Openness and national security – Opinion

Economic security is becoming the defining criteria for trade and investment cooperation

WANG XIAOYING/CHINA DAILY

President Xi Jinping presented a strategic vision of national development that will impact global development for years ahead at the 20th National Congress of the Communist Party of China.

China has adhered to a policy of opening-up since 1978. This determination will have a long-term stabilizing impact on the world situation. President Xi promised to work hard to remove deep-seated institutional barriers to reforms and opening-up. He promised to transform China”s institutional strengths into effective governance. China hopes to attract global resources and production factors to strengthen its economy and improve the level and quality of trade and investment cooperation.

On the other hand, President Xi mentioned that challenges are concurrent and uncertainties and unforeseen factors are rising. He…

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