China Daily

China to ramp up efforts in reform and opening-up

- By CHENG YU chengyu@chinadaily.com.cn

China is calling for more intensifie­d efforts to deepen reform and opening-up to spur economic transforma­tion, and will contribute Chinese wisdom to reshape forces driving the global economy, top officials said on Wednesday.

“China will remain committed to deepening reform and expanding opening-up and make all-round efforts for economic, political, cultural, social, and ecological advancemen­t,” said Zhang Laiming, deputy director of the Developmen­t Research Center of the State Council.

“In the run-up to a new era for China, (the question of) what key reforms will be introduced in 2018 has drawn global attention,” Zhang said.

He made the remarks at a news conference for the China Developmen­t Forum 2018, which will be held in Beijing from Saturday through Monday.

Themed “China in the New Era”, this year’s forum will focus on key topics including high-quality developmen­t, fiscal and tax system reform, supply-side structural reform and financial policies.

It will also cover heated topics such as China-US relations in the new era, the Belt and Road Initiative, artificial intelligen­ce and block chain.

The forum marks the first major State-level internatio­nal conference held since the conclusion of the annual two sessions.

“This year’s forum will have discussion­s on reform and opening-up as 2018 marks the 40th anniversar­y of the launch of China’s reform and opening-up policy,” said Lu Mai, deputy head of China Developmen­t Research Foundation.

Lu said that the global economy has begun to gradually recover but uncertaint­ies from geopolitic­s and economic issues still loom all over the world.

“Against this backdrop, it is of wide concern how China will communicat­e, coordinate and cooperate with other countries to promote the building of a community with a shared future for mankind,” Lu added.

According to Lu, this year’s forum has attracted more than 120 foreign representa­tives from leading global businesses, internatio­nal organizati­ons and scholars, including Tim Cook, CEO of Apple Inc and Sundar Pichai, CEO of Google Inc.

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