Published: 11:49, March 25, 2023 | Updated: 09:27, March 26, 2023
Official: China to accelerate high-level opening-up
By Zhou Lanxu and Zhang Yue

A crane loads containers at Erenhot Port in North China's Inner Mongolia autonomous region. (PHOTO / XINHUA)

BEIJING – China will firmly push ahead high-level opening-up as part of its efforts to strengthen long-term development momentum, said Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic Affairs.

Taking reform and opening-up as the key driver of growth, the country will further expand market access and steadily advance opening-up in the respect of rules, regulations, management and standards, Han said at the Economic Summit of the China Development Forum 2023 on Saturday.

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Han's remarks came after Craig Allen, president of the United States-China Business Council, and representatives of the organization's member companies, said on Friday that the members remain committed to their long-term development in China.

Han added that China's economic and financial stability will have a positive spillover for the international financial market that is experiencing volatility, with the country's monetary policy having relatively large space to maneuver as inflation remains mild.

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Efforts will also be made to address demographic challenges, including improving the policies to support childbirth and perfecting the system of elderly care services, Han said.