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BEIJING, July 8 (Xinhua) -- Ten years after it unveiled a strategy to promote growth in its western area, China announced a plan to continue the initiative, even as the world's third largest economy strives to shift to a more domestic-driven growth."The plan will not only benefit the western region, but is also crucial to the sound and fast development of the whole nation," Du Ying, deputy director of the National Development and Reform Commission (NDRC), the country's top economic planner, said at a Thursday press conference."Under the new plan, the central government will focus on boosting economic growth, raising people's living standards and enhancing environmental conservation in the western region during the next ten years," Du said.The central government will also enhance support for development in the region by lowering tax rates and prices for industrial lands, he added.The NDRC, along with other departments, will compile a catalogue of industries in the western region covered by the government's favorable policies. Companies in these industries will enjoy a favorable corporate income tax rate of 15 percent, compared to the regular rate of 25 percent.The move to further develop the west came as the government took steps such as subsidizing auto and home appliance buyers, to boost domestic demand and lessen reliance on exports.Challenges for China's future development lay in "whether we can continue to boost domestic demand and make it a foundation for overall sustainable growth and whether we can remove constraints on resources and environment," Du said.Turning to this vast region and market was a strategic move, which would help China bolster domestic demand and accelerate transformation of the economic growth pattern, Vice Premier Li Keqiang had said.The vast, resource-rich western region has great potential to help enhance domestic demand as the regional population accounts for 27.5 percent of the country's total, while consumption only takes 18.4 percent of national retail sales, Du said.Early this week, NDRC said it will unveil 23 new infrastructure projects in the western region this year, with a total investment of 682.2 billion yuan (100.62 billion U.S. dollars). The money will be utilized in building railways, roads, airports, coal mines and hydro-power stations.More investments in these new projects than in those started in 2009 reflected the government's intention to push the growth further into the poorer inland region, UBS Securities economist Wang Tao said in an emailed note to clients.China initiated a western region development strategy in 2000 in an effort to help this less-developed area catch up with the relatively well-off coastal area. The strategy covers infrastructure construction, attracting foreign investment and increased efforts in ecological protection.The western region involves six provinces, five autonomous regions and Chongqing municipality, accounting for more than 70 percent of the Chinese mainland's area and habitat of 75 percent of the country's ethnic minority population.Due to this strategy, the combined gross domestic product of the western region reached 6.69 trillion yuan in 2009, four times more than the 1.67 trillion yuan in 2000.
BEIJING, June 19 (Xinhua) -- Total value of China's lottery sales hit 63.16 billion yuan (9.26 billion U.S. dollars) in the first five months this year, up 22.8 percent over the same period last year, the country's Ministry of Finance said Saturday.Welfare lottery sales reached 36.73 billion yuan during the same period, a year-on-year increase of 25.9 percent; sales of sports lotterieshit 26.44 billion yuan, up 18.8 percent.In May alone, sales value reached 14.44 billion yuan, up 18.7 percent year on year, a statement on the Ministry's website said.

BEIJING, Aug. 11 (Xinhua) -- China's central government has urged more efforts to be made to ensure this year's grain output, a government statement said Wednesday.A string of policies have been rolled out to support autumn grain production, said the State Council, China's cabinet, in the statement released after an executive meeting chaired by Premier Wen Jiabao Wednesday.Autumn grain production is key for China to meet its annual output target as it accounts for 70 percent of the total production.The Ministry of Finance will allocate 1.1 billion yuan (162.4 million U.S. Dollars) to subsidize purchases of fertilizer and pest control, the statement said.Wen urged efforts to restore production in disaster-hit regions at the meeting, after large swathes of farmland have been affected by floods in recent months.Wen also stressed the application of technology and weather forecasting at the meeting.China's summer grain output declined 0.3 percent year on year to 123.1 million tonnes this year, the first fall in seven years, according to the National Bureau of Statistics.
BEIJING, July 7 (Xinhua) -- Top Chinese political advisor Jia Qinglin Wednesday said emphasis must be put on improving the living standards of Tibetan farmers and herdsmen.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks at a conference on deploying "pairing assistance" for Tibet.Under the "pairing assistance" model, which was initiated 15 years ago, other provinces or cities provide technological and financial support, among other things, for the development of areas where Tibetans predominantly live, namely the Tibet Autonomous Region and areas in Sichuan, Yunnan, Gansu and Qinghai provinces.Jia Qinglin (3rd R), chairman of the National Committee of the Chinese People's Political Consultative Conference, speaks at a conference on deploying "pairing assistance" for Tibet, Beijing, capital of China, July 7, 2010.Xinhua/Yao Dawei)Jia said the "pairing assistance" is a central government strategic initiative and is crucial to the leapfrog development and lasting stability in Tibet and Tibetan areas in the four provinces.Jia said major projects launched to support Tibet's development should be incorporated into the national social and economic development plan for the next decade, which is currently being compiled.He also said the fight against the separatist forces led by the ** clique should be deepened so to sustain social stability in Tibet and Tibetan ethnic areas.
GUANGZHOU, July 10 (Xinhua) -- The Cross-Strait Economic, Trade and Cultural Forum opened Saturday in the southern city of Guangzhou with leading mainland and Taiwan representatives urging deeper economic ties and cooperation in green energy.This year's forum, a regular event between the Communist Party of China (CPC) and Taiwan's Kuomintang (KMT) Party, focuses on cross-Strait cooperation in green energy, energy conservation and environmental protection.Wang Yi, director of the Taiwan Work Office of the CPC Central Committee, said the forum commenced as the peaceful development of cross-Strait ties achieved new progress. Wang Yi, director of the Taiwan Work Office of the Communist Party of China Central Committee, presides over the opening ceremony of the sixth Cross-Strait Economic, Trade and Culture Forum in Guangzhou, south China's Guangdong Province, July 10, 2010.The Economic Cooperation Framework Agreement (ECFA), reached between the Chinese mainland and Taiwan in late June, signaled that cross-Strait economic ties had entered a new stage of mutual benefits, he said while addressing the opening ceremony.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference, said cross-Strait economic cooperation is now facing unprecedented challenges while many opportunities exist as well."We should seize the opportunity and set up multi-level economic cooperation in a bid to benefit each other and, at the same time, boost our competitiveness and risk-resistance abilities," Jia said in his speech."The mainland is speeding up economic restructuring and boosting independent innovation and domestic demand. Meanwhile, Taiwan is also taking measures to restructure its economy and stimulate development," Jia added.He noted that cross-Strait economic cooperation still had much room to grow, especially in the science and technology fields.Jia said the new energy and environmental protection sectors could provide breakthroughs for promoting cross-Strait science and technology innovation.He hoped businessmen and experts would provide useful proposals regarding cooperation in technology research, intellectual property rights and fostering talent.More than 400 people from Taiwan and the mainland attended the forum on Saturday and Sunday in Guangzhou, capital city of Guangdong Province.The event is the sixth of its kind since the forum was first held in 2006.
来源:资阳报