China will surprise world with more reforms to open up economy: Xi adviser

Opening up is not only important for China, but also for the whole world: Liu

China will introduce more reform measures to open up its economy this year, according to Liu He, the top financial and economic adviser to President Xi Jinping.

“Some measures will exceed the expectations of the international community,” Liu said Wednesday at the World Economic Forum’s annual meeting in Davos, Switzerland, without specifying what the new policies would be.

“Opening up is not only important for China, but also for the whole world,” he said, adding, a fresh reform push was also a celebration of the 40th anniversary of the nation’s shift away from a closed Communist system.

Further measures to encourage