女士们、先生们、朋友们！
Ladies and Gentlemen,
Friends,
去年10月召开的中共十九大宣告中国特色社会主义进入了新时代，制定了全面建设社会主义现代化强国的宏伟蓝图。中国特色社会主义进入新时代，掀开了实现中华民族伟大复兴的新篇章，开启了加强中国同世界交融发展的新画卷。
The 19th CPC National Congress held last October ushered socialism with Chinese characteristics into a new era and drew a blueprint for turning China into a great modern socialist country in all respects. This new era of socialism with Chinese characteristics marks a new chapter in China's rejuvenation and its effort for shared prosperity with the rest of the world.
一个时代有一个时代的问题，一代人有一代人的使命。虽然我们已走过万水千山，但仍需要不断跋山涉水。在新时代，中国人民将继续自强不息、自我革新，坚定不移全面深化改革，逢山开路，遇水架桥，敢于向顽瘴痼疾开刀，勇于突破利益固化藩篱，将改革进行到底。中国人民将继续大胆创新、推动发展，坚定不移贯彻以人民为中心的发展思想，落实新发展理念，建设现代化经济体系，深化供给侧结构性改革，加快实施创新驱动发展战略、乡村振兴战略、区域协调发展战略，推进精准扶贫、精准脱贫，促进社会公平正义，不断增强人民获得感、幸福感、安全感。中国人民将继续扩大开放、加强合作，坚定不移奉行互利共赢的开放战略，坚持引进来和走出去并重，推动形成陆海内外联动、东西双向互济的开放格局，实行高水平的贸易和投资自由化便利化政策，探索建设中国特色自由贸易港。中国人民将继续与世界同行、为人类作出更大贡献，坚定不移走和平发展道路，积极发展全球伙伴关系，坚定支持多边主义，积极参与推动全球治理体系变革，构建新型国际关系，推动构建人类命运共同体。
Each age and generation have their own challenges and missions. China has come a long way, but it has to overcome new challenges on its way ahead. In this new era, the Chinese nation will continue to improve itself through reform. We will stay committed to advancing reform in all respects, and prevail over whatever challenges that may lie ahead. We will tackle longstanding problems with courage and resolve, and break the impediments of vested interests to see the reform through. The Chinese people will continue to take bold steps in innovation to boost development. Following the people-centered development philosophy and the new development vision, we will modernize our economic system, deepen the supply-side structural reform, and implement at a faster pace the strategies of innovation-driven development, rural revitalization and coordinated regional development. We will continue to work on targeted poverty alleviation and promote social equity and justice to give our people a greater sense of fulfillment, happiness, and security. The Chinese people will continue to increase openness and expand cooperation. We will stay committed to the strategy of opening-up for win-win results. We will pay equal attention to “bringing in” and “going global”, and break new ground in opening China further through links running eastward and westward, across land and over sea. We will adopt policies to promote high-standard liberalization and facilitation of trade and investment, and explore the opening of free trade ports with Chinese characteristics. The Chinese people will continue to work together with the rest of the world and make greater contribution to humanity. China will stick to the path of peaceful development, actively pursue global partnerships, firmly support multilateralism, and take an active part in reforming the global governance system. By doing so, we will be able to build a new type of international relations and promote a community with a shared future for mankind.
无论中国发展到什么程度，我们都不会威胁谁，都不会颠覆现行国际体系，都不会谋求建立势力范围。中国始终是世界和平的建设者、全球发展的贡献者、国际秩序的维护者。
No matter how much progress China has made in development, China will not threaten anyone else, attempt to overturn the existing international system, or seek spheres of influence. China will stay as determined as ever to build world peace, contribute to global prosperity and uphold the international order.
女士们、先生们、朋友们！
Ladies and Gentlemen,
Friends,
综合研判世界发展大势，经济全球化是不可逆转的时代潮流。正是基于这样的判断，我在中共十九大报告中强调，中国坚持对外开放的基本国策，坚持打开国门搞建设。我要明确告诉大家，中国开放的大门不会关闭，只会越开越大！
A comprehensive study of world development trajectories shows that economic globalization is an irreversible trend of our times. In line with this conclusion, I emphasized in my report to the 19th CPC National Congress that China will continue to adhere to its fundamental national policy of opening-up and pursue development with its door wide open. I wish to make it clear to all that China’s door of opening-up will not be closed and will only open even wider!
