China is developing through interaction with the world: white paper

Source: Xinhua| 2019-09-27 11:31:49|Editor: huaxia
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BEIJING, Sept. 27 (Xinhua) -- China is developing through interaction with the world, according to a white paper released by the State Council Information Office Friday.

"China is a part of the world, and China's development is closely related to the rest of the world," said the paper, titled "China and the World in the New Era."

In the early days after the founding of the People's Republic of China, China made great efforts to break an external blockade, actively conducting economic, trade and cultural exchanges with other countries, according to the paper.

Since reform and opening up in 1978, following the trend of globalization and promoting opening up as a fundamental state policy, China has been seeking development with its door open, it said.

"China has embraced the world, learned from the world, and contributed to the world, through positive interaction and shared development," it noted.

From 1978 to 2018, China attracted more than 2 trillion U.S. dollars in non-financial FDI, and nearly 1 million foreign-invested enterprises were set up in the country. In 2018, almost half a million foreign students came to study in China, figures from the paper show.

In 2018, China's overseas investment reached 143 billion U.S. dollars. From 1978 to 2018, China's foreign trade amounted to 52.2 trillion U.S. dollars, according to the paper.

In recent years, China has maintained its position as the world's largest source of overseas tourists. In 2018, Chinese outbound tourists numbered nearly 150 million.

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