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China He assures that his economy is unstoppable. This was declared by the Chinese president, Xi Jinping , at the inauguration today of the first international exhibition of imports of China in Shanghai. It aims to support the petition addressed to world leaders so that they fight together against the wave of protectionism.
" China will not close its doors to the world and will become an increasingly open economy, "Xi told several heads of state and heads of international financial institutions such as the International Monetary Fund (IMF), the World Trade Organization (WTO) or the World Bank.
Although he did not mention the United States directly in his speech, the president sent a strong message against protectionism and unilateralism, considering that history has shown that " the closing of the doors causes a delay ".
"The multilateral system must be defended," Xi said to an audience that included Panama's presidents, Juan Carlos Varela; Dominican Republic, Danilo Medina; and El Salvador, Salvador Sánchez Cerén, alongside Russian Prime Minister Dimitri Medvedev, and heads of state from Hungary, Kenya, Pakistan, Egypt and Vietnam, among others.
Xi stressed the need to deepen cooperation through international organizations such as the WTO and called on all countries to "show greater courage" to fight together against protectionism in order to "promote the constant progress of human society" and "profound changes" that the world is experiencing.
"The Chinese economy is an ocean, not a pond, storms can destroy a pond, but never an ocean," said the head of the Asian Giant State.
Xi promised "equal treatment" to all foreign companies China and assured that "this will punish practices that violate their rights, especially those that affect intellectual property".
In the next fifteen years, he explained, it is estimated that imports of goods and services China exceed $ 30 billion and $ 10 billion, respectively.
" China "We will not stop in building a more open global economy," he said, calling on all countries to break down barriers and open their markets to create a global economy.
On behalf of the American continent, the Dominican President spoke at the inauguration ceremony, stressing that "trade is and must always be seen as an opportunity for mutual benefit" and ensuring that the door of the Caribbean is "open" and its "hand extended" to China.
Medina hoped that initiatives such as the Shanghai Expo, the first Chinese fair entirely devoted to imports, would help to balance the trade balance with the Dominican Republic, which broke off diplomatic relations with Taiwan on 1 May in order to establish them China.
For her part, IMF Director Christine Lagarde celebrated China establish a "bridge to the future" focused on economic and trade cooperation at a time when the progress of protectionism and trade war mark the international agenda.
He stressed that the Asian giant "is playing an increasingly important role in world trade" and stressed that the bridge that China currently building with its "structural reforms", seeks to move from "an export-based model to one based on domestic consumption".
The President of the World Bank, Jim Yong Kim, also spoke at the inauguration, in similar terms when he praised the Bank's economic opening process. World. China"It's a lesson for all: Trade helps create jobs all over the world.With trade, we do not have to choose between inclusion and economic growth."
South Korea has called for "trade barriers to be removed" in important sectors such as agriculture or e-commerce.
The Shanghai Expo will host tomorrow Cuban President Miguel Diaz-Canel, who will join the dozen heads of state present in the Chinese financial capital.
Several Latin American ministers from countries such as Chile, Peru, Argentina, Uruguay, Ecuador and Costa Rica also attended this event. Jack Ma.
Source: EFE
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