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China's development contributes to world economy, president says

Xinhuanet 2002-10-27 04:28:41

””””LOS CABOS, Mexico, Oct. 27 (Xinhuanet) -- Chinese President Jiang Zemin said here Sunday that China's rapid economic development over the years has contributed to the development of the world economy and the creation of more development opportunities.

””””In an address to the second-day session of the 10th annual Economic Leaders' Meeting of the 21-member Asia-Pacific Economic Cooperation (APEC) forum, Jiang said, "Facts have proved and will continue to prove that China's development will bring about more opportunities for the economic development in the Asia-Pacific region and the world at large."

””””A growing and more prosperous China will undoubtedly play a positive and constructive role in ensuring peace and development in the region and around the world, according to the president.

””””Thanks to the development over more than 20 years since China adopted the policy of reform and opening up to the outside world in 1978, the country has made remarkable headway in its modernization drive.

””””Jiang said that China's accession to the World Trade Organization (WTO) in November last year marked a new stage of thecountry's process of reform and opening up.

””””"We will remain true to our commitments, working hard to develop an all-directional, multi-level and wide-ranging pattern of openness and participating more broadly in international economic cooperation," Jiang said.

””””China will unswervingly follow the development path suited to its national conditions, adhere to the process of reform and opening up and press ahead with the socialist modernization drive,he noted.

””””Under the theme of "Expanding the Benefits of Cooperation for Growth and Economic Development -- Implementing the Vision," the two-day 2002 APEC Economic Leaders Meeting was held at this seaside resort in northern Mexico. During the two-day meeting, APEC leaders focused their discussions on the fight against terrorism and its impact on the economic development in the Asia-Pacific region.

””””APEC, set up in 1989 in response to the growing interdependence among Asia-Pacific economies and to the need to advance Asia-Pacific economic dynamism and sense of community, now groups Australia, Brunei, Canada, Chile, China, Chinese Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Chinese Taipei, Thailand, the United States and Vietnam. Enditem 

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