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BEIJING, Sept. 30 (Xinhua) -- Chinese Premier Wen Jiabao said here Thursday that the Chinese government would develop more open policies to attract high-level foreign talent to China.China's development would not be achieved without the understanding and support from the international community, Wen said.He also urged government departments to create more favorable policies for foreign experts in China, concretely implement the policies and provide better working and living conditions for these experts.Wen made the remarks during his meeting with 50 foreign experts who had won this year's "Friendship Award" at the Great Hall of the People.Chinese Premier Wen Jiabao (C) meets with foreign experts, who have just received the Friendship Award presented by the Chinese government, and their relatives in Beijing, capital of China, Sept. 30, 2010. Wen, on behalf of the Chinese government and the people, congratulated the winners and thanked them for their outstanding contribution to the country's social and economic development.He also met with the winners' family members and extended his greetings to them, as well as to all foreign experts and friends working in China.Foreign experts in China were the participants in China's development and the eyewitnesses of such development and progress in China, Wen said.The achievements China had gained were a result of both the hard work of the Chinese people and the wisdom and efforts of the foreign experts, he said.The "Friendship Award" is an annual award issued by the Chinese government to honor outstanding foreign experts in China. A total of 1,149 foreign experts from 60 countries have been awarded the honor since it was issued in 1991.This year's 50 winners come from 16 countries, and they are experts in various fields such as industry, agriculture, energy technology, environment, education, health and cultural sectors. They received the award at a ceremony on Wednesday.On Thursday, Wen also met with new ambassadors to China from 32 countries at the Great Hall of the People.
BEIJING, Sept. 22 (Xinhua) -- "It seems that the world suddenly fell silent when the traditionally noisy Mid-Autumn Festival coincided with Car-Free Day," said "ice14" on the microblog at sina.com.cn.On Wednesday, China celebrated the Mid-Autumn Festival, as well as China's fourth Car-Free Day, as citizens in 110 cities were encouraged to leave their cars and travel by public transportations, bicycles, or on foot.In cities like Beijing, Guangzhou, and Changsha, temporary Car-Free Zones which limit the driving of private cars were set up.Due to the campaign, many citizens chose to give up driving cars and, instead, use low-carbon means of travel."I decided to cycle around on this holiday with my boyfriend after learning that it's Car-Free Day today," said Li Yang, a resident of Jinan in east China's Shandong province.In Hangzhou, the scenic capital of Zhejiang province, 51,500 bicycles were placed at 2,050 rental points to encourage residents to travel by bicycle, said Tao Xuejun, vice general manager of the Municipal Public Bicycle Service Company.The municipal transport offices in Zhengzhou City and Kunming City also made special arrangements to support the campaign, including increasing the frequency of buses, adding bus routes, offering discounted tickets and limiting the use of government vehicles. However, the situations differ in other cities, and not all citizens are satisfied with the arrangements of the local authorities."Why are there still large traffic jams?" wrote "Yuerrachel", a sina microbloger under a photo showing blocked roads. "It is more of a show", said "Fengjiechuanqi" in a microblog at Sina.com.cn."It seems no big difference from the daily situation here. Only a few people are willing to give up driving cars," said Cui Rongrong, an economic analyst working in Shandong.Other netizens also accused the Car-Free policy of becoming an obstacle to normal transport."Due to the establishment of the Car-Free Zone on major roads, the private cars which have to go other ways blocked roads outside the zone," said a microblog of "Momingqimiaode" on Sina.com.cn.Actually, the rapid increase in the number of private cars has caused a heavy burden in China's cities. Days before the festival, many cities around the country had witnessed serious traffic jams.Last Friday evening, 140 traffic jams occurred in Beijing due to the heavy rainfall and holiday traffic before the Mid-Autumn Festival. In the city of Changsha, more than 1,000 kilometers from Beijing, the roads were reported to have turned into huge parking lots during the past two evenings."It took me half an hour to go downtown yesterday, three times the time it usually takes," said Cui in Shandong.Though the influence of the Car-Free campaign is limited, optimistic opinions about it were voiced."It is still helpful for increasing the public's sense of protecting the environment," said "lilili8565731" at Tieba.Baidu.com."I think the authorities should make more efforts to improve the public transit services with the residences' needs in mind, instead of putting on a show once a year on Car-Free Day," wrote "niuniuniuniu" at Tieba.baidu.com.Car-Free Day was originated in France in 1998 when citizens in 35 French cities decided to stop driving cars on Sept. 22 of each year. Since then, people around the world have begun to celebrate environmentally friendly transportation every year.
