In the following speech, Dr. Pak welcomes a new Chinese ambassador to Washington, D.C., and expresses the commitment of Reverend Moon to bettering relations with the Chinese people. Dr. Bo Hi Pak, president of the Summit Council for World Peace, hosted a luncheon for Ambassador Li Dao-yu on June 21, 1993, at the University Club in Washington, D.C.

Ambassador Li, distinguished guests, ladies and gentlemen. It is my honor and privilege to come before you this afternoon to welcome to Washington the ambassador of the People's Republic of China to the United States, His Excellency Li Dao-yu.

I was inspired to invite Ambassador Li here today in order for him to meet some of my dear friends who either are involved in the development of China or who have demonstrated interest in the future development of China.

First of all, let me clearly state that I have an unshakable commitment to China and the Chinese people. This commitment has been inspired by the Reverend Sun Myung Moon. This is not merely a moral commitment, but one which has been demonstrated through major investments of energy, efforts, and resources made for the sake of the future of China, especially manifested in one project: Panda Motors in Guangdong Province, of which I am chairman and chief executive officer.

I believe that the 21st century-not only economically, but politically and culturally-will focus on the East Asian sphere, with China at its heart. As many of you know, the World Bank recently declared China the third largest economy in the world. When we refer to China we are talking about the future. That is why I believe helping China is helping Asia.

We have held numerous academic conferences, including a pioneering meeting of legislators from both sides of the Taiwan Strait; we have worked hard over the years to help ensure that the administration renews China's Most Favored Nation status; and we have maintained our commitment to the Panda project under all circumstances. Even during the difficulties of June 1989, the Panda project broke ground for major construction while other Western investors pulled out of China. And we applaud and support China's invitation to host the Summer Olympics for the year 2000, which will mark a significant milestone for China in the world.

Your Excellency, our commitment, and my commitment to China are unchangeable. Over the last several years I have poured out my heart and soul for the sake of China's future. It is because I know not one drop of sweat or tears has been in vain, for China represents a great hope and future for all humanity. I am sure my dear friends here this afternoon share in my sentiments.

Finally, let me introduce our honored guest to you. His Excellency Ambassador Li Dao-yu most recently was permanent representative of the People's Republic of China to the United Nations, from June 1990 to February of this year. He is a graduate of the University of Shanghai and entered the foreign service in 1952, spending much of his career in the Foreign Ministry's Department of International Organizations and Conferences, where he became director from 1984 to 1988. From 1983 to 1984, Ambassador Li was deputy permanent representative of China to the United Nations Office in Geneva. From 1988 to 1990, Ambassador Li was an assistant foreign minister of China prior to his appointment as United Nations ambassador.

Not only as a diplomat, but as a great patriot, his credentials are impeccable in serving his country. His remarkable experience in New York seasoned him well to deal with his new post. With the new administration in Washington, we have a chance for a dramatic new era to open between our two countries, the United States and the People's Republic of China. Because of our respect for China, and the importance of peace and stability in the region, we are here today. Ambassador Li is the right man at the right time for the right job.

Your Excellency, we are honored with your presence. Would you kindly give a greeting to this distinguished gathering of China's friends? Let us give a warm welcome to Ambassador Li Dao-yu.

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