At the Economic Summit of the China Development Forum in Beijing on Saturday, experts proposed that China should pluck up its courage and take the opportunity of resolving its structural problems to transform external pressure into internal impetus.

The Chinese economy and society have witnessed fundamental changes since China joined the World Trade Organization in 2001－China's gross domestic product has risen from 11.09 trillion yuan ($1.65 trillion) in 2001 to 90.03 trillion yuan in 2018 and its average per capita GDP has increased from 8,717 yuan to 65,684 yuan－and, like it or not, the country has come to another crossroad when it must adjust its relations with the outside world.

There is no doubt that the gap between China and the developed countries is still large, and the task of development is still challenging. In order to reach the economic level of developed countries, we need to continue to drive the high-quality development of the Chinese economy with reform and opening up.

Reform and opening-up will continue to serve as two wheels carrying forward the development of the Chinese economy with the focus on efficiency and sustainability.

Rest assured that China's development will, as before, continue to bring tangible benefits to the world. China's unswerving open-up, inclusive going out initiatives and determined deepening of institutional reforms－with the passing of the Foreign Investment Law as latest testimony to its determination to embrace the economic globalization－all represent its resolve to not only weave itself deeper into more of the global networks, but also let others to enjoy dividends of its growth through the connections.

It is fair to say China still had options on whether and when to join the WTO in the early 21st century; while after nearly 20 years' development, it has almost no choice but to further open its door, during which overcoming external difficulties and boosting domestic development have been and will continue to be two sides of the same coin.

The adjustment of the rules to build a more open market environment itself is the meaning of supply-side structural reform. Therefore, only by integrating into an open and inclusive rules system can we become a highland of international economic cooperation and push forward deepening reform of the Chinese economy.

Building a high-level open system of a second accession to a reformed WTO with the courage and will has naturally become the only strategic choice for China's economic and social development.

--Beijing News