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China Daily / 2020-08 / 26 / Page001

Nation remains committed to reform, opening-up

By CAO DESHENG | CHINA DAILY | Updated: 2020-08-26 00:00

Forty years ago, China created four special economic zones in the southeastern coastal cities of Shenzhen, Zhuhai and Shantou in Guangdong province and Xiamen in Fujian province as part of the country's opening-up drive to encourage foreign investment and boost economic growth.

Ever since then, by adhering to its fundamental State policy of opening-up, China has aligned itself with the economic globalization process, and emerged to be the world's second-largest economy.

As the COVID-19 pandemic has plunged the world economy into recession, China remains committed to expanding opening-up to bolster its high-quality growth and to promoting globalization and inclusive development.

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