UNITED NATION, Sept. 15 (Xinhuanet) -- China will unswervingly keep to the path of peaceful development, Chinese President Hu Jintao reiterated here Thursday at the United Nations summit marking the 60th anniversary of the establishment of the world body.

    China will continue to hold high the banner of peace, development and cooperation, and firmly pursue the independent foreign policy of peace, the Chinese president said.

    China will continue to dedicate itself to developing friendly relations and cooperation with all countries on the basis of the Five Principles of Peaceful Coexistence, he said.

    "Always integrating our development with the common progress of mankind, we take full advantage of the opportunities brought by world peace and development to pursue our own development while going for better promotion of world peace and common development through our successful development."

    "China will, as always, abide by the purposes and principles of the UN Charter, actively participate in international affairs and fulfill its international obligations, and work with other countries to build a new international political and economic order that is fair and rational," Hu said.

    The Chinese nation loves peace, and China's development will not hurt or threaten anyone, but serve peace, stability and common prosperity in the world, the president noted.

    Also at the meeting, the Chinese president put forward a four-point proposal for building a harmonious world with lasting peace and common prosperity:

    -- A new security concept featuring mutual trust, mutual benefit, equality and cooperation must be cultivated.

    -- The United Nations should take concrete measures to implement the Millennium Goals, particularly in the area of accelerating the development of developing countries.

    -- Every country has the right to independently choose its own social system and path of development.

    -- Rational and necessary reforms should be carried out to maintain the authority of the United Nations and improve its efficacy and capacity to take on new threats and new challenges.