Xi spoke to about 3,000 business and government representatives who gathered for the event. Many expected Xi to announce reforms for trade and investment. But that did not happen. Carlo Diego D'Andrea is vice president and Shanghai Chapter chairman of the European Chamber of Commerce in China.
He told VOA, "We were waiting today for President Xi to inform the world about the reform that will take place in the coming days, but what we wanted to hear, (such as) the complete steps on implementing the reform and a clear timetable, did not appear."
Xi said China would ease barriers to industries such as financial services, agriculture, mining and education. He said the nation would increase purchasing of imported goods and lower tariffs. He also said China would create a better business environment with a reasonable system of rules, including punishing intellectual property rights violators.
Xi admitted China could work to better protect intellectual property rights. But he also said those who are not pleased with China’s behavior should look at their own treatment of such rights, as well.
Some of Xi’s comments appeared to be directed toward the United States and its leader, President Donald Trump.
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