China shows firm determination on opening-up policy
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It is known to all that China's reform and opening-up policy has boosted the country's development and prosperity over the past three decades.
Despite the current global financial crisis and economic downturn, China is still determined to pursue the opening-up policy as it is stressed during the ongoing parliamentary sessions in Beijing.
In his government report to the annual session of the National People's Congress (NPC) on Friday, Chinese Premier Wen Jiabao said the Chinese government would continue to resolutely push forward reform and further deepen opening-up drive, making the policy one of the top priorities.
Past experience has proven that China owes its development to the reform and opening-up policy, which has become a vital precondition for the healthy exchange between the Chinese and the global economy.
In 1978, China decided to launch the reform and opening-up drive. Over the past three decades, China has scored remarkable achievements and historic changes, becoming the third largest economy in the world thanks to the policy.
During the process of opening-up, China has witnessed increasingly prosperous economic growth, and in return, China's economy has provided more impetus and room for the growth of the global economy at large.
Taking the current international financial crisis for example, China has actively participated in the international dialogue on economic coordination and implemented massive stimulus plans.
The move has not only helped maintain stable growth for domestic economy but also is widely considered to be a vital force to help drive the global economy out of the bottom.
Over the past days when China's parliamentary sessions were convening in Beijing, quite a lot of foreign media have spoken highly of China's policy of reform and opening-up.
Russia's Nezavisimaya Gazeta daily commented that China has become a force to help many of its trading partners get out of economic difficulties.
Korean Economy, an economic magazine from South Korea, said China's role in the global economy has witnessed substantial change, shifting from "world factory" to "world market" during the global financial crisis.
As a matter of fact, an opening China has created more and more opportunities for international trade dealers and overseas investors.
In its World Trade Report 2009, the World Trade Organization pointed out that China was becoming the engine to fuel up the growth of international trade.
According to a report issued by the UN Conference on Trade and Development in January, China has ranked second across the world in attracting foreign direct investment.
China's Commerce Ministry said China had seen more drop in exports than in imports in 2009.
All these facts imply that China's potential as a major global consumption market is being tapped.
Moreover, despite the severe global financial crisis and economic downturn, China has honored its commitments to opening-up, shouldering its responsibility as an important member of world economy.
Although the global financial crisis has triggered rising trade protectionism across the globe, which has exerted unfavorable impact on China, the country has still adhered to the principle of free trade and opening market, said Spanish news website China Policy Review.
In the post-crisis era, the world economy has not yet come out of the downturn and various risks are still ahead.
Despite the fact that China has fallen victim to trade and investment protectionism, China has shown during the current parliamentary sessions its firm determination to further open up to the world.
China has vowed to work for early conclusion of the Doha round world trade talks and is actively preparing for the upcoming Shanghai World Expo, which demonstrates China's sincerity and confidence in pursuing the opening-up policy.
To sum up, adherence to the policy of opening-up is one of the answers China has offered to the world in addressing global financial crisis. The reason is simple: it is inseparable between China's development and the world's as a whole.
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