‘China will keep its door wide open and not close it’ – Highlights of China’s President Xi Jinping’s Speech at World Economic Forum 2017

‘China will keep its door wide open and not close it’ – Highlights of China's President Xi Jinping’s Speech at World Economic Forum 2017

No one will emerge as a winner in a trade war.

China will keep its door wide open and not close it.

It is true that economic globalization has created new problems, but this is no justification to write off economic globalization altogether.

We must remain committed to developing free trade and investment, promoting liberalization and facilitation through opening up, and saying no to protectionism.

Rather we should adapt to and guide economic globalization, cushion its negative impacts and deliver its benefits for all countries.

Pursuing protectionism is just like locking one’s self in a dark room. Wind and rain might be kept outside but so are light and air.

The right thing to do is to seize every opportunity and jointly meet challenges and chart the right course for globalization.

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