China is to further promote the establishment of free trade
zones with other countries and enhance bilateral and multilateral
economic cooperation next year, according to the central economic
work conference which closed on Wednesday.
The three-day conference said China will turn a new page in its
opening-up drive in 2008 by opening wider to the outside world,
optimizing the structure of the opened sectors and improving the
environment for foreign investors.
China will try to develop new advantages while joining the
international economic cooperation and competition amid the course
of globalization, the conference said.
It urged related departments to step up the transformation of
the ways of increasing foreign trade, improve the structure of
exported goods, stick to the win-by-quality principle and enhance
their capacity to cope with fluctuations in international
markets.
It also advocated creating new ways of utilizing foreign
investment and making better use of the money.
"The domestic work and the opening-up drive shall be planned in
a coordinated way so that the country's economy can stand various
challenges through various channels," the conference said.
(Xinhua News Agency December 6, 2007)
