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BOAO, Hainan, April 10 (Xinhua) -- The Boao Forum for Asia (BFA) Annual Conference 2010 officially opened Saturday morning in Boao in south China's Hainan Province, with a focus on Asia's sustainable recovery from the economic downturn.Chinese Vice President Xi Jinping attends the opening ceremony and will soon deliver a keynote speech.Long Yongtu, BFA's secretary-general, said the world economy still faces huge challenges despite strong signs of recovery. Delegates attend the opening plenary of Boao Forum for Asia(BFA)Annual Conference 2010 in Boao,a scenic town in south China's Hainan Province,April 10 0,2010.The BFA Annual Conference 2010 with the theme"Green Recovery:Asia's Realistic Choice for Sustainable Growth h"officially opened here Saturday.The biggest challenge is to ensure quality, efficient and green growth rather than to have only strong economic data, Long said at the opening ceremony.Fidel Ramos, former Filipino president and chairman of BFA's board of directors, said all Asian nations should explore different ways on the way to recovery to ensure sustainable growth.
BEIJING, March 25 (Xinhua) -- Chinese Premier Wen Jiabao has warned that meeting this year's grain output goal of 500 billion kilograms would be "a test for sure" as severe drought in the southwest is likely to continue.In addition to the persistent drought in the southwestern regions, a long and cold winter in north China would lead to a decline in wheat output, said the premier during a three-day trip to the drought-plagued Yunnan Province from March 19 to 21. A local farmer looks at dying crop in the field in Shihuitang village of Shiping County, southwest China's Yunnan Province, March 24, 2010. The sustaining severe drought ravaged this region since last October and made no harvest of cropsOn his trip, Wen went to drought-hit villages, farmlands and reservoirs to learn about the impact that the drought had on local life and farm production.The drought has resulted in a direct economic loss of 23.66 billion yuan and left more than 18 million locals short of drinking water as of Tuesday, according to latest figures from the Ministry of Civil Affairs.Despite all those adverse conditions, Wen said China "should strive for a good harvest this year".The premier said priority should be given to the preparations for spring farming, urging local governments to make utmost efforts to combat the drought, prevent plant diseases, and ensure a good supply of fertilizer, pesticide and seeds.He also called for local governments' efforts to encourage farmers to expand the area of spring farming.The Chinese government set a goal in February, targeting grain output to exceed 500 billion kg this year.The country's grain output reached 530.8 billion kg in 2009, representing the sixth straight year of increase in output and exceeding 500 billion kg for the third consecutive year.
BEIJING, April 28 (Xinhua) -- Industrial enterprises in China's 24 regions reported combined profits of 690.8 billion yuan (101.2 billion U.S. dollars) in the first quarter, more than double the figure of the same period last year, the National Bureau of Statistics (NBS) said in a statement Wednesday.The NBS did not provide reasons for the 102.6-percent profit surge. The figure was down 21.1 percentage points for the first two months of the year, the statement said.Analysts attributed the growth to a low comparison base during the first quarter of 2009 when the country's economic growth was dragged down by the global economic downturn. The economic recovery, backed by government stimulus measures, also helped lift profits.The People's Bank of China, the central bank, said in a statement last week that industrial production in the first quarter had accelerated and profits of enterprises continued to expand on growing domestic demand.Altogether 38 of the 39 major industrial sectors saw year-on-year growth in profits, with profits of the steel industry up 3,380 percent and those of the power sector up 1,540 percent, the statement said.
BEIJING, April 22 (Xinhua) -- China's top food safety authority issued new regulations Thursday, setting more stringent requirements on the use and the approval of food additives.The Ministry of Health's "Regulations of New Food Additives," published on its website, set six new restrictions on the use of food additives.The new regulations forbid the use of food additives to mislead consumers about the content and quality of food or to fake food content.Using food additives to disguise decaying and bad quality food is also forbidden.Under the new regulations, food producers are required to use the minimum amount of necessary food additives, and are not allowed to use those that would reduce the nutritional value of food.The ministry would approve new food additives, only if they are proved to be necessary in food production and safe for humans in tests organized by the ministry, the new regulations stipulate.The ministry must conduct reassessments of the safety of its approved food additives, when their necessity and safety are questioned by new research results.The new regulations takes effective Thursday.Food quality in China has been a major concern after a series of scandals.In 2004, at least 13 babies died from malnutrition in the east China's Anhui Province and another 171 were hospitalized, after consuming infant milk powder that contained too little protein.In November 2006, the country's food safety authorities found seven companies producing salted red-yolk eggs with cancer-causing red Sudan dyes to make their eggs look redder and fresher.And in 2008, six babies died and 300,000 others fell ill after being fed with baby formula made from milk contaminated with the industrial chemical melamine.