Getting to Know the Real China
China is a member of the big family of the United Nations, and China's development and changes have attracted worldwide attention. I wish to take this opportunity to share with you my observations on how one should get to know the real China.
Since the founding of the People's Republic, and especially since the start of reform and opening up more than 30 years ago, profound changes have taken place in China, a big, ancient country in the East. Its economic and overall national strength has substantially increased. The livelihood of its people has markedly improved. Its social and cultural programs have made considerable progress. And its exchanges and cooperation with the outside world have kept expanding. In sum, my country has made a historic leap from mere subsistence to moderate prosperity.
We in China are proud of our achievements accomplished through strenuous efforts. At the same time, we are clear-headed about our place and role in today's world
China's GDP is the third largest in the world, but in per capita terms, it is only one-tenth of that of developed countries. China has enjoyed over 30 years of fast growth, but its further development faces energy, resources and environmental constraints. China is a leading producer of many important products, but it remains at the lower end of the global industrial chain. China is a big trading nation, but its exports are low in technology content and value added. In many cases, we have to rely on imports to meet the demand for core technologies. China's coastal areas and some of the big and medium-sized cities thrive in modernization, but many places in the central and western regions and the vast rural areas are still rather backward, and we have 150 million people living below the poverty line set by the United Nations. The Chinese people's livelihood has made significant improvement, but we do not yet have a full-fledged social security system, and we are confronted with high employment pressure. Our people are more and more actively engaged in the country's social and political development, and citizens' basic rights and interests are better protected, yet our democracy and legal system still have room for improvement and such social ills as inequity and corruption still exist.
China, which has come a long way in modernization, is fairly advanced in some areas of development but remains backward in others. And it faces unprecedented challenges brought by problems both old and new. Taken as a whole, China is still in the primary stage of socialism and remains a developing country. These are our basic national conditions. This is the real China.
China has set the strategic goal of basically achieving modernization by the middle of this century. Looking into the coming decades, the Chinese people will continue to move forward along the path of reform and opening up and peaceful development. This path has changed China's destiny and has benefited people throughout the country. We must stay on this path and make further improvement. There is no reason whatsoever for us to deviate from it.
The US Congress moved closer to punishing China for allegedly manipulating its currency, as a key committee of the House of Representatives voted to advance legislation that could