Xi: Im­port expo be­longs to world

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

China Daily (Latin America Weekly) - - Front Page - 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.

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