Xi calls for deepening reform, opening-up amid global challenges

by Theleaders-Online | October 14, 2020 1:18 pm

BEIJING, Oct. 14, 2020 /PRNewswire/ — A news report from chinadaily.com.cn:

President Xi Jinping attended a grand gathering on Wednesday celebrating the 40th anniversary of the establishment of the Shenzhen Special Economic Zone, and delivered a speech. Here are some highlights.

Feats and experiences

– The establishment of special economic zones is a great innovative move made by the Communist Party of China and the country in advancing reform and opening-up, as well as socialist modernization

– Special Economic Zones contribute significantly to China’s reform and opening-up, modernization

– Shenzhen is a brand-new city created by the Communist Party of China and the Chinese people since the country’s reform and opening-up began, and its progress over the past 40 years is a miracle in the history of world development

– Shenzhen has made five historic leaps forward since the establishment of the special economic zone 40 years ago: (1) From a small backward border town to an international metropolis with global influence; (2) From implementing economic system reforms to deepening reform in all respects; (3) From mainly developing foreign trade to pursuing high-level opening up in an all-round way; (4) From advancing economic development to coordinating socialist material, political, cultural and ethical, social and ecological advancement; (5) From ensuring people’s basic needs are met to completing the building of a high-quality moderately prosperous society in all respects.

– Shenzhen’s achievements in reform and development come through trials and tribulations

– Shenzhen has acquired valuable experience in reform and opening-up

– Forty years of reform and opening-up of Shenzhen and other SEZs have created great miracles, accumulated valuable experience and deepened the understanding of the laws of building the SEZs of socialism with Chinese characteristics

Future plans

– Global situation facing significant changes

– Construction of special economic zones in a new era should uphold socialism with Chinese Characteristics

– The Communist Party of China Central Committee supports Shenzhen in implementing pilot programs to deepen comprehensive reform

– Shenzhen should enrich the new practices of “one country, two systems”, and lead the country’s process of socialist modernization

– Shenzhen should resolutely uphold new vision on development and move forward with supply-side reform to meet domestic needs

– Shenzhen must deepen reform and opening-up to keep pace with the times; Shenzhen should promote entrepreneurship and the protection of intellectual property rights

– Shenzhen should accelerate advancing opening-up with institutional guarantees, such as rules and norms

– Governance system should be driven by innovation

– Shenzhen should pursue people-centered development

– China will keep developing Guangdong-Hong Kong-Macao Greater Bay Area

– China welcomes foreign countries to participate more in the reform, opening-up and development of China’s special economic zones

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