In early summer, the world's attention is focused on Beijing once again. At the night of May 16, the thematic speech delivered by Chinese President Hu Jintao at the opening ceremony of the Fortune Global Forum won the lasting and warm applauses from the attendance. The Fortune Global Forum, known as "the clearest and most direct window for grasping the international economy", has chosen China for the third time.

Nobody will ignore the development of China's economy and no one can keep out the enticement of the Chinese market.

Nearly 80 of the top 500 enterprises in the world attended the Fortune Global Forum, which fully embodies that the leaders from the global industrial and commercial circles have more feelings towards China. There is a famous saying in the global economical circles nowadays: "Refusing China is to refuse wealth. According to statistics, more than 400 of the top 500 enterprises of the world have taken root in China. The globally top ranking automobile giants and nearly all of the top 100 IT enterprises come to China to settle down.

As "the most attractive investment place in the world" and "an important link of the industrial chain of transnational corporations", China has actively encouraged transnational corporations to come here for investment, especially the hi-tech and high added value industries." The "overflowing effect" of transnational corporations has strongly promoted the new-type industrialization and sustainable development of China. The investment environment is becoming more perfect all over China, which strengthens the investment confidence of the giants even more.

People have noticed the theme of this Fortune Global Forum is either related to China or to the world and all the topics related to the world have been given "the Chinese element". This indicates again the world is indispensable to the development of China and China is indispensable to the development of the world too and the internationalization of China's economy is forming benign interaction and mutual benefit with the economic globalization. The more prosperous and more opening China will not merely bring benefits to its people, but also a great number of business opportunities to the various countries all over the world too.

Last year, the total retail sales of Chinese social consumer goods was over 5,000 billion yuan or 640.6 billion US dollars. China becomes the third largest automobile consumer market, the first largest mobile communications market and the second largest Internet market in the world, hopefully rising to become the biggest country for attracting foreign tourists in the world. By 2010, there will be 100 million families with medium-sized purchasing power in China. The vigorous domestic demand has boosted imports powerfully. According to the World Trade Organization statistics, China's contribution to the world trade growth accounted for more than 12 per cent, becoming the third major importer in the world, accounting for about 10 per cent of the whole world import increment and more than 1/5 of the total amount of Asian imports.

Starting from 2004, China has expected to import the goods valued at about 1,000 billion US dollars every two years. On the other hand, more domestic enterprises "walk out", and seek common development with local enterprises. The accumulated foreign direct investment made by China has approached to 37 billion US dollars. China's economy begins to add lustre to the international economy on the larger scope in the deep development of the economic globalization with the rapidly changing scientific and technological progresses.

Let's solve the difficult problem of development and realize the dream of wealth altogether. This is a promise of China, and also the hope of the enterprises including the top 500 enterprises of the world. Beijing will never be the last stop of the Fortune Global Forum's China journey.

Article carried on People's Daily Overseas Edition, May 17, and translated by People's Daily Online