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VALLETTA, Feb. 21 (Xinhua) -- China is willing to make joint efforts with Malta to further promote their traditional friendly relations, visiting Chinese Vice President Xi Jinping said here on Saturday. Xi arrived in Malta's capital Valletta on Saturday morning to pay an official visit to the Mediterranean island country, on the last leg of a six-nation tour that started on Feb. 8. Earlier he visited Mexico, Jamaica, Colombia, Venezuela and Brazil. During a meeting with Acting Maltese President George Hyzler, Xi said that Sino-Maltese relations have been developing very well in recent years, with a frequent exchange of high-level visits, enhanced mutually beneficial cooperation, and active exchanges in such fields as culture, education and judicature.Chinese Vice President Xi Jinping (R) meets with Maltese Acting President George Hyzler (L) in Valletta, capital of Malta, Feb. 21, 2009. China and Malta understand and support each other in major international and regional affairs, he said, adding that the two nations are "old friends and good friends" that have stood the test of time. For his part, Hyzler thanked China for the sincere help it has provided for Malta, and congratulated China on the great achievements of its modernization drive. He also noted that there has been a good cooperative relationship between Malta and China. Chinese Vice President Xi Jinping (L) meets with Maltese Parliament Speaker Louis Galea in Valletta, capital of Malta, Feb. 21, 2009While meeting with Louis Galea, speaker of Malta's House of Representatives, Xi stated that parliamentary exchange is an important part of Sino-Maltese relations, and that strengthening exchange and cooperation between the two sides is of great significance for the development of bilateral ties and friendship between the two peoples. China attaches great importance to the development of Sino- Maltese ties, treasures the friendship between the two peoples, and appreciates Malta's long-term adherence to the one-China policy, the vice president stressed. In response, Galea said Malta has treasured its friendship with China, which is a major country in the world. Malta highly appreciates China's foreign policy of peaceful cooperation, and expects China to actively play its part in promoting world peace, tackling the current financial crisis and protecting the environment, Galea said. Both Hyzler and Galea reiterated that the Maltese government and parliament will firmly stick to the one-China policy.
BEIJING, Feb. 28 (Xinhua) -- The global financial crisis has not yet hit bottom and its impact is still spreading, said Chinese Premier Wen Jiabao during his first-ever online chat Saturday. He also promised that China is "ready to take firmer and stronger actions whenever necessary." The major impact of the crisis is on the country's real economy instead of its financial sector, which after more than 10 years of reform, is relatively stable and healthy and capable of withstanding the crisis, he said. Wen said China's east coastal areas were hit hard, where the economy is more export-dependent and labor intensive. The decline of international market demands also caused the unemployment of a great number of migrant workers. Chinese Premier Wen Jiabao prepares to chat with Internet surfers on two state news portals in Beijing, China, Feb. 28, 2009 China's gross domestic product (GDP) grew 9 percent year-on-year last year, the lowest since 2001, when an annual rate of 8.3 percent was recorded. To cushion the blow of the international financial crisis, Wen said China announced a package of stimulus plans covering four aspects. The first is the announcement a 4-trillion-yuan (588 billion U.S. dollars) economic stimulus and tax cuts. The second involves revitalizing ten key industries. The third is technical upgrading. The fourth is the building of a comprehensive social security network. INITIAL RESULTS, BUT TEMPORARY Wen said "the stimulus measures have shown initial effects and produced good results in certain areas and fields." For example, the country has seen consecutive growth in credit supply, with new loans standing around 440 billion yuan in November, 770 billion yuan in December and 1.63 trillion yuan in January, Wen said. He also cited figures on stronger retail sales and the rebound of power generation and use. Consumption rose 18 percent year-on-year in January, while power generation in the Feb. 11-20 period increased 15 percent year-on-year, or up 13.2 percent from the first ten days of this month, he said. "Some key indicators showed the economic situation has somewhat turned better," he said. "But those were just temporary indices and couldn't be fully compared with the past figures." Wen said one indicator he valued most was power generation. "Starting from mid February, power generation and consumption have both resumed growth," he said. "We must fully realize we are facing a long-term and arduous task," he added. "We must strengthen confidence in the face of the crisis and be ready to take firmer and stronger actions when necessary." CONCERNS ON EMPLOYMENT, INCOME GAP AND PROPERTY Wen said migrant workers had been hit the hardest during the financial crisis. About 20 million migrant workers in China had returned to the countryside from cities without jobs, said Chen Xiwen, director of the office of the central leading group on rural work, early this month. Other government officials estimated the number at 12 million. Wen acknowledged the accurate number is yet to be counted. He said migrant workers did not complain about the government and quietly returned to their hometowns, "some engaging in farming again, others still seeking jobs." "I want to take the opportunity to extend my gratitude to our migrant workers," he said, adding they had made great contributions to the nation. The government should encourage them to start their own business by offering tax stimulus and training opportunities, said Wen. He also expressed deep concerns over the employment issue of college students and jobless urban families. "Employment is not only related to one's livelihood but also one's dignity," said