China US economic and trade frictions white paper: China resolutely deepening reform and opening wider to the outside world

China US economic and trade frictions white paper: China resolutely deepening reform and opening wider to the outside world

Original Title: ("Sino-US Economic and Trade Friction" White Paper) White Paper: China Steadfastly Deepening Reform and Expanding Opening

Xinhua News Agency, Beijing, September 24 (Reporter Han Jie, Fang Dong) The White Paper on the Facts of Sino-US Economic and Trade Friction and China's Position, published by the Information Office of the State Council on the 24th, expounded China's position, pointing out that China is firmly committed to deepening reform and expanding opening up. Reform and opening up is China's basic national policy and the fundamental driving force for China's development.

The white paper points out that the direction of China's reform will not be reversed, but will continue to deepen. The door of China's opening will not be closed, but will become bigger and bigger. China will continue to deepen reform and open wider to the outside world in accordance with the established arrangements and rhythm, comprehensively promote the rule of law and build a socialist country ruled by law. China insists on giving full play to the decisive role of the market in the allocation of resources, giving better play to the role of the government, encouraging competition and opposing monopoly.

The white paper states that China, like other countries in the world, has the right to choose its own development path, including economic models, according to its own national conditions. As a developing country, China is not perfect. It is willing to learn from advanced experience and constantly improve its institutional mechanisms and policies through reform and opening up. China will do its own work well, firmly implement the strategy of innovation-driven development, accelerate the construction of a modern economic system and promote high-quality economic development.

The white paper emphasizes that China is willing to share new opportunities for China's development with the rest of the world. China will implement a high-level policy of trade and investment liberalization and facilitation, comprehensively implement the system of pre-entry national treatment plus negative list management, substantially relax market access, expand the opening up of services, further reduce tariffs, build a transparent, efficient and fair market environment, and develop a higher-level open economy. To create a more attractive investment environment and share prosperity with all the countries in the world that pursue progress. (finish)

Editor in chief: Liu Guangbo

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