China Pledges Further Support for Economic Globalization, High-quality Opening-up

A report from chinadaily.com.cn on Mar. 4th, 2025:

China will firmly support and participate in economic globalization, expand high-quality opening-up and collaborate with other economies to share opportunities and achieve joint development, said Liu Jieyi, spokesman for the third session of the 14th National Committee of the Chinese People’s Political Consultative Conference, at a news conference on Monday.

Liu highlighted that China has been accelerating the construction of a new economic system, making progress in the Belt and Road Initiative and establishing platforms for promoting economic cooperation. As the world’s largest trading country and the second-largest importing market, China has become the biggest engine of global economic growth over the past year.

He added that China aims to promote inclusive economic globalization and actively participate in global economic governance, demonstrating China’s sense of responsibility.

China will continue to improve the institutional mechanism for high-quality opening-up, steadily expand systematic opening-up, deepen reforms in the foreign trade system and management system for foreign investment and improve the high-quality construction of the BRI, promoting opening-up in a wider range of areas and in greater depth, he said.