By self-reliance we mean that a country should mainly rely on the strength and wisdom of its own people, control its own economic lifelines, make full use of its own resources, strive hard to increase food production and develop its national economy step by step and in a planned way. The policy of independence and self-reliance in no way means that it should be divorced from the actual conditions of a country; instead, it requires that distinction must be made between different circumstances, and that each country should work out its own way of practising self-reliance in the light of its specific conditions. At the present stage, a developing country that wants to develop its national economy must first of all keep its natural resources in its own hands and gradually shake off the control of foreign capital. In many developing countries, the production of raw materials accounts for a considerable proportion of the national economy.

History develops in struggle, and the world advances amidst turbulence. The imperialists, and the superpowers in particular, are beset with troubles and are on the decline. Countries want independence, nations want liberation and the people want revolution — this is the irresistible trend of history. We are convinced that, so long as the Third World countries and people strengthen their unity, ally themselves with all forces that can be allied with and persist in a protracted struggle, they are sure to win continuous new victories.

The two superpowers, the United States and the Soviet Union, are vainly seeking world hegemony. Each in its own way attempts to bring the developing countries of Asia, Africa and Latin America under its control and, at the same time, to bully the developed countries that are not their match in strength.

Hmm… listen, I have made mistakes — yes, sometimes serious ones. But I never made them with bad intentions; I always made them with good intentions. My conscience is clear about my own life. Hmm… listen, I think I could give myself fifty percent. Yes, fifty percent would be all right.

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The key to the four modernizations is the modernization of science and technology. Without modern science and technology, it is impossible to build modern agriculture, modern industry or modern national defence. Without the rapid development of science and technology, there can be no rapid development of the economy. The Central Committee of the Party decided to call this national science conference in order to bring home to the Party and country the importance of science, to map out a programme, to commend advanced units and individuals and to discuss measures for speeding up the development of science and technology in China.

We hold that in both political and economic relations, countries should base themselves on the Five Principles of mutual respect for sovereignty and territorial integrity, mutual non-aggression, non-interference in each other’s internal affairs, equality and mutual benefit, and peaceful coexistence. We are opposed to the establishment of hegemony and spheres of influence by any country in any part of the world in violation of these principles.

China is poor and our military is backwards, I agree. But we have our traditions, you know. And for quite some time, using inadequate and miserable equipment, we have cultivated the art of defeating well-armed enemies. Our territory is extremely vast, and in this vast territory the people have learned the necessary resistance for a long war — to bend the strength of others through their weaknesses. Whoever wants to invade China should remember this truth, and I believe that the Soviets remember it well.

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Modern science and technology are now undergoing a great revolution. The advances over the last three decades have not been limited to particular scientific theories or production techniques, nor have they just represented progress and reform in the usual sense. Rather, profound changes have taken place and new leaps have been made in almost all areas. A whole range of new sciences and technologies is continuously emerging. Modern science opens the way for the improvement of production techniques and determines the direction of their development.

We hold that international trade should be based on the principles of equality, mutual benefit and the exchange of needed goods. We support the urgent demand of the developing countries to improve trade terms for their raw materials, primary products and semi-manufactured and manufactured goods, to expand their market and to fix equitable and favourable prices. We support the developing countries in establishing various organizations of raw material exporting countries for a united struggle against colonialism, imperialism and hegemonism.

We hold that technology transferred to the developing countries must be practical, efficient, economical and convenient for use. The experts and other personnel dispatched to the recipient countries have the obligation to pass on conscientiously technical know-how to the people there and to respect the laws and national customs of the countries concerned. They must not make special demands or ask for special amenities, let alone engage in illegal activities.

The developing countries have great potentials for developing their economy independently. As long as a country makes unremitting efforts in the light of its own specific features and conditions and advances along the road of independence and self-reliance, it is fully possible for it to attain gradually a high level of development never reached by previous generations in the modernization of its industry and agriculture. The ideas of pessimism and helplessness spread by imperialism in connection with the question of the development of developing countries are all unfounded and are being disseminated with ulterior motives.