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BEIJING, Nov. 14 (Xinhua) -- China's top legislator Wu Bangguo has urged northwest China's Gansu Province to blaze a new trail of development in the western region to realize sound and fast economic and social development. Wu, chairman of the Standing Committee of the National People's Congress (NPC), made the call when he was inspecting Gansu Province from Nov. 9 to 14. Wu Bangguo (2nd R front), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the Standing Committee of the National People's Congress (NPC), inspects the Jiuquan Iron and Steel Group in Jiayuguan city of northwest China's Gansu Province, Nov. 11, 2009. Wu Bangguo made a five-day inspection tour in Gansu Province ending Saturday.Wu called for appropriately handling the relationship among maintaining economic development, restructuring and sustainable development. He urged the province to do a good job in upgrading structure and improving people's livelihoods while maintaining a steady and relatively fast economic development. During his inspection, Wu also called on metallurgical and petrochemical enterprises to take full use of the resources and carry out a new round of technological update focusing on energy conservation and cost reduction. Wu Bangguo (3rd L front), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the Standing Committee of the National People's Congress (NPC), inspects the Hua Tian Microelectronics Group in Tianshui city of northwest China's Gansu Province, Nov. 11, 2009. Wu Bangguo made a five-day inspection tour in Gansu Province ending Saturday.Wu said that development of new energy and clean energy, including wind power, solar power and nuclear power, would become new points of economic growth. They are also important measures in addressing climate change and guaranteeing energy security, he added. In addition, Wu stressed that importance should be attached to affairs concerning people's livelihoods, social undertakings, consolidating ethnic unity and promoting social stability.
BEIJING, Jan. 9 (Xinhua) -- Heavy snow in northwest China's Xinjiang Uygur Autonomous Region had left one person dead and forced the evacuation of 5,435 as of 8:00 p.m. Friday, according to the Ministry of Civil Affairs Saturday. The heavy snow also flattened 799 houses and caused damages to 4,897 others in the region, the ministry said. A total of 261,800 people in 12 counties or cities were affected by the blizzard hitting Xinjiang's Tacheng and Altay regions this week, which resulted in blackout and transport disruption in some areasA total of 261,800 people in 12 counties or cities were affected by the blizzard hitting Xinjiang's Tacheng and Altay regions this week, which resulted in blackout and transport disruption in some areas, according to the disaster relief department of the Ministry. The Ministry has allocated 5,000 tents, 10,000 cotton-padded coats and 10,000 cotton-padded quilts to, and the regional government appropriated 15 million yuan (2.2 million U.S. dollars) for disaster relief in the affected areas, the ministry said. Representatives of communities stand beside vehicles that provide people with services in Urumqi, capital of northwest China's Xinjiang Autonomous Region, Jan. 9, 2010. Some companies and activists in Urumqi donated money to buy 555 vehicles. These vehicles were put into use Saturday in several communities to provide citizens with services.The regional civil affairs authority has dispatched working group to the snow-hit areas to direct relief work. Xinjiang was gripped by a cold snap from Jan. 1 to 8, which brought heavy snow and drastic temperature plunge especially in Tacheng and Altay regions.

