Beijing: Chinese President Xi Jinping said on Tuesday that China cannot be separated from the world in achieving development. He especially highlighted the new growth model being adopted by the world’s second-largest economy. Addressing the heads of state of the Shanghai Cooperation Organization (SCO) member countries via video link, Xi said that China emphasizes its dependence on the domestic market and integrates the domestic and international markets into one. Encouraging others as well as trying to push the new development dimension is intensifying.
He said that China cannot be separated from the world in achieving development and the world also needs China for progress. “New arrangements are being made to build an open economy on high standards,” Xi said. China is committed to opening up the market. ” He said that China would like the world to accelerate its development and would contribute more and more to the world through its development. “We welcome all parties to take active advantage of China’s development opportunities and deepen cooperation with China,” he said. On October 31, Xi wrote in an article in the ruling Chinese Communist Party’s official paper, Queshis, that China could no longer rely on the previous economic development model of relying on global exports, but on self-determination in areas related to national security. Controlled, safe and reliable domestic production and supply will depend on the production system.
