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Archives of Peking University News - PKU English - 北京大学

Archives of Peking University News - PKU English - 北京大学

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<strong>北京大学</strong>英语新闻网/<strong>Peking</strong> <strong>University</strong> <strong>News</strong><br />

Boateng Mp estimates that China will show its capacity in the integration into the<br />

world economy and will probably become the largest economic body and the most<br />

advanced civilization. He mentions that former Chinese leader Deng Xiaoping has<br />

said that reform is the second revolution in China, which he has to agree with.<br />

This year, China has joined in the G7 Presidency Meeting in Washington, he says,<br />

and he is happy to see that China is going to continue its dialogue with G7 countries<br />

next year in UK. He expresses that the G7 countries look high on China because<br />

China‘s GDP growth contribution to the world economy is greater than even those<br />

the seven countries‘ are put together. UK regards China as an important partner in<br />

economy, science and academic fields. The economic relationship with China is now<br />

one <strong>of</strong> the key themes in the UK Parliament and will still be holding its position in the<br />

year 2005.<br />

Apart from the world cooperation, there are still bundles <strong>of</strong> problems and challenges<br />

we have to face. Poverty remains the principal obstacle to the world development.<br />

He lists that there are over 1 billion people living with less that 1 dollar a day and over<br />

half a billion with less that 2 dollars; there are 100 million children who do not go to<br />

school and 700 million preventable death every year because <strong>of</strong> ordinary diseases.<br />

The whole prospect is not optimistic. And problems are arising in developing<br />

countries outside east Asia—instability, regime pulling upon its people, etc.<br />

The Sino-African cooperation is a good example for the world to follow in conquering<br />

the economic challenges above. His Excellency pays high appraise on the<br />

successful cooperation among developing countries and expresses that the British<br />

government and the Prime Minister Tony Blair has made a plan in British-African<br />

economic cooperation.<br />

After the speech, Rt Hon Paul Boateng MP happily answers questions from the<br />

audience.<br />

Asked about the issue <strong>of</strong> Britain entering the Euro area, he says that the decision<br />

requires a lot <strong>of</strong> careful consideration. UK is now enjoying a high growth in 49<br />

production sectors, exceeding all other G7 countries. Whether to enter the Euro area<br />

or not, it must be made sure that UK can continue to grow employment and its<br />

financial sector continue to prosper. Also, the British people have the final say on the<br />

issue, which means the whole process involves ―recommendation plus a<br />

referendum‖.<br />

When asked about when the British government will acknowledge China‘s market<br />

economy status, he replies that UK strongly supports the process taking place within<br />

the European Union and UK is sympathetic to the position China is holding.<br />

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