February 20, Chinese Vice President Xi Jinping, China – Ireland’s trade and investment forum in Dublin to attend and deliver speeches. Xinhua News Agency reporters Xie Huan and Chi She

On the 20th in Dublin, Dublin, February 20 in Ireland Vice President Xi Jinping to attend the trade and investment forum in China – Ireland and speech. Speech by the following:

Speech on the economic, trade and investment forum in China – Ireland

(February 20, 2012, Dublin)

PRC Vice President Xi Jinping

Dear Kenny Prime Minister

Dear Ryan, CEO, Chairman Wan Jifei

All entrepreneurs and friends,

Ladies and Gentlemen:

Today, I am pleased to have the opportunity to love between the two business friends have gathered in Dublin, to jointly discuss bilateral economic and trade cooperation and development plans. I would like to take this opportunity to commend it to all entrepreneurs and friends, and people from all walks of life a long time to make a positive contribution in promoting friendly and cooperative express my heartfelt thanks and best wishes!

Ireland known as the Emerald of the Atlantic Ocean. Beautiful and unique natural scenery, a long and rich history and culture, gave the Chinese people left a beautiful and deep impression. Over the years, the love between the two countries insist on equal treatment, mutual trust and benefit, to establish a model of inter-State relations. In recent years, the increasingly close high-level exchanges and mutual understanding has deepened, become more active non-governmental exchanges, to deepen bilateral economic and trade cooperation has laid a solid political foundation for, and create a good social atmosphere.

We are pleased to see that the joint efforts of the two governments and the business community, love of bilateral economic and trade cooperation has maintained sound momentum of development. According to Chinese statistics, in 2011 bilateral trade volume reached $ 5.87 billion, an increase of 8.6 percent over the previous year. For five consecutive years China has become Ireland’s largest trading partner in Asia, the Irish trade with China for three consecutive years of surplus, favorable balance of 2011 more than 1.5 billion U.S. dollars. As of the end of 2011, the Irish investment projects in China has reached a total of 241, the actual investment of $ 641 million. Investment in the Irish late start, but the momentum of rapid development, the actual investment has reached $ 148 million. Expanding bilateral economic and trade cooperation, the two countries and two peoples tangible benefits, but also enhanced mutual exchanges, deepen mutual friendship.

Ladies and gentlemen!

China’s reform and opening up more than 30 years, sustained and rapid economic development continue to expand in breadth and depth of the economic, technological, and cultural exchanges and cooperation in the field with the rest of the world. In 2010, China’s GDP than in 1978 turned a four-fold more than accounted for the total world economy rose from 1.8% to 9.3%. In 2011, China’s GDP growth of 9.2 percent over the previous year. Especially since China’s accession to the WTO, from 2001 to 2010, average annual imports $ 750 billion for trade partners to create a large number of jobs and investment opportunities; cumulative export profits of foreign-invested enterprises in China reached $ 261.7 billion average annual increase of 30%. At the same time, China’s foreign direct investment, average annual growth rate of more than 40 percent, to $ 68.8 billion in 2010, ranking fifth in the world. In 2011, China’s exports grew by 20.3% while imports increased by 24.9%, the use of foreign direct investment of $ 116 billion. Chinese enterprises “going out” to further accelerate the pace of multilateral and bilateral economic and trade relations continue to deepen.

At present, China is actively implementing economic and social development from 2011 to 2015 the 12th Five-Year Plan. During this period, China will build long-term mechanism to expand domestic demand, and expanding the overall size of the domestic market. China will speed up technological progress and innovation, strengthen the protection of intellectual property, accelerate the application of high technology to transform and upgrade traditional industries, and strive to foster a strategic emerging industries. China will continue to focus on green development, energy conservation, tackling climate change, to accelerate the construction of resource-saving and environment-friendly society. China will increase security and improve people’s livelihood efforts to establish and improve the basic public service system, and promote coordinated economic and social development. China will adhere to the “introduction” and “going out” and further promote the balanced development of foreign trade. Expected to total retail sales of consumer goods in China in 2015 will reach 32 trillion yuan, or about $ 5 trillion U.S. dollars, the size of the domestic market will be largest in the world, the size of imports is expected to reach $ 8,000,000,000,000 cumulative foreign investment over five hundred billion U.S. dollars This will give companies around the world, including Ireland, the great business opportunities. Irish entrepreneurs known as diligent work, the courage to open up the reputation. I hope the entrepreneurs of both countries to seize the opportunity to deepen economic and trade cooperation a new bright spot as a focal point to promote the common development of the bilateral economic relations between the two countries. To this end, I propose to recommend the following five aspects.

First, the expansion of bilateral trade, promote the development of trade in services. “12th Five-Year” period, China to promote the services sector development as the industrial structure optimization and upgrading of strategic focus, will intensify its efforts to promote the services sector development speed, raise the proportion of the level of upgrade. Welcome to Irish entrepreneurs to participate will be held in May this year, the first China (Beijing) International Trade in Services Fair. Ireland has been the export as the engine of economic development, and service trade power. Love in the field of goods and services trade cooperation has broad prospects. Joint efforts to expand trade on the existing basis, and actively play a love of the economic and industrial complementary strengths to find a new meeting point for the service and trade cooperation, mining more targeted and complementary products and services, the full release development potential of bilateral trade.

Second, to increase mutual investment, broaden the field of investment cooperation. Two-way investment cooperation is conducive to promoting bilateral economic and structural adjustment, speed up industrial upgrading, increasing employment opportunities. The two government departments for the two countries to increase mutual investment should continue to provide support to help enterprises to broaden the field of investment, innovation and investment patterns. The Chinese government will continue to encourage competent Chinese enterprises to go to invest love, and also welcomes China to invest more Enterprise Ireland, shared economic prosperity and development opportunities. China will pay more attention to the protection of intellectual property rights, including Enterprise Ireland, including foreign and domestic investors continue to create a more open and transparent legal, policy environment, more efficient and convenient financing environment and market environment of fair competition. Welcomes Irish enterprises to participate in China’s economic restructuring and industrial upgrading, in particular, welcoming more Irish companies to the Midwest, Northeast and other old industrial bases invest.

Third, the development of high-tech, expand cooperation in new industries. Ireland has strong advantages of industrial clusters and conversion ability in software development, information and telecommunications, bio-pharmaceutical and other high-tech industries China is vigorously pushing forward industrial restructuring and the promotion of technological innovation, and give priority to the development of a new generation of IT and biotechnology, including high-tech industries, speed up building an innovative country. The high-tech and emerging industries to become the focus of love in the economic and trade cooperation. Entrepreneurs of both countries should seize the opportunity to expand high-tech and emerging industries, Creating a new advantage of mutually beneficial cooperation.

Fourth, to support small and medium-sized enterprises, to lay a solid basis of economic and trade relations. SMEs both between the two most active market players, the new force of economic and trade cooperation. Should give full play to bilateral many small and medium enterprises and their complementary strengths in technology, research and development, human resources, market and economic structure, and actively expand cooperation areas, upgrade the level of cooperation and promoting common development, to become a new bright spot of bilateral economic and trade cooperation. The two governments and relevant departments should actively build a platform for cooperation between the two countries SMEs to open up new avenues to promote SMEs to strengthen the establishment, development, international cooperation to create a better investment and business environment for SMEs, further improve the level of SME co-operation between the two countries and international competitiveness.

Fifth, make good use of cooperation mechanisms play a role as a bridge of the Association. To strengthen the bilateral economic and trade department in charge of communication and cooperation, give full play to the love of economic and trade committee role. Meanwhile, the Association of the two countries should continue to actively matchmaking, to provide support and assistance in all aspects of the project information exchange, the focus of project promotion, risk control, and promote domestic enterprises to participate in exhibitions, forums, training and other activities held in the other country for the two countries to conduct exchanges and cooperation to provide more effective service and more convenient environment.

Ladies and gentlemen!

The current international situation is undergoing profound and complicated changes, and further demonstrated the profound impact of the international financial crisis, difficult and tortuous process of world economic recovery, an urgent need for countries around the world to enhance mutual trust, strengthen cooperation and jointly cope with. China is a response to the crisis in European countries including Ireland, to achieve recovery can draw on a reliable friend, is a reliable partner in international and multilateral affairs. China will continue in a responsible manner, within the limits of the EU, IMF and European Central Bank in response to the efforts made ​​by the European debt problems, continue to strengthen communication and coordination with the EU policy to promote the China-EU economic and trade, investment and financial cooperation, participation and action in support of the international community in Europe and the euro area. We believe that European wisdom and capabilities, there are ways to overcome difficulties, to usher in a new development.

Chinese saying goes, is called: Pro Yuan Xian fish, it is better to settle for the net “. Ireland also has the proverb says: “Despite mulling thousands of Baidu, the better to personally come down to earth hoe. Trade and investment forum in China – Ireland, both the gathering of entrepreneurs of both countries, but also reflects the commercial and industrial sectors make concerted efforts between the two countries to seize opportunities, confidence and determination to face challenges. I am confident that as long as the love between the two governments and the business sector firm confidence to tackle tough to forge ahead, hand in hand, love in the bilateral economic and trade cooperation will be able to ride on the momentum, has much to offer to jointly create a brighter future!

Thank you!