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BEIJING, Oct. 10 (Xinhua) -- China appreciates India's decision to terminate a trade investigation into Chinese-made passenger car tires, the Ministry of Commerce (MOC) said Saturday. The decision would not only help boost the steady development of bilateral trade ties, but also benefit the downstream businesses of India, the MOC said in a statement on its website. China hoped to increase exchanges and cooperation on trade issues with the Indian government and encouraged dialogue and cooperation among industries for mutual benefit, it said. The Directorate General of Safeguards under India's Ministry of Finance initiated a safeguard investigation on passenger car tire imports from China in May, according to the statement. A safeguard duty, a temporary relief, usually takes the form of increased duties to higher than bound rate or standard rates or quantitative restrictions on imports. According to Indian government statistics, from April to December last year, India imported 20 million U.S. dollars worth of tires involved in the case from China.
BEIJING, July 25 (Xinhua) -- China issued alert on 8 p.m. Saturday for flood in the country's Hunan and Jiangxi provinces which left dozens people dead or missing and displaced hundreds of thousands, and sent relief groups to the two provinces. As of 4 p.m. of Saturday, five people were killed, 10 were missing and about 64,000 were relocated by the widespread heavy rain in Hunan since July 23, said the Office of State Flood Control and Drought Relief Headquarters. A view of a flooded village in Hongjiang county, Huaihua prefecture, central China's Hunan Province July 25, 2009. Five people died and 10 others were reported missing after heavy rain swept the province from Thursday to Saturday, authorities said. The rain damaged more than 5,600 mu (373.3 hectares) of farm land and flooded 35,000 mu in Jiangxi. By 11 a.m. Saturday, average rainfall in 10 counties of Jiangxi was more than 100 millimeters, while the maximum precipitation topped 215 millimeters in Luxi County. A view of a flooded village in Hongjiang county, Huaihua prefecture, central China's Hunan Province July 25, 2009. In Hunan, regions of more than 500 square kilometers braced for a precipitation of more than 300 millimeters, 2,000 square kilometers for a precipitation of 200 millimeters. The National Meteorological Center warned on Friday of rainstorms over the weekend in China's southern regions, including Sichuan, Yunan, Guizhou provinces, Guangxi Zhuang Autonomous Region, and parts of Hunan and Jiangxi provinces. A view of a flooded village in Hongjiang county, Huaihua prefecture, central China's Hunan Province July 25, 2009.
BEIJING, Sept. 9 (Xinhua)-- China and the European Union (EU) should properly cope with trade frictions, and push forward economic and trade cooperation, Chinese Vice Premier Wang Qishan said here Wednesday. Wang was meeting with EU Trade Commissioner Catherine Ashton, who is on her first visit to China. "China and the EU should appropriately handle trade frictions, and fight resolutely against trade protectionism," he said. Since late July, the EU has launched a series of anti-dumping actions against Chinese products, covering steel wire rod, seamless steel tubes, sodium gluconate, steel cables and aluminum road wheels. "Some of China's major trading partners have shown signs of protectionism during the global financial crisis, and there has been rising trade protectionism inside the EU," said Sun Yongfu, who is department chief in charge of European affairs of Chinese Commerce Ministry. Vice premier Wang said the two sides' top priorities at the present time should be making efforts to continuously further coordination and cooperation, jointly tiding over the global financial crisis, and facilitating the recovery of regional and international economy. Chinese Vice Premier Wang Qishan (1st R) meets with European Union (EU) Trade Commissioner Catherine Ashton (1st L) in Beijing, capital of China, Sept. 9, 2009. Wang also urged the EU to recognize China's status as a market economy at an early date. The EU would like to adopt a pragmatic attitude in solving problems in bilateral trade and investment, and create a favorable environment for deepening economic and trade cooperation with China, said Ashton during the meeting. In Ashton's speech at the University of International Business and Economics earlier Wednesday, she called for the EU and China to "work on outstanding issues" in order to strengthen trade relations, the European Commission said in a press release on its website. Ashton, who began the visit on Sept. 6, said during the meeting that she was glad to see what was happening in China with her own eyes. In May, Ashton and Wang held talks in Brussels as co-chairs of the EU-China High Level Economic and Trade Dialogue, which set the strategic direction for the bilateral economic relationship and identified challenges and opportunities. Currently, China and the EU are one of the most important trade partners to each other. Bilateral trade volume reached 425.6 billion U.S. dollars in 2008. During her visit, Ashton was scheduled to meet with Chinese Commerce Minister Chen Deming and Foreign Minister Yang Jiechi, and attend the 13th China International Fair for Investment and Trade in Xiamen city of southeast Fujian Province.
