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China is actively fostering a new development pattern and steadfastly expanding domestic demand and opening-up, which will bring new opportunities to Germany, Xi pointed out, adding that China also hopes that Germany and the European Union (EU) will be open to Chinese enterprises.

By the end of 2025, the country will see all of its reservoirs that currently constitute problems and risks fixed and strengthened, it said.

Li also attributed the steady recovery of the Chinese economy to parallel efforts to advance reform and opening-up, which energized market entities and unleashed the internal dynamism of the economy.

The meeting also decided on steps to strengthen publicity and training for localities, business associations and enterprises to familiarize them with the rules of the agreement, and shape deeper understanding of the opportunities and challenges brought by opening-up and competition at a larger scale and with higher standards.

While encouraging and protecting foreign investment, the rules should prevent and dissolve national security risks and safeguard opening-up at a higher level, the official said. He added that opening-up without security protection is unsustainable in the long run.