【正确答案】Honourable President Garcia,
Colleagues,
I am very pleased to get together with all of you again and to exchange views on international and regional issues of common concern. I would like to express my thanks for the painstaking arrangements that President Garcia and the Peruvian government have made for this meeting.
At this time, economic globalization is developing in depth, and Asian-Pacific regional and sub-regional cooperation is moving forward rapidly. This region is becoming an important driving force for world economic development, but at the same time, the world and the Asian-Pacific region are facing numerous unstable and uncertain factors. They are mainly manifested as: international financial markets are in turmoil, the negative impact of the financial crisis on the global real economies is becoming gradually evident, world economic growth is slowing down, and issued related to food security and energy security are becoming prominent: the WTO Doha Round talks are bogged down, and trade protectionism is gaining ground. In addition, non-traditional security issues such as environmental pollution, major natural disasters, and major contagious diseases still exist. These issues pose severe challenges to the healthy and stable development of the world economy. Today, with increasingly close dependency among countries, it is very difficult for any member country to stay aloof from the above-mentioned challenges. Resolution of these issues will require the joint efforts of all member countries. We maintain that, faced with the new and complicated situation, all parties should adhere to the concept of opening up and cooperation, turn challenges into opportunities, and strive to bring about mutual benefits and win-win results.
Colleagues!
At this time, the international financial crisis is spreading rapidly and affecting a wide range of sectors and is the most severe challenge confronting world economic growth. Effectively dealing with financial risks, safeguarding international financial stability, and promoting world economic development are important and urgent tasks for various countries and various regions, and this demands that the international community enhance confidence, step up coordination, and maintain close cooperation. The G20 Summit on Financial Markets and the World Economy last week made positive results in this regard. Here, the Chinese side would like to put forth the following points.
First, to contain the financial crisis which is worsening, all countries should adopt effective measures, step up coordination on macroeconomic policies, improve information communication, provide assistance to each other as much as possible, and adopt all necessary financial and monetary means; all countries should contain the expansion and spread of the financial crisis, stabilize global financial markets, actively promote economic growth, alleviate the harm brought by this financial crisis on the real economy, and avoid a global economic recession.
Second, the international community should conscientiously sum up the lessons of the financial crisis. It should conduct necessary reform of the international financial system and create a system environment conducive to healthy global economic development on the basis of full consultation among all parties concerned, by grasping the direction for building a new international financial order which is fair, just, inclusive, and orderly, and by upholding the principle of being comprehensive, balanced, and progressive and striving for substantial results. Reform of the international financial system should reflect the general laws and principles of financial supervision and should also give consideration to the development stage and characteristics of different economic entities and embody the interests of all parties concerned and especially the interests of emerging markets and nations and developing countries. It is necessary to step up cooperation in international financial supervision and improve the international supervisory system; push for reform of international financial institutions and raise the ability of international financial institutions to realistically fulfil their responsibilities; encourage regional financial cooperation and give full play to the role of regional funding assistance mechanisms; and, steadily promote diversification in the international monetary system and jointly support the stability of the international monetary system. All types of financial institutes and intermediate institutes should step up risk management and raise transparency and be determined to increase supervision and early warning on short-term capital flow risks and innovative financial products.
Third, from the long-term perspective, it is necessary to realistically change unsustainable economic growth modes and resolve deep-level issues existing in our respective economic development. We should pay full attention to the impact of this financial crisis on developing countries, provide necessary support to relevant countries, and help developing countries maintain their developmental momentum.
China has made positive efforts within its ability to deal with the financial crisis and adopted a series of major measures including measures to ensure stability in the banking system in China, increase liquidity in financial markets and financial institutes, and coordinate and cooperate closely with macroeconomic policies employed by other countries. Based on the changes in the economic situation at home and abroad, China has adjusted its macroeconomic policies and adopted measures to lower the required bank reserve ratio, cut the deposit and lending rates, and ease corporate tax burdens. The Chinese government has recently introduced even more effective measures to expand domestic demand, and from the fourth quarter of this year to the end of 2010, China will invest nearly 4 trillion yuan in projects related to the people's livelihood, infrastructure, eco-environmental construction, and post-disaster reconstruction. Also, China will work to increase income for residents and especially for low-income people and raise the spending power of its residents. This will certainly and effectively spur on China's economic development, and it will also help promote world economic development.
