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BEIJING, Nov. 4 -- China's increasingly voracious investment in overseas markets is helping the global economy - and especially the economies of developing countries - recover from the financial crisis, according to several speakers at the First China Overseas Investment Fair Tuesday. Chinese officials urged foreign countries to make it easier for that investment to continue to flow by creating a "convenient and fair" environment for Chinese investors. Outbound investment from China in overseas markets has grown significantly recently, at the same time as investment from traditional big spenders, including the United States and European countries, has slowed. "China is stepping up its overseas efforts, despite the economic recession worldwide," said Zhang Xiaoqiang, vice-director of the National Development and Reform Commission. "Many of China's companies are active investors." China's overseas direct investment rose 190 percent year-on-year in the third quarter, bringing the total investment for the first nine months to 32.87 bln U.S. dollars, the Ministry of Commerce announced recently. That growth has been a blessing for many countries recently, Zhang said. Jon Huntsman, the US ambassador to China, agreed, saying China's investment was "important in improving and stimulating the world economy". Huntsman said the US has benefited from the investments of other nations. Between 2003 and 2008, countries invested more than 325 billion dollars in some 4,300 projects in the US. Huntsman said China was "one of the nations with the fastest growing investment in the US" with an annual growth rate in investment volume of 30 percent throughout the 2004-to-2008 period. "China is a leading nation in stimulating the revival of developing economies by way of investment," said Taffere Tesfachew, chief of the Office of the Secretary-General under the United Nations Conference on Trade and Development (UNCTAD). Statistics from UNCTAD shows that in 2008, investment flowing out of the US declined by 18 percent to 312 billion. Flows from EU nations plunged by 30 percent to 837 billion. But emerging economies, and China in particular, increased overseas investment, Tesfachew told China Daily. Nations and regional areas throughout "Africa and Asia could benefit a lot from it," he added. F. Marcelle Gairy, Grenada's ambassador to China, said: "We have great sunshine to grow plants and many other advantageous sectors to tap. China has good technology to realize our dreams." "It is win-win investment," she said. "China's technology is cheaper, innovative and very useful," added Mifzal Ahmed, advisor on investments for the Maldives' Ministry of Economic Development. While the UNCTAD forecasts investment outflows from Asia will slow this year, the organization believes the region will still outperform the rest of the world. "Outflows from China and India are the most noteworthy," said Tesfachew.
COPENHAGEN, Dec. 11 (Xinhua) -- China on Friday urged the rich nations negotiating in the UN-led climate talks in Copenhagen to help seal a deal by delivering on their promises to cut carbon emissions and provide financial support to help developing nations adapt to global warming.The call comes as ministers arrive for the higher segment of the talks that are tasked with achieving goals to avoid irreversible change in climate that scientists warn could be disastrous to the Earth. China's Vice Foreign Minister He Yafei said he hoped for a "balanced outcome" of the UN climate change conference. He was speaking at a press conference hours after a draft text for the Copenhage talks emerged. "The final document we're going to adopt needs to be taking into account the needs and aspirations of all countries," particularly the most vulnerable ones, he said. Under the United Nations Framework Convention on Climate Change, developed nations are committed to quantified emission reduction targets and provision of support in financing, technology and capacity building to developing nations. The Chinese minister said climate change is "a matter of survival" for developing nations. Developing nations are asking the rich nations to up their emissions reduction targets and financial pledges, saying they failed to fulfil their obligations under the convention. The call for funding was partly answered earlier on Friday with European Union leaders pledging 2.4 billion euros (3.5 billion U.S. dollars) annually from 2010 to 2012 to help developing countries tackle global warming. Swedish Prime Minister Fredrik Reinfeldt, whose country holds the rotating presidency of the 27-nation bloc, said in Brussels that the bloc has made satisfactory contributions to helping the poorest countries combat climate change. Developing nations still view the pledge as a far cry from their needs. The issue of financial support is "extremely important" as developing nations are "worst hit" by climate change, he said. He questioned the "sincerity" of developed nations in their commitment as only short-term funding, such as a three-year target, was being proposed. The key to the success of the Copenhagen talks is for developed countries to keep their promises, he said. "I would urge all leaders from developed countries to keep their promises, to have the future of humanity in their minds, especially the large population out there in the developing world," he said. He also said China has "a responsible and pragmatic vision" for tackling climate change and will do its share in the global combat against climate change. China last month announced it would reduce the intensity of carbon emissions per unit of its GDP in 2020 by 40 to 45 percent against 2005 levels. Responding to rich nations' concern over transparency of China's voluntary action, he said plans for action would go through China's own legal process and there would be a regime of monitoring, verification and statistical supervision domestically to ensure transparency. "We're also willing to increase transparency by announcing the results of our action in reports coming out of China," he said.

