Since last year, after being stricken by the Financial Crisis, some East Asian countries began to adopt strong economic restructuring and reform measures, and noticeably strengthened coordination and cooperation in the financial sector. Meanwhile, China has been stabilizing the exchange rate of Renminbi yuan, and actively expanding domestic demand, increasing investment, as well as maintaining the steady growth of the Chinese economy. At the same time, China also continued to push forward economic and trade relations with other Asian countries and regions. By doing all these, China has made its due contributions to the recovery and development of the Asian economy. We are fully confident of Asia's future.
Asian countries have relatively solid basis for economic development.
Asians are diligent people with strong consciousness for education and superb cultural heritage. So long as we carefully sum up experiences and lessons drawn from the Financial Crisis, improve the development modalities, and speed up scientific and technological advancement, so long as we can make best use of advantages and bypass weaknesses, and so long as we can promote the beneficial and eliminate the harmful, the Asian economy will surely re-thrive, prosper, and make new economic miracles, thus making greater contributions to the development of world economy and human kind. As a friendly neighbor and an important economic and trade partner of Asean, China will continue to focus on developing its own economy in the new century and expanding economic and trade cooperation with all countries on the basis of equality and mutual benefit. In the past 2 decades, China has always adhered to the fundamental national policy of opening-up, which has made enormous attainments in national economy and social development. At present, China's foreign trade stands at the 9th place in the world and its absorption of foreign investment ranks the foremost among all developing countries.