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    Economy

    Highlights of Xis keynote speech at BFA annual conference opening ceremony(2)

    1
    2018-04-11 16:59Xinhua Editor: Gu Liping ECNS App Download

    — Better future

    I hope that people around the world will work together toward this community with a shared future for mankind and make Asia and the world peaceful, tranquil, prosperous, open and beautiful.

    — Community with a shared future for mankind

    With the future in mind, we need to treat each other with respect and as equals.

    With the future in mind, we need to promote dialogue and share responsibility.

    With the future in mind, we need to engage in cooperation for win-win results.

    With the future in mind, we need to uphold inclusiveness and seek harmony without uniformity.

    With the future in mind, we need to treat nature with respect and treasure our planet.

    — Chinese nation's missions in new era

    In this new era, the Chinese nation will continue to improve itself through reform.

    The Chinese people will continue to take bold steps in innovation to boost development.

    The Chinese people will continue to increase openness and expand cooperation.

    The Chinese people will continue to work together with the rest of the world and make greater contribution to humanity.

    — Free trade ports with Chinese characteristics

    We will pay equal attention to "bringing in" and "going global", and break new ground in opening China further through links running eastward and westward, across land and over sea.

    We will adopt policies to promote high-standard liberalization and facilitation of trade and investment, and explore the opening of free trade ports with Chinese characteristics.

    — Market access

    We will significantly broaden market access. A number of landmark measures are to be launched this year.

    We will ensure that these measures are materialized and at the same time make more moves toward further opening, including accelerating the opening-up of the insurance industry, easing restrictions on the establishment of foreign financial institutions in China and expanding their business scope, and opening up more areas of cooperation between Chinese and foreign financial markets.

    — Attractive investment environment

    we will create a more attractive investment environment.

    We will enhance alignment with international economic and trading rules, increase transparency, strengthen property rights protection, uphold the rule of law, encourage competition and oppose monopoly.

    In the first six months of this year, we will finish the revision of the negative list on foreign investment and implement across the board the management system based on pre-establishment national treatment and negative list.

    — IPR protection

    We will strengthen protection of intellectual property rights (IPR).

    This year, we are re-instituting the State Intellectual Property Office to strengthen the ranks of its officers, step up law enforcement, significantly raise the cost for offenders and fully unlock the deterrent effect of relevant laws.

    We encourage normal technological exchanges and cooperation between Chinese and foreign enterprises, and protect the lawful IPR owned by foreign enterprises in China.

    — Tariffs and imports

    We will take the initiative to expand imports.

    This year, we will significantly lower the import tariffs for automobiles and reduce import tariffs for some other products.

    We will import more products that are competitive and needed by our people.

    We will seek faster progress toward joining the WTO Government Procurement Agreement.

    — Belt and Road Initiative

    The BRI may be China's idea, but its opportunities and outcomes are going to benefit the world.

    China has no geopolitical calculations, seeks no exclusionary blocs and imposes no business deals on others.

    We can make the BRI the broadest platform for international cooperation in keeping with the trend of economic globalization and to the greater benefit of all our peoples.

      

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