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BOAO, Hainan, April 11 (Xinhua) -- Entrepreneurs and economists of the Chinese mainland and Taiwan have considered the expected signing of a cross-Strait economic pact as a top priority in further development of their trade relations.The long-awaited Economic Cooperation Framework Agreement (ECFA), aiming to normalize mainland-Taiwan economic ties and bring the two economies closer, is hoped to be signed by the end of June.Fredrick Chien, chief advisor of Taiwan's Cross-Straits Common Market Foundation, said here Sunday the ECFA will be an "extremely important" agreement to strengthen future development of cross-Strait relations."As long as we make this stride, the cross-Strait economic and trade exchanges will get much closer," Chien said at the Boao Forum for Asia annual conference which concluded Sunday in southern island province of Hainan.He jointly presided over a round-table meeting with Dai Xianglong, chairman of the mainland's National Council for Social Security Fund.

BEIJING, May 25 (Xinhua) -- Chinese Vice Premier Li Keqiang said Tuesday China must accelerate its transformation of economic growth pattern as the global economy was undergoing structural changes.Li made the remark when he met with members of the International Advisory Council of the China Development Bank (CDB) in Beijing.Li briefed the advisory council members about China's economic situation and its macro-economic policy.He said China had to advance its economic restructuring while continuing the process of reform and opening, to improve people's livelihoods and to enhance the vitality, competitiveness and sustainability of the economy. Chinese Vice Premier Li Keqiang (front L) meets with members of the International Advisory Council of the China Development Bank (CDB) in Beijing May 25, 2010.Li said the world economic recovery was still fragile and faced a great deal of instability and uncertainty. He said the international community should further enhance policy coordination and improve the financial supervision system.The International Advisory Council of the CDB was established in 1999. It consists of notable figures from political, financial and academic circles around the world, including former Australian Prime Minister Paul Keating.The advisory council members were in Beijing for an annual meeting focusing on global economic and financial situation, the international financial crisis and the CDB's role in economic recovery.During the meeting with Li, Keating relayed his appreciation of China's success in maintaining stable and fast paced economic growth and contributing to the recovery of world economy.Keating said over the years, the advisory council members had come to realize that the CDB was a rare and valuable institution. He expressed willingness to further expand links between the CDB and institutions outside of China.

BEIJING, March 25 (Xinhua) -- Chinese Premier Wen Jiabao has warned that meeting this year's grain output goal of 500 billion kilograms would be "a test for sure" as severe drought in the southwest is likely to continue.In addition to the persistent drought in the southwestern regions, a long and cold winter in north China would lead to a decline in wheat output, said the premier during a three-day trip to the drought-plagued Yunnan Province from March 19 to 21. A local farmer looks at dying crop in the field in Shihuitang village of Shiping County, southwest China's Yunnan Province, March 24, 2010. The sustaining severe drought ravaged this region since last October and made no harvest of cropsOn his trip, Wen went to drought-hit villages, farmlands and reservoirs to learn about the impact that the drought had on local life and farm production.The drought has resulted in a direct economic loss of 23.66 billion yuan and left more than 18 million locals short of drinking water as of Tuesday, according to latest figures from the Ministry of Civil Affairs.Despite all those adverse conditions, Wen said China "should strive for a good harvest this year".The premier said priority should be given to the preparations for spring farming, urging local governments to make utmost efforts to combat the drought, prevent plant diseases, and ensure a good supply of fertilizer, pesticide and seeds.He also called for local governments' efforts to encourage farmers to expand the area of spring farming.The Chinese government set a goal in February, targeting grain output to exceed 500 billion kg this year.The country's grain output reached 530.8 billion kg in 2009, representing the sixth straight year of increase in output and exceeding 500 billion kg for the third consecutive year.

YUSHU, May 11 (Xinhua) -- Chinese Vice Premier Li Keqiang has called on reconstruction teams to finish their work within three years in the earthquake stricken areas of the northwestern Qinghai Province.Li, also member of the Standing Committee of the Communist Party of China Central Committee Political Bureau, made the remark during a visit Monday and Tuesday in Yushu Tibetan Autonomous Prefecture, epicenter of a 7.1-magnitude earthquake on April 14.He asked relief workers to finish removing debris, select the site of a new township and the layout of urban and rural areas by the end of May.By the end of this year, reconstruction teams should strive to finish all reinforcement work for reparable buildings in the quake zone, finish building new homes for most rural residents and herdsmen, and start building new homes for most urban residents, Li said.He asked local government officials to ensure that all quake survivors get enough and safe food, water and other necessities. Chinese Vice Premier Li Keqiang visits local temporary hospital in Yushu, Qinghai on Tuesday. Li urges local health and disease control personnel to prevent disease outbreaks and prepare effective treatments for altitude sickness before reconstruction workers arrived.Li urged local health and disease control personnel to prevent disease outbreaks and prepare effective treatments for altitude sickness before reconstruction workers arrived.Visiting a residential construction site in Jiegu Town, Li urged that the quality of new homes should be guaranteed.He also encouraged local quake survivors to overcome difficulties to resume their normal lives.Supplies of water and electricity as well as transport are being restored in the severely damaged Jiegu Town.Li outlined five aspects for the future relief work:-- Funding for quake survivors' subsidies, emergency rescue and temporary resettlement must be secured.-- Authorities should work out a general plan and special projects for reconstruction as soon as possible. The central government would provide favorable tax, loans, land and employment policies.-- Before large-scale reconstruction, designs for residential houses and public facilities should be prioritized.-- Heating and winter tents should be prepared for survivors who could not move into new buildings before cold weather arrives.-- School buildings, hospitals as well as water, electricity, telecommunications and transport facilities should be prioritized in reconstruction.Ethnic customs and traditions should be respected, he said.

BEIJING, April 7 (Xinhua) -- Top Chinese legislator Wu Bangguo held talks with Harry Jenkins, speaker of the House of Representatives of Australia, on Wednesday, with both sides pledging closer ties and more parliamentary exchanges between the two countries."China and Australia share extensive interests and broad cooperative potential in terms of developing bilateral ties and dealing with global challenges," said Wu, chairman of the Standing Committee of the National People's Congress, China's top legislature.China regards Australia as an important cooperative partner in the Asia-Pacific region and is willing to work with Australia to address each other's concerns and deepen cooperation from a strategic and long-term perspective, Wu said.Jenkins is in Beijing to attend the second meeting of a regular exchange mechanism of the two countries' parliaments which is scheduled for Thursday.It is Jenkins' first visit to China as speaker of the House of Representatives.Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress, meets with Harry Jenkins, Speaker of House of Representatives of Australia, in Beijing, China, April 7, 2010.Since the regular exchange mechanism was set up in 2006, it has become an important platform for increasing mutual understanding and promoting mutually-beneficial cooperation, Wu said, urging the two parliaments to have in-depth exchanges of views on issues of common concern.Jenkins hoped to have a better understanding of China through the seven-day visit, which will also take him to Guangdong Province, Ningxia Hui Autonomous Region and Shanghai.Also on Wednesday, Chinese Vice President Xi Jinping met with Jenkins.Xi said China and Australia, as important countries in the Asia-Pacific region, have extensive interests and solid basis for cooperation to safeguard regional peace and stability, promote regional and global economic growth and to deal with global challenges."A healthy and stable China-Australia relationship complies with the interests of the two countries and peoples," said Xi.Xi said that China and Australia should increase high-level visits and exchanges at various levels and cement mutually-beneficial cooperation in areas like trade, energy, environmental protection, technology and culture.