Q: What mechanisms and measures is the Chinese side considering adopting to promote balanced bilateral trade between China and Mexico? In what industries is the Chinese side planning to invest in Mexico? What policies is China adopting to encourage Mexican enterprises to invest in the country? How likely is it that China and Mexico will sign an agreement on free trade? In which areas will the two sides open up to each other to a greater extent?

A: In recent years, China-Mexico trade and economic cooperation have deepened from time to time and continued to achieve new results. China has become the second-largest trade partner of Mexico in the world, while Mexico is the second-largest trade partner of China in Latin America. Mutual investment between the two countries has steadily grown in scale, while areas of cooperation have continued to expand.

The Chinese side has never intentionally sought surplus in bilateral trade and is ready to join in efforts with the Mexican side to tap into potential, expand the scale and optimize the structure of bilateral trade and seek balance of trade in an active way.

Mexican exports to China have significantly diversified in recent years with an increasing number of electricity and telecommunications products, crude oil, cars, beer as well as agricultural products like tortillas and avocado available on Chinese markets.

During my visit to Mexico, the two sides will solve the issue regarding Mexican pork exports to China. China will organize a delegation of enterprises to Mexico to engage in relevant projects and market development. Meanwhile, China welcomes the Mexican side to send delegation to attend Chinese trade exhibitions, enhance understanding of the Chinese markets and promote Mexican products that meet the demand of Chinese consumers.

Mexico is an important investment partner for China in Latin America. China has increased its investment scale to Mexico with a broadening of investment fields. The Chinese government will continue to encourage and support competent Chinese companies to actively participate in Mexican infrastructure construction, and support enterprises of the two countries to conduct cooperation in the mining industry, energy (including new energy and renewable energy), manufacturing sector, telecommunications and agriculture, and cultivate new growth areas of investment.

Since its entry into the World Trade Organization (WTO) in 2001, China has fully implemented its commitment and its openness is approaching the average level of WTO's developed members. Foreign investments have entered into most fields of China's agriculture, manufacture and the service industry. We will adopt a more proactive opening-up policy and push forward the opening up to broader fields and a higher level. The country will encourage the foreign capital to enter into the areas of modern agriculture, high technology, advanced manufacture, energy conservation and environmental protection, new energy and the modern service industry.

China welcomes Mexican enterprises to expand investment in China. The country will continue to facilitate the investment environment, protect the legal rights and interests of foreign companies, and make efforts to create an open and transparent legal policy environment, a highly efficient and standardized administrative environment as well as a level playing field for foreign companies, including Mexican companies.

China has signed agreement of free trade with the three Latin American countries of Chile, Peru and Costa Rica, which played an important role in promoting trade and economic cooperation and investment between China and the three countries. China has also officially started a joint feasibility study on a free trade zone with Colombia. If the Mexican side puts forward the willingness to negotiate with the Chinese side on establishing a free trade zone, China is ready to strengthen cooperation with Mexico in this respect.

Q: How important is the 12th Five-Year Plan to China's development?

A: Over the past 30 years and more, China has made major progress in reform and opening up, registering an average annual growth rate of close to 10 percent. As a result, China's overall national strength has grown significantly, and its gross domestic product (GDP) has become the second largest in the world. On the other hand, the problem that its development is unbalanced, uncoordinated and unsustainable has become increasingly acute. In 2011, the Chinese Government adopted the 12th Five-Year Plan for National Economic and Social Development, which takes the Scientific Outlook on Development as the underlying guideline and accelerating the shift of growth model as the central task, and projects a 7-percent average annual GDP growth. It shows that we are more interested in the quality and efficiency of economic growth rather than the speed of growth only. We will improve the economic structure, stimulate domestic demand and consumption, and achieve growth driven jointly by consumption, export and investment.

The Plan calls for enhancing capacity for innovation and driving growth more through innovation, so as to turn more products from "made in China" into "created in China."

