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Economy

Highlights of Xi's keynote speech at BFA annual conference opening ceremony

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2018-04-11 16:59Xinhua Editor: Gu Liping ECNS App Download

— Valuable "Boao proposals"[Special coverage]

Since its inception, with a focus on Asia and a global perspective, the Boao Forum for Asia has hosted active discussions and produced many valuable "Boao proposals" that have helped build consensus in Asia, encourage cooperation, promote economic globalization and advance the building of a community with a shared future for mankind.

— 40 years of reform, opening-up

Over the last four decades, the Chinese people have significantly unleashed and enhanced productivity in China through hard work with an unyielding spirit.

Over the last four decades, the Chinese people have blazed a path of socialism with Chinese characteristics through determined exploration with a pioneering spirit.

Over the last four decades, the Chinese people have kept forging ahead and demonstrated the strength of the nation through keeping pace with the progress of the times.

Over the last four decades, the Chinese people have embraced the world with open arms and actively contributed our share to the world.

China's reform and opening-up meets its people's aspiration for development, innovation and a better life. It also meets the global trend toward development, cooperation and peace.

Four decades of reform and opening-up has given us many valuable inspirations. The most important one is that for any country or nation to achieve rejuvenation, they must follow the logic of history and the trend of the times in their pursuit of progress and development.

— GDP growth

Over the past 40 years, China's GDP has averaged an annual growth rate of around 9.5% in comparable prices and its foreign trade has registered an annual growth of 14.5% in US dollar.

— Poverty relief

The Chinese people have emerged from a life of shortages and poverty and are now enjoying abundant supply and a moderately prosperous life.

According to current UN standards, more than 700 million Chinese people have been lifted out of poverty, accounting for more than 70% of the global total over the same period.

— Peace and development

In a world aspiring for peace and development, the cold-war and zero-sum mentality looks even more out of place.

Putting oneself on a pedestal or trying to immune oneself from adverse developments will get nowhere.

No matter how much progress China has made in development, China will not threaten anyone else, attempt to overturn the existing international system, or seek spheres of influence.

China will stay as determined as ever to build world peace, contribute to global prosperity and uphold the international order.

— Trend of the world

We live at a time with an overwhelming trend toward peace and cooperation.

We live at a time with an overwhelming trend toward openness and connectivity.

We also live at a time with an overwhelming trend toward reform and innovation.

We must dispel the clouds to see the sun, as we say in Chinese, so as to have a keen grasp of the law of history and the trend of the world.

  

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