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The amount of donation to charity programs increased from 10 billion yuan (1.54 billion U.S. dollars) in 2006 to about 100 billion yuan now.

While things may not look good, we must not lose confidence. The truth is, Asia has emerged only stronger from the two previous financial crises. Quite many Asian countries have become much more experienced as to how to beef up the real economy and fend off financial risks. Regional cooperation in Asia has also delivered fruitful results. Last year, growth in Asia was still faster than the global average. Asia's share in the global economy further increased, and Asia contributed to about one third of global trade. This part of the world has remained one of the most dynamic globally.

Xi said the Chinese side supports safeguarding the relevant UN Security Council resolutions and the international noNPRoliferation system, and is willing to maintain communication and coordination with each and every party involved, including the United States.

Second, we stepped up efforts to reduce taxes and fees. We expanded the scope of certain preferential policies, such as those concerning corporate income tax for low-profit small businesses and the accelerated depreciation of fixed assets. We exempted small and micro businesses from 42 different kinds of administrative charges and canceled or suspended the collection of 57 kinds of central-level administrative charges. We lowered premiums for unemployment, workplace injury, and maternity insurance schemes, and expanded the scope of the policy of providing subsidies from the unemployment insurance fund to enterprises that maintain stable employment during structural adjustments.

The board of directors of the Hellenic Republic Asset Development Fund (HRADF) declared COSCO acquired 67 percent of the shares of Piraeus Port Authority (PPA) in accordance with the terms of the tender process, the HRADF said in a statement.