Sharing New Opportunities to Promote Development Through Cooperation

Zhang Yanling

Faced with the challenges of counter-current to economic globalization and insufficient driving force for international development cooperation, the international community urgently needs to build a broad consensus on development.

Last month, when the Third Plenary Session of the 20th Central Committee of the Communist Party of China was held in Beijing from July 15 to 18, China conveyed a clear signal to the world that it is committed to further opening up at a high level, promoting high-quality development, and taking the path of peaceful development.

By summarising China’s experiences in deepening reform over the past ten years, the session adopted the resolution that devised a sound plan for further comprehensively deepening reform and promoting Chinese modernization and put forward more than 300 major reform measures to be completed in the next five years.

Opening up is a defining feature of Chinese modernization. It is stressed that China will remain committed to the basic state policy of opening to the outside world. Leveraging the strengths of its enormous market, China will develop new institutions for a higher-standard open economy while expanding international cooperation.

China will steadily expand institutional opening up, safeguard the WTO-centered multilateral trading system, deepen the foreign trade structural reform, further reform the management systems for inward and outward investment, optimize the layout for regional opening up, improve the mechanisms for high-quality cooperation under the Belt and Road Initiative and develop multilateral platforms for cooperation in green development, the digital economy, artificial intelligence, disaster mitigation, and other areas.

High-quality development is the primary task in advancing Chinese modernization.

It was stated that China will foster new quality productive forces in line with local conditions, encourage enterprises to apply digital, intelligent, and green technologies to transform and upgrade traditional industries, promote full integration between the real economy and the digital economy, refine and develop the service sector, improve modern infrastructure, and enhance the resilience and security of industrial and supply chains.

Chinese modernization is the modernization of peaceful development. It was reiterated that China remains firm in pursuing an independent foreign policy of peace and stays committed to the common values of all humanity.

China firmly pursues the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative, and calls for an equal and orderly multipolar world and universally beneficial and inclusive economic globalization.

We will get involved in leading the reform and development of the global governance system, and promote a human community with a shared future.

History has repeatedly proved that protectionism and unilateralism can protect no one but only bring catastrophic consequences.

China stays committed to promoting an open world economy, advocating the international community to refocus on development issues, providing new opportunities for global development through new achievements in Chinese modernization, and injecting more stability into the global economy.

China stands ready to join efforts with Antigua and Barbuda and all other countries to work for a worldwide modernization featuring peaceful development, mutually beneficial cooperation, and prosperity for all.

It is believed that China and Antigua and Barbuda will have more opportunities to cooperate in various areas and bring more tangible benefits to the two peoples.