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BEIJING, Dec. 27 (Xinhua) -- China will maintain its pro-active fiscal policy and moderately loose monetary policy to buoy the economy in 2010 as many uncertainties persisted at home and abroad, Chinese Premier Wen Jiabao said Sunday. Averting the trend of falling global demand remained difficult, Wen said in an exclusive interview with Xinhua.     "Economies of some countries are starting to pick up, but fluctuations are still possible," Wen said.     "China's economy has been on track for recovery. However, the economic performance and operations of enterprises still mainly rely on support from government's policies," Wen said.     "A consolidated recovery in the country's economy does not point to a complete revival and a full revival does not mean China's economy is developing in a sustainable way," Wen said. Chinese Premier Wen Jiabao smiles during an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009    "To withdraw macro-economic policies too early will likely ruin the efforts made before and reverse economic development," Wen said.     The government would maintain the stability and continuity of macro-economic policies while comprehensively watching the domestic and foreign economic situations, Wen said.     The State Council, or the Cabinet, announced on Nov. 5, 2008, that the government would shift the fiscal policy from "prudent to pro-active" and the monetary policy from "tight to moderately loose" to stimulate the economy by expanding domestic demand to offset a slump in exports.     The Cabinet also unveiled a 4-trillion-yuan (585.6 billion U.S. dollars) stimulus package the same day.     "We have stabilized economic growth and employment and maintained social stability over the past year," Wen said. "The government's economic stimulus package has proved effective."     China's economy grew 8.9 percent in the third quarter, the fastest rate in a year, after expanding by 7.9 percent in the second quarter and 6.1 percent in the first three months, boosted by the massive government investment and record bank lending.     The People's Bank of China, the central bank, scrapped lending limits of commercial banks in November last year.     In the first 11 months of this year, new bank loans hit 9.21 trillion yuan, an increase of 5.06 trillion yuan over the same period last year, far exceeding the full year target of 5 trillion yuan the government set in March.     The government pledged at the Central Economic Work Conference earlier this month that it would stick to the pro-active fiscal policy and moderately loose monetary policy in 2010 to sustain a recovery backed by the stimulus package.     The government would adjust macro-economic policies in line with the changing economic situation and study issues arising during implementation of such policies, Wen said.     China would gear more investment to social welfare, technical innovation and energy conservation and emission cuts next year, Wen said.

BEIJING, Nov. 25 (Xinhua) -- China's Ministry of Commerce (MOC) Wednesday voiced strong opposition against the United States' imposition of anti-subsidy tariffs on Chinese oil well pipes, saying the move was "discriminatory."     The United States made a decision Tuesday to impose duties ranging from 10.36 percent to 15.78 percent on Chinese oil well pipes for alleged unfair subsidies.     "China is strongly opposed to the U.S. move of continuing with its discriminatory measures and arbitrarily raising the anti-subsidy duty rates," said Yao Jian, spokesman of the MOC.     Yao reiterated that the United States should live up to its promise made at the G20 Summit and the consensus reached earlier by leaders of the two countries to fight trade protectionism.     Earlier this month, the U.S. Commerce Department also slapped preliminary anti-dumping tariffs on the pipe up to 99 percent based on the allegation that "Chinese producers/exporters have sold OCTG (oil country tubular goods) in the United States at prices ranging from zero to 99.14 percent less than normal value."     Customs data showed that pipes involved were worth 3.2 billion U.S. dollars in 2008, taking up 46 percent of the total amount of Chinese steel products exported to the United States (6.9 billion dollars).     More than 90 companies were affected, including major steel companies like Baosteel, Tianjin Pipe and Ansteel.

HONG KONG, Dec. 6 (Xinhua) -- State Councilor Liu Yandong Sunday gave a speech ahead of the Boao Youth Forum ( Hong Kong) that opens Monday, urging young people across China to work for the Chinese nation's rejuvenation.     She said young people stand for the future and are the most creative part in a society. She hoped young people in China, including those from Hong Kong, Macao as well as the Chinese mainland and Taiwan province, can shoulder the historical responsibility and make their contributions to the great revival of the Chinese nation. Chinese State Councillor Liu Yandong delivers a speech at the 2009 BOAO Youth Forum (Hong Kong) in Hong Kong, south China, on Dec. 6, 2009    She said young people in the Hong Kong Special Administrative Region (SAR) should love the motherland and love Hong Kong, and be a united force in safeguarding national sovereignty and promoting Hong Kong's prosperity.     Liu arrived in Hong Kong Saturday to open the 5th East Asian Games.

BEIJING, Nov. 6 (Xinhua) -- Chinese President Hu Jintao's upcoming state visits to Malaysia and Singapore would comprehensively push forward China's ties with the two nations and the Association of Southeast Asian Nations (ASEAN), said an official with the Foreign Ministry here Friday.     Hu will pay state visits to Malaysia and Singapore from Nov. 10to 13, at the invitations of Malaysian Supreme Head of State Mizan Zainal Abidin and Singaporean President S. R. Nathan.     It is the first time for President Hu Jintao to pay state visits to Malaysia and Singapore as president of China, and it is also the first time in 15 years for a Chinese President to visit the two countries, said Assistant Foreign Minister Hu Zhengyue at a news briefing.     During his stay in Malaysia, Hu will hold talks with Supreme Head of State Mizan and meet with Prime Minister Najib Tun Razak.     "President Hu's visit to Malaysia will surely further deepen strategic cooperation between the two nations and advance bilateral ties," said the assistant foreign minister.     While in Singapore, he will hold talks with President Nathan and meet with Prime Minister Lee Hsien Loong, Minister Mentor Lee Kuan Yew and Senior Minister Goh Chok Tong.     President Hu will exchange views with Singaporean leaders on deepening mutually beneficial and cooperative ties, and discuss international and regional issues of common concern," said the assistant foreign minister.     Vice Minister of the Ministry of Commerce Yi Xiaozhun said China and the two countries had good economic and trade relations and were each other's important trade partners.     In Malaysia, the two sides will sign economic and trade cooperative documents to push forward joint projects in the infrastructure area.     While in Singapore, leaders of both nations will discuss on how to promote bilateral trade and investment, advance major cooperative projects and enhance cooperation within the framework of regional and international trade.     "We believe that President Hu's visit will surely expand the scale of economic and trade cooperation between China and the two countries, and promote the sustained and stable development of bilateral relations, " Yi said.

BEIJING, Nov. 17 (Xinhua) -- Chinese President Hu Jintao and visiting U.S. President Barack Obama issued the China-U.S. Joint Statement here Tuesday, expressing the hope that the multilateral mechanism of the Six Party Talks would convene at an early date.     The two presidents reaffirmed in the joint statement the importance of continuing the Six Party Talks process and the denuclearization of the Korean Peninsula.     The joint statement said the two sides will work together with other parties concerned to comprehensively achieve the purpose and overall goal of the Six Party Talks through consultations and dialogues.     "The Chinese side welcomed the start of high-level contacts between the United States and the DPRK," said the joint statement.