Speech by Ambassador Yu Hong at the 69th National Day Reception
Rt.Hon. Mr. Nanda Bahadur Pun, Vice President of Nepal and Mrs Hastamali Pun,
Rt. Hon. Mr. Krishna Bahadur Mahara, Speaker of the House of Representatives of Nepal,
Hon. Mr. Ishwor Pokharel, Acting Prime Minister and Defense Minister of Nepal,
Hon. Mr. Upendra Yadav, Deputy Prime Minister and Health and Population Minister of Nepal,
Hon. Ministers, Party Leaders, Parliament Members, Secretaries, Excellency Ambassadors,
Ladies and Gentlemen, Dear Friends,
Today, we have the pleasure to gather together to celebrate the 69th anniversary of the founding of the People’s Republic of China. Taking this opportunity, on behalf of the Chinese Embassy in Nepal, I extend my sincere appreciation to all the Nepali friends who support the development of China and dedicate to China-Nepal friendly cooperation for all the long time. I also would like to express my heartfelt gratitude to the Chinese companies, medical team, cultural and media organization in Nepal for their long-term efforts to promote China-Nepal friendly cooperation and invaluable support for the Embassy.
In the past 69 years, under the strong leadership of the Communist Party of China, the Chinese people have forged ahead in unity and with fortitude, and achieved momentous success in socialist revolution, development and reform. We have embarked on a development path toward the modernization of an ancient civilization. In the past 40 years of reform and opening up, China’s economy has grown at an average annual rate of 9.5%, which has made China develop from a low-income country to an upper-middle income country. China has built the world’s largest social security network with a basic pension insurance system covering more than 900 million people and basic health insurance system covering 1.3 billion people respectively. Through 40 years of economic development, China has lifted 700 million people out of absolute poverty, accounting for more than 70% of the world’s total poverty reduction in the same period. China has contributed more than 30% of the global economic growth for many years and has become an important power house for global economy development. Under the tide of globalization, the development of any country goes beyond its own business. China’s development is benefited from globalization and benefits the whole world in turn.
In the first half of this year, China’s economy grows by 6.8%, and continues its overall stable performance with good momentum. However, China is still faced with serious challenges of development. China’s per capita GDP ranks 71st in the world. China has more than 30 million people living in poverty, more than 80 million disabled people, and we need create new jobs for 15 million people every year. China will continue focusing on development, people’s livelihood and reform. China will work even harder to advance reform and opening up, adjust the economic structure, raise the quality of made-in-China goods and service, move its industries to a medium-high end.
This year marks the 5th anniversary of the Belt and Road Initiative. BRI practice has shown that the Belt and Road Initiative is to facilitate win-win cooperation for promoting common development and achieving common prosperity. It injects new momentum into the common development of the global economy. China has successfully hosted the Boao Forum for Asia 2018 Conference, Shanghai Cooperation Organization Qingdao Summit and the China-Africa Cooperation Forum Beijing Summit this year. China will firmly uphold multilateral trade system, continue promoting new type of international relations and a community with a shared future for mankind, and promote the cause of human progress.
Since the establishment of diplomatic ties 63 years ago, China-Nepal relations have been keeping healthy development under the principle of equality, mutual benefit and mutual respect. China supports and fully participates in Nepal’s economic and social development. China is Nepal’s important development partner in the areas such as infrastructure, power development, communication optic cable, agriculture and technology, education and culture, tourism and aviation, capacity building, health, people’s livelihood, disaster prevention and mitigation, and cultural heritage renovation. The projects cover all seven provinces.
Since the beginning of this year, the cooperation between the two countries has been further strengthened with the joint efforts of both sides. The two countries keep frequent exchanges of high-level visits. Vice President, Prime Minister, Speaker, Foreign Minister and other ministers and Party delegations from Nepal visited China. The two countries have made fruitful cooperation achievements in various fields. Particularly, Nepal Prime Minister K.P. Oli made a successful official visit to China last June. The two sides will strengthen cooperation under the Belt and Road Initiative and build the trans-Himalayan Multi-Dimensional Connectivity Network. The two sides signed a number of cooperation agreements including the Economic and Technical Cooperation Agreement. Last month, the two side reached consensus on the Protocol of Transit Transport Agreement. Not long ago, we welcomed with pleasure two pairs of Rhinoceros gifted to China by the government of Nepal and people of Nepal. They are envoys of friendship from Nepal. I strongly believe that China-Nepal relations and cooperation will reach a new height with joint efforts of both sides. May China enjoy prosperity and the Chinese people enjoy happiness, well-being! May China-Nepal friendship last forever!