CAIRO, Dec. 3 (Xinhua) -- China and Africa look forward to deepening cooperation in various fields, especially science and technology, industry, agriculture and environment, said Egyptian and Chinese officials at a science and technology expo, which opened here on Thursday. In the opening ceremony of China Exhibition on Innovative Technologies and Products in Egypt, Minister of Higher Education and the State for Scientific Research of Egypt, Dr. Hani Hillal, said that his country reaffirms the support for scientific and technological cooperation between China and Africa. "China exhibition is an important forum to know more about the progress China has reached in scientific and technological fields, and it is also an important forum for the convergence of scientists and researchers with the men from industry and innovation," Hillal added. An electric vehicle is on display during an exhibition showcasing Chinese innovative technologies and products in Cairo, capital of Egypt, on Dec. 3, 2009. More than 180 new technologies and products with Chinese proprietary innovations highlighted the three-day exhibition, kicking off here on Thursday "Egyptian-Chinese relations are steadily growing and several weeks ago Egyptian President Hosni Mubarak and Chinese Premier Wen Jiabao opened the 4th ministerial conference of the Forum on China-Africa Cooperation (FOCAC)," said Magid George, Egypt's Minister of State for the Environment. George said that the expo is an important event to present Chinese technology to African and Arab countries because China is considered a leading nation in development, expressing hope that the exhibition will provide an opportunity for the countries to get acquainted with progress in technology and innovation amid great challenges. This exhibition is held in line with the eight measures announced by Chinese Premier Wen Jiabao during the 4th ministerial conference of FOCAC held last month in Sharm el-Sheikh to promote technological cooperation between China and Africa, said Special Representative of the Chinese Minister of Science and Technology Zheng Guoan, noting that it could transfer technological expertise and experience to African countries. "This exhibition is part of a technological partnership program aimed at strengthening China-Africa relationship and helping African countries raise the technological capability," he added. The Chinese Ambassador in Cairo, Wu Chunhua, pointed out that China is the largest developing country in the world and Africa has the most developing countries in the world, stressing that such cooperation would benefit both sides. "This exhibition is a good platform and mechanism to achieve mutual understanding between China and Africa," he added. Visitors view Chinese subway train models during an exhibition showcasing Chinese innovative technologies and products in Cairo, capital of Egypt, on Dec. 3, 2009.The China Exhibition on Innovative Technologies and Products in Cairo, held from December 3 to 5, is cosponsored by the Ministry of Science and Technology of China and the Ministry of Higher Education and Scientific Research of Egypt and organized by China Science and Technology Exchange Center and the Torch High Technology Industry Development Center. The event aims at promoting science and technology and trade flow between China and Egypt as well as other African countries, and boosting the mutual understanding and friendship between the Chinese and African people. Representatives from nearly 150 research institutes, universities, producers and science and technology agencies from 19 Chinese provinces attended the exhibition.
GUANGZHOU, Nov. 13 (Xinhua) -- Chinese Vice President Xi Jinping attended the opening ceremony of the 2009 UCLG World Council Meeting & Guangzhou International Sister Cities Conference, which gathered more than 1,000 representatives from about 210 cities and local organizations of more than 60 nations. Founded in May 2004, the United Cities and Local Governments (UCLG) is the largest local government organization in the world. The mayor of Guangzhou is the current co-president of UCLG. Xi said the UCLG has become an important platform for multilateral exchanges and cooperation as well as a bridge of friendship for global cities. He believed that the UCLG would be able to integrate wisdom and strength of urban planning and management from different nations, and play a positive role in promoting peace and development of the world. Chinese Vice President Xi Jinping (L) speaks at the opening ceremony of the 2009 United Cities and Local Governments (UCLG) World Council Meeting & Guangzhou International Sister Cities Conference held in Guangzhou, south China's Guangdong Province, Nov. 13, 2009 Xi pointed that the world economy is at a critical stage, recovering from the recession due to the global financial crisis. The theme of this meeting, "Cities: Approach to Global Financial Crisis", is a topic just in time. He raised three suggestions to cities and local governments around the world on how to jointly overcome the difficulties of the global financial crisis. He called on the UCLG members to deepen pragmatic cooperation in the areas such as economy, trade, science and technology, in order to boost the recovery of the world economy and achieve mutual benefits and win-win results. He also suggested the UCLG members adhere to the policy of open market and fight against the trade and investment protectionism with concrete actions. Furthermore, he pointed out that the world cities and local governments should encourage innovation to promote new growth points and a new round of restructuring of global industries. In the speech, Xi also introduced the achievements of social and economic development made in the past 60 years since the founding of the New China and especially since the opening up and reform policy was carried out 30 years ago. During the past 30 years, the industrialization and urbanization process of China has dramatically accelerated, he said. The urbanization rate was only 17.9 percent in 1978, and the figure jumped to 45.7 percent in 2008, a growth of one percentage point per year. Xi also explained the policies that China has taken to respond to the global financial crisis. He said although the world economy had showed some positive changes, the full recovery would still have a long way to go. China would do its best to stabilize its own economic development, while playing an active role in international cooperation in order to promote the recovery of world economy, he noted. He reiterated that China would continue to support the developing countries with a responsible attitude and fulfill its commitments of providing foreign assistance so as to push forward the realization of UN Millennium Development Goals. Beijing Municipal government and the Chinese People's Association for Friendship with Foreign Countries (CPAFFC) jointly held the World Council Meeting of UCLG in June, 2005. This year's UCLG World Council Meeting was co-hosted by CPAFFC and the Guangzhou Municipal government.
