What does China's new development paradigm involve?
79. What does China's new development paradigm involve.mp3
Editor's note: This 100-episode podcast explains how China really works. Exploring Xi Jinping Thought and how the Chinese president's approach has shaped the governance of China, the podcast decodes the country's growth story to help you truly understand its success and challenges.
Going forward, China will stay committed to openness, cooperation and unity for win-win results.
- Chinese President Xi Jinping
Very soon, China will achieve the goal of finishing building a moderately prosperous society in all respects and eradicating poverty. From next year on, China will begin a new journey toward fully building a modern socialist country. It will mark a new stage for China's development. Answering to the changing circumstances and new requirements, we have set out to foster a new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other. What we envision is not a development loop behind closed doors, but more open domestic and international circulations. We will do so not only to meet China's own development needs but also for the greater benefit of people in all countries.
Going forward, China will stay committed to openness, cooperation and unity for win-win results. We will steadfastly expand all-round opening up and explore more efficient ways to connect domestic and foreign markets and share factors of production and resources. Our aim is to turn the China market into a market for the world, a market shared by all, and a market accessible to all. This way, we will be able to bring more positive energy to the global community.
(Source: Extract from Xi Jinping's keynote speech at opening ceremony of 3rd China International Import Expo, November 4, 2020.)