CHINESE President Xi Jinping said on Tuesday China has full confidence to achieve this year’s economic growth target and will continue to play its role as the biggest engine of world economic growth.
Xi made the remarks during a meeting in Beijing with heads of major international economic organizations, who are here to attend the “1+10” dialogue.
The foreign dignitaries included President of the New Development Bank Dilma Rousseff, Managing Director of the International Monetary Fund Kristalina Georgieva, President of the World Bank Group Ajay Banga, and Director-General of the World Trade Organization Ngozi Okonjo-Iweala.
Xi briefed the guests on the third plenary session of the 20th Central Committee of the Communist Party of China, especially the important measures recently adopted by China. He said that after more than 40 years of sustained and rapid development, the Chinese economy has ushered in a phase of high-quality development, contributing around 30 per cent to the world economic growth.
China will further opening-up to the outside world, proactively align with high-standard international economic and trade rules, and build a market-oriented, law-based and internationalized business environment to provide more opportunities for and share more development dividends with other countries, he said.
China is willing to maintain dialogue, expand cooperation and manage differences with the US government, and push bilateral relations forward in the direction of steady, healthy and sustainable development, Xi said, expressing the hope that the US side will work with China in the same direction.
“Tariff wars, trade wars and sci-tech wars go against the trend of history and the laws of economics, and there will be no winners,” he said.
Noting the progress in the Belt and Road Initiative (BRI) over the past decade, Xi welcomed international economic organizations to continue actively participating in the BRI cooperation and promote the modernization of all countries that features peaceful development, mutually beneficial cooperation and common prosperity.
Xinhua
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