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BEIJING, April 5 (Xinhua) -- China's cement production expanded 10.3 percent year on year to 159 million tonnes in the first two months, amid the booming fixed-asset investment, data released by the Ministry of Industry and Information Technology (MIIT) have shown. The growth rate was 6.8 percentage points higher than that for December, as the fixed-asset investment accelerated due to the government's 4 trillion yuan (584.8 billion U.S. dollars) stimulus package, according to the MIIT data released on Friday. The wholesale price was 284 yuan per ton, 5 yuan cheaper than the price peak in November, but 27.8 yuan higher than that for January. China's urban fixed asset investment rose 26.5 percent year on year to 1.027 trillion yuan (150.35 billion U.S. dollars) in the first two months, as the government's stimulus plan propped up construction of housing and railways. MIIT figures showed that the output value of the building material sector rose 14 percent year on year in the January-February period, two percentage points higher than that for December. The figures were calculated based on the comparable working days in the first two months, since China's Lunar New Year holiday fell in February last year, but in January this year. Zhu Hongren, official with the MIIT said the building material sector was back on track after the stimulus plan showed effect. However, the excess production was still prominent, and efforts must be made to eliminate outdated capacity.
BOAO, Hainan, April 18 (Xinhua) -- Former U.S. President George. W. Bush said Saturday that East Asia is playing a bigger role in global economy, and the world economic center has moved from Atlantic to Asia Pacific. The Asia Pacific takes up 55 percent of the global economy, and it is of vital interest to stay "heavily engaged" with the countries in the region, he said at a banquet speech held during the Boao Forum for Asia (BFA) annual conference 2009. Former U.S. President George W. Bush gives a keynote speech at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on Saturday. "That's why I have never missed a single APEC meeting when I was in office, because I know how important it is to the prosperity," he said. "The global financial system does need reform, needs greater transparency," he noted. "Accessible banking standard is needed to be in place to prevent over leverage. A better warning system is needed to be put into place to anticipate crisis," he said. Long Yongtu (L), Secretary General of Boao Forum for Asia (BFA), welcomes former U.S. President George W. Bush at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on SaturdayHe said that 20 years ago, a meeting of G7 or G8 was enough to sort out the problems, since they comprised a large share of the global economy. But now they are no longer significantly large, so such a meeting has to expand to 20, said Bush. "We learn lessons from the past that we are intervened in close coordination with each other," he said. As the 43rd U.S. president, Bush spoke out the fact that he had maintained good personal relations with China. He said making friends with Chinese leaders made it easier to do diplomacy. Long Yongtu (L), Secretary General of Boao Forum for Asia (BFA), gives a speech while former U.S. President George W. Bush listens at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on Saturday. He said changes in China are marvelous, and to have discussions without China sitting at the table makes no sense. He stressed the world must resist isolation and protectionism, and must resist the temptation to over-correct. "More we interact, more quickly we can succeed," he said. In mid-March, Bush gave his first speech after leaving office in Calgary of Canada, which stirred up a protest of 200 people and shoe throwing outside the event, according to media reports.
BEIJING, Feb. 8 (Xinhua) -- Irrigation has covered 52.7 percent of the wheat farmland in drought-hit provinces in China by Saturday, said the Ministry of Agriculture. A total of 85 million mu (about 5.67 hectares) of wheat land have been irrigated in eight drought-stricken provincial regions, the ministry told a meeting on Sunday. Minister Sun Zhengcai said it is of importance to fully use machines in the fight against drought. People irrigate a wheat field in Laocheng Township of Changge County, central China's Henan Province, Feb. 3, 2009. Henan, one of China's key wheat producing regions, has suffered from drought since Oct. 24, 2008. Some 2.9 million hectares of farmland in Henan were affected He asked local governments to increase subsidies for farmers to buy more irrigation-related and water-saving equipments, and make every effort to expand the irrigation coverage and save water. By Saturday, 152 million mu of wheat farmland, which accounted for 95 percent of the drought-stricken crops in China, was affected in eight provincial regions including Hebei, Shanxi, Anhui, Jiangsu, Henan, Shandong, Shaanxi and Gansu. Rain and snow from Friday to Sunday in the southeastern part of northwest China and the southwestern part of north China has reduced the area of drought-affected farmland by 20 million mu. China experienced the most severe drought for decades. As of Saturday, 299 million mu of crops, 4.42 million people and 2.2 million heads of livestock were affected. The crops affected was 110 million mu more than the average level during the same period in past years. During a visit to central China's drought-hit Henan Province on Saturday and Sunday, Chinese Premier Wen Jiabao has urged officials in drought-hit areas to place "top priority" on relief work as agricultural stability concerns China's bid to revive its economy. China has declared the highest level of emergency in response to the drought, employing artificial means to induce rains and allocating 86.7 billion yuan (about 12.69 billion U.S. dollars) as subsidies to farmers. In addition, the central government has decided to earmark 400 million yuan to local governments for drought relief.
