On November 5, the opening ceremony of the 2nd CIIE was held in National Exhibition and Convention Center (Shanghai). President Xi Jinping attended the opening ceremony and delivered the keynote speech entitled "Openness and Cooperation for a Shared Future", stressing that all countries should adopt a more open mind and take more open measures to jointly build an open, cooperative, innovative and shared world economy. He reiterated that China will only open wider to the outside world and will continue to promote reform, development and innovation by opening to the outside world, and continue to push forward a higher level of opening-up. Guo Wenqing, General Manager, Deputy Secretary of Party Committee of China Minmetals Corporation and Chairman of MCC, led the trading delegation to attend the Expo and attended the opening ceremony, listening to president Xi Jinping's important keynote speech and conveying it to the group company's delegation for study the first time after the ceremony.

　　At 9:30 in the morning, in the warm applause, Xi jinping announced the official opening of the 2nd CIIE. Subsequently, He delivered a keynote speech.

　　Xi Jinping said that, a year ago in this same place, the inaugural CIIE was successfully held. Today, we are happy to be joined by even more friends.  I believe that you will all find your participation in the event worthwhile and rewarding! At last year's CIIE, I announced the initiatives China was to take in the five areas of further opening-up and spelled out three specific steps for Shanghai to open wider to the world. One year on, these initiatives and steps have been by and large implemented.

　　Xi stressed that economic globalization represents the trend of history. Great rivers all surge forward in relentless flow, and nothing can stop their mighty movement, not the current of undertows or hidden shoals or rocks beneath the water. Of the problems confronting the world economy, none can be resolved by a single country alone. We must all put the common good of humanity first, have a more open mindset and take more open steps, and work together to make the pie of the global market even bigger. We need to strengthen the mechanisms for sharing benefits globally, and explore new ways of international cooperation. The goal is to give more impetus to economic globalization and remove impediments as much as we could.

　　Xi put forward several proposals:

　　First, let us work together to build an open world economy through cooperation. In the face of conflicts and frictions, the right solution lies in consultation and cooperation. All problems could be settled in the spirit of equality, mutual understanding and accommodation. We need to promote development through opening-up.We need to "join hands" with each other instead of "letting go of each other's hands", "tear down walls" instead of "erecting walls", and stand firm against protectionism and unilateralism.

　　Second, let us work together to build an open world economy with innovation. We need to step up cooperation in innovation, facilitate integration of science and technology with economic growth, and increase the sharing of innovation results. We need to support our businesses in technical exchanges and cooperation on their own accord, which is a way to unleash the potential for innovation. We need to tighten the protection of intellectual property, and the least desirable is for us to stifle the flow of knowledge, or to create or even widen the technology divide among us.

　　Third, let us work together to build an open world economy for mutual benefits. We need to work together to safeguard the international order underpinned by the purposes and principles of the UN Charter, uphold the core values and basic principles of the multilateral trading system, and promote the liberalization and facilitation of trade and investment. We need to increase support for the least developed countries so that the benefits of development will reach more countries and peoples.

　　Xi stressed that, standing at a new historical starting point, China will open its door only wider to the world. China will stay committed to opening-up to promote reform, development and innovation, and bring about opening-up at an even higher level.

　　First, China will continue to open up its market.  The middle-income population in China is the biggest in the world, and the huge Chinese market points to a potential that is simply unlimited. Chinese market is such a big one that you should all come and see what it has to offer. China will foster a more robust domestic market, give greater importance to import, continue to lower tariffs and institutional transaction costs, develop demonstration zones to promote import trade by creative means, and import more high-quality goods and services from around the world.

　　Second, China will continue to  improve the pattern of opening-up. China will continue to encourage bold trials and experiments in pilot free trade zones, quicken the development of the Hainan Free Trade Port continue to promote the integrated development of the Beijing-Tianjin-Hebei region, the Yangtze River Economic Belt, the Yangtze River Delta region, and the Guangdong-Hong Kong-Macao Greater Bay Area, and draw up a new national strategy for environmental protection and high-quality development in the Yellow River basin, with the purpose of seeking greater synergy of opening-up.

　　Third, China will continue to improve the business environment. China will continue to remove major constraints on economic development, gear up reforms regarding key links and areas, and modernize the system and capacity for governance as an institutional support for high-standard opening-up and high-quality development. China will continue to foster an enabling business environment that is based on market principles, governed by law, and up to international standards, give foreign investments greater market access to more sectors, shorten the negative list further, improve institutions for investment promotion and protection and for information reporting, and improve the legal system for protecting intellectual property rights.

　　Fourth, China will continue to deepen multilateral and bilateral cooperation.  China supports necessary reforms to the WTO so that the multilateral trading regime can be more authoritative and effective. It is hoped that the Regional Comprehensive Economic Partnership (RCEP) will be signed and enter into force at an early date. China will be happy to conclude high-standard free trade agreements with more countries, and speed up negotiations on a China-EU investment agreement, a China-Japan-ROK FTA, and a China-Gulf Cooperation Council (GCC) FTA. China will stay actively engaged in cooperation within the United Nations, the G20, APEC, and BRICS to move economic globalization forward.

　　Fifth, China will continue to advance Belt and Road cooperation. China will follow the principle of extensive consultation, joint contribution, and shared benefits, the philosophy of open, green, and clean cooperation, and a high-standard, people-centered, and sustainable approach to promote high-quality Belt and Road cooperation.

　　Xi said that, looking forward, China will follow the new development approach and the strategy of innovation-driven development, redouble our efforts to foster new growth drivers by shifting the growth model, improving the economic structure, and creating new growth momentum, and promote high-quality economic development and create more growth opportunities for the global economy. I have faith in the bright prospects of China's economic development.

　　In the end, Xi stressed that, China's development, viewed through the lens of history, is an integral part of the lofty cause of human progress. China will reach out its arms and offer countries in the world more opportunities of market, investment and growth to achieve development for all. Let us all work together and contribute to an open global economy and to a community with a shared future for mankind.

　　After the opening ceremony, Guo Wenqing also visited China Pavilion and some other pavilions, carefully watched the video of the opening introduction of the China Pavilion, visited some units of the China Pavilion such as "Innovation and opening up of China", and had a cordial exchange with the heads of relevant pavilions. Jiao Jian, Party Group member and Deputy General Manager of China Minmetals, attended the sub forum on cooperation between Chinese and foreign enterprises on the morning of November 6. Ren Zhufeng, Party Group member and Deputy General Manager of China Minmetals, attended the sub forum on Chinese and European entrepreneurs on the morning of November 6.

　　Jiao Jian accompanied Guo Wenqing to attend the above visits. Xing Yan , Bai Xiaohu and other relevant personnel from the head office and directly affiliated subsidiaries of China Minmetals participate in related activities.

　　Guo Wenqing leads the trading delegation to take a group photo in the China Pavilion

　　Guo Wenqing is briefed by officials of the China Pavilion

　　Guo Wenqing has cordial talks with officials of the China Pavilion

　　Guo Wenqing carefully visits the China Pavilion