The world has witnessed 40 years of reform and opening-up

For many participants at the summer davos, the growth of their own business in China is closely related to the pace of 

China's reform and opening-up.

Chen liming, President of IBM greater China, has rich working experience in multinational companies. In his memory, in the early stage of reform and opening up, many companies produced various interesting business cooperation due to the cultural differences between China and foreign countries."" looking back, reform and opening-up has promoted the establishment of Chinese enterprises' international thinking mode and promoted China's economic growth.Looking ahead, there is no doubt about the right direction for China to continue to push for comprehensive reform and opening-up.In the future, it will be more important to take the initiative in reform and opening up.Chen liming in the interview with our reporter said.

"" by all accounts, China has become the most dynamic economy in the world.Although Chinese enterprises have experienced many challenges, they have gained more development opportunities.Looking back over the past 40 years, China's reform and opening up cause has been spectacular and successful experience summarized.We have seen that Chinese enterprises, especially private enterprises, will seize the opportunity whenever there is a market space, and grow tenaciously to form a prairie fire that promotes economic prosperity.Zhang jin, chairman of the board of cedar holding group, told this reporter.

Klaus schwab, founder of world economic BBS, said that he first visited China in 1979 and had the honor to witness China's reform and opening-up.Over the past 40 years, China's economic aggregate has grown dozens of times, and the quality of life of its people has improved significantly."Many predictions of an imminent end to China's economic growth have turned out to be false.I have always been optimistic about China's economic growth.China's reform and opening-up policy will continue to drive economic development, from focusing on volume growth to focusing on quality improvement, and a new wave of scientific and technological innovation will help drive the process, he said.

A new round of opening is recognized

From constantly shortening negative list to substantially relaxing market access, from strengthening intellectual property protection to actively expanding importsOn the occasion of the 40th anniversary of reform and opening-up, China's new round of opening-up measures was highly recognized by the participants.

European commission official valdis dombrovsky said Europe welcomes China's move and attitude to open up the market, which involves different sectors, can promote market competition, accelerate market development and is a big driver of economic growth itself.

"" the opening of China's financial markets has been unprecedented in the past year and a half." "Liang zhiwen, chief executive officer of jpmorgan chase (China).Zhu yue, head of China equity investment at blackrock inc., said they take the Chinese market very seriously and look forward to further opening up to more foreign investors.

Liu shijin, vice-president of the China development research foundation, agreed that the opening move announced in boao Asia BBS in April was a milestone.Opening up is not for opening up and opening up, but for solving problems in the financial sector, which is problem-oriented."China is a large economy with unbalanced internal development, but it has a good hedging effect, so it has a strong ability to absorb external shocks.China's opening up to the outside world, especially to the financial sector, needs to proceed at an appropriate pace and can be slightly larger when necessary.The overall stability of China's economy is relatively strong.China needs to build a high-level opening up system, and the pace cannot stop.At home, we need to focus on building a high-quality market system."Said liu shijin.

Welcome more win-win business opportunities

At the BBS conference this summer, people from both home and abroad have high expectations for China's future development and opening up business opportunities.

'the changes brought to China by the reform and opening up are huge,' says shi chixing, vice President of Japan's JETRO agency.Three months without a visit to the dynamic Chinese cities of Beijing, Shanghai and shenzhen seems difficult to keep up with the pace of development.

"" china-japan economic and trade cooperation also has good prospects.On the one hand, China has a huge market and is close to Japan.On the other hand, many Japanese companies have operations in China's big cities.As China opens up more to the outside world, the two countries will be able to strengthen cooperation at a deeper level in the future.'Japan's economy is suffering from an aging population, and China is facing similar pressures,' akashi told the financial times.In the future, China and Japan will have great potential to cooperate in many areas such as education, mobile payment, wearable devices and telemedicine.