The following is the full text of Chinese President Hu Jintao's speech, entitled "Continuing Reform and Opening-up and Advancing Win-Win Cooperation," delivered at the opening ceremony of the Boao Forum for Asia annual conference on Saturday:

Distinguished Guests, Ladies and Gentlemen, Friends,

First of all, I would like to extend, on behalf of the Chinese government, warm congratulations on the opening of the annual conference and a warm welcome to all of you.