HANOI, March 30 (Xinhua) -- China's development has entered a new era and will continue to provide strong impetus and more opportunities to the development of countries in the Greater Mekong Subregion (GMS) and beyond, Chinese State Councilor and Foreign Minister Wang Yi said here Friday.
Wang is in Vietnam to attend the sixth summit of the GMS Economic Cooperation and to pay an official visit to the country from Friday to Monday.
Addressing the GMS Business Summit, Wang said guided by the innovative, coordinated, green, open and inclusive approach to development, China will focus on supply-side structural reform and advance strategic adjustment and upgrading of its economy.
"China's economic development will be more stable, coordinated and sustainable, and shift to high-quality development at a faster pace."
The door of China's opening-up will not be closed but will open even wider, Wang said, adding in pursuing opening-up on all fronts, China will adopt policies to promote high-level trade and investment liberalization and facilitation, significantly ease market access, further open up the service sector and the financial sector in particular, protect the legitimate rights and interests of foreign investors, protect intellectual property rights and create a world-class business environment.
"China opens up to all parts of the world, but first of all, to our neighbors. You will be the first to hear the steps of China's opening and share its dividents."
Wang stressed that China will remain committed to pursuing common development of the GMS countries.
With geographical proximity, cultural affinity and interconnected interests, the six GMS countries, namely Cambodia, China, Laos, Myanmar, Thailand and Vietnam, are in a strong position for cooperation, Wang said.
"As a member of the GMS, China sees its own development and future closely linked with those of the other sub-regional countries."
"The Chinese often say that it is better to have a close neighbor than a distant relative. Indeed, the neighborhood has been so important to China's development."
Neighboring countries have also been the first to benefit from China's development, and China will keep the policy of amity, sincerity, mutual benefit and inclusiveness to pursue partnership and friendship with the other GMS countries, Wang noted.
In a spirit of partnership, China is ready to deepen mutual political trust and practical cooperation with other GMS countries to advance regional development and the people's well-being, he said.
"Taking other GMS countries as good neighbors, partners and friends, China welcomes you to be the priority passengers on the express train of China's development," Wang added.