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    Xi Jinping: China Does Not Approve Of Singing Empty Or Shorting Europe.

    2012/2/20 8:40:00 3

    European Debt Crisis Shannon Development ZoneIrelandShanghai

       The EU has the ability to solve its debts.


    On the eve of the visit, Xi Jinping received a written interview from the Irish media.


    In response to the question of whether the importance of the European Union is due to the decline of the European sovereign debt crisis, Xi Jinping said that although the European Union has encountered some difficulties and challenges, there is no lack of voice in the world. However, the European Union has a high degree of political consensus in overcoming difficulties, overcoming the crisis, and safeguarding and promoting the fruits of European integration. China is not in favour of singing empty or shorting Europe, because we believe that the difficulties in Europe are temporary. The EU and European governments and people are capable, wise and able to solve the sovereign debt problem and achieve economic recovery and growth.


    Xi Jinping stressed that China adheres to the European relations as one of the priority directions in the diplomatic strategy and has always supported the construction of European integration. We have provided sincere help to our European friends through expanding bilateral investment and economic and trade cooperation, and China will continue to support EU, ECB and IMF in their own way to make efforts to solve the European debt problem.


       China's economy


       Economic growth will not go down sharply.


    As to whether China's development will continue to be an opportunity for the world, Xi Jinping said that over the past 5 years, China's economic growth has contributed more than 20% to world economic growth and has become an important engine for stimulating world economic growth. Starting from this year, we have appropriately lowered the expected target of economic growth rate, which is conducive to easing pressure on prices, energy resources and environment, and accelerating the spanformation of the mode of economic development and improving the quality and effectiveness of economic development.


    The overall keynote of China's economic and social development this year is steady progress and no sharp decline in economic growth. China's development is still in the period of important strategic opportunities, and there are still many favorable conditions to maintain steady and rapid economic development over a long period of time. Especially in the next 5 years, China's total imports will reach US $8 trillion, and the annual external investment will exceed US $100 billion. This will bring greater market, more opportunities and broader cooperation space to the world.


       Activity


       First station to visit Shannon Development Zone in Ireland


    China's construction of special economic zones and Shanghai Pudong New Area draw lessons from the experience of Shannon development zone.


    On the afternoon of 18, local time, Xi Jinping, who had just arrived in Ireland, visited the Shannon Development Zone in western Ireland.


    Xi Jinping said that the development zone of Shannon is one of the earliest and most successful economic development zones in the world. It has not only made important contributions to the economic development of Ireland for decades, but also provided a useful reference for the development of the open economy in many countries in the world. China's construction of special economic zones, Pudong New Area of Shanghai and Tianjin Binhai New Area has drawn many useful experiences from Shannon development zone. Many Chinese delegations visiting Ireland have also been deeply impressed by the visit. They have played a beneficial role in broadening their horizons, developing their thinking and doing well in economic construction.


    Any development achievement in China, if divided by 1 billion 300 million people, will become very small; any problem in China, if multiplied by 1 billion 300 million people, will become very big. Therefore, China is proud of its achievements through hard work, and even more aware of the contradictions and difficulties in its development.


    Starting from this year, we have appropriately lowered the expected target of economic growth rate, which is conducive to easing pressure on prices, energy resources and environment, and accelerating the spanformation of the mode of economic development and improving the quality and effectiveness of economic development.


        

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