President Hu Jintao
said on Tuesday "Special focus should be put on optimizing China's
foreign trade structure, having more high-quality, hi-tech and high
value-added products, and manufacturing and exporting more
home-grown products."
Hu was addressing a workshop in Beijing attended by China's
top-ranking officials.
Hu said that since China's entry into the World Trade
Organization (WTO), the country's domestic and international
markets have become more closely linked, and the interaction
between the domestic and global economies has also intensified.
"This has not only brought about rare opportunities for China,
but has also presented severe challenges to our country's reform
and development," he said.
"We must adapt ourselves to the new development trends of
economic globalization, endorse a global development strategy and
take an active part in international economic and technological
cooperation and competition," he said.
It is the requirement of a "scientific view of development" that
China adopt a new export strategy of "winning by quality" by
raising the export competitiveness of its products and improving
the quality and efficiency of its foreign trade, Hu added.
He also stressed that China should open its doors still wider to
the outside world by both attracting more foreign investment into
the country, and encouraging more domestic businesses to invest and
operate overseas.
The Tuesday workshop, attended by members of the elite Political
Bureau of the Central Committee of the ruling Communist Party of
China (CPC), was designed to help top Chinese leaders learn about
the new features of economic globalization and international
trade.
(Xinhua News Agency June 2, 2005)