China striving for peaceful, open development: Hu

    President Hu said that China will proceed along the path of peaceful development to achieve a peaceful, open and cooperative development.

    "A long-time lover of peace, the Chinese nation always cherishes such beliefs that one should be kind and trustworthy to its neighbors and endeavors to build a harmonious neighborhood," Hu said.

    He said the Chinese people are keenly aware that only the development achieved through peaceful means can be the one that issustainable and solid and the one that serves the interests of people in China and across the world.

    "Therefore, China will proceed along the path of peaceful development to achieve a peaceful, open and cooperative development," Hu said, adding that peaceful development means thatChina is to develop itself through working for a peaceful international environment and in return, promote world peace through its own development.

    Speaking of the open development, Hu said, while relying largely on its own development efforts, China is to persist with its opening-up strategy; play a more active role in international economic and technological cooperation and competition, continue to improve the investment environment and open up its market with a higher level on all fronts.

    For the cooperative development, he said China is to broaden its exchanges and cooperation with the rest of the world, activelyparticipate in the formulation of international economic and traderules, work with others to resolve difficulties and differences that arise in cooperation and try its best to achieve mutual benefits and a win-win result.

Hu calls for efforts to help developing countries

    Hu also called for vigorous efforts to help developing countries accelerate development.

    Hu said that for developing countries as a whole, economic development and the improvement of people's livelihood are the most pressing issues top on their agenda, and that supporting the developing countries in accelerating development is also instrumental for sustaining balanced and orderly world economic development.

    "It is, therefore, imperative for us to enhance the North-South dialogue, proceed with the gradual establishment of a new type of long-term and all-inclusive North-South partnership, and achieve a win-win result through securing mutual benefits and reciprocity and drawing on one another's successful experience," he said.

    Hu also urged efforts to improve the development assistance mechanism and encourage more development resources to be diverted into developing countries.

    "The developed countries should earnestly honor their commitments in poverty reduction, financial assistance and debt relief, and work out and put into practice new financing mechanisms to accelerate the development of developing countries, the least developed ones in particular," he said.

    The developing countries, on their part, must work even harder to improve their domestic economic climate, use development assistance more effectively and buildup competitiveness through their own efforts and cooperation with others, he said.

    The international community must set up an effective oversight regime, implement the agreements and achievements reached on development issues at the recent UN summit celebrating its 60th anniversary, and ensure the fulfillment of the Millennium Development Goals, he said.

    In a recent announcement, China has pledged new assistance measures in five areas including taxation, debt relief, concessional loans, public health and human resource development with a view to supporting more rapid growth of developing countries.

    "China will make vigorous efforts to ensure the delivery of its commitments," he said.

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