President Xi Jinping delivers a speech via video at the opening ceremony of the fifth China International Import Expo on Friday, Nov 4, 2022. [Photo/Xinhua]

President Xi Jinping delivered a speech via video at the opening ceremony of the fifth China International Import Expo on Friday. Here are some highlights:

CIIE a public good for world

The CIIE has become a showcase of the country's new development paradigm, a platform for high-standard opening-up, and a public good for the whole world. 

Significance of openness stressed

Openness is a key driving force behind the progress of human civilizations and an intrinsic path toward global prosperity and development.

China to create new opportunities for the world

China will amplify the interplay between domestic and international markets and resources, strive to create new opportunities for the world with our own development, and contribute our share to building an open global economy.

China to share opportunities in its vast market

China will step up efforts to cultivate a robust domestic market, upgrade trade in goods, develop new mechanisms for trade in services, and import more quality products.

China to share opportunities from its institutional opening-up

China will steadily expand institutional opening-up with regard to rules, regulations, management and standards, put into full effect the new Catalogue of Encouraged Industries for Foreign Investment, and further develop the national integrated demonstration zone for greater openness in the service sector.

China to share opportunities from deepened intl cooperation

China will engage fully and deeply in WTO reform negotiations, promote trade and investment liberalization and facilitation, and enhance international macro-economic policy coordination, with a view to jointly fostering new drivers for global growth.