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BEIJING, Dec. 1 -- Amid the coupling effects of shrinking global demand and rising operating costs, it has been a dramatic upheaval this year for domestic small and medium-sized enterprises (SMEs) after China started its reforms 30 years ago.    Even as the scene appears a bit scary, there is still a ray of hope if only entrepreneurs note the writing on the wall and go all out to cut costs before they raise the clamor for a bailout.Two women make beds on a production line of the small private firm Nangang Shoemaking Factory in Foshan, Guangdong province.In the first half of 2008, much before the world saw the capital markets going topsy turvy amid the global economic slowdown, over 67,000 SMEs in China went bankrupt, while more than 10,000 labor-intensive textile enterprises downed shutters, according to figures from the Department of SMEs under the National Development and Reform Commission.    In October, 714 companies were closed in Dongguan in Guangdong province, home to over 60,100 private companies and a major manufacturing center in China.     "We will see more companies closing in the coming months, with the figure likely to cross 1,000 after Christmas," says Dongguan Deputy Mayor Jiang Ling.     Most of the international buyers of Chinese products failed to get letters of credit in October leading to significant cancellations of Christmas orders, says Frank FX. Gong, chief China economist at JPMorgan Securities (Asia Pacific) Limited in a recent report. "Indeed, 'things suddenly ceased' was the common comment we heard on the ground lately," he says.     But for some like Luo Chun, sales director of tin box maker Dongguan Tinpak Co, the freeze on Christmas orders has not yet meant closing. Luo says overseas order fell by 10 percent from June to October, normally the peak time for Christmas orders.

    BEIJING, Dec. 24 (Xinhua) -- The National People's Congress (NPC), China's top legislature, heard here on Wednesday a series of reports including the implementation of the 11th five-year plan and the impact of the world financial crisis.     Wu Bangguo, chairman of the NPC Standing Committee, attended the conference.     Zhang Ping, minister in charge of the National Development and Reform Commission (NDRC), delivered a report on how the Chinese government has implemented the Outline of the 11th Five-Year Program for National Economic and Social Development (2006-2010). The Second plenary session of the sixth session of the 11th Standing Committee of China's National People's Congress is held at the Great Hall of the People in Beijing, China, on Dec. 24, 2008.    The implementation has been going well, with most of the goals being reached as scheduled at the middle stage, he said.     He urged more attention to be paid on expanding domestic demand, increasing innovative ability, continuing reforms on resource prices and taxes, energy saving and emission reduction, as well as increasing the government's ability to provide public services.     Zhang also gave a report on how the intensifying impact of the world financial and economic crisis is reverberating through China's economy.     Other reports included efforts to stabilize prices and prevent price hikes addressed by NDRC vice head Zhang Mao, as well as water pollution prevention and control by Environmental Protection Minister Zhou Shengxian.

