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BEIJING, April 2 (Xinhua) -- China needs to expand the Renminbi, or yuan, cross-border settlement efforts when conditions allow, the People's Bank of China (PBOC) said Friday."It is necessary for China to seek appropriate timing to expand the cross-border yuan settlement to more cities, enterprises and overseas pilot areas," said an international financial market report released on the central bank's website Friday.But the report did not detail the conditions for appropriate timing.The foreign trade volume settled in yuan is still small compared with China's total foreign trade volume, said the report, without specifying figures.Official figures from China's General Administration of Customs showed that the country's exports in 2009 stood at 1.2 trillion U.S. dollars, down 16 percent from 2008.China's State Council, or Cabinet, announced in April 2009 a pilot program to allow exporters and importers in five cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- to settle cross-border trade deals in yuan.The latter four cities are all in south China's Guangdong Province.The Bank of China (BOC), China's largest foreign exchange bank, announced on July 6 last year that its Shanghai branch had received the first cross-border yuan trade settlement deal from the BOC (Hong Kong).The government is considering enlarging the scope of cross-border yuan settlement from commodity trade into service trade, said the report.Yuan settlement was in accordance with the market demand, said Cao Honghui, a researcher with the Chinese Academy of Social Sciences, but increasing the yuan's global acceptance would be decided by factors such as the country's economic development and the financial system development.

BOAO, Hainan, April 10 (Xinhua) -- World politicians and entrepreneurs attending the annual Boao Forum for Asia (BFA) Saturday called to prevent trade protectionism from posing a real threat to the fragile global economic recovery.The worst financial crisis since 1930s plunged the world economy into downturn last year, the first time since the Second World War. But many economies are recovering at unexpectedly quicker rates as massive fiscal stimulus has paid off.The world economy was in a recovery, but the global demand was still worryingly weak, Yi Xiaozhun, China's deputy commerce minister, said at the BFA meeting in Boao in south China's island province of Hainan.Many signs also showed a rise of trade protectionism as more and more countries took protectionist measures, Yi said.Former Chinese Vice Premier Zeng Peiyan said the once strong support for international cooperation appeared to be eroding as the financial crisis subsides, which is "even more worrying."Some nations were verbally against protectionism, but they in fact imposed anti-dumping or anti-subsidy measures and made a fuss about exchange rate problems, Zeng wrote in the BFA official publication.Up to 250 anti-dumping complaints were raised last year, 20 percent more than a year earlier, and 41 anti-subsidies complaints, up 193 percent year-on-year, according to the World Trade Organization (WTO).China has become the biggest victim of trade protectionism, according to the U.K.-based Center for Economic Policy Research. A total of 61 trading partners had taken 160 trade protectionist measures against the world's third-largest economy between November 2008 and January 2010, Further 111 protectionist measures are in the pipeline.But China organized buying sprees to Europe and the United States amid the financial crisis, quite a stark contrast to the rising trade protectionism.Furthermore, China posted 7.24 billion U.S. dollars of trade deficit in March, the first monthly deficit in six years, the General Administration of Customs said Saturday.Long Yongtu, BFA's secretary-general, told Xinhua that the post-crisis period needed more unity and cooperation, but trade protectionism damaged the basis for unity and sent a wrong signal.Victor Fung, Chairman of the International Chamber of Commerce, said that if the countries resort to protectionism, the economic recovery, already weak due to relatively high unemployment, would be further left in peril.The Group of 20 would continue to stay vigilant against trade protectionism as the global economy faced uncertainties on the road to recovery with high unemployment rate this year, according to a WTO report released in early March.Fung said most importantly nation leaders should be told not to abuse protectionism and to avoid trade frictions."The global economy would record solid recovery if no more protectionist measures were taken in the coming 12 months," he said.The promotion of Doha round of trade talks, stalled for years over differences in agricultural and services sectors, was an effective tool to curb all kinds of protectionism, Fung said."Free trade is very important to global economic recovery," said Yi. He added that the Doha round, if completed, would help create a large number of jobs and guarantee global economic recovery.Goh Chok Tong, Senior Minister and former Prime Minister of Singapore,also called to guard against trade protectionism under the green and environmental protection labels.The developed countries should help developing countries to upgrade technology rather than abusing protectionism, Goh said."We should work together to resist all kinds of trade protectionism, otherwise there will be no economic recovery and growth," Yi said.The three-day conference, under the theme of "Green Recovery: Asia's Realistic Choice for Sustainable Growth," will conclude on Sunday.The forum is committed to promoting regional economic integration and bringing Asian countries even closer to their development goals. It attracted around 2,000 political and business heavyweights and experts from Asia and around the world.

