March 27, 2023

Chinese President Xi Jinping on Sunday reiterated China's commitment to opening-up in a congratulatory letter to a high-level dialogue forum that saw the gathering of officials from international organizations, global executives, and economists, sending a strong signal to participants that the nation will continue to create new opportunities for a world that has been derailed by regional conflicts and disturbances.

Coming as fears about a spillover effect of the Silicon Valley Bank failure send fresh shudders through the markets, and growing protectionism and geopolitical conflicts are casting a shadow on the already weakening global economic recovery, the three-day event, China Development Forum (CDF), marks a rare and precious global dialogue platform for global elites to settle concerns and seek for growth in the "unprecedented changes," observers said.

Xi said in the letter that at present, momentous changes of a like not seen in a century are accelerating across the world, regional conflicts and disturbances are frequent, and the global economic recovery is sluggish. The facilitation of a global economic recovery requires consensus and cooperation, he said, according to a report from the Xinhua News Agency.

Read more:

https://www.globaltimes.cn/page/202303/1288016.shtml