实践证明，过去40年中国经济发展是在开放条件下取得的，未来中国经济实现高质量发展也必须在更加开放条件下进行。这是中国基于发展需要作出的战略抉择，同时也是在以实际行动推动经济全球化造福世界各国人民。
What has happened proves that opening-up was key to China’s economic growth over the past 40 years and in the same vein, high-quality development of China’s economy in the future can only be achieved with greater openness. Opening-up is a strategic decision made by China based on its need for development as well as a concrete action taken by China to move economic globalization forward in a way that benefits people across the world.
在扩大开放方面，中国将采取以下重大举措。
China will adopt the following major measures to pursue further opening:
第一，大幅度放宽市场准入。今年，我们将推出几项有标志意义的举措。在服务业特别是金融业方面，去年年底宣布的放宽银行、证券、保险行业外资股比限制的重大措施要确保落地，同时要加快保险行业开放进程，放宽外资金融机构设立限制，扩大外资金融机构在华业务范围，拓宽中外金融市场合作领域。在制造业方面，目前已基本开放，保留限制的主要是汽车、船舶、飞机等少数行业，现在这些行业已经具备开放基础，下一步要尽快放宽外资股比限制特别是汽车行业外资限制。
First, we will significantly broaden market access. A number of landmark measures are to be launched this year. On services, financial services in particular, important announcement was made at the end of last year on measures to raise foreign equity caps in the banking, securities and insurance industries. We will ensure that these measures are materialized and at the same time make more moves toward further opening, including accelerating the opening-up of the insurance industry, easing restrictions on the establishment of foreign financial institutions in China and expanding their business scope, and opening up more areas of cooperation between Chinese and foreign financial markets. On manufacturing, we have basically opened up this sector with a small number of exceptions on automobiles, ships and aircraft. Now these industries are also in a position to open up. Going forward, we will ease as soon as possible foreign equity restrictions in these industries, automobiles in particular.
第二，创造更有吸引力的投资环境。投资环境就像空气，空气清新才能吸引更多外资。过去，中国吸引外资主要靠优惠政策，现在要更多靠改善投资环境。我们将加强同国际经贸规则对接，增强透明度，强化产权保护，坚持依法办事，鼓励竞争、反对垄断。今年3月，我们组建了国家市场监督管理总局，还有一些其他新的机构，对现有政府机构作出大幅度调整，坚决破除制约使市场在资源配置中起决定性作用、更好发挥政府作用的体制机制弊端。今年上半年，我们将完成修订外商投资负面清单工作，全面落实准入前国民待遇加负面清单管理制度。
Second, we will create a more attractive investment environment. Investment environment is like air, and only fresh air attracts more investment from the outside. China relied mainly on providing favorable policies for foreign investors in the past, but now we will have to rely more on improving the investment environment. We will enhance alignment with international economic and trading rules, increase transparency, strengthen property rights protection, uphold the rule of law, encourage competition and oppose monopoly. We established a host of new agencies such as the State Administration for Market Regulation as part of a major readjustment of government institutions this past March, the purpose of which is to remove the systematic and institutional obstacles that prevent the market from playing a decisive role in resources allocation and enable the government to better play its role. In the first six months of this year, we will finish the revision of the negative list on foreign investment and implement across the board the management system based on pre-establishment national treatment and negative list.
第三，加强知识产权保护。这是完善产权保护制度最重要的内容，也是提高中国经济竞争力最大的激励。对此，外资企业有要求，中国企业更有要求。今年，我们将重新组建国家知识产权局，完善加大执法力度，把违法成本显著提上去，把法律威慑作用充分发挥出来。我们鼓励中外企业开展正常技术交流合作，保护在华外资企业合法知识产权。同时，我们希望外国政府加强对中国知识产权的保护。
Third, we will strengthen protection of intellectual property rights (IPR). This is the centerpiece of the system for improving property rights protection, and it would provide the biggest boost to the competitiveness of the Chinese economy. Stronger IPR protection is the requirement of foreign enterprises, and even more so of Chinese enterprises. This year, we are re-instituting the State Intellectual Property Office to strengthen the ranks of its officers, step up law enforcement, significantly raise the cost for offenders and fully unlock the deterrent effect of relevant laws. We encourage normal technological exchanges and cooperation between Chinese and foreign enterprises, and protect the lawful IPR owned by foreign enterprises in China. At the same time, we hope foreign governments will also improve protection of Chinese IPR.
