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| Chinese President Hu Jintao (C) meets with
delegates to the 2005 Fortune Global Forum in the Great Hall of the People
in Beijing, capital of China, May 16, 2005. (Xinhua
Photo) |
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| Chinese President Hu Jintao (R) shakes
hands with Donald Tsang Yam-kuen, acting chief executive of China's Hong
Kong Special Administrative Region, during a meeting in the Great Hall of
the People in Beijing, capital of China, May 16, 2005. (Xinhua
photo) |
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| Chinese President Hu Jintao (R) shakes
hands with Edmund Ho Hau Wah, chief executive of China's Macao Special
Administrative Region, during a meeting in the Great Hall of the People in
Beijing, capital of China, May 16, 2005. (Xinhua photo)
|
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| Chinese President Hu Jintao (R) shakes
hands with Richard Parsons, chairman and CEO of Time Warner Inc., during a
meeting in the Great Hall of the People in Beijing, capital of China, May
16, 2005. (Xinhua photo) |
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| Chinese President Hu Jintao (R) shakes
hands with Thomas Putter, CEO of Allianz Capital Partners GmbH, during a
meeting in the Great Hall of the People in Beijing, capital of China, May
16, 2005. (Xinhua photo) |
 |
| Chinese President Hu Jintao (R) shakes
hands with Katsuaki Watanabe, Executive Vice President and Incoming
President of Toyota Motor Corporation, during a meeting in the Great Hall
of the People in Beijing, capital of China, May 16, 2005. (Xinhua
photo) |
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| Chinese President Hu Jintao (R) shakes
hands with Richard Wagoner Jr., chairman and CEO of General Motors
Corporation, during a meeting in the Great Hall of the People in Beijing,
capital of China, May 16, 2005. (Xinhua
photo) |
 |
| Chinese President Hu Jintao (R) shakes
hands with John Menzer, president and CEO of Wal-Mart International,
during a meeting in the Great Hall of the People in Beijing, capital of
China, May 16, 2005. (Xinhua photo) |
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| Chinese President Hu Jintao (R) shakes
hands with Charles Prince, CEO of Citigroup Inc., during a meeting in the
Great Hall of the People in Beijing, capital of China, May 16, 2005.
(Xinhua photo) |
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| Chinese President Hu Jintao (R) shakes
hands with Luc Vandevelde, president of Carrefour Supervisory Board,
during a meeting in the Great Hall of the People in Beijing, capital of
China, May 16, 2005. (Xinhua
photo) |
BEIJING, May 16 (Xinhuanet) -- Chinese President Hu Jintao Monday said China will firmly take an opening-up policy to have great erinvolvement in international cooperation and competition and to create better conditions for foreign investors.
"China has maintained rapid economic development, and this helps
improve the people's living standard and social construction and also promotes
economic and technological cooperation between China and other countries," he
said.
During a meeting with some participants of the 2005 Fortune Global
Forum, Hu expressed gratitude for the contribution of the entrepreneurs in
China's economic and social development, as well as their concern for China's
reform and modernization drive.
He said it is the third time for China to host the Fortune Global
Forum, following the Shanghai forum in 1999 and Hong Kong forum in 2001. The
theme of "China and New Asian Century" demonstrates international business has
paid much attention to the economic development of China and Asia, and also
shows China is open to world economic cooperation.
Hu said the Fortune Global Forum provides an important platform for
the world business circles to participate in the economic development of China
and Asia, and he hoped the participants could explore a way of cooperation
through the forum and score common interests on an equal footing.
Leaders of 77 enterprises of the top 500 world enterprises, including
GE, Shell, Sony, and BMW, attended the meeting. Entrepreneurs from Hong Kong,
Macao and Taiwan also attended the meeting.
Richard Parsons, chief executive officer and chairman of the board of
the Time-Warner Group of the United States, said the presence of the
entrepreneurs shows China's dynamic economy and its important role in the global
economy.
He said he is expected to discuss great changes happening in China
and the way to build up relations with China. "We are happy to choose Beijing as
the venue for the forum, and we will make it become a focal point of the world
business circle," he said. The Fortune Global Forum 2005 is held from May 16 to
18. Over800 delegates from around the world are attending the event.
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