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Wen: China's opening up policy long-term, comprehensive, based on mutual benefit
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08:04, November 20, 2007

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China's opening up policy is long-term, comprehensive in nature and based on mutual benefit, said visiting Chinese Premier Wen Jiabao in Singapore Monday.

Delivering a speech entitled "Only an Open and Inclusive Nation Can be Strong" at the National University of Singapore (NUS), Wen said China's opening up policy is a long-term one.

Opening up has brought great benefits to more than one billion Chinese, Wen said, adding that it is the right policy for China and has the support of the people, and it will therefore not change.

"To deviate from this policy will only impede China's development and we will lose popular support," he said, "This is the fundamental reason why China will stay on the track of opening up."

"Opening up is crucial to China's reform and modernization endeavor. It is a basic state policy, not expediency," he said, "Though the specific measures and means to implement this policy may differ in different stages, the basic policy will not change."

"China's opening up is comprehensive in nature," Wen said. "We are open not only to developed countries, but also to developing countries. We are open not only in the economic field, but also in the scientific, technological, educational, cultural and other fields."

China first introduced the opening up policy in its special economic zones on a trial basis, and following their success, the country proceeded to implement it in coastal cities and areas, and then in the hinterland.

The opening up policy has been pursued in a gradual way - from selected cities to regions and then to the whole country.

Describing openness and inclusiveness as "two sides of the same coin," the Chinese premier said only by opening up can China bring in advanced and successful practices, adding that "only by being inclusive, which calls for respect for different cultures and mutual learning, can we enrich and strengthen ourselves."

"We should boldly absorb and draw upon all the achievements of human society, including those of the capitalist countries, build on them and make innovations."

"China's opening up policy is based on mutual benefit," he told the teachers, students and other audience members from various circles. Singapore's Minister Mentor Lee Kuan Yew was also present.

"We are developing a socialist market economy under the conditions of economic globalization, and this naturally means we should open ourselves to the world, build inter-dependent economic ties with other countries, gain close access to the international market and integrate ourselves into the world economy," he said.

The premier said China is committed to carrying out mutually beneficial cooperation on an equal footing with other countries in accordance with the law of the market.

Opening up not only benefits China's development, but also contributes to world development. By introducing foreign capital, technologies and managerial expertise, China has upgraded its production capacity, which in turn enables other countries to gain benefits and a larger market share in China," he said.

Only on the basis of mutual benefit and win-win progress can opening up endure and be conducive to the fundamental interests of all peoples and peace and prosperity of the world, he added.

"We Chinese people are working to build socialism with distinctive Chinese features, and our fundamental objective is to boost productive forces and meet the increasing material and cultural needs of the people," Wen said.

"To meet this goal, we must address issues arising in the course of domestic development and reform and remain committed to opening up."

Wen arrived in Singapore Sunday afternoon for an official visit to the country at the invitation of Lee Hsien Loong.

It is the first visit by a Chinese premier to Singapore in eight years.

Source: Xinhua

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