China on a new journey with new opportunites
THE 20th National Congress of the Communist Party of China (CPC) was convened in Beijing from October 16th to 22nd, 2022. And China has embarked on a new journey of building a modern socialist country in all respects and will advance the rejuvenation of the Chinese nation on all fronts through a Chinese path to modernisation. At the same time, China will create new opportunities for the world with new advances in China's development and contribute its vision and strength to world peace and development and human progress.
China's far-reaching blueprint boosts global confidence
Chinese President Xi Jinping has firmly pledged to keep opening China's door wider to a world facing ever pressing challenges.
For decades, China has kept its door open and become a major trading partner for over 140 countries and regions.
It has taken a host of concrete steps to improve its business environment and level the playing field for domestic and foreign firms, like rolling out the Foreign Investment Law and expanding foreign investors' access.
Principal adviser of Malaysia's Pacific Research Center Oh Ei Sun said China's commitment to promoting high-standard opening up is positive for the rest of the world, as countries are trying to recover from the COVID-19 recession.
Just as China cannot develop in isolation from the world, the world needs China for its development. In the past decade, China has become a major driving force for global growth.
From 2013 to 2021, its contribution to global economic growth averaged 38.6 percent.
Since the COVID-19 pandemic, China, which has managed to coordinate pandemic control and economic development, remains a stabiliser for global supply and industrial chains, and an engine for world economic recovery.
A responsible major country
Stressing that the world is grappling with unprecedented challenges, Chinese President Xi Jinping said that they will work with peoples of all other countries to champion humanity's shared values of peace, development, fairness, justice, democracy and freedom to safeguard global peace and promote global development, and keep promoting the building of a human community with a shared future.
President Xi's vision strikes a chord with analysts who are upbeat about the blueprint outlined at the 20th CPC National Congress, which will guide China's efforts to further promote cooperation with the rest of the world.
Director of the International Reporters
Department at Saudi Arabia's Ministry of Media Hussain Alshammari said that Xi's remarks reflect the aspirations of many countries for peaceful co-existence and win-win cooperation with other countries while addressing common challenges.
"China's vision of building a human community with a shared future is gaining support from more countries and will play a vital role in promoting world peace and development," he said.
From initiating the Asian Infrastructure Investment Bank and the New Development Bank to taking the lead in implementing the UN sustainable development agenda, China has always been a builder of world peace, a contributor to global development, a defender of the international order and a provider of public goods.