooperation is to promote the requirements of the progress of the human society era.

Road to Jane, to work. In the face of the profound changes in the world economy, in order to build a better world, all countries should show greater courage, actively promote openness and cooperation, realize common development.

Countries should adhere to open financing, expand mutually beneficial cooperation in space. Open closed backward bring progress. International Trade and investment, economic and trade exchanges, be rooted in the countries of complementary advantages, mutual exchange of needed products. The history of international trade and economic development throughout the show "deeply is interlinked together, with each retreat is closed" rule. The reductions in barriers to international trade, expand opening up, will be able to get through the blood; if the expense of others, isolated international trade will, qi stagnation and blood stasis, the world economy is difficult to healthy development. All countries should adhere to the open policy orientation, unequivocally oppose protectionism, unilateral, multilateral and bilateral to enhance the level of opening up, promote economic linkage between the common construction of an open world economy. All countries should strengthen coordination of macroeconomic policies, to reduce the negative spillover effect, promote the growth of the world economy. All countries should promote and build a fair, reasonable and transparent rules of international trade system, promote trade and investment liberalization and facilitation, promote global economic exchanges and integration, to further open up.

Countries should adhere to lead innovation, accelerate new energy transfer. Innovation is the first power. Only dare to innovate, the courage to change, to break through the bottleneck of the development of the world economy. The world economy is just out of the shadow of the international financial crisis, recovery is not solid, the urgent need to promote scientific and technological innovation, cultivate new growth points. For the benefit of mankind is the most powerful driving force of technological innovation. In solidarity village, sharing innovation, is consistent with the voice of the international community and the realistic choice. All countries should bring hold a new round of technological revolution and the industrial revolution opportunities, strengthen cooperation in frontier digital economy, artificial intelligence, nanotechnology, together to create new technologies, new industries, new formats, new mode.

Countries should adhere to the inclusive inclusive, promote the common development of all countries. One swallow does not make spring, All flowers bloom together. spring garden." The pursuit of happiness of life is the common aspirations of all peoples. The human society will continue to progress, all countries should adhere to open not closed, cooperation instead of confrontation, not exclusive to win. In the further development of economic globalization, law of the jungle, winner is a narrower alley, inclusive, win-win is the more inclusive wider human right. All countries should transcend differences and differences, play their respective advantages, promote inclusive development, together with the risks and challenges facing mankind to deal with, in 2030 to implement the sustainable development agenda, to reduce the imbalance in global development, promote economic globalization towards a more open, inclusive, inclusive, balanced and win-win direction, let all the people to share the economic growth economic globalization and world achievement.

Ladies and gentlemen, friends!

40 years of reform and opening up, Chinese people self-reliance, and strive for progress with determination to temper forward, rely on their own hard work and sweat to write the development state and national epic. At the same time, Chinese adhere to open construction, achieved from a closed or semi closed to fully open the great historical turning point. Open has become a distinctive mark of the contemporary Chinese. Chinese continue to expand the opening, not only the development of their own, but also for the benefit of the world.

In April this year, I will be at the opening ceremony said at the Boao forum for Asia annual, China economic development over the past 40 years is obtained under the condition of opening up, the future China economy to achieve high quality development must be carried out under more open conditions. I have repeatedly stressed that Chinese will not open the door closed, only bigger and bigger. China promote higher levels of opening up is not stagnant! China promote the construction of an open world economy is not stagnant pace! China promote the construction of a common destiny of mankind's footsteps is not stagnant!

Chinese will unswervingly pursue a win-win strategy of opening up, the implementation of high level of trade and investment liberalization and facilitation policies, and promote the formation of internal and external linkage, two-way mutual opening pattern. China will always be an important promoter of global open, Chinese will remain stable source of world economic growth, China countries will always be vibrant market expansion opportunities, Chinese will always be a positive contribution to the reform of the global governance!

In order to further expand the opening, China will increase efforts to promote in the following aspects.

First, to stimulate the import potential. China actively expand imports, is not a matter of expediency, but a long-term view of the world and of the future and promoting common development. China will conform to the upgrading of domestic consumption trends, take a more active and effective policies and measures to promote the enhancement of increase of resident income, consumption ability, cultivate high-end consumer new growth point, continue to release the potential of the domestic market, expand imports of space. China will further reduce tariffs, improve customs clearance facilitation, reduce import system cost, accelerate the development of a new model of cross-border e-commerce and other new formats. Chinese has a big market of more than 1 billion 300 million people, Chinese sincerely to all open market, Chinese International Import Expo will not only continue to do every year, and run out level, effectiveness, better and better.

Second, continue to expand market access. In April I announced the relaxation of market access initiatives, has been basically landing. Chinese has further reduced the entry of foreign investment negative list, reduce investment restrictions, enhance the level of investment liberalization. Chinese is steadily expanding the opening up of financial industry, continue to promote the opening of the service industry, deepening the agriculture and mining industry and manufacturing industry to speed up the process of opening up, telecommunications, education, medical, cultural and other fields, especially foreign investors, the domestic market gap of education, medical and other fields will also relax the restrictions on foreign equity ratio. The next 15 years, Chinese imports of goods and services will exceed $30 trillion and $10 trillion respectively.

Third, to create a world-class business environment. China will accelerate the introduction of foreign investment regulations, foreign legal system perfect open, transparent, comprehensive and in-depth implementation of national treatment before admission plus the negative list management system. China will respect international business practices, to Chinese registered in the territory of all types of enterprises equal treatment and equal treatment. China will protect the legitimate rights and interests of foreign enterprises, and resolutely punished violations of the legitimate rights and interests of foreign especially the infringement of intellectual property, improve the quality and efficiency of intellectual property review review, introduce the punitive compensation system, improve the cost of illegal. The business environment is better, not the best. All countries should strive to improve their business environment, solve their own problems, can not always whitewash themselves, blaming others, not just as others, like flashlights, not take care of themselves.

