Central Banking

Xi pledges to open up economy amid trade tension

China’s president adopts soothing tone towards US

Xi Jinping
China's president, Xi Jinping, delivered a keynote speech at the opening ceremony of the Boao Forum for Asia

China’s president, Xi Jinping, has stressed four areas of work to further open up the Chinese economy, in remarks that may be pitched at easing trade tensions with the US.

China will launch “a number of landmark measures” this year to significantly broaden its market access, improve the investment environment for foreign investors, strengthen legal protections for intellectual property and expand imports, Xi said in his opening remarks at the Boao Forum for Asia today (April 10).

“I need to

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