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SHANGHAI, July 30 (Xinhua) -- China would firmly stick to its moderately easy monetary policy and concrete the recovery momentum of the country's economy, said vice governor of China's central bank on Wednesday. Su Ning, Vice Governor of the People's Bank of China (PBOC) made the remarks in a meeting held in the bank's Shanghai-based headquarter, saying a proactive fiscal policy and moderately easy monetary policy were crucial for sustained growth. Despite an initial economy recovery resulted from the government's stimulus efforts in the first half, the country still faced severe difficulties and challenges from both domestic and abroad. In the second half, the PBOC would use a set of monetary policy mix to coordinate a "reasonable" credit structure based on market rules, and to ensure more loans to major infrastructure construction and technology innovation, Said Su. China's economy rebounded to grow 7.9 percent in the second quarter driven by a surge of fixed-asset investment backed by government's 4-trillion-yuan stimulus package on last September. Chinese banks lent a record 7.37 trillion yuan in the first half to shore up the economy, which sank to 6.1 percent in the first quarter.
BEIJING/TAIPEI, Aug. 22 (Xinhua) -- Taiwan has started building homes for hundreds of homeless families left by Typhoon Morakot with assistance from the mainland. Prefabricated houses with blue roof and white walls, donated by the Chinese mainland, are being set up in Pingtung County in the south of the island. Local authorities told Xinhua Saturday that so far more than 400 homeless families have applied for the prefab houses, which have been tested safe. Recovering signs appear in the island as Xinhua reporters saw children in the county studied in a mobile bookstore on rubble, and villages in Kaohsiung County sold homemade handbags to save money for reconstruction. In addition to the Taiwan authorities' three-year reconstruction budget of about 100 billion New Taiwan Dollars (3.12 billion U.S. dollars), the Chinese mainland has contributed 781.8 million yuan (115 million U.S. dollars) two weeks after the disaster hit Taiwan. The mainland's donation came from all circles of the country, including people in Sichuan Province who received generous support from Taiwan compatriots and Buddhists and monks who pray for blessings of the typhoon victims in the island. "We will never forget the Taiwan rescuers who helped us live through the Wenchuan earthquake last year," said a worker of Dongfang Steam Turbine Works in Sichuan's Mianzhu City. The company donated one million yuan to Taiwan victims with another 500,000 yuan raised by the company's workers. The mainland has promised to spare no effort and offer medical, rescue, engineering and other available personnel or equipment that Taiwan compatriots need. On Friday afternoon, 18 tonnes of vegetable was shipped to Kinmen from its closest mainland city Xiamen of Fujian Province as an emergent support to ease the vegetable shortage caused by the typhoon. "We are contacting the agricultural associations in Taiwan and if they request we can quickly collect large amount of vegetable and send them to help Taiwan compatriots," said Guo Hao, a food company boss in Fujian. Other disaster-relieving materials from the mainland are on the way to the island. The second batch of prefab houses arrived in Kaohsiung on Saturday afternoon and three mainland engineers headed for Taiwan to help install those houses. The mainland's ports, maritime and transport authorities have provided favorable procedures for the disaster relief materials to Taiwan.

