China Development Forum starts in Beijing 

cctv.com 03-21-2005 10:52

Chinese Vice Premier Zeng Peiyan attended the opening session on Sunday and said that China is confident in maintaining a stable economy, and will further expand collaboration with other countries.

In his opening remark, Vice Premier Zeng Peiyan said that China's economy, with a GDP growth rate of 9.5 percent in 2004, is now in an up-trend. The outlook for 2005 is optimistic, and the country should continue to keep a close eye on the momentum in preventing the economy from over-heating.

Chinese Vice Premier Zeng Peiyan said, "Implementing prudent fiscal and monetary policies, curbing the expansion of the fixed assets investment and enlarging the market demand while maintaining a stable price level will be the main tasks for our guidance to the economy. Meanwhile, we will also make efforts to develop rural economy, accelerate urbanization, improve the economic structure and speed up the over-all reforms."

The Vice Premier said, in addition to its own efforts, China's development also depend heavily on the outside support. Expanding bilateral and multilateral cooperation with other countries on trade, investment and technology will be vital to the sustainability of the Chinese economy. Many foreign economists and business people believe that a vibrant Chinese economy is essential.

Organized by the Development and Research Center of the State Council, the annual China Development Forum is regarded as an authoritative platform for discussions on the Chinese economy. With the theme of "China in the world economy", delegates of this year's forum are expecting to find out more ways of elevating China's role in the global economic development.

Editor:Hu Hang  Source:CCTV.com