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2017 Fortune Global Forum kicks off

Writer:   | Editor: Lily A  | From:  | Updated: 2017-12-07

PRESIDENT Xi Jinping said yesterday that the country will create more opportunities and make a greater contribution for the world.

Xi made the remarks in a congratulatory letter to the 2017 Fortune Global Forum, which opened in Guangzhou yesterday.

In his letter, Xi said China will develop the open economy to a higher level, promote the Belt and Road Initiative, and push for a new pattern of all-round opening up.

Looking forward, he said China will enjoy robust development momentum, the people will have a greater sense of gain and the country will be more integrated into the world.

The president said China’s economy has the foundation, condition and impetus to maintain stable growth and sound momentum.

He reiterated that China will not close its door to the world, and it will only become more and more open, with its business environment becoming more open, transparent and regulated.

China will continue to forge global partnerships, expand common interests with other countries, further liberalize and facilitate trade and investment, and push for an economic globalization that is more open and inclusive, balanced, equitable and beneficial to all, Xi said.

Xi welcomed global businesses to invest in China to share the opportunities brought by the country’s reform and development.

As an important multi-bilateral conference after the 19th CPC National Congress, the 2017 Fortune Global Forum has attracted over 1,000 representatives from around the world.

The three-day event marks the fifth Fortune Global Forum held in China, presenting a chance for heads of the world’s largest companies — the Fortune Global 500 — to actively engage with world leaders on the forefront of international commerce. According to statistics from the local authorities, 388 enterprises are participating in the event, 152 of which are Fortune Global 500 enterprises

“Guangzhou, China’s Southern gateway to the world, is the ideal location for the 2017 Fortune Global Forum. As a center of international trade for many centuries, Guangzhou is both a renowned symbol and a modern manifestation of China’s participation in global commerce,” said Alan Murray, Fortune editor-in-chief.