Hu Jintao: to promote trade and investment liberalization

Chinese President Hu Jintao at the APEC (APEC) summit speech, proposed that the present Asia-Pacific trade protectionism "significantly enhanced."

Hu said that although currently the world economy is recovering, but still face greater uncertainty.

He said the Asia-Pacific economy has become a major force in the world economy, but also the Asia-Pacific region to achieve economic balance, inclusive and sustainable growth.

Hu said the Asia-Pacific region should continue to promote trade and investment liberalization and facilitation, accelerate the construction of regional economic integration.

He called on States to continue to promote the capital and commodities as well as the convenience of staff mobility in the region, "take concrete actions to oppose all forms of protectionism."

Hu also stressed that China itself is still a lot of difficulties, poverty eradication is still the country's main tasks.

Free trade zone

Some analysts believe that President Hu Jintao stressed that China's future economic development will remain focused in order to pacify the international community, especially the Japanese military expansion of China's national strength and concern.

In the following joint statement issued by the summit, the leaders of the participating countries pledged to promote the building of regional free trade zone.

With China, Japan, the United States and Russia, and Australia and other economic powers and resources to join the Asia-Pacific free trade zone in the world economy will no doubt play an important role.

At the same time, between China and the U.S. trade imbalance and exchange rate issues related to the dispute continues.

U.S. accuses China of holding down its currency, that the manufacturing trade advantage, and to China's huge trade surplus as its most powerful evidence.

The Chinese side insisted on the one hand the implementation of the RMB exchange rate reform should be gradual, the other hand, criticized the United States took the initiative to the latest economic stimulus to the world economy irresponsible.