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SINGAPORE, Feb. 16 (Xinhua) -- Singapore's Senior Minister Goh Chok Tong said on Tuesday that China will become even more important globally and Singapore must find opportunities to ride on China's growth.Speaking at the Business China spring reception on Tuesday night, Goh said that China has over the past year weathered the global economic downturn with exceptional resilience.Despite shrinking external demand and rising unemployment, China's timely and bold policy responses have enabled its economy to grow at a sizzling 8.7 percent last year, he said, adding that China is now reinforcing its role as the engine for growth in Asia, if not the world.Goh said that the city state recognized China's potential early, soon after China began to open up its economy in 1978.Because of the early efforts made by the Singapore government and Singaporeans, China is today the city state's third largest trading partner and top investment destination, Goh said.As for riding on China's growth, Goh said that the Singapore government will help its companies gain an even stronger foothold in China, and continue to catalyze business opportunities in China.The seven provincial-level business councils, as well as other high-level dialogues and platforms, help open opportunities for companies, reinforce the Singapore brand name and increase its mindshare in China, Goh said.

BEIJING, Feb. 26 (Xinhua) -- The Standing Committee of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top advisory body, held a meeting Friday to discuss the agenda for the upcoming CPPCC annual session in March.Jia Qinglin, chairman of the CPPCC National Committee and member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, presided over the opening ceremony of the three-day meeting.During the meeting, senior political advisors will set an agenda for the third session of the 11th CPPCC National Committee, discuss and approve a work report for the Standing Committee of the CPPCC National Committee and a namelist for the secretariat of the March session.Political advisors on Friday also heard annual work reports from the committees of the CPPCC National Committee.The CPPCC reflects China's "multi-party cooperation system" under the leadership of the CPC.The CPPCC committees at different levels have representatives from different political groups, ethnic groups, and people of all walks of life.

BEIJING, March 22 -- The cities of Chengdu and Chongqing are famous for their different kinds of hot pots and there are endless arguments about which one is more delicious or spicier. It will only take 56 minutes by train for people from Chengdu to eat hot pot in Chongqing when the high-speed railway linking the two cities is completed in a few years. Construction is slated to start this year.The "one hour circle" is part of the plan for the Chengdu-Chongqing Economic Zone, and the overall development project will be approved by the central government this year, according to this year's sessions of the National People's Congress and the Chinese People's Political Consultative Conference. The two cities will generate more synergies in the future.Migrant workers from Qinghai province pick cotton in a field in Hami, in neighboring Northwest China's Xinjiang Uygur autonomous region. Xinjiang is the country's biggest cotton producing center.The State Council, China's cabinet, has sparked a new wave of regional development by laying out a dozen regional development plans with policy or financial support since last year.The Yangtze River Delta and the Pearl River Delta have acted as leading engines in the development of China's prosperous coastal areas. China is keen on fostering more driving forces to boost central and western regions to catch up.In January, the Wanjiang River Urban Belt in Anhui province was positioned as a national-level industrial transfer demonstration zone, and Hainan province was targeted to be transformed into an international tourist destination last December.Other western regions such as the Xinjiang Uygur autonomous region and Tibet autonomous region have also become recent hot subjects for investment. Similarly, development plans for the two regions are being formulated and are very likely to be released this year or next.

BEIJING, Feb. 11 (Xinhua) -- The producer price index (PPI), a major measure of inflation at the wholesale level, rose 4.3 percent in January from a year earlier, the National Bureau of Statistics (NBS) announced Thursday.It quickened from 1.7 percent in December 2009 when the figure ended 12 months of decline.Analysts said the domestic price reform of major resource products and rising international commodity prices accelerated the PPI growth.In breakdown, the price of crude oil surged 70 percent, and that of raw coal was up 5.3 percent.Non-ferrous metal price rose by a quarter.

TAIPEI, Feb. 22 (Xinhua) -- Taiwan leader Ma Ying-jeou said Monday that negotiating and signing a wide-ranging economic pact with the Chinese mainland was "absolutely necessary" and "needs to be done quickly."Ma made the remarks here when attending a gathering for Taiwan business people with business on the mainland. The gathering was held to mark Chinese Spring Festival by the island's Straits Exchange Foundation (SEF), an organization authorized to handle cross-Strait issues.The principle idea of the Economic Cooperation Framework Agreement (ECFA) was to "help people do business and raise Taiwan's competitiveness," Ma said in his 35-minutes-long speech. Zheng Lizhong (R), executive vice president of the Chinese mainland's Association for Relations Across the Taiwan Straits (ARATS), shakes hands with Kao Kung-lian, vice chairman and secretary general of Taiwan's Straits Exchange Foundation (SEF), during the first expert discussion in talks on the Economic Cooperation Framework Agreement (ECFA), an economic deal which is expected to boost the cross-Taiwan Straits economic ties, in Beijing, capital of China, Jan. 26, 2010.ECFA is a wide-ranging economic pact to further normalize trade and investment ties across the Taiwan Strait, which Ma hopes to sign with the mainland this year to help fuel Taiwan's economic revival.The Chinese mainland is Taiwan's biggest trade partner, with an annual trade volume exceeding 100 billion U.S. dollars for the last two years.Given the huge amount of trade, a systematic mechanism was needed to solve problems when they arose between the two sides, according to Ma.Signing ECFA would help create 260,000 jobs in Taiwan, Ma said citing a local research institution.He also urged efforts to help the general public to know more about ECFA, especially low-income residents, people who work in small and medium-sized enterprises and those living in central and southern Taiwan.ECFA negotiations have no fixed schedule. The only round of talks so far were held in Beijing on Jan. 26. The proposed agreement mainly includes reducing tariffs, guaranteeing investment and protecting intellectual property.Economic ties between the mainland and Taiwan have warmed in recent years, with direct air and sea transport links and postal services, as well as regular passenger charter flights connecting the island with the mainland.