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BEIJING, Jan. 3 (Xinhua) -- China's building materials showed different momentum of growth in November 2011, with a slowing cement output growth and a speeding plate glass, according to latest statistics from the country's top economic planner.Cement output growth in November 2011 stood at 11.2 percent year-on-year, 6.1 percentage points lower than previous year, while plate glass production expansion reached 7.1 percent year-on-year, quickening by by 0.5 percentage points from previous year.Still, China's cement output reached 1.89 trillion tonnes in the first 11 months of last year, an increase 17.2 percent year-on-year, 1.6 percentage points faster than previous year.The output of flat glass, a sector fraught with overcapacity and duplicated construction problems, rose 17 percent year-on-year to 6.82 trillion weight boxes in the January-November period of last year, according to the NDRC.Profits of China's building materials industry surged 53.1 percent year-on-year to 243.7 billion yuan (38.68 billion U.S. dollars) in the first 11 months of 2011.To curb the overcapacity and repeated construction in the flat glass sector, the NDRC said in a statement in October 2011 that it would take move nationwide to clear up projects for construction of flat glass production facilities.
MINSK, Oct. 11 (Xinhua) -- Chinese telecommunications firm Huawei on Tuesday showcased its latest solutions in mobile broadband at an exhibition in Belarus.Focusing on the possibilities of expanding the capacity of mobile operators' networks, the solutions propose to use fourth-generation network standards and introduce elements of intelligent network resources.The exhibition also presented the latest generation of radios, transportation equipment, and terminal solutions."Mobile traffic is constantly increasing, but profit is not growing so fast - about 20 to 30 percent," Xu Zhidong, general director of Bel Huawei Technologies, said during the opening ceremony of the exhibition."We need to provide more services. In addition, the market should be presented by more terminal devices. The decisions, which are displayed at the exposition, will not only increase the volume of Internet traffic, but also increase average profit per subscriber," he added.Lu Guicheng, China's ambassador to Belarus, said Huawei has seen a very successful development, including in the Belarussian market.Huawei, China's largest telecommunications company, which began investing in Belarus in 2003, signed an agreement with the Eastern European nation last month to set up a network technology training center in Belarus for telecommunications technology research and training.It also agreed last month to help more than 300 Belarussian companies with their information technology construction over the next four years.
HAIKOU, Dec. 16 (Xinhua) -- China will actively push forward maritime cooperation with the 10 members of the Association of Southeast Asian Nations (ASEAN) in light of the guidelines on conduct in the South China Sea, a Foreign Ministry official has said.Assistant Foreign Minister Liu Zhenmin made the remarks during an international seminar on implementing the Declaration on Conduct of Parties in the South China Sea (DOC) and maintaining the navigational freedom and security of the waterway.Early next year, China will hold a senior officials' meeting and working group meeting with ASEAN countries on the implementation of the 2002 Declaration on the Conduct of Parties in the South China Sea (DOC), Liu said in an interview with Xinhua on the sideliens of the seminar held in Haikou, Hainan Province, from Dec. 14-15..The senior officials' meeting is a guiding mechanism for implementing the DOC at governmental level. Under it, China will hold a series of seminars and carry out a set of cooperative projects, so as to further advance cooperation with ASEAN nations, he said.Chinese Premier Wen Jiabao proposed to establish a three-billion-yuan China-ASEAN maritime cooperation fund at the 14th China-ASEAN summit and the Commemorative Summit to Celebrate the 20th Anniversary of China-ASEAN Relations in November.China hopes the fund will contribute to the implementation of the DOC and further enhance cooperation with ASEAN nations, said Liu.The State Oceanic Administration held a South China Sea oceanography seminar in Qingdao on Dec. 12, he said, adding China will hold a series of seminars on topics ranging from marine research, search and rescue, environmental protection, navigation safety and combating maritime crimes.Liu said the maintenance of maritime security as well as navigation safety and freedom is very important to East Asian countries, for the economic development of East Asia is largely export-oriented.As an important pathway for foreign trade for China, Japan, the Republic of Korea and the ASEAN nations, security on the South China Sea is critical for these countries' economic development, he said.Stressing that navigation freedom and security on the sea should be guaranteed, he said China will continue to strengthen cooperation with countries surrounding the South China Sea to protect against threats.The DOC was signed by China and the ASEAN countries in November 2002 as a code of conduct for all parties involved in diplomatic issues in the South China Sea.It is a political document aimed at safeguarding peace, stability and prosperity in the South China Sea, advancing pragmatic cooperation and creating favorable conditions for the interested countries to ultimately settle their disputes by peaceful negotiation.
