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Minister Zhu Qin Attends and Addresses the 7th China Business Forum

On May 25, Minister Zhu Qin attended and addressed the 7th China Business Forum hosted by London Business School (LBS). Over 200 people were present, including Dame May Marsh, Governor of LBS and corporate executives and representatives from CreditEase, Huawei Technologies, Alibaba Group, Shanghai Pudong Development Bank, Deloitte, PwC and Morgan Stanley, etc.

Ambassador Liu Xiaoming sent a message of congratulation on the opening of the Forum. He said in the message, “The theme of this year, ‘Does China still need the West?’ is, in my view, deeply thought-provoking. The world today is experiencing major and on-going development, transformation and adjustments. This global village that we live in is becoming an interdependent community with a shared future.”

“This year, China marks the 40th anniversary of its reform and opening up policy. For 40 years, China has opened its doors and embraced the world.”

The Ambassador stressed that China’s door of opening-up will only open even wider. “In face of the profound and complicated international situation and unprecedented challenges, countries of the world should renounce the ‘zero sum game’ mentality, break away from ideological divisions and join in to build a new type of international relations featuring mutual respect, equality, justice and win-win cooperation. This is the way to a more beautiful future of development and progress for all mankind.”

Minister Zhu in his speech reviewed the enormous changes in the relationship between China and the world over the past 40 years since the beginning of China’s reform and opening up, China’s increasing integration into the world, China’s outstanding contribution to the world in a great many ways, and China’s determination on the strategic choice of embracing the world in all dimensions. Despite of the difficult issues and challenges, China’s economy has maintained steady progress. The Chinese people “are fully confident in and capable of achieving high-quality growth” and welcome all the countries who wish to catch the ‘fast train’ of China’s development. China will continue to work together with the rest of the world and stay as determined as ever to build world peace, contribute to global prosperity and uphold the international order. Zhu expressed the hope that China and the UK could join hands to play a leading role in international cooperation, to uphold an open world economy and to facilitate healthy development of the world economy and global trade so as to advance the China-UK “Golden Era”.

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