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BEIJING, Jan. 5 (Xinhua) -- The Chinese government will continue encouraging outbound investment while attracting foreign investment in 2010 for "stable and relatively fast" growth of the country's economy, a government official has said. Outbound investment, or "go-global" strategy, should aim at making use of overseas resources, market and advanced technologies, so as to help facilitate development of China's domestic economy, Zhang Xiaoqiang, vice minister in charge of the National Development and Reform Commission, said in the speech posted on the commission's website Tuesday. The remarks were made at a conference held in Beijing on foreign investment on Dec. 11, but was not released until Tuesday. In the first three quarters of 2009, China saw its investment overseas at 32.87 billion U.S. dollars, up 0.5 percent year-on-year, according to the Ministry of Commerce (MOC). The country would also continue to attract foreign investment, he said. "Social stability, huge potential market and low cost of productive resources are still advantages for foreign investment," he said. The country would see more advanced technologies and talents from foreign countries and foreign investment would better serve the structural reform of the country's economy. Zhang said the government would stress national economic security while seeking to increase foreign investment. "We have to properly handle new challenges and situations when further opening sectors, including finance and telecommunications." China's foreign direct investment shrank 14.26 percent from the same period last year to 63.77 billion U.S. dollars in the first nine months as foreign companies cut spending amid the global economic downturn, according to the MOC. In the speech, Zhang also said China's currency was facing renewed pressure to appreciate because of the quantitative easing monetary policy in developed countries, a weakening dollar and recovery of China's economy. The pressure would likely spur massive inflow of speculative money, making liquidity management more difficult. Premier Wen Jiabao also said in December in an interview with Xinhua that the yuan faced appreciation pressure. "China will not yield to foreign pressure for the appreciation of its currency yuan in any form," Wen said. "A stable Chinese currency is good for the international community," Wen said.
BEIJING, Jan. 5 (Xinhua) -- Chinese Vice Premier Li Keqiang here Tuesday urged medical workers to improve their professional ethics and skills to contribute to the country's medical reform. "All medical staff should strengthen their professional ethics, pay attention to humane solicitude, improve professional techniques, strengthen service skills and strive to serve the people well," said Li during a ceremony awarding outstanding organizations, individuals and rural doctors in the medical field. Chinese Vice-Premier Li Keqiang (R) meets with representatives attending a national conference of the advanced staff members and groups in the health sector in Beijing, capital of China, Jan. 5, 2010.Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said that for a long time all medical staff had pooled their wisdom, sweats, love and actions to the country's health services. He asked people in the medical field to carry on the fine tradition of saving the dead and curing the injured, learn from the outstanding organizations, individuals and rural doctors, do their duty well and contribute their wisdom to the country's medical reform. Li praised the prevention and control measures in the face of the A/H1N1 flu, saying the country's health service still has a long way to go as people are having new expectations for health improvement.
SINGAPORE, Nov. 11 (Xinhua) -- Visiting Chinese President Hu Jintao met here Wednesday evening with Singaporean President S. R. Nathan, with both exchanging views on further developing bilateral ties between the two countries. President Hu said that as the two countries are to celebrate the 20th anniversary of the establishment of diplomatic relations next year, China is ready to provide Singapore with a pair of pandas for joint research in a bid to further enhance the friendly feelings between the people of the two countries. Chinese President Hu Jintao (R, front), accompanied by Singapore's President S.R. Nathan (R, rear), inspects the honour guard during a welcome ceremony in honor of Hu in Singapore, on Nov. 11, 2009President Nathan said that China's decision to offer a pair of pandas to Singapore is an important symbol of friendship between the two peoples. During the meeting with Nathan, Hu said the bilateral relations have witnessed rapid growth since the two countries established diplomatic ties 19 years ago. The two sides have maintained frequent exchange of high-level visits and achieved fruitful cooperation in various fields, said the Chinese leader. Chinese President Hu Jintao (2nd L) and his wife Liu Yongqing (1st L) pose for a group photo with Singapore's President S.R. Nathan (2nd R) and Nathan's wife in Singapore, on Nov. 11, 2009. Expressing satisfaction with the good momentum in the development of bilateral relations, Hu said China attaches great importance to its relations with Singapore and is ready to deepen mutually beneficial cooperation, so as to make greater contribution to peace, stability and prosperity of Asia. Hu emphasized that human resource is a key area of bilateral cooperation, to which both sides have always paid great attention. Strengthening