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PISA, Italy, June 5 (Xinhua) -- The Chinese Communist Party's anti-graft chief He Guoqiang arrived here Saturday to start an official goodwill visit to Italy, the first leg of his five-nation tour.He, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made a written statement at the airport upon his arrival.He said both China and Italy are countries with great ancient civilizations, and that the two peoples have enjoyed a long-term friendship.He Guoqiang (R, front), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC, is welcomed upon his arrival in Pisa, Italy, June 5, 2010. He Guoqiang arrived here Saturday to start an official goodwill visit to Italy, the first leg of his five-nation tour.The Sino-Italian comprehensive and strategic partnership has kept developing in recent years, with political trust and trade and economic cooperation between the two countries deepened, and cultural and humanitarian exchanges yielding remarkable results, He said.He also said that all of the advances have not only benefited the two countries and peoples, but also contributed greatly to Sino-Europe cooperation.He, also head of the Central Commission for Discipline Inspection of the CPC, said that China and Italy now enjoy new opportunities to enhance their ties. He said that he hopes during his visit that both sides would exchange views on bilateral relations and other issues of common concern, and boost mutual understanding so as to lift friendly cooperation to a new height.He will later visit Iceland, Norway, Lithuania and Turkmenistan.
BEIJING, June 1 (Xinhua) -- China's central bank will push forward yuan settlement in cross-border trade and investment in the western Xinjiang Uygur Autonomous Region, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), said Tuesday.Zhou said it was one of PBOC's important moves amid the central government's efforts to achieve leapfrog development and lasting stability in Xinjiang. However, he did not elaborate on the plan nor give a timetable.He said the PBOC would also support the development of small and medium-sized enterprises in Xinjiang.Chinese exporters and importers in five cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- are already allowed to settle cross-border trade deals in yuan.A PBOC report said last month that the country needs to expand yuan cross-border settlement when conditions allow.
BEIJING, June 4 (Xinhua) -- China's National Development and Reform Commission (NDRC), the top economic planner, refuted a report on Friday claiming China is facing stagflation risks, arguing the national economic growth might slow slightly but stagflation is not going to occur.The NDRC response followed the release of a domestic report that claimed rising inflation and slowing economic growth would lead to stagflation in China.The NDRC added that the report was inaccurate and likely to cause misunderstandings and confusion, according to a statement released on its website.The statement went on to say growth in China's gross domestic product (GDP) was likely to slow down this year because of a higher comparison base used in the second half of last year, but it would still be one of the world's strongest growth rates and should not be labeled as "stagflation".Further, the NDRC noted that the consumer price index (CPI), a major gauge of China's inflation, was likely to exceed the government's 3-percent growth target in several months, but "there is a foundation to achieve the full-year CPI target of 3 percent" as long as China continued improving macro-regulations, it said.The NDRC statement noted that China would see "stable and comparatively fast economic growth" and "a moderate consumer price increase" this year.China's GDP rose 11.9 percent from a year earlier during the first quarter of this year. The CPI increased 2.4 percent year on year in March while the growth for April accelerated to 2.8 percent, according to the National Bureau of Statistics (NBS).The NBS is scheduled to release May economic data, including the CPI, fixed asset investment and retail sales, on June 11.
CAPE TOWN, March 28 (Xinhua) -- China's top political advisor Jia Qinglin on Sunday arrived in Cape Town of South Africa, for an official visit to the country at the southern tip of Africa.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, the country's top advisory body, was making the visit at the invitation of the National Council of Provinces of South Africa.South Africa was the last leg of Jia's ten-day African tour which already took him to Cameroon and Namibia. Jia Qinglin (2nd L), chairman of the National Committee of the Chinese People's Political Consultative Conference, is welcomed by a South African senior official upon his arrival at the airport in Cape Town of South Africa, March 28, 2010. Jia Qinglin on Sunday arrived in Cape Town of South Africa, for an official visit to the country at the southern tip of Africa.In a written statement issued upon his arrival at the airport, Jia said China-South Africa relationship had advanced in an all- round way since the two countries established diplomatic ties in 1998.The two countries, which forged the strategic partnership on equality, mutual benefit and common development in 2007, have developed deeper political trust, achieved fruitful results in trade, culture, education, science, and worked closely on international issues, Jia said. Jia Qinglin (R Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, is welcomed upon his arrival at the airport in Cape Town of South Africa, March 28, 2010. Jia Qinglin on Sunday arrived in Cape Town of South Africa, for an official visit to the country at the southern tip of Africa.Jia added it was in the fundamental interests of both countries and their people to seek a stronger China-South Africa relationship, which will help boost regional and world peace and development."I believe the visit will increase understanding, expand common ground, boost exchanges and deepen cooperation in a bid to cement bilateral strategic partnership," Jia said.Jia said his visit was aimed at boosting the understanding and friendship between the two nations and consolidating the cooperation in all fields.During his stay in Cape Town, Jia will hold talks with Chairman of South African National Council of Provinces Mninwa Mahlangu.Jia will also travel to Johannesburg and Pretoria where he will meet with South African President Jacob Zuma.
BEIJING, June 1 (Xinhua) -- China's central bank will push forward yuan settlement in cross-border trade and investment in the western Xinjiang Uygur Autonomous Region, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), said Tuesday.Zhou said it was one of PBOC's important moves amid the central government's efforts to achieve leapfrog development and lasting stability in Xinjiang. However, he did not elaborate on the plan nor give a timetable.He said the PBOC would also support the development of small and medium-sized enterprises in Xinjiang.Chinese exporters and importers in five cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- are already allowed to settle cross-border trade deals in yuan.A PBOC report said last month that the country needs to expand yuan cross-border settlement when conditions allow.