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SHIJIAZHUANG, June 27 (Xinhua) -- Chinese Vice Premier Li Keqiang has urged more efforts be made to push forward the nation's drive to restructure the economy and coordinate urban and rural development.Li made the remarks during an inspection tour of North China's Hebei Province on Thursday and Friday.He urged more efforts be undertaken to increase the competitiveness of the nation's businesses and provide stronger internal impetus to develop the economy through expanding both domestic and overseas demands and promoting technological, managerial, systemic and institutional innovations to raise the quality and efficiency of China's economic growth.Li also called for more efforts to move forward the urbanization drive in such a way that industry could promote agriculture while urban areas help rural regions, as the great potentials for market demand could be unleashed to provide strong support for stable, fast and long-term economic development.He also stressed the role of scientific planning, optimized distribution of resources, improved public services and living environment, and efficient land use in boosting rural development.Stabilizing grain and agricultural production was of particular importance to maintaining stable macro-economic development, Li said, urging more efforts be made to strengthen the foundation of the country's agricultural sector
BEIJING, July 2 (Xinhua) -- The central parity of the Renminbi (RMB), or China's currency yuan, strengthened to 6.7720 per U.S. dollar on Friday, a new record high, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.

BEIJING, June 21 (Xinhua) -- Chinese President Hu Jintao and Premier Wen Jiabao on Monday made directives urging rescuers to "exhaust all means possible" to save miners trapped in an exploded colliery in central Henan Province.A total of 72 miners were trapped after explosives went off at the powder magazine of the Xingdong No.2 Mine in Weidong District of Pingdingshan City at about 1:40 a.m. At least 46 people were reported dead.
BEIJING, June 16 (Xinhua) -- The fifth chartered flight sent by the Chinese government brought 185 more nationals back home from Kyrgyzstan on Wednesday morning, sources with the Foreign Ministry said.The flight arrived at an airport in Urumqi, capital of northwestern Xinjiang Uygur Autonomous Region, at 7:17 a.m. (Beijing time) from Osh of Kyrgyzstan, where ethnic clashes have left some 170 people dead. Chinese nationals prepare to board the chartered flight at an airport in Osh, southern Kyrgyzstan, June 15, 2010.The Chinese government has sent five chartered planes to bring home nationals including business people and students in Kyrgyzstan. So far 754 Chinese nationals have been taken home.More chartered planes are to be sent to take Chinese nationals back home, according to the ministry.
BEIJING, July 10 (Xinhua) -- China's trade surplus fell by 42.5 percent in the first six months this year from a year earlier to 55.3 billion U.S. dollars, the General Administration of Customs (GAC) said Saturday.In the first half of 2010, exports rose 35.2 percent to 705.09 billion dollars while imports were up 52.7 percent to 649.79 billion dollars, the GAC said in a statement posted on its official website.China's foreign trade in the first half totaled 1.35 trillion dollars, a year-on-year increase of 43.1 percent, after the country saw its June exports and total trade both reach record highs, the GAC said.In June, exports were up 43.9 percent to 137.4 billion dollars while imports were 117.37 billion dollars, up 34.1 percent year on year, resulting in a total trade value of 254.77 billion dollars, the GAC said.The June exports increased 4.3 percent from May and the imports were 4.6 percent higher from the last month, according to the statement.However, the pace of growth in exports and imports were both slower than in May when exports surged 48.5 percent and imports jumped 48.3 percent from a year earlier.Bi Jiyao, a senior researcher with the research institute under the National Development and Reform Commission, said the strong figures partly stemmed from the low comparison base last year.In the first half of 2009, China posted a 23.5-percent decline in total trade, with exports and imports down 21.8 percent and 25.4 percent respectively, according to the GAC data.More importantly, the strong performance of China's trade was attributable to the recovery of the world economy and China's deepening economic ties with other emerging markets, said Bi.Trade between China and the European Union rose 37.2 percent in the first half of this year to 219.42 billion dollars from the previous year, while trade with the United States grew by 30.2 percent to 171.99 billion dollars, the GAC said.China's trade with Japan also saw rapid growth, hitting 136.55 billion dollars, up 37 percent from a year earlier, and Japan became China's third largest trade partner as a result, the GAC data showed.China also saw booming trade with many emerging markets in the first six months this year.Trade between China and the Association of Southeast Asian Nations (ASEAN) climbed by 54.7 percent to 136.49 billion dollars, and China-Brazil trade jumped 60.3 percent to 26.39 billion dollars, said the GAC statement.Besides sound growth, China's trade pattern was also becoming more balanced with the gap between imports and exports narrowing, Bi said.In the first half this year, China's trade surplus shrank by 42.5 percent from the same period last year, after it recorded a surplus of 196.1 billion dollars in 2009, down 34.2 percent from 2008.Bi Jiyao said China's export growth would not be able to maintain such a high rate of growth as the comparison base was very low for the first half in 2009 when the world economy was struggling amid the financial crisis.Echoing Bi, Zhang Xiaoji, a senior researcher with the Development Research Center of the State Council, anticipated China's trade surplus this year would be reduced by 20 billion dollars from the 2009 level.From January to June this year, China recorded a trade deficit of 26.33 billion dollars with Japan, as imports from Japan rose 46.3 percent, compared with a 25.2-percent exports growth, and the deficit grew by 130 percent from the same period last year, the GAC said.China's trade deficit with Brazil stood at 5.75 billion dollars, and its deficit with the ASEAN countries widened to 7.29 billion dollars, compared with 600 million dollars registered for the whole year of 2009.China's imports were growing faster than exports, indicating that China's stable economic development was helping the world economy to recover while many countries were resorting to exports growth as a major tool to achieve economic recovery, Zhang Xiaoji said.
来源:资阳报