Fri, 07 Aug 2020

Chinese President Xi Jinping (2nd R, front) meets with executives of some famous multinational enterprises, who are in Beijing to attend a special session of round-table summit of Global CEO Council at the Diaoyutai State Guesthouse in Beijing, capital of China, June 21, 2018. (Xinhua/Ding Lin)

BEIJING, July 16 (Xinhua) -- The fundamentals of China's long-term sound economic growth have not changed and will not change, Chinese President Xi Jinping said Wednesday in a reply letter to global CEOs.

He also pledged that China will keep deepening reform and expanding opening-up, and provide a better business environment for the investment and development of Chinese and foreign enterprises.

Writing back to representatives of Global CEO Council members, Xi said he appreciates their firm confidence in China's peaceful and open development, their commitment to staying rooted in China, and their constructive suggestions on China's economic development.

Photo taken on June 19, 2020 shows vehicles to be assembled at a workshop of FAW-Volkswagen Automobile Co., Ltd. in Changchun of northeast China's Jilin Province. (Xinhua/Zhang Nan)

China, he added, is dealing with the COVID-19 epidemic and socio-economic development in a coordinated manner, striving for a decisive victory in building a moderately prosperous society in all respects and eradicating poverty.

He said China will comprehensively implement major policies and measures aimed at ensuring the six priorities of employment, people's livelihoods, development of market entities, food and energy security, stable operation of industrial and supply chains, and smooth functioning at the community level, and ensuring stability in the six areas of employment, finance, foreign trade, foreign investment, domestic investment and market expectations.

Employees work at the workshop of Draexlmaier (Anshan) Wire Harness System Co., Ltd. in Anshan, northeast China's Liaoning Province, April 23, 2020. The Anshan Economic Development Zone has made efforts to support foreign-funded enterprises to resume production during the fight against the COVID-19. (Xinhua/Yao Jianfeng)

China will foster new opportunities and create new prospects for Chinese and foreign enterprises, Xi said, adding that those CEOs have made the right choice to stay rooted in China.

In today's world, the interests of all countries are highly integrated, the human race is a community with a shared future that shares weal and woe, and win-win cooperation is the trend of the times, stressed the Chinese president.

China, he added, will be unswervingly committed to pursuing the path of peaceful development, making economic globalization more open, inclusive, balanced and beneficial to all, and promoting the building of an open world economy.

Aerial photo taken on April 4, 2020 shows the Sanya international duty-free shopping complex in Sanya, south China's Hainan Province. (Xinhua/Zhang Liyun)

Xi expressed his hope that those CEOs will adhere to the principle of win-win cooperation and common development, strengthen exchanges and cooperation with Chinese companies, and contribute to the world economic recovery.

Xi's letter was in reply to a recent joint letter from 18 CEOs of the Global CEO Council, which groups 39 multinational companies that are global leaders in their respective industries.

The CEOs spoke highly of the fact that China, under Xi's strong leadership, has rapidly contained the coronavirus epidemic, taken the lead in resuming work and production, and played a positive role in supporting the global COVID-19 fight and maintaining world economic stability.

Photo taken on April 14, 2020 shows containers at the Lianyungang Port in Lianyungang City, east China's Jiangsu Province. (Photo by Geng Yuhe/Xinhua)

They added that Xi's proposition on creating new opportunities out of crises and opening up new prospects in changing circumstances, as well as his resolve to unswervingly promote economic globalization in a manner that will be more open, inclusive, balanced and beneficial to all, have further consolidated their confidence in China and commitment to staying rooted in and serving China.

In their letter, the business leaders also offered suggestions on China's economic development and international cooperation in the post-pandemic era. ■

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