Chinese leader urges efforts for sound recovery, sustained development of world economy

DAVOS, Switzerland, Jan. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang on Thursday called for international efforts to promote the sound recovery and sustained development of the world economy in the post-crisis era.

Chinese Vice Premier Li Keqiang delivers a speech in the annual meeting of  the World Economic Forum (WEF) in Davos, Switzerland, Jan. 28, 2010.  (Xinhua/Xie Huanchi)

In a keynote speech delivered at the annual meeting of the World Economic Forum in the eastern Swiss ski resort of Davos, Li said the theme of the meeting "Rethink, Redesign, Rebuild" embodies the spirit of cooperation and innovation to discuss means of world economic development in the post-crisis era.

He introduced the measures China had taken to deal with the international financial crisis, its achievements and China's intended follow-up economic policies.

The vice premier said the crisis did not change the fundamentals and long-term positive trend of China's economic development.

"Last year, we acted with resolve and confronted challenges head-on, and succeeded in ensuring steady and fast economic growth. As we draw plans for this year, we are confident that we can stay on top of the complicated situation and maintain steady and fast growth of the Chinese economy," said Li.

"Looking ahead, we are well positioned to achieve long-term, fast and steady economic growth."

China needs to follow a scientific outlook on development -- accelerating essential transformation of economic growth pattern, intensifying strategic adjustment of economic structure and endeavoring to explore new development models, he told the world's leading business executives and political leaders.

As a responsible and big developing country, China will stick to its unswerving path of peaceful development and mutually beneficial opening-up strategy, work together with other countries to promote the building of a harmonious world with sustained peace and common prosperity, he said.

The international community had scored initial achievements by working together to cope with the financial crisis, which struck over a year ago, he said.

Countries, whose fates are closely connected with each other, should further share responsibility and enhance cooperation under the complicated situation.