Editor's Note: This year marks the 40th anniversary of China's reform and opening-up. China has rolled out a slew of substantial opening-up measures since the beginning of 2018. Let's take a look at milestones since the adoption of the reform and opening-up policy in 1978.
President Xi Jinping and his wife, Peng Liyuan, take a group photo with foreign leaders, dignitaries and spouses before the opening of the annual conference of the Boao Forum for Asia in Hainan province on April 10, 2018. (PHOTO / XINHUA)
2018: President Xi Jinping delivered the keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference, reaffirming China's commitment to deepening reform and opening-up.
Journalists take pictures outside the venue of the Belt and Road Forum for International Cooperation in Beijing on May 15, 2017. (PHOTO / VCG)
2017: The first Belt and Road Forum for International Cooperation was held in Beijing.
International Monetary Fund Managing Director Christine Lagarde departs following a press conference at IMF headquarters on Nov 30, 2015 in Washington. (PHOTO / VCG)
2015: The International Monetary Fund decided to include the Chinese currency in its basket. From Oct 1, 2016, the renminbi will be a freely usable currency and will be included in the special drawing rights basket as the fifth currency along with the US dollar, the euro, the Japanese yen and the British pound.
People take pictures as a train carrying containers from London arrives at the freight railway station in Yiwu, Zhejiang province, April 29, 2017. (PHOTO / VCG)
2013: President Xi Jinping proposed the Belt and Road Initiative, which refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road. The network passes through more than 60 countries and regions, with a total population of 4.4 billion.
The gate of the China (Shanghai) Pilot Free Trade Zone. (PHOTO / XINHUA)
2013: The Shanghai municipal government unveiled the China (Shanghai) Pilot Free Trade Zone.
Fireworks explode over the National Stadium during the opening ceremony for the Beijing 2008 Olympic Games at the National Stadium on August 8, 2008. (PHOTO / VCG)
2008: The 29th Summer Olympic Games were held in Beijing. Shanghai, Tianjin, Shenyang, Qinhuangdao, Qingdao and Hong Kong became co-host cities.
The World Trade Organization (WTO) headquarters are seen in Geneva on April 12, 2018. (PHOTO / VCG)
2001: China joined the World Trade Organization, becoming the multilateral trade body's 143rd member.
People look at the Pudong New Area of Shanghai on Sept 28, 1998. (PHOTO / VCG)
1992: The State Council approved setting up the Pudong New Area in Shanghai.
A yacht moves past the cruise ship hub in Sanya, Hainan province, during a nightly circuit. (SHAO XIAOFENG / CHINA DAILY)
1988: The first session of the Seventh National People's Congress decided to establish Hainan province, and make Hainan Island a special economic zone.
Women present a traditional Chinese women's dress also known as Qipao, in Hangzhou, east China's Zhejiang province, Oct 14, 2017. (PHOTO / XINHUA)
1988: The State Council decided to open more cities and counties in coastal areas for economic development. Newly-designated zones include the provincial capitals of Hangzhou in Zhejiang, Nanjing in Jiangsu, and Shenyang in Liaoning, in addition to 137 other cities and counties.
The Shanghai-Nantong Bridge under construction. (YUAN SONGCHENG / CHINA DAILY)
1985: The State Council decided to open three more coastal areas to foreign investment: the Yangtze River Delta and the Pearl River Delta, and part of southern Fujian province including the cities of Xiamen, Zhangzhou and Quanzhou.
China's first domestically built aircraft carrier is launched at a shipyard in the northeastern port city of Dalian, on April 26, 2017. (PHOTO / VCG)
1984: The central government decided to open 14 coastal cities further to the outside world － Dalian, Qinhuangdao, Tianjin, Yantai, Qingdao, Lianyungang, Nantong, Shanghai, Ningbo, Wenzhou, Fuzhou, Guangzhou, Zhanjiang and Beihai.
Luohu district in Shenzhen, which used to be a poor village, is now a flourishing residential area with modern apartment buildings. (LUO HAIMING / CHINA DAILY)
1979: The central government decided to set up four special economic zones: Shenzhen, Zhuhai and Shantou in Guangdong province and Xiamen in Fujian province.
Journalists and delegates attend a celebration to mark the 30th anniversary of China's reform and opening-up at the Great Hall of the People in Beijing, Dec 18, 2008. (PHOTO / VCG)
1978: The third plenary session of the 11th CPC Central Committee was held in Beijing, unveiling a new era of China's reform and opening up.