MOSCOW, Oct. 15 (Xinhua) -- The future of Russia-China relations is looking bright following Russian Prime Minister Vladimir Putin's three-day visit to China, which included the 14th Chinese-Russian prime ministers' meeting with Chinese Premier Wen Jiabao. Chinese President Hu Jintao, who met with Putin on Wednesday, the last day of his visit, spoke highly of the development of the China-Russia strategic partnership of coordination and the results of the 14th regular meeting between Putin and his Chinese counterpart. Hu said China was willing to exert joint efforts with Russia and take the opportunities to further enhance political mutual trust, deepen pragmatic cooperation, especially cooperation on energy, high technology and culture, to elevate the China-Russia strategic partnership of coordination to a new high. Chinese President Hu Jintao (R) meets with Russian Prime Minister Vladimir Putin in Beijing, capital of China, Oct. 14, 2009 USHER IN A NEW STAGE IN BILATERAL TIES China-Russia ties have become mature and stable since the forging of bilateral diplomatic ties 60 yeas ago, particularly since the establishment of the China-Russia strategic partnership of coordination in 1996. The partnership has reached an unprecedented high level and maintains a sound momentum of rapid development. The development of China-Russia relations has not only brought tangible benefits to both peoples, but has gone far beyond the relationship between the two countries and become a significant factor in facilitating world peace and stability. Wen, during talks with Putin, stressed that China was ready to work with Russia to take the China-Russia strategic partnership of coordination to a new phase. Putin, in an interview with Xinhua and other major Chinese media, said Russia-China cooperation is one of the most important cornerstones of world stability. Chinese Premier Wen Jiabao (R Front) shakes hands with Russian Prime Minister Vladimir Putin (L Front) after signing the joint communique of the 14th regular prime ministers' talks between China and Russia, at the Great Hall of the People in Beijing, capital of China, Oct. 13, 2009The joint communique, signed after the regular meeting between Wen and Putin, reiterated that the China-Russia strategic partnership of coordination was the priority of both countries' foreign polices. The two sides would observe the principle and spirit of the treaty on good-neighborly and friendly cooperation, firmly reinforce strategic coordination and pragmatic cooperation, jointly tackle new threats and challenges, and push for a multi-polar world and the democratization of international relations. During Putin's stay in Beijing, the two countries inked an agreement on mutual notification of ballistic missiles and launch of carrier rockets, demonstrating the extraordinary level of strategic mutual trust. BOOSTING BILATERAL TRADE & ECONOMIC COOPERATION High on Putin's agenda for his trip was to widen cooperation fields and move forward pragmatic trade and economic cooperation. An enhanced China-Russia strategic partnership of coordination has greatly boosted bilateral trade and economic cooperation, with the two-way trade volume soaring to 56.8 billion U.S. dollars last year from barely several billion dollars in early 1990s. Chinese Premier Wen Jiabao (R Front) and Russian Prime Minister Vladimir Putin (L Front) meet the entrepreneurs' delegates who are here to attend the Fourth China-Russia Economic and Trade Summit Forum at the Great Hall of the People in Beijing, capital of China, Oct. 13, 2009However, bilateral trade was hit hard by the international financial crisis. The regular meeting between prime ministers agreed that the two countries would use tough measures to jointly handle the economic downturn and ensure the general trend of constantly broadening and deepening trade and economic ties. During the visit, Putin was accompanied by a group of Russian business people, who signed with their Chinese counterparts deals worth 4 billion U.S. dollars. The two countries clinched an array of cooperation documents, including agreements and memorandums on natural gas, oil, an express railway, the space industry and nuclear energy. Although the bilateral trade volume shrank, both sides' position in each other's foreign trade ties became more prominent and the trade structure is improving gradually. Progress has been made on investment cooperation and more joint projects such as lumber processing, resource exploitation and infrastructure construction have been carried out on Russian territories. In particular, the two countries are pushing forward large-scale oil and gas projects in a steady manner. The launch of the China-Russia oil pipeline project marked a new stage of long-term and strategic cooperation in the oil sector. The two sides will also advance gas cooperation in accordance with a memorandum of understanding on gas cooperation reached in June. Meanwhile, the two states are fulfilling an outline of regional cooperation between Northeast China and the Russian Far East Area and Eastern Siberia, which envisions prosperous cooperation between border regions. The economies of China and Russia are mutually complementary and in a critical phase in development. As long as they plan from a long-term perspective, display their strengths and cooperate closely, they will overcome the current difficulties and realize a win-win situation. BEEFED UP CULTURAL COOPERATION On Tuesday, Putin and Wen attended an evening gala to mark the 60th anniversary of bilateral diplomatic ties at the Great Hall of the People in Beijing. They also celebrated the success of the Year of Russian Language in China. Russian performers dance during an evening gala to celebrate the 60th anniversary of the establishment of diplomatic relations between China and Russia at the Great Hall of the People in Beijing, capital of China, Oct. 13, 2009. Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin attended the evening gala. The evening gala also marked the end of a half-year-long program, "Year of Russian Language" in ChinaThe reciprocal language years, Year of Russian Language in China in 2009 and Year of Chinese Language in Russia in 2010, is an important step to enhancing bilateral cultural cooperation under current conditions. Leaders of both countries have always attached great importance to exchanges between the two peoples, especially the youth, which would promote the understanding and friendship between the them and thus consolidate the social foundation of the China-Russia strategic partnership of coordination. More than 200 events, which involved tens of thousands of people, were staged during Year of Russian Language in China. Putin said that Year of Chinese Language in Russia would see a series of activities that would interest the young, experts and scholars, and fans of the Chinese culture. During Putin's visit, the two countries also signed a deal on forming culture centers reciprocally, and agreed to further exchanges between students, youth and education circles, as well as stepping up cooperation on tourism, health and care, sports, media and the film industry. There is reason to believe that, with the efforts by both sides, China-Russia cultural cooperation will yield more fruitful results and lay a solid foundation for the Sino-Russian strategic partnership of coordination.
