This year marks the 40th anniversary of China's groundbreaking reform and opening-up. On April 10, President Xi Jinping made a speech at the opening ceremony of the Boao Forum for Asia Annual Conference, reaffirming China's commitment to deepening reform and opening-up.

"China's reform and opening-up meets its people's aspirations for development, innovation and a better life. It also meets the global trend toward development, cooperation and peace," he said.

At the conference, Chinese leadership also reassured the world China will step up its reform and opening-up as a strategic choice, and push forward economic globalization to benefit the world with concrete measures.

Let's take a look at a slew of substantial opening-up measures recently announced by China covering the financial, trade and investment fields.

Building a pilot free trade zone on the tropical island province of Hainan

President Xi Jinping unveiled China's plan to turn the whole of Hainan Island into a pilot international free trade zone on April 13.

In the future, Hainan will become a pilot zone for comprehensively deepening reform and opening-up, a pilot zone for the country's ecological civilization, an international tourism and consumption center and a zone offering services and support for the country's major strategies.

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