Ladies and Gentlemen,

This is the fourth time that China has played host to the Fortune Global Forum, with the previous three forums taking place in Shanghai, Hong Kong and Beijing. The current forum, themed China's New Future, highlights the close attention that people have paid to the prospect of China's development. Against the backdrop of deepening economic globalization, countries around the world have become more and more interdependent economically, and the future of China's economic development is, no doubt, closely linked with that of the world. The implication of this bears not only on the well-being of the 1.3 billion Chinese people, but also on the common interests of people the world over.

The world today is at a critical juncture of significant development, transformation and readjustment. Countries around the world are adopting measures to cope with the complicated and volatile global economic situation and are pondering on their future development paths. Responding to the changing national and global conditions, China, too, has made a series of major strategic adjustments and set up plans for its future development. The 18th National Congress of the Communist Party of China (CPC), held in November 2012, drew the blueprint for China's development in the years ahead. Our goals are: to complete the building of a moderately prosperous society in all respects by 2020, with China's GDP and per-capita income for both urban and rural residents doubling those of 2010, and to turn China into a modern socialist country that is prosperous,strong, democratic, culturally advanced and harmonious by the middle of the 21st century, thus fulfilling the Chinese dream of the great renewal of the Chinese nation.