China Focus: Deeper collaboration brings China-ASEAN common prosperity (3)

Chinese Vice Premier Zhang Gaoli (C front) and Brunei's Sultan Haji Hassanal Bolkiah (R front) attend the opening ceremony of Brunei pavilion after the opening of the 14th China-ASEAN Expo and the China-ASEAN Business and Investment Summit, in Nanning, capital of south China's Guangxi Zhuang Autonomous Region, Sept. 12, 2017. (Xinhua/Wang Ye)

OPEN ECONOMY

The expo takes place at a time when the anti-globalization sentiment has imposed threats to regional economic integration.

Bucking the trend, China steadfastly adheres to the opening-up strategy, despite sluggish growth, acute imbalance and rising protectionism in the world economy.

"We would like to work with the international community to enhance dialogue, coordination and cooperation for an open world economy," Zhang said.

He promised to expand the entry of foreign capital into China's service and manufacturing sectors, better protect intellectual property rights and promote fairness for domestic and foreign enterprises.

In the following five years, China will import commodities worth 8 trillion U.S. dollars, invest 750 billion U.S. dollars abroad and record 700 million overseas trips.

"We welcome ASEAN members to share more major opportunities brought by China's development," Zhang said.