Home>News Center>China
       
 

Great achievements made in economy: Hu
(Xinhua)
Updated: 2004-06-16 20:19

Chinese President Hu Jintao said Wednesday that China has made great achievements in its economic construction and social development in the past 25 years since it began to carry out reform and opening-up policies.

In a speech at the Uzbek parliament, Hu noted that China's gross domestic product (GDP) has been growing at an annual rate of 9.4 percent and its social productivity and comprehensive national strength have kept rising and people's living standard has witnessed continuous improvement.

In 2003, he said, China's GDP exceeded 1.4 trillion US dollars, or 1,000 dollars per capita. At present, China's economy maintains a sound development momentum, with its GDP jumping by 9.8 percent, revenue 33.4 percent and foreign trade 38.2 percent in the first

quarter of this year.

However, he said, the country is not overlooking the fact that it still has a long way to go before realizing modernization, as it has a population of 1.3 billion and the development is not balanced between its regions.

"Hence we have fixed our development objective for the first two decades of this century and we will concentrate on the construction of a moderately well-off society and strive to

quadruple the GDP of 2000 in 2020 to 4 trillion dollars," said the Chinese president, who is on a state visit here.

Hu added that the Chinese people are striving to reach this goal, sticking to the principle of focusing on economic construction, never wavering in carrying out the policies of reform and opening up and implementing a people-centered, all-around, coordinated and sustainable development mode.

Extensively developing the western region is an important policy adopted by the Chinese government to achieve regionally coordinated development, President Hu pointed out.

He expressed welcome to enterprises of the Central Asian countries to participate in the efforts and seek a new motive force for development and new business opportunities along with

their Chinese cooperators.

China's development needs a long-term peaceful and stable international and regional environment, Hu said, adding that China will unswervingly stick to its independent foreign policy of peace and the road of peaceful development.

President Hu pledged that China will never seek hegemony and expansion as its foreign policy is aimed at maintaining world peace and promoting common development.

He declared that China will continue to uphold its basic policy of opening to the outside world. "The Chinese government is willing to strengthen economic and technological cooperation with neighboring countries and regions including the states in Central Asia on the basis of equality and mutual benefit."

China's development will not only benefit the Chinese people but also represent a positive factor for accelerating the development of Central Asia, Hu said.

Hu arrived here Monday night for a two-day state visit. During his stay in Tashkent, the Chinese president will attend a summit meeting of the Shanghai Cooperation Organization scheduled for Thursday.

Uzbekistan is the last leg of Hu's four-nation trip, which had taken him to Poland, Romania and Hungary.

 
  Today's Top News     Top China News
 

NBS: China capable of avoiding severe inflation

 

   
 

US bill to help Taiwan join WHO opposed

 

   
 

Former Guizhou Party chief tried for bribery

 

   
 

Oil drilling deal inked with Uzbekistan

 

   
 

US general: I'm told to treat POWS like 'dog'

 

   
 

Bush on Saddam handover: Must stay in jail

 

   
  PLA general: Attempt to destroy dam doomed
   
  Coal mine blast kills 15 in Shaanxi
   
  Premier pledges effective HIV/AIDS control
   
  NBS: China capable of avoiding severe inflation
   
  Oil drilling deal inked with Uzbekistan
   
  US bill to help Taiwan join WHO opposed
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  When will china have direct elections?  
Advertisement