Charlene Barshefsky, former United States Trade Representative, believed China's entry into the World Trade Organization (WTO) was a milestone in the reforms and opening-up.

"China's reforms, coupled with its entry into the WTO, has let one in every ten people on this planet out of poverty. Could there be any question that this is one of the greatest achievements?" she asked.

"We see major changes during the 40 years of the reform and opening-up of China, crossing from milestone to milestone. At the beginning, from the household responsibility system to the consolidation of the state-owned-enterprises, accession of China into the WTO, now we are talking more and more about the Belt and Road Initiative," said Tran Thanh Huan, Vietnamese consul-general in the HKSAR.

"As the neighbor of China, Vietnam has been benefiting from the reform and opening-up of China. In Vietnam, we also have been implementing renovation, equivalent to the reform and opening-up of China. We are learning from the Chinese experiences to apply renovation according to Vietnam characteristics," he said.

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