On March 27th and 29th, Vice President Han Zheng met in Beijing with Qi Yaonian, CEO of HSBC Group, Shi Minglun, CEO of Swire Group, Luo Fude, Chairman of Abbott Laboratories, Beite, Chairman of the Board of Directors of Allianz Group, and Zhao Guohua, Chairman of the Board of Directors of Schneider Electric Corporation, who were in China to attend the 2023 annual meeting of the China Development Forum. Han Zheng stated that multinational companies have made positive contributions to China's economic development over the years, are witnesses and participants in China's reform and opening up, and have also achieved tremendous development themselves. This year marks the 45th anniversary of China's reform and opening up. Practice has fully proven that reform and opening up have greatly promoted China's development. No matter how volatile the international situation may be, the door to China's opening up will only become wider and wider. The 20th National Congress of the Communist Party of China made a strategic plan for China's development in the future. China is committed to comprehensively promoting the great rejuvenation of the Chinese nation with Chinese path to modernization. In this historical process, we will unswervingly promote high-level opening up, maintain the continuity and stability of domestic and foreign policies, deeply participate in global industrial division and cooperation, strive to create a market-oriented, legalized, and internationalized first-class business environment, and provide more opportunities for enterprises from all countries. Han Zheng stated that high-quality development is the primary task for China to comprehensively build a socialist modern country. China's high-quality development cannot be separated from international cooperation and the participation of various market entities, including multinational companies. The current international situation is complex and volatile, and it is important for Chinese and foreign businesses to strengthen communication and cooperation. Since this year, China's economy has stabilized and rebounded. From January to February, the actual utilization of foreign capital reached nearly 40 billion US dollars, maintaining a growth momentum. The fundamentals of China's long-term economic growth have not changed. We are confident that we will achieve the expected economic growth target of around 5% this year. It is hoped that enterprises from all countries will strengthen their confidence in investment and cooperation with China, take root in the Chinese market, and share the new opportunities brought about by China's new development. Qi Yaonian and others stated that China's reform and opening up has achieved fruitful results, and in recent years, China's economic development has always been the most important stabilizer of the world economy. Many multinational companies have benefited from China's reform and opening up, and have been able to develop successfully. I would like to thank the Chinese government for promoting institutional and institutional reform for a long time, paying attention to improving the business environment and protecting the rights and interests of foreign investment. Optimising China's economic growth potential, innovative vitality, and investment opportunities will increase investment in China and achieve win-win development. (Liao Xinshe)