China to leverage on openness to boost economy

Raising exports and imports will promote global cooperation

BEIJING: China will leverage high-level openness to promote the dual-circulation development pattern, which should not only help stimulate domestic consumption but attract foreign resources, the country’s top commerce official said.

While expanding domestic demand and ensuring the smooth flow of the internal circulation – the domestic cycle of production, distribution and consumption – China will continue to boost both exports and imports, as well as attract foreign direct investment, thereby strengthening its efforts for global cooperation, said Commerce Minister Wang Wentao.