SOURCE / ECONOMY
China committed to promoting high-level openness, building common development: Foreign Ministry
Published: Mar 06, 2024 05:01 PM
Mao Ning profile photo Photo: official website of the Chinese Ministry of Foreign Affairs

Mao Ning profile photo Photo: official website of the Chinese Ministry of Foreign Affairs



China is committed to promoting high-level openness, fostering mutual benefit and win-win outcomes, and welcomes foreign diplomats stationed in China to observe China's annual two sessions, the Foreign Ministry said on Wednesday.

Foreign Ministry spokesperson Mao Ning highlighted the significance of the two sessions not only for China's political landscape but also as a crucial window through which the international community could better understand China. "We welcome foreign diplomats stationed in China to attend the two sessions," Mao said.

The Government Work Report conveyed a key message that China will broaden high-level openness through enhanced foreign investment, deeper economic cooperation, and active participation in global governance reforms, Mao noted.

By providing better service to foreign investment, especially in the manufacturing and service sectors, China aims to create a more attractive environment for foreign businesses. The country is dedicated to improving the quality of services for foreign investors, and facilitating a more welcoming atmosphere for foreigners living, working, or studying in China, Mao said.

The spokesperson stated that China is set to drive high-quality development via the Belt and Road Initiative, focusing on broad cooperation in digital, green, innovation, health, tourism and poverty reduction in partner economies. 

Mao emphasized that China intends to deepen multilateral, bilateral, and regional economic cooperation, working towards implementing existing free trade agreements (FTAs) and negotiating high-standard FTAs and investment deals with more countries and regions.
 
The country will actively participate in the reform of the World Trade Organization (WTO) and promote the construction of an open world economy to share the benefits of cooperation and win-win outcomes across the global community, Mao added.

"Openness leads to progress, and cooperation creates the future. China's determination to expand its high-level openness will not change, nor will its resolve to share development opportunities with the world. China will continue to uphold the concept of openness and strengthen mutually beneficial cooperation with all countries to achieve common development," Mao said.