Opinion Flash
Promoting economic globalization via higher level opening-up
Updated: 2019-01-11 17:55

Facts have proven that China's successful development benefited from reform and opening-up. No matter what happens to the external environment and conditions in the future, China will stick to this path, according to Quan Heng, vice-president of Shanghai Academy of Social Science, Guangming Daily reported.

In the past 40 years of reform and opening-up, China has made historic achievements in economic and social development and undergone historic changes. In particular, opening-up has greatly promoted the development of productive forces, significantly improved the people's living standards, effectively improved the socialist market economy and promoted the common development of all countries around the world.

Profound changes have taken place in the external environment during China's opening-up. For example, the recovery process of world economic growth is full of uncertainties, opposition to globalization is rising and the process of economic globalization is slowing down.

China will adhere to the concept "China's open door won't shut down, would be more open" proposed by President Xi Jinping, speed up the formation of the new pattern of fully opening-up and establish a new system of an open economy with a high level of development, leading China's economy toward high-quality development.

 

Facts have proven that China's successful development benefited from reform and opening-up. No matter what happens to the external environment and conditions in the future, China will stick to this path, according to Quan Heng, vice-president of Shanghai Academy of Social Science, Guangming Daily reported.

In the past 40 years of reform and opening-up, China has made historic achievements in economic and social development and undergone historic changes. In particular, opening-up has greatly promoted the development of productive forces, significantly improved the people's living standards, effectively improved the socialist market economy and promoted the common development of all countries around the world.

Profound changes have taken place in the external environment during China's opening-up. For example, the recovery process of world economic growth is full of uncertainties, opposition to globalization is rising and the process of economic globalization is slowing down.

China will adhere to the concept "China's open door won't shut down, would be more open" proposed by President Xi Jinping, speed up the formation of the new pattern of fully opening-up and establish a new system of an open economy with a high level of development, leading China's economy toward high-quality development.