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New five-year plan would bring confidence to the world

Updated: 2011-03-22 09:28

(Xinhua)

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New five-year plan would bring confidence to the world

Chinese Premier Wen Jiabao (R) talks with Chief Executive Officer of Royal Dutch Shell Peter Voser (L) during a meeting with entrepreneurs from various countries at the China Development Forum in the Great Hall of the People, in Beijing, March 21, 2011. [Photo/Agencies]

BEIJING - Chinese Premier Wen Jiabao said on Monday that China's 12th Five-Year Plan has brought hope and confidence not only to China, but also to the entire world.

"China's opening-up policy will remain unchanged, and we will further strengthen, rather than weaken our policies for drawing foreign investment, advanced technologies, as well as management experience," Wen told about 70 overseas delegates in attendance at the China Development Forum 2011 in the Great Hall of the People.

China's 12th Five-Year Plan was released earlier this month during the annual session of the National People's Congress, the country's top legislature. It steers the world's second largest economy towards a path of fairer and greener growth in the next five years.

According to the plan, China aims to reduce energy consumption per unit of GDP by 16 percent in the five years leading up to 2015. The country is also looking to cut carbon dioxide emissions by 17 percent during the period.

"China's development is inseparable from the world, and the development of the world cannot be realized without China," Wen said. "The more China develops, the more it needs to cooperate with the world," he added.

As the world economy bounced back, the Premier called on the international community to enhance coordination in a spirit of unity and solidarity and called on countries to pull together to promote vigorous, sustainable and balanced growth of the world economy.

Wen said he was optimistic about the prospects for the world economy.

The forum runs from Saturday to Monday, and has the theme "the Ongoing Transformation of China's Growth Pattern".

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