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WASHINGTON, Sept. 20 (Xinhua) -- U.S. President Barack Obama said Monday that China's rapid economic development is in the interest of U.S. economy."It's good for us that China has done well," Obama said at a town-hall-style meeting telecast live on CNBC before heading to Pennsylvania to raise money for a Democratic Senate candidate.His address is in line with U.S. Secretary of Treasury Timothy Geithner's testimony to the Congress last Thursday."We have very significant economic interests in our relationship with China," Geithner said, "a strong and growing China benefits the United States, just as a strong and growing United States is good for China."In responding to a question about China's currency issue, Obama said that China's currency is lower than the market says that it should be, but trade is in the benefit for both sides."I just want to make sure trade is good for American businesses and American workers," Obama said."We are going to continue to insist that on this issue, and on all trade issues between us and China, that it is a two-way street, " he said.Facing November elections shaped by voter anger at the sour economy, U.S. lawmakers are weighing bills that would slap sanctions on Chinese goods, amid accusations that China keeps its currency -- and thereby its exports -- artificially cheap.The Obama administration acknowledged that China's imports supported the global economy and contributed substantially to recovery around the world.With over 1.3 billion people and an economy continuing to grow at or near double-digit rates, China is the U.S.' fastest-growing major overseas market.China's record of bringing hundreds of millions out of poverty, building a rapidly growing middle class, and now its efforts to encourage growth led by domestic demand, ultimately mean more demand for American goods and services.In order to pull the economy out of recession, Obama launched National Export Initiative (NEI) in March and set the goal of doubling the U.S. export in five years and creating two million jobs in the country.The Obama administration is clear that the vast Chinese market is a crucial part to fulfill the goal."Increasing opportunities for U.S. firms and workers through expanded trade and investment with China will be an important part of the success of the President's National Export Initiative and our efforts to support job growth more broadly."According to the Treasury Department, China is a critical market for a broad range of American products, from agriculture, to manufacturing, to services.China was the largest market for U.S. soybeans last year, importing over 9 billion dollars.In the manufacturing sector, the United States has already exported nearly 3.5 billion dollars in aircraft to China this year alone, and U.S. exports of automobiles and parts to China have grown over 200 percent.The issues in China and U.S. economic relations and trade should be properly solved through consultations on an equal footing. Exerting pressure cannot solve the issue. Rather, it may lead to the contrary, China's Foreign Ministry said recently.

ATHENS, Sept. 11 (Xinhua) -- Visiting Senior Chinese legislator Chen Zhili on Saturday called for the promotion of gender equality through education.Since the Fourth World Conference on Women, society has become more aware that the empowerment of women and the improvement of their status is critical to economic, political and social development, Chen said during a keynote speech at the UNESCO forum on gender equality in Athens.Chen, vice chairwoman of the Standing Committee of the National People's Congress (NPC), said China has witnessed great improvement in the status of women in recent years.With the implementation of the Women Protection Law as well as other national policies on gender equality, the rights of Chinese women in the area of education, work and politics are guaranteed, Chen said.Chen also spoke highly of the efforts made by UNESCO to promote sustainable development through gender equality.During her speech, Chen made several proposals to promote gender equality. The proposals included creating a stronger voice for gender equality that should be heard by all people, especially male decision makers, she said. Women should be encouraged, she said, to gain the spirit of self-esteem, self-confidence and self-reliance.Chen also urged countries around the world to strengthen exchanges and cooperation in policy-making regarding gender equality.

