China is a member of the big family of the United Nations, and China’s development and changes have attracted worldwide attention. I wish to take this opportunity to share with the Assembly my observations on how one should get to know the real China. Since the founding of the People’s Republic, and especially since the start of reform and opening up more than 30 years ago, profound changes have taken place in China, a big, ancient country in the East. Its economic and overall national strength has substantially increased. The lives of its people have markedly improved. Its social and cultural programmes have made considerable progress, and its exchanges and cooperation with the outside world have continued to expand. In sum, my country has made an historic leap from mere subsistence to moderate prosperity. 10-54827 42 We in China are proud of our achievements, which were made through strenuous efforts. At the same time, we are clear-headed about our place and role in today’s world. China’s gross domestic product is the third largest in the world, but in per capita terms it is only one tenth of that of developed countries. China has enjoyed more than 30 years of rapid growth, but its further development faces energy, resources and environmental constraints. It is a leading producer of many important products, but it remains at the lower end of the global industrial chain. China is a big trading nation, but its exports are low in technology content and value added. In many cases, we have to rely on imports to meet the demand for core technologies. China’s coastal areas and some of the large and medium-sized cities are thriving after modernizing, but many places in the central and western regions and the vast rural areas are still rather backward. Moreover, we have 150 million people living below the poverty line set by the United Nations. The life of the Chinese people has improved significantly, but we do not yet have a full-fledged social security system. Moreover, we are confronted with high employment pressure. Our people are more and more actively engaged in the country’s social and political development, and citizens’ basic rights and interests are better protected, yet our democracy and legal system still have room for improvement and such social ills as inequity and corruption still exist. China has come a long way in modernization. It is fairly advanced in some areas of development but remains backward in others. And it faces unprecedented challenges brought by problems both old and new. Taken as a whole, China is still in the primary stage of socialism and remains a developing country. Those are our basic national conditions. That is the real China. China has set the strategic goal of achieving modernization by the middle of this century. As they look to the coming decades, the Chinese people will continue to advance along the path of reform, opening up and peaceful development. That path has changed China’s destiny and has benefited people throughout the country. We must stay on that path and make further improvements. There is no reason whatsoever for us to deviate from it. China will continue to focus on developing the economy. Development is our top priority, as it constitutes the basis for addressing all issues. We will rely mainly on our own efforts in pursuing development. As China’s industrialization and urbanization progress, hundreds of millions of farmers will move to towns and cities, which will create more domestic demand than ever, open up broad market and development space and serve as a powerful engine for sustaining the growth of the Chinese economy as well as the world economy at large. We will work hard to transform the economic development pattern, restructure the economy and set out on a path of balanced and sustainable development. China will continue to deepen institutional reform. We will make consistent efforts to improve the socialist market economy. We will unswervingly strengthen and develop the public sector side of the economy and also unswervingly encourage, support and guide the development of the non-public sector. We will pay greater attention to ensuring and improving people’s well-being. We will further reform the income distribution system and improve the social security system, including old-age support, medical care and unemployment benefit programmes. We will endeavour to narrow the gap between urban and rural areas, between different regions and between the rich and the poor. We want to ensure that each and every citizen shares the benefit of China’s reform, opening up and development. While deepening economic restructuring, we will also push forward with political restructuring. Otherwise, we cannot achieve the ultimate goal of economic reform and we will lose what we have gained from our modernization drive. We respect and protect human rights, uphold social equity and justice and strive to achieve free and all-around development for our people. That is the important hallmark of a democratic country under the rule of law and a basic guarantee for any country’s lasting peace and stability. China will be even more open to the world. Mutually beneficial cooperation for win-win progress is a long-term strategy that we will stick to in opening up to the world. We will follow established international rules in expanding business ties with 43 10-54827 other countries. We will continue to improve the environment for foreign investors, optimize the structure of foreign capital utilization and explore new ways for overseas investment and cooperation. We are committed to promoting the establishment of a fair, equitable, inclusive and well-managed new international financial order and an open and free international trading regime. We are against protectionism in all its manifestations. In the course of modernization, we will not only continue to bring in and utilize advanced achievements from the rest of the world in the economic, scientific and technological fields, but also boldly draw upon the achievements of human civilization in the fields of social management and cultural development. China will continue to develop education, science and technology. How can China narrow the development gap with the advanced countries and enhance the sustainability of its strong growth? I believe two things are of fundamental importance: first is education, and second is science and technology. China has formulated medium- and long-term development programmes on education and on science and technology. Going forward, we will focus our efforts on implementing those two programmes and building China into a country strong in human resources and innovation by 2020. China will continue to carry forward its fine culture. The development of a country and rejuvenation of a nation require not only great economic strength, but, more importantly, great cultural strength. The moral values and wisdom drawn from the 5,000-year- old Chinese civilization do not belong to China alone but also to the world. We will vigorously develop cultural programmes and accelerate the development of a moral and ethical code that is commensurate with our socialist modernization drive and consistent with the traditional virtues of our nation. We respect the diversity of civilizations and will increase dialogue and exchanges with other civilizations to forge a common cultural bond for humanity. The Chinese nation, which has created an economic miracle, will create a new cultural splendor as well. The world of the twenty-first century is far from tranquil, but gone are the days when problems were ultimately settled by war. Peace and development remain the defining features of our time. China will stay firmly committed to peaceful development. One may ask what the essence of peaceful development is. It is to foster a peaceful international environment for our development and, at the same time, contribute to world peace through our development. That is something inherent in the concept of socialism with Chinese characteristics. In the course of development, China will continue to take upon itself the duty of promoting the common progress and prosperity of mankind. We will seek and expand converging interests with other countries. China’s development will not harm anyone or pose a threat to anyone. There have been Powers who sought hegemony once they grew strong. China will never follow in their footsteps. China values friendship and also adheres to its principles. It firmly upholds its core interests. When it comes to sovereignty, national unity and territorial integrity, China will not yield or compromise. China will continue to firmly support the leading role of the United Nations in international affairs. We will, as always, abide by the United Nations Charter and fulfil in good faith our obligations under international conventions. We will intensify cooperation with fellow developing countries and support their having a greater say in international affairs. We will remain forever a good partner of and brother to developing countries. China’s stability and development is conducive to a more peaceful international environment, a more democratic international order, a more prosperous global economy and a more harmonious and civilized world. China’s development is an opportunity for the world, and the world stands to gain from a China that is better off. History will continue to prove that. A China that develops peacefully, a China that is full of vigour and vitality and a China that is willing and ready to fulfil its responsibilities will always move forward together with the world. Let us join hands to work for a world of enduring peace and prosperity.