Xi reassures foreign firms on opening-up

Message to development forum says nation to create opportunities for world

China will steadily expand institutional opening-up with regard to rules, regulations, management and standards, and will work with all countries and parties to share opportunities arising from it, President Xi Jinping said on Sunday.

In a congratulatory letter sent to the China Development Forum 2023, Xi said China will remain committed to its fundamental national policy of opening up to the outside world, pursue a mutually beneficial strategy, and continue to create opportunities for the world with new advances in China's development.

Xi said that at present, momentous changes of a like not seen in a century are accelerating across the world, regional conflicts and disturbances are frequent, and the global economic recovery is sluggish. He added that the facilitation of global economic recovery requires consensus and cooperation. The Global Development Initiative proposed by China has received wide support and an active response from the international community, said Xi.