China International Fair for Investment & Trade (CIFIT)
The 23rd China International Fair for Investment & Trade (CIFIT) will be held from Sept. 8 to 11 in Xiamen, east China's Fujian Province. The fair is expected to attract about 80,000 merchants from nearly 100 countries and region. Brazil, Serbia and Qatar will be present as the guest countries of honor at this year's fair.
I wish to reiterate that China's resolve to open up at a high standard will not change, and that the door of China will open still wider to the world. China will continue to foster an enabling business environment that is based on market principles, governed by law and up to international standards. China will pursue high-standard implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement and high-quality Belt and Road cooperation, and offer more market, investment and growth opportunities to the global business community.
Establishing new systems for a higher-level open economy is a strategic measure to promote reform and development through opening up. Centering around fostering a new development pattern, institutional opening up should be the focus when it comes to further reform of systems and mechanisms in such key areas for international exchange and opening up as investment, trade, finance, and innovation, so as to improve supporting policies and measures, and proactively elevate the country's opening up to a higher level.