Full text of Chinese VP Zhang Gaoli's address at opening dinner of 2013 Fortune Global Forum

Sixth, we will deepen reform and opening-up across the board and never cease to reform or open up. Practices show that reform and opening-up are the essential driving force behind China's development today. Had it not been for the reform and opening-up policy, the Chinese nation would never have been where it is today. Only by sticking to reform and opening-up can China have a bright future. We will integrate top-level design for reform with individual and community-level initiatives, underscore key areas and links as well as major issues, encourage breakthroughs in necessary areas while ensuring an overall gradual approach, forcefully pursue reform in a top-down manner, and make sure that every minor victory adds to our final triumph. We will form a unified market system, create a set of fair, equal and open market rules and an environment for all types of companies of different ownership structures to compete fairly. Reform of the administrative systems, fiscal and taxation, finance, investment, state-owned enterprises and pricing mechanisms will be deepened so that the systems of each area can be more mature and well-established. You may have noticed that a new round of reform measures has been unleashed in China. In less than three months since taking office, the new government of China has canceled or delegated to lower levels 133 items concerning business operation that needed central administrative approval. We will continue to do so and give more power to the market, society and enterprises. We will leverage to a greater extent and in a wider scope the basic role of the market in allocating resources.

China is committed to further opening up across the board. The Chinese nation, more open-minded and with a broader vision, will vigorously absorb and learn from other civilizations. China will embrace a more active strategy to open up its market and try to build an open economic structure that is mutually beneficial, diversified yet balanced, safe and highly efficient. To achieve balanced foreign trade growth, we will attach equal importance to imports and exports and make sure that we expand imports while optimizing exports. We are firmly opposed to protectionism of all forms, and stand for liberalization and facilitation of trade and investment.