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China’s new development stage to give fresh impetus to ties with U.S.: Chinese ambassador

Abstract : China's new development stage of building an open economy with higher standards and better quality will provide fresh driving force for China-U.S. relations, said Chinese ambassador to the United States Cui Tiankai.

WASHINGTON, Dec. 9 (Xinhua) — China’s new development stage of building an open economy with higher standards and better quality will provide fresh driving force for China-U.S. relations, said Chinese ambassador to the United States Cui Tiankai.

“The year 2021 is essential as China enters a new development stage, which will provide fresh driving force for our relations,” said Cui in his remarks at the annual gala of the U.S.-China Business Council on Wednesday.

“China will foster a new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other,” said Cui of the proposals recently adopted at the fifth plenary session of the 19th CPC Central Committee on formulating the 14th Five-Year Plan for national economic and social development and the Long-Range Objectives Through the Year 2035.

“This does not mean that China is closing its doors or turning inward. Instead, it will build an open economy with higher standards and better quality. The Chinese economy serves as an important engine for global growth,” Cui said.

“This new development paradigm is put in place so that the engine will function more efficiently and provide a stronger driving force for world economic development,” he said. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China’s new development stage to give fresh impetus to ties with U.S.: Chinese ambassador

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