CAIRO, Sept. 26 (Xinhua) -- Chinese and Egyptian industry officials vowed closer bilateral economic ties on Sunday with the signing of an industrial cooperation agreement.Egyptian Minister of Trade and Industry Rachid Mohamed Rachid met with Chinese Minister of Industry and Information Technology Li Yizhong. Both talked about the expansion and improvement of bilateral trade and economic cooperation.Rachid told reporters that he hoped the new agreement would pave the way for more cooperation in different industry sectors including manufacturing of cars components, textiles, petrochemicals, electronics and technology."This agreement includes the process of sharing technology and increasing investment in the industrial sector and training of workers as well as helping Egyptian companies promote their products in the Chinese markets," said the Egyptian minister.The agreement also included the formation of an Egyptian- Chinese task force that takes the responsibility of sharing information and experiments in the industrial sectors and encouraging Egyptian and Chinese firms to establish joint ventures in different areas of cooperation, according to Rachid.Rachid said that Egypt wanted to benefit from the successful Chinese experience in the industrial sector.Egyptian Prime Minister Ahmed Nazif also met with the Chinese minister. The prime minister said Egypt shows great interest in boosting cooperation with China.The bilateral trade between Egypt and China increased from 3 billion U.S. dollars in 2006 to 6.24 billion dollars in 2008, according to Chinese Ambassador to Egypt Wu Chunhua.By the end of last year, Chinese investment in Egypt exceeded 500 million U.S. dollars. Chinese auto companies such as Chery Automobile and Brilliance Automobile have had assembly lines here in Egypt.Rachid expected that the Egyptian-Chinese cooperation would witness a great milestone in all sectors, particularly the trade and industry relations thanks to exchanges in the economic and political levels.

BEIJING, Oct. 18 (Xinhua) -- China's disaster relief authorities on Monday issued a national early disaster warning to gear up for super typhoon Megi, which is expected to batter China's southern coastal areas.The Ministry of Civil Affairs and the State Disaster Relief Commission, which agreed to activate the response, issued urgent notices to the civil affairs departments in the regions along the southern coast -- Hainan,Guangdong, Guangxi and Fujian -- to prepare for relief operations.Possibly the strongest typhoon to hit China this year, Megi, which means "catfish" in Korean, is expected to reach the eastern South China Sea around Tuesday midnight, bringing strong winds and rain to the four regions along the coast.The notices ordered local civil affairs departments to closely monitor the typhoon, take precautionary measures against possible geological disasters and flooding in cities, and ensure that people in vulnerable areas are evacuated on time.The 13th typhoon of the year, Megi is packing winds of up to 260 km per hour, making it the strongest typhoon to appear in the northwest Pacific since 1990 and the strongest typhoon of the year worldwide, according to China's National Meteorological Center.