PORT LOUIS, Feb. 16 (Xinhua) -- Chinese President Hu Jintao arrived Monday in Port Louis, the capital of Mauritius, for a state visit aimed at enhancing bilateral friendship and cooperation. He was greeted at the airport by Mauritian Prime Minister Navinchandra Ramgoolam. Chinese President Hu Jintao (L Front) shakes hands with Mauritian Prime Minister Navinchandra Ramgoolam greeting him upon his arrival in Port Louis for a state visit Feb. 16, 2009. "The China-Mauritius relationship has become a model of solidarity and cooperation between two developing countries," Hu said in a statement released upon his arrival. The two countries have carried out fruitful cooperation in such fields as economy, trade, culture, education and tourism since they forged diplomatic ties in 1972, Hu said. Chinese President Hu Jintao (L Front), accompanied by Mauritian Prime Minister Navinchandra Ramgoolam (R Front), inpsects the honor guard upon his arrival in Port Louis for a state visit Feb. 16, 2009His visit will enhance mutual understanding and trust, deepen the traditional friendship and promote mutually beneficial cooperation between China and Mauritius, said the Chinese president. It will also help take China-Mauritius relations to a new high, Hu added. Chinese President Hu Jintao (R Front), accompanied by Mauritian Prime Minister Navinchandra Ramgoolam (L), inpsects the honor guard upon his arrival in Port Louis for a state visit Feb. 16, 2009. During the visit, the last leg of his five-nation "journey of friendship and cooperation," Hu is expected to meet with Mauritian President Anerood Jugnauth and hold talks with Ramgoolam. The two countries will sign a number of cooperation documents during Hu's two-day visit. Hu flew into Port Louis from Dar es Salaam, after paying a state visit to Tanzania. He earlier visited Saudi Arabia, Mali and Senegal.
DAR ES SALAAM, Feb. 14 (Xinhua) -- Chinese President Hu Jintao arrived in the Tanzanian capital of Dar es Salaam Saturday night for a state visit to the eastern African nation. Hu was greeted by Tanzanian President Jakaya Mrisho Kikwete and a local performance at the airport. In a statement released upon arrival, Hu said the bilateral relationship has been developing in a sound and smooth way since 45 years ago when the diplomatic ties were established. "It can be viewed as an exemplary relationship of sincerity, solidarity and cooperation between China and an African country and between two developing countries," Hu said. The president said his visit is aimed at enhancing mutual trust, expanding cooperation, planning for the future and lifting the friendly and cooperative relations to a new high. Hu said he is expecting an in-depth exchange of views with President Kikwete and other Tanzanian leaders on the bilateral relations and regional and international issues of mutual interest. During his stay here, Hu will also meet with Zanzibar President Amani Abeid Karume, attend the completion ceremony of Tanzania's state stadium, visit a cemetery for Chinese experts, and deliver a key-note speech at a welcoming meeting on Monday. Chinese President Hu Jintao (R, front) is greeted upon his arrival at the airport in Dar es Salaam, Tanzania, Feb. 14, 2009. Hu arrived here on Saturday night for a state visit to Tanzania.Tanzania is the fourth stop of Hu's five-nation tour, which was described as "a journey of friendship and cooperation." Earlier, Hu visited Saudi Arabia, Mali and Senegal. The week-long tour will also take him to Mauritius before flying back home on Tuesday. This is Hu's second African tour since the Beijing Summit of the Forum on China-Africa Cooperation in 2006 when he announced eight policy measures to promote ties with Africa, including massive tariff cuts and debt exemptions for scores of African countries, and doubling aid to Africa over a three-year period. In talks with Malian President Amadou Toumany Toure on Thursday, Hu said China would increase aid to African countries, cancel part of their debts, and expand trade with and investment in the poorest continent despite the world financial crisis. The year 2009 will witness a 200-percent increase in aid accords with African countries in value terms as compared to 2006,according to the Chinese Commerce Ministry. "In 2009, the Chinese leaders will continue to take the development of relations with Africa as a top priority of Chinese diplomacy," Chinese Foreign Minister Yang Jiechi told Xinhua last month.