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SHANGHAI, Feb. 9 (Xinhua) -- Chinese bankcard holders' consumer confidence in January was up year on year, according to an index issued jointly by China Unionpay and Xinhua News Agency on Tuesday.The Bankcard Consumer Confidence Index (BCCI) stood at 86.81 in January, 2.44 points higher from the same period last year, and stayed at basically the same level as December 2009, said the index report.The increasing consumer confidence mainly stemmed from China's steadily improving macroeconomic conditions, the report said.China's economy resumed a double-digital growth in the fourth quarter last year, pushing the annual figure beyond the government target of 8 percent at 8.7 percent.The index also resulted from an increase of 9.1 million urban jobs and a higher-than-8-percent income rise for urban and rural residents in 2009, according to the report.The report also attributed the rising confidence to people's growing demand during the New Year and the approaching Spring Festival, the Chinese lunar new year, which falls on Feb. 14 this year.The report said China Unionpay would release the BCCI index on a monthly basis starting 2010.
BEIJING, March 11 (Xinhua) -- The producer price index (PPI), a major measure of inflation at the wholesale level, rose 5.4 percent in February from a year earlier, the National Bureau of Statistics (NBS) announced Thursday.It quickened from 4.3 percent in January this year, and 1.7 percent in December 2009, when the figure posted the first monthly rise since December 2008.
BEIJING, March 3 (Xinhua) -- Chinese President Hu Jintao on Wednesday accepted credentials presented respectively by the ambassadors to China from Barbados, Britain, Bosnia and Herzegovina, Macedonia and the Philippines.The five new ambassadors are Lloyd Erskine Sandiford from Barbados, Sebastian Wood from Britain, Amel Kovacevic from Bosnia and Herzegovina, Oliver Shambevski from Macedonia, and Francisco L. Benedicto from the Philippines.
HONG KONG, Jan. 18 (Xinhua) -- Vietnamese and Chinese officials said here Monday that they will make joint efforts to further cement ties between the two countries, and ties between Vietnam and the Hong Kong Special Administrative Region (HKSAR).The officials made the remarks at a reception, hosted by Vietnam's Consulate General in the HKSAR, to mark the 60th anniversary of the establishment of diplomatic relations between the Socialist Republic of Vietnam and the People's Republic of China."The establishment of the diplomatic relations between the two countries on Jan. 18, 1950 is a splendid milestone in the development of relations between the two countries," said Pham Cao Phong, consul-general of Vietnam in the HKSAR.He said that the Chinese government and Chinese people have provided great support and assistance to Vietnam in its struggle for independence and freedom as well as its reform and modernization drive.On behalf of the Vietnamese government, the consul-general extended sincere gratitude to the Chinese government and the Chinese people for their support to Vietnam.He said that in recent years, relations between the two countries have developed rapidly, with cooperation in political, economic, cultural and other sectors further deepened.The year of 2010 marks the first year of the founding of ASEAN-- China Free Trade Area, and the year has also been named the Year of Vietnam-China Friendship, which Pham said will "bring relations of the two countries into a new spring."Over the past six decades, the political relations between the two countries have become mature, with the deepening of bilateral cooperation in various sectors, said Lu Xinhua, commissioner of the Chinese Foreign Ministry in the HKSAR, at the reception.Lu said that he hoped the two countries will carry on what has been achieved in their bilateral relations, further promote mutual trust, deepen cooperation and consolidate good neighborly relations to open a new chapter for the relations between the two countries.
ISLAMABAD, Feb. 6 (Xinhua) -- Pakistani Prime Minister Syed Yousuf Raza Gilani on Saturday wished China and the Chinese people a lucky traditional new year, hoping the bilateral relations between Pakistan and China will be further strengthened.In an interview with Xinhua, the prime minister said the friendship between the two countries is time-tested and long- standing, and the cooperations are multi-dimensional."Our friendship is now entering into many years and I wish this new year will add more strength to our relation," Gilani said.The prime minister said Pakistan and China have been cooperating in economy, defense, agriculture, culture, education and many other fields, including infrastructure and energy sector as well.He said Pakistan wants to have more exchange of culture, youth, parliamentary delegation, and more people-to-people contact between the two countries."The governments may come and go, but the love and affection between the two countries will remain forever," said the prime minister.Referring to China's role in international summits, Gilani said China plays an extremely important role in the world economy. He said Pakistan supports China on all international forums, on climate change, on inter-parliamentary unions and on Asia-Europe cooperation.In the global economic recession, Gilani said he appreciates what China has done to stabilize the economy and to help other troubled economies. He said Pakistan is grateful for China's timely assistance."China is performing really well and we wish them good luck in the coming new year," said Gilani, adding that he has been impressed by the tremendous development in China and the Chinese students who can speak fluent Urdu, the national language of Pakistan.Talking about the forthcoming Shanghai World Expo, the prime minister said it is a great opportunity for China to showcase its development, culture, tradition, history and local products and a good chance for Pakistan and China to better mutual understanding.As to the recent London summit on Afghanistan, Gilani said Pakistan wants to maintain good relations with the neighboring country and it will focus on the fight against extremism and terrorism to help bring in the stability of Afghanistan.Expressing his passion for architecture and gardening, the prime minister said he would have become an interior designer or an architect if he is not a politician.