China’s Xi Pledges to Continue Opening Up Market, on Own Terms

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China President Xi Jinping said the country would continue to open up while pursuing its own development path, amid lingering concerns among investors over its economy.

“China will stay committed to advancing high standard opening up, pursuing Chinese modernization on all fronts with high quality development and creating new opportunities for open cooperation across the world,” Xi said in a video address to the China International Fair for Trade in Services in Beijing, according to China Central Television.

Xi said China would build a national trading market for voluntary greenhouse gas emission reductions. He also called on nations to “safeguard the hard won free trade and multilateral trade system.”

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