best to help them. the apec business travel card scheme， which is well received in the business communities， shows what apec can accomplish if it really wants to be of help. the chinese government will formally implement this scheme this coming november. we have also adopted a series of trade facilitation measures in customs clearance， inspection and quarantine designed to cut down cost for businesses. apec should also reach out to the people in our region and conduct more activities that deliver real benefit to as many of them as possible.
distinguished colleagues，
although the sudden onslaught of sars this year had a negative impact onchina's economy， with hard and persistent efforts， we have moved quickly to get the outbreak under control and sustained the sound growth momentum. we are confident that， on balance， our targets for economic and social development this year will be met. china's development will generate new opportunities for economic growth in the asia-pacific region and the whole world. it will offer still broader market for other countries. we will continue to strengthen our friendship and cooperation with other countries and work for peace and development in the asia-pacific region and the world at large. chinawill forever be a force dedicated to world peace and common development.
as a powerful bond that brings the two sides of thepacific oceantogether， apec provides its members with an important stage for cooperation. let us
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