Editorial: Openness and the Private Sector — Charting a Path Forward

At the recent National People’s Congress, China’s new Premier Li Qiang seized the world’s attention with his compelling inaugural press conference. Tackling a range of pressing issues, Li’s call to “embrace reform and embark on an open path” resonated deeply, sparking anticipation and hope for the future.

Li underscored the government’s commitment to serving the people and enhancing their well-being. To realize these goals, China must champion reform and openness as guiding principles. In its quest for modernization and the achievement of its long-term goals, China must persistently engage in socialist market economy reforms while maintaining a high level of openness to the world.