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BEIJING, Aug. 27 (Xinhua) -- China's top legislature held an inquiry Friday into the government's report on grain safety in an effort to improve the legislative supervisory role.Entrusted by the State Council, or China's Cabinet, senior officials from nine government agencies, such as the National Development and Reform Commission (NDRC), attended the inquiry to answer questions raised by lawmakers at a bimonthly session of the Standing Committee of the National People's Congress (NPC), the country's top legislature.Such inquiries are believed to be a concrete and important step for the top legislature to exercise and improve supervision of the government.Zhang Ping, minister in charge of China's top economic planning body, the NDRC, issued the report on the country's grain safety on Thursday and lawmakers began to deliberate and make inquiries on the report on Friday.This is the second inquiry held by the top legislature this year. In its June session, lawmakers held an inquiry into the central government's final accounting for 2009.INTENSE Q&A SESSIONThe NPC Standing Committee's vice chairwoman, Oyunqemag, and 21 other lawmakers peppered government officials with more than 20 questions at the inquiry.Responding to a question on the impact of frequent natural disasters including drought, freezing weather and floods on this year's harvest, Vice Agriculture Minister Chen Xiaohua admitted that grain production has been negatively impacted.Chen, however, said because the central authority introduced preferential policies in a timely manner, the grain crops harvested in the summer maintained the same level as in previous years, though the harvest of early rice dropped a bit.He also said he was optimistic about the harvest in autumn, which accounts for more than 70 percent of the country's grain output because the seeded area has been increased and the growth of the crops was good at present.

BEIJING, Sept. 8 (Xinhua) -- China and Myanmar agreed on Wednesday to took the opportunity of the 60th anniversary of bilateral diplomatic ties to consolidate traditional friendship and enhance cooperation in key areas including energy and infrastructure building.Chinese President Hu Jintao and Myanmar's top leader Than Shwe reached the agreement in their one-hour-long talks in the Great Hall of the People.After a red-carpet welcome ceremony for Than Shwe, chairman of Myanmar's State Peace and Development Council, Hu told him China highly valued its relations with the country, and it was an unswerving policy of China to solidify and develop good-neighborly cooperation with Myanmar."The policy will remain unchanged regardless of changes of international situation," he added.Hu said that with the meticulous care of leaders of the elder generations of both sides, China-Myanmar relations had withstood the tests of the ever-changing world since the establishment of diplomatic ties 60 years ago."Our bilateral relations have seen consolidation and growth ever since, and has set an example for friendly relations between countries with different social systems," said the Chinese president.Hailing the profound friendship between the two countries, Than Shwe said the two countries supported and understood each other over the years, citing enhanced friendship and trust, frequent high-level visits and rapid growth of win-win cooperation in various areas.China has stuck to a peaceful development road, said the Myanmar top leader, adding China's stance on major issues such as climate change fully reflected the interests and concerns of vast developing countries.He also reiterated his government's adherence to the one-China policy.This year marks the 60th anniversary of China-Myanmar diplomatic ties. The two leaders agreed to take the chance to facilitate closer exchanges and cooperation in various areas.Hu proposed to keep regular contact between the two countries' leaders through visits and meetings on multilateral occasions, in a bid to maintain timely communication on bilateral ties and major issues of common concern.He also said it was important to maintain the consistency of China-Myanmar good-neighborly policies, step up efforts in formulating bilateral economic cooperation program to guide and facilitate win-win trade cooperation."China is willing to increase imports from Myanmar," he said, adding the Chinese market welcomes more investment from Myanmar enterprises.The two countries share a border line of over 2,200 kilometers. Hu called on both sides to jointly safeguard peace and stability of the frontier and boost economic and social development of the border areas."China respects sovereignty and territorial integrity of Myanmar, understands and supports the Myanmar government's efforts for national reconciliation," Hu said.He vowed to enhance cooperation with the country in border management, intensify efforts to jointly combat cross-border crimes for sound production and life order of the border regions.Than Shwe agreed with Hu's proposals, saying it was of vital importance for both countries to maintain peace and stability of the border areas. He pledged joint efforts with China to this end.Than Shwe arrived in Beijing on Tuesday afternoon to start his five-day state visit to China. China's top legislator Wu Bangguo and Premier Wen Jiabao will meet with him on Thursday.Besides Beijing, Than Shwe will also visit the 2010 Shanghai World Expo and the economic hub of Shenzhen in Guangdong province.

