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BEIJING, Nov. 12 (Xinhua) -- The 2010 World Expo to be held in China is a chance both for the country and the world, said Premier Wen Jiabao at an international forum of the Shanghai Expo held here Thursday. The forum, with the theme of "collecting global wisdom, jointly creating cities' future," is of great significance to enriching the meaning of the 2010 World Expo and promoting its success, Wen said. Chinese Premier Wen Jiabao addresses the opening ceremony of the 7th World Expo 2010 Shanghai China Forum in Beijing, capital of China, Nov. 12, 2009. The premier said the Chinese expressed the wish to hold the World Expo in the country more than a century ago, but realized the dream only after the founding of New China and 30 years of rapid progress during the reform and opening-up drive. To be held in the most populous developing nation in the world, the World Expo fully shows its strong vitality, Wen noted. He said China would continue to go all out for the event's preparations. Chinese Premier Wen Jiabao (Back) addresses the opening ceremony of the 7th World Expo 2010 Shanghai China Forum in Beijing, capital of China, Nov. 12, 2009Wen also briefed on China's reaction on the global financial crisis and current economic situation. China has been active and responsible in coping with the global economic recession by earnestly dealing with its own business and comprehensively participating in international cooperation, Wen said. China has always been paying great attention to comprehensive, coordinated and sustainable development and sticking to the expansion of domestic demand, especially consumption, as a foothold during the process of economic stimulus, Wen said. Chinese Premier Wen Jiabao (R) talks with Vicente Loscertales (C), secretary general of the International Expositions Bureau, and Jean-Pierre Lafon, president of the International Expositions Bureau, after the opening ceremony of the 7th World Expo 2010 Shanghai China Forum in Beijing, capital of China, Nov. 12, 2009Facts show China's stimulus package is "timely, strong and effective," Wen said. China will strike an appropriate balance between maintaining economic growth, restructuring the economy and managing the inflation expectations, Wen said. China will continue to implement active fiscal policy and moderately loose monetary policy amid the mounting evidence of consolidated economic recovery, Wen said. Chinese government unveiled a 4-trillion yuan (586 billion U.S. dollars) stimulus package a year ago and industry stimulus and restructuring plans earlier this year for 10 sectors.
SHANGHAI, Dec. 4 (Xinhua) -- Canada would like to further economic ties with China, said visiting Canadian Prime Minister Stephen Harper here on Friday. Harper announced the launch of four new trade offices in China by the Canadian government in cooperation with the Canadian Commercial Cooperation at a welcome banquet here Friday night. Canadian Prime Minister Stephen Harper delivers a speech at the Canada-China 100-year-trade banquet in Shanghai, east China, Dec. 4, 2009.Addressing the banquet, Harper said, this announcement is a concrete step Canada is taking toward enhancing and expanding its economic ties with China. The new offices are in addition to the two International Trade Minister Day launched in April, said Harper, adding that "Together, they will enhance our ability to support even more commercial links in exports, investment and innovation between our two countries." According to Harper, since 2005 alone, two-way merchandise trade between the two countries has grown steadily each year by an average of more than 14 percent. During this period, Canadian exports to China have grown by more than 3 billion dollars. The total bilateral trade is now valued at over 53 billion dollars. China is Canada's second largest merchandise trading partner and third largest export market. Canadian Prime Minister Stephen Harper delivers a speech at the Canada-China 100-year-trade banquet in Shanghai, east China, Dec. 4, 2009Harper said, to help growing this relationship, the Canadian government has recently dedicated over a billion dollars into trade infrastructure on the pacific coast--the Asia-Pacific Gateway, which is an integrated system of ports, airports, road and rail connections that link Asia deep into the heart of the North American marketplace. Facing the economic downturn, both Canada and China have been strong contributors to the collective efforts of the G20 to foster a genuine, global recovery, said Harper, noting that both countries need to keep voices strong and united at the G20 table. "I look forward to welcoming President Hu to Canada next year when we host the next meeting of G20." In June 2010, Canada will host the G8 summit in the Muskoka region of central Ontario and also co-host a G20 summit there with the Republic of Korea. Harper also stressed the importance to remove protectionist barriers and ease trade restrictions, saying that pursuing freer trade is the most effective "antidote" to the current crisis. By announcing Canada's second-round funding under the Asia-Pacific Partnership on Clean Development and Climate, Harper vowed to enhance energy cooperation with China. With the second phase of projects, Canada will have invested in twenty-eight clean technology projects worldwide, including fourteen new projects in or of benefit to China, said Harper. The welcome banquet, co-hosted by Canadian Chamber of Commerce in Shanghai and Canada-China Business Council, was held to mark the one hundredth anniversary of the launch of Canada's Trade Commissioner Service in Shanghai.
BEIJING, Jan. 10 (Xinhua) -- China's foreign trade in 2009 dropped 13.9 percent from a year earlier to 2.21 trillion U.S. dollars and its trade surplus last year slid 34.2 percent year on year to 196.1 billion U.S. dollars, according to figures released Sunday by the General Administration of Customs (GAC). In breakdown, China's exports in 2009 stood at 1.2 trillion U.S. dollars, down 16 percent from in 2008, and imports reached 1.01 trillion U.S. dollars, down 11.2 percent from a year earlier, said the GAC. In December 2009, monthly trade amounted to 243 billion U.S. dollars, which represented a year-on-year increase of 32.7 percent and a month-to-month rise of 16.7 percent. Last month, China's exports were worth 130.7 billion U.S. dollars, up 17.7 percent from a year earlier. December's imports hit record monthly high to reach 112.3 billion U.S. dollars, up 55.9 percent from the same period of 2008, according to the GAC.
BEIJING, Dec. 29 (Xinhua) -- Chinese Vice Premier Li Keqiang has stressed that more efforts should be made to improve the people's livelihood while promoting economic growth. Li made the remarks during a recent visit to north China's Shanxi Province, where he chatted with village cadres and laid-off workers. He said it is an important duty for the Party and government to solve the basic livelihood problems of the people. The goal of the nation's economic growth is to improve the people's well-being, he said. Chinese Vice Premier Li Keqiang (R) inspects the "shanty towns" to be pulled down at Guloudongjie Street in Datong, north China's Shanxi Province, Dec. 27, 2009. Li Keqiang made an inspection tour in Shanxi from Dec. 27 to 28Li also said the government should help meet the basic needs of disadvantaged people and further promote employment, compulsory education, basic medical care, public health and affordable housing projects to ensure the people's well-being. The efforts would not only let more people share the fruits of development, but promote the country's domestic demand and economic restructuring, according to Li.
BEIJING, Jan. 8 (Xinhua) -- China issued a directive Friday that aims to promote renovation of the substandard dwellings in the country's urban areas and at state-owned factories and mines, in a move to improve the livelihood of low-income people. Renovation of squatter homes in cities and at state-owned factories should be completed in the next fives years, according to the directive posted by the Ministry of Housing and Urban-Rural Development on its website. Priority should be given to "the shanty towns covering large areas and with severe safety defects," according to the ministry. It also urged relevant departments to give full respect to the rights and interests of the people living in substandard dwellings, who are mainly low-income laid-off workers, and to ensure that renovating work be conducted in an open and fair way. The directive put forward multiple ways to finance the renovation work, including government funds, favorable loans from financial institutions, and tax rebates. By the end of 2008, China had 11.48 million families living in substandard housing, 7.44 million of which lived in cities, 2.38 million near state-owned plants and mines, 1.66 million in forest zones and reclamation areas.