China needs a stronger system to protect its economic security
while it is determined to carry on the opening-up policy under
increasingly tough international competitions, President Hu Jintao said in Beijiing Saturday.
The government must improve its capacity to monitor economic
security situations, give early warnings and respond to the crisis,
Hu said when presiding over a group study of the Political Bureau
of the Communist Party of China (CPC) Central Committee.
The country also must make more efforts to protect the safety of
its assets and citizens abroad, Hu, also general secretary of the
CPC Central Committee, said at the group study on opening-up and
economic security.
Hu said China will stick to and expand its opening-up drive,
which has been proved conducive to the country's economy and
technological progress.
The opening-up drive can also help sharpen China's competitive
edge and create a favorable international environment, he said.
The country will try to change its foreign trade structure,
exporting and importing more quality products rather than pursuing
the increase of quantity, he said.
It will open wider its high-tech industry and manufacturing to
foreign capital, and introduce more advanced technologies,
experience of management and high-level personnel from foreign
countries, he said.
The government will also support more Chinese companies to
invest abroad by improving cross-border service and risk
management, he said.
China will take up its international responsibility and try its
best to help other developing countries, Hu said.
The country will deal with the problems of exports' quality,
climate change, environment protection and intellectual property in
a proper way while protecting the legal interests of domestic
companies and the stake of the country, he added.
Wang Xinkui, a professor with the Shanghai Institute of Foreign
Trade, and Long Guoqiang, a researcher with the Development
Research Center of the State Council, gave lectures at the study
session.
(Xinhua News Agency September 30, 2007)
