Hu Promises to Continue Economic, Political Reforms

Lalit K Jha/Washington
Hu Promises to Continue Economic, Political Reforms
Chinese President Hu Jintao today assured the American leadership that he would deepen reform and step up economic, political, cultural and social restructuring in the Communist nation.

"China has set out the guiding principles, strategic objectives and major tasks for economic and social development in the coming five years," Hu said in his speech at the US-China Business Community Luncheon here.

We will continue to deepen reform and open up advanced economic, political, cultural and social restructuring in an all-round way, and improve the socialist market economy, he said.

"We will develop socialist democracy and build a socialist country under the rule of law.

We will work for vigorous cultural development and prosperity, enhance social harmony and improve our open economy in all respects," Hu said.

Through these efforts, we will make continuous progress in our endeavor to build a prosperous, strong, democratic, culturally advanced and harmonious modern socialist country.

We will stick to the basic state policy of opening to the outside world, and follow a win-win strategy of opening up, he said.

Hu said that he will continue to advance China's interests in the broader context of the common interests of the international community and expand and deepen the converging interests with others.

"We welcome the participation of other countries in China's development to share our development opportunities.

We will explore new areas and space for opening up and contribute to the common development of the region and the world through our own development," he said.

We will remain committed to the path of peaceful development, continue to strive for a peaceful international environment to develop ourselves and uphold and promote world peace through our own development, he said.
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