Home >

Li Keqiang: China Will Continue To Buy Spanish Bonds

2011/1/4 10:29:00 57

Li Keqiang China Spain Bonds


In January 3rd, Spain The state newspaper publishes Vice Premier of the State Council of China. Li Keqiang The article entitled "mutually beneficial cooperation, create a better future". Li Keqiang said in his article that China supports a series of economic and financial adjustment measures taken by Spain and firmly believes that Spain can achieve a comprehensive economic recovery. China will continue to buy Spain in the future National debt 。


Li Keqiang will visit Spain in from January 4th to 6th. After that, they will visit Britain and Germany.
Li Keqiang wrote in the article that in today's world, it is impossible for any country to build a closed door. China's development is inseparable from the world, and the development of the world needs China. China's door is always open to the world. China's development will bring great opportunities for cooperation between European countries and other countries including Spain. China is willing to discuss various positive and effective ways of cooperation with the West. China is a long-term investor responsible for the European financial market and the Spanish financial market. For Spain's transport, telecommunications, banking and insurance industries, the Chinese will be one of their biggest customers in the future.
Li Keqiang also said that China has recently formulated a blueprint for economic and social development in the next five years, will adhere to the strategic policy of expanding domestic demand for a long time, speed up the readjustment of industrial structure, and vigorously advocate the development of a green economy.
Xinhua published the Li Keqiang article in January 3rd, the following is the full text:
Work together to create a better future
In the strong new year's atmosphere, I will soon start a tour of Europe by the Chinese delegation. This trip took Spain as the first stop to visit Europe, not only because it yearned for this ancient, modern, distant and close country, but also wished to take this opportunity to convey the friendly feelings of the Chinese people to the Spanish people and to enhance the good wishes of sincere cooperation with Spain.
China has a population of 1 billion 300 million and is the largest developing country in the world. Over the past 30 years, China has persisted in reform and opening up and made great achievements in economic and social development. GDP grew by an average of 9.9% annually, and the scale of the economy has ranked the highest in the world. Opening to the outside world continues to expand, total trade volume is second in the world, absorbing foreign capital has been the first in developing countries for many years, and foreign investment ranks fifth in the world. The living standards of the Chinese people have improved markedly, and a historic leap from inadequate food and clothing to overall well-off society has been achieved. The per capita income has increased by 8 times, more than 200 million of the population has been lifted out of poverty, the minimum living security system covering urban and rural areas has basically taken shape, and the people's spiritual and cultural life has also been enriched.
The Chinese people are encouraged by their achievements and have a clear understanding of the problems in their development. China has the most complex national conditions in the world, and any development achievements China will get rid of by the 1 billion 300 million population will become a smaller figure. At present, China still has 700 million people living in rural areas, and per capita GDP ranks 100 in the world. Although some coastal cities are thriving and prosperous, some people in the central and western regions are still unable to drink clean water and live in thatched houses. In some places, infrastructure, medical and health and cultural education are still lagging behind. About 150 million people live below the poverty line of US $1 per person per day. In today's China, the coexistence of advanced and backward, the old and new contradictions are interlaced, and there are still many challenges and risks on the way forward.
Looking back on the development of China over the past 30 years, there is a very important experience: we must persist in proceeding from reality and follow the road of development that is in line with our national conditions. We must also open doors and take everything into account and exchange and cooperate with other countries in the world to learn from the outstanding achievements of human civilization. In today's world, it is impossible for any country to build a closed door. China's development is inseparable from the world, and the development of the world needs China.
Recently, China has drawn up a blueprint for economic and social development in the next five years. This blueprint not only clarifies China's idea of accelerating the transformation of the mode of economic development, but also shows the desire of China and the international community to jointly meet challenges and share opportunities together. China's future development will be more closely linked with the rest of the world. First of all, China will adhere to the strategic policy of expanding domestic demand for a long time. China is in the stage of accelerated development of industrialization and urbanization. Every year, about 10000000 peasants turn to cities. This trend will continue for many years and will lead to huge investment demand and consumer demand, making China one of the largest emerging markets in the world. Second, China is speeding up readjustment of its industrial structure, making efforts to raise the level of manufacturing industry, cultivating and developing strategic emerging industries, accelerating the development of service industries, persisting in opening to the outside world, protecting intellectual property rights, continuing to introduce advanced technology and management experience in the world, and improving the contribution rate of human capital to economic growth. This is an important measure for us to push forward development. Third, China strongly advocates the development of a green economy. Circular economy, clean energy, low carbon technology and sustainable development, these ideas and technologies, which originated in developed countries, have been increasingly accepted by Chinese enterprises and residents and applied to all aspects of production and life. In order to achieve the blueprint, China will continue to deepen reform, adhere to market-oriented reform direction, and form an institutional mechanism conducive to economic transformation. China's door is always open to the world. China's development will bring great opportunities for cooperation between European countries and other countries including Spain.
Although China and Spain are separated from each other at the two ends of the Eurasian continent and are far apart, they are closely related to each other and are economically complementary. The friendly exchanges between the two countries have a long history and excellent traditions. Since the establishment of diplomatic relations, the relationship between China and the West has been tested by historical trials and has been gaining popularity and encouraging results. Spain has a relatively high level of economic and social development, and is in the leading position in the fields of information, tourism, finance, renewable energy and modern agriculture. At the same time, China's large population and large market will also bring great business opportunities to Spain. Looking forward to the future, cooperation between China and Spain will be further expanded in breadth and depth. It is not satisfying to divide the population by 1 billion 300 million people, but it is very exciting to multiply with 1 billion 300 million people. If 1 billion 300 million Chinese people consume a bottle of olive oil and taste a few glasses of wine per person, Spain may not have enough output in one year. Every year, even if only a few percent of Chinese travel to Spain, hotels in Spain will be full every day. For Spain's transport, telecommunications, banking and insurance industries, the Chinese will be one of their biggest customers in the future. China supports a series of economic and financial adjustment measures taken by Spain, and firmly believes that Spain can achieve a comprehensive economic recovery. China is willing to discuss various positive and effective ways of cooperation with the West. China is a long-term investor responsible for the European financial market and the Spanish financial market. We have confidence in the Spanish financial market. We have purchased Spanish bonds and will continue to buy them in the future.
China and Spain have always been good friends and good partners. Last year, in World Expo, Shanghai, the Spanish Pavilion was one of the most popular pavilions, attracting about 7000000 visitors, most of whom were Chinese. More and more Chinese are eager to know and understand Spain. We also hope that in the second ten years of the new century, more Spaniards will turn their friendly eyes on China, engage in exchanges with China and work together to create a better future for mankind.
  • Related reading

中国PMI连升4月后首次回落

Macro economy
|
2011/1/4 10:21:00
36

The Online Retail Market Grew By &Nbsp. Last Year, The National Online Shopping Broke 100 Billion Yuan.

Macro economy
|
2011/1/3 9:22:00
52

HSBC: China'S Local Government Debt Restructuring Time Is Ripe

Macro economy
|
2011/1/1 9:26:00
72

Power Shortage In Some Provinces

Macro economy
|
2011/1/1 9:25:00
56

国家主席胡锦涛发表2011年新年贺词

Macro economy
|
2011/1/1 9:19:00
103
Read the next article

China Securities Daily 4 News Summary Of Major Financial Media

China Securities Daily 4 news summary of major financial media