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.

Reform is Chinas second revolution.

Seek truth from facts.

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.

It should be pointed out that some of the things done after the arrest of the Gang of Four were inconsistent with Chairman Mao's wishes, for instance, the construction of the Chairman Mao Memorial Hall. He had proposed in the fifties that we should all be cremated when we died and that only our ashes be kept, that no remains should be preserved and no tombs built.

It is Chairman Mao who should be held primarily responsible for the Great Leap Forward. But it didn't take him long - just a few months - to recognize his mistake, and he did so before the rest of us and proposed corrections. And in 1962, when because of some other factors those corrections had not been fully carried out, he made a self-criticism. But the lessons were not fully drawn, and as a result the "Cultural Revolution" erupted.

When our thousands of Chinese students abroad return home, you will see how China will transform itself.