China to further cut tariffs, institutional costs

China will pay more attention to the role of import and continue to open up its market, Xi said.

Steps will be taken to further cut tariffs and institutional costs, nurture a batch of innovative demonstration zones for import facilitation, and expand import of high-quality products and services from other countries, he said.

China to further ease market access for foreign investment

Xi said the country will further ease market access for foreign investment and shorten the negative list.

China will continue to improve the business environment to make it more market-oriented, law-based and internationalized, he said.

China to adopt five measures to promote higher-level opening-up

Xi pledged that China will adopt five measures to promote higher-level opening-up:

-- Continue to expand market opening-up;

-- Continue to optimize the framework of opening-up;

-- Continue to improve business environment;

-- Continue to deepen multilateral and bilateral cooperation;

-- Continue to jointly build the Belt and Road.

Xi said he believes that China, bound to have even brighter economic development prospects, will provide other countries with more opportunities in terms of market, investment and growth.