BEIJING, Sept. 6(Xinhuanet)  - China bucked international trends in both outbound and inward investment, official figures have revealed.China now ranks as the fifth largest global investor in outbound direct investment (ODI) with a total volume of .5 billion, compared to a ranking of 12th in 2008, the Ministry of Commerce said on Sunday.On top of this, foreign direct investment (FDI) this year was set to "surpass 0 billion", compared to billion last year, ministry officials predicted.Globally, foreign investment decreased by almost 40 percent last year amid the financial downturn and is expected to show only marginal growth this year.The growth in both outbound investment from, and inbound investment to, China reflects the nation's rising economic power and attractiveness as an investment destination. China's annual outbound direct investmentThe ministry made the announcements during a press conference held in Xiamen on the upcoming United Nations Conference on Trade and Development (UNCTAD) World Investment Forum and the 14th China International Fair for Investment and Trade. Both forums will start on Tuesday.According to the ministry, China's ODI grew by 1.1 percent from a year earlier to .53 billion, which includes investment of .8 billion in non-financial sectors worldwide, up 14.2 percent year-on-year.Last year was the eighth consecutive year that the nation's ODI had grown. In this period the average annual growth rate stood at more than 50 percent."China is now the fifth largest investing nation worldwide, and the largest among the developing nations," said Shen Danyang, vice-director of the ministry's press department.In 2009, global ODI volume reached .1 trillion, and China contributed about 5.1 percent of the total.But "this is just a beginning." Although the figure is already "quite amazing," the volume is "not large enough" considering China's economic growth and local companies' expanding demand for international opportunities, Shen said."The growth rate (for ODI) in the next few years will be much higher than previous years," Shen said, without elaborating.China's ODI growth witnessed strong momentum this year. From January to June, the ODI in financial sectors was up by 43.9 percent to .84 billion, and in July alone, the ODI recorded .91 billion, the highest this year.Liu Zuozhang, director of the investment promotion agency under the commerce ministry, told China Daily that China's ODI in non-financial sectors would probably grow to billion this year.But while more Chinese companies were investing overseas, barriers and protectionism against Chinese investment were strengthened as well.Fan Chunyong, standing deputy chief of the China Industrial Overseas Development and Planning Association, said the challenge would not affect the upward trend of the ODI."China's ODI will go up to 0 billion in 2013, and the Chinese accumulative overseas investment will reach 0 billion by then," said Fan.According to the ministry, by the end of 2009, 13,000 Chinese enterprises had invested in 177 nations and regions worldwide, and the largest volume of funds went to the Asia-Pacific region. Europe and Africa ranked second and third in absorbing Chinese investment.Figures also revealed that more Chinese enterprises were focused on developed nations and emerging markets. During the first half of the year, China's ODI to the United States and the European Union rocketed by 360 percent and 107.2 percent respectively year-on-year. And investment into ASEAN and Russia grew by 125.7 percent and 58.5 percent.Jinny Yan, economist from Standard Chartered Shanghai, predicted that the EU would continue to be a hotspot for China's outbound investment in the coming months thanks to the ongoing European debt woes.As for FDI, Shen predicted it would reach a record high of 0 billion this year as China's consumption capacity gradually picked up and the nation's efforts on creating an open and transparent investment environment paid off.Responding to recent complaints by foreign businesses on the "worsening" investment environment, he said it "highlights foreign businesses are attaching more importance to the Chinese market".A report by the European Chamber of Commerce released last Thursday said China had made progress on improving its investment environment, but still needed to do more, especially on market access and the regulatory environment.While global FDI slumped by almost 40 percent last year, China's FDI was down by a mere 2.6 percent, according to the UNCTAD. China remained the second largest recipient nation of FDI, following the US.During the first seven months, China's FDI increased by 20.7 percent to .35 billion, and FDI in July surged by 29 percent.Zhan Xiaoning, director of the investment and enterprise division under the UNCTAD, said China was taking the leading role in the FDI recovery worldwide, even though FDI growth was not a cause for optimism globally.

BEIJING, Aug. 26 (Xinhua) -- China is enacting various measures, such as increasing its annual grain harvest and creating new grain safety legislation, to ensure a food-secure society, according to an official of the country's top economic planning body.Zhang Ping, minister in charge of the National Development and Reform Commission (NDRC), said in his report to China's top legislature on Thursday that China would increase its grain output capacity to an annual yield of 550 million tonnes by 2020, which would be a rise in output from 530.8 million tonnes in 2009.Zhang said the country would further strengthen its grain production capacity, by means such as improving infrastructure construction, especially the farmland irrigation system, expanding the use of fine breed and high-productivity technology, improve farming methods and upgrading the farming industry's ability to resist disasters.China's total grain demand is expected to reach 572.5 million tonnes by 2020, and to maintain a food self-sufficiency rate of 95 percent, at least 540 million tonnes of grain would be needed by then, Zhang said.Zhang added that the NDRC and other food administrative agencies were working together in a draft law on food and grain.According to Zhang, China has established a preliminary emergency response system for grain safety, strengthening the production, storage, transportation and distribution of food and grain during emergency situations.

BEIJING, Aug. 30 (Xinhua) -- Senior Communist Party of China (CPC) leader Zhou Yongkang said here Monday the Chinese government hopes to increase security and law enforcement cooperation with Cuba."We should work together to jointly safeguard the two nations' security and interests," Zhou, Standing Committee member of the Political Bureau of the CPC Central Committee, said when meeting with Cuban Interior Minister Abelardo Colome Ibarra.Hailing the traditional friendship between China and Cuba, Zhou spoke highly of Cuba's efforts to cope with the international financial crisis and natural disasters.He also applauded Cuba's achievements in social and economic progress.Colome, also vice president of the Council of State of Cuba, said he was encouraged by China's achievements and his country will firmly support China in issues concerning its core interests.