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PATTAYA, Thailand, April 11 (Xinhua) -- Chinese Premier Wen Jiabao, in an interview with Hong Kong and Macao reporters here Saturday, said that the Chinese economy showed signs of better than expected positive changes in the first quarter as a result of the economic stimulus package adopted by China. Firstly, the domestic demand rose on a sustainable basis. Meanwhile, investment in fixed assets increased rapidly and consumer demand grew steadily and relatively rapidly. Although lower from the same period of last year, imports and exports grew on a month-on-month basis in the three-month period, Wen said. This indicates that some sectors and enterprises in China are in a process of gradual recovery. Secondly, industries above the designated size registered month-on-month growth, with a year-on-year increase of 3.8 percent in both January and February, and a year-on-year increase of 8.3 percent in March. Thirdly, the purchase management index and the entrepreneur confidence index of the manufacturing industry both rose, indicating that the Chinese economy has begun to stabilize and recover in some fields, according to Wen. And fourthly, the market confidence went up and the economy became more active over the first three months, with increases in both the stock market and housing market transaction volumes. The positive performances in economic fields suggest that the policies adopted by the central government of China have been timely and correct, and have led to successes, the premier noted. The premier was here to attend the Association of Southeast Asian Nations (ASEAN) related summits. The Chinese premier went back home late Saturday ahead of schedule, after the Thai government postponed the summits because of domestic political unrest. The premier said we should see that China's economy is still facing very serious hardships, which can be attributed to the shrink of external demand and a relatively sharp fall in exports. This has negatively impacted export enterprises, export-oriented industries and export-oriented zones, and has resulted in decreases in business profit making, declines in financial revenues and heavier pressure on employment, he said. As the international financial crisis is deepening and spreading, we should never lose vigilance, Wen warned. As the crisis has not touched its bottom, we can hardly say that the Chinese economy alone has got out of the crisis. China cannot save the world, nor can it survive without the world, Wen said. What we should do is to exert our utmost efforts to minimize the effect of the crisis, he said. When answering questions whether China will introduce additional economic stimulus plans, Wen said the government should now step up efforts to carry out the policies and measures of the existing stimulus package. The earlier they are put into effect, the more beneficial and active they will be, he said. Firstly, it is imperative to release the additional investment for stimulating the economy that has been included into the budget. Secondly, specific rules for reforming and reviving a total of ten key industries should be formulated as early as possible. And thirdly, efforts should be made to speed up the development of the social security system, Wen said, adding that the national medical and health-care system reform launched in recent days, which has drawn international attention, should be implemented as early as possible. At the same time, it is essential to closely follow up the changing economic situation at home and abroad, and hammer out new response plans whenever necessary, said Wen. Priority should be given to strengthening social security, improving the people's livelihood and strengthening protection of the ecological environment, he said. In response to questions about the trial of cross-border trade deals in the Chinese yuan, Wen said the central government has decided to test the program in the city of Shanghai, as well as four cities in south China's Guangdong province -- Guangzhou, Shenzhen, Dongguan and Zhuhai. Hong Kong and Macao will be included in the pilot program, and ASEAN members will become the first group of foreign countries to benefit from the scheme, Wen said, adding the regulatory documents governing the pilot program will be issued in a short time, Wen said. The program will promote Hong Kong's trade development, and will help its enterprises, including those in the Pearl River Delta region and other areas in the Chinese mainland, to stave off the risks from exchange rate fluctuations, he said. This will invigorate Hong Kong's financial industry and underpin its position as an international financial hub, he added. Wen said that compared with developed countries, China, as a developing country, has undergone only a short period of time in its financial reform and development, lacking both experience and talented people, and there is also room for improvement in its financial system. At present, China allows the yuan to become convertible under the current account and it will take a long time to realize full capital account convertibility for the Chinese yuan, he said. Answering a reporter's question on whether building Shanghai into an international financial hub will rival Hong Kong's financial status, Wen said the Chinese central government has always paid close attention to the development of Hong Kong's financial sector. "I noticed that most of the media in Hong Kong showed support for the decision to build Shanghai into an international financial center, but lingering worries still remain," he said. Actually, the status of an international financial center is established not by a government decision but through market competition, he said. "I have said years ago that Hong Kong's status