CGTN: China vows to treat market entities equally, build open market system – Newswire.ca

11, 2021 /CNW/ — China has pledged to better safeguard investment and business operations in the country to further its all-round opening-up and advance global economic recovery.

China will treat all types of market entities equally and build a “unified and open market system with orderly competition,” said Chinese President Xi Jinping in his address at the Asia-Pacific Economic Cooperation CEO Summit via video link on Thursday.

Established in 1989, APEC has become an important platform to facilitate economic cooperation among 21 economies in the Asia-Pacific region.

Meanwhile, Chinese authorities vow to follow a people-centered philosophy for development.

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