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BEIJING, Sept. 10 (Xinhua) -- Senior Communist Party of China (CPC) leader Zhou Yongkang said here Friday that China-South Africa relations have never been so good.Zhou, member of the Standing Committee of the CPC Central Committee Political Bureau, made the remarks when meeting with South African Minister in the Presidency Trevor Manuel.Hailing South African President Jacob Zuma's visit to China in August, Zhou said bilateral cooperation in trade and economy, culture, justice and security had maintained sound momentum.During Zuma's visit, the two countries signed the Beijing Declaration, in which they announced the establishment of the "comprehensive strategic partnership" and mapped out cooperative framework over the next 10 to 15 years.Zhou said he hoped China and South Africa could further implement consensuses reached by leaders of the two countries.Manuel, also in charge of South Africa's National Planning Commission , said he was responsible for the next 15-year plan of South Africa's development, and hoped to learn more from China's success in development.Zhou said China was willing to expand exchanges with South Africa in this regard, as China was working on formulating the 12th Five-year Plan (2011-2015).China became South Africa's largest export destination at the beginning of 2009, and remained South Africa's largest import partner.

BEIJING, Aug. 28 (Xinhua) -- China's top legislature on Saturday approved an amendment to the Basic Law of the Hong Kong Special Administrative Region regarding the method of selecting Hong Kong's Chief Executive.The amendment to Annexes I to the Basic Law was approved at the bimonthly meeting of the Standing Committee of the National People's Congress (NPC), the top legislature, which ended Saturday.The NPC Standing Committee approved an examination report on an amendment to Annexes II of the Basic Law concerning the formation of the city's Legislative Council and agreed to file it on the record.The NPC Standing Committee's concluding meeting was presided over by Wu Bangguo, chairman of the NPC Standing Committee.The two amendments would take effect after the legislature's approval, Wu said.Wu said the two amendments had embodied the common opinions among the Hong Kong communities, gone through due procedures in the laws and was in accordance with interpretations and decisions of the NPC Standing Committee.The two amendments would help to maintain and promote the long-term prosperity and stability in Hong Kong, Wu said.The NPC Standing Committee members had called for unswervingly following the principle of "one country, two systems" and the Basic Law, to push forward a gradual promotion of Hong Kong's political system, Wu said.Legislators at the session also adopted the People's Mediation Law and the amendment to the Law on Officers in Reserve Forces.Further, President Hu Jintao signed decrees to publish the new Law, which will come into effect in 2011, and the amendment to the Law on Officers in Reserve Forces, which will be implemented after its being published.The legislature also ratified the International Convention for the Suppression of Acts of Nuclear Terrorism.During his speech at the concluding meeting, Wu also said the situation of China's economy was in a crucial stage from recovery to a steady growth.However, he noted that the work to maintain satisfactory growth was still an arduous job.Wu also said he appreciated the reports on cleaner production inspection and grain safety work, which were presented during the session.The NPC Standing Committee also appointed Chen Jianguo and Shi Zongyuan as vice chairmen of two special committees under the NPC.

NANNING, Oct. 19 (Xinhua) -- China and member states on the Association of Southeast Asian Nations (ASEAN) are seeking new cooperation opportunities at the 7th China-ASEAN Expo while reviewing fruitful results from more than nine months' operation of China-ASEAN free trade area (CAFTA).The 7th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit, with the theme of free trade and new opportunities, opens Tuesday in Nanning, capital of south China's Guangxi Zhuang Autonomous Region.Buoyed by the zero-tariff framework under the CAFTA, more than 2,000 enterprises from home and abroad are taking part in the 7th CAEXPO, which has 4,600 exhibition booths. Jia Qinglin (C Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, announces the opening of the 7th China-ASEAN Expo (CAEXPO) in Nanning, capital of southwest China's Guangxi Zhuang Autonomous Region, Oct. 19, 2010.Top Chinese political advisor Jia Qinglin, Indonesian Vice President Boediono, and other high-ranking officials, businessmen and scholars from China and the 10 ASEAN nations also gathered in the southern Chinese city to attend the opening of the expo and the summit.The much-anticipated CAFTA was formally launched on Jan.1, 2010. With a population of 1.9 billion and a combined gross domestic product (GDP) of 6 trillion US dollars, the CAFTA ranks as the world's third largest trade zone following North American FTA and the European FTA.From January to September, the two-way trade volume reached 211.3 billion U.S. dollars, up 44 percent year-on-year, an eye-catching growth as the world economy just saw a turnaround after the financial crisis.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), said in a keynote speech at the opening ceremony of the summit that cementing and reinforcing the China-ASEAN strategic partnership is in the common interests of the two sides.

