Fifth, take coordinated actions and ensure world food and energy security. Food and energy are essential to the economy and people's livelihood of each individual country, and to global development and security. We should, following the principle of common development, actively and effectively coordinate our policies and resort to a variety of joint measures to safeguard world food and energy security. We should pay greater attention to grain production, increase input, boost grain supply through science and technology, improve the environment for food trade, and establish a fair and equitable order for trade in agricultural products. We should strengthen coordination at the macro level, curb excessive speculation in the markets and stabilize food prices. Countries able to offer assistance should do so to those stuck in food crisis, developing countries in particular. The Chinese Government has already undertaken to increase exports and assistance to developing countries facing food shortages.

We should establish and act on a new energy security concept that calls for mutually beneficial cooperation, diverse forms of development and common energy security through coordination. We should strengthen mutually beneficial cooperation and policy coordination on energy development and utilization, achieve globalization and diversification of energy supply, build advanced energy technology research, development and application systems, and encourage the use of clean and renewable energies to ensure world energy security. The Chinese Government attaches great importance to energy security and has been working hard to develop a stable, economical, clean and safe energy supply system. We are committed to building a resource-conserving and environment-friendly society and achieving sustainable development.

Dear colleagues,

Since its launch almost 20 years ago, APEC has done a great deal in promoting trade and investment liberalization and facilitation and economic and technical cooperation, thus making positive contribution to regional economic integration and the building of an Asia-Pacific family. The host of major reform measures adopted within the APEC framework in recent years have improved APEC's organizing and coordinating capabilities and significantly enhanced the dynamism and efficiency of APEC cooperation. China is ready to work with other APEC members to promote further development of APEC. In doing so, we should maintain the nature of APEC as a forum for economic cooperation and its approach of conducting cooperation on a non-binding basis, as this best suits the diversity prevailing in the Asia-Pacific. We should continue to promote balanced progress in economic and technical cooperation and trade and investment liberalization. In particular, we should increase input in economic and technical cooperation to enhance capacity-building in developing members and narrow the development gap. To this end, China would like to host the APEC Human Resources Development Ministerial Meeting in 2010 to create a platform for experience sharing and cooperation among all members.

Dear colleagues,

This year has been an eventful year for China. The Chinese people have withstood the test of natural disasters like the severe snowstorms and the massive earthquake that hit Wenchuan, Sichuan Province, and have successfully hosted the Beijing Olympic and Paralympic Games. We have received tremendous support and sincere assistance from APEC members and the entire international community during this period. I wish to take this opportunity to express, on behalf of the Chinese Government and people, our heartfelt thanks to you all.

This year marks the 30th anniversary of China's reform and opening-up program. Through reform and opening up in the past three decades, China has accomplished the historic transformation from a highly centralized planned economy to a robust socialist market economy and from a closed and semi-closed society to one that fully embraces the world. China has enjoyed sustained and fast economic growth, significant improvement in people's livelihood and marked progress in various social undertakings. At the same time, we are keenly aware that China remains the largest developing country in the world, and the difficulties and problems we face in the course of development are rarely seen elsewhere in terms of both their scale and complexity. We still have a long way to go before we can build the country into a moderately prosperous society in all respects and at a higher level to the benefit of the over one billion Chinese people and achieve basic modernization and common prosperity for the entire population. We must continue with our arduous efforts. The Chinese people will unswervingly carry forward reform and opening up and continue to work hard to promote all-round, coordinated and sustainable economic and social development and achieve the goal of building a moderately prosperous society in all respects.

As economic globalization continues to deepen, China's destiny is more than ever closely tied to that of the world. To achieve development, China needs an international environment of peace, stability, harmony and cooperation, and China will contribute its part to fostering such an environment. I wish to reiterate that China is firmly committed to the path of peaceful development, to an opening-up strategy of mutual benefit and win-win progress and to achieving peaceful development through openness and cooperation, and China will devote itself to the building of a harmonious world of enduring peace and common prosperity.

Thank you.

Source: www.fmprc.gov.cn