第四，主动扩大进口。内需是中国经济发展的基本动力，也是满足人民日益增长的美好生活需要的必然要求。中国不以追求贸易顺差为目标，真诚希望扩大进口，促进经常项目收支平衡。今年，我们将相当幅度降低汽车进口关税，同时降低部分其他产品进口关税，努力增加人民群众需求比较集中的特色优势产品进口，加快加入世界贸易组织《政府采购协定》进程。我们希望发达国家对正常合理的高技术产品贸易停止人为设限，放宽对华高技术产品出口管制。今年11月，我们将在上海举办首届中国国际进口博览会。这是个大平台，今后要年年办下去。这不是一般性的会展，而是我们主动开放市场的重大政策宣示和行动。欢迎各国朋友来华参加。
Fourth, we will take the initiative to expand imports. Domestic demand is the fundamental driving force for China’s economic development, and it is an essential requirement for us to meet the people’s ever-growing need for a better life. China does not seek trade surplus; we have a genuine desire to increase imports and achieve greater balance of international payments under the current account. This year, we will significantly lower the import tariffs for automobiles and reduce import tariffs for some other products. We will import more products that are competitive and needed by our people. We will seek faster progress toward joining the WTO Government Procurement Agreement. We hope developed countries will stop imposing restrictions on normal and reasonable trade of high-tech products and relax export controls on such trade with China. This November, we will hold the first China International Import Expo in Shanghai. It is not just another expo in an ordinary sense, but a major policy initiative and commitment taken of our own accord to open up the Chinese market. Friends from around the world are welcome to participate in the Expo.
我想强调的是，我刚才宣布的这些对外开放重大举措，我们将尽快使之落地，宜早不宜迟，宜快不宜慢，努力让开放成果及早惠及中国企业和人民，及早惠及世界各国企业和人民。我相信，经过努力，中国金融业竞争力将明显提升，资本市场将持续健康发展，现代产业体系建设将加快推进，中国市场环境将大大改善，知识产权将得到有力保护，中国对外开放一定会打开一个全新的局面。
I wish to emphasize that with regard to all those major initiatives of opening-up that I have just announced, we have every intention to translate them into reality, sooner rather than later. We want the outcomes of our opening-up efforts to deliver benefits as soon as possible to all enterprises and people in China and around the world. I am confident that with these efforts, China's financial sector will be much more competitive, our capital market will continue to enjoy healthy development, the building of a system of modern industries will be accelerated, our market environment will be greatly improved, and intellectual property rights will be effectively protected. In short, China will enter a new phase of opening-up.
5年前，我提出了共建“一带一路”倡议。5年来，已经有80多个国家和国际组织同中国签署了合作协议。共建“一带一路”倡议源于中国，但机会和成果属于世界，中国不打地缘博弈小算盘，不搞封闭排他小圈子，不做凌驾于人的强买强卖。需要指出的是，“一带一路”建设是全新的事物，在合作中有些不同意见是完全正常的，只要各方秉持和遵循共商共建共享的原则，就一定能增进合作、化解分歧，把“一带一路”打造成为顺应经济全球化潮流的最广泛国际合作平台，让共建“一带一路”更好造福各国人民。
Five years ago, I put forward the Belt and Road Initiative (BRI). Since then, more than 80 countries and international organizations have signed cooperation agreements with China. The BRI may be China’s idea, but its opportunities and outcomes are going to benefit the world. China has no geopolitical calculations, seeks no exclusionary blocs and imposes no business deals on others. It must be pointed out that as the BRI is a new initiative, it is perfectly natural for there to be different views. As long as the parties embrace the principle of extensive consultation, joint contribution and shared benefits, we can surely enhance cooperation and resolve differences. This way, we can make the BRI the broadest platform for international cooperation in keeping with the trend of economic globalization and to the greater benefit of all our peoples.
女士们、先生们、朋友们！
Ladies and Gentlemen,
Friends,
“积土而为山，积水而为海。”幸福和美好未来不会自己出现，成功属于勇毅而笃行的人。让我们坚持开放共赢，勇于变革创新，向着构建人类命运共同体的目标不断迈进，共创亚洲和世界的美好未来！
As a Chinese saying goes, “A mountain is formed by accumulation of earth and an ocean is formed by accumulation of water.” Happiness and a bright future will not appear automatically; success only favors those with courage and perseverance. Let us dedicate ourselves to openness and win-win outcomes, be brave to change and break new ground, and keep striving for a community with a shared future for mankind and a better tomorrow for Asia and the world!
最后，预祝博鳌亚洲论坛2018年年会圆满成功！
In closing, I wish this BFA Annual Conference a complete success.
谢谢大家。
Thank you.