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GUANGZHOU, April 18 (Xinhua) -- A research report of China's foreign trade sector Sunday predicted the world's largest exporter would more than double its foreign trade volume by 2020.It also called on China to improve the quality of foreign trade sector and to lower import tariffs to promote the nation's trade balance.The report, launched by the Ministry of Commerce (MOC) Sunday at the ongoing 107th China Import and Export Fair, the country's largest trade fair held in the southern city of Guangzhou, predicted the China's foreign trade volume would hit 5.3 trillion U.S. dollars by 2020.Merchandise exports will top other countries and be 2.4 trillion U.S. dollars in 2020, 10.1 percent of the world total, while imports will reach 1.9 trillion U.S. dollars and rank second largest, accounting for 8.2 percent of the world total, according to the report, jointly compiled by researchers with think-tanks under the MOC, the Ministry of Finance, and the Chinese Academy of Social Sciences.The report was seen by analysts and officials as a "road map" which lays out a theoretical basis for the reforms in China's trade policies and mechanisms over the next decade.The transformation of the foreign trade growth pattern has become an urgent requirement for China in the post-crisis era, said Vice Minister of Commerce Zhong Shan.Weighed on by the global downturn, China's foreign trade contracted to a three-decade low in 2009, with total volume down 13.9 percent year on year to 2.2 trillion U.S. dollars.Huo Jianguo, director of the Chinese Academy of International Trade and Economic Cooperation (CAITEC) under the MOC, said the financial crisis has revealed a series of substantial problems hidden behind rosy figures, as the nation's foreign trade has been expanded in an ineffective and imbalanced way, or at the cost of environment pollution.Analysts said the downturn had prompted China to adjust its exports structure, and shift focus on high-end manufacturing, energy-saving and environment-friendly industries and developing modern service industries.Li Gang, a research fellow with the CAITEC and leading writer of the report, said the global downturn has phased out a number of backward and less competitive enterprises while offering great opportunities for innovative enterprises to improve growth structure and strengthen their anti-risk capabilities.Although China reported a a deficit of 7.24 billion U.S. dollars in March, the first time over the past six years, analysts suggested decision makers to further expand imports by lowering tariffs, as a way to ease the nation's trade imbalance.Zhang Peng, a researcher with the Chinese Academy of Social Sciences, said China should increase imports of high-tech equipments, energy and resource products, and some agriculture and consumption goods in an attempt to address the trade imbalance.The nation's trade surplus has reached 1.3 trillion U.S. dollars over the last three decades, with foreign exchange reserves hitting 2.45 trillion U.S. dollars by the end of March, according to Zhang.Propping up world's economy recovery, China's foreign trade began to grow again in the first quarter, jumping 44.1 percent to 617.85 billion U.S. dollars, according to customs data.China would consolidate its position as a big trade power and make efforts to develop into a strong trader, and it would play a more active role in international trade arena, according to Zhong Shan.

BEIJING, April 8 (Xinhua) -- Chinese Vice Premier Li Keqiang met here Thursday with Portuguese Minister of State and Foreign Minister Luis Amado, calling for cooperation on areas like renewable energy between the two countries.China is undergoing transformation of the economic development pattern and adjustment of the economic structure and has huge market for "green economy" while the European countries including Portugal have advanced technology on renewable energy, said Li."The two sides could enhance exchanges and complement each other's advantages to achieve win-win results," said Li. Chinese Vice Premier Li Keqiang (R) meets with Portuguese Minister of State and Foreign Minister Luis Amado in Beijing, China, April 8, 2010.Li said China appreciated the role Portugal has played as a European Union member, hoping the two countries could continue to consolidate political trust and promote common development.Amado, who is paying an official visit to China from April 8 to 10, said Portugal regards China as its important partner in Asia and is willing to work with China to lift bilateral ties to a new level

