[Explanation] On the morning of April 21, the Boao Forum for Asia Annual Conference 2022 held the opening ceremony.
Chinese President Xi Jinping attended the opening ceremony by video and delivered a keynote speech.
Xi Jinping pointed out that no matter what changes take place in the world, China's confidence and will in reform and opening up will not be shaken.
[Explanation] Wu Yabin, director of the UNIDO Investment and Technology Promotion Office (Beijing, China), said that a more open economy is a safer, more stable and faster-growing economy.
China's move shows two confidences.
[Concurrent] Wu Yabin, Director of UNIDO Investment and Technology Promotion Office (Beijing, China)
One is that in the face of the current global epidemic that has not been completely over, the Chinese government and people have overcome the epidemic, overcome the difficulties of the epidemic, and restored confidence in the coordinated development of the economy and society.
The second point is that China has in fact stabilized the global supply chain and value chain for the world and injected a strong confidence into the recovery of the world economy.
[Explanation] China will expand high-level opening to the outside world, thoroughly implement the negative list for foreign investment access, expand the scope of encouraging foreign investment, optimize foreign investment promotion services, and add comprehensive pilots for expanding the opening up of the service industry.
A series of commitments made by China are regarded as positive by foreign companies and institutions in China.
[Concurrent] Guo Yi, Managing Director and Global Partner of Boston Consulting Group
We have strengthened our belief in investment and development in China. For example, this time, we also timely proposed a lot of preferential foreign investment, or these measures to expand the scope of foreign investment. It can be said that in this regard, it has also strengthened the feasibility of these foreign-funded enterprises rooted in China. Continued development of this confidence.
[Explanation] China will fully implement the "Regional Comprehensive Economic Partnership" (RCEP), promote the negotiation and signing of high-standard free trade agreements with more countries and regions, and actively promote accession to the "Comprehensive and Progressive Trans-Pacific Partnership Agreement" and "Digital Economic Partnership Agreement.
This series of actions will also inject strength into regional and world economic recovery.
[Concurrent] Li Yong, Chairman of Huayong Group
If the 15 countries of RCEP are within the scope of this organization, if they have achieved a high degree of trade liberalization, they will definitely compete with other regions, which will enhance the liberalization level of the entire global trade.
Because it reduces the level of tariffs, it lowers the threshold for our investment, and can enjoy the same treatment in the investment country as the domestic enterprises of the investment country, which is very helpful for us, an overseas investment enterprise.
Reporter Liu Chao Wang Enbo reported from Boao, Hainan
Responsible editor: [Luo Pan]