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BEIJING, Feb.1 (Xinhua) -- Chinese Vice President Xi Jinping on Monday urged all localities and departments to earnestly summarize experiences of the study and implementation of the Scientific Outlook on Development and make full use of its positive outcomes.Xi, also a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when he chaired a seminar held Monday in Beijing on the sum-up of the study and implementation of the theory, which emphasized the well-being of people and comprehensive, coordinated and sustainable development. Chinese Vice President Xi Jinping (C), who is also a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, addresses at a seminar in Beijing, capital of China, Feb. 1, 2010. Xi Jinping urged all localities and departments to earnestly summarize experiences of the study and implementation of the Scientific Outlook on Development and make full use of its positive outcomes in the seminar.He called for efforts to continue the study and research on the scientific outlook on development and well implement the theory, so as to accumulate new experiences.The CPC launched the campaign to study and implement the theory in September 2008, embracing a wide participation of more than 75 million CPC members.The campaign was scheduled to end at the end of this month, but Xi said, the implementation of the theory was a long-term mission and must be continued.
SHANGHAI, Feb. 9 (Xinhua) -- Chinese bankcard holders' consumer confidence in January was up year on year, according to an index issued jointly by China Unionpay and Xinhua News Agency on Tuesday.The Bankcard Consumer Confidence Index (BCCI) stood at 86.81 in January, 2.44 points higher from the same period last year, and stayed at basically the same level as December 2009, said the index report.The increasing consumer confidence mainly stemmed from China's steadily improving macroeconomic conditions, the report said.China's economy resumed a double-digital growth in the fourth quarter last year, pushing the annual figure beyond the government target of 8 percent at 8.7 percent.The index also resulted from an increase of 9.1 million urban jobs and a higher-than-8-percent income rise for urban and rural residents in 2009, according to the report.The report also attributed the rising confidence to people's growing demand during the New Year and the approaching Spring Festival, the Chinese lunar new year, which falls on Feb. 14 this year.The report said China Unionpay would release the BCCI index on a monthly basis starting 2010.

BEIJING, Jan. 17 (Xinhua) -- The United States needs to face up to its own imbalances rather than engage in more China bashing over trade, said world-renowned economist Stephen Roach. "The West, especially the United States, needs to take a long hard look in the mirror and face up to its own imbalances. Hypocrisy is not a recipe for global statesmanship," wrote Roach in Singapore's leading financial daily Business Times this week. As U.S. congress and the White House look toward the mid-term elections of 2010, Washington could well up the ante on China bashing -- moving from a rhetorical assault to widespread trade sanctions, predicted Roach, chairman of Morgan Stanley Asia. He noted that the United States has already imposed trade sanctions on Chinese exports of tyres, coated paper product and steel piping and grating in recent month. Roach argued that the expected salvo from Washington was apparently built on hypocrisy as the United States itself should also be held accountable for the global economic imbalances. Meaningful progress on global rebalancing could not occur without progress by both China and the United States and that China has a more optimistic prospect of achieving rebalancing, he said. "There is good reason to believe that China ... is about to take dramatic steps in rebalancing its domestic economy in a fashion that would provide a sustained and meaningful reduction in its current account surplus." China viewed the recent crisis and recession as an unmistakable wake-up call, which left the country with little choice other than to shift the sources of its GDP growth from external to internal markets, he said. However, it was hard to be sanguine about the outlook for America's saving and current account imbalance. "The United States, with its massive shortfall in domestic saving, has come to rely heavily on surplus saving from abroad to fund economic growth. And it must run massive current account deficits in order to attract that capital," he said. All nations need to be accountable for the role they need to play in driving a long overdue global rebalancing, said Roach. "It would be the height of folly to try and force China into a counter-productive approach, especially since it appears to be taking its own rebalancing agenda very seriously."
BEIJING, Feb. 19 (Xinhua) -- Chinese Premier Wen Jiabao Friday bade farewell to renowned educationist Huo Maozheng, who died of illness on Feb. 11 at the age of 88, at the Babaoshan Revolutionary Cemetery in Beijing.State Councilor Liu Yandong joined Premier Wen at the funeral. Vice President Xi Jinping and Vice Premier Li Keqiang previously expressed their condolences.Huo was among China's first group of "100 contemporary educationists," a top honor conferred by the government. She was vice principal of the Beijing No. 2 Experimental Primary School.Chinese Premier Wen Jiabao (R) attends Huo Maozheng's funeral in Beijing, capital of China, Feb. 19, 2010. Wen Jiabao on Friday bade farewell to renowned educationist Huo Maozheng, who died of illness on Feb. 11 at the age of 88, at the Babaoshan Revolutionary Cemetery in Beijing. She was also member of the Fifth National Committee of the Chinese People's Political Consultative Conference (CPPCC), China's top political advisory body, and member of the standing committees of the sixth, seventh and eighth CPPCC National Committees.Huo graduated in 1943 from the Mathematics and Physics Department of the Beijing Normal University.
ADDIS ABABA, Jan. 12 (Xinhua) -- China will lose no time in implementing the "eight new measures" to strengthen China-Africa cooperation in the next three years, said China's Minister of Commerce Chen Deming on Tuesday. The fourth ministerial meeting of the Forum on China-Africa Cooperation was held in the Egyptian resort of Sharm el-Sheikh on Nov. 8-9. At the meeting, Chinese Premier Wen Jiabao announced eight new measures the Chinese government will take to strengthen China-Africa cooperation in the next three years. The success of the Sharm el-Sheikh meeting has opened a new page for China-Africa cooperation, Chen said during his talks with Erastus Mwencha, deputy chairperson of the Commission of the African Union (AU). China will focus on improving African people's well-being, strengthening Africa's agriculture and infrastructure and expanding cooperation in human resources development, he said. China will support Africa to increase its capacity for independent development, and join hands with Africa in tackling such challenges as the global financial crisis and climate change, in a bid to promote China-Africa friendly cooperation and Africa's economic and social development, said the Chinese minister. Chen appreciated the AU's efforts to further Africa's integration process and develop China-Africa cooperation, saying China will continue to strengthen all-round cooperation with the AU, and support the AU to play a bigger role in regional and international affairs. For his part, Mwencha said Africa and China respect each other and treat each other on an equal footing, adding that bilateral ties have stood the test of the time. He believed the Sharm el-Sheikh meeting will further promote the development of cooperation between Africa and China. China's eight new measures to enhance cooperation with Africa are consistent to Africa's practical needs, said the AU official. Mwencha said the AU Commission is willing to play a bigger role in implementing the eight new measures and enhance dialogue between Africa and China. Chen arrived here on Monday for a working visit, which will also take him to Mozambique and Tanzania.
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