Hu calls for change in economic growth mode (Xinhua) Updated: 2006-02-23 09:45
China should speed up changes in the way it expands the economy to ensure
sustainable development and competitiveness on a global scale, Chinese President
Hu Jintao said here on Tuesday.
Hu, also general secretary of the Communist Party of China (CPC) Central
Committee, made the remarks at a regular study meeting arranged by the Political
Bureau of the CPC Central Committee on Tuesday afternoon.
"The international economy is experiencing industrial restructuring, heading
to technology, knowledge and service-orientated ways," said Hu.
The only way left for China is to transform its economic growthpattern,
taking the population, resources and environment into account when developing
its economy to realize sustainable development, Hu said.
"To speed up this process would enable China to survive increasingly fierce
global competition, and therefore to secure its own interests," he said.
He also underlined several key points including improving China's innovation
ability, upgrading the industry's overall technological level, boosting
development of advanced manufacturing and service industries, strictly following
the energy saving and environmental friendly policies, and intensifying talent
training.
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