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BEIJING, Sept. 12 (Xinhua) -- Justin Yifu Lin, Chief Economist and Senior Vice President of the World Bank, said here on Sunday that China's economy is doing well.Speaking at a forum with two Nobel Prize winning economists in Beijing, Lin praised China's economic policies as "visionary" while the three economists talked about the challenges ahead."We admire the Chinese economy. But GDP is not all being directed for people's happiness." Roger Myerson, a professor with the University of Chicago and a Nobel Prize winner, said.The Chinese economy needs increased labor income and welfare to continue its rapid development, Myerson added.A spate of strikes and worker suicides hit the manufacturing hub of Guangdong in south China beginning in May, as workers demanded higher pay.Lin also called for government support in encouraging Chinese companies to become industrial "first movers" . "As a first mover, you can form the pattern," he said.

TALLINN, Sept. 22 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), opened here on Wednesday the first Confucius Institute in the Baltic region.Li, a member of the Standing Committee of the CPC Central Committee's Political Bureau, said he hopes the facility, jointly launched by Estonia's prestigious Tallinn University and China's Guangxi University with the help of the Chinese Language Council ( also known as Hanban), would serve as a regional center for spreading Chinese culture and offer quality courses for Estonians who are interested in the Chinese language and eager to understand the Chinese culture.Tallinn University is the sole university in this Baltic country that boasts a Chinese major. It has enrolled Chinese- learning students in the past two decades.Rein Raud, rector of the university, reached an agreement with China's Hanban to set up a Confucius Institute on campus during a visit to Beijing in February. Guangxi University was chosen at the time to be its Chinese partner.The Confucius Institute at Tallinn University will offer the public three-month-long courses that teach both the Chinese language and the Chinese culture.The first set of those courses has been overbooked by Estonians, as more and more people in the country become interested in the language and culture of a booming China.Li, while talking with students majoring in Chinese at Tallinn University, encouraged them to study hard and learn more about the Chinese culture."I hope you can be ambassadors of cultural exchanges between China and Estonia, proponents of bilateral economic and trade cooperation and even Sinologists," he said.He added that cultural exchanges are meaningful projects which can "sow the seeds of friendship between China and Estonia" and play an important role in the overall bilateral relationship."The steady development of state-to-state relations is based on favorable public opinions toward each other, which can be nurtured through cultural exchanges," he said.Raud said the establishment of the Confucius Institute at the university was a landmark event in Chinese language learning and the spread of the Chinese culture in Estonia.He pledged to work closely with Guangxi University to build the Confucius Institute into a center for spreading the Chinese culture in the Baltic region.Earlier in the day, Li met with a senior Estonian parliament member on bilateral relations.He also paid a visit to the Port of Tallinn and was briefed on its latest development plans. The port has been trying to build itself into a regional maritime transportation center by seeking support from Chinese partners.Li arrived in Tallinn on Tuesday for a three-day official goodwill visit. Estonia is the first leg of his four-nation tour which will also take him to Montenegro, Ireland and Iran.

BEIJING, Sep. 2 (Xinhua) -- China's Vice Premier Zhang Dejiang Thursday called upon Chinese industrial firms to improve the quality of their products as part of the efforts to transform China's economic growth pattern.Chinese enterprises should boost the quality of industrial products by upgrading their technologies and establishing a quality-based credit system of enterprises, said Zhang at a forum held in Beijing which focused on how to improve the quality and reputation of Chinese industrial products.He also called for accelerating the establishment of industrial standardization system, actively taking part in drafting and revising of related international standards and establishing a reward and punishment system that favors firms that manufacture high-quality products.Zhang also urged China's domestic firms to step up efforts to nurture indigenous brands to make "made in China" a byword for high-quality products. 

BEIJING, Oct. 26 (Xinhua) -- Li Yuanchao, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, met with a delegation of Costa Rica's National Liberation Party (NLP) led by President Bernal Jimenez in Beijing Tuesday. Li, also a member of the CPC Central Committee secretariat and head of the Organization Department of the CPC Central Committee, praised China-Costa Rica cooperation since the establishment of diplomatic relations three years ago.Li said relations had developed rapidly through frequent high level exchange visits, enhancing political mutual trust and comprehensive cooperation in fields such as economy, culture and education. Li Yuanchao (R), a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, who is also a member of the CPC Central Committee secretariat and head of the Organization Department of the CPC Central Committee, meets with Bernal Jimenez, president of Costa Rica's National Liberation Party (NLP), in Beijing, capital of China, Oct. 26, 2010.Li said the NLP had played an important role in promoting China-Costa Rica relations, adding cooperation between the two countries was in the interest of both peoples and was widely supported.Li hoped the sustainable and healthy development of relations would be promoted.Jimenez said the NLP was willing to push forward friendly exchanges and mutual cooperation and hoped China-Costa Rica relations could become a model for ties between China and Central America.

BEIJING, Sept. 20 (Xinhua) -- Chinese Vice President Xi Jinping Monday urged the Communist Party of China (CPC) committees of the Party and government institutions to take the lead to strengthen Party building.Xi, also a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks during an inspection tour of the Ministry of Land and Resources.He also said those Party committees should focus on accomplishing the major tasks of the Party and government institutions.He urged the Party committees to work harder to serve the top agenda of the Party and the State, including by accelerating the transformation of the nation's economic growth model, guaranteeing and improving people's livelihoods, and promoting social harmony.