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BEIJING, April 23 (Xinhua) -- China's trade surplus this year will see a decline from the 2009 level despite a recovery in foreign trade, the People's Bank of China, the central bank, said here Friday.An increase in orders would push up export growth to more than 20 percent in the second quarter, while import growth would also stay high due to surging domestic demand and rising import prices, said the bank in a report released on its website."Exports have returned to pre-crisis levels and imports have hit all-time highs after seasonal adjustments," it said.The report said China still faced deteriorating trade conditions with rising trade protectionism and the unstable global economic recovery.China's trade surplus stood at 196 billion U.S. dollars last year. March saw its first monthly trade deficit in six years, with exports at 112.11 billion U.S. dollars and imports surging 66 percent to 119.35 billion U.S. dollars.The country's macro-economy would continue to improve after a better-than-expected 11.9 percent economic growth in the first quarter, said the report, adding, "The Chinese economy has had a good start this year."Companies are more willing to invest, while the people are showing stronger consumption demand," it said.Investment structure had been improved in the first quarter, with private investment rising 30.4 percent year on year, exceeding the 21.1-percent growth of government or state-owned enterprise investment, said the bank.China's retail sales surged 17.9 percent year on year in the first quarter, and fixed assets investment rose 25.6 percent, data from the National Bureau of Statistics showed.The bank also noted that "credit controls have seen initial results", as new yuan-denominated loans fell to 2.6 trillion yuan in the first quarter, 1.98 trillion yuan less than the corresponding period last year.The government has stated that the proactive fiscal policy and relatively easy monetary policy would continue this year, while repeatedly warning of assets bubbles, inflation risks and overheating industries.Soaring commodity prices were one of the government's major concerns, as the consumer price index, the main gauge of inflation, rose 2.4 percent year on year in March, nearing the government's upper limit of 3 percent inflation this year.The bank said it would continue to strengthen liquidity management and keep an "appropriate" growth of money supply, so as to maintain stable prices and strike a balance between maintaining economic growth, adjusting the economic development model and avoiding inflation risks.

BEIJING, May 10 (Xinhua) -- The energy intensity of China's centrally-administered state-owned enterprises fell close to government targets from 2005 to 2009, a senior SOE administrator said Monday.The level of energy consumption per 10,000 yuan of output value was down 15.1 percent over the five-year period, said Li Rongrong, director of the State-owned Assets Supervision and Administration Commission (SASAC).Combined investment in energy-efficient and emissions reduction projects by centrally-administrated SOEs totaled 87.84 billion yuan (12.9 billion U.S. dollars) in 2009, said Li.This helped reduce sulfur dioxide emissions per 10,000 yuan of output value by 36.8 percent and chemical oxygen demand by 33 percent compared with 2005 levels, said Li.Enterprises executives who performed poorly in promoting energy conservation and emissions reductions, would be held for responsible by the SASAC, said Li.But he did not explain what would be considered a "poor" performance nor what penalties would be enforced.Under China's 11th five-year plan (2006-2010), the centrally-administered SOEs are expected to reduce energy intensity by 20 percent by the end of 2010 from 2005.By the end of 2009, China had 131 centrally-administered SOEs, many of them leading companies in highly polluting industries, including petrochemicals, steel, power generation, and non-ferrous metals industries.

BEIJING, May 25 (Xinhua) -- China and the United States wound up the two-day 2nd China-U.S. Strategic and Economic Dialogue (S&ED) Tuesday, achieving consensus and even forging agreements in a number of areas of crucial significance for both sides as well as regional stability.It is obviously of the utmost importance the two sides tread the path of dialogue to build cooperation and mutual benefit, given the complicated but important nature of the bilateral relations.HIGH-LEVEL DIALOGUELeaders have acknowledged the vitality of the dialogue mechanism consisting of two tracks: economic and strategic, which was initiated last year by President Hu Jintao and his U.S. counterpart Barack Obama.Hu said when with U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner that he hoped the S&ED would play a greater role in boosting bilateral relations. U.S. Treasury Secretary Timothy Geithner, U.S. Secretary of State Hillary Clinton, Chinese Vice Premier Wang Qishan and Chinese State Councilor Dai Bingguo (L to R) attend a press conference of the second round of China-U.S. Strategic and Economic Dialogues in Beijing May 25, 2010"I hope the four special representatives and both teams will seriously implement the achievements, draw on their experiences, and strengthen the building of the mechanism so it can play a greater role," Hu said, referring to the leaders and ministers chairing the dialogue.Both Clinton and Geithner were special representatives of President Obama. They were joined by Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo, both special representatives of President Hu.They achieved consensus on bilateral relations, facilitating global economic recovery, anti-protectionism in international trade, pushing forward financial reforms and important international affairs.The two dialogue partners also signed agreements covering trade, environment, energy and disease control at or on the sidelines of the S&ED, underscoring the value of the dialogue platform."The two teams worked hard to realize the vision" between Obama and Hu and that the two sides deepened cooperation in the second round of talks with the largest-ever delegation, Clinton said.Clinton told Hu when they met she appreciated the "substantial speech" he made at the opening session of the dialogues.President Obama once even drew on traditional Chinese wisdom of Mencius, a master of the Confucius school of teaching that has helped shape Chinese society, to illustrate the value of the high-level dialogue platform."A trail through the mountains, if used, becomes a path in a short time, but, if unused, becomes blocked by grass in an equally short time," Obama said at the opening of the 1st S&ED last year, quoting Mencius to compare the bilateral exchanges to blazing a path through the mountains.

BEIJING, May 5 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday called for more efforts to cut emissions and conserve energy to meet the country's target set by the 11th Five-Year Plan.According to the plan laid out in 2006, China will cut its per unit GDP energy consumption by 20 percent compared with 2005 levels by the end of 2010.The task of fulfilling the goal was still tough , Wen said at a State Council meeting, adding that this year would be particularly difficult as the first quarter had already seen rising energy consumption per unit of gross domestic product (GDP) in the major industrial sectors.In the first three months, six major industries, including steel, power and non-ferrous, saw a 3.2 percent growth in energy consumption per unit of GDP, Wen said.  Chinese Premier Wen Jiabao (C) addresses a State Council meeting of conserving energy and cutting emissions in Beijing, China, on May 5, 2010. Wen Jiabao called for more efforts to cut emissions and conserve energy to meet the country's target set by the 11th Five-Year Plan on Wednesday.This came after a decline for the previous four years to 2009 of 14.38 percent."We can never break our pledge, stagger our resolution, or weaken our efforts, no matter how difficult it is," Wen said.

GUANGZHOU, May 27 (Xinhua) -- Thirteen fishermen were confirmed missing Thursday after a fishing boat on the sea near Shantou City of south China's Guangdong Province went missing, a spokesman of the Nanhai Rescue Bureau under the Ministry of Transport said.The spokesman said the boat "Yueyangxi96160" along with several other boats, were being used for fishing on Wednesday afternoon, but was discovered missing when the others returned to port.The bureau sent a search team out at about 4:15 p.m. Thursday after it received an emergency call from the other boats, the spokesman said.The rescue work is ongoing.