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ALGIERS, Nov. 4 (Xinhua) -- Visiting top Chinese legislator Wu Bangguo held talks Wednesday with Abdelaziz Ziari, speaker of the Algerian National Assembly, on issues of common concern and they agreed to boost bilateral relations and cement cooperation between the two parliaments. China and Algeria always handle the bilateral relations from a strategic perspective, said Wu, chairman of the Standing Committee of China's National People's Congress (NPC), highlighting that the relations have endured the test of time since the two countries established diplomatic relations 50 years ago. Wu expressed his appreciation of Algeria's adherence to the one-China policy, noting that China respects the choice Algerian people have made on path to develop their own nation. China feels satisfied with the current bilateral cooperation especially with the two-way collaboration at multilateral occasions on issues of UN reform, human rights and anti-terrorism, he said. Wu offered a four-point proposal to promote China-Algeria relations: firstly, maintain high-level exchange and increase political mutual trust; secondly, expand the substantial cooperation especially in infrastructure, agriculture and energy for mutual benefit; thirdly, intensify the exchange on humanitarian issues to carry out the traditional friendship; and lastly, strengthen coordination with an aim to safeguard the common interests. Ziari, for his part, called Wu's visit to Algeria "a big event "for the bilateral relations and "a symbol" marking a higher level of the inter-parliamentary cooperation. The speaker agreed with Wu's views on the bilateral relations and recalled the fact that China was the first non-Arab country who recognized Algeria's independence and forged the diplomatic relations with it, while expressing his gratitude to China's assistance to Algeria's national development. Wu Bangguo(2nd L, front), chairman of the Standing Committee of China's National People's Congress, and Abdelaziz Ziari (2nd R, front), Speaker of the Algerian National Assembly, sign on a memorandum on the exchange and cooperation between the top legislatures of China and Algeria in Algiers, Algeria, on Nov. 4, 2008.Algeria and China shared a solid foundation to foster ties and Algeria would unswervingly support China's constructive role on world affairs and make joint efforts with China to transfer the political will of developing ties into real actions so as to enrich the bilateral cooperation and enhance the strategic and cooperative ties, Ziari said. On the inter-parliament cooperation, Wu said one of his main purposes of the visit is to further promote the friendly relations between the two parliaments and push forward the cooperation among the various special inter-parliamentary committees and friendly groups. Ziari highlighted the commitment of the Algerian National Assembly to promoting the friendly relations with the NPC, calling on the two sides to boost cooperation so as to inject new vitality into the bilateral cooperation. The two parliament leaders also signed a memorandum on the inter-parliamentary cooperation after the talks. Wu, who is on the first leg of his five-nation Africa tour, also met with Algerian President Abdelaziz Bouteflika in the day. Wu spoke highly of the bilateral relations, saying the ties between the two nations are "in their best time." Wu said the good political relations should work effectively to promote the development of the trade cooperation, pledging that China would make concerted efforts with Algeria to step up cooperation with mutual benefit and give a fully play to the two business communities especially on some big projects which could help push forward the overall development. Wu Bangguo (L, front), chairman of the Standing Committee of China's National People's Congress, meets with Algerian President Abdelaziz Bouteflika in Algiers, Algeria, on Nov. 4, 2008.The Chinese government would encourage Chinese enterprises with good reputation to start their business and invest in Algeria, and it also welcomes Algerian companies to further their investment, Wu told Bouteflika. Echoing Wu's views, Bouteflika said China is a sincere friend of Algeria, noting that the North African country expects to work closely with China and hopes to see more Chinese enterprises to invest in Algeria. Algeria and China should work together on such fields as energy and resource, infrastructure and telecommunication, the president added. The two leaders also called on the concerned parties of the China-Africa Cooperation Forum to strengthen their cooperation to further carry out the agreements inked at the Beijing Summit and focus on the next-phase cooperation at an early date.

