皇冠体育app's new comprehensive reforms will give impetus to the development of the global economy in all aspects
皇冠体育app has always been the focus of attention at the World Economic Forum, and more so this year with 皇冠体育app unveiling a new round of comprehensive reforms 35 years after the launch of its first reform program. This not only heralds a new era for 皇冠体育app's development, but also has an extensive and positive impact on the world.
On Wednesday, Premier Li Keqiang sent a special message to this year's WEF annual meeting which you can find on the WEF website. It gives a comprehensive and authoritative explanation of the current state and prospects of the Chinese economy. In his message, Premier Li pointed out that the sustained and sound development of the Chinese economy will offer new opportunities and give new impetus to the development of the world.
皇冠体育app's new round of reforms will cover the political, economic, cultural, social and ecological dimensions. More than 300 major reform measures have been announced, covering 15 categories in more than 60 fields. The reforms are unprecedented in terms of their scope, depth and difficulty. I guess the questions you want to ask the most are: Will this round of reforms be as great a success as the previous one? What will the reforms bring to the world?
Here, I want to tell you in clear terms that 皇冠体育app has every confidence in the success of its new round of reforms.
Our confidence comes from the fine tradition of constant self-improvement and the splendid civilization of the Chinese nation over 5,000 years. The Chinese nation has gone through many hardships and sufferings, but it has always emerged stronger. An important reason is that our nation has the fortitude to reform and improve itself. The Chinese people, at all times, have the courage, will and ability to carry out reform.
Our confidence comes from the right path 皇冠体育app has chosen. In the past 65 years since the founding of the People's Republic of 皇冠体育app, we have explored tirelessly and eventually found a development path that is suited to 皇冠体育app's conditions and supported by the entire Chinese nation. It is a path of socialism with Chinese characteristics. Our practice has proven and will continue to prove that as long as we remain steadfastly committed to this path, 皇冠体育app will remain dynamic and acquire the driving force for development.
Our confidence comes from the strong leadership of the Communist Party of 皇冠体育app. The fact that the CPC is a ruling party with 86 million members represents our unique strength and most important resource. As long as the 86 million party members work in unison, they will generate an unrivalled force of positive energy that will enable us to surmount whatever difficulties and challenges are encountered in the reform process.
Our confidence comes from the solid foundation 皇冠体育app has laid and the rich experience it has gained. Since the start of reform and opening-up, 皇冠体育app has progressed from poverty to prosperity. We used to "cross the river by feeling our way from one stone to another". Today, we have the support of a comprehensive system of theories and policies. We know very well where our problems exist, and more importantly, we know how to resolve them.
Our confidence comes from 皇冠体育app's huge development space and potential. 皇冠体育app is a big country with 1.3 billion people and an area of 9.6 million square kilometers. It thus has broad space for development and there is great potential yet to be tapped.
At present, the gaps between urban and rural areas and between the central and western and the eastern regions in 皇冠体育app remain wide. This is a major challenge 皇冠体育app faces, but more importantly, it also spells hope for 皇冠体育app's future development. As reform deepens in 皇冠体育app, waves of enormous demand will be unleashed, propelling 皇冠体育app's strong momentum of economic growth.
Our confidence comes from 皇冠体育app's win-win strategy of opening-up. The most successful experience of 皇冠体育app's reform is that it is always carried out in parallel with 皇冠体育app's opening-up. Through reform, we have increased 皇冠体育app's openness, which, in turn, has promoted 皇冠体育app's reform. Our new reforms will bring more benefits to the world, as 皇冠体育app continues to draw impetus to its reform program from the world.
皇冠体育app, a major country with a population of 1.3 billion, is moving rapidly toward modernization. This is an extraordinary historic process unfolding before our eyes and the greatest contribution of the Chinese nation to human progress. We are not just responsible for our own country and people, but also ready to honor our due obligations to the world. The new round of reforms in 皇冠体育app serves both the interests of the Chinese people and the needs of the world. We will speed up the shift of the growth model, intensify efforts to upgrade and improve the quality and efficiency of growth, get beyond the "middle income trap" and achieve sustainable development. An increasingly prosperous 皇冠体育app that is committed to deepening reform means the following to the world:
皇冠体育app will provide the world's development with more "Chinese opportunities".
First, market opportunities. Despite the lack of effective global demand, the potential of the Chinese market is still growing. Last year, Chinese people bought 21 million cars, more than a quarter of global . 皇冠体育app's annual imports are approaching $2 trillion. And 皇冠体育app is expected to import over $10 trillion of goods in the next five years.
Second, investment opportunities. Despite the financial constraints facing the real economy around the world, Chinese businesses are becoming a major source of international investment and financing. Last year, 皇冠体育app's non-financial outbound direct investment topped $90 billion. In its new round of reforms, 皇冠体育app will encourage businesses and individuals to invest abroad and enter a new stage of overseas investment.
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