President Xi delivers keynote speech at 2nd Belt and Road Forum for International Cooperation

BEIJING, April 26 (Xinhua): Chinese President Xi Jinping on Friday highlighted building infrastructure of high quality, sustainability, risk resilience, reasonable pricing, inclusiveness and accessibility under the Belt and Road Initiative.

Chinese President Xi Jinping delivers a keynote speech at the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing, capital of China, April 26, 2019. (Xinhua/Ju Peng)

Xi made the statement in a keynote speech at the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing.

Calling infrastructure the cornerstone of connectivity and a bottleneck of development confronting many countries, Xi said building infrastructure with such standards could help countries give full play to their advantages in resources and better integrate into the global supply, industry and value chains for interconnected development.

President Xi Jinping said that China will increase imports of goods and services on a larger scale.

President Xi Jinping and foreign leaders enter the China National Convention Center to attend the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing on April 26, 2019. [Photo/Xinhua]

China will further lower its tariff rates, Xi said in a keynote speech at the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing.

He said the country would continuously open up its market and welcome quality products from around the world.

China is willing to import more competitive farm produces, finished products and services, he said.

China attaches great importance to the establishment of a constraint mechanism for the fulfillment and implementation of international agreements, and the modification and improvement of laws and regulations in accordance with the need of further opening-up, Chinese President Xi Jinping said Friday.

Xi made the remarks while delivering a keynote speech at the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing.

Some Highlights (source: Chinadaily.com.cn):

China to support 5,000 people for BRI innovation exchanges

China will support 5,000 people from innovation sector in Belt and Road countries in conducting exchanges, training programs and joint researches in the next five years.

Sustainable development under BRI stressed

China will work with other parties to promote a coalition of sustainable cities and an international coalition for green development under the Belt and Road Initiative.

China to invite 10,000 representatives of political parties, think tanks, NGOs from B&R countries

A total of 10,000 representatives of political parties, think tanks and non-governmental organizations from countries participating in the Belt and Road Initiative will be invited to China for exchanges in the next five years.

China to allow foreign businesses in more sectors with controlling or full stake

China will allow foreign investors to operate businesses in more sectors with controlling or full stake. China will roll out a new batch of pilot free trade zones.

China prohibits forced technology transfer

China will step up protecting the legitimate rights and interests of foreign owners of intellectual property rights, and prohibit the forced transfer of technology. China will create a business environment in which the value of knowledge is respected.

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