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COMPETITION IN GLOBAL MARKETS WHICH RESPOND INSTANTANEOUSLY TO
EVENTS THROUGH TELECOMMUNICATIONS. OUR PEOPLE BENEFIT THEY
HAVE NEW GOODS AND SERVICES TO OFFER AND TO BUY, NEW
OPPORTUNITIES TO LEARN AND TO TRAVEL. BUT THESE BENEFITS DO NOT
COME FREE. THEY HAVE TO BE PAID FOR BY HARD WORK, ATTENTION TO
QUALITY AND INTELLIGENT INVESTMENT.
7.
SELF-CONFIDENT ECONOMIES ARE GROWING ECONOMIES. THAT MEANS
THE OPEN FLOW OF GOODS AND SERVICES, IDEAS AND EXPERTISE. SO
NATIONAL ECONOMIES HAVE A CHOICE. THEY EITHER JOIN THIS EXCITING
REVOLUTION. OR THEY HIDE FROM IT, FRIGHTENED OF THE
IMPLICATIONS. WE KNOW FROM BITTER EXPERIENCE THAT A DOOR CLOSED
TO THE WORLD MERELY LOCKS IN THOSE BEHIND IT. WE ARE NOT GOING
TO DUCK THIS CHALLENGE. NOR, I AM SURE, IS CHINA.
8. BUT SUSTAINED GROWTH REQUIRES CONFIDENCE. AND IN TODAY'S
GLOBAL MARKETS THERE MUST BE WORLD-WIDE BUSINESS CONFIDENCE.
THIS IN TURN REQUIRES A STABLE AND POSITIVE INTERNATIONAL
POLITICAL ENVIRONMENT. LAST MONTH'S TOKYO SUMMIT REAFFIRMED THE
COMMITMENT OF THE MAJOR FREE ENTERPRISE COUNTRIES TO REVERSING
PROTECTIONISM: TO A STABLE AND CONSTRUCTIVE RELATIONSHIP BETWEEN
EAST AND WEST: AND TO STAMPING OUT TERRORISM, WHICH USES FREEDOM
TO UNDERMINE FREEDOM. BRITAIN AND CHINA WILL BENEFIT AS WILL
THE WORLD - IF THESE ESSENTIAL OBJECTIVES ARE ACHIEVED.
9. WHEN THE TIME COMES FOR YOU TO LEAVE ON THURSDAY I BELIEVE
THAT YOU WILL HAVE SEEN FOR YOURSELF THAT BRITAIN IS SOCIETY ON
THE MOVE: ONE ABANDONING WASTEFUL RIGIDITIES IN FAVOUR OF
INVENTIVENESS AND FLEXIBILITY. WE HAVE ALWAYS BEEN GOOD AT
WINNING NOBEL PRIZES NOW WE ARE TURNING PIONEERING IDEAS INTO
PROSPERITY AND A PROSPERITY THAT CAN BE SHARED. (EXAMPLES OF
UK EXPORTS TO CHINA WHICH EXEMPLIFY THIS, SUCH AS PILKINGTON
FLOAT GLASS GRATEFUL FOR SUGGESTIONS).
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10. I HAVE LUCKY ENOUGH TO VISIT CHINA THREE TIMES. I HAVE SEEN
THOSE QUALITIES THERE TOO. HISTORIC CHANGES ARE TAKING PLACE IN
YOUR COUNTRY. (APPROPRIATE QUOTATION/EXAMPLES: INTERNATIONAL
PRIZES FOR NEW CHINESE INVENTIONS?).
11.
AS POLITICAL LEADERS, WE COME FROM DIFFERENT CULTURES AND
TRADITIONS. BUT THEY HAVE LONG HAD PROFOUND EFFECTS ON EACH
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