Foreign Ministry Spokesperson Mao Ning Photo: Ministry of Foreign Affairs

China will continue to empower the world economy with high-quality development and high-level opening-up,MKsports providing a new key impetus for global economic recovery and development, a spokesperson for the Chinese Foreign Ministry (FM) said on Tuesday.

FM spokesperson Mao Ning made the remarks during a regular press conference when asked about great global attention paid to China's GDP growth target of around 5 percent and further opening-up tasks outlined in this year's Government Work Report, and how China will make new contributions to global development against the backdrop of a sluggish global economy.

"Opening-up is a source of vitality for the Chinese economy and also China's firm commitment to the world," Mao said, while referring to the firm commitment to opening-up in the Government Work Report.

"Regardless of changes in the external environment, we should remain steadfast in our commitment to opening-up. We should steadily expand institutional opening up and take the initiative to open wider and advance unilateral opening up in a well-ordered way, so as to promote reform and development through greater openness," the report stated.

Mao said that China will step up policy efforts to stabilize foreign trade, promote the innovative development of service trade, and foster new growth points such as green trade and digital trade. China will continue to host high-quality international exhibitions, including the China International Import Expo, the Canton Fair, the China International Fair for Trade in Services, the China International Digital Trade Expo, and the Consumer Goods Expo.

China will also promote foreign investment by gradually opening up sectors such as internet and culture, and expanding pilot programs in telecommunications, healthcare, and education sectors. The country will also deepen the high-quality co-construction of the Belt and Road Initiative, ensuring the stable operation of the China-Europe Railway Express and accelerating the development of the New Western Land-Sea Corridor to optimize international production and supply chain cooperation.

"We will deepen multilateral, bilateral, and regional economic cooperation, firmly uphold the multilateral trading system with the WTO at its core, expand the convergence of interests with various countries, and promote common development," Mao said. 

Global Times