Wen. China's State Council, or the cabinet, issued a notice on Feb. 10 urging governments at all levels to make every possible effort to expand employment. When answering netizens' concerns over income discrepancies, Wen said narrowing the rich-poor gap could not be achieved "in a static state" and should be conducted alongside with economic development. He acknowledged that China's social and economic development does have the problem of "imbalanced, discordant and unsustainable" growth. The major problem is the imbalance between different regions, between the urban and rural areas and income imbalance, he said. Meanwhile, Wen said he still has confidence in China's economy and the development of Chinese enterprises. In a reply to complaints over the slumping stock market, he said he is confident about the capital market as its performance is decided by economic fundamentals and company profitability. The government has the responsibility to establish an open, fair and transparent market environment and resolutely fight against illegal acts such as manipulating the market, he said. Housing prices were among the most frequently asked questions raised by netizens during the chat. In response, Wen said he hopes to see a stable and healthy development of the country's real estate sector in the face of the global financial crisis. China should strengthen management and regulation to keep housing prices and the scale of property construction "at a reasonable level", said Wen. Housing prices have long been under fire in China, as consumers complain houses in large cities are too expensive to afford, giving developers unfair huge profits. Wen said the government highly values the property industry as it concerns the life of ordinary people and directly affects the national economy. The government has urged for stronger confidence in the real estate market while pledging more money and energy to meet the needs of low-income families, he said. The government fund must be used properly to ensure house construction is economical, safe and of good quality, said Wen. He also noted the construction should save land and suit people's needs. "Auditing and supervision should go along with all property projects," said Wen. "Problems must be dealt with whenever they emerge." Property prices in 70 major Chinese cities fell 0.9 percent in January from a year earlier, a faster fall than the previous month. In December, the figure saw the first year-on-year drop since the government started to release it in 2005.

BEIJING, Feb. 19 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday called for innovation and more breakthroughs in key technologies in the country's machinery industry so as to make it globally competitive. Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks when attending an award ceremony for role models of the machinery industry. Jia, also member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, urged efforts to strengthen the sector's innovative capacity and to make progress in key technologies to accelerate and optimize its structural upgrading. Jia Qinglin (R, front), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with the delegates and representatives of the model workers and the advanced collectives of the national machinery industry, at the Great Hall of the People in Beijing, China, Feb. 19, 2009 He also called for more investment and support for the sector.
BEIJING, March 20 (Xinhua) -- China and Japan should strengthen cooperation to deal with the financial crisis, said Chinese top legislator Wu Bangguo on Friday. "China is willing to work with Japan to properly handle sensitive issues in bilateral relations and consolidate our political foundations," said Wu, chairman of the Standing Committee of the National People's Congress. In a meeting with Japanese Defense Minister Hamada Yasukazu, Wu said China-Japan relations were improving and cooperation in various fields have expanded. Wu Bangguo (R), chairman of the Standing Committee of the National People's Congress, China's top legislature, meets with Japanese Defense Minister Yasukazu Hamada at the Great Hall of the People in Beijing, capital of China, on March 20, 2009 Stressing the importance of China and Japan in the Asia-Pacific region, Wu said developing relations conformed to the fundamental interests of both countries and was conducive to world peace, stability and development. He hoped China and Japan would expand defense and other cooperation to push forward long-term, healthy and stable relations. Hamada Yasukazu said Japan would like to enhance strategic and mutually reciprocal relations with China.
MANDALAY, March 28 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), visited China-funded projects in Myanmar and other industrial and educational facilities amidst his on-going visit. Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, visited the Myanmar's 3G core network, which was built by China's ZTE Corporation, one of China's leading telecom equipment producers. After listening to reports from both sides, Li said that information and communication industry played an important role in modern society. "I am glad to see the results you have already achieved and hope you can enhance strategic cooperation in the telecom field." He also urged ZTE and other Chinese companies in Myanmar to transfer technologies to their partners, train local technical contingent for better serving the clients and the local society. On Friday afternoon, Li visited Hlaing Thar Yar city of industry and listened to the briefing of local officials. He also visited a plastic pipe plant and a factory of traditional Myanmar medicines. Early on Saturday, Li flew from Yangon to Mandalay, the country's second largest city, and visited Mandalay industrial training center. The center was set up with a grant of 30 million RMB (4.39million U.S. dollar) from the Chinese government. It was designed to train local technicians for automotive production and maintenance. Myanmar is the second-leg of Li's four-nation tour which will also take him to the Republic of Korea and Japan. He has already visited Australia
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