Policy

Xi Focus-Quotable Quotes: Xi Jinping on economic globalization

BEIJING
2021-11-04 15:21

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BEIJING, Nov. 4 (Xinhua) -- President Xi Jinping will deliver a keynote speech via video at the opening ceremony of the fourth China International Import Expo (CIIE) and the Hongqiao International Economic Forum.

At previous CIIEs and forums, Xi has introduced a slew of opening-up policies and talked about economic globalization in the past three years. The following are some highlights of his quotes:

-- Answering to the changing circumstances and new requirements, we have set out to foster a new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other. What we envision is not a development loop behind closed doors, but more open domestic and international circulations. We will do so not only to meet China's own development needs but also for the greater benefit of people in all countries.

-- Our aim is to turn the China market into a market for the world, a market shared by all, and a market accessible to all. This way, we will be able to bring more positive energy to the global community.

-- Economic globalization represents the trend of history. Like the world's great rivers, the Yangtze, the Nile, the Amazon and the Danube -- they all surge forward in relentless flow, and nothing can stop their mighty movement, not the current of undertows or hidden shoals or rocks beneath the water.

-- We need to "join hands" with each other instead of "letting go" of each other's hands. We need to "tear down walls," not to "erect walls." We need to stand firm against protectionism and unilateralism. We need to continually bring down trade barriers, optimize global value and supply chains, and jointly foster market demand.

-- Efforts to reduce tariff barriers and open wider will lead to inter-connectivity in economic cooperation and global trade, while the practices of beggaring thy neighbor, isolation and seclusion will only result in trade stagnation and an unhealthy world economy.

-- China will remain a strong advocate of openness at the global level, and will continue to act as a stable engine of global growth, a big market with enormous opportunities and an active supporter of global governance reform.

-- China's initiative to expand imports is not a choice of expediency. It is a future-oriented step taken to embrace the world and promote common development.
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