Chinese President Xi Jinping conducts written interview with Reuters.docx
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Chinese President Xi Jinping conducts written interview with Reuters.docx
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ChinesePresidentXiJinpingconductswritteninterviewwithReuters
ChinesePresidentXiJinpingconductswritteninterviewwithReuters
BEIJING,Oct.18(Xinhua)--ChinesePresidentXiJinpingconductedawritteninterviewwithReutersonSunday,inadvanceofhisstatevisittoBritain.Followingisthefulltext:
1.YouwillsoonpayastatevisittotheUK.ItislearnedthatboththeroyalfamilyandthegovernmentoftheUKattachgreatimportancetoyourvisitandaremakingmeticulouspreparationsforit.YouvisitedtheUKinthe1990sandwhatwasyourimpressionthen?
WhatdoyouexpectfromyourcomingvisittotheUKaftermorethan20years?
WhatwillbeitsimpactonChina-UKrelationsandChina-EUrelations?
SomeBritonsfearChina'sintentionsandbelievethattheBritishgovernmentistooeagertopleaseChina.HowdoyouensurethatChina-UKrelationshipismutuallybeneficial?
A:
IvisitedLondon,Oxford,GlasgowandEdinburghin1994.Iwasdeeplyimpressedbythevisit,particularlyBritain'slonghistory,uniqueculture,friendlypeopleanditsbeautifulenvironment.
DuringmyupcomingstatevisittotheUKattheinvitationofHerMajestyQueenElizabethII,IlookforwardtohavingdiscussionswithBritishleadersandengagingtheBritishpubliconourbilateralties.IhopethiswillchartthecourseforthefuturegrowthofChina-UKrelations,injectnewimpetusinpracticalcooperationbetweenourtwocountriesinallfieldsandenableustojointlyusherina"goldentime"forChina-UKcomprehensivestrategicpartnership.
PublicopinionsurveysconductedinBritainshowthatviewsofChinaarelargelyfavorableamongtheBritishpeople.Ourtwopeoplesappreciateeachother'stime-honoredanduniquecultures.Thisisanimportantfoundationandfavorableconditionforgrowingbilateralties.ItistruethatsomepeoplehavesomemisgivingsaboutChina-UKcooperation.WhatIwanttostressisthatintoday'sworld,nocountrycanaffordtopursuedevelopmentwithitsdoorclosed.Oneshouldopenthedoor,warmlywelcomefriendsandbehospitabletothem.Thisisrecognizedinternationalpractice.TheUKhasstatedthatitwillbetheWesterncountrythatismostopentoChina.ThisisavisionaryandstrategicchoicethatfullymeetsBritain'sownlong-terminterest.ChinalooksforwardtoengagingwiththeUKinawiderrange,atahigherlevelandingreaterdepth.
Inrecentyears,whileglobalgrowthhassloweddown,China-UKinvestmentandbusinesscooperationhaskeptgrowing.TheUKhasbecometheEU'ssecondlargestinvestorinChinaaswellasChina'ssecondlargesttradingpartnerandinvestmentdestinationintheEU.ChinahasbeentheUK'ssecondlargestnon-EUtradingpartner.In2014,China-UKtradevolumeforthefirsttimeexceeded80billionU.S.dollars,andChina'simportfromtheUKhasdoubledinfiveyears.Two-wayinvestmentbetweenChinaandtheUKhasgrownrapidly.China'sinvestmentintheUKhasrisenatanannualrateof71.7percentoverthepastthreeyears.Lastyear,theUKinvestmentinChinaincreasedby87.6percentyear-on-year,thefastestamongmajorEUcountries.
TheBritishgovernmenthasintroducedambitiousplansonupgradinginfrastructure,buildingtheNorthernPowerhouseinthenorthofEnglandandimplementingthestrategyofUKIndustry2050.Theseplansandthe"RoadandBeltInitiative"andtheinitiativesof"MadeinChina2025"and"InternetPlus"undertakenbyChinacomplementeachotherinmanyways.ChinaisreadytopartnerwiththeUKinthespiritofinclusiveness,openingupandseekingwin-winprogressthroughcooperationtoupgradeandexpandcooperationtodelivermorebenefitstoourtwopeoples.
ThisyearmarksthebeginningoftheseconddecadeoftheChina-UKcomprehensivestrategicpartnershipandthe40thanniversaryofChina-EUdiplomaticties.BothChina-UKrelationshipandChina-EUrelationshipfaceimportantopportunitiestobuildonpastsuccessfornewprogress.SincetheUKisanimportantmemberoftheEU,China-UKrelationshipandChina-EUrelationshipreinforceeachother.DuringmyvisittotheEUHeadquarterslastyear,EUleadersandIagreedtobuildChina-EUpartnershipofpeace,growth,reformandcivilization.IbelievenewprogressinChina-UKrelationshipwillinjectnewmomentumintothegrowthofChina-EUrelationshipacrosstheboardandmakenewcontributiontothebuildingofChina-EUpartnershipasawhole.
2.Londonisoneoftheworld'sfinancialcenters,andiskeentoplayanimportantroleinChina'sfinancialdevelopment,whetherbyservingasanoffshoretradinghubfortherenminbiorbypossiblyonedayhavingatradinglinkbetweenLondonandShanghaistockexchanges.WhatroledoyouenvisionLondonplayinginthemodernizationandglobalizationoftheChinesecurrencyandstockmarkets?
