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China calls for stronger APEC economic, technical cooperation
( 2003-10-19 16:08) (Xinhua)

Chinese President Hu Jintao urged here Sunday the Pacific Rim economies to strengthen their economic and technical cooperation to help turn potential markets into real ones.

Addressing the CEO Summit of the Asia-Pacific Economic Cooperation forum, Hu said promoting the development of APEC's developing members should be an important mission of the organization.

"We should vigorously strengthen APEC economic and technical cooperation, for it contributes to faster economic growth of the developing members and helps them to turn their potential market into a real one," Hu said.

"It also benefits the developed members by securing them even greater market access, leading in the end to the achievement of common development and common prosperity of all members," he added.

The Chinese president said the realization of sustained economic growth requires not only efforts at formulating and implementing policies and measures for economic development but also joint endeavors to promote overall progress in the societies.

"We should commit greater resources to the development of science, technology, education, culture, public health, strengthening ecological protection and environment management, rationally exploiting natural resources and bringing about a coordinated economic and social development and harmonious coexistence between man and nature," Hu added.

"Realizing sustained economic growth also requires vision, courage and skills of business leaders," he said, adding that China would make full use of the APEC mechanism.

"We should get along with the trend of economic globalization and regional economic integration and redouble our efforts toward common development and common prosperity in the Asia-Pacific region by enhancing mutual trust, stepping up cooperation and cultivating a network of partnerships of all-round cooperation," the Chinese president said.

 
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