Raising exports and imports will promote global cooperation
BEIJING: China will leverage high-level openness to promote the dual-circulation development pattern, which should not only help stimulate domestic consumption but attract foreign resources, the country’s top commerce official said.
While expanding domestic demand and ensuring the smooth flow of the internal circulation – the domestic cycle of production, distribution and consumption – China will continue to boost both exports and imports, as well as attract foreign direct investment, thereby strengthening its efforts for global cooperation, said Commerce Minister Wang Wentao.
The official said the dual-circulation paradigm will be the centerpiece of the overall effort and propel China toward sustainable and high-quality growth.
Openness to boost trade, FDI, spending-China will leverage high-level openness to promote the dual-circulation development pattern, which should not only help stimulate domestic consumption but attract foreign resources, the country's top commerce official said on Monday.
MIL-OSI China: Openness to boost trade, FDI, spending foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
China will leverage high-level openness to promote the dual-circulation development pattern, which should not only help stimulate domestic consumption but attract foreign resources, the country s top commerce official said on Monday.
While expanding domestic demand and ensuring the smooth flow of the internal circulation－the domestic cycle of production, distribution and consumption－China will continue to boost both exports and imports, as well as attract foreign direct investment, thereby strengthening its efforts for global cooperation, said Commerce Minister Wang Wentao.
The official said the dual-circulation paradigm will be the centerpiece of the overall effort and propel China toward sustainable and high-quality growth.
Openness to boost trade, FDI, spending chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.