Comments from Xi in keynote address at annual party meetings:

Comments from Xi in keynote address at annual party meetings:
  • Xi says China has honored promises made at 2018 CIIE
  • China has made achievements in adding imports, cutting tariffs
  • Nation is to implement foreign investment law from Jan 1, 2020
  • All countries must deepen economic cooperation
  • We need to bring down trade barriers
  • Would should stick with multi-lateral trading system
  • China's door for opening up will be further widened
  • China will better leverage the fundamental role of domestic consumption in economic development
  • China will continues to lower tariffs and institutional transaction costs
  • To keep carefully watching impact of FX on prices and economy
  • China to create environment that respects IP value
  • China will speed up negotiations on China-EU investment agreement and China-Japan-South Korea FTA

"We need to tear down walls, not erect walls. We need to stand firm against protectionism and unilateralism," he said.