The Plan takes ensuring and improving people's lives as the starting point and ultimate goal of speeding up the shift of growth model, and sets the target of increasing per-capita disposable income of urban residents and per-capita net income of rural residents by over 7 percent per year respectively, so that they can grow as fast as the economy, if not faster. Government spending on education, public health and medical services, social security, employment and housing will be substantially increased so that all the people can share in more fruits of development in a fairer way.

The Plan calls for pursuing green, circular and low-carbon development, with focus on energy conservation and pollution reduction. The goal is to build a resource-saving and environment-friendly society and ensure sustainable development, with balance between economic and social development and population, resources and the environment.

The fundamentals of the Chinese economy are sound. First, growth is on a more stable footing, with GDP increasing by 7.8 percent in 2012 and 7.7 percent in the first quarter of this year. Second, progress has been made in shifting growth model and adjusting economic structure. Domestic demand, consumption demand in particular, is playing a significantly bigger role in driving growth, and the upgrading of industrial structure is picking up speed. Third, the employment situation is stable and resident income is rising. In 2012, 12.66 million new urban jobs were created, and per capita disposable income of urban residents and per capita cash income of rural residents increased by 9.6 percent and 10.7 percent respectively in real terms. Fourth, prices of consumer goods and housing remain stable. Consumer prices increased by 2.6 percent in 2012.

As the largest developing country in the world, China still faces many difficulties and challenges on the road ahead. To make life better for all the Chinese people requires sustained and hard efforts. We will continue to unwaveringly pursue reform and opening up and focus our efforts on managing our own affairs well. We will boost friendly relations and cooperation with other countries, and make new progress in advancing reform, opening up and building a modernized country. Looking ahead, we have full confidence in China's future.

Q: How will China realize its Chinese dream?

A: With great tenacity, the Chinese nation has emerged resilient from trials and tribulations. It has never given up its pursuit of great dreams. The great renewal of the Chinese nation has been a long-cherished dream of the Chinese nation since modern times.

In this new historical era, the Chinese dream that we are pursuing is about three things: economic prosperity, national renewal, and happiness of the Chinese people. We have two goals: First, to double the 2010 GDP and per-capita income of both urban and rural residents and finish the building of a moderately prosperous society in all respects by 2020. Second, to build a modern socialist country that is strong, prosperous, democratic, culturally advanced and harmonious and fulfill the Chinese dream of achieving the great renewal of the Chinese nation by mid-21st century.

To realize the Chinese dream, we must stay on the path of socialism with Chinese characteristics. We have been on this path for over 30 years. History has proven it to be the right path that suits China's national conditions, bringing about prosperity to China and its people. We will continue to advance along this path.

To realize the Chinese dream, we must promote the Chinese spirit. We need to boost the morale of the whole nation with the patriotism-imbued national spirit and call of the time, namely, reform and innovation.

To realize the Chinese dream, we must pool the strength of the whole country. Empty talk is harmful to the nation, while doing practical work will make it thrive. With the wisdom and strength of the 1.3 billion
Chinese and through the unremitting efforts of generations of the Chinese people, we will make China strong and the Chinese nation prosperous.

To realize the Chinese dream, we must pursue peaceful development. We will unwaveringly follow the path of peaceful development and the win-win strategy of opening-up. We will both pursue China's development and live up to our responsibilities and make our due contribution to the world. We will work for the common good of both the Chinese people and the people of the world. When realized, the Chinese dream will bring peace and opportunities to the world, not turbulence or threat.

While there is a vast ocean between China and Latin America, our hearts are closely linked. What binds us together is not only our profound tradition of friendship and close interests, but also our common pursuit of a beautiful dream.

In recent years, the Latin American and Caribbean countries have made steady progress in pursuing common development through concerted efforts. The establishment of the Community of Latin American and Caribbean States fully testifies to the vigorous efforts made by Latin America to realize the dream of unity, coordination and common development championed by the pioneers of the Latin American independence movement.

China will work closely with the Latin American and Caribbean countries and maintain mutual support and sincere cooperation to realize the great dream of development and prosperity.