李克强第八届夏季达沃斯论坛英语演讲稿.docx

1、李克强第八届夏季达沃斯论坛英语演讲稿李克强第八届夏季达沃斯论坛英语演讲稿creating new dynamism through reform and innovationaddress at the world economic forum2annual meeting of the new champions XXby premier3 li keqiang10 september XXdear professor klaus schwab, your excellencies heads of state and government, distinguished4 guests, l

2、adies and gentlemen, dear friends,it gives me great pleasure to meet you here in tianjin at the eighth annual meeting of the new champions, or the summer davos forum. on behalf of the chinese government, i wish to extend warm congratulations on the opening of the forum and a cordial welcome to all o

3、f you who have come from afar.the theme for this years forum, namely creating value through innovation, is a most relevant one. innovation is an eternal topic of the human society and an inexhaustible engine driving economic and social development. innovation is vital to the steady recovery of the w

4、orld economy. innovation is also essential to upgrading the chinese economy and improving its performance. and it is thanks to reform and innovation that the chinese economy has in recent years maintained steady and sound growth.the global economic environment has remained an intricate one since the

5、 beginning of this year. the road to recovery in developed countries has remained bumpy5. growth in emerging market economies has slowed down, and the chinese economy faces greater downward pressure. facing this challenging environment, we have continued to follow the general principle of making pro

6、gress while maintaining stability. we have stayed the course and pursued a proactive approach. instead of adopting strong economic stimulus6 or easingmonetary7 policy, we have vigorously promoted reform and economic readjustment, and made efforts to improve peoples lives. as a result, we have mainta

7、ined steady economic performance. in the first half of the year, the chinese economy registered apercent growth, and cpi rise was kept atpercent. despite economic slowdown, between january and august, the surveyed unemployment rate was kept at around 5 percent in 31 big and medium-sized cities. more

8、 thanmillion urban jobs were created, which is over one hundred thousand more compared with the same period last year.despite growing downward pressure on the economy, more jobs were created, thanks to new steps of reform taken. since the beginning of this government, we have advanced the reform of

9、the administrative8 review and approval system. government departments have removed or delegated to lower levels administrative approval on over 600 items, and this year, the business registration9 reform, among others, has been carried out nationwide. this has lowered the threshold for starting bus

10、inesses and removed restrictions10 on them, thus giving a great boost to business development in the whole country. between january and august, the amount of newly registered market entities11 was more than eight million, and from march to august, with the business registration reform, the number of

11、 newly registered businesses grew by 61 percent over the previous year, all pointing to a massive upsurge which has generated more than 10 million jobs. in addition to reforming the business registration system, we have also introduced reforms to investment financing, taxation12 and logistics system

12、s, and further opened the gate for the development of the service sector13 and other emerging industries. all these measures have been vital in fostering and increasing job opportunities.the positive changes in chinas economy are not only reflected in the increase of jobs and residents incomes, but

13、also in the structural14 upgrading. we have streamlined administration, delegated powers to the lower levels, and adopted fiscal16, taxation and financial measures such as targeted tax reduction and targeted reduction of required bank reserve ratio. all these measures have spurred the growth of the

14、service sector, agriculture, rural area and the welfare of farmers, as well as small and micro-businesses, private businesses and emerging industries. in the first half of the year, new businesses and new business models such as logistics, express delivery and e-commerce all developed fast. the numb

15、er of newly registered service businesses surged by more than 70 percent. the tertiary industry continued to outperform the secondary industry in terms of growth rate and share of gdp, and is a leading sector of the economy. the share of private investment in fixed17 asset investment increased byper

16、centage points year on year. high-tech18 industries and equipment manufacturing grew faster than the industrial average.deepening structural readjustment has improved the quality of economic growth. on the basis of carrying out reform and innovation, we have reduced overcapacity, eliminatingoutdated

17、19 capacity in particular, and fostered new growth areas. in the first half of the year, the growth of investment and production of industries with high energy consumption and emissions21 noticeably slowed down. the per unit gdp energy consumption dropped bypercent year on year, and carbon intensity

18、22 was cut by about 5 percent, the largest drop in many years.we have managed to ensure steady growth and improve the quality of the chinese economy by taking targeted, range-based macro-control measures. with focus on key areas and weak links of chinas economic and social development, we have used

19、more reform and innovation measures to incentivize market entities, strengthen weak links, boost the real economy and ensure that our efforts are well-targeted. this approach, which was also structural adjustment in nature, involved both reform and readjustments. we have strived to remove market obs

20、tacles and make the market play a decisive role in resources allocation. we have also endeavored to improve the role of the government and promote social equity23. we have worked actively24 to balance domestic and international demands,coordinate25 regional development, narrow the gap between rural

21、and urban areas andstabilize26 agricultural supply and demand. we have strengthened the construction of railways in central and western china, the renovation27 of rundown areas, as well as pollution control and prevention and other livelihood28 and development projects. we have actively tackled the

22、bottlenecks29 that have long constrained30 chinas balanced development. all of these have vigorously supported the process toward a new type of industrialization and effectively increased the supply of public goods.facing the new normal state of the global and the chinese economy, we have remained l

23、evel-headed and taken steps to tackle deep-seated challenges. we focused more on structural readjustment and other long-term problems, and refrained from being distracted by the slight short-term fluctuations31 of individual indicators32. in july and august, electricity consumption, freight volume a

24、nd other indicators fluctuated somewhat. that was inevitable33 and within our expectation. it was because the domestic and international economic situation was still complex and volatile34 and base figures for the second half of last year were relatively35 high. when observing the chinese economy, o

25、ne should not just focus on its short-term performance or the performance of a particular sector. rather, one should look at the overall trend, the bigger picture and the total score. judging by the principle of range-based macro-control, we believe the actual economic growth rate is within the prop

26、er range, even if it might be slightly higher or lower than thepercent target. in particular, we should realize that an important goal of maintaining stable growth is to ensure employment, and the floor of the proper range is to ensure relatively adequate employment. as the economic aggregate36conti

27、nues to expand, and in particular, as the service sector develops rapidly, growth will mean more jobs and there will be greater tolerance37 to fluctuations. we should also be clear that chinas economy is highly resilient and has much potential and ample space to grow, and we have a full range of too

28、ls of macro-control at our disposal. the measures we have taken are good both for now and for longer-term interests, and will therefore enable us to prevent major fluctuations and make a hard landing even less possible. however, this is not denying that our development faces difficulties and challen

29、ges. on the contrary, we are indeed confronted with enormous difficulties and challenges.in the four months ahead, we will coordinate the efforts to stabilize growth, promote reform, readjust the structure, improve peoples livelihoods38 and prevent risks. we will continue to improve and innovate39 i

30、n the thinking and approaches of macro-control, strengthen targeted macro-control on the basis of range-based macro-control, promote structural reform and readjustments, carry out reforms in key areas of systemic importance with every determination to forge ahead and focus on addressing long-term pr

31、oblems. first, we will continue to press ahead with revolutionizing the government itself and further intensify40 efforts to streamline15 administration and delegate powers. we will deepen fiscal and taxation reform, promote reform of the budgetary management system so as to use public funds in an e

32、quitable41 and effective way, and continue to expand the pilot programs for business tax to vat1 reform which isconducive42 to the development of the service sector, particularly the r&d companies. we will deepen financial reform, promote the pilot programs for non-state owned banks, sort out and st

33、andardize43 the limit requirements on access to the financial sector and develop a multi-tiered capital market. we will deepen the reform of state-owned enterprises. we will deepen price reform and improve the pricing mechanisms44 for energy products, medicine and medical services. we will deepen reform of the investme