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BEIJING, Oct. 16 (Xinhua) - China's gross domestic product (GDP) will grow about 9 percent next year, but the economy will be challenged by rising labor costs, liquidity problems and difficulty in sustaining rapid growth in the long run, a senior researcher at the country's top think-tank said Saturday.Liu Shijin, deputy director of the Development Research Center of the State Council, or China's Cabinet, spoke at the OTO Fortune Forum held by the Bank of Communications.As for the year 2010, Liu predicted an annual 10-percent GDP growth due to the economic slowdown in China during the second half of the year.He said China's exports and investments would be much better in 2011 than this year, but the growth rate of consumption would pull back slightly from this year's boom, making 9 percent growth "very likely".To keep its economy on track for sustained growth, however, China still faces three major challenges in the long term, according to Liu's research."The first challenge comes from the rapid rise of labor costs in the country," Liu said, warning: "The competitiveness of Chinese companies will be threatened by rising labor costs unless they find a new source of growth, such as innovation."The second challenge is from liquidity as China's currency, the renminbi, and other non-U.S. dollar currencies are under forced appreciation pressure following the Federal Reserve's considering a new round of quantitative easing of the monetary policy, he said.The greenback, which serves as the world's reserve currency, tumbled against most major currencies this week on expected easing move by the Federal Reserve to pump more money into the U.S. economy next month.Meanwhile, China's economic stimulus package also injected excessive liquidity into the market, pushing up prices of commodities, equities and other land-related assets or resources, he added.The third major challenge concerns whether China can maintain its quick economic expansion in the future, he said.According to Liu's forecast, in the next three to five years China's GDP growth will slow to a moderate speed of around 7 percent from its current 10 percent."Actually, we don't have to be too worried about an economy with moderate expansion," he said, "because the current economic growth is too high for China."

BEIJING, Oct. 21 (Xinhua) -- China's national political advisors Thursday offered suggestions on the national development plan for 2011 to 2015, at a meeting of the Chinese People's Political Consultative Conference (CPPCC) in Beijing.Jia Qinglin, chairman of the CPPCC National Committee, the top political advisory body, attended the meeting.At the gathering, 15 CPPCC members made speeches in which they advised the government on issues such as improving education, adjusting income distribution, developing the western regions, enhancing China's innovative abilities and public welfare.The Communist Party of China Central Committee outlined the key objectives of the 12th five-year development plan in a four-day meeting that ended on Monday.The plan will be drawn up by the State Council, or the Cabinet. China's top legislature, the National People's Congress, will vote on the plan at its annual plenary session early next year.

DUBLIN, Sept. 27 (Xinhua) -- Visiting senior Communist Party of China (CPC) official Li Changchun on Monday met with Irish President Mary McAleese and Prime Minister Brian Cowen to discuss bilateral relations.Li, a member of the Standing Committee of the CPC Central Committee Political Bureau, said that bilateral relations have developed steadily since China and Ireland established diplomatic relations. Especially in recent years, the two nations have increased high-level exchanges, enhanced political mutual trust and broadened trade cooperation.He added that China has become the biggest trading partner of Ireland in Asia for five consecutive years, and the two countries have reached fruitful achievements in science and technology, education and culture and maintained close coordination on international affairs.Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, meets with Irish President Mary McAleese in Dublin, Ireland, Sept. 27, 2010.Li expressed appreciation for Ireland's adherence to the one- China policy and said China is willing to join hands with Ireland to strength dialogue and communication, deepen pragmatic cooperation in the various fields.For her part, McAleese said in recent years, closer political exchanges and trade cooperation between Ireland and China have further promoted the development of bilateral ties. She hoped that both sides would continue to maintain such positive momentum and expand cooperation to elevate the ties to a higher level.

BEIJING, Sept. 10 (Xinhua) -- Senior Communist Party of China (CPC) leader Zhou Yongkang said here Friday that China-South Africa relations have never been so good.Zhou, member of the Standing Committee of the CPC Central Committee Political Bureau, made the remarks when meeting with South African Minister in the Presidency Trevor Manuel.Hailing South African President Jacob Zuma's visit to China in August, Zhou said bilateral cooperation in trade and economy, culture, justice and security had maintained sound momentum.During Zuma's visit, the two countries signed the Beijing Declaration, in which they announced the establishment of the "comprehensive strategic partnership" and mapped out cooperative framework over the next 10 to 15 years.Zhou said he hoped China and South Africa could further implement consensuses reached by leaders of the two countries.Manuel, also in charge of South Africa's National Planning Commission , said he was responsible for the next 15-year plan of South Africa's development, and hoped to learn more from China's success in development.Zhou said China was willing to expand exchanges with South Africa in this regard, as China was working on formulating the 12th Five-year Plan (2011-2015).China became South Africa's largest export destination at the beginning of 2009, and remained South Africa's largest import partner.

SHANGHAI, Oct. 24 (Xinhua) -- The number of visitors to the Shanghai World Expo 2010 topped 70 million Sunday, meeting organizers' expectations, according to an announcement on the official Expo website.Total visitor arrivals broke the 70 million mark as of 10:17 a.m. Sunday and by 1:30 p.m. some 572,900 visitors had entered the Expo Park on Sunday, the 177th day since the event started, bringing the total number of visitors to 70.28 million."The news is exciting and it's also encouraging for the organizers," said an official with the Bureau of the Shanghai World Expo Coordination.During the eight years since China successfully won the bid to host the 2010 Expo, Vicente Loscertales, Secretary-General of the International Exposition Bureau (BIE), has been asked again and again what's the value of the World Expo when people can get so much information about countries and trade from the Internet.The Shanghai Expo, the first such global event hosted by a developing country in the history of the World Expo, shows to the world that such an event is still relevant, as the huge number of visitors illustrate."You have achieved new records: a record number of participants, a record number of visitors, and you have built the largest site ever," said Loscertales on Oct. 1."I thought Canada was pretty amazing. Not to mention Italy and France, and you just have to go to Thailand!" "How far is it from Morocco to Monaco exactly?" ... this kind of conversation can be frequently heard at the Expo site.People wait in long queues outside the different pavilions, sometimes for 12 hours, to taste a little bit of the world.Mei Haixing, 59, a retired teacher in Shanghai, has so far visited the Expo 28 times.He has written a 400-page diary including pictures, souvenirs and signatures from the different pavilion curators."The Expo is like a huge museum of the different cultures of the world," he said.Sheng Banghe, sociologist with the Shanghai University of Finance and Economics, said what the Chinese are pursuing is no longer at the material level, but the spiritual."They are not satisfied with their current knowledge and entertainment," said Sheng.Many migrant workers have also visited the Expo.Liu Huafeng, a construction worker in Shanghai from central China's Henan Province said he only found out how wonderful urban life could be after visiting the Expo.Although there is still a long way to go to realize migrant workers like Liu's dream of having a better life in cities, the government has already started to think about the problems of urbanization and is trying to find solutions to them.The Shanghai Expo has enjoyed participants from 246 countries and international organizations. It also set a record for the maximum attendance on a single day on Oct. 16 with 1.03 million people visiting it then.Loscertales said the overwhelming success of Shanghai Expo 2010 will inspire future hosts of the event.Already some countries have showed willingness to host the 2020 World Expo, including Thailand.During the last week of the Expo from Oct. 25 to 31 daily visitor numbers will be limited to 400,000 to 500,000, said Huang Jianzhi, deputy director general of the Bureau of Shanghai World Expo Coordination on Oct. 16.Organizers promised to continue to improve their service to visitors until the last day, and make it a "successful, splendid and unforgettable" Expo.