China is firmly advancing high-level opening-up amid downward pressures and challenges from multiple global crises, which will help create favorable conditions for global economic growth and for rebalancing the world economy, prominent experts said at the 88th International Forum on China Reform in Haikou, Hainan province.
Amid the Ukraine crisis and an economic downturn, an increasing number of countries, policymakers and international organizations are looking to further work with Beijing on the Global Development Initiative in order to offset multiple impacts and keep global growth afloat.