BEIJING – China is building a high-standard socialist market economy at a faster pace, steadily expanding institutional opening up, taking the initiative to align with high-standard international economic and trade rules, and actively fostering a transparent, stable and predictable institutional environment, the Chinese leader said on Tuesday.
Xi Jinping made the remarks in a congratulatory letter to the 2024 Understanding China Conference (Guangzhou) in Guangzhou, Guangdong province, which opened on Tuesday under the theme of "Carry Through the Reform to the End – Chinese Modernization and New Opportunities for World Development".
To understand China, one needs to understand China's efforts to further deepen reform comprehensively to advance Chinese modernization, he said.
ALSO READ: Xi: Advance Belt and Road cooperation
The Chinese modernization endeavor meets the aspiration of 1.4 billion people for a better life and will make new and greater contributions to world peace and development, said the Chinese president.
Stressing that changes unseen in a century are unfolding rapidly in today's world, he said countries around the world face new risks and challenges as well as new development opportunities and prospects.
China looks forward to working with all other countries to create an enabling environment and conditions for development, tackle the many difficulties and challenges, and facilitate the modernization of all countries featuring peaceful development, mutually beneficial cooperation and common prosperity, in a bid to write a new chapter in building a community with a shared future for mankind, he added.
ALSO READ: Xi’s visit sends friendship and unity message
This year's conference, running until Wednesday, will feature six parallel seminars, 14 thematic forums, two closed-door panel discussions, and exhibitions showcasing short videos and achievements of China's modernization efforts, according to the organizers.
The conference will also focus on the economic vitality and potential of the Guangdong-Hong Kong-Macao Greater Bay Area as a key driver of Chinese modernization and explore development opportunities across various industries in the context of the digital intelligence era, the low-altitude economy, and new quality productive forces.
Other topics will include the protection and inheritance of historical and cultural heritage in the context of modernization, as well as South-South cooperation.
The conference was co-hosted by the China Institute for Innovation and Development Strategy, Chinese People's Institute of Foreign Affairs and the Guangdong provincial government.
