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Ambassador Wu Xi delivers a speech at the Building Nations Symposium 2018

At the invitation of Infrastructure New Zealand, Ambassador Wu Xi delivered a speech at the Building Nations Symposium 2018 on August 17 in Auckland.

In her speech, Ambassador Wu noted that over the past 40 years since China’s implementation of reform and opening up, tremendous achievements have been made with the continuous improvement of infrastructure. China will remain committed to the development philosophy of innovation-driven, coordinated, green and open development, and pay more attention to the quality and sustainability of development. In the first half of 2018, China’s economy registered a slower but stable performance with good momentum for growth. Domestic demand has continued to play a more prominent role in driving economic growth. We are confident that China’s economy will remain stable for the rest of the year.

Ambassador Wu noted that the achievements of the past 40 years have proved that China has found the most appropriate path for development, and it will continue to follow this path. In last April, President Xi Jinping delivered an important speech at the 2018 annual conference of the Boao Forum for Asia, reiterating that China will adhere to the fundamental national policy of opening-up and pursue development with its door wide open. With a view of solving problems in the global and regional economy, President Xi put forward the Belt and Road Initiative to provide a Chinese solution for global development. China will adhere to the principle of seeking shared benefits through extensive consultation and joint contribution,and work together with parties concerned to further advance this Initiative for the establishment of a community of shared future for mankind.

Ambassador Wu noted that as an important part of practical cooperation between China and New Zealand, infrastructure cooperation has maintained a sound momentum. China's policy of opening the door wider brings good opportunities for China-New Zealand infrastructure cooperation. The signing of the Memorandum of Arrangements on Strengthening Cooperation on the Belt and Road Initiative between the two countries has established an important platform for infrastructure construction. Ambassador Wu believed that with the joint efforts of the two countries, cooperation between China and New Zealand in infrastructure and other areas will bring more tangible benefits to the two peoples.

The symposium was hosted by Infrastructure New Zealand, with the theme of ‘Lifting Vision, Creating Value’. New Zealand Prime Minister the Rt Hon Jacinda Ardern, the Minister of Finance Hon Grant Robertson and the Minister of Transport Hon Phil Twyford attended the symposium and delivered speeches. Participants also included representatives from the New Zealand Government, public and private sectors, the business community and Chinese enterprises based in New Zealand.

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