Xiao Weiming: We need to deepen and expand high-level opening up to the outside world, and further expand trade in intermediate goods.

Xiao Weiming, deputy secretary-general of the National Development and Reform Commission, stated that it is necessary to further expand high-level opening to the outside world and further expand intermediate goods trade. Cultivate new growth points for service exports, guide more foreign investment in advanced manufacturing, modern services, high-tech, energy conservation, and environmental protection sectors, solidly promote high-quality development of the Belt and Road Initiative, and study new measures to expand unilateral opening. Taking the opportunity of the full closure of Hainan Free Trade Port, continuously improve the policy and institutional system, accelerate the process of regional and bilateral trade and investment agreements, and expand and enrich the network of high-standard free trade areas.