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BEIJING, Oct. 13 (Xinhua) -- Chinese top political advisor Jia Qinglin Tuesday urged more efforts to perfect the system of multi-party cooperation and political consultation under the leadership of the Communist Party of China(CPC). Speaking at a seminar to mark the 60th anniversary of the founding of the Chinese People's Political Consultative Conference (CPPCC), CPPCC Chairman Jia said the system is an inevitable choice for China to press ahead with its social and political development. Efforts should be made to give full play to the unique advantages of the CPPCC, the top political advisory body, he said. Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), speaks at a seminar marking the 60th anniversary of the founding of the CPPCC, in Beijing, capital of China, on Oct. 13, 2009. The system is in conformity with China's national conditions and has strong Chinese characteristics, according to Jia. The system has made important contributions to the country's modernization drive, he said, adding it also played an irreplaceable role in the country's revolutionary cause, reform and opening-up endeavor and the construction of a well-off society. Jia also urged efforts to embrace innovation in the development of the system. The CPPCC was founded in 1949, the year that the People's Republic of China was founded.

BEIJING, Aug. 2 (Xinhua) -- China's consumer price index (CPI) decline pace would slow down in the second half and the CPI would drop about 0.5 percent for the whole year, Lian Ping, chief economist of Bank of Communications, the country's fifth largest lender, told Xinhua Sunday. China's CPI, a main gauge of inflation, dipped 1.1 percent in the first half from a year earlier, according to the National Bureau of Statistics (NBS) figures. This graphics made on August 1 shows prices of edible oil drop while those of meat and eggs increase compared with those on July 1 in China. China's consumer price index (CPI) decline pace would slow down in the second half and the CPI would drop about 0.5 percent for the whole year, Lian Ping, chief economist of Bank of Communications, the country's fifth largest lender, told Xinhua Sunday "China might see a CPI rise in the fourth quarter along with the recovery of the economy," Lian said. He predicted that China would see a moderate CPI rise next year, with the growth pace less than 4 percent. The Shanghai-based bank said in a Saturday report that China's economy would continue to recover from the world financial crisis in the second half and expand at the rate of 8.5 percent for the whole year.
BEIJING, July 24 (Xinhua) -- Chinese President Hu Jintao said Friday that the role of the United Nations should be bolstered in handling the global economic downturn, achieving sustainable development, and safeguarding world peace and security. As a permanent member of the UN Security Council and the largest developing nation, China has always observed the principles of the UN Charter, supported the UN's efforts to improve security, development and human rights and its reform to increase efficiency, Hu said to visiting UN Secretary-General Ban Ki-Moon Hu. "China will continue to join in the UN undertakings and carry out its duties with responsive and constructive attitude, and will work with the international community to build a harmonious world," Hu said. Chinese President Hu Jintao (R) meets with UN Secretary-General Ban Ki-Moon in Beijing, China, July 24, 2009. Ban Ki-Moon praised China's achievement in economic and social progress, as well as its contribution to overcoming world economic recession, food crisis and climate change. Also on Friday afternoon, Ban presented at a seminar of senior Chinese officials who have taken part in UN workshops on advanced leadership, a capacity building program established in 2005. Ban asked the officials, who came from various ministries, banks and state-owned companies, to put their knowledge learned in the workshops into practice. He stressed the importance of tackling the international financial crisis and climate change with joint efforts from the international community, and suggested China establish a low-carbon economy. Li Yuanchao, head of the Organization Department of the Communist Party of China Central Committee, lauded the UN workshops, and asked the world community to support the Chinese government's strive for harmony, pledging to enhance cooperation with the United Nations Development Program. Chinese Foreign Minister Yang Jiechi also met with Ban on Friday. Ban arrived in Beijing Thursday evening to have a four-day China trip with climate change atop his agenda. Ban will travel on Saturday to northwestern city of Xi'an, an ancient Chinese capital, to continue his China tour.
BEIJING, Aug.3-- China's steel industry association said on Friday that it plans this year to unify the spot and long-contract prices for the country's iron ore imports. It will also set a ceiling for charges levied by import trading firms, as part of an effort to regulate the market. The proposal was the top item of discussion at the steel industry body's two-day semiannual meeting, said Luo Bingsheng, deputy chairman of the China Iron and Steel Association (CISA), at a press conference. The term prices negotiated with global miners should become a benchmark unified price, and the import agencies could charge 3-5 percent in commission on top of the term prices, Luo said. The move aims to regulate excess iron ore import by steel makers and trading firms, which distorted the supply and demand balance and disrupted the annual contract talks, Luo said. The price talks, which are continuing, appeared to be snagged on China's insistence upon bigger reductions than the 33 percent cut agreed to earlier with Japanese and Korean steel mills. News reports and industry analysts say China wants a 40 percent price cut. Luo said foreign iron ore suppliers promoted massive sales on the spot market, leading to huge stockpiles. Spot iron ore accounted for 82.7 percent of imports this year, leading to excessive imports that far exceed actual needs, the CISA said. Luo made the remark as the spot price of iron ore in China surged above the contract prices offered by three large miners - Rio, BHP and Vale. Benchmark spot prices of iron ore in China rose above 0 a ton on Thursday, as compared with a ton in April, according to industry consultant Mysteel. Iron ore imports rose 29.3 percent year on year, to 297 million tons, in the first half of this year, while traders imported 131 million tons, up 90.4 percent from last year. There are 152 iron ore importers in China this year, exceeding the 112 licenses that CISA issued, the association said. Luo said the annual talks were ongoing and CISA would keep working to push them forward. "We are working for a reasonable result and hope to reach a win-win situation," Luo said. "For small steel companies, a unified price system is definitely good news," said Fan Haibo, a steel analyst from Xinda Securities. "Large steel mills and trading companies have made huge profits by selling iron ore to small steel factories who do not hold import license." "But how to define which firms have 'agent license' seems essential. Giving them the privilege is akin to guaranteeing a business always makes a profit," he said.
来源:资阳报