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ADDIS ABABA, Nov. 10 (Xinhua) -- China's top legislator Wu Bangguo said here on Monday that his country attaches great importance to its development of relations with Ethiopia. "My current visit to Ethiopia is aimed at bringing the existing all-round cooperative partnership to a new level and injecting new life into the traditional friendship between the two sides," said Wu Bangguo, chairman of the Standing Committee of China's National People's Congress (NPC). Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress(NPC), the country's top legislature, meets with Ethiopian President Girma Wolde Giorgis (R) in Addis Ababa, capital of Ethiopia, on Nov. 10, 2008. "This is my first visit to Ethiopia. During my visit I witness the Ethiopian people's affection towards the Chinese people, and Iextend my good wishes to the Ethiopian people," said Wu during his meeting with Ethiopian President Girma Woldegiorgis. "As a true friend of the Ethiopian people, we are happy to see the achievements made by Ethiopia in implementing the agriculture-led Industrial development plan in recent years. We are also happy to see that Ethiopia has become an example of how to meet the UN Millennium Development Goals (MDGs) ." "I yesterday had very good talks separately with Teshome Toga, speaker of Ethiopian Council of People's Representatives, and Speaker of Ethiopian Federal Council Degefi Bula, reaching many important consensuses," said the Chinese top legislator. During his talks with the two Ethiopian speakers, the two sides agreed to strengthen exchanges and cooperation between the two countries' legislatures as part of their efforts to push for improvement of people-to-people friendship, strengthening mutual political trust and promoting mutual benefit in economic cooperation, according to Wu. Wu is on a five-African nation tour. Ethiopia is the third leg of his two-week-long visit to Africa. For his part, Ethiopian President Girma said his country is satisfied with the better relations with China. The president said he is very happy with China's decision to set up an agricultural technology demonstration center in Ethiopia. He believed the demonstration center is conducive to furthering the agricultural cooperation between Ethiopia and China, improving Ethiopia's agricultural development level and helping the country's efforts to reduce poverty. During the talks, Wu appreciated Ethiopia's commitment to the one-China policy. Wu pledged that China will speed up the construction of the demonstration center, which helps deepen the realistic cooperation in areas like farming.
BEIJING, Nov. 1 (Xinhua) -- In the space of a year, Yang Chanjuan's career plan has changed direction. A soon-to-graduate college student in economics, Yang is feeling her fortunes being buffeted by the financial crisis. Yang was recently told by her schoolmates already working in the financial sector that their companies would cut staff, or there would no bonus this year. Amid the turmoil and full of uncertainty, a job in banking or securities company was no longer desirable to her. As a result, she decided to apply for a government job. Yang's change in career plan came as the financial crisis is spreading around the world. As it is now beginning to hit the real economy, more and more people, not only those in banks, have lost their jobs. International Labor Organization (ILO) estimated earlier that the financial crisis would cost 20 million jobs globally by the end of 2009. The ILO said the new projections could prove to be underestimates if the effects of the current economic turmoil are not quickly confronted and plans laid for the looming recession. Migrant workers fill in application forms at a job fair in Chongqing, southwest China on Jan. 1, 2008. International Labor Organization (ILO) estimated earlier that the financial crisis would cost 20 million jobs globally by the end of 2009. In the birthplace of the crisis, the United States, big companies from Goldman Sachs to Coca Cola, Motorola to Alcoa, have all announced their job cut plans. Economists believed the jobless total could increase by 200,000. Back to China, unemployment now becomes a concern too. Although with 2-trillion U.S. dollars of foreign reserves, a budget surplus and a controlled capital market, China would suffer limited direct impact from the crisis. However, weakening demand from its major markets, North America and Europe, is now leading China's real economy in the export sectors into a tough situation. In China's coastal areas, export enterprises are now struggling with soaring labor cost and fewer orders from foreign customers. Many toy factories in South China's Guangdong Province were shut from January to July this year. Earlier last month, two big factories of a Hong Kong listed toy-maker were shut. As a result, 7,000 workers lost their jobs. Affected by the global financial crisis, the company was suspended from trading thus it faced severe shortage of current funds. Statistics from the Ministry of Commerce showed that China's export suffered a growth slowdown in the first three quarters compared with the same period last year -- from 27.1 percent to 22.3 percent. The government said the gross domestic product (GDP)growth rate in the first three quarters this year slowed to 9.9 percent - a 2.3 percentage points fall compared with the same period last year. "The greatest impact is on these labor-intensive, small and medium-sized export enterprises," said Wang Dewen, a labor economist from China Academy of Social Sciences. These export-oriented enterprises that make China the world's workshop, are mainly small and medium-sized and vulnerable to market changes. These are China's major employers, absorbing 70 percent of the aggregate 20-million new jobs every year. Wang said that the lower-end labor market, especially the migrant workers who are the biggest source of employees in the export enterprises, would suffer from unemployment. As the crisis is now just beginning to hit the real economy, the whole situation could be worse if there is no countermeasure. The fear of unemployment is also hovering over other places. College students and white-collar workers are now worried about their future in the open market.
BEIJING, Dec. 20 (Xinhua) -- Chinese Vice President Xi Jinping on Saturday called on officials and party members to well study two new guidelines while learning and implementing the Scientific Outlook on Development. Xi told a video conference here that President Hu Jintao's speech at the event to commemorate the 30th anniversary of the 3rdplenary session of the 11th Communist Party of China (CPC) Central Committee on Thursday was an important guideline for Chinese people to bring the socialism with Chinese characteristics to a new stage. Through this speech, all CPC members will fully understand the achievements in the past three decades and the bright future of the country, he said. All the party members should realize their responsibility, fear no risk and remain resolved against any disturbance, he said. Xi urged officials and party members to fully understand and implement the guidelines set at the annual Central Economic Work Conference. In September, the CPC launched a one and a half year campaign to study and apply the Scientific Outlook on Development, which was adopted by the party at the 17th CPC National Congress in October 2007. Now the campaign has entered a stage that officials should find out major problems that holds back the Scientific Development, Xi said. Everyone should work hard to identify the exact problems and the cause of the problems in a bid to work out effective solutions, he said.
BEIJING, Nov. 11 (Xinhua) -- China's top political advisor Jia Qinglin on Tuesday called for more efforts to consolidate and develop an equal, unified, cooperative and harmonious relationship among all ethnic groups. All ethnic groups were inseparable, he said at a meeting with a 49-strong delegation of minority role models and local leaders in Beijing. Authorities in minority areas should work to rebuild shared growth and prosperity, and implement policies on minority regional development. The delegation from southwest China is scheduled to visit Shanghai, and southern China after leaving Beijing. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference(CPPCC), meets with members of a delegation of China's ethnic minorities in Beijing, China, Nov. 11, 2008