Those measures included lowering import tariffs for autos and other products, enforcing the legal intellectual property of foreign firms, and improving the investment environment for international companies.
Xi's address — from the Boao Forum for Asia, an annual summit that's been dubbed the "Asian Davos" — comes amid escalating trade tensions between China and the U.S. as the world's two largest economies take turns announcing punitive trade measures against each other.
In his speech, the Chinese president sold a vision of China as a benevolent leader of the global economy, emphasizing that open systems are the best course of action for the world.
China will continue opening up even further to the rest of the globe, he said throughout the speech. He discussed some of the ways the country plans to open further.
One of those is China pushing the state intellectual property office this year to step up law enforcement of relevant laws, Xi said.
"We encourage normal technological exchanges and cooperation between Chinese and foreign enterprise and protect the lawful [intellectual property] owned by foreign enterprises in China," he said.
Reference: CNBC
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