Xi Jinping: The more we face challenges, the more we must follow the logic of historical advancement, conform to the development trend of the times, respond to the expectations of the people, and achieve higher-quality development under more open conditions.
This passage comes from a speech by Xi Jinping at the 30th Anniversary Celebration of Pudong Development and Opening up on November 12, 2020.
During the "14th Five-Year Plan" period, economic and social development should be based on the promotion of high-quality development.
Against the background of the complex and changeable external environment, General Secretary Xi Jinping’s important exposition has pointed out the direction for my country’s future development.
Openness is a distinctive mark of contemporary China.
The Service Trade Fair, the Canton Fair, and the China International Import Expo were held one after another; the total number of comprehensive cross-border e-commerce pilot zones across the country reached 105, and the number of free trade pilot zones reached 21; the “Belt and Road” construction was advanced to a higher level in an orderly manner; "Regional Comprehensive Economy The Partnership Agreement (RCEP) was officially signed, and the world's largest free trade zone was born... China is unswervingly following the path of reform and opening up, and is constantly achieving higher-quality development.
Achieving higher-quality development under more open conditions adheres to the concept of a community with a shared future for mankind, and also reflects China's role as a responsible major country.
To comprehensively improve the level of opening up to the outside world and build a new system for a higher level of open economy is not to pursue speed, scale, and quantity one-sidedly, but to extend the industrial chain, optimize the supply chain, enhance the value chain, and empower the blockchain to establish "Efficient, safe, healthy, green, intelligent, ecological" production and marketing system, out of the vicious circle of low efficiency, repeated construction, and convergent investment.
Standing at the historical intersection of the "two centenary" goals, China's realization of higher-quality development under more open conditions is actually to better realize internal and external market connectivity and share factor resources, thereby promoting China's economy High-quality development, and make China's development better benefit the world.
(Special expert in this issue: Hong Tao, Director of the Institute of Business Economics, Beijing Technology and Business University)