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BEIJING, April 15 (Xinhua) -- A large number of countries and international and regional organizations have extended their condolences to China for an earthquake that hit northwest China's Qinghai Province and that has killed at least 617 people.Messages of condolences were sent to President Hu Jintao, Premier Wen Jiabao, and Wu Bangguo, chairman of the Standing Committee of the National People's Congress.The 7.1-magnitude quake struck the Tibetan Autonomous Prefecture of Yushu in southern Qinghai Province early Wednesday, leaving at least 617 people dead, 9,110 injured and hundreds missing.Russian President Dmitry Medvedev and Prime Minister Vladimir Putin on Wednesday extended profound condolences to Hu over victims of the devastating quake while pledging assistance in dealing with the aftermath.U.S. Secretary of State Hillary Clinton and House Speaker Nancy Pelosi issued statements on the same day, sending condolences to the families of the quake victims and pledging assistance.French President Nicolas Sarkozy expressed "the most sincere condolence to the numerous victims in the tragedy" and was "confident of China's capacity to cope with the new ordeal."French Prime Minister Bernard Kouchner said France stands ready to respond to aid requests from China.
BEIJING, May 18 (Xinhua) -- Chinese Premier Wen Jiabao said Tuesday he expects the upcoming visit to China by German Chancellor Angela Merkel to be a new starting point in enhanced China-Germany economic cooperation.Wen made the remarks while meeting with German entrepreneurs and German President Horst Koehler in Beijing.Merkel will visit China in July, Wen said, adding that he hoped the two countries will cooperate in a tangible way.Wen met separately with Koehler earlier Tuesday afternoon.As major manufacturers and trading nations, China and Germany have played active roles in combating the financial crisis, Wen said.Chinese Premier Wen Jiabao (R Front) meets with German President Horst Koehler (L Front) in Beijing, capital of China, May 18, 2010.Wen said the world economy is recovering sluggishly.The sovereign debt crisis in Europe has slowed down the economic recovery, he said, adding that the impact of the crisis is more severe and complicated than people expected.He urged the international community, in particular the major economies, to have a clear understanding of the situation, strengthen confidence, and seek an effective mechanism for global economic governance with joint efforts, so as to actively promote the world economic recovery.Koehler agreed with Wen's views on the international financial situation, praising what China did to combat the financial crisis.
BEIJING, May 21 (Xinhua) -- China's local governments should step up efforts to close 10 million kilowatts of outdated coal-fueled power station capacity this year, Chinese Vice Premier Li Keqiang said Friday.This year is crucial to completing the country's energy saving and emission reduction goals as set out in the Eleventh Five-Year Plan (from 2006 to 2010), Li said in a letter to a national work conference held in Beijing discussing the elimination of backward production capacity.Official figures show China's unit gross domestic product (GDP) energy consumption fell 14.38 percent during the first four years of the Eleventh Five-Year Plan. But efficiency has to improve if the nation is to meet the 20 percent target set for the five-year period."This move is conducive to optimizing the country's power structure, enhancing energy saving and reducing pollution," Li said.
SHANGHAI, May 9 (Xinhua) -- Chinese Vice Premier Hui Liangyu Sunday encouraged the country's meteorologists to improve weather forecasting ability to better serve the country's social and economic development.Weather forecasting is important in carrying out disaster relief, safeguarding people's life and property security, boosting social and economic development, and coping with global climate change, Hui said when visiting the MeteoWorld Pavilion in the 2010 Shanghai World Expo park.He urged meteorologists to resort to scientific innovation to constantly improve weather services.The MeteoWorld Pavilion, built with a white membrane structure, was jointly built by the United Nation's World Meteorological Organization and the China Meteorological Administration. It is the first independent meteorological pavilion in the World Expo history.Shanghai Party chief Yu Zhengsheng joined Hui in visiting the pavilion
BEIJING, April 11 (Xinhua) -- Although China registered the first monthly trade deficit last month in six years, that would be temporary as the demand for imports is likely to ease with the expected moderation in domestic fixed asset investment, said an economist of JP Morgan Chase."With an anticipated recovery in developed economies this year, Chinese exports should improve gradually over the coming months," said Jing Ulrich, chairman of China Equities and Commodities of the U.S. bank in a research note Saturday.That will be proved by the forward looking new export orders component of China's official PMI (Purchasing Managers's Index) which increased to 53.7 in March from 50.3 in February, she said.China reported trade deficit of 7.24 billion U.S. dollars in March, the first since April 2004, as exports rose 24.3 percent year on year, while imports jumped by 66 percent."The pace of China's export recovery and dynamics of imported inflation will shape the country's approach towards currency valuation. A return to the policy of gradual RMB appreciation would allow China to mitigate imported inflation and promote domestic consumption by boosting household purchasing power in local currency terms," she said.She noted that in the longer-run, more flexibility in China's currency regime would allow the central bank to set monetary policy with greater independence from the U.S. Fed Reserves.