's beautiful Northern. First of all, on behalf of the

's beautiful Northern. First of all, on behalf of the warmly congratulated the Chinese government on the successful holding of this forum! St. Petersburg International Economic Forum was founded 16 years ago, the international influence of the growing and has become an important platform for the international community to the world economic and financial situation and major issues such as exchange, to unite the consensus of all parties, to promote international cooperation has played an important role. This forum is to "effective leadership" as the theme, the post-crisis era to promote world economic recovery and other issues around the conduct extensive exchanges, depth and meaningful. The world today is undergoing great changes and adjustment period, the international economic situation is undergoing profound and complicated changes. Further demonstrated the profound impact of the international financial crisis, the European sovereign debt crisis continues, the increased volatility of international financial markets, emerging markets and developing countries face the dual pressures of inflation and weakening external demand, a significant decline in the growth of international trade and various forms of trade increased significantly, and investment protectionism to achieve world economic recovery will continue to be a long and difficult and tortuous process. With the in-depth development of economic globalization, the interdependence between nations is deepening, is the formation of a prosperity, a community of interests, loss for both sides. Both developed and emerging market countries, whether big or small country, only to build consensus and strengthen cooperation, jointly cope with, to assume due responsibilities and obligations in order to turn challenges into opportunities, to push the world economy to achieve strong, sustainable and balanced growth. China is willing to actively participate in the discussion and resolution of major issues in world economic development, a deal with the challenges and common development with other countries. Here, I would like to put forward three suggestions. First, vigorously promote an open and mutually beneficial cooperation. States should adhere to the open development, and promote each other, learn from each other in the open. Continue to strengthen macroeconomic policy coordination, deepen international economic cooperation and trade, promote global trade liberalization and investment facilitation, and resolutely oppose and jointly resist protectionism in all forms, to promote the multilateral trading system to establish balance, universal benefit and win-win. Second, deepen regional economic cooperation. Continue to promote regional, sub-regional economic cooperation and free trade zones, to a variety of ways and means to promote regional economic integration process, the joint development of all countries. In September this year, Russia will host the Asia-Pacific Economic Cooperation (APEC) Leaders' Informal Meeting. China will fully support and cooperate with Russia to run the summit, I believe this summit will further promote the development of economic integration in the Asia-Pacific region. Third, we continue to improve global economic governance mechanisms. The new global economic governance should reflect the world economic pattern, mutual respect, the principle of collective decision-making, increase the representation and voice of emerging markets and developing countries. Support and promote the Group of Twenty to play a greater role in global economic governance, to implement the positive results achieved by the Los Cabos summit to promote the development of the international economic order more fair and reasonable direction. Ladies and gentlemen, friends! The face of complicated international economic situation and the arduous domestic reform, development and stability tasks that China will adhere to scientific development, in order to speed up the transformation of economic development as the main line, the implementation of proactive fiscal policy and prudent monetary policy, and effectively protect and improving people's livelihood, this year, a quarter of gross domestic product (GDP) grew 8.1 percent, the consumer price level rose by 3.8 percent, continued to maintain a stable and rapid economic development. At the same time, the development of unbalanced, uncoordinated and unsustainable issues are still outstanding and still more, the factors constraining economic development. China will firmly grasp the general tone while maintaining stability, and continue to promote long-term stable and rapid economic development and social harmony and stability. As a friendly neighbor and strategic cooperative partnership, China has always been concerned about and support for Russia's development and revitalization. We are pleased to see the face of the international financial crisis, the Russian government to act decisively to a series of practical and effective measures so that the economy is quickly restore and maintain steady growth. At present, Russia is to promote economic modernization, a more robust development momentum. China and Russia as world powers and the major emerging market countries, the two countries adhere to the path of development in line with national conditions and historical traditions, and strive to own affairs well, to maintain the good momentum of economic growth, which in itself is a major world economic recovery contribution. Each other depending on each other's development in China and Russia as an important opportunity for their own, are mutual development and prosperity, a strong Mutual understanding and compromise, both sides open and inclusive, the principle of win-win cooperation, give full play their respective advantages, and actively committed to strengthening economic and trade cooperation. The two sides have become each other's major trading partners, bilateral trade volume last year reached a record high of nearly $ 80 billion, are working hard to achieve 2015 $ 100,000,000,000, $ 200 billion trade target of 2020. Not long ago, President Vladimir Putin to China paid a state visit, President Hu Jintao and other Chinese leaders had a friendly meeting, and further promote pragmatic cooperation between the two countries in various fields. At this stage, the main task of the two sides in accordance with the important consensus reached by the two heads of state to actively promote the implementation of work, efforts to promote bilateral economic and trade cooperation level, a higher level, especially to promote the focus of investment, energy, science and technology, agriculture and agricultural processing cooperation and strategic cooperation projects to achieve new progress breakthroughs, to achieve the scale and quality of economic and trade cooperation to enhance synchronization. I believe that China and Russia to strengthen mutually beneficial cooperation will not only promote the development and revitalization of their respective countries, but also will promote world economic growth play an important role. I wish this forum a complete success! Thank you.