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Home >> China
UPDATED: 07:42, June 30, 2005
Chinese president: China to adhere to reforms for socialist market economy
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Chinese President Hu Jintao said that China will adhere to reforms for a socialist market-oriented economy and continue to deepen reforms in its economic, political, cultural and social management systems, noting that systematic innovation will be further encouraged in China.

Hu made the remark in a joint interview from Russia's Itar-Tass News Agency and Channel One TV station last Tuesday morning prior to his visit to Russia.

He said China will remain a developing country for quite a long time and to achieve the goal of building a well-off society in an all-round way still needs long-term hard work.

China will pursue economic and social development by the scientific concept of development to fulfill the increasing needs of Chinese people and push forward the all-round development of economic, political, cultural and harmonious society building, the Chinese president said.

To promote such development, Hu said China will focus on the reforms of the rural taxation system, state-owned enterprises, fiscal and financial systems, education, science and technological and administration systems. He expressed the hope to further inspire the creativity of Chinese society and boost up the inner vitality of the country's economic and social development.

Hu also answered questions about the 60th anniversary of the victory over the War of Resistance against Japanese Aggression, the 2008 Olympic Games in Beijing and other international and regional issues.

Source: Xinhua

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