as an international financial center is irreplaceable due to its unique geographical advantage, a long history of financial management, extensive channels of financial operation, a full-fledged legal system and a rich pool of financial expertise," Wen said. However, Hong Kong's status as an international financial hub also meets challenges, he said. He added that what is imperative for the time being is to enhance regulation, maintain the stable, healthy and sustainable development of its financial sector, and to make due support for its economy. While developing the financial sector, Hong Kong should also spare no effort to tap the potential of its economic growth such as logistics, tourism, the health sector, science and technology, education, and high-tech industries, so as to lay a foundation forthe sustained economic development, he said. Responding to a question about the recent police investigation into Hong Kong-listed conglomerate CITIC Pacific, Wen said the issue should be addressed in accordance with the laws and financial supervision regulations of the Hong Kong Special Administrative Region, and no interference from the mainland or other parties will be allowed. Earlier this month, Hong Kong police searched the headquarters of the company, which reported huge losses from unauthorized hedging against changes in the exchange rates of Australian dollar last year. After all the facts are clarified, serious lessons should be drawn from this incident, including the company's management and its supervision, Wen said. On Macao's economic growth, Premier Wen said it has a unique economy powered mainly by its gambling industry. As the region continues to develop its gambling industry, efforts should be made to promote the region's economic diversity based on its own reality, he said. Macao's development is somewhat restrained due to its tiny area, but the central government is currently working on a long-term development plan of the Pearl River Delta to strengthen economic ties between Guangdong Province and Macao in an effort to promote Macao's development, said the premier. Because of Thailand's domestic situation, the Thai government on Saturday postponed the ASEAN related summits scheduled for April 11 and April 12. Wen said his visit to Thailand was designed to enhance the friendly cooperative relations between China and ASEAN and to make joint efforts with its members to tackle the global financial crisis. The Chinese premier said he had been aware of the situation in Thailand before his departure for the country, and his insistence on attending the summits indicated China's sincerity in this matter.
SHENZHEN, Feb. 7 (Xinhua) -- China started construction of the eastern segment of the country's second West-East natural gas pipeline in Shenzhen City, Guangdong Province on Saturday. Chinese Vice Premier Li Keqiang attended the kick-off ceremony announced the start of the construction. The pipeline, the second after the first West-East natural gas transfer project, will cross 15 regions and carry 30 billion cubic meters of natural gas every year to Zhejiang, Shanghai, Guangdong and Hong Kong, among others. When visiting the construction site, Li said the pipeline under construction is the country's most expensive energy project in decades and the world's longest natural gas pipeline. It is of great importance to ensuring China's energy security, coordinating regional economic development, deepening the ties between Hong Kong and inland provinces and promoting economic growth. The 8,704 km pipeline will be made up of one trunk line and eight sub-lines. Construction of the west segment of the pipeline was started in February 2008 and is expected to be completed by the end of the year. The whole line will be operational by the end of 2011. As China battles the financial crisis and expands its domestic demand, the second West-East gas pipeline project is a landmark project that will boost people's confidence to overcome the crisis, said an official with the National Development and Reform Commission. The total investment of the second West-East gas pipeline was 142.2 billion yuan (20.82 billion U.S. dollars). The eastern segment stretches 2,472 km, with an investment of 93 billion yuan. The government approved the east segment project during an executive meeting of the State Council or the Cabinet last November, in a hope to ease natural gas shortage, boost economic development and popularize utilization of clear energy. Zhou Dadi, a researcher with the Energy Research Institute of National Development and Reform Commission said the construction of the gas pipe is essential for China to increase gas resources and ensure energy security. It is hoped that construction will boost consumption and increase investment amid a world economic downturn, Zhou added. It is estimated that investment will top 300 billion yuan in other relevant industries, including machinery production, electric technology, and construction material sectors. Dong Xiucheng, professor with China University of Petroleum said this project will help China increase clean energy consumption. In China, coal makes up 70 percent of the total energy consumption, 40 percentage points higher than the world average. Natural gas consumption only accounts for three percent of the total. The completion of the second pipeline is expected to save 11.06million tonnes of coal every year. The first West-East gas pipeline was finished in 2004. It has provided 42 billion cubic meters of gas to 3,000 factories and nearly 200 million people over the past five years Wang Yang, secretary of the Guangdong Provincial Committee of the Communist Party of China, and Donald Tsang, chief executive of the Hong Kong Special Administrative Region, also attended Saturday's ceremony.

