Chinese President Xi Jinping talks about trade, ivestment and intellectual property

Chinese President Xi Jinping laid out an agenda of economic measures that touched on trade, investment, and intellectual property rights during a high-profile speech, delivered at the opening ceremony of the Boao Forum. Xi Jinping also issued a defence of the multilateral, rules-based order, especially the multilateral trading system, and Beijing’s leading role in safeguarding multilateral institutions. He defended the importance of promoting “economic globalisation toward more open, inclusive, balanced, and win-win development”.  According to him, China would “not engage in a zero-sum game” with “the rest of the world,” and would “not engage in power bullying.” The Chinese leader also highlighted the role that international steering groups, such as the G20 coalition of major advanced and emerging economies, could play going forward.