In the final analysis, the general principle for our economic development in China is still that formulated by Chairman Mao, that is, to rely mainly on our own efforts with external assistance subsidiary.

Cross the river by feeling for stones under one's feet.

In China, we are considering ways of resolving our problems by improving our institutions.

Absorbing foreign capital and technology and even allowing foreigners to construct plants in China can only play a complementary role to our effort to develop the productive forces in a socialist society. Of course, this will bring some decadent capitalist influences into China. We are aware of this possibility; it's nothing to be afraid of.

There is oil in the Middle East there is rare earth in China.

Chairman Mao creatively applied Marxism-Leninism to every aspect of the Chinese revolution, and he had creative views on philosophy, political science, military science, literature and art, and so on. Unfortunately, in the evening of his life, particularly during the "Cultural Revolution", he made mistakes - and they were not minor ones - which brought many misfortunes upon our Party, our state and our people.

For a leader to pick his own successor is a feudal practice.