Jiang Calls for Fair, Equitable New Int'l Economic Order

Chinese President Jiang Zemin said Thursday at the interactive round-table session of the U.N. Millennium Summit that a fair and equitable new international economic order should be established so as to promote the common development of mankind in the process of economic globalization.

"The U.N. should also dedicate itself to establishing a rational new international financial and trade system and mitigating the risk borne by the developing countries in the process of economic globalization," Jiang said.

"Given the fast advancement of science and technology nowadays, the U.N. should pay special attention to calling upon the international community to assist developing countries in terms of human resources development and science and technology so as to enable them to keep abreast with the new wave of technological progress," he said.

Pointing out that the economic globalization is an objective trend emerging with the development of social productive forces, Jiang said the progress of modern technology and the birth of advanced transportation vehicles and telecommunication means have created conditions for the development of economic globalization.

"However, countries found themselves in very dissimilar positions and situations in the process of economic globalization. While the developed countries are reaping all the 'dividend' of globalization, the vast number of developing countries are still suffering from poverty and backwardness," the Chinese president stressed.

"We need an 'all-win' economic globalization in which all countries, North or South, big or small, are all beneficiaries; we need an economic globalization in which all countries can participate as equal members," he said.

"We need an economic globalization in which all countries can coexist, only when there is mutual respect, mutual promotion and diversity of economic growth mode, culture and value, can world civilization thrive and prosper," Jiang said.

People's Daily Online --- http://www.peopledaily.com.cn/english/