Opening up of China means win-win cooperation for world: President Xi

Chinese President Xi Jinping meets with members of the advisory board of the elite Tsinghua University's School of Economics and Management at the Great Hall of the People in Beijing, capital of China, Oct. 30, 2017. [Photo: Xinhua/Ju Peng]

The Chinese President says the country is a contributor to economic globalization and its opening up is a win-win outcome for China and the world. 

Xi Jinping's comments came while meeting with an advisory board at Tsinghua University school of economics and management, at the Great Hall of the People in Beijing.

CRI's Yu Yang has the story.

President Xi Jinping has encouraged his guests to provide more advice and cooperation on China's development.

Breyer Capital's Founder and CEO Jim Breyer, also chairman of the advisory board, spoke at the meeting.

"One of the key questions we have for you is to understand a little bit more about your vision, and how you see the next decade or two, of innovation and China, and in particular how can we help, in many ways achieve better bilateral relationships, with China and global leaders," said Breyer.

Xi Jinping says China is pushing forward with comprehensive reforms, and efforts and will continue to boost reform and development through opening up.

"We should continue the miraculous development of the Chinese economy, and we are changing gear from high-speed growth to high quality growth. To achieve this, we will push for reforms to bring about better qualities, higher efficiency and stronger dynamics. We will build a modern economic system that advocates total factor productivity. We will boost innovation and enhance the competitiveness of the economy," said Xi Jinping.

The president says talent is the foundation and core element of innovation, and that China has made strategic decisions to speed up the construction of world-class universities and world-class academic subjects to enhance the country's core competitiveness.

Xi Jinping says he is looking forward to receiving U.S. President Donald Trump in Beijing early next month.

"In a few days I will meet President Trump when he visits China. I believe we will join efforts to push forward bilateral cooperation and address the differences in economy and trade. I also believe we should manage China-US relations from a mutually-beneficial and win-win perspective. We are optimistic both about the prospects for China-U.S. relations, and China's cooperation with the international community at large," said Xi Jinping.

The guests have expressed confidence in China's future, saying that the international community expects to deepen cooperation with China in its reform and opening up process.

They also hope to see fruitful outcome from Trump's visit and the meeting between the two presidents in Beijing in November.

Paulson Institute Chairman Henry Paulson:

"President Xi, let me add my congratulations on your many successes over the last five years. A very successful 19th party congress. I'm also quite optimistic that you and President Trump will have a very successful meeting, largely because of the personal relationship and working relationship that you two have built up, and I'm very pleased about that," said Paulson.

Chairman of the Blackstone Group Stephen Schwarzman, Apple CEO Tim Cook, and Facebook CEO Mark Zuckerberg also spoke at the meeting.

The advisory board was founded in 2000 and consists of scholars and entrepreneurs from multinationals, as well as Chinese officials.