URUMQI, Aug. 13 (Xinhua) -- A delegation of foreign diplomats in China on Thursday visited Shihezi city in northwest China' s Xinjiang Uygur Autonomous Region, voicing their appreciation to the development model of the city. Shihezi city, some 150 km northwest of Urumqi, is a young city which was established in the 1950s in the gobi of Xinjiang. With the development of some 60 years, the city has become one of the most developed cities in the autonomous region. In the early phase of the city' s development, Shihezi focused on reclaiming land in the desert for agriculture. Meanwhile, the city began to establish its industry system and high-tech in recent years in order to reach a comprehensive development. Bangladeshi Ambassador to China Munshi Faiz Ahmad takes photoes for peaches at a modern agricultural garden in Shihezi, northwest China's Xinjiang Uygur Autonomous Region, Aug. 13, 2009.Mohamed Abd El Aziz, general manager of Xinjiang Alzeeh Textile Co. Ltd, a Saudi-invested private company, said that the local government has launched a series of preferable measures to attract investments. After visiting the workshop of the textile company, which has an investment of 50 million U.S. dollars and covers an area of 200,000 square meters, Kuwaiti ambassador Faisal Rashed J. Al-Ghais said he has the plan to introduce Kuwaiti companies to invest here to boost bilateral cooperation of the two sides. At present, textile products of the company are exported to European and Asian markets. Besides industry development, the city has also paid much attention to the development of agricultural technology, particularly the irrigation system in the water-shortage area. Diplomats visit a workshop of a textile company in Shihezi, northwest China's Xinjiang Uygur Autonomous Region, Aug. 13, 2009The diplomats also visited Xinjiang Tianye Group Co. Ltd, a leading company of water-saving technology and recycle economy based in Shihezi. Syrian ambassador Khalaf Al-Jarad said there is no waste and pollution by introducing the technology of the company, which realizes the aim of fully making use of resources. Kuwaiti ambassador Faisal Rashed J. Al-Ghais said it' s a good method to develop this kind of technology in the area and set a good example for other countries and regions in water-shortage areas to develop agriculture and recycle economy. Togolese ambassador to China Nolama Ta Ama, also head of the diplomatic delegation, voiced his appreciation to the achievements of the reclamation projects in Shihezi. "We appreciate your efforts of reclamation to build such a beautiful and livable city in the desert," said Ama, adding that the people here live harmoniously with each other and with the nature. The foreign diplomats, who will leave for Beijing on Friday, also visited a museum on Xinjiang' s reclamation and Shihezi University in the city.
BEIJING, Oct. 9 (Xinhua) -- China's retail sales of consumer goods totaled 570 billion yuan (about 83.5 billion U.S. dollars) during the National Day holiday, with average daily sales up 18 percent compared with the same period of last year, the Ministry of Commerce said Friday. Sales of household appliances soared during the eight-day holiday which started from Oct. 1. Among them, high-definition flat screen TV sets, digital cameras, side-by-side refrigerators and 3G mobile phones are consumers' favorites. In the case of Kaiyuan Mall in Xi'an, capital of Northwest China's Shaanxi Province, sales of household appliances gained by 34.7 percent year on year. Customers are seen at a shopping mall in Shanghai, east China, Oct. 8, 2009 Jewelry and cars became hot sellers as well. The sales of jewelry of Caishikou Department Store in Beijing topped 100 million yuan, up 30 percent year on year. Car sales of major car-selling companies in Southwest China's Chongqing Municipality increased by 71.7 percent year on year. The selling boom in the home appliance and car sectors was partly stimulated by a policy approved by the State Council in June this year, aiming to spur domestic consumption by subsidizing buyers of cars and household appliances, according to the ministry. For example, consumers can first sell their old household appliances to recycling companies and obtain a certification card from the recyclers. Card holders then can purchase new appliances with a 10 percent cut in prices when showing retailers the card. Meanwhile, sales promotion in major cities also played an important role in the holiday consumption boom.