Opening up of China means win-win cooperation for world: President Xi

President Xi Jinping said Monday that China is a contributor to economic globalization and its opening up is a win-win outcome for China and the world.

XinhuaUpdated:October 31, 2017

President Xi Jinping said Monday that China is a contributor to economic globalization and its opening up is a win-win outcome for China and the world.

Chinese President Xi Jinping meets with members of the advisory board of the elite Tsinghua University's School of Economics and Management at the Great Hall of the People in Beijing, capital of China, Oct. 30, 2017. [Photo/Xinhua]

Xi's comment came while meeting with an advisory board of Tsinghua University school of economics and management, at the Great Hall of the People in Beijing.

Xi said the 19th Communist Party of China (CPC) National Congress is of great significance, and has enhanced China's confidence on the path of socialism with Chinese characteristics.

China is pushing forward comprehensive reform with unprecedented determination and efforts and will continue to boost reform and development through opening up, Xi said.

While ensuring China's sovereignty, security and development interests, the country will remain committed to reform and opening up and adopt a mutually-beneficial and higher-quality approach to opening up, the president said.

"As a beneficiary of and contributor to economic globalization, China's development is the opportunity for the world. China's opening up is not a zero-sum game but win-win cooperation," Xi said.

As a Chinese saying goes, our friendship remains despite a failed deal. China will not set unfair clauses or take advantage of others, Xi said, adding that China will actively take part in the reform and construction of the global governance system, and promote the establishment of a community of shared future for mankind.

Talent is the foundation and core element of innovation, said Xi, noting that constructors and successors of socialism with Chinese characteristics, rather than bystanders or opponents, should be trained through education.

Xi said that China has made strategic decisions to speed up the construction of world-class universities and world-class academic subjects to enhance the country's core competitiveness.

Xi said he is looking forward to receiving U.S. President Donald Trump in Beijing early next month.

China is willing to work with the U.S. side to look far ahead and aim high, take each other's interests and concerns into consideration, properly solve differences and jointly promote China-U.S. cooperation so as to realize a mutually beneficial and win-win situation, Xi said.

"We are optimistic about the prospects for China-U.S. relations," he said.

Xi encouraged his guests to provide more advice on China's development, conduct more cooperation with the Chinese side, and offer a more objective and comprehensive introduction of China to the world.

Breyer Capital's Founder and CEO Jim Breyer, chairman of the advisory board, and some other members, including Paulson Institute Chairman Henry Paulson, Chairman of the Blackstone Group Stephen Schwarzman, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg spoke at the meeting.

They said they were deeply impressed by President Xi's report to the opening session of the 19th CPC National Congress, noting that China deserves praise for its achievement in poverty relief and efforts to promote innovation and development, as well as its robust development in economic and social areas.

The guests expressed confidence in China's future, saying that the international community expects to deepen cooperation with China in its reform and opening up process.

They also hoped to see fruitful outcome from Trump's visit and the meeting between the two presidents in Beijing in November.

The advisory board was founded in 2000 and consists of scholars and entrepreneurs from multinationals, as well as Chinese officials.