Xi says China's development will bring greater new opportunities to world

BEIJING - Chinese President Xi Jinping on Saturday said China's development will bring even greater and new opportunities to the world and inject more new impetus to the world economy.

Xi made the remarks while addressing the 16th G20 Leaders' Summit via video link.

China will stay committed to the fundamental state policy of opening-up to unleash the potential of its huge market and enormous domestic demand, said Xi.

China will promote institutional opening-up that covers rules, regulations, management and standards, and step up the protection of intellectual property rights, said Xi.

China will continue to foster a business environment that is based on market principles, governed by law and up to international standards, and ensure a fair and equitable market order for both domestic and foreign companies, said Xi.