China is willing to continuously work together with the international community and jointly safeguard stability in international financial markets. China is also ready to join all APEC member countries in stepping up the exchange of experiences and the building of capabilities in the financial field. We support the role of the Asia-Pacific Finance and Development Centre [AFDC] located in Shanghai in continuously serving as a capability-building platform to carry out more training and ability-building activities for various member countries.
Colleagues!
Opening up and cooperation as well as mutual benefits and win-win results should become the guiding ideology for dealing with the current financial crisis and should also become the basic spirit for resolving prominent issues existing in the current global economic and social development. Based on the agenda for this meeting, I would like to talk about several stances on prominent issues existing in the current international economic and social development.
First, reach a consensus on and promote healthy development of multilateral trade systems. Fair and open multilateral trade systems are conducive to the stable growth of regional and global trade, help promote .healthy world economic development, and are in line with the interests of all parties concerned. We should strengthen confidence in multilateral trade systems and provide strong support for the Doha Round talks. We should resolutely oppose trade protectionism and push for the resumption of the Doha Round talks as soon as possible to realize comprehensive and balanced results. As an important supplement to multilateral trade systems, we also favour, on the basis of giving full consideration to the reality of this region and concerns of all parties concerned, constantly promoting the process of regional economic integration, and this includes tentative plans like regarding an Asian-Pacific free trade zone as the long-term goal and conducting research on them.
Second, assume responsibilities and jointly deal with climate change. In accordance with the requirements set forth in the "United Nations Framework Convention on Climate Change" and the "Kyoto Protocol," all parties concerned should abide by the principle of joint but different responsibility, actively implement the "Bali roadmap" talks, and adopt effective policies and measures to alleviate climate change. Forest protection is an important content of cooperation in dealing with climate change. Last year, I initiated the proposal to establish the Asia-Pacific Network for Sustainable Forest Management and Rehabilitation [APFnet]. With joint endeavours from all parties concerned, this network has been officially launched in Beijing. The Chinese government will provide a specific amount of special funding for the operation of this network over the next few years, and I hope all parties concerned actively support and take part in this.
Third, make exchanges and cooperation and jointly combat natural disasters. Frequent occurrences of natural disasters in recent years have caused major personnel and property losses in the Asian-Pacific region. In the process of fighting against natural disasters, various APEC members have accumulated rich experiences. These experiences are the valuable wealth of all human beings, and we should step up mutual exchanges and emulations. What it takes to deal with catastrophic natural disasters often exceeds the capacity of any single country and requires support and assistance from the international community. To step up relevant exchanges and cooperation in the Asian-Pacific region, China put forth the "Basic Principle for Dealing with Disasters and Cooperation within the APEC" this year, and we also hope that APEC members consider launching some long-term, cooperative, post-disaster reconstruction projects to push forward cooperation in disaster prevention and disaster relief among APEC members.
Fourth, standardize guidance and strengthen the social responsibility of enterprises. The current financial crisis gives us an important inspiration, and that is, as enterprises seek economic results, they should adopt a prudent, steady, and responsible attitude towards market operations, give full consideration to overall stable economic operations, conscientiously deal with various types of risks and hidden worries, and take the initiative to prevent the impact of improper management on economic development and the people's livelihood. This is the duty that every enterprise, and especially every transnational enterprise, has to society. Enterprises should establish the concept of global responsibility, voluntarily include social responsibility in their management strategy, abide by the laws of the country where the enterprises operate and international common business practices, improve their management models, and pursue unity of economic results and social results. Various governments should step up guidance and supervision and create a good environment for enterprises to fulfil their social responsibility through drawing up and improving laws.
