China pulls through int'l financial crisis with determination
www.chinaview.cn 2010-01-10 16:15:31   Print

  CRISIS ALSO OPPORTUNITY

    During the meetings attended by members of the Political Bureau of the CPC Central Committee from late November to early December in 2008, President Hu had repeatedly stressed promoting transformation of development mode and economic restructuring, calling this a fundamental way to realize sustainable development and cope with changes in domestic and international situations.

Chinese President Hu Jintao (2nd R), who is also general secretary of the Central Committee of the Communist Party of China and chairman of the Central Military Commission, shakes hands with workers as he inspects a wind power project in east China's Shandong Province, Oct. 18, 2009. (Xinhua Photo)
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    When joining a panel discussion with NPC deputies from south China's Guangdong Province in March last year, Hu said the international financial crisis, despite its severe impact on China's economy, also means an opportunity for the country.

    He said China should take this opportunity to accelerate transformation of its development pattern and structural adjustment so as to maintain a steady and relatively fast economic growth.

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    Though China retained its momentum of fast economic growth in 2009, the central authorities are mindful of problems in the economy.

    In October last year, Hu Jintao set out to investigate eastern Shandong Province with economic issues on the top of his agenda.

    During his trip, He paid visit to seven enterprises ranging from textile dyeing and printing company to renewable energy enterprise.

    Hu called upon companies to focus on technological innovation and industrial upgrading so as to foster their competitive edge for long-term economic development.

    In December last year, speaking at the Central Economic Work Conference, President Hu stressed once again the significance to promote the transformation of the economic development pattern.

    He said efforts should be made to optimize the country's economic structure and upgrade its capacity of technological innovation.

    During a two-day inspection to Zhuhai, a coastal city in China's southern economic hub of Guangdong Province in December, Hu said the outbreak of the global financial crisis had offered a rare chance for the country to promote the transformation of the economic development pattern.

    He urged down-to-earth attitude to accelerate the country's transition into an innovation-driven economy.

    President Hu has also called for unremitting efforts to promote Party building in new situations as the global financial crisis posed a severe test to the CPC's competence to lead.

    Leaders at all levels should promote the fine traditions of the CPC, bear in mind people's welfare and livelihood, solve problems and bring benefits for the people, he said.

    Any practice that undermines people's interests should be rectified and money should be used in areas that would improve people's livelihood and advance economic development.

    The President also asked officials to be clean, down-to-earth and have lofty spiritual pursuit.

Special Report:  Global Financial Crisis

 

Editor: Fang Yang
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