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China launched its reform and opening-up policy in 1978. From 1979 to 2012, the Chinese economy grew at an average annual rate of 9.8 percent while global growth averaged 2.8 percent in the same period.
China will adjust import tariffs for a range of products, including frozen pork, starting from Jan 1, 2020, to promote high-quality trade development.
China issued a first list of VAT reductions on rare-disease drugs last year that covered 21 drugs and four ingredients.
China started to mediate on the Korean nuclear issue and host talks in 2003, at the United States' sincere request. As a developing country, China upholds its five principles of peaceful coexistence. On the Korean nuclear issue, which has a direct bearing over regional security, China's position is to strongly oppose nuclear proliferation. Upon taking up its role as a mediator, China firmly requested the Democratic People's Republic of Korea (DPRK, commonly referred to as North Korea) to stop its nuclear weapons development while requesting other concerned parties, especially the U.S., to address the DPRK's legitimate security concerns. But the deep mistrust between the U.S. and the DPRK made it very hard for any consensus or agreement made during the years of negotiations to be effectively implemented.
China is willing to join hands with Thailand to push forward the construction of big projects including the China-Thailand high-speed railway and the Eastern Economic Corridor in Thailand within the framework of China's Belt and Road Initiative.
来源：资阳报