Fourth, to create new heights of opening up. Chinese will support free trade zone, deepening reform and innovation, continue to deepen differentiated exploration, increase the pressure test, play test field test area of free trade reform and opening up effect. China will pay close attention to the study of Hainan put forward step and stage construction of the free trade policy and system, accelerate the exploration of the construction of China features free trade port process. This is a major move to expand Chinese opening, will promote the formation of a higher level of the new pattern of reform and opening up.

Fifth, to promote the further development of bilateral and multilateral cooperation. China has always advocated, firmly safeguard the rules of the world trade organization, to support the necessary reform of the world trade organization, jointly safeguard the multilateral trading system. Chinese may promote an early conclusion of the regional comprehensive economic partnership agreement, to accelerate negotiations on EU China investment agreement, to speed up the negotiation process of China Japan South Korea Free Trade area. Chinese will earnestly implement the eight Action Forum 2018 China Africa Cooperation summit in Beijing put forward "". Chinese support group of twenty, APEC, the Shanghai cooperation organization, the BRIC countries and other mechanisms to play a greater role in promoting global economic governance system towards a more equitable. Chinese will continue to build a "The Belt and Road", to jointly sharing, together with relevant countries to promote the construction of major projects, to build more trade promotion platform, encourage more competent and reputable enterprises to carry out China investment cooperation along the country, deepening the ecological, technological and cultural exchanges and cooperation in various fields and people's livelihood, international provide a platform for global cooperation and opening up.

Ladies and gentlemen, friends!

At present, the economy is generally stable, steady progress China. Before the three quarter, China GDP growth of 6.7% in the third quarter growth of 6.5%, consistent with the expected goal. The annual grain output is expected to remain at more than 1 trillion and 200 billion pounds. 11 million 70 thousand new urban jobs, the completion of the annual target ahead of schedule. From the main indicators of economic growth, employment, prices, balance of payments, corporate profits and fiscal revenue, labor productivity, Chinese economic operation in a reasonable range, the important foundation for achieving the annual target task. Compared with other major economies, economic growth is still the biggest in the world Chinese.

The prospects for economic development China, we can hold an optimistic attitude. The fundamentals of China economy healthy and stable development has not changed, conditions of production factors supporting high quality development has not changed, the overall trend of long-term stability in no change. China macro-control ability strengthens unceasingly, comprehensively deepen reforms continue to release momentum. With the construction of "The Belt and Road" solid progress, China with "The Belt and Road along the country's trade and investment cooperation to accelerate. China has many favorable conditions to maintain long-term healthy and stable development of the economy.

Of course, everything has its two sides, in the current international and domestic economic situation, China economic development has encountered some contradictions and problems, some areas of uncertainty has increased, increasing some enterprises operating difficulties, some areas of increased risks and challenges. Overall, these are the problems in advance, we are taking measures to solve the positive effect, have been or are being revealed.

Chinese is the second largest economy in the world, there is a big market of more than 1 billion 300 million people, about 9600000 square kilometers of land, China economy is a sea, rather than a small pond. The sea is in smooth water when there is rain. No rain, it is not the sea. Wild storms can turn over a small pond, but not over the sea. Experienced numerous wild storms, the sea was still there! After 5000 years of difficulties and hardships, China still here! For the future, Chinese will be here forever!

I believe that as long as we maintain a strategic concentration, deepening reform and opening up, the supply side to deepen structural reform, make great efforts to solve the outstanding contradictions and problems, Chinese economy will be able to accelerate to high quality development track, China people will all overcome difficult challenges on the road ahead, we will be able to usher in the development prospects of China more bright.

Ladies and gentlemen, friends!

A city is a city of character. Shanghai backed by the Yangtze River, facing the Pacific Ocean, long lead China openness. Shanghai has developed so well, with its open character, the advantages of open and open as closely linked. I used to work in Shanghai, feel open to Shanghai, Shanghai open to the importance of China. Open, inclusive innovation, Shanghai has become the most distinctive character. This character is a vivid portrayal of the progress of the development of the new era Chinese.

In order to better play an important role in the process of opening up of Shanghai and other areas we decided, one is to be added to China Shanghai free trade area of the film area, encourage and support Shanghai in promoting trade and investment liberalization and facilitation bold innovation, the accumulation of more marketing experience can be replicated. The second is the establishment of the Shanghai stock exchange by a board and pilot registration system, to support the Shanghai international financial center and technological innovation center construction, and constantly improve the basic system of capital market. The third is to support the development of regional integration in the Yangtze River Delta and the national strategy, focus on the implementation of the new concept of development, building a modern economic system, opening up to promote the deepening reform of higher starting point and higher level, with the "The Belt and Road" construction, the coordinated development of Beijing Tianjin Hebei, Yangtze River economic belt development, Hong Kong and Macao Bay area the construction of mutual cooperation, improve the China reform and open space layout.

Ladies and gentlemen, friends!

China International Import Expo by Chinese sponsored by the World Trade Organization and other international organizations and many countries to participate, not China solo, but the chorus. I hope all the guests at the Hongqiao international economic forum to discuss new ideas for the reform of global economic governance system, and jointly safeguard the free trade and the multilateral trading system, to build an open world economy innovation inclusive, to construct the human destiny goal make unremitting endeavor, to create a better future!

Thank you.

(Xinhua news agency, Shanghai, November 5)

"People's Daily" (06 November 2018 03 Edition)

(Yuan Bo Chang, commissioning editor: Malaysia)