BALI, Indonesia, Nov. 19 (Xinhua) -- Chinese Premier Wen Jiabao said on Saturday that an immediate task for East Asian nations in the face of the global financial crisis was to maintain continuous, rapid development of the region's economy.Addressing the 6th East Asia Summit, Wen said East Asian nations should provide momentum for the world economy's robust, sustainable and balanced development."We should continue to strengthen cooperation and the summit should play a strategic role in this regard," he said.Wen put forward a five-point proposal for boosting the regional economy:First, coping with the international economic and financial crisis should continue to be regarded as a priority, he said.East Asian nations should implement appropriate fiscal and monetary policies in accordance with their national conditions, shore up market confidence, and enhance coordination in the macro-economic policy and financial cooperation.Second, Wen said the region should earnestly carry out and improve agreed free trade arrangements, steadily advance the building of new free trade areas, and further open markets.The Chinese premier called on East Asian nations to counter protectionism and properly handle international trade frictions.Third, the region should encourage expansion of investment and increase investor confidence, he said.It should boost the inner drive for its development through such ways as industrial transfer and regional interconnection, Wen said.Fourth, he called for prioritizing sustainable development as a long-term cooperative goal, stronger cooperation in key fields, help for East Asian countries to transform their economic development model, and intensified cooperation in such areas as energy-saving, environmental protection, education and disaster control, so as to enhance development potential.His final point urged overcoming challenges brought by non-traditional security threats to create a better environment for development, and strengthening cooperation in the fields of information exchange, capacity building and emergency response.Wen said that, as a strategic forum, the EAS facilitated mutual understanding and cooperation between East Asian nations."Under the new situation, we should continue to regard the Association of Southeast Asian Nations (ASEAN) as the dominant power of cooperation at the summit and make efforts to seek and expand interest junctions," he said.China was willing to work with all sides to make the summit more fruitful and benefit more countries and peoples, the Chinese premier said.Echoing Wen's remarks, participants at the summit said under the current international political and economic situation, East Asian cooperation should continue to wield the influence of ASEAN domination and the existing mechanism to intensify mutual support and coordination, and deepen cooperation in the fields of economy and trade, finance, food security, energy security and disaster relief.
BEIJING, Nov. 5 (Xinhua) -- China said Saturday that positive and balanced outcomes were achieved at the sixth summit of the Group of Twenty (G20) held earlier this week in the southern French city of Cannes."All the sides were committed at the summit to further coordinating their macro-economic policies, stabilizing the financial market, prompting economic growth, improving global economic governance and working together to maintain the hard-won momentum of the economic recovery," said Ma Zhaoxu, spokesman of the Chinese delegation after President Hu Jintao returned from Cannes, where Hu and the leaders of other G20 members' met to tackle major issues affecting global economic recovery and financial stability.The Chinese spokesman mentioned the Declaration, the Communique and the Action Plan issued after the meeting as "three outcome documents" of the G20 Cannes summit.Ma said priority was given to the European sovereign debt issue at the meeting."All the sides noted that the European Union has recently put forward a new series of measures and ideas to address the sovereign debt issue and hope that these measures will help Europe to stabilize the financial market, overcome the current difficulties and spur the economic recovery and development," he said.The Cannes Action Plan approved at the summit was meant to coordinate the macro-economic policies of all the members to endorse economic recovery and summon market confidence, said the spokesman. "It (the passage of the Action Plan) fully displays the resolution of the G20 to work hand in hand to promote a robust, sustainable and balanced world economy."Ma also hailed the "important consensus" reached at the summit in terms of the reform of the international monetary and financial system, the vibration of commodity price, international trade and development among others."It was emphasized at the summit that to address the issue of development is a key task to advance the global economic recovery and growth in the future," he said.Ma said emerging economies played an "important and constructive" role during the G20 summit.The continuing economic growth of emerging nations have injected vitality into the stability and recovery of the world economy as the international financial market is striving in turmoil, he said.Developing countries, represented by the emerging ones in the G20, have become constructive participants of global economic governance, said the spokesman, "which is a great progress of the era and indicates an in-depth readjustment and a historic change in the international economic order," he added.