As the world's second-largest economy extends its welcoming arms to the rest of the world, what opportunities lie ahead for the US, its nation and companies?
We should build a modern socialist market economy and continue to strengthen our economic might, technological prowess and comprehensive strength of the nation so the vigor of the socialist market economy can be fully unleashed.
Happiness comes with hard work. If Chinese people hold the spirit of working hard, we can achieve the goal of creating a better life, said Xi.
On manufacturing, China has basically opened up this sector with a small number of exceptions on automobiles, ships and aircraft. "These industries are now in a position to open up. Going forward, we will reduce as soon as possible limits on foreign investment in these industries, automobiles in particular," Xi said.
President Xi Jinping delivered a keynote speech at the closing meeting of the country's top legislative session in Beijing on Tuesday. Here are the highlights.
Ma Xiaoguang, spokesperson for the Taiwan Affairs Office of the State Council, told a press conference that as the mainland continues to open up, Taiwan businessmen and companies, if they follows the economic progress of the mainland, would post better development.