Hu reiterates China´s reform, opening-up, commitment to path of peaceful development

Source: Xinhua | 11-23-2008 17:16

LIMA, Nov. 22 (Xinhua) -- Chinese President Hu Jintao said Saturday that China will unswervingly carry forward reform and opening-up and reiterated the country's firm commitment to the path of peaceful development.

Addressing the 16th APEC economic leaders' meeting, Hu said that through reform and opening-up in the past three decades, China has accomplished the historic transformation from a highly-centralized planned economy to a robust socialist market economy and from a closed and semi-closed society to one that fully embraces the world.

China has enjoyed sustained and fast economic growth, significant improvement in people's livelihood and marked progress in various social undertakings, Hu added.

"At the same time, we are keenly aware that China remains the largest developing country in the world, and the difficulties and problems we face in the course of development are rarely seen elsewhere in terms of both their scale and complexity."

He noted the Chinese people will unswervingly carry forward reform and opening-up and continue to work hard to promote all-round, coordinated and sustainable economic and social development and achieve the goal of building a moderately prosperous society in all respects.