BEIJING, Jan. 12 (Xinhua) -- China and the United States on Monday agreed that Sino-U.S. relations had become one of the most dynamic and important bilateral relations in the world. Chinese Vice President Xi Jinping (R) shakes hands with former U.S. President Jimmy Carter, who is here to attend the commemorative events of the 30th anniversary of the establishment of diplomatic relations between China and the United States, in Beijing, capital of China, Jan. 12, 2009.     Chinese Vice President Xi Jinping and visiting former U.S. President Jimmy Carter made the consensus when addressing a reception in the Great Hall of the People to mark the 30th anniversary of diplomatic ties between the two countries. Chinese Vice President Xi Jinping addresses the commemorative reception of the 30th anniversary of the establishment of diplomatic relations between China and the United States in the Great Hall of the People in Beijing, capital of China, Jan. 12, 2009. Xi hosted about 500 guests from the two countries during the reception on Monday evening.     "As one of the most dynamic and important bilateral relations in the world, Sino-U.S. relations not only benefit the two peoples, but also help world peace and development," Xi said.     Xi said that at this crucial time, during the international financial crisis, China and the United States should deal with bilateral relations from a broader global perspective and from the attitude of keeping pace with the times.     He called for the two nations to constantly review bilateral relations from a strategic and overall perspective and firmly pursue constructive and cooperative relations. Former U.S. President Jimmy Carter addresses the commemorative reception of the 30th anniversary of the establishment of diplomatic relations between China and the United States in the Great Hall of the People in Beijing, capital of China, Jan. 12, 2009.     The two countries should maintain exchanges and improve all dialogue and cooperation mechanisms, so as to increase mutual understanding and trust, Xi said.     China and the United States should increase cooperation to jointly respond to global challenges, and expand common interests to contribute more to world peace and development, he added.     Xi also called for the two countries to abide by the three Sino-U.S. joint communiques and respect each other's core interests in a bid to safeguard and promote their relations. Chinese Vice President Xi Jinping (front, 2nd R) talks to former U.S. President Jimmy Carter (front, C), who is here to attend the commemorative events of the 30th anniversary of the establishment of diplomatic relations between China and the United States, while they are taking a group photo in Beijing, capital of China, Jan. 12, 2009.     The two nations should strengthen friendly exchanges between their peoples to cement the social basis for friendship, he said.     The two countries saw trade exceed 300 billion U.S. dollars in 2007, about 120 times of that 30 years ago.     So far, the two governments have signed more than 30 agreements of cooperation, and set up more than 60 dialogue mechanisms. Chinese Vice President Xi Jinping (C) toasts to former U.S. President Jimmy Carter (L) and former Secretary of State Henry Kissinger (R) during the commemorative reception of the 30th anniversary of the establishment of diplomatic relations between China and the United States in the Great Hall of the People in Beijing, capital of China, Jan. 12, 2009.     China and the United States, as cooperative partners, not strategic opponent, enjoyed mutually beneficial relations, not zero-sum competitive ties, Xi said. The cooperation was conducive for both countries, for the Asia-Pacific region, and for the world at large.     Former U.S. President Jimmy Carter said in his address that the relationship "is the most important diplomatic relationship in the world today."     Carter, who, in office, made the decision to normalize relations with China, said, "History has shown that normalization brought greater security and prosperity to more people, not only to the U.S. and Chinese peoples, but also to the rest of the world." Former U.S. President Jimmy Carter (2nd L), who is here to attend the commemorative events of the 30th anniversary of the establishment of diplomatic relations between China and the United States, presents his new book to Chinese Vice President Xi Jinping (R) in Beijing, capital of China, Jan. 12, 2009.     He said he was fortunate to see the relationship flourish and to observe China reinventing and rebuilding herself into a nation that has "changed her mission to the Chinese people and to the world".     "If we are to overcome the challenges of the 21st Century, including global warming and climate change, disease control, terrorism, nuclear proliferation and a global financial crisis, our two nations must maintain the mutual respect that has served us in the past," he said.     "The founding principles of 'understanding, patience and persistence' that began 30 years ago should never be in danger," Carter said, referring to the incoming administration of President-elect Barack Obama.     Carter said he had always adhered to the one-China policy. "I consider it an essential policy priority of the United States that the People's Republic of China be recognized as the sole government of China," he noted.     Xi met with Carter before the reception, applauding the efforts of Carter and other politicians to promote the Sino-U.S. relations. Xi hoped they would continue their work.  

UNITED NATIONS, Nov. 14 (Xinhua) -- China called on the international community here on Friday to honor its commitment of aid to Iraq so as to help speed up its process of reconstruction and development.     La Yuefan, minister counselor from the Chinese mission to the United Nations, said at the Security Council meeting on the situation concerning Iraq that for progress in security and political fields to be effectively consolidated, economic and social reconstruction must also move ahead.     In this regard, "we call upon the international community to truly honor its commitment of aid to Iraq by helping Iraq speed up its process of reconstruction and development," La said, adding that China supports the meeting of foreign ministers of neighboring countries and other mechanisms playing a bigger role.     China also hopes that the Iraqi government will continue to lead all factions to agree on the common vision for the future of the country by placing national interests above everything else and strengthening dialogue and unity, La said.     "We encourage UNAMI (the United Nations Assistance Mission for Iraq) to continue its positive role in this regard. We believe it is essential to promote political dialogue and national reconciliation of Iraq in order to consolidate the progress already achieved in various fields," the Chinese diplomat said.     Noting that right now the process of peace and recovery in Iraqis at a critical juncture, La said China welcomes the continuous progress achieved by Iraq in the political, security and recovery fields.     However, he pointed out that the overall security situation in Iraq remained fragile.     "We are especially concerned about the large number of civilian casualties caused by military operations and violent attacks," La said.     "We call once again upon the parties concerned to do everything possible to avoid civilian casualties while carrying out military operations," he said.