BEIJING, Nov. 4 (Xinhua) -- A senior official with the China Chamber of International Commerce (CCIC) said Wednesday the United States has launched the wrong probe at the wrong time into the policies and practices by China in its green technology sector, as now is the "best time" for bilateral cooperation in the sector.The denunciation of the 301 probe by Lin Shunjie, CCIC deputy secretary general, came after the U.S. government decided to initiate an investigation on Oct. 15 into China's policies and practices in the clean energy industry, acting upon a petition filed in September by the United Steelworkers union.The union claimed the massive subsidies and discriminatory policies by China were shutting U.S. businesses out of China's renewable energy market and causing job losses in the United States. These charges come amidst worries that U.S. protectionist measures against its trade partners might be on the rise due to its sluggish economic recovery.However, Lin Shunjie said government subsidies in the United States to protect its clean energy industry were more extensive than those in China, adding the United States should reevaluate its subsidy policies and to especially benefit small and medium-sized companies.Further, Lin suggested the U.S. government increase the channels of financing for these small-scale companies in order to improve their competence in trade, rather than accuse other countries."The competence of small and medium-sized renewable energy companies in the United States is far behind those in Europe, Japan, and even Australia," said Lin, "while the Chinese market is open and is willing to import more products from overseas."Lin added that China had a trade platform for imported goods exhibitions in Shanghai, but so far very few U.S. companies have reached deals. "The U.S. government has not done enough in helping its enterprises increase their exports."The next five to 10 years would be the period when China and the United States see technology transfers and heightened inter-dependence of markets, Lin said while attending a conference held in Beijing on Wednesday.

BEIJING, Oct. 16 (Xinhua) - China's gross domestic product (GDP) will grow about 9 percent next year, but the economy will be challenged by rising labor costs, liquidity problems and difficulty in sustaining rapid growth in the long run, a senior researcher at the country's top think-tank said Saturday.Liu Shijin, deputy director of the Development Research Center of the State Council, or China's Cabinet, spoke at the OTO Fortune Forum held by the Bank of Communications.As for the year 2010, Liu predicted an annual 10-percent GDP growth due to the economic slowdown in China during the second half of the year.He said China's exports and investments would be much better in 2011 than this year, but the growth rate of consumption would pull back slightly from this year's boom, making 9 percent growth "very likely".To keep its economy on track for sustained growth, however, China still faces three major challenges in the long term, according to Liu's research."The first challenge comes from the rapid rise of labor costs in the country," Liu said, warning: "The competitiveness of Chinese companies will be threatened by rising labor costs unless they find a new source of growth, such as innovation."The second challenge is from liquidity as China's currency, the renminbi, and other non-U.S. dollar currencies are under forced appreciation pressure following the Federal Reserve's considering a new round of quantitative easing of the monetary policy, he said.The greenback, which serves as the world's reserve currency, tumbled against most major currencies this week on expected easing move by the Federal Reserve to pump more money into the U.S. economy next month.Meanwhile, China's economic stimulus package also injected excessive liquidity into the market, pushing up prices of commodities, equities and other land-related assets or resources, he added.The third major challenge concerns whether China can maintain its quick economic expansion in the future, he said.According to Liu's forecast, in the next three to five years China's GDP growth will slow to a moderate speed of around 7 percent from its current 10 percent."Actually, we don't have to be too worried about an economy with moderate expansion," he said, "because the current economic growth is too high for China."