ISLAMABAD : Chinese Foreign Minister Wang Yi said that China will welcomePakistan and other Asian countries to participate in the high profileeconomic forum (BOAO).
BOAO forum is scheduled to meet in Chinese Hainan province on April 8-11that provides a big opportunity to the regional countries to develop theirsocio-economic partnership. It is going to take up host of topics ofsocio-economic interest.
Addressing here a big gathering of foreign dignitaries, Wang Yi highlightedsignificance of BOAO and said this annual Forum for Asia is a brilliantbusiness card in Hainan, a famous brand in the country, an interactiveplatform between China and Asia and other countries in the world.
This spring, all parties will once gather in Boao and make a common speechand put forward the Asian proposal on the theme of “an open and innovativeAsia with a prosperous and developing world.”
Wang Yi told the participants that 2018 is the 40th anniversary of China’sreform and opening up and the 30th anniversary of the founding of HainanProvince as a special economic zone.
The development of contemporary China and Hainan are shining brightly bythe reform and opening up.
The reform and opening up is a magnificent and great practice not onlyprofoundly changing China but also profoundly changing the world.
Over the past 40 years, China’s total economic output has increased fromabout 300 billion yuan to 83 trillion yuan. Its per capita GDP has risenfrom less than 400 yuan to about 60,000 yuan, contributing more than 30% toglobal economic growth. China has actively integrated into the world andhas participated in almost all intergovernmental organizations and over 400international multilateral treaties.
In the past five years in particular, with the strong leadership of theparty Central Committee with Comrade Xi Jinping as the core, China has beenspeeding up its all-round deepening reforms and making breakthroughs andpushing forward in depth so as to lay a solid foundation for China’ssustained, healthy and stable development in the future, he added. – INP