SHANGHAI, Oct. 1 (Xinhua) -- Wu Bangguo, chairman of the National People's Congress Standing Committee, on Friday delivered a speech at the ceremony for the China National Pavilion Day at the Shanghai World Expo.The following is the translated version of the full text of his speech:Address by Chairman Wu BangguoOf the Standing Committee of the National People's CongressAt the Ceremony for the National Day of ChinaOf Expo 2010 Shanghai ChinaShanghai, 1 October 2010Your Excellencies Heads of State and Speakers of Parliament,Distinguished Guests,Ladies and Gentlemen,Friends,On this joyous day of grand celebration for the 61st anniversary of the People's Republic of China, we gather here to mark the China National Pavilion Day of Expo 2010 Shanghai. It adds to happiness of the anniversary of the People's Republic, and it brings the Expo 2010 Shanghai event to a new height. At the outset, I wish to extend, on behalf of the Chinese government and people, warm welcome and sincere thanks to all distinguished guests attending the China National Pavilion Day events.Expo 2010 Shanghai is the first such global event hosted by a developing country in the history of the world expo. In the past five months, participants from 246 countries and international organizations have gathered by the Huangpu River to attend the Expo. The Expo site has hosted over 100 foreign leaders and nearly 60 million Chinese and foreign visitors. Together with the over two million dedicated volunteers from home and abroad, they have made "Better City, Better Life" a living reality. In the less than six square kilometer Expo Park, pavilions of diverse styles bearing distinct features of different countries stand alongside each other, hosting creative exhibitions and various cultural performances, not to mention the unique Urban Best Practices Area and the inspiring forum dialogues. Together, they form a vivid picture of the diverse world and the harmonious co-existence of different cultures and civilizations. We have every reason to believe that, with concerted efforts of all sides, Expo 2010 Shanghai will surely be a successful, splendid and unforgettable event. Let me take this opportunity to express sincere gratitude to the governments and peoples of other countries, to the International Exhibitions Bureau and relevant international organizations, to all participants for their great support for the Expo and to all friends who have contributed their share to the Expo.Ladies and Gentlemen,Friends,Standing proudly in the Expo Park, the splendid and magnificent China Pavilion, the "Oriental Crown", is a showcase of "Chinese Wisdom in Urban Development". It is living proof of the effort by the Chinese people in pursuit of a better life. It gives expression to the long-lasting belief in harmony as rooted in the Chinese culture and to the vision of a brighter future of China through scientific development.The Chinese nation has a long history and a splendid culture. For over 5,000 years, generation after generation of the Chinese people of different ethnic groups have lived on this vast land. They have formed a fine character of diligence, courage and self-reliance. They are open-minded and inclusive. They dare to innovate and explore new ways of development. The contribution they have made to the progress of human civilization is significant and indelible.Over the past 60 years or more since the founding of the People's Republic of China, the Communist Party of China has led the Chinese people of all ethnic groups in an earth-shaking and pioneering endeavor and succeeded in bringing about three historic shifts: the shift from a semi-colonial and semi-feudal society to a new society of national independence, where people are the masters of their own country; the shift from a new democratic revolution to a socialist revolution and development; and the shift from a highly centralized planned economy to a robust socialist market economy and from a closed or semi-closed state to one of all-round opening up. These are indeed epoch-making changes of the Chinese nation. In the past 30 years since the beginning of reform and opening-up, China's economy has maintained rapid growth rarely seen in the world. Our social programs have made progress. Our comprehensive national strength has increased significantly. Our people, on the whole, are leading a life of moderate prosperity, with the outlook of rural and urban areas steadily improving. We enjoy unity and amity among all our ethnic groups, harmony and stability in our society and continued rise in our international standing. China, once an ancient land, is taking on new vigor and vitality.Looking ahead, we will build a moderately prosperous society at a higher level by 2020 to benefit our over one billion people, and will realize modernization by the middle of this century. This is the grand vision and abiding goal of the Chinese people from generation to generation.The Chinese people, once plagued by poverty and hunger, long all the more for a life of prosperity and peace. This had made development a common pursuit of the Chinese people.China has given top priority to development ever since it started reform and opening-up. This has resulted in higher and higher living standards of the people and rendered the belief that development is of overwhelming importance popular and unchangeable.The Chinese nation is a peace-loving nation. Having suffered from numerous atrocities and wars in modern history, we know all too well the value of peace. And we are keener in the understanding that to uphold world peace is our international obligation and serves our development need at home.China is the largest developing country in the world, and China's development is based on a large population, a weak economic foundation and a late start in development. China remains and will continue to be in the primary stage of socialism for a fairly long period of time. We are consciously aware that there will be problems and challenges on the way ahead. Yet, we are fully confident about our future, because we have embarked on a road of socialism with Chinese characteristics, and have formulated a system of theories on socialism with Chinese characteristics. As long as we follow this road unswervingly, thoroughly implement the Scientific Outlook on Development, continue to free our minds, remain committed to reform and opening-up and promote scientific development and social harmony, we will certainly make China a socialist modern country that is prosperous, democratic, harmonious and culturally advanced.Ladies and Gentlemen,Friends,Though Expo 2010 Shanghai will be concluded in one month's time, the spirit of progress, innovation, harmony and common prosperity advocated by the Expo will long endure. Ours is a time when people around the world are calling for peace, development and cooperation. Let us join hands to enhance exchanges and mutual learning, deepen contacts and coordination, rise up to challenges, and work together to build a harmonious world of enduring peace and common prosperity!Thank you.

来源：资阳报