(YiCai Global) Nov.5--President Xi Jinping delivered a keynote speech at the opening ceremony of the China International Import Expo in Shanghai on Monday. Here are the highlights.

On CIIE and opening-up

The China International Import Expo is a "trail-blazing" move in the history of international trade development. The CIIE is the first-ever import-themed national-level expo.

Economic globalization is an irreversible historical trend and provides strong momentum for the world economic development.

All countries should be committed to opening-up and oppose protectionism and unilateralism in a clear-cut stand.

All countries should stick to innovation and accelerate the transition with traditional growth drivers being replaced by new ones.

All countries should uphold the principle of inclusive development and shared benefits, in order to realize common development.

China will not close its door to the world and will only become more and more open.

On measures to promote opening-up

1. Imports

China's initiative to expand imports is not a makeshift, but long-term consideration of embracing the world and future while promoting common development.

2. Market access

China's imported goods and services are estimated to exceed $30 trillion and $10 trillion, respectively, in the next 15 years.

Measures announced in April to relax market access have been so far implemented. China has further simplified negative list of foreign investment, reduced investment limits and lifted the level of free investment.

China is taking solid steps to expand financial opening-up, continue to advance opening-up in the service sector, deepen opening-up in agriculture, mining, manufacturing, and accelerate the opening-up process of sectors including telecommunications, education, medical treatment and culture.

3. Business environment

Every country should strive to improve their own business environment and solve their own problems.

4. Free trade port

China will speed up the exploration of the building of free trade ports with Chinese characteristics.

5. Multilateral, bilateral cooperation

China will push forward multilateral and bilateral cooperation in pursuit of development.

On China's economic prospects

A fully optimistic attitude can be held toward the prospects of China's economic development.

The Chinese economy is a sea, not a pond. Storms can overturn a pond, but never a sea.

On Shanghai's role in opening up

China will give better play to the important role of Shanghai and other regions in opening up.