BEIJING, Oct. 26 -- Delegations from more than 84 countries and regions will participate the ITD conference Monday, and a host of international experts from governments, the private sector and academia will make presentations and lead discussions on this important topic. The ITD is a cooperative venture formed in 2002 and comprised of the International Monetary Fund (IMF), the Organisation for Economic Cooperation and Development (OECD), the World Bank, the Inter-American Development Bank, the European Commission and the UK Department for International Development. Its purpose is to foster dialogue on important topics in tax policy and administration and to function as a disseminator and repository of information on matters of interest in taxation around the world, through its website, www.itdweb.org. The IMF attaches great importance to its role as a founding member of the ITD. Recent events in the world economy have made even clearer the necessity of international cooperation and sharing experience in economic matters, and this is the very purpose, which the ITD serves. The topic of this conference is a timely and critical one. The world has been reminded recently and forcefully of the great importance of the financial sector for macroeconomic stability, growth, and development goals. The sector plays a critical intermediating function - without it credit could not exist, capital could not be channeled to useful purposes and risks could not be managed. The conference will take place against the background of the worst financial and economic crisis to strike the world in three generations, and, while taxation was not itself the cause of the crisis, elements of the tax system are relevant to its background and resolution. Most tax systems embody incentives for corporations, financial institutions and in some cases individuals to use debt rather than equity finance. This is likely to have contributed to the crisis by leading to higher levels of debt than would otherwise have existed - even though there were no obvious tax changes that would explain rapid increases in debt. Tax distortions may also have encouraged the development of complex and opaque financial instruments and structures, including through extensive use of low-tax jurisdictions - which in turn contributed to the difficulty of identifying true levels of risk. The magnitude of the fiscal challenges facing the world economy is greater than at any other time since World War II. Estimates done by IMF staff on the fiscal adjustment necessary to bring government debt-to-GDP ratios down to 60 percent by 2030 - over 20 years hence - show a gap in the cyclically adjusted primary balances of some 8 percentage points of GDP in advanced economies to be closed between 2010 and 2020. This cannot all be accomplished by expenditure reduction. New, or increased, sources of revenue will need to be found, on average perhaps 3 percentage points of GDP. While improvements in compliance and administration could account for some of that gap, it will be necessary to adjust tax policies to a degree not hitherto seen on a wide scale. Although the world economy remains weak with downside risks and much hardship remain, signs of improvement are thankfully now visible. This is an opportune juncture, therefore, to begin the work of planning countries' exits from the deteriorated fiscal positions developed in response to the crisis, and to give thought to questions raised by the performance of the financial sector in triggering the crisis. What role can better tax policies and administration play in preventing a recurrence of this costly episode in economic history? The financial sector has been, and must continue to be, a critical link in the development of the world's economies. The sector has played a key role in accelerating the development of the emerging markets - many of which, prior to this most recent episode, had grown able to tap the world's financial resources at an increasing rate unparalleled in history. And for the world's most vulnerable economies, continued financial deepening will be absolutely necessary to permit them to meet their development goals. The upcoming conference will consider the role of taxation in both the industrial and developing countries with respect to these goals. The conference will address not only the role of the financial sector as a source of revenue itself, and its broader role in the development and growth of the world economy, but also its function in assisting in administration of the tax system-through information reporting, collection of tax payments, and withholding. This latter role will become ever more important with growing international cooperation in fighting tax evasion and avoidance. Finally, we must not lose sight of the main function of the tax system - to raise revenue in an economically efficient, non-distortionary, and administratively feasible manner. Even fully recognizing the existence of both market failures and policy-induced vulnerabilities, including those that contributed to this crisis, it is important to avoid accidentally introducing distortions through the tax system that may prove worse than the evils they are intended to remedy. "Neutrality" of taxation of the financial sector in this sense is a benchmark against which deviations from this objective may be measured and judged. One must ask whether any proposed interventions are targeted at a recognized externality or existing distortion, and, if so, whether the proposed action is the most appropriate response. And the multilateral institutions, in particular, must look to the effects which the financial sector and its taxation may have not only on the world's highly developed economies-those with the greatest depth of financial intermediation-but at the effects, direct and indirect, on the world's developing nations. International cooperation on these matters will be critical to making improvements that will benefit all of us. This week's important event, hosted by the Chinese government and organized by the ITD, is itself a model in this regard.
来源:资阳报