Source: CNTV    2014-04-11  我要投稿   论坛   Favorite  

Chinese Premier Li Keqiang delivers a keynote speech at the opening of the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 10, 2014.

The following is the translated version of the full text of his speech:

Dear Guests, Ladies and Gentlemen, Dear Friends,

In the lovely spring, I am delighted to meet with friends from 52 countries and regions at the Boao Forum for Asia Annual Conference 2014 in the beautiful island of Hainan. On behalf of the Chinese government, I wish to extend warm congratulations on the opening of the annual conference and a hearty welcome to all forum participants.

The Boao Forum for Asia has entered its 12th year, and it has become an important platform with an Asian focus and a global vision. "Boao", the site of the Forum, means "enchanting water and abundant fish" in Chinese, and I think it is a symbol of the Forum's fruitful achievements. Attending this year's annual conference are many heads of government from Asia and Africa, and a great number of business leaders, and think tank and media representatives. Friends, both old and new, are meeting here to discuss ways to boost development of both Asia and the world. Exchange of views will create new vision, and more interactions bring friends closer. I hope that you will be fully engaged in forum discussions, and I look forward to benefiting from your insights.

Our world today is undergoing profound changes. The international architecture faces new adjustment. Uncertainties and destabilizing factors affecting the global and regional environment are increasing. Hotspot issues emerge from time to time. The world is moving towards multi-polarity amidst twists and turns. The global economy is in profound adjustment. Developed economies have seen new changes, while emerging economies have encountered new challenges, and many countries are on different economic trajectories. The global recovery has been a slow and difficult process and growth remains lackluster. To achieve strong, sustainable and balanced growth is still a daunting challenge facing all of us.

Asia is at a crucial stage of development. Asia is one of the most dynamic regions in the world. It boasts one third of the global GDP, over 4 billion people and ample supply of labor force. It enjoys distinct advantages as a late comer and has tremendous untapped development potential. That said, most Asian countries are developing nations, with low per capita GDP and uneven regional development. Over 700 million people in Asia still live below the international poverty line. Asia is faced with the huge challenge of growing the economy and improving people's livelihood.

[en]And Asian countries have to address both old problems and new ones. Ultimately, the key to solving Asia's problems lies in development. It is development that will change the world and shape the future. Development therefore remains the top priority of Asian countries.[/en]

To sustain its development momentum under the new conditions, Asia needs to find a dynamic source of development to re-energize itself. The theme of the annual conference: "Asia's New Future: Identifying New Growth Drivers" cannot be more relevant and is crucial to Asia and the world.

Here, I wish to share with you my views as follows:

第一,坚持共同发展的大方向,结成亚洲利益共同体。在经济全球化背景下,亚洲各国的发展,不可能独善其身,更不是你输我赢的“零和博弈”,而是你中有我、我中有你的互利合作,能产生“一加一大于二”的效应,甚至是“二加二大于四”的乘数效应。First, we should stick to the overarching goal of common development and build an Asian community of shared interests. In the age of economic globalization, no Asian countries can achieve development in isolation from each other, still less can they pursue development as a "zero-sum game". Rather, with our interests closely entwined, we the Asian countries need to seek mutually beneficial cooperation where "one plus one can make more than two" and even produces a multiplying effect in which "two plus two makes more than four".

The impact of the international financial crisis still affects us. Macro-policy adjustments made by developed countries have added uncertainty to the environment for development. Some Asian countries have experienced economic slowdown, rising inflation, and even capital flight and currency depreciation. Pessimistic views about the prospects of emerging economies have resurfaced.

Faced with these new developments and new problems, we countries in Asia should continue to act in the spirit of solidarity in face of difficulties, turn our strong economic complementarity into mutual support for each other's development, expand convergence of interests and achieve mutually beneficial coexistence and win-win development.

过去十多年,亚洲区域内贸易规模从1 万亿美元扩大到3万亿美元,占区内各国贸易总量的比例从30%上升到50%,但如与欧盟相比还有很大差距。区域经济一体化是地区各国的共同利益所在,我们应齐心协力促进贸易自由化和投资便利化,提升区域和次区域合作水平。
In the past decade and more, intra-regional trade in Asia has expanded from US$1 trillion to US$3 trillion, and its share of total trade of all Asian countries increased from 30% to 50%. Yet this is still far less than that in the EU. Regional economic integration meets the interests of all Asian countries. We need to work in unison to promote trade liberalization and investment facilitation, and upgrade regional and sub-regional cooperation.

The negotiation on the Regional Comprehensive Economic Partnership (RCEP) is the largest trade agreement negotiation with the most extensive participation in East Asia, and the RCEP is integration of existing mature free trade areas. Being highly inclusive and based on Asia's industrial structure, economic model and social tradition, the RCEP is a phased-in arrangement that accommodates member countries at different levels of development, and it does not exclude other regional trading arrangements.

China will work with all other parties to accelerate the negotiating process. At the same time, the launching of a feasibility study on a Free Trade Area of the Asia-Pacific (FTAAP) may be considered to maximize the benefits of trade and investment in the Asia-Pacific.


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