A:
ThereformandopeningupofChina'sfinancialsectorhasmaderemarkableprogresssinceChinaembarkedonthepathofreformandopeningup37yearsago.Thishasbeenespeciallyobviousinthepastseveralyears.Chinawillcontinuetoadoptmultiplemeasurestoadvancethereformandopeningupofitsfinancialsectorsothatitsfinancialmarketcanbetteradapttofinancialmodernizationandglobalization.
Asoneoftheglobalfinancialcenters,Londonisanimportantpumpstationintheworldeconomiclifeline,sotospeak.StrengthenedfinancialcooperationwithLondonisdefinitelyawin-winchoiceforbothcountries.China-UKfinancialcooperationstartedearly.Ithasenjoyedrapidgrowth,hastremendouspotentialandleadsChina-UKcooperationinvariousareas.Wehaveaccomplishedmuchinrecentyears.Ourtwocountriessignedthebilateralcurrencyswapagreement.ChinasetupanRMBclearingbankinLondon.TheUKbecamethefirstcountryoutsideAsiatoobtaintheRQFIIinitialinvestmentquota,thefirstWesterncountrytoissueRMB-denominatedsovereignbondandthefirstmajordevelopedcountrytoincludeRMBintoitsforeignexchangereserves.Thisisahighlightinourbilateralcooperation.
Backin2012,LondonofficiallylaunchedtheplanofCenterofRMBBusiness.LondonhassincethenbecomeoneofthemostdynamicandmostimportantRMBtradingcentersandoffshoreRMBmarkets.In2014,RMBtradinginLondongrewby143percentyear-on-yearanditsRMBdepositsreached20billionyuan,ayear-on-yearincreaseof37percent.
Whenconditionsareinplace,Chinaisreadytoconsiderstrengtheningtheconnectivityofthefinancialmarketsofthetwocountries.LondoncanleverageitsuniquestrengthsinthefinancialfieldtogetactivelyinvolvedinthemodernizationandglobalizationofChina'sfinancialmarket.(more)
3.ChinesecompaniesareexpectedtotakeastakeinthenuclearpowerplantinsouthwestEngland.ThisisinlinewithplansannouncedbyyourgovernmentearlierthisyeartohelpChinesefirmsinareassuchashigh-speedrailandnuclearpowertoexpandoverseas.WhatroledoyouhopetoseeChinesecompaniesplayingintheglobalmarketsoverthenextdecade?
DoyouthinkthatoppositioncouldderailChina'sparticipationinsuchprojectsoverseas?
Willsuchoppositionleadtofreshtradefrictions?
Issuchstate-subsidized,state-directedexpansionofChineseindustryabroadfairtoothermarketplayersandinlinewithChina'sprofesseddesireforamoremarket-driveneconomy?
A:
Chinaisintensifyingitsreformandopening-updrive,whichmeansbothopeningupitseconomyfurthertoattractforeigninvestmentandencourageChinesefirmstomakeoverseasinvestment.Thisisnaturalwhenacountryreachesaparticularstageofdevelopmentandwhenacompanygrowsbigger,andthisiswhatallbigcompaniesintheworldaredoing.
Havingbenefitedfromtheworldeconomy,Chinesecompaniesshouldcontributetheirsharetoworldeconomicdevelopment.Chinahasgrownintoaglobalmanufacturingpower,withparticularstrengthsatthemiddlerungoftheglobalindustrialchain.ManyChineseindustrialsectorsandequipmentmakingcapacity,includingthebuildingofhigh-speedrailwayandnuclearpowerstationsaswellasautomobilesmaking,areadvancedandcompetitiveinternationally,andmeetthedemandandabsorbingcapacityofmanycountries.ChinaisreadytopursuecooperationofvariousformswiththeUKandothercountriesininternationalproductioncapacityandequipmentmanufacturingtosynergizeourrespectivestrengthsandpromoteeachother'sdevelopment.TheHinkleyPointistheproductoftripartitecooperationamongChina,theUKandFrance.IhopethatthecompaniesofthethreecountrieswillfullyleveragetheirrespectivestrengthstoensurethesuccessfullaunchofthisprojectanddeliverbenefitstotheBritishpeople.
Itisnormalforacompanytoencountervariousproblemswhenmakinginvestment,whetherdomesticallyoroverseas.Whendoingbusiness,oneshouldfocusonbusiness.Problemsthatoccurinbusinessoperationsshouldnotbepoliticized,andChinesecompaniesshouldnotbeviewedwithbias.Competitionisnecessaryforabusinesstogrow,andnoonewillgiveawayamarkettoitsrivals.Wehopethatsuchcompetitionisbenignandmarket-based.Thereshouldbenoswingdoorsorglassdoorswhichareplacedasnon-economicornon-market-basedbarriers.Unlikeestablishedmultinationalcompanies,Chinesecompaniesstilllackexperienceinmakinginvestmentoverseas.Theyneedtobetteradapttolocallawsandregulations,technologicalstandards,marketing,humanresourcesmanagementrules,localcultures,etc.Chinesecompanieswilllearnalotandemergesuccessfulinfierceinternationalcompetition.
TheChinesegovernmentsupportsChinesecompaniesingoingglobal.Butwebelievethatthisprocessshouldbemarket-orientedwithcompaniesbeingthemaindriver.TheroleoftheChinesegovernmenti
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