High-level opening-up ushers quality development in a new year
2 months, 3 weeks ago

High-level opening-up ushers quality development in a new year

China Daily  

Workers sort pine nuts at a workshop in Meihekou, Jilin province, on Nov 13. In summary, the essence of advancing institutional opening-up lies in fully leveraging China's advantages, helping reform the global economic governance system and leading its development. The initiative strengthens multilateral cooperation, lifting institutional opening-up to new levels, thereby shaping a fairer and more reasonable and efficient global economic governance system. Specifically, the initiative promotes shared decision-making rights in rule-making among participating countries, strengthening cross-border integration of digital and green trade rules, and developing multilevel digital trade and green investment suited to various levels of development. The initiative, in essence, represents China's commitment to expand institutional opening-up and contribute to global governance reform in order to make the global economic system fairer, and more efficient and sustainable.

History of this topic

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