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Chinese president addresses UN General Assembly

  • Source: Xinhua
  • [15:46 September 24 2009]
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Third, members of the international community should pursue cooperation with a more open mind and work for mutual benefit and common progress.

Hu said climate change, food security, energy and resource security and public health security are all global challenges and no country is immune from them.

"The only way for us to meet these challenges and ensure harmony and peace is to engage in closer international cooperation," said Hu.

Fourth, the international community should be more tolerant to one another and live together in harmony.

Countries should acknowledge differences in cultural tradition, social system and values and respect the right of all countries to independently choose their development paths, added Hu.

President Hu also pledged to further assist the development of other developing countries when addressing the UN General Assembly.

"As a responsible and major developing country, China has always made common development an important aspect of its foreign policy," Hu said in his speech.

"We have made great efforts to provide support and assistance to other developing countries, and fulfilled our commitment under the UN Millennium Declaration," he said.

To further assist other developing countries, the Chinese president said, China will increase support for those hit hard by the global financial crisis, earnestly implement relevant capital increase and financing plans, intensify trade and investment cooperation and help raise their capacity for risk-resistance and sustainable development.

"China will continue to implement the measures announced at the UN High-level Event on Millennium Development Goals (MDGs) to assist other developing countries in speeding up development and facilitate the attainment of the MDGs," he added.

Hu also promised China's efforts to promote regional monetary and financial cooperation, maintain financial and economic stability and push forward financial cooperation and trade in the region.

Hu noted that since the outbreak of the global financial crisis, China has kept its currency's exchange rate basically stable, which helps maintain healthy international trade.

China has taken an active part in the trade finance program of the International Finance Corporation and provided financing support to the International Monetary Fund, which will be mainly used to help developing countries, Hu said.

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