BEIJING, Oct. 31 (Xinhua) -- Chinese President Hu Jintao has called for creating more domestic needs to keep stability of the country's financial market and economic growth. Hu, also general secretary of the Communist Party of China (CPC) Central Committee, made the remark during his visit to Yulin city in northwest China's Shaanxi Province from Oct. 28 to 29. General Secretary of the Communist Party of China (CPC) Central Committee Hu Jintao (2nd R, front), who is also Chinese President and Chairman of the Central Military Commission, chats with local farmers about the corn harvest in Xiaojihan Village of Dajihan Township in Yuyang District during his visit in Yulin City of northwest China's Shaanxi Province on Oct. 28 and 29, 2008.He told the accompanying provincial Party chief Zhao Leji and governor Yuan Chunqing that the basic situation of China's economic development was still fine amid the international financial tsunami and the world economy's slowdown. Government at all levels and the public should have firm confidence and be revivified to strive, the President told local officials. And government should make more efforts to create domestic needs, especially the consuming needs. It also should intensify the fundamental status of agriculture in the country's economy, improve the economic growth methods and deepen the opening up and reform policy, he said. General Secretary of the Communist Party of China (CPC) Central Committee Hu Jintao (front), who is also Chinese President and Chairman of the Central Military Commission, visits the command headquarters of Jinjie coal mine during his visit in Yulin City of northwest China's Shaanxi Province on Oct. 28 and 29, 2008.President Hu made the visit soon after the 17th CPC Central Committee ended its third Plenary Session which had announced favorable measures for farmers, a move to inspect local implementation by himself. In visiting a village of Yulin, the President promised to local corn planters that the government would gradually increase subsidies to croppers and raise the minimum prices of crops purchased from farmers. Hu Jintao told the farmers to fully trust the rural land policy, to lease their contracted farmland or transfer their land-use right, which was just adopted by the CPC's session. The new policy was expected to boost the scale of operation for farm production and provide funds for farmers to start new businesses. Hu Jintao stressed that the transfer of the land-use must accord with farmer's own will. In another village Hu Jintao told livestock breeders to rely on science and technology to expand their business and increase incomes. Yulin city is rich in coal and a major producing base of carbinol and coal products. During his visit to a coal mine, President Hu urged workers and administrators to increase their productivity and give more attention to the safety of production. In the neighboring coal-fired power plant, Hu Jintao said that building a power plant close to the mine could reduce transport costs and pollution. He encouraged the plant's workers to make all-out efforts to produce more power to be transferred to the country's eastern part, making more contribution to relieving the power shortage. President Hu also visited a carbinol company in the city, which produces the fuel substitute, by refining coal. He hoped the company could initiate more independent innovations and create more use for the coal to diversify the country's energy consumption. In the outskirts of the city, which borders a desert on China's Loess Plateau, Hu inspected one of the four forest walls planted to break sand storms and prevent soil erosion.
BEIJING, Nov. 2 (Xinhua) -- China's gross domestic product (GDP) growth is expected to slow to 9.4 percent in 2008 from last year's 11.4 percent as the shrinking exports will cool the world's fourth largest economy, according to a Chinese credit rating agency report on Sunday. The fundamentals of the economy are sound, but falling export orders would take a toll on the national economy in the short term, and domestic consumption needed time to play a bigger role, said the report released by the China Chengxin International Credit Rating Co. (CCXI), a joint venture of China's first rating agency China Chengxin Credit Management Co. Ltd. and U.S.-based Moody's Corporation. The changing external economic environment and the burst of domestic asset bubbles would exacerbate the slowing economy, said the report. The proactive fiscal policy was key to preventing the economy from falling and there was room for further cuts in bank reserve requirement ratios and interest rates. It predicted the economy would gain 8.6 percent in 2009, but it gave no explanation of its forecast. China's economy grew at 9 percent in the third quarter, the slowest in five years, as the global financial crisis sapped demand for Chinese goods, and domestic industrial production waned in response to weak demand and rising raw material costs. The government has lowered interest rates three times in the last two months, increased export rebates and cut property transaction taxes to boost domestic consumption. The report said the world financial crisis would have limited direct impact on the domestic banking system, but it warned Chinese exporters of default risks of foreign buyers. Insurers and securities companies would be affected as the domestic capital market was growing more connected to the international market. In September, the Manila-based Asian Development Bank, projected China's GDP growth to fall to 10 percent this year and further ease to 9.5 percent in 2009. The slow-down was a result of the combined effects of a reduced trade surplus, slower growth in investment, and the global economic downturn, the Asian Development Outlook 2008 Update has said.
BEIJING, Oct. 23 (Xinhua) -- China's top legislature on Thursday started to review a draft law on food safety, which sets stricter food quality standards and demands greater government responsibility. The draft, which was revised after the recent contaminated dairy products scandal, would ban all chemicals and materials other than authorized additives in food production. Health authorities are responsible for assessing and approving food additives and setting their usage. "Only those proved to be safe and necessary in food production are allowed to be listed as food additives," the draft says. Food producers must strictly stick to the food additives and their usage approved by authorities, according to the draft In the tainted dairy products scandal, melamine, often used in the manufacturing of plastics, was added to sub-standard or diluted milk to make protein levels appear higher. At least three infants died and more than 50,000 were sickened after drinking the contaminated milk. The draft also prohibits food safety supervision authorities from issuing inspection exemptions to food producers. China began exempting companies producing globally-competitive products from quality inspections in 2000 to help them avoid repeated examinations and reduce their burden. The practice encountered severe criticism when it was discovered that many of the companies producing and selling melamine-tainted dairy products had national inspection exemption qualifications. The draft was tabled to lawmakers at a bimonthly session of the Standing Committee of China's National People's Congress (NPC).
来源:资阳报