China vows to open its door wider to world

Aerial photo taken on Jan 11, 2021 shows a view of the Pacific international container terminal at Tianjin Port in North China's Tianjin. - Xinhua

BEIJING (China Daily/Asia News Network): China's latest commitment to expanding high-level opening-up is expected to reassure foreign investors of the nation's promise to relentlessly open its door wider and share development dividends with the rest of the world despite the rising tide of protectionism in some countries.

In a virtual keynote speech to the opening ceremony of the BRICS Business Forum held on Wednesday, President Xi Jinping said that China will continue to pursue opening-up of higher standards, develop new systems for a higher-standard open economy, foster a business environment that is based on market principles, governed by law and up to international standards.