国内英语资讯:Xi promises wider opening-up as Fortune forum opens_时事

国内英语资讯:Xi promises wider opening-up as Fortune forum opens

The three-day 2017 Fortune Global Forum has chosen "Openness and Innovation: Shaping the Global Economy" as its theme, drawing 1,100 participants, mostly world business leaders, including senior executives from the world's top firms such as Alibaba, Tencent, Ford, HSBC and JP Morgan.

It is the fifth time that a Chinese city has hosted the forum. Canadian Prime Minister Justin Trudeau and Papua New Guinea's Prime Minister Peter O'Neill addressed the opening.

Vice Premier Wang Yang delivered a keynote speech, in which he highlighted the significance of sticking to globalization, innovation and inclusive growth.

"China's economy is undergoing profound transformations, and the country's future development will prioritize quality and efficiency, which will be driven by innovation and openness," Wang said.

He attributed China's growth to opening-up and promised to stick to this path.

"China will substantially ease market access and formulate a timetable for opening up in key areas," Wang said, adding that country would protect the rights and interests of foreign businesses, and create a fair market environment.

Alan Murray, editor-in-chief of Fortune magazine, said the forum comes at a time when technology is reshaping the business world in ways never seen before, and rising nationalism and growing distrust in businesses and other institutions are posing a threat to globalization.

Jing Ulrich, managing director and vice chair of Asia Pacific at JPMorgan Chase, said it was very important for China to say it would hold on to developing an open economy, especially at a time when global protectionism is on the rise.