Dai Xiang Zhang Erzhen: the Construction of "the Belt and Road Initiatives" and China's Institutional Opening-up

Release time:2019-10-25Author: Dai Xiang Zhang Erzhen

Institutional opening-up mainly refers to the establishment of common rules for economic globalization and the construction of an open world economy guided by more fair, reasonable and lawful rules on the premise of respecting the wishes of all parties. In addition to the supplement and perfection of the global economic governance rules and system, China's "the Belt and Road Initiatives", guided by the advanced concept of a community with a shared future for mankind and guided by the basic principle of extensive consultation, joint contribution and shared benefits, China will move towards institutional opening-up with inherent characteristics such as opening-up within China, policy coordination, and institutional opening-up. High-quality institutional opening-up also provides a guarantee for the construction of "the Belt and Road Initiatives". China should seize the important opportunity of the construction of "the Belt and Road Initiatives ", realize its benign interaction with China's institutional opening-up, and make new breakthroughs as soon as possible in improving the level of institutional supply under the framework of the construction of "the Belt and Road Initiatives", adhering to global economic rules with high standards, and "forcing reform with opening-up".