BEIJING, April 29 (Xinhua) -- China's parliament on Thursday adopted a revision to the Law on Guarding State Secrets which narrowed the definition of "state secrets," in an effort to boost transparency.The amended law was approved by lawmakers at the end of the four-day bimonthly session of the National People's Congress (NPC) Standing Committee, or the top legislature, after three reviews, the first of which began last June.State secrets have a clearer definition in the amended law. They are defined as information concerning state security and interests and, if leaked, would damage state security and interests in the areas of politics, economy and national defense, among others.It also raises the level of government departments that can classify information a state secret.The National Administration for the Protection of State Secrets and local bureaus above the county level are responsible for national and local classification, respectively.Prof. Wang Xixin at Peking University Law School said the number of state secrets will decline as fewer levels of government departments have the power to classify information as a state secret."It will help boost government transparency," Wang said.Local officials often use the excuse "state secrets" to avoid answering inquiries from the public properly.After the amended law takes effect in October, governments under the county level will have to respond to public questioning with more openness and without the power to classify information as a state secret, Wang said.According to the amended law, there will be more complicated but standardized procedures to classify information a state secret which will eliminate "random classification."The amended law also grants more responsibility to classification departments and units, which will be penalized if they do not properly classify information.It also defines secrecy levels and authority limits, and clarifies time limits for differing levels of confidentiality and conditions for declassification.It says the time limit for keeping top-level secrets should be no more than 30 years; no more than 20 years for low-level state secrets; and at most 10 years for ordinary state secrets.Wang said reducing the number of state secrets will improve state secrets protection, as "the protection work would be difficult if there are many state secrets, and more manpower and resources would be used.""The more state secrets, the 'number' the public will be," he said.He said the revision to the law also enhances China's image on the international stage, as the country should narrow the gamut of state secret as it conducts increased international exchange.The call to amend the state secrets law strengthened when the State Council issued a regulation on government transparency in May 2008 which said "a broad definition for state secrets" is not in line with the public's right to know.INTERNET LEAKSThe rapid development of the Internet poses great challenges to the protection of state secrets, with Internet leaks of confidential information frequently occurring, observers say.The amended law requires Internet operators and other public information network service providers to cooperate with public and state security departments and prosecutors in probes of state secret leaks.Prof. Wang said, "Such stipulations are necessary," as fast information transmission can easily cause leaks of state secrets and many countries have similar requirements on network operators."If a sensitive photo is put online, people see it and they may obtain state secrets from it. That's very simple. But people cannot judge whether it is a state secret or not. They may take for granted the information has already been released by the government," he said."Information transmissions must be immediately stopped if they are found to contain state secrets, and once a leak has been discovered, records should be kept and it must be reported to the public security and state security departments in charge of confidentiality."The information relating to state secrets should be removed according to orders of relative departments," the amendment says.Wang said efforts must be made to ensure such clauses are not abused by authorities to invade citizens' privacy.He added more specific measures should be enacted to implement the rules."It should be carried out without harming the openness of the Internet," he said.

CHICAGO, May 22 (Xinhua) -- The macroeconomic control policies adopted by the Chinese government since mid-2008 have been proven successful, two economists said Saturday.Since late 2008, the Chinese government has taken a series of macroeconomic control policies to deal with the global financial crisis. The government carried on massive financial investment, some of which focused on real estate."In spite of some problems, the Chinese government has been making great progress in regulating and controlling the Chinese economy during the global financial crisis," Min Tang, a Chinese economist, said in an exclusive interview with Xinhua."Everything has two sides, good and bad. This macroeconomic control policy is an action taken to fight against a crisis," he said.Tang believed that whether or not the policies are successful should be judged from the macro perspective instead of a micro perspective."China was able to resume its rapid growth first when the global economy was still going downhill," Tang said, "China also successfully kept the confidence of its people and enterprises, which is more important than anything else. Therefore, the government's macro control is very successful."

WASHINGTON, April 12 (Xinhua) -- China hopes various parties will continue to step up diplomatic efforts and actively seek effective ways to resolve the Iranian nuclear issue through dialogue and negotiations, Chinese President Hu Jintao said here Monday.During a meeting with his U.S. counterpart Barack Obama, Hu also said China and the United States share the same overall goal on the Iranian nuclear issue.Hu said China stands ready to maintain consultation and coordination with the United States and other parties within the 5-plus-1 mechanism, which includes the permanent UN Security Council members Britain, China, France, Russia and the United States and Germany, and in the United Nations and through other channels.Hu stated China's principled position on the Iranian nuclear issue, saying China is always committed to upholding the international nuclear non-proliferation regime and peace and stability in the Middle East.

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