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China's opening-up policy not to change, business ties with Australia stressed

04-07-2011 08:39 BJT

PERTH, Australia, April 6 (Xinhua) -- Visiting China's top political advisor Jia Qinglin said here on Wednesday that China's policy of opening-up and peaceful development will not be changed and proposed to promote bilateral business ties.

Jia Qinglin, chairman of the National Committee of the Chinese People's Political
Consultative Conference, addresses a welcoming luncheon attended by Premier of Western
Australia Colin Barnett and entrepreneurs from the two countries, in Perth, Australia,
April 6, 2011. (Xinhua/Pang Xinglei)

In a welcoming luncheon attended by Premier of Western Australia Colin Barnett and entrepreneurs from the two countries, Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, said both countries enjoy sound growth in economic relations and more efforts should be made to further bilateral business ties.

PEACEFUL DEVELOPMENT

Jia said the basic fact that China is still a developing country is not changed and China will stay committed to the basic state policy of opening-up and adhere to the path of peaceful development.

"China's per capita GDP is only a little more than 4,200 U. S. dollars, 1/10 of Australia's and ranking behind more than 100 countries. We still have an over 700 million rural population whose annual per capita net income is roughly 750 U.S. dollars," he said, adding that China still has a long way to go before it can achieve modernization.

"China has opened up the door to the outside world, and the door will never close, but open even further," he said.

"Just as Mr. Deng Xiaoping, chief architect of China's reform and opening-up program, stated, 'reform and opening up will continue throughout the course of China's development,'" he said.

Jia also said China will firmly adhere to the path of peaceful development. "The Chinese love peace and have a long-held tradition of valuing peace. Our love for peace has been passed on from generation to generation and runs deep in our blood," he said.

"To make new progress, we still need a peaceful international environment. We will firmly follow the path of peaceful development to develop ourselves by seeking a peaceful international environment and promote world peace through our development," Jia said.

Jia Qinglin, chairman of the National Committee of the Chinese People's Political
Consultative Conference, addresses a welcoming luncheon attended by Premier of Western
Australia Colin Barnett and entrepreneurs from the two countries, in Perth, Australia,
April 6, 2011. (Xinhua/Liu Weibing)

BUSINESS TIES ENJOY STEADY, SOUND GROWTH

Jia said Chinese and Australian business cooperation has grown vigorously, as evidenced by the expanding scale, broadening areas and more diversified forms. "Our business ties are entering a new phase of steady and sound growth," he said.

Jia said the two-way bilateral trade volume exceeded 10 billion U.S. dollars in 2002, surged to 88.9 billion U.S. dollars in 2010, and is expected to top 100 billion this year.

He also said China is Australia's biggest trading partner and export market, and largest source of imports. China has also become Australia's biggest export market for trade in services. He noted that Australia was the only one among China's top ten trading partners whose trade with China increased despite the international financial crisis. Australia is also the only one among all OECD countries that has escaped an economic recession.

Jia said China and Australia are also each other's important partners of investment. Jia also noted that trade and economic cooperation has become more diversified. The governments of the two nations have cooperated closely in such international and regional economic affairs as tackling the international financial crisis and advancing the Doha Round negotiations and on bilateral economic and trade issues.

He said the business cooperation has extended from the traditional fields to new energy sources, energy conservation, environmental protection and finance.


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