BEIJING, June 6 (Xinhua) -- The Communist Party of China (CPC) Central Committee and the State Council, China's Cabinet, on Sunday jointly issued the country's Medium and Long-term Talent Development Plan (2010-2020), which sets a blueprint for creating a highly skilled national work force.The plan says as part of China's modernization process, people's education must be improved. China has to transform itself from being labor-rich to talent-intensive.The plan aims to increase the ratio of citizens with a higher education background in the work force from 9.2 percent in 2008 to 20 percent by 2020.The plan lists six major categories of "talent" that the government will help cultivate, ranging from political leaders, entrepreneurs to high-tech researchers and professional social workers.By 2020, more than 85 percent of government officials will have four years of college education, it says.The government will conduct large-scale training programs to encourage more college graduates to work in China's rural areas to help local farmers live a better life, the plan says.In terms of professional social workers, the plan says the government will put measures in place to train about 3 million social workers by 2020.

BEIJING, April 23 (Xinhua) -- China's trade surplus this year will see a decline from the 2009 level despite a recovery in foreign trade, the People's Bank of China, the central bank, said here Friday.An increase in orders would push up export growth to more than 20 percent in the second quarter, while import growth would also stay high due to surging domestic demand and rising import prices, said the bank in a report released on its website."Exports have returned to pre-crisis levels and imports have hit all-time highs after seasonal adjustments," it said.The report said China still faced deteriorating trade conditions with rising trade protectionism and the unstable global economic recovery.China's trade surplus stood at 196 billion U.S. dollars last year. March saw its first monthly trade deficit in six years, with exports at 112.11 billion U.S. dollars and imports surging 66 percent to 119.35 billion U.S. dollars.The country's macro-economy would continue to improve after a better-than-expected 11.9 percent economic growth in the first quarter, said the report, adding, "The Chinese economy has had a good start this year."Companies are more willing to invest, while the people are showing stronger consumption demand," it said.Investment structure had been improved in the first quarter, with private investment rising 30.4 percent year on year, exceeding the 21.1-percent growth of government or state-owned enterprise investment, said the bank.China's retail sales surged 17.9 percent year on year in the first quarter, and fixed assets investment rose 25.6 percent, data from the National Bureau of Statistics showed.The bank also noted that "credit controls have seen initial results", as new yuan-denominated loans fell to 2.6 trillion yuan in the first quarter, 1.98 trillion yuan less than the corresponding period last year.The government has stated that the proactive fiscal policy and relatively easy monetary policy would continue this year, while repeatedly warning of assets bubbles, inflation risks and overheating industries.Soaring commodity prices were one of the government's major concerns, as the consumer price index, the main gauge of inflation, rose 2.4 percent year on year in March, nearing the government's upper limit of 3 percent inflation this year.The bank said it would continue to strengthen liquidity management and keep an "appropriate" growth of money supply, so as to maintain stable prices and strike a balance between maintaining economic growth, adjusting the economic development model and avoiding inflation risks.

NANNING, April 3 (Xinhua) -- The government of south China's Guangxi Zhuang Autonomous Region issued a fire ban Saturday ahead of the upcoming Tomb-sweeping Day, in a bid to prevent forest fires against the backdrop of a prolonged drought.According to the ban, tomb-goers are forbidden to burn paper money or incenses and to set off fireworks in forest zones from April 3 to 17.They are also banned from burning straws, leaves, charcoal and others in forest zones.Violators will be fined or even detained and prosecuted, according to the ban.As of Wednesday, the drought, which began in southwestern China last year, has left 19.4 million people with water shortages and affected 6.48 million hectares of farmland in Yunnan, Guizhou, Sichuan, Guangxi and Chongqing, according to the State Flood Control and Drought Relief Headquarters.It is a tradition for Chinese to visit family graves during the Qingming or Tomb-sweeping Day, which falls on April 5 this year. Memorial activities range from burning paper money to setting off fireworks.In 2008, the government made Tomb-sweeping Day an official holiday in response to public appeals.