China Daily

Xi: Import expo belongs to world

Event marks steps to open market, boosts global trade, president says

- By CAO DESHENG caodesheng@chinadaily.com.cn

The inaugural China Internatio­nal Import Expo, which opens in Shanghai on Monday, is hosted by China but belongs to the world, President Xi Jinping said on Sunday.

The expo is not an ordinary event, but marks China’s new round of advancing high-level opening-up as well as the country’s taking significan­t steps to open its market to the rest of the world, Xi said when addressing a banquet that he and his wife, Peng Liyuan, hosted in Shanghai to welcome foreign guests attending the event.

Xi said the expo will help deepen internatio­nal trade and economic cooperatio­n, promote Belt and Road constructi­on and advance economic globalizat­ion.

It will make positive contributi­ons to enhancing the wellbeing of peoples from around the world as well as building a community with a shared future for mankind, he added.

Noting that Shanghai is the country’s economic center and has been at the forefront of China’s reform and openingup over the past four decades, Xi said the city has witnessed the historic process of China’s opening-up and cooperatio­n with other countries.

On Monday, Xi will deliver the keynote speech at the opening of the six-day event, which will see participat­ion of more than 3,000 companies from over 130 countries and regions eager to take advantage of the opportunit­ies it presents.

Leaders of 18 countries will attend the expo. Xi will join foreign leaders to visit pavilions of different countries at the expo.

The import-themed expo, the first one organized at the national level, is considered a new platform for other countries’ products to access the vast Chinese market.

Xi announced China’s hosting of the expo at the opening ceremony of the Belt and Road Forum for Internatio­nal Cooperatio­n in Beijing in April last year. Since then, Xi has on various occasions extended invitation­s to the rest of the world to attend the event.

When addressing the opening of the Boao Forum for Asia in April, Xi said the expo shows China’s concrete measures to open its market.

At the BRICS Summit held in Johannesbu­rg in July, Xi told leaders at the summit that hosting the expo is a major action China takes to firmly uphold free trade and pursue opening-up.

In a telephone conversati­on with US President Donald Trump on Thursday, Xi said the expo has shown China’s willingnes­s to increase imports and further expand its opening-up, and he is glad to see many US companies enthusiast­ically participat­e in the event.

 ?? XU JINGXING / CHINA DAILY ?? President Xi Jinping and his wife, Peng Liyuan, lead guests attending the China Internatio­nal Import Expo to a welcoming banquet in Shanghai on Sunday.
XU JINGXING / CHINA DAILY President Xi Jinping and his wife, Peng Liyuan, lead guests attending the China Internatio­nal Import Expo to a welcoming banquet in Shanghai on Sunday.

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