China's Vice Premier Zhang Gaoli delivered an address at the Gala Dinner for the Opening of 2013 Fortune Global Forum on Thursday. The following is the full text of his address:

Distinguished Guests,

Ladies and Gentlemen,

Good evening. In this early summer season that beams with vigor and vitality, our friends, both old and new, from the world over are gathered here in Chengdu, Sichuan Province, to attend the 2013 Fortune Global Forum. Together, we shall explore global economic trends and look into the future of the Chinese economy. President Xi Jinping had originally intended to attend the forum but was unable to come due to his tight schedule. As a result, he has entrusted me to come, and sent a congratulatory message to the forum. Yesterday afternoon, Premier Li Keqiang had a fruitful discussion in Beijing with some of the business leaders attending the forum. Today, on behalf of the Chinese government, I wish to extend my sincere welcome to all our friends. I also wish to extend my sincere congratulations to the forum organizer Time Warner Inc..

Sichuan is a place that has long been reputed as the "Land of Abundance" in China. Over the years, the hardworking and talented people of Sichuan have built a beautiful homeland. Yet they have also gone through many hardships. Just over a month ago, on 20 April, a 7.0-magnitude earthquake struck Lushan County, causing heavy loss of life and property. Thanks to the support and assistance from the whole nation, the people of Sichuan have seized every moment to engage in rescue and relief operation, and scored a decisive victory in resettling the earthquake victims and carrying out post-earthquake reconstruction in an orderly manner. Five years ago, on 12 May 2008, an even more devastating earthquake measuring 8.0 on Richter scale struck Wenchuan County. In the wake of the earthquake, through concerted efforts of the entire country, we managed to complete the post-quake reconstruction programs within three years. In our disaster relief and reconstruction efforts in both Wenchuan and Lushan, the international community, including many multinational corporations represented here in Chengdu, have lent us a helping hand. The Chinese government and people will never forget the kind and timely assistance of the international community. On behalf of the Chinese government and people, I wish to take this opportunity to express heartfelt gratitude to our friends at home and abroad for their support and assistance in our relief and reconstruction efforts in Wenchuan and Lushan.

Ladies and Gentlemen,

This is the fourth time that China has played host to the Fortune Global Forum, with the previous three forums taking place in Shanghai, Hong Kong and Beijing. The current forum, themed China's New Future, highlights the close attention that people have paid to the prospect of China's development. Against the backdrop of deepening economic globalization, countries around the world have become more and more interdependent economically, and the future of China's economic development is, no doubt, closely linked with that of the world. The implication of this bears not only on the well-being of the 1.3 billion Chinese people, but also on the common interests of people the world over.

The world today is at a critical juncture of significant development, transformation and readjustment. Countries around the world are adopting measures to cope with the complicated and volatile global economic situation and are pondering on their future development paths. Responding to the changing national and global conditions, China, too, has made a series of major strategic adjustments and set up plans for its future development. The 18th National Congress of the Communist Party of China (CPC), held in November 2012, drew the blueprint for China's development in the years ahead. Our goals are: to complete the building of a moderately prosperous society in all respects by 2020, with China's GDP and per-capita income for both urban and rural residents doubling those of 2010, and to turn China into a modern socialist country that is prosperous,strong, democratic, culturally advanced and harmonious by the middle of the 21st century, thus fulfilling the Chinese dream of the great renewal of the Chinese nation.

Looking ahead, China's development is faced with unprecedented opportunities and challenges in the new century. The global environment, which features general stability, has provided us with favorable conditions for development. China has made tremendous accomplishments since the founding of the People's Republic of China, especially since the adoption of the reform and opening-up policy. This has laid a solid foundation for China's future development and also contributed to the development of the global economy. However, we are soberly aware that the profound repercussions of the global financial crisis cannot be eliminated in the short term, that destabilizing factors and uncertainties in the world economy are still on the rise, and that China also has to stand up to the test of striding over "the middle-income trap" and alleviating the stresses accumulated in the course of its long period of extensive growth. I know that many friends, both Chinese and foreign, including those present here tonight, are interested in how China will turn its ambitious blueprint into reality. Let me take this opportunity to offer my perspectives on that. (Mo