Fifth, coordinate action to ensure food security and energy security around the world. Food and energy issues affect the economy and the livelihood of various countries, and they also affect global development and security. Motivated by the concept of common development, we should actively and effectively coordinate policies, adopt measures in many areas, and jointly safeguard food security and energy security in the world. We should attach importance to food production, increase input, and expand food supply by relying on science and technology; improve the food trade environment, build a fair and reasonable trade order for agricultural products; strengthen macroscopic coordination, curb excessive market timing, and stabilize food market prices. Countries with the ability should provide assistance to other countries and especially to developing countries when there is a serious food crisis. The Chinese government has pledged to increase exports and aid to developing countries with food shortages.
We should establish and implement the new energy security concept of mutually beneficial cooperation, diverse development, and support coordination, step up coordination on mutually beneficial cooperation and policies for energy exploration and utilization, and bring about global and diversified energy supply. We should strive to build a system for advanced technical energy research and development and popularization, advocate increasing the use of clean energy and renewable energy, and make unremitting efforts for world energy security. The Chinese government has attached great importance to energy security issues, worked hard to build a stable, economical, clean, and safe energy supply system, and devoted its efforts to building a resource-conserving and environmentally friendly society and achieving sustainable development.
Colleagues!
Since its founding almost 20 years ago, the APEC has performed a great deal of work in the liberalization and convenience of trade and investment and economic and technical cooperation and made positive contributions to promoting regional economic integration and strengthening the big APEC family. In recent years, the APEC has adopted a series of major reform measures, improved its organizational and coordination ability, and significantly raised its cooperation enthusiasm and efficiency. China is willing to work with various APEC members to jointly push the APEC forward. In this process, we should uphold the nature of economic cooperation forums and a non- restrictive cooperation style, and this falls in line with the current condition of prominent diversity and divergence in the Asian-Pacific region; we should continue to balance between promoting economic and technical cooperation and promoting trade and investment liberalization, and in particular, we should increase inputs for economic and technical cooperation, step up the capability-building of APEC members which are developing countries, and reduce developmental gaps. To this end, China is ready to consider sponsoring the 2010 APEC Ministerial Meeting on Human Resources Development to provide all parties concerned with a platform for experience exchanges and cooperation promotion in this field.
Colleagues!
This year is an extraordinary year for China. The Chinese people successfully resisted and fought back a snow disaster in extreme cold and the devastating earthquake in Wenchuan, Sichuan and successfully hosted the Beijing Olympic Games and Paralympics. I would like to take this opportunity to express sincere thanks on behalf of the Chinese government and people to the international community, including APEC member countries, for their enormous support and assistance given to us in combating the catastrophic natural disasters and hosting the Beijing Olympics and Paralympics!
This year marks the 30th anniversary of China's reform and opening up. Through reform and opening up over the past 30 years, China has successfully achieved the great historical transition from a highly centralized planned economic system to a dynamic socialist market economic system and from a closed and semi-closed society to a society of all-round opening up, enjoyed sustainable and rapid economic development, raised the people's standard of living by a large margin, and made remarkable progress in various social undertakings. At the same time, we should also clearly see that China is still the largest developing country in the world, and the contradictions and difficulties that we face in the course of development are quite unique in terms of their scale and complexity. China wants to fully build a higher-level of a well-off society [xiao kang she hui] which will benefit a population of over one billion people and thereby basically bring about modernization and achieve common prosperity for all people; there is still a long way to go, and China still needs to make arduous struggles. The Chinese people will unswervingly advance reform and opening up and continuously strive to promote all-round, coordinated, and sustainable economic and social development and bring about the grand goal of building a well-off society in an all-round way.
Today, as economic globalization develops in depth, China's future and destiny are increasingly tied with the world's future and destiny. China needs an international development environment that is peaceful, stable, harmonious, and cooperative and is willing to contribute its efforts to create this kind of environment. I would like to reaffirm that China will unswervingly follow the path of peaceful development, unswervingly practice the open strategy of mutual benefits and win-win results, unswervingly seek peaceful development, open development, and cooperative development, and make efforts to promote and build a harmonious world with lasting peace and common prosperity.
Thank you.