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UPDATED: September 18, 2008 NO. 38 SEPT. 18, 2008
Deepen Mutually Beneficial Cooperation for a Better Future
Address at Luncheon Hosted by Four ROK Economic Associations Hu Jintao, President of the People's Republic of China August 26, 2008, Seoul, ROK
 
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environment and providing better services. I am confident that the continuous growth of China-ROK strategic and cooperative partnership will provide a larger stage on which the entrepreneurs of both countries can bring out their talent and pursue mutual benefit in win-win cooperation.

Ladies and gentlemen,

Dear friends,

With the support and help of the International Olympic Committee and the Olympic Family, the Beijing Olympic Games, which captured the world's attention, drew to a successful close two days ago. The Beijing Olympic Games carried forward the Olympic spirit of solidarity, friendship and peace, fulfilled the promises of "green Olympics, hi-tech Olympics and people's Olympics" and promoted exchanges and mutual learning among different cultures in the world. Here, I wish to express my sincere thanks to the ROK and other countries and peoples who have supported the Beijing Olympic Games and extend my warm congratulations to the ROK athletes on their excellent performance at the Games!

This year marks the 30th anniversary of China's reform and opening-up. In the last 30 years, the industrious and enterprising Chinese people have succeeded in making the historic transition from a highly-centralized planned economy to a vibrant socialist market economy, and from a closed and semi-closed society to one that is fully open to the outside world. The Chinese economy has experienced steady and fast growth. The Chinese people, who once lacked basic living necessities, now generally lead lives of moderate prosperity. The number of poor rural population has been reduced from over 250 million to a little more than 10 million. Remarkable progress has been made in political, cultural and social development. Having said this, we are keenly aware that China is still the largest developing country in the world. In our development endeavors, we face problems and challenges whose scale and complexity are unparalleled in the world. China still has a long way to go and needs to make arduous efforts before it can build a moderately prosperous society in all respects that can bring greater benefits to a population of over 1 billion, basically achieve modernization and ensure common prosperity for all. China's development over the past 30 years is attributable to reform and opening-up. China's development in the future will also have to depend on reform and opening-up. The Chinese people will remain committed to reform and opening-up and make continued efforts toward building a moderately prosperous society in all respects and accelerating the socialist modernization drive.

Irreversible multi-polarization, evolving economic globalization and accelerating scientific and technological revolution are major trends of the times. China's destiny is more than ever closely connected with that of the world. Here, I wish to reiterate that China will continue to follow the path of peaceful development, pursue an opening-up strategy of mutual benefit and win-win progress and seek development that is peaceful, open and cooperative. The Chinese people stand ready to work with people around the world to build a harmonious world of enduring peace and common prosperity.

Ladies and gentlemen,

Dear friends,

China-ROK relations have a promising future and there is a lot that we can do. I sincerely hope that our business communities will join hands, seize the opportunities to deepen mutually beneficial cooperation in all areas and jointly usher in a better future for China-ROK relations.

Thank you!

Source: www.fmprc.gov.cn

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