BEIJING, Sept. 16 (Xinhua) -- China is expressing its concern about the European Union's investigations into Chinese-made wireless wide area networking (WWAN) modems, said a spokesman for the Ministry of Commerce (MOC) on Thursday.Yao Jian, the spokesman, made the remarks after the EU said it was conducting an anti-subsidy investigation into the devices.The EU launched investigations of anti-dumping and supporting measures on the WWAN modems from China on June 30, 2010. It is the first time the EU has made simultaneous triple investigations on a China-made product, Yao said.The move is unheard of for World Trade Organization members when dealing with trade remedy cases in practice, Yao said. The Chinese public and people working in the industry showed strong dissatisfaction towards the EU's practice.The WWAN modems are high-tech products that are constantly updated. These Chinese-made modems promote the advances of the technology and created new market fields which benefited the EU consumers, Yao said.The EU's investigations will disrupt normal trade and hurt the interests of EU consumers, he said.Yao further stated that the EU's move is also running counter to the deepening China-EU friendship.He said he hoped the EU could take actions based upon relevant laws and the facts and keep their promise on being opposed to trade protectionism, lest it damages China-EU economic and trade relations and also the EU economy.China will take corresponding measures within the rules of the World Trade organization in due time, he added.The investigation is the largest trade remedy investigation case against China, involving a total value of 4.1 billion U.S. dollars in exports.Wireless modems send or receive data as a radio signal.The 27-member EU is China's biggest trade partner. China is the EU's second-biggest trade partner and is its biggest source of imports.China's main exports to Europe are machinery and domestic goods, including clothes and shoes. While the EU's main exports to China include industrial machinery, transport equipment, chemicals and high-end consumer goods.Concerning the request for consultations from the United States about China's alleged anti-dumping and anti-subsidy duties on U.S.steel exports and China's policies on the electronic payment market, China has received the request and will resolve the issue based upon WTO rules, said MOC officials.U.S. trade representative Ron Kirk filed a statement with the WTO Wednesday, claiming China imposes duties on U.S. steel exports and discriminates against suppliers of electronic payment services from the U.S.China's policies on electronic payment services are consistent with the country's commitment to the WTO and the anti-dumping and anti-subsidy duties on U.S.-made steel are also in line with WTO rules, according to the MOC.U.S. is China's second largest trade partner.
BEIJING, Oct. 11 (Xinhua) -- China on Monday vowed to continue its financial support to reconstruction projects in areas ravaged by the major Wenchuan earthquake in 2008, promising lower rates on loans and demanding an easier deposit reserve requirement ratio from banks in the regions.The new pledge came in a joint statement on the website of the People's Bank of China, or the central bank, which announced the continued financial support along with the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.Banks in the quake-hit areas should continue to provide financial support and services to reconstruction projects in the regions, as post-earthquake reconstruction is still in a critical period, the statement said.The magnitude-8.0 quake, with its epicenter in Wenchuan in southwest China's Sichuan Province, left more than 87,000 people dead or missing and more than 374,640 injured. Millions of houses were also flattened during the major quake."We should keep the continuity and stability of our financial support to the regions and make our financial services better targeted and more effective," it said.According to the statement, local banks in the quake-hit areas will continue to enjoy a lower deposit reserve requirement ratio, compared with elsewhere, until June 30, 2011, and such banks will also be exempt from any hike of the reserve requirement ratio during this period.The statement ordered local bank branches in the quake-hit areas to provide prioritized financial services to projects in fields of infrastructure facilities, agriculture, medium and small enterprises, as well as ecological and environmental protection in the region.China's central bank and banking, securities and insurance regulators encourage eligible companies in the quake-hit regions to widen their finance channels through inter-bank short-term bond issuances, bills and other financial instruments, according to the statement.Also, local banks' preferential policies on loans to home reconstruction would remain unchanged in the quake-hit regions, it said.However, loans to projects with high consumption of energy and heavy pollution must be strictly controlled in a bid to facilitate energy-savings and reduce carbon dioxide emissions in the region, according to the statement.Chinese lenders had extended 172.4 billion yuan (25.35 billion U.S. dollars) loans for relief and reconstruction in regions devastated in the earthquake by the end of the first quarter, according to the central bank's figures released in May this year.Outstanding loans at banks in quake-hit provinces, including Sichuan, Shaanxi and Gansu, surged 34 percent year on year to 2.29 trillion yuan at the end of March.
BEIJING, Nov. 2 (Xinhua) -- Chinese companies' overseas investment rose 10.4 percent year on year in the first nine months even as global investment as a whole dropped sharply over the period, a senior Chinese official said Tuesday.Chinese companies invested 36.3 billion U.S. dollars overseas in the first three quarters, excluding investments in financial sectors, as other other companies, hit by the global downturn, reduced overseas investment, Zhang Xiaoqiang, vice chairman of the National Development and Reform Commission, China's top economic planning agency, said at the opening of the 2nd China Overseas Investment Fair in Beijing.China has emerged as a major source of foreign direct investment (FDI) outflows.Although global FDI outflows dropped 40 percent year on year in 2009, China's overseas investments rose 14.2 percent year on year to 47.8 billion U.S. dollars, said Zhang.By the end of 2009, more than 12,000 Chinese firms had set up 13,000 overseas enterprises in 170 countries and regions, he said.The National Development and Reform Commission approved the two-day Second China Overseas Investment Fair, which the China Industrial Overseas Development and Planning Association (CIODPA) and China Development Bank are co-hosting.Representatives of government, multinational companies, international organizations and financial institutions from more than 120 countries gathered at the trade fair to persuade Chinese investors to invest overseas.