China will pursue a "mutually beneficial win-win" strategy in
its opening up to the outside world in the next five years,
according to a document of the Communist Party of China (CPC)
issued in Beijing Tuesday.
"We should continue to use foreign investment actively and
effectively," says the proposal of the CPC Central Committee for
formulating the 2006-2010 national program for economic and social
development.
"Efforts should be intensified to introduce advanced
technologies, management expertise and qualified talented
professionals," it says.
While continuing to open the service market, domestic businesses
with good conditions are encouraged to "go outside" to invest
overseas in line with international practices, contract projects or
offer labor services abroad in a bid to expand mutually beneficial
cooperation and boost common development with foreign partners.
The supervision over state-owned assets should also be
strengthened, and economic and technological cooperation with the
neighboring countries boosted.
"We must vigorously safeguard our national economic security
when the country is opening wider to the outside world," says the
proposal.
As for its trade with foreign countries, the CPC suggests the
export of more products with China's own intellectual property
rights, while controlling the export of high energy-consuming or
high contamination products.
The country will encourage the import of advanced technological
equipment and resources that China is short of, and improve the
coordination mechanism for the import and export of bulk goods.
While improving the ability to deal with trade disputes, China
will actively participate in multi-lateral trade talks, boost
regional and bilateral economic cooperation, and promote the
liberalization and facilitation of global trade and investment.
(Xinhua News Agency October 18, 2005)