China will stick to an open and win-win path in the new era.

Opening-up is the path China must take to achieve prosperity and development. President Xi Jinping pointed out that "What has happened proves that opening-up was key to China's economic growth over the past 40 years and in the same vein, high-quality development of China's economy in the future can only be achieved with greater openness".

At present, the world is undergoing great development, transformation and adjustment. The road to world economic recovery is hard and tortuous; economic globalization experiences twists and turns; and unilateralism and protectionism are on the rise. These are the challenges facing all countries. Under the new conditions, China will adhere to its fundamental national policy of opening up, actively promote international cooperation under the Belt and Road Initiative, and strive to create a future that is open, innovative, inclusive and mutually beneficial.

We will unswervingly promote opening-up on a higher level, significantly relax market access, create a more attractive environment to investment, implement high-standard policies of trade and investment liberalization and facilitation, explore building free trade ports with Chinese characteristics, and make new ground in pursuing opening-up on all fronts.

We firmly support an open world economy, defend WTO rules, support the multilateral trading system, promote regional economic integration, facilitate the building of free trade areas, oppose protectionism in all its forms and manifestations, take the initiative in opening the market, and push economic globalization in the direction of becoming more open, inclusive, balanced and beneficial to all.

China remains committed to building a community with a shared future for mankind, follows the principle of achieving shared growth through discussion and collaboration in engaging in global governance, and works to build a framework for major country relations featuring overall stability and balanced development. China will deepen relations with its neighbors in accordance with the principle of amity, sincerity, mutual benefit, and inclusiveness.

China will, guided by the principle of upholding justice while pursuing shared interests and the principle of sincerity, real results, affinity, and good faith, work to strengthen solidarity and cooperation with other developing countries. China will fulfill its international responsibilities and obligations, advance international economic cooperation and exchanges, and promote common development.

Economic globalization is an irreversible trend of the time. The multilateral trading system, with the WTO at its core, underpins international trade and enables its healthy and orderly development. China will continue to be an active participant in, steadfast supporter of, and important contributor to the multilateral trading system.

China will pursue high-quality development with high-standard opening-up, and share the opportunities and benefits with other countries as it opens up further. This is a strategic decision based on China's own development needs, and a concrete action to deliver the benefits of economic globalization to people around the world.