Beijing is also set to release a plan promoting institutional openness in the Shanghai free trade zone.
Chinese premier Li Qiang said that the country’s imports of goods and services are forecast to reach US$17 trillion over the next five years.
Addressing the opening ceremony of the annual China International Import Expo in Shanghai, Li said China’s imports of goods and services were expected to reach a cumulative US$17 trillion over the next five years, adding that China’s economy continues to rebound and improve. The country is also set to release a plan to promote high-standard institutional openness in the Shanghai free trade zone, Li said.
However, participation in the event in the past three years has been impacted by the Covid-19 pandemic.
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