BEIJING, Aug. 15 (Xinhua) -- China's top economic planner, the National Development and Reform Commission, said Saturday it is drafting a development plan for the emerging industry of energy conservation and environmental protection. The commission said in a statement posted on its Web site that the move is aimed to counter the impact of the global financial crisis by "accelerating the cultivation of emerging industries and aiming at a commanding height in future economic competition." The development plan on the sector covers energy conservation, sustainable use of resources and environmental protection, according to the statement. Technologies, equipment, products and services concerning energy conservation and environmental protection would be involved in the plan, it said. The commission revealed no further details on the plan.
BRUSSELS, Oct. 7 (Xinhua) -- China will work with Belgium to improve political trust and substantial cooperation to make new progress in bilateral ties, Chinese Vice President Xi Jinping said here Wednesday. During talks with Belgian Prime Minister Herman Van Rompuy, Xi put forward a four-point proposal to cement bilateral ties: -- To maintain high-level contacts and political dialogues. China welcomes King Albert II to participate in the 2010 Shanghai Expo and hopes the governments, parliaments and political parties of the two countries to increase exchanges for more understanding and trust; -- To consider the core interests and concerns of each other. China hopes the two sides would deal with the bilateral relations from a strategic and long-term perspective, properly handle disputes based on principles of mutual respect, equal treatment and noninterference in each other's internal affairs, to enhance the development of the bilateral ties in a healthy and stable way; Chinese Vice President Xi Jinping (L) shakes hands with Belgian Prime Minister Herman Van Rompuy, during their talks in Brussels, capital of Belgium, on Oct. 7, 2009. Xi Jinping arrived here on Wednesday to begin a five-nation European tour -- To actively boost tangible cooperation, including investment and technological cooperation. China welcomes Belgian companies to invest in China and encourages its own entrepreneurs to do business in Belgium; -- To increase human and culture exchanges. China will further promote exchanges with Belgium in various sectors including culture, education and tourism. Chinese Vice President Xi Jinping (2nd L) holds talks with Belgian Prime Minister Herman Van Rompuy (4th R) in Brussels, capital of Belgium, on Oct. 7, 2009. Xi Jinping arrived here on Wednesday to begin a five-nation European tourVan Rompuy said Belgium would work with China to push forward exchanges and cooperation in all areas. He spoke highly of China's stance in handling the current global financial crisis and the climate change, and pledged to strengthen coordination with China on regional and international issues. He reaffirmed that Belgium would always adhere to the one-China policy and the principle of noninterference in other country's internal affairs, and would not support any separatist activities. Following the talks, Xi and Van Rompuy attended the signing ceremony of a number of agreements on science, finance and trade cooperation. Xi arrived here Wednesday afternoon for an official visit to Belgium, the first leg of his European tour. He will also visit Germany, Bulgaria, Hungary and Romania.
来源:资阳报