China will work with all countries and all parties to share the opportunities in its vast market, and will step up efforts to cultivate a robust domestic market, upgrade trade in goods, develop new mechanisms for trade in services, and import more quality products.
Foreign capital expended in China reached more than 1 trillion yuan between January and September of 2022, surging 15.6 percent year-on-year, said the Ministry of Commerce.
Xi Jinping stressed the need to coordinate development and security, and he highlighted safeguarding national security and social stability in the course of promoting sustained growth.
China's gross domestic product (GDP) expanded at an average annual growth rate of 6.6 percent from 2013 to 2021, higher than the growth pace of 2.6 percent for the global economy and 3.7 percent for developing economies.
He stressed full implementation of the new development philosophy and efficient efforts to coordinate the country's response to the COVID-19 pandemic with socioeconomic development, saying that both the central and local authorities should be given full play to take the initiative in this work.