Hu Jintao at the APEC CEO Summit on the speech (full text)

Chinese President Hu Jintao, 21, held in Lima in 2008 APEC CEO Summit delivered a speech entitled "Join us to work together to promote economic development" an important speech. The full text of his speech is as follows:

To join hands to work together to promote economic development

- In the 2008 APEC CEO Summit speech

(November 21, 2008, in Lima, Peru)

Chinese President Hu Jintao

Dear Mr President, ladies and gentlemen, friends:

Today, I am pleased with the industrial and commercial leaders meet again on the response of the international financial crisis and China's development and exchange views on the issue.

For 2008, China is a very unusual year. The success of the Chinese people to fight a serious low-temperature freezing rain and snow disasters, Wen Chuante Sichuan earthquake disaster, the success of the Beijing Olympic Games, Paralympic Games. To take this opportunity, on behalf of the Chinese government and people to fight for our serious natural disasters and organized by the Beijing Olympic Games and Paralympic Games to provide support and assistance to the countries and regions have friends in the business community, to express my sincere thanks!

Ladies and gentlemen, my friends!

At present, the international financial crisis is spreading, from local to global development, transfer from the developed countries to emerging markets from spreading to the financial sector entities in the economic field, to the countries of the world economic development and people's lives seriously affected, the situation is Grim. Effectively deal with international financial crisis, maintaining international financial stability and promoting world economic development has a bearing on the prospects for global development has a bearing on the vital interests of all countries. A few days ago, the leaders of the Group of Twenty financial markets and the world economic summit held in Washington, meeting on the cooperation of the international community to deal with international financial crises and promoting world economic development, reform the international financial system and reached broad consensus. At this critical moment, the world should enhance confidence, strengthen coordination and close cooperation to take prompt and effective measures, including to take all necessary fiscal and monetary measures to contain the spread of financial crisis and the spread of the international financial market stability as soon as possible, to minimize the financial Crisis on the real economy of the damage and to promote world economic growth and safeguarding the common interests of the peoples of the world.

China welcomes the countries concerned to cope with this financial crisis to take positive measures in the hope of success as soon as possible. China within the framework of the best of its ability to cope with the international financial crisis has made significant efforts to adopt a series of initiatives, including the domestic banking system to ensure the stability of the financial markets and financial institutions to provide the necessary liquidity support, in close collaboration with other national macro-economic policy Coordination and cooperation, and so on. China will be in a responsible manner, continue to work with the international community to strengthen cooperation and make efforts to preserve the stability of international financial markets.

The international community should carefully summing up the lessons of this financial crisis, in the interests of all stakeholders on the basis of full consultation, to grasp the establishment of a fair, just, inclusive and orderly international financial order and the new direction, adhere to a comprehensive, balanced, gradual And the effectiveness of the principle of the international financial system to carry out the necessary reforms to create a conducive global economic environment for the healthy development of the system. To strengthen international cooperation in financial supervision and enhance early warning and monitoring capacity; to strengthen the international financial institutions to guard against financial risks of global responsibility, developing countries in international financial institutions and representative voice; to encourage regional financial cooperation and enhance regional mobility and mutual assistance Capacity; steady diversification of the international monetary system, enhance the existing international monetary system and the effectiveness; all types of financial institutions and intermediary organizations should strengthen their risk management and improve transparency.

China will continue to promote the building of sustainable development in the world economy, inclusive and orderly international financial system, a just and rational international trading system, fair and effective system of global development, adhere to the achievement of national development in both partners, especially developing countries Legitimate concern and support of the international community to help developing countries enhance their own capacity development and improving people's livelihood and support to promote trade and investment liberalization and facilitation, support and jointly safeguard the national security of the world economy and to promote common development and prosperity.