BEIJING, Nov. 27 (Xinhua) -- Xu Caihou, vice chairman of China's Central Military Commission, met here Friday with the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK). The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Xu Caihou (R), vice chairman of China's Central Military Commission, shakes hands with Om Hajin, head of the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), in Beijing, China, Nov. 27, 2009Xu, who met last week in Beijing with Kim Jong Gak, member of the DPRK National Defense Commission, said the ensemble's visit marked an "important" event for the two sides' military contacts this year. As the two countries celebrated a Friendship Year this year, and saw the 60th anniversary of the establishment of diplomatic ties, Xu said the visit added an emphasis to the whole celebrations for the year. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Among the celebrations, a DPRK's student art troupe visited China in July at the invitation of the Chinese People's Association For Friendship with Foreign Countries Cultural exchanges greatly contributed to the in-depth development of bilateral relations, Xu said. Om Hajin, head of the concerto company, said the DPRK hoped this visit could be conducive to advancing the relationship between the two militaries and countries. Xu Caihou (middle row C), vice chairman of China's Central Military Commission, and members of the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), pose for a group photo, after the performance given by the concerto company, in Beijing, China, Nov. 27, 2009The traditional bilateral friendship, initiated by the older generation of leaders, was the two peoples' common wealth, Om said. The last visit to China paid by the ensemble was in 1991. Recalling that visit, Om told Xinhua they were excited to be on the once-familiar stage in China. The DPRK people paid great attention to the visit, said Om, adding DPRK attached great importance to developing cultural cooperation with China. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China.Together with over 1,000 Chinese officers and soldiers, Xu watched the performance given by the concerto company Friday evening at the China Grand Theater. The nearly-two-hour show consisted of various forms of performances, such as chorus, solo and tap dancing. The anthem of the Chinese People's Liberation Army and renowned Chinese military songs, particularly prepared by the ensemble, were received by warm applause of the audience. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Apart from Beijing, the concerto company will also visit Shenyang Military Area Command in northeastern China, and it is due to wrap up the visit on Dec. 5. DPRK's top leader Kim Jong Il met with Chinese Defense Minister Liang Guanglie in Pyongyang on Wednesday, while Liang said the Chinese government was unshakable in its commitment to consolidate and develop the cooperative relations of the two countries. Chinese Premier Wen Jiabao paid an official goodwill visit to the DPRK from Oct. 4 to Oct. 6.
BEIJING, Jan. 4 (Xinhua) -- Chinese central authorities have stressed the promotion of honesty and uprightness among the public, especially government officials, in enhancing clean governance and anti-corruption drive. It is imperative to foster and carry forward the merit of honesty and uprightness, and officials should have the awareness of using power justly and pursue clean-fingered work style, according to suggestions on clean governance put forward by six central government departments. The six departments also urged to strengthen education on the public about the value of honesty and cleanness combining social morality, professional ethics, family virtues and personal moral character. It is stressed that anti-corruption should be a subject that is reflected in literature works, films and TV dramas, as well as newspapers and magazines, books, and electronic products. The suggestions were jointly issued by the Communist Party of China (CPC) Central Commission for Discipline Inspection, the Ministry of Supervision, Publicity Department of the CPC Central Committee, the Ministry of Culture, State Administration of Radio, Film and Television and the General Administration of Press and Publication.
BEIJING, Oct. 29 (Xinhua) -- Equality has become a catchphrase when Chinese lawmakers mull over two major moves in the history of China's legislative progress. Chinese rural and urban people are about to get equal representation in lawmaking bodies. It means farmers will have the same say in the country's decision-making process as urbanites. At the five-day legislative session beginning Tuesday, members of national legislature discussed to give rural and urban people equal representation in people's congresses. A draft amendment to the Electoral Law was tabled at the bimonthly meeting of the National People's Congress (NPC) Standing Committee. It requires that both rural and urban areas adopt the same ratio of deputies to the people's congresses. The electoral system is the foot stone of democracy, and the principle of equality is a prerequisite to guarantee people's democratic rights. The Electoral Law was enacted in 1953 and completely revised in1979. It then underwent four minor amendments. Senior people are still nostalgic about the bean-counting way of electing their representatives in villages, which was the country's primitive mode of democracy after New China was founded in 1949. Candidates who stood for election as deputies to a people's congress were elected if they received more than half of the beans. Later voters began to use ballots. After the last amendment in 1995, the law stipulates that each rural deputy represents a population four times that in urban areas. That means in China, every 960,000 rural residents and every 240,000 urbanites are represented by one rural and urban NPC deputy respectively. Critics say this can be interpreted as "farmers only enjoy a quarter of the suffrage of their urban counterparts." During previous amendments in the 1980s, the difference was even as great as eight times. But Li Shishi, director of the Commission for Legislative Affairs of the NPC Standing Committee, said such a provision is "in accordance with the country's political system and social conditions of that time" and is "completely necessary" as the rural population is much more than that of cities and an equal ratio of rural and urban representation will mean an excessive number of rural deputies. Rural population made up almost 90 percent of the country's total in 1949. With the process of urbanization, the ratio of urban and rural residents was about 45.7 to 54.3 last year. Li said that with rapid urbanization and rural economic development, the time is right for equal representation, which is conducive to "mobilizing people's enthusiasm and creativity" and the development of democracy. Zhou Hanhua, a research fellow with the Law Institute under the Chinese Academy of Social Sciences, said the draft amendment is inline with social change, and "from the legal perspective it shows that all rights are equal under the law." Obviously, the change will be a significant political progress and it is in line with the constitutional spirit that "everyone in the nation is equal." It also reflects the transition of the country's urban and rural society. According to the law, the number of deputies to the NPC is limited within 3,000, and the distribution of NPC deputies is decided by the NPC Standing Committee, the top legislature. The draft amendment says the quotas of NPC deputies are distributed to 31 provinces, municipalities and autonomous regions on the basis of their population, which ensures equal representation among regions and ethnic groups. Another big issue that lawmakers deliberate at the session this week is to grant "equal compensation" to the victims of traffic, mining and industrial accidents as well as medical negligence, among others, regardless of the victims' identity, status, income and regional disparity. The proposal is specified in the draft on tort liability, which is deliberated by members of the NPC Standing Committee for the third time. Farmer victims normally get much less compensation than their urban counterparts. And there are often disputes from "different prices paid to different lives." At the session, lawmakers consider to set the same compensation for all victims of an accident that results in many deaths. It will be a significant step if the draft law on tort liability is adopted by the legislature, as it ensures equal rights for each Chinese and shows respect for every human life.
来源:资阳报