BEIJING, Feb. 18 (Xinhua) -- President Hu Jintao's five-nation "journey of friendship and cooperation" was very successful, Foreign Minister Yang Jiechi said on Wednesday. The tour, which started on Feb. 10 and ended on Feb. 17, took President Hu to Saudi Arabia, Mali, Senegal, Tanzania and Mauritius. Hu's visit to the five countries in the first month of the Chinese lunar new year was very successful as it fulfilled its goals -- consolidating friendship between China and these countries, boosting cooperation and reinforcing their will to tackle the joint challenges for common development, Yang said. Visiting Chinese President Hu Jintao addresses a welcoming rally attended by people from various sectors in Dar es Salaam, Tanzania, Feb. 16, 2009 It was also of important significance to further advance the friendly ties between China and Saudi Arabia as well as between China and Africa and to enhance China's solidarity and cooperation with developing countries to stand hand-in-hand in the face of challenges, he said. The visit, a significant diplomatic move taken by China to boost its ties with developing nations, was made at a time when international political and economic situations are undergoing profound change, and while the international financial crisis continues to spread, imposing a negative influence on developing countries, Yang said. Visiting Chinese President Hu Jintao (L) meets with Mauritian President Anerood Jugnauth in Port Louis, Mauritius, Feb. 17, 2009.During the eight days, the Chinese president attended more than 50 events in the nations visited. He held talks with leaders in these countries on cooperation and joint development, as well as had extensive contacts with people from various sectors with brotherly interactions and friendship, Yang said. He said the media in these countries and in the rest of the world paid close attention to Hu's tour and gave it abundant coverage with a positive and objective tone. Noting that the tour consolidated and deepened the friendly cooperation between China and countries in Africa and Asia, Yang said it also boosted the friendship between the Chinese people and their counterparts in developing countries. The achievements included: First, a new consensus was reached on jointly dealing with the challenge of the international financial crisis. President Hu made the visit at a time when the impacts of the international financial crisis are gradually expanding, Yang said, adding that such impacts have spread from developed countries to emerging markets and developing nations, and affecting the real economy, posing increasing challenges to developing nations including China, Saudi Arabia and those in Africa. Visiting Chinese President Hu Jintao (L) talks with Saudi Arabian King Abdullah bin Abdul-Aziz during their meeting in Riyadh, Saudi Arabia, Feb. 10, 2009Hu expounded on China's view and position on how to tackle the crisis, stressing the need for the international community to be concerned about and try to minimize the suffering of the developing world, especially the least developed countries in the crisis, and expressed China's will to strengthen cooperation and coordinate actions with the international community, Yang said. Hu extended support for increasing the role and voice of developing countries in reforming the global financial system and called on the international community to provide tangible assistance to help developing countries, especially the African ones, to overcome the difficulties. The Chinese president pledged that China would fulfill policies and measures adopted at the Beijing Summit of the Forum on China-Africa Cooperation, continue to increase assistance and offer debt relief to African countries within its capability, expand trade and investment toward the continent, and promote China-Africa pragmatic cooperation. Hu emphasized that the harder the situation is, the more China and Africa should support and cooperate with each other to get through the difficulties. Leaders of the host countries highly appreciated and warmly welcomed China's position, regarding it as conducive to strengthening coordination and cooperation among developing countries and building up confidence in jointly addressing the international crisis. Chinese President Hu Jintao (L) meets with Malian President Amadou Toumany Toure in Bamako, Mali, on Feb. 12, 2009. Second, China's ties with Asia and Africa were pushed to a new stage. Yang said the five nations and China enjoyed a solid political groundwork to further promote bilateral relations. During his trip, leaders of the five countries and Hu held discussions and reached broad common ground on such significant issues as how to boost friendly cooperation, implement measures announced at the Beijing Summit of the Forum on China-Africa Cooperation in 2006, and forge a new type of strategic partnership with Africa, Yang said. In Saudi Arabia, Hu proposed guiding principles and measures to boost the China-Saudi strategic friendship, promote all-round pragmatic cooperation, as well as deepen cooperation between China and the Gulf Cooperation Council. In the four African countries, Hu met their leaders on the further development of friendship and cooperation. Visiting Chinese President Hu Jintao (L) meets with his Senegalese counterpart Abdoulaye Wade in Dakar, capital of Senegal, Feb. 13, 2009They exchanged in-depth views on the current situation in the Middle East and Africa as well as other international and regional issues, and agreed to boost bilateral ties and push forward friendly cooperation to a new stage. The president said as a developing country, China was ready to have closer cooperation and collaboration with the five nations, jointly maintain the interests and rights of the developing countries, and join hands with them to promote the South-South cooperation and North-South dialogue. Third, to promote mutual benefit and win-win cooperation Yang said Hu's tour to the five developing countries further deepened cooperation in various fields with them. During the visit, China signed more than 20 cooperation agreements with the five nations in the fields of economy and trade, investment, energy and quality control, health, culture and infrastructure construction to further extend the depth and width of pragmatic cooperation. During