China's President Xi Jinping speaks during a CEO Dialogue forum via video link, ahead of the Asia-Pacific Economic Cooperation (APEC) leaders' summit, hosted by APEC Malaysia, November 19, 2020.
APEC CEO DIALOGUES MALAYSIA 2020/via REUTERS TVBEIJING (Reuters) - China will continue to cut its tariffs and expand imports of high-quality goods and services, Chinese President Xi Jinping said on Thursday, while vowing to push reforms and promote an innovation-driven growth model.
China will pursue higher quality growth through its “dual circulation” development model, driven by technological innovation, Xi said.
“Our new development pattern is not a closed domestic single circulation, but an open and mutually promoting domestic and international dual circulation,” Xi said.
Xi also said China will sign free trade pacts with more countries and will promote a high-quality Belt and Road initiative.
Xi Jinping, ” Xi, Xi, “
Economic Cooperation, APEC Malaysia, REUTERS, BEIJING
Asia, MALAYSIA, China