Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
International Relation

China to create more opportunities of mutually beneficial cooperation for all: FM spokesperson

December 17, 2020


Abstract : China will provide more opportunities for mutually beneficial cooperation for all countries, and will contribute more to the stability and prosperity of the post-pandemic world, a Foreign Ministry spokesperson said Wednesday.

Wang Wenbin speaks at a regular press conference of China's Foreign Ministry on Dec. 16, 2020. (Photo from the Foreign Ministry website)

BEIJING, Dec. 16 (Xinhua) -- China will provide more opportunities for mutually beneficial cooperation for all countries, and will contribute more to the stability and prosperity of the post-pandemic world, a Foreign Ministry spokesperson said Wednesday.

The constant inflow of foreign direct investment (FDI) into China demonstrates the world's confidence in China's economic prospect and the outcome of China's endeavor to forge a new development paradigm and expand opening up, spokesperson Wang Wenbin told a press briefing when commenting on recent remarks by foreign media outlets and institutions about China's facilitating role in the global economic recovery, as indicated by the growth of China's actual utilized FDI for eight consecutive months.

Wang said over the year, China has not only opened up broad space for its economic development but also injected strong impetus into world economic recovery, citing China's implementation of Foreign Investment Law and related regulations, the shortening of negative lists applied to pilot free trade zones, and the release of a master plan for Hainan free trade port.

China has become the largest trading partner with the Association of South-East Asian Nations, the European Union and the United States, according to Wang.

For the first three quarters of the year, China has witnessed a 29.7 percent increase of the direct investment in non-financial sectors in Belt and Road countries, and the Organization for Economic Cooperation and Development predicted that China is expected to account for over one-third of global economic growth in 2021, the spokesperson said.

"As China opens its door wider to the outside world, it will create more opportunities of mutually beneficial cooperation for all countries, and contribute more to the stability and prosperity of the post-pandemic world," Wang said.

Scan the QR code and push it to your mobile phone

Keyword: China mutually beneficial cooperation

Reading:

China's short video industry accelerates development amid epidemic

China's central bank conducts 10 billion yuan of reverse repos

China "indispensable" to strong global economic recovery: Bloomberg

China remains EU's top trading partner: Eurostat

Fourth CIIE to set up new IC section

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial