China Needs the World,and the World Needs China——Mr.Li Lanqing on China's economic opening to the outside world

Mr. Li Lanqing, Vice Premier of the State Council, expounded on China's economy heading towards the 21st century,at the 32nd ICC World Congress. He said: China is greeting the 19th year of its reform and opening to the outside world. In the past 18 years, especially in the 1990s,China's economy, as an integral part of the world economy, has assumed three interrelated new features, under the circumstances of speeding up the development, deepening the reform, and expanding the opening. 1. Lasting trend for sustained and rapid economic growth. China has 1.2 billion people with everrising income and consumption levels and huge market demand, and the Chinese people have the habit of saving. So there are large amounts of bank deposits to support