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Last updated at: (Beijing Time) Monday, July 07, 2003

China to Host World Economy Summit

China will hold a summit meeting on the world economy in the country's south coastal city of Zhuhai this November, official said Monday in Beijing.


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China will hold a summit meeting on the world economy in the country's south coastal city of Zhuhai this November, official said Monday.

The meeting, as part of activities on the world economy development declaration, will attract over ten Chinese ministers and about 1,000 presidents or vice-presidents of enterprises worldwide, said Wang Maolin, vice-chairman of the Law Committee of the National People's Congress and executive vice-chairman of the organizing committee.

The meeting, which will be held from Nov. 6 to Nov. 7, will issue the World Economic Development Declaration (Zhuhai Declaration), drafted and revised by Nobel Prize winners and Chinese economists.

A Guangdong, Hongkong and Macao investment promotion and tradefair will also be held, Wang said.

The Zhuhai Declaration stressed the interdependence of world economies, the important role of science and technology and sustainable development, said Xu Kuangdi, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference.

"That will serve to promote the cooperation and development of all world economies and to create a sound economic order featuringmutual trust, mutual benefit, interaction and mutual assistance," Xu said.


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