A High-Level Opening Up of China and the World

China's implementation of a high-level, institutional openness to the outside world serves as a critical strategy to uphold sustained economic growth and bolster global economic stability and recovery. This strategic move reflects the nation's commitment to high-quality domestic development and its responsibility as a great country in constructing an open world economy. China's high-level opening up features institutional openness as a prominent feature, with the construction of a high-level socialist market economy system serving as a crucial guarantee. During the “14th Five-Year Plan” period, China places a premium on encouraging high-level institutional opening up, which supports the establishment of a new development paradigm, promotes innovative development of service trade, and fosters an open innovation system. Additionally, China is forging ahead with the establishment of a high-level market economic system with high-level opening up. China is also a strong proponent of international and bilateral free trade processes and the high-quality joint construction of the “Belt and Road.” In addition, it collaborates with other nations to create a community with a shared future for mankind, valuing the diversity of global civilizations and promoting global peace through civilizations’ mutual learning.