Reform and opening up in the past three decades have delivered better livelihoods for the Chinese people. And reform and opening up remain key to realise modernisation. To achieve this goal, we need to stay the course on market-orientated reform, energise the market, motivate the people, bring out their ingenuity and open China still wider to the outside world.
We will delegate power and create more space to individuals and the private sector for economic activities, while enforcing government regulations with tighter oversight, and imposing tougher penalties on IPR infringement, environmental pollution and unfair competition. This will give foreign investors the same level playing field and greater space for development, just like their Chinese counterparts.
The United Kingdom is a great country and an important partner of China. My visit has a threefold purpose: first, to discuss ways to deepen co-operation in various fields and thus spur the growth of our respective economies; second, to present the real China so as to change misperceptions and ease misgivings; and third, to draw on British perspectives and experience.
The United Kingdom has a strong economy, dynamic financial sector, advanced science and technologies; and it leads the world in energy conservation and environmental protection. China, for its part, has a huge market, large foreign exchange reserves and a competitive manufacturing sector. Drawing on our complementary strengths, there are many areas for collaboration. We look forward to stronger co-operation in finance, infrastructure construction, among others, and more robust exchanges in research, education, and culture. We look forward to win-win engagements.
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