China to be more open to world

15:54, January 05, 2011      

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Full coverage: Chinese vice premier visits Spain, Germany, Britain

By Li Keqiang

"China will be more open to the world," published by the Germany's newspaper "Sueddeutsche Zeitung ", was written by Chinese Vice Premier Li Keqiang.

Following is the full text:

It is a great pleasure to visit Germany at the start of the new year. Germany is the home of a great many philosophers, scientists and composers. The Chinese people admire the German people for their talent and hard-working. And “Made in Germany," a synonym of high quality, state-of-the-art technology and innovation, is popular with Chinese consumers. The Chinese people have always cherished friendly sentiments towards the German people. During last year’s World Expo in Shanghai, the Germany Pavilion hosted more than four million Chinese visitors, and still more toured the Germany Pavilion online or on TV. At the conclusion of the Expo, the Germany Pavilion was given the Golden Award for Theme Development. All these have brought Germany closer to the Chinese people.

I believe it must be the desire of the German people too to know more about China. Over the last 30 years since the beginning of reforms and opening-up, China has achieved rapid economic growth, thus becoming a major economy in the world. Chinese people’s living standards in both urban and rural areas have improved significantly. Estimates show that China’s economy maintained a high growth in 2010. Of the estimated 10% growth last year, more than 90% was attributable to growth in domestic demand. Despite our achievements, we are soberly aware that China’s basic national conditions remain the same. China has a huge population and a weak economic foundation, and its development is uneven. And it has to face the mounting pressure stemming from resource and environmental constraints. China is still the largest developing country in tyhe world. China’s GDP may be one of the world’s biggest, but when it is divided by the 1.3 billion people, the per-capita figure brings China down to somewhere around 100th in the world. Many German friends may have been to the coastal areas and big cities in China. But when they go further on to the vast central and western regions, or simply to villages not far from big cities, they will see places lacking proper transportation facilities and even drinking water. Out of the 1.3 billion people in China, 700 million are farmers whose per-capita income is merely eight to nine hundred US dollars. And 150 million in China are still living below the UN standard of one US dollar a day per person. The task China faces to develop its economy and improve its people’s living standards remains daunting.

Recently, China adopted a blueprint for economic and social development for the coming five years. The guiding principle is to pursue scientific development, to put people first and promote comprehensive, balanced and sustainable development. We need to accelerate the shift of the economic development pattern to achieve long-term, steady and fast economic growth and extend the benefits of development and reform to all our people. To attain these goals, we need to boost domestic demand. We will adjust the structure of income distribution, improve essential public services and build a social security network. By doing so, we will be able to increase urban and rural incomes and unleash the potential consumption demand of the over one billion Chinese people. We need to restructure the economy. We encourage technological innovations, development of human resources and green development as ways to optimize the industrial structure and promote balanced development between urban and rural areas and in different regions. As we work to maintain a moderate growth rate, we will also raise the quality and efficiency of growth. We need to deepen institutional reforms. We will give full play to the fundamental role of the market in resource allocation, and will speed up reforms in corporate, fiscal, taxation, financial, pricing and other key areas. Our aim is to enhance the internal forces that drive growth, make the Chinese economy more vibrant, and provide an institutional guarantee for China’s economic transition and upgrading.

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