Premier Li Qiang attended the opening ceremony of the fair and delivered a keynote speech. He highlighted that an increasingly open China that is constantly innovating and honors its commitments will bring new opportunities, provide fresh momentum and inject certainty into the world.

Noting that market connectivity is not a tool for rivalry, but rather an effective approach to creating incremental growth, Li stressed the country's commitment to promoting the continuous integration and mutual growth of its domestic market and the global market, and to building an open world economy.

As a "super seller" and "super buyer", China is also committed to delivering more benefits to its neighbors and creating greater prosperity for all parties, he said.

He expressed the nation's willingness to import more high-quality products, especially those with high added value, from other countries, encouraging more countries to lift restrictions and work with China to actively promote the balanced development of trade.

While underscoring the importance of promoting mutually beneficial and win-win cooperation, Li said that China is always committed to promoting shared development.

Li emphasized that China will continue to promote high-quality development, expand high-standard opening-up, and take active and pragmatic steps to add momentum to the world economy.

Guests interact on Wednesday before the opening ceremony of the 140th edition of the China Import and Export Fair, also known as the Canton Fair, in Guangzhou, Guangdong province. WANG ZHUANGFEI / CHINA DAILY

The actions will include sharing more market opportunities with other countries, expanding more mutually beneficial cooperation and firmly safeguarding the international economic and trade order, he added.

While further lowering market access thresholds to welcome more foreign enterprises to invest and thrive in the country, China will strengthen alignment of development strategies with other countries and support Chinese enterprises to invest overseas in an orderly manner, Li said.

He also expressed the country's support for the reform and development of the World Trade Organization, and its willingness to work with all parties to explore future-oriented international economic and trade rules and promote universally beneficial and inclusive economic globalization.