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BEIJING, Feb. 4 (Xinhua) -- Centralized procurement by the Chinese government has helped save close to 2 billion yuan (about 290 million U.S. dollars) in 2009, an official said here Thursday.The Chinese government spent more than 14.7 billion yuan in government procurement last year, Chen Jianming, director with the government procurement center said during a work conference held in Beijing.The figure was 1.8 billion yuan more than in 2008, he said.Chen noted that Chinese government departments had made "remarkable" progress in reducing their expenditures in 2009.For instance, the amount of money spent on purchasing vehicles by the government departments in 2009 dropped by 35 percent year on year, he said.They also spent two percent less in government procurement for work conferences compared with the year before, he said.Chen said the government purchases will continue to focus on energy-efficient, environment-friendly, as well as innovative and domestic products in 2010.The procurement center would stick to the policies of protecting information security and supporting small and medium-sized companies when making purchases, in order to push forward the development of the country's industries and the readjustment of its economic structure, Chen said.

BEIJING, Feb. 21 (Xinhua) -- The Chinese government's insight and the adjustment of the economic pattern were the two major factors helping China ride out the global economic downturn, scholars said here Sunday.Zhuang Fuling, professor of Renmin University, said the Chinese government made a correct analysis of China's economic situation and took quick and resolute action.At the end of 2007, the central government called for vigilance against possible scenarios of various sorts. Moreover, in the Central Economic Work Conference held in December 2008, China drew up guidelines to cope with the global economic downturn through domestic consumption expansion, development pattern transformation, key sectors reforms, and continued effort to open up and improve people's livelihood.Ye Duchu, professor of Party School of the Central Committee of the Communist Party of China (CPC), attributed the success to China's systemic advantages."We could employ the country's fullest strength to reduce or offset the negative implications of the crisis," Ye said.The National Bureau of Statistics revealed on Jan. 21 that China maintained a GDP growth rate of 8.7 percent in 2009 despite the global recession.The global financial crisis, by nature a challenge to China's development mode, prompted the country to quicken its drive to transform its economic pattern in a bid to realize sustainable development for the future, scholars say.Lu Zhongyuan, deputy director of Development Research Center under the State Council, said China should seize the opportunity to optimize the economic structure and promote the system and technological innovation.Jin Bei, president of Institute of Economy under Chinese Academy of Social Sciences, considered the crisis a good chance for competitive enterprises to carry out strategic adjustment.On Feb. 3, Chinese President Hu Jintao called for the whole nation's efforts to accelerate the adjustment of China's economic development pattern to promote sound and fast economic and social development.Wu Zongxin, counselor of Counselors' Office of the State Council, highlighted the building of the CPC in pulling through the global economic downturn."China's good performance during crisis is attributed to its staunch and capable leadership," said Wu.The Fourth Plenary Session of the 17th CPC Central Committee urged all Party members to be prepared for dangers in times of peace and push forward Party building work to ensure the Party's "backbone" position in people's minds when coping with various domestic and overseas challenges.Zhuang said the rapid and sustained economic growth called for strengthening and improving the Party building under the new circumstances.The cadres of the Party at county levels have been trained at the Party School of the CPC Central Committee since 2008 in a bid to better cope with the global financial crisis."This is an endeavor rarely seen in the world, thus guaranteeing China's effective response in fight against the crisis," said Ye.

BEIJING, March 8 (Xinhua) -- China is making plans to upgrade its food safety system, stressing improved quality standards and strengthened supervision, according to a notice made public Monday at www.gov.cn.In late February, south China's Hainan Province took emergency measures to stop toxic cow peas from entering the market after about 3.5 tonnes of Hainan cow peas found were tainted with a poisonous pesticide.To prevent such incidents and help ensure food safety, the country plans to increase the frequency of food tests and inspections -- especially for dairy products and other high-risk food.National quality standards for diary products will also be released this year.At least six infants died and almost 300,000 became ill across the country after consuming dairy products tainted with the industrial chemical melamine. The scandal was first reported in September 2008 and prompted a food safety overhaul nationwide.

XIAMEN, Fujian, Feb. 15 (Xinhua) -- Chinese President Hu Jintao has called for efforts to accelerate the construction of the economic zone on the western side of the Taiwan Strait during his four-day inspection tour to Fujian Province that ended Monday.Hu urged Fujian officials and people to seize the favorable opportunities offered by the central government on the construction of the economic zone and accelerate the transformation of the economic growth mode.Hu, also general secretary of the Communist Party of China (CPC) Central Committee, visited Zhangzhou, Longyan and Xiamen in Fujian during the inspection tour and celebrated the Spring Festival, or Lunar New Year, with local residents and Taiwan compatriots living in Fujian.Chinese President Hu Jintao (R Front) meets with model workers in Xiamen, southeast China's Fujian Province, Feb. 14, 2010. President Hu made an inspection tour in Fujian from Feb. 12 to 15.Hu stressed the role of tourism in the transformation of the economic growth mode, urging local authorities to make Fujian a tourist resort with international fame.During his visit to a tourist information center in Xiamen, Hu urged the city to strengthen its tourism management and provide better services to solicit more visitors.Chinese President Hu Jintao (R Front) meets with workers and tourists at a tourism consultation center in Xiamen, southeast China's Fujian Province, Feb. 14, 2010. President Hu made an inspection tour in Fujian from Feb. 12 to 15Hu also visited some tourist attractions including the Gulangyu Islet and extended his greetings to travellers.When inspecting the Haitian Wharf, the largest container terminal in the province, he urged the operator to boost the cross-Strait cooperation in economy and trade with better services.During his visit to the Xiamen Strait Cruise Center, Hu talked with a Taiwan passenger awaiting the ship, who said the travels across the Strait are much more convenient than before. Hu said that compatriots across the Strait are like family members and should keep in close contact.Hu extended Spring Festival greetings to migrant workers at the construction site of Xiang'an Tunnel in Xiamen. Speaking highly of the migrant workers as a labor force growing in China's reform and opening up, Hu urged all government departments to be more concerned about these workers.During his tour in Zhangzhou and Longyan, Hu visited some Taiwan businesses. He also promised favorable polices to support and accelerate the development of old revolutionary bases. Chinese President Hu Jintao (R Front) meets with Haitian dock workers in Xiamen, southeast China's Fujian Province, Feb. 14, 2010. President Hu made an inspection tour in Fujian from Feb. 12 to 15

BEIJING, March 11 (Xinhua) -- The Bank of China (BOC) plans to issue new Hong Kong-listed H shares, about 20 percent of its current H shares, as soon as possible, said BOC Board Chairman Xiao Gang Thursday.But the BOC had to wait for approvals from shareholders and securities regulators on the mainland and in Hong Kong, Xiao said.The BOC, China's third largest bank by market value, in January declared it would sell no more than 40 billion yuan (5.86 billion U.S. dollars) of bonds convertible to A shares to improve capital adequacy.The BOC currently had no acquisition plans in China or overseas, Xiao said.The biggest credit risks lied in the local governments' financing units and the BOC was tightening loans to these units, he said.

来源：资阳报