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Chinese president pledges openness, common development


16:10, April 08, 2013

BOAO, Hainan, April 8 (Xinhua) -- President Xi Jinping pledged Monday to keep China's door open to the outside world and to pursue development that benefits the whole world.

China will "expand, deepen and widen" its economy, firmly oppose protectionism in any form and prepare itself to solve economic and trade differences with other countries through consultation, Xi told representatives of 30 enterprises from China and abroad at a round-table dialogue held during the ongoing Boao Forum for Asia Annual Conference 2013 in south China's Hainan Province.

"China promotes the establishment of a multilateral trade system featuring balance and development," he said.

Xi reminded the entrepreneurs that China has fulfilled its promises to the World Trade Organization over the past 10 years by making its business environment more open and standardized.

China's market environment is fair and there is no "finish line" for improving the market economy, he said.

"We are protecting the legitimate rights of foreign enterprises according to law," he said.

All companies registered in China, domestic and foreign alike, are important components of China's economy, he said.

We will continue to enhance the legal system and improve investment environment so that all enterprises can enjoy equal access to production, market competition and legal protection, Xi said.

He called on the entrepreneurs to form a united voice and vision for promoting the common development of Asia and the world.

Xi said their efforts will help promote cooperation within Asia, as well as between the continent and other regions.

"We hope to realize the common development of Asia and the world," Xi said.

Yasuo Fukuda, chairman of the forum's board of directors and former Japanese Prime Minister, also attended the dialogue.

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