Higher-level opening-up key to China's future development: Experts

China's higher-level opening-up is an essential choice it makes for its future development when it strives to shape the new development paradigm of "dual circulation" and will offer more opportunities to the rest of the world for shared growth, experts and scholars said.

Speaking on Saturday at the opening of the 86th International Forum on China Reform held in Haikou, Hainan province, Xie Fuzhan, president of the Chinese Academy of Social Sciences, said building the new development paradigm, with the domestic market as the mainstay while domestic and international markets reinforce each other, calls for consistent reform and all-around opening-up.

While improving the business environment, Xie called for leveling the field so that domestic circulation with higher efficiency will help attract global production factors and resources.