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BEIJING, April 11 (Xinhua) -- Although China registered the first monthly trade deficit last month in six years, that would be temporary as the demand for imports is likely to ease with the expected moderation in domestic fixed asset investment, said an economist of JP Morgan Chase."With an anticipated recovery in developed economies this year, Chinese exports should improve gradually over the coming months," said Jing Ulrich, chairman of China Equities and Commodities of the U.S. bank in a research note Saturday.That will be proved by the forward looking new export orders component of China's official PMI (Purchasing Managers's Index) which increased to 53.7 in March from 50.3 in February, she said.China reported trade deficit of 7.24 billion U.S. dollars in March, the first since April 2004, as exports rose 24.3 percent year on year, while imports jumped by 66 percent."The pace of China's export recovery and dynamics of imported inflation will shape the country's approach towards currency valuation. A return to the policy of gradual RMB appreciation would allow China to mitigate imported inflation and promote domestic consumption by boosting household purchasing power in local currency terms," she said.She noted that in the longer-run, more flexibility in China's currency regime would allow the central bank to set monetary policy with greater independence from the U.S. Fed Reserves.

SANAA, April 11 (Xinhua) -- A Chinese medical mission arrived Sunday in the southern Yemeni province of Aden as part of a cooperation agreement between the two countries, state-run Saba news agency reported.The 45-strong mission will provide medical services to residents of the southern provinces of Aden, Lahij, Abyan and Hadramout, according to the report.The mission includes neurosurgeons, plastic surgeons, thoracic surgeons, pediatric surgeons, orthopedic surgeons, anesthesiologists and a number of administrative staff, Jamal Khadabish, director of the Aden-based al-Jomhoriya hospital, was quoted by Saba as saying.The mandate of the Chinese mission would last for one year in accordance with a protocol of health cooperation between Yemen and China, Khadabish noted.

ULAN BATOR, June 2 (Xinhua) -- Visiting Chinese Premier Wen Jiabao and Mongolian President Tsakhia Elbegdorj vowed to boost bilateral ties and cooperation during a meeting here Wednesday.Wen said China and Mongolia share a long borderline, which has become a bond of common interests and friendly cooperation."A good bilateral relationship not only serves the fundamental interests of the two peoples, but also can contribute to peace, stability and common development in the region," he said.The Chinese premier said China takes a strategic and long-term perspective when developing relations with Mongolia, adding Mongolia is a priority in diplomacy toward its neighbors."I have reached many important agreements with (Mongolian) Prime Minister Sukhbaataryn Batbold on keeping exchanges of top-level visits, expanding cooperation in areas such as natural resources, energy, infrastructure and agriculture, and promoting cultural exchanges," Wen said.He pledged China is willing to work with Mongolia to promote bilateral exchanges and cooperation in various fields and to bring the two peoples, especially the youths, closer to each other to ensure the steady development of the two countries' good-neighborly partnership of mutual trust in the long run.Elbegdorj said Mongolia and China are good neighbors and Mongolia is committed to strengthening the friendly relations of cooperation with China.The economies of Mongolia and China, with different advantages, are highly complementary, he said, adding he hopes the two sides can expand pragmatic cooperation for mutual benefits.Premier Wen also delivered a speech on Wednesday at the opening of the Sino-Mongolian Economic and Trade Cooperation Forum.In his speech, Wen made four proposals on further boosting bilateral economic and trade cooperation.First, to boost investment in mineral resources development and infrastructure construction. Funds and technological support will be provided for this endeavor.Both nations should push for the completion of a number of major projects at early dates to contribute to the comprehensive enhancement of bilateral ties, he said.China is willing to strengthen cooperation with Mongolia in such fields as energy, railway, highway, port and telecommunications. China is also ready to work with Mongolia to extend bilateral cooperation to such fields as environment, logistics, tourism, science and technology, he said.Second, China supports its enterprises to import more farm and animal husbandry products from Mongolia and encourage them to invest in projects that create more jobs and improve the livelihood of local residents.China is willing to increase economic aid to Mongolia and intensify support for Mongolia's farming industry, education and health sectors as well as poverty reduction efforts, said the Chinese premier.Third, both sides should make specific efforts to implement the medium-term development outline for Sino-Mongolian economic and trade cooperation and continue to strengthen research on strategic issues.Fourth, China and Mongolia should further strengthen their ties within such multilateral cooperation frameworks as Northeast Asia economic and trade cooperation, the Shanghai Cooperation Organization and the Asia-Europe Meeting, and boost cooperation in trade, investment, logistic and technology within a number of sub-regional cooperation frameworks.Wen arrived in Ulan Bator on Tuesday for a two-day official visit to Mongolia, which is the third leg of his four-nation Asian tour. He has visited South Korea and Japan and will also travel to Myanmar.

GUANGZHOU, April 18 (Xinhua) -- China's trade volume will reach 5.3 trillion U.S. dollars by the year 2020, Li Gang, a researcher at the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce, said Sunday.Li made the remakes at the ongoing 107th China Import and Export Fair, the country's largest trade fair, held in the southern city of Guangzhou.According to Li, China's merchandise imports and exports will hit 4.3 trillion U.S. dollars in 2020.Merchandise exports will top other countries and be 2.4 trillion U.S. dollars in 2020, 10.1 percent of the world total.Imports will reach 1.9 trillion U.S. dollars and rank second largest, accounting for 8.2 percent of the world total.Weighed down by the global financial crisis, the nation's foreign trade recorded a 13.9 percent year-on-year decline to 2.2 trillion U.S. dollars in 2009, with merchandise exports of 1.2 trillion U.S. dollars and imports of 1 trillion U.S. dollars.In the first quarter, foreign trade began to grow again, jumping 44.1 percent to 617.85 billion U.S. dollars, according to customs data.

BEIJING, May 24 (Xinhua) -- Clean energy projects, specifically new energy vehicles, energy-efficient construction and clean coal technology, are the key areas of science cooperation between China and the United States, a Chinese official said here on Monday.According to a new agreement between the two countries, they will invest in joint laboratories, and support research in related areas, Cao Jianlin, vice minister of science and technology of China, told a news briefing on the second China-U.S. Strategic and Economic Dialogues."Both China and the U.S. are the major car production and consumption countries thus both seek to develop new energy vehicles," said Cao.China is the biggest construction market in the world and a major coal consumption country, while the U.S. is also eyeing energy conservation in construction and coal consumption, he said.The U.S. is a country with advanced technologies, and China also has cutting-edge technologies regarding energy applications. The complementary cooperation between the two will benefit both Chinese and American people, Cao added.

来源：资阳报