At the same time, we are keenly aware that China is still the largest developing country in the world and we need to make long and hard efforts if we are to build a moderately prosperous society in all respects and basically achieve modernization.

Only reform and opening up can develop China. We must not be afraid of any risks, and not be confused by any distractions.

China has adopted and is implementing its national climate change program. This includes mandatory national targets for reducing energy intensity and discharge of major pollutants and increasing forest coverage and the share of renewable energy for the period of 2005 through 2010.

Democracy is the common pursuit of mankind, and all countries must earnestly protect the democratic rights of the people.

Developed countries should support developing countries in tackling climate change. This not only is their responsibility, but also serves their long-term interests.

In order to address world economic imbalances, countries around the world should make joint efforts to adjust their economic structure.

The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the US dollar should be kept at a reasonable and stable level.