英语文摘:Chinese president promotes growth at APEC meeting, meets Japanese PM

Hu also elaborated on China's policy pursuit of peaceful development, common development and sustained and balanced growth.

He said China must adhere to the basic policy of opening-up, pursue a win-win strategy of opening-up and develop an open strategy to ensure sustained and fast economic growth.

China will continue to bring in investment and talent from overseas, and continue to build an open and transparent legal environment, an enabling market environment for fair competition and a stable and orderly business environment to foster favorable investment conditions, he said.

China will continue, Hu said, to pursue common development and be actively engaged in international cooperation to meet global challenges and promote world economic growth.

China will continue to pursue balanced growth of domestic and external demand, he said.

"We will transform its economic development pattern and adjust the economic structure at a faster pace and make great effort to build a long-term mechanism that boosts domestic demand, particularly consumer demand," Hu said.

To tap the potential of its domestic market, China will take such measures as promoting sustained increases in household income and spending, accelerating development of the new countryside and implementing the overall strategy for regional development, he said.

China will also continue to make good use of both domestic and international markets and domestic and international resources, continue to steadily move forward the reform of currency exchange rate regime in a self-initiated, controllable and incremental manner, he said.

China will continue to pursue sustainable development, stick to the basic policy of resource conservation and environmental protection, he added.

Hu also called on businessmen in the region to participate in China's reform and opening up process.

"A more developed China will bring even greater opportunities and make bigger contributions to the world, and China stands ready to work with all parties to shape an even better future for mankind," he said.