China will continue to cut its tariffs and expand imports of high-quality goods and services, Chinese President Xi Jinping said on Thursday, while vowing to push reforms and promote an innovation-driven growth model.

"We will further reduce tariffs and institutional costs..., and expand imports of high-quality products and services from all countries," Xi said in a keynote speech delivered via video at the Apec CEO Dialogues, ahead of a leaders' virtual summit on the future of international cooperation on Friday...