exchanges between the young people of both countries is conducive to the long-term and stable growth of bilateral links, he said. Hu also briefed Nathan about the measures that China has taken to offset the impact of the international financial crisis and to maintain a stable and relatively rapid growth of the economy, as well as the effects of these measures. Nathan warmly welcomed Hu's state visit to Singapore, saying the visit is of milestone significance in the development of the bilateral relations. Under the current circumstances of rampant trade protectionism, China's success in addressing the challenge of the global financial crisis and maintaining a rapid economic growth deserves admiration and congratulation from Singapore, he said. Nathan said that as the People's Republic of China celebrated this year the 60th anniversary of its founding, the great changes in China have brought about opportunities for the whole region and benefited every country in the region. He said Singapore and China enjoy a close relationship as bilateral cooperation in various fields grow smoothly. Singapore hopes to further strengthen exchanges and cooperation with China in various areas such as economy and trade, tourism and education and to expand cooperation at local levels, he added. Nathan said Singapore is also ready to expand cooperation with China in the area of human resource development. Noting that Asia is frequently striken by natural disasters, Nathan said China has accumulated valuable experience in disaster relief during the severe earthquakes in Sichuan last year and in post-disaster rehabilitation for other countries to learn from. Before the meeting, Nathan held a welcome ceremony for Hu. President Hu arrived here Wednesday afternoon for a state visit to Singapore. This is the final leg of his two-nation Southeast Asia trip, which has already taken him to Malaysia. During his stay in Singapore, President Hu will also attend the Economic Leaders Meeting of the Asia-Pacific Economic Cooperation (APEC) slated for Nov. 14-15.
MACAO, Dec. 19 (Xinhua) -- Chinese President Hu Jintao said here Saturday that "one country, two systems" had been successfully implemented in both Hong Kong and Macao since their return to the motherland. "The two special administrative regions have accumulated rich experience in the regard, and can learn from each other and make progress together," said the president when meeting with Donald Tsang, chief executive of the Hong Kong Special Administrative Region (SAR) and principal officials of the Hong Kong SAR government. Hu and Tsang arrived here Saturday to attend the celebrations marking the 10th anniversary of Macao's return to the motherland and the inauguration of the third-term government of the Macao SAR. Chinese President Hu Jintao(R) shakes hands with Donald Tsang Yam-kuen, chief executive of the Hong Kong Special Administrative Region (SAR) in Macao SAR in south China on Dec. 19, 2009 The 10th anniversary of Macao's return to the motherland is a festive event not only for the Macao people, but also for the people in Hong Kong and people of all ethnic groups of the nation, said Hu. The president spoke highly of the active efforts by the Hong Kong SAR government and people of all circles, under the leadership of Tsang, in maintaining Hong Kong's prosperity and stability amid the global financial crisis. The president expressed his confidence that through concerted efforts of the Hong Kong SAR government and people of all circles, the Hong Kong economy can be recovered at the earliest time, people's livelihood constantly improved, and the issue of constitutional development properly handled. He was also confident that the Hong Kong SAR government and people of various sectors will also continue to work hard together to create a good social environment of harmony and stability. Tsang thanked the president for the encouragement and support given to him and Hong Kong, pledging that the HKSAR government will do its utmost to sustain Hong Kong's prosperity and stability. Present at the meeting were Liu Yandong, Ling Jihua, Wang Huning, Li Jianguo, Liao Hui and Chen Bingde. Chief Executive of the Macao Special Administrative Region Edmund Ho Hau Wah was also present at the meeting.
CHENGDU, Nov. 23 (Xinhua) -- China will send two giant pandas to Australia Friday for a cooperative research program. The four-year-old male panda "Wang Wang" and three-year-old female panda "Fu Ni" will stay in Australia for 10 years, said Zhang Hemin, chief of the Wolong Nature Reserve Administration in southwest China's Sichuan Province. "Wang Wang", which means "net" in Chinese, is 119 kg and "Fu Ni", which means "lucky girl", is 90 kg. They were quarantined on Oct. 21 for their trip to Australia. "Wang Wang" and "Fu Ni" were transferred to the Bifengxia Giant Panda Breeding Center in Ya'an City after the Wolong Giant Panda Protection and Research Center where they were living were destroyed in the May 12 massive earthquake in 2008. The Australian side had sent veterinaries and feeders of the two pandas to China for training. It had also set up a 10 hectares bamboo planting base, Zhang said. The two pandas will receive a body check Tuesday before their departure. China and Australia made an agreement in 2007 on the cooperative research. Giant pandas, known for being sexually inactive, are among the world's most endangered animals due to shrinking habitat. There are about 1,590 pandas living in China's wild, mostly in Sichuan and the northwestern provinces of Shaanxi and Gansu.