Chinese president confident in Asia´s future

Chinese President Hu Jintao Saturday expressed "much confidence about Asia's future" in his keynote speech at the opening session of the Boao Forum for Asia (BFA) 2004 Annual Conference.

He said that in the past few years, with the support of the fellow Asian countries and the larger international community, the BFA has developed steadily, playing an increasingly prominent role in regional cooperation and demonstrating to the rest of the world the fervent desire of the Asian people for a win-win scenario through closer cooperation.

Coming into the 21st century, the international situation has continued to undergo profound and complicated changes. World multipolarization and economic globalization are progressing amid twists and turns. Science and technology are advancing with each passing day.

"We have before us both development opportunities that we must seize and grave challenges that we must deal with," he said.

Despite the widespread conflicts and clashes of interest and increasing numbers of factors of uncertainty and instability, peace and development remain the overriding themes of the times. The world needs peace, countries desire development and people want cooperation. This has become an irresistible trend of history.

"We are glad to see that Asia has, on the whole, enjoyed stability, with peace, development and cooperation becoming the mainstream of an advancing Asia. With concerted efforts, Asian countries have freed themselves from the shadow of the financial crisis, overcome the impact of SARS and bird flu, succeeded in domestic economic restructuring, and quickened the tempo of industrial upgrading and transformation, promoted a robust regional cooperation, and increased the capacity to tide over potential risks. Asia retains its position as one of the world's most dynamic regions and a key growth point in global trade."

"All this gives us much confidence about Asia's future," he said.