his visit to the African countries, President Hu said China would strengthen cooperation with them in agriculture, textile and infrastructure construction on the basis of mutual benefits, and a win-win principle. Hu visited some China-aided projects, as part of follow-up actions to the Beijing Summit of the China-Africa Cooperation Forum. Visiting Chinese President Hu Jintao (L) meets with his Tanzanian counterpart Jakaya Mrisho Kikwete in Dar es Salaam, Tanzania, Feb. 15, 2009Such projects will help improve the general living standards of the local people. In Saudi Arabia, Hu visited a cement production line in the capital of Riyadh, and the King Abdulaziz City for Science and Technology. In Mali, Hu inaugurated a China-aided bridge construction project in the capital of Bamako and attended the inauguration of the China-Mali anti-malaria center. Hu also attended the completion ceremony of Tanzania's state stadium and the Chinese culture center in Mauritius. He put forward new measures to enhance China-Africa cooperation, such as offering more chances for personnel training and scholarships to the four countries. Yang said that China had developed comprehensive friendly relations with the four countries and provided unselfish assistance. During Hu's visit, China reached consensus with the four African countries on enhancing bilateral trade and deepening pragmatic cooperation, which fully demonstrates the China-Africa cooperation has great potential and broad prospects based on equality, mutual benefits and a win-win principle for all. Fourth, to create fresh highlights of friendly exchanges with local people. President Hu received an abundance of warm greetings from the local people, an indication that Sino-Saudi and the Sino-African friendships were deeply rooted in the hearts of the people, Yang said. At airports, meeting venues, stadiums, construction sites, hospitals and even classrooms, Hu talked with the local people from various walks of life in a gentle and friendly manner. Despite a tight schedule, Hu managed to meet with the media in all the countries he visited and, on behalf of the Chinese people, extended good wishes and friendship to the local people. In the Malian capital of Bamako, tens of thousands of local people, from the outskirts all the way to Hu's downtown hotel, waved the national flags of both countries and chanted "Thank you, China," and "Long-live China-Mali Friendship" in a voluntary yet grand gesture of welcome for Hu. During the completion ceremony of Tanzania's state stadium, a Chinese assistance project, more than a hundred teenagers performed Chinese martial arts and acrobatics, and sang popular Chinese folk songs such as "Na Ni Wan" which is about a great production campaign near Yan'an during the revolutionary 1940s. Hu also showed his concern for Chinese aid workers in Africa. He met with a Chinese medical team in Mali and encouraged them to make further efforts to help their Malian counterparts to develop the country's medical and health industry. In Tanzania, Hu paid tribute to a cemetery for Chinese experts who had worked and died in the country in honor of pursuing China-Africa friendship.
BEIJING, April 17 (Xinhua) -- Chinese President Hu Jintao stressed Friday the importance to improve the work of military officers to better serve the decision-making of the Communist Party of China (CPC) Central Committee and the Central Military Commission (CMC). He made the remarks here during a meeting with military officers. Chinese President Hu Jintao (C, front) poses for a group photo with military officers in Beijing, China, April 17, 2009. Hu stressed Friday the importance to improve the work of military officers to better serve the decision-making of the Communist Party of China (CPC) Central Committee and the Central Military Commission (CMC). "Under the guidance of the Deng Xiaoping Theory and the 'Three Represents,' we should focus on the overall situation of the country's security and development strategy ... and improve the work of military officers to a higher level," said Hu, who is also chairman of the CMC. Hu said that since the founding of New China, especially the reform and opening up, military officers have resolutely followed the decisions and instructions of the CPC Central Committee and the CMC, and have been devoted to their duties, worked hard and made important contributions to safeguarding the national sovereignty, security and development, as well as to the national defense and military modernization. "The world is experiencing profound, complex changes, and the impact of the global financial crisis is still spreading," Hu said," Under such circumstances, military officers are facing a more arduous task and shoulder more important responsibilities." Hu urged the building of a contingent of military officers who are self-disciplined, loyal to the party, well versed both in civil and military affairs. Guo Boxiong and Xu Caihou, both vice chairmen of the Central Military Commission, attended the meeting.
BEIJING, Feb. 4 (Xinhua) -- Chinese and overseas reporters are invited to cover the upcoming annual sessions of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC). The 2nd session of the 11th National People's Congress and the 2nd session of the 11th National Committee of the CPPCC are to be convened on March 5 and March 3 in Beijing respectively, announced the general offices of the NPC Standing Committee and the CPPCC National Committee. A media center will be opened on Feb. 26 for the two meetings at the Media Center Hotel to serve the needs of journalists, the offices said. Chinese and resident foreign reporters should submit their applications for reporting passes before March 5 to the media center while foreign reporters temporarily in China for the "two sessions" should apply at Chinese embassies or visa organizations authorized by the Ministry of Foreign Affairs. The Hong Kong and Macao offices of the China Travel Services are authorized to handle applications from Taiwan reporters. Reporters from Hong Kong and Macao should apply at the central government's liaison offices in the two special administrative regions. Two websites were opened Wednesday to help domestic and overseas journalists report the "two sessions" as the country's top-level political events are drawing near.
来源:资阳报