BEIJING -- Chinese modernization will provide more opportunities for businesses from the United States and all other countries, said President Xi Jinping on Friday.

Xi made the remarks in a congratulatory message to the gala dinner celebrating the 50th anniversary of the US-China Business Council, noting there is huge potential, vast space, and a promising future for greater economic and trade cooperation between the two countries.

China will remain firmly committed to advancing high-quality development and high-standard opening up, and to fostering a market-oriented, law-based and world-class business environment, said Xi.