Wuhan is home to the business operations of a number of US corporations, including auto maker General Motors Co.
Xi is scheduled to deliver a speech at the closing ceremony of the BRICS Business Forum, an important gathering of business leaders from the BRICS countries — Brazil, Russia, India, China and South Africa.
Xi to attend events as China sends positive signals on open economies
Xi Jinping, general secretary of the Communist Party of China Central Committee, said in a speech to the Fifth Plenary Session of the 19th Central Committee of the CPC in October that it was "completely possible" for China to become a high-income country by the end of the 14th Five-Year Plan (2021-25).
Xi first took over the presidency five years ago, pledging to push forward the great cause of socialism with Chinese characteristics, and strive for great rejuvenation of the Chinese nation.
Xi said it is important to adhere to open and innovative cooperation to maintain the vitality of China-Germany relations. This year marks the 40th anniversary of China’s reform and opening-up, and German businesses already have a head start in participating in the country’s new round of opening-up.
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Xi said he has maintained closer exchanges and reached many consensuses with Kazakh President Nursultan Nazarbayev, and these consensuses are being implemented by both governments. China attaches great importance to its relations with Kazakhstan, values the Central Asian neighbor's people-centered development concepts and supports its taking a path in line with its own national conditions, he said.
Xi said the sequence of opening-up in the financial sector should be arranged reasonably.
Wumart said it will join Dmall and Metro to provide directly procured products for small business owners in Beijing to alleviate their difficulties during the challenging time. The retailer's strong network for fresh goods has provided supplies to more than 2,000 small businesses, catering outlets and canteens as well as convenience stores. These business customers are able to order on Dmall's digital platform and the orders are expected to arrive the following day.
Xi also called on China and France to keep close coordination on global and regional affairs and promote the political settlement of hotspot issues.