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SHANGHAI, Nov. 11 (Xinhua) -- The first annual development report for east China's metropolis Shanghai was released Thursday, pointing out new strategies to build the city into an international economic, financial, trading and shipping center by 2020.The Development Report on Shanghai International Economic, Financial, Trading and Shipping Center was released by the municipal Development and Reform Commission and the municipal Development and Reform Institute.The report reviews the efforts and progress in building Shanghai on four fronts and makes proposals for future development.Shanghai set the goal of becoming the center in the four areas in 2009.At the ceremony marking the release of the report, scholars gathered to discuss Shanghai's development.In terms of becoming an international economic center, Jiang Yingshi, president of the Shanghai Society of Macroeconomics, said that Shanghai should draw on the World Expo effect to enhance its service-oriented economy, regional integration, and cultural development.To become an international financial center, Xiao Lin, deputy chief of the municipal Development and Reform Commission, said that the key task in the next decade is for Shanghai to become the RMB products trading and investment hub with world class financial services.In terms of becoming an international trading center, Yuan Zhigang, economics professor at Fudan University, said that efforts should be made to develop high end products and build Shanghai into a shopping paradise.In terms of becoming an international shipping center, scholars pointed out the importance of a modern shipping service system.The development report will be released every year starting in 2010 to keep track of each breakthrough along the way, said Xiao Lin.

WASHINGTON, Jan. 13 (Xinhua) -- The United States and China must seize the "great opportunity" of cooperation to solve the common challenges facing the world today, said U.S. Commerce Secretary Gary Locke on Thursday."We can be certain that it will be a better future if the Chinese and American governments pursue cooperation over confrontation in the economic sphere," Locke said at a luncheon hosted by the U.S.-China Business Council in Washington.

BEIJING, Jan. 17 (Xinhua) -- The National Committee of the Chinese People's Political Consultative Conference (CPPCC) hosted a tea party here Monday for widows of deceased political advisors and other notable figures, ahead of Spring Festival.Jia Qinglin, chairman of the CPPCC National Committee, attended the tea party, and Wang Gang, vice chairman of the CPPCC National Committee, made a speech.Jia Qinglin (C, Front), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), attends a tea party held for the widows of deceased political advisors and other notable figures ahead of the Spring Festival in Beijing, capital of China, Jan. 17, 2011.Wang reviewed the outstanding achievements made over the past year in China's modernization and reforms. He said the memory of those old revolutionaries was especially cherished ahead of the traditional holiday.

TIANJIN, Nov. 16 (Xinhua) -- Chinese Vice Premier Li Keqiang has called for more efforts to accelerate economic restructuring and improve people's living standards amid the country's consolidated economic growth momentum.He made the remarks during his two-day inspection in Tianjin, a north China port city, that ended Tuesday.He urged more efforts on economic restructuring while ensuring "relatively fast economic growth" and "managing inflation expectations" .Li also emphasized regional economic growth as the "new engine" for the overall development and stressed development of new strategic industries and hi-tech sectors to provide the impetus for the growth.During his visit to a grain reserve, Li asked local authorities to "try all means" to increase grain production, ensure supplies and reserves, and regulate the market to better manage expectations of inflation.Further, local governments should build low-income housing "on a massive scale" to increase housing supplies for low-income households, Li said while visiting a residential community under construction.He also asked hospitals to provide better services and called upon local authorities to offer help to low-income families.

JAKARTA, Nov. 9 (Xinhua) -- China and Indonesia on Tuesday pledged to step up legislative cooperation on top Chinese legislator's visit to the biggest Southeast Asian country."Thank to their crucial role in their own country's political life, the National People's Congress (NPC) of China and Regional Representative Council (RRC) of Indonesia should carry out friendly exchanges at all levels and increase experience sharing on ethnic and religious policy and seeking region's balanced development," Chairman of the NPC Standing Committee Wu Bangguo said in a meeting with RRC Speaker Irman Gusman Tuesday.Irman underscored RRC's commitment to developing sound ties with China, saying it would seek closer bonds with the NPC, promote experience sharing on economy, politics and people-to- people exchanges, draw on China's experience on balanced development.On broader China-Indonesia ties, Wu reviewed the smooth growth of bilateral ties, particularly since the two countries upgraded their relations to strategic partnership in 2005.Wu Bangguo (L), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with Irman Gusman, chairman of the House of Regional Representatives of Indonesia in Jakarta, Indonesia, Nov. 9, 2010.This is Wu's first visit to Indonesia, which coincided with the 60th anniversary of China-Indonesia diplomatic ties.As developing countries, China and Indonesia share common tasks of growing economy and improving livelihood, Wu said.Wu said China would like to work with Indonesia to deepen strategic cooperation, address challenges and usher in an new era of bilateral ties.Characterizing bilateral relations as "comprehensive and strategic partnership," Irman said Wu's visit to Indonesia was historic and would promote all-round substantive cooperation.During Wu's stay in Jakarta, China announced 10-million-yuan humanitarian aid in cash to Indonesia as earthquake, tsunami and volcanic eruptions wrecked serious havoc on the country.Later Tuesday, a grand reception was held in honor of top Chinese legislator. Around 1,000 Indonesia officials, business entrepreneurs and others attended the reception.In his brief address at the reception, Wu called on Indonesian people of all circles to contribute their wisdom and commitment to China-Indonesia friendly ties.Indonesia was the second leg of Wu's three-nation tour to Southeast Asia, which also included Cambodia and Thailand.Wu will leave Jakarta for Bangkok on Wednesday.