The fundamentals of China’s long-term economic growth will not change: On President Xi Jinping’s keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference 2022 – Xinhua English.news.cn

The fundamentals of China’s long-term economic growth will not change——On President Xi Jinping’s keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference 2022

“China’s economy has strong resilience, ample potential, wide room for maneuver, and long-term positive fundamentals will not change. It will provide strong momentum for the stabilization and recovery of the world economy and provide countries with broader market opportunities.” April 21, President Xi Jinping He delivered a keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference 2022, advocating that all countries join hands to meet challenges and cooperate to create the future, emphasizing that “China will unswervingly adhere to the path of peaceful development, always be a builder of world peace, and contribute to global development. the defender of the international order”.

At present, the changes of the century and the epidemic of the century are superimposed on each other. The world has entered a new period of turbulence and change, and instability and uncertainty have risen significantly. All parties have common expectations for accelerating economic recovery following the epidemic and building a better world, but they also face many new difficulties and challenges. As the main stabilizer and power source of world economic growth, China’s economic development has attracted much attention. In 2021, China’s GDP will reach 114.4 trillion yuan, accounting for over 18% of the global economy. In the first quarter of 2022, China’s gross domestic product will grow by 4.8% year-on-year, and major macro indicators will remain within a reasonable range, achieving “steady door opening”. Under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at its core, all regions and departments have made overall plans for epidemic prevention and control and economic and social development. The economy continued to recover and developed, and the economy was running smoothly on the whole. Practice has fully proved that the fundamentals of my country’s economy remain stable and sound in the long run. The basic characteristics of my country’s economy with sufficient potential, great resilience, strong vitality, large room for manoeuvre, and many policy tools have not changed. my country’s development has many aspects. The advantages and conditions have not changed. We are full of confidence in the future of China’s economic development!

President Xi Jinping emphasized: “China will fully implement the new development concept, accelerate the construction of a new development pattern, and strive to promote high-quality development.” We deeply realize that implementing the new development concept is the only way for China to grow and develop in the new era. China’s proposal to build a new development pattern is to expand the domestic market, form a domestic and international dual cycle on a larger scale and on a larger scale, and create a more market-oriented, rule-of-law, and international business environment. Under the new development pattern, China’s market potential will be fully stimulated, creating more demand for other countries in the world; China’s door to opening up will be further opened to share development opportunities with other countries in the world; China’s foreign cooperation will continue to deepen and achieve mutual benefit with other countries in the world. win. China’s development is closely related to the fate of the world. It will more efficiently realize the interconnection of internal and external markets and the sharing of factor resources, so that the Chinese market will become the world’s market, a shared market, and everyone’s market. China will surely bring great benefits to the recovery of the world economy. Inject more positive energy into the international community.

China’s economy is a sea, and the world economy is also a sea, and the world’s oceans and oceans are all connected. No matter what changes take place in the world, China’s confidence and will in reform and opening up will not be shaken. President Xi Jinping announced in his keynote speech: China will expand high-level opening up, implement the negative list for foreign investment access, expand the scope of encouraging foreign investment, optimize foreign investment promotion services, and add comprehensive pilots for the expansion of the service industry; China will solidly promote free trade experiments. The construction of a free trade port in Hainan, China, and the international high-standard economic and trade rules will promote institutional opening; China will fully implement the “Regional Comprehensive Economic Partnership Agreement”, promote the negotiation and signing of high-standard free trade agreements with more countries and regions, and actively promote Join the Comprehensive and Progressive Trans-Pacific Partnership Agreement and the Digital Economy Partnership Agreement; China will adhere to the goals of high standards, sustainability and people’s livelihood, and actively promote high-quality joint construction of the “Belt and Road”. These practical measures and actions fully demonstrate that China’s determination to expand high-level opening up will not change, and its determination to share development opportunities with the world will not change, so as to promote economic globalization towards a more open, inclusive, inclusive, balanced and win-win direction. determination will not change. Adhering to the belief in openness, cooperation, unity and win-win, and unswervingly expanding opening up in an all-round way, China’s development will bring more new opportunities to all countries and inject more new momentum into the world economy.

More than two months ago, China presented the simple, safe and wonderful Beijing Winter Olympics and Paralympics to the world, bringing warmth and hope to people of all countries. In the second half of the year, the Communist Party of China will hold its 20th National Congress to draw a blueprint for China’s future development. Facing the future, China will, as always, demonstrate a big picture and a great responsibility, deepen exchanges and cooperation with other countries, create opportunities in opening up, solve problems in cooperation, and make new contributions to maintaining world peace and development and building a community with a shared future for mankind. Create a better tomorrow for mankind together.

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