Economic Affairs

Opening the door wider will be good for China

China has made many promises in the past to open up its economy - but the latest round of pledges is more credible

New: Gift this subscriber-only story to your friends and family

There is "a new phase" in the opening up of China's economy. China's door "will be opened even wider". China will adhere to trading rules, be committed to the rule of law, more competition, and transparency and higher standards of intellectual property (IP) protection. China will not bully countries or force them to buy goods from China.

This is what some 2,000 delegates to last week's Boao Forum - considered "China's Davos" - heard from Chinese President Xi Jinping.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on April 18, 2018, with the headline Opening the door wider will be good for China. Subscribe