1、Highlights of Premier Li Keqiangs Speech At the Opening Plenary of the Boao Forum For Asia Annual How to secure Asias economic development While things may not look good， we must not lose confidence. The community that we are committed to building is one of development and cooperation. Asia is a maj
2、or force for world peace and development， as well as a major engine driving world economic growth. As long as Asian countries work together with firm commitment and unity， we will be able to get over difficulties and embrace an even brighter future. First， we need to jointly uphold peace and stabili
3、ty. Asias post-war development shows that at all development stages， we must stay committed to good-neighborliness and must never let the minor differences or disagreements between us stand in our way. Second， we need to jointly promote economic growth. It is our hope that countries around the world
4、 will join hands to deepen cooperation， form synergy， strengthen macro-policy coordination， oppose trade protectionism in all forms， adopt more growth-friendly policies， and try to avoid the spillover effect of policy adjustments in certain countries. China proposes the establishment of an Asian Fin
5、ancial Cooperation Association， and China stands ready to work with all parties to improve Asias financial market and prevent massive regional financial turbulence from happening again. Third， we need to jointly deepen integrated development. To achieve development and prosperity in Asia， we must ma
6、ke sure that no one is left behind. Fourth， we need to jointly uphold openness and inclusiveness. Being open and inclusive is the very basis of Asias culture and tradition. Fifth， we need to work jointly to trigger innovation. Innovation holds the key to development. To keep up the momentum of prosp
7、erity and development in Asia， we need to give full play to Asias unique advantageits abundant human resourcesand bring out the potential and creativity of its entire population. Asias new future relies on innova- tion and talented personnel. We need to improve education and training in Asia to buil
8、d a high-quality labor force， strengthen the talent pool and increase productivity. We need to step up investment in R&D， adopt new models of development， including the Internet Plus model， and build platforms for cooperation in order to develop innovation in the new economy as well as the shared ec
9、onomy. We may also conduct exchanges of talents. This way， hundreds of millions of our people， especially young people， will have the chance to engage in innovation and entrepreneurship， and have their ingenuity and creativity fully unleashed. How to look at the Chinese economy Chinas GDP last year
10、was 67.7 trillion yuan， or over $10 trillion. China is in the process of structural readjustment， though different regions and sectors in the country have varied goals. Last year， China grew by 6.9 percent， a bit slower than in the past， but still one of the fastest among the major economies. It was
11、 achieved on the basis of the huge size of the economy which is currently in the process of transformation. When we look at the Chinese economy， we should first of all look at its overall performance. Since the beginning of this year， the Chinese economy has on the whole performed with stability and
12、 has seen new and positive changes. Second， we need to look at the overall trend in the economy. The employment situation in the first two months of the year has basically remained resilient. Third， we need to look at the economys prospects in the long run. China has become the worlds second largest
13、 economy， but its per-capita GDP hasnt caught up. There is both a gap to fill and potential to tap. Overall， the Chinese economy promises are more hope than difficulties. We will expand aggregate demand as appropriate， and at the same time press ahead with structural reformsupply-side structural reform in particular.
