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BEIJING, Feb. 4 (Xinhua) -- China and Switzerland held their first study meeting on the feasibility of a Free Trade Area (FTA) in Beijing on Thursday, China's Ministry of Commerce (MOC) said in a statement on its website.The meeting will continue until Friday, the department of international trade and economic affairs of the MOC told Xinhua.According to MOC statistics, bilateral trade between China and Switzerland topped 11.3 billion U.S. dollars in 2008.Although the two-way trade volume dropped slightly on account of the global economic downturn in 2009, the decline rate was small.Official figures also show that Switzerland is China's ninth largest European trade partner, while China is Switzerland's fourth largest global trade partner.
BEIJING, Jan. 21 (Xinhua) -- Beijing's per capita gross domestic product exceeded 10,000 U.S. dollars for the first time last year after a strong economic recovery, a local statistics official said Thursday.The GDP in the Chinese capital grew 10.1 percent to 1.187 trillion yuan (137.8 billion U.S. dollars) in 2009, according to the Beijing Bureau of Statistics.The per capita GDP was 68,788 yuan (10,070 U.S. dollars) as the city had 17.55 million permanent residents at the end of 2009."The breakthrough is a milestone for Beijing," said Yu Xiuqin, the bureau's deputy director. "According to the standards of the World Bank, Beijing has become a moderately well-off city."According to the World Bank, a country or region should be recognized as moderately well-off when its per capita GDP exceeds 10,000 U.S. dollars, the official explained.The service industry contributed to 75 percent of Beijing's GDP and its urbanization rate had reached 85 percent, she said."The Beijing government will take further measures to boost the living standards and social welfare of the rural population to bridge the gap between urban and rural areas," Yu said.

BEIJING, Jan. 27 (Xinhua) -- China's banking regulator asked lenders to keep credit growth at reasonable pace in 2010 and vowed to tighten supervision on property loans amid increasing risk of asset bubbles."Banks should reasonably control new loans, better manage the pace and try to achieve balanced issuance and steady growth of credit quarter by quarter, " Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC) at a meeting on Tuesday.Despite regulator's repeated warnings on risks hidden from the record 9.6 trillion yuan of new loans last year, banks rushed to lend more than 1 trillion yuan in the first month of this year in fear of the expected tighter loan policy in 2010 after the credit binge last year as media reported.An official with the Industrial and Commercial Bank of China told Xinhua the credit growth in the first ten days of January was a little bit fast, and turned smooth in the last days of the month.According to the statement posted on CBRC's Web site on Wednesday, Liu said the regulator will pay special attention to the changes in the property market, strictly enforce relevant policy, and beef up the "window guidance" over credit to the real estate sector.But he restated banks should continue to support first-time home buyers.Liu also told banks to continue lending to fund rural development, small business, consumer spending and environmental protection.He said banks should keep adequate capital and heed of resurgence of bad loans.
BEIJING, Feb. 2 (Xinhua) -- Li Changchun, a senior leader of the Communist Party of China (CPC), on Tuesday urged to provide the country's blind people with easier access to braille publications, textbooks and library services.Li, a Standing Committee member of the Political Bureau of the CPC Central Committee, made the comment when inspecting the China Braille Publishing House in Beijing.Li Changchun (C), member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China(CPC), looks at a braille book during his visit to the China Braille Publishing House in Beijing, capital of China, Feb. 2, 2010He said the CPC Central Committee attached great importance to the well-being of China's handicapped population, including the blind people.He called for stepped-up efforts to provide the blind with better cultural products and services to satisfy their growing need.
BANDAR SERI BEGAWAN, Jan. 25 (Xinhua) -- Brunei Sultan Hassanal Bolkiah met with visiting Chinese State Councilor Dai Bingguo here on Monday.During the meeting, Hassanal said that Brunei and China enjoyed long-run friendly exchanges and the Brunei-China relationship developed smoothly since the two countries established the diplomatic ties nearly 20 years ago.Hassanal said that cooperation between Brunei and China in various fields were also fruitful since then and he was delighted that he had cemented friendship with Chinese leaders.The Brunei royal family and the government attached great importance to developing close and friendly ties with China, and Brunei will continue to stick to the One China policy and strengthen cooperation in economic and trade and energy with China, he said.Hassanal expressed thanks for China's assistance in helping Brunei develop technologies for paddy production and expected more achievements in this field.Dai said that China and Brunei are traditional good neighbors and the two countries have extensive common interests and broad space for cooperation.The bilateral relations developed swiftly since the two countries established the diplomatic ties in 1991, Dai said.Dai noted that China is willing to further its friendly exchanges with Brunei, based on the principles of mutual respect, equality and mutual benefit.China is willing to support and participate in Brunei's strategies to diversify its economy and encourage China's enterprises to invest in Brunei and expand cooperation in economic and trade, energy and agriculture, etc.On Monday, Dai also met with Brunei Foreign and Trade Minister Mohamed Bolkiah and Second Foreign and Trade Minister Lim Jock Seng.Dai arrived here on Sunday on an official visit to the sultanate.
来源:资阳报