“We have full confidence in our ability to speed up the shift of growth model, stabilize external demand, expand domestic demand and build a society of higher level initial prosperity in an all-round way that benefits the over one billion people,” he said.
Xi said China’s development is peaceful, open, cooperative and win-win-oriented.
“In the second decade of this century, China will develop an open economy in an all-round way by deepening trade and economic cooperation with developed countries, strengthening mutually-beneficial cooperation with developing countries, and expanding results-oriented cooperation with neighbouring countries,” he said, adding that China will step up the improvement of the opening pattern for its regions by deepening openness of its coastal areas, accelerating openness of its inland and border areas, and seeking common development with neighbouring countries.
“Facts have shown, and will continue to show, that China’s sustained development and prosperity offer an important and lasting window of opportunities to its neighbours, and promise important development opportunities to countries around the world, ASEAN countries included,” Xi said.
At present, global economic growth remains sluggish with the European debt crisis continuing unabated and uncertainties and destabilizing factors existing side by side, Xi said.
“Despite many difficulties and challenges, Asia has on the whole maintained the momentum of a fairly rapid growth,” Xi said, adding that China and the ASEAN, as friendly and close neighbours and strategic partners, need to size up the situation and work together to deepen cooperation for sustained development.
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