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BEIJING, Sept. 29 (Xinhua) -- Chinese Premier Wen Jiabao on Monday vowed the administration's resolve to stick to reform and opening up on the eve of the 59th anniversary of the People's Republic of China. "We will continue to free our mind, stick to reform and opening up, promote social harmony and strive for new achievements in building a moderately prosperous society," Wen said at a reception in the Great Hall of the People marking the anniversary. Chinese Premier Wen Jiabao addresses the National Day reception at the Great Hall of the People in Beijing, capital of China, Sept. 29, 2008. China's State Council held the reception on Sept. 29 to celebrate the 59th anniversary of the founding of the People's Republic of ChinaPresent at the reception were senior Chinese leaders Hu Jintao, Wu Bangguo, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang, Zhou Yongkang and more than 1,000 Chinese and foreign personages. Wen said the year 2008 has been eventful, citing the devastating snowstorm in January and the disastrous earthquake in May. He also hailed the successes of the Beijing Olympics, the Paralympics and the Shenzhou-7 manned space flight. Saying China is faced with "many difficulties and problems" in its striving for modernization, Wen said, "We have full confidence that we will overcome them." Wen attributed the confidence to the strong leadership of the Communist Party of China and the government, the solidarity and the hard work of the Chinese people, the experience in reform and development, he said. As this year coincided with the 30th anniversary of China's reform and opening up, Wen said this drive was "a crucial choice that shaped the course of China's development." "It represents the only way leading to the great rejuvenation of the Chinese nation," Wen said. Thanks to reform and opening up, China has embarked on the road of sustained and fast development, the premier said. The central government will continue to work with compatriots in Hong Kong and Macao to maintain and promote prosperity and stability, to work with the Taiwan compatriots to bring about new progress in the peaceful development of cross-Strait relations, Wen said. China will follow the path of peaceful development, adhere to an independent foreign policy of peace and work for a harmonious world of enduring peace and common prosperity, Wen said.
BEIJING, Oct. 12 (Xinhua) -- A high-profile meeting of the Communist Party of China (CPC) ended on Sunday by concluding that the overall situation of the country's economy was good and the dynamic of economic growth remained unchanged. "The country's overall economic situation is good. The economy is growing quickly and the financial sector is operating steadily. The basic momentum of the country's economy remains unchanged," said a communique released at the close of the third Plenary Session of the 17th CPC Central Committee. Photo taken on Oct. 12, 2008, shows participants listening during the third Plenary Session of the 17th Communist Party of China (CPC) Central Committee, which was held from Oct. 9 to 12 in BeijingThe four-day meeting focused on issues concerning rural reform and development. The communique said all Party members should strengthen awareness of crises and face up to challenges as more uncertain and unstable factors emerged in the international economic climate amid deepening financial market turmoil and the slowdown of the world economy. In the meantime, China's domestic economy featured some notable contradictions and problems, it said. "The most important thing is to do well in the country's own business. "We should make flexible and careful macro-economic policies. We should step up efforts to boost domestic demand, particularly domestic consumption and keep the economy, the financial sector and the capital market stable. "We should continue keeping social stability and pushing the country's economy towards sound and fast development," it said. The meeting also came at a time when the outlook of the world economy became increasingly grim as a result of a serious global financial crisis. This meeting was significant because it was the third Plenary Session of the 11th CPC Central Committee 30 years ago that pushed the country on to the road of its historic reform and opening-up drive.

BEIJING, April 14 (Xinhua) -- Chinese Premier Wen Jiabao held talks with Swedish Prime Minister Fredrik Reinfeldt here Monday. Both agreed to deepen cooperation. During their talks, Wen said as the first western country to establish diplomatic ties with the People's Republic of China 58 years ago, Sweden and China have continued to increase mutual trust and understanding, as well as expand cooperation in all areas. The recent years, in particular, have seen rapid growth in bilateral trade volume, said Wen, noting that China has become the largest trade partner for Sweden in Asia. Chinese Premier Wen Jiabao holds talks with Swedish Prime Minister Fredrik Reinfeldt at the Great Hall of the People in Beijing, on April 14, 2008Fruitful results have been made in bilateral investment and technological cooperation with vigorous exchanges among the two peoples and sound coordination in international affairs. Wen said against the backdrop of development of economic globalization, enhancing bilateral cooperation is in the fundamental interests of the two countries and is conducive to promote China-EU strategic partnership. China is ready to maintain high-level contacts and consultations at all levels, and develop exchanges and cooperation in human rights on the basis of equality and mutual respect. China will also actively expand cooperation in environment protection and energy saving technology, create conditions to encourage business investment and trade exchange, as well as cement exchanges in culture and social development, said the premier. In response, Reinfeldt said Sweden attached importance to keeping good dialogue and cooperation with China. Sweden is opposed to trade protection against China and is willing to further expand bilateral cooperation in trade, investment and protection of intellectual property right. Reinfeldt also expressed his hope of strengthening exchanges and cooperation with China in energy saving, emission reduction and climate change in accordance with the principle of common but differentiated responsibilities. After their talks, the two leaders attended a signing ceremony of a series of agreements concerning environment protection, sustainable development and communication. China's top legislator Wu Bangguo also met with Reinfeldt. Both of them pledged to enhance political dialogue, expand cooperation under the principle of mutual respect, equality and mutual benefits. Reinfeldt arrived in Beijing on Sunday, continuing his five-day state visit to China. He has just finished his attendance in the year's annual meeting of the Boao Forum for Asia (BFA) in China's Sanya, a platform for high-level interaction between leaders from Asia and the world.
BEIJING, Sept. 24 (Xinhua) -- China and Venezuela on Wednesday inked a series of agreements on wide-ranging fields, a sign of bilateral efforts to advance their strategic partnership to a new high. The agreements came out of the summit talks in the Great Hall of the People as Beijing rolled out the red carpet for Venezuelan President Hugo Chavez. The 12 new cooperative deals covered trade, oil, finance, education, justice, telecommunications, infrastructure, sports and cultural relics. Chinese President Hu Jintao(R) meets with visiting Venezuelan President Hugo Chavez at the Great Hall of the People in Beijing, capital of China, on Sept. 24, 2008. Chinese President Hu Jintao gave an honor guard reception to Chavez, who was on his fifth visit to China since taking office as Venezuelan president. In their hour-long talks, Hu first thanked the Venezuelan government and people for providing relief to China following an 8.0-magnitude earthquake that devastated the southwestern China on May 12. In response, Chavez said the Venezuelan people were sympathetic with the victims in the quake. He wished the Chinese government and people a speedy recovery from the disaster. On the Beijing Olympics and Paralympics, Hu said China appreciated Venezuela's generous support while Chavez said the successes of hosting the two games would go down in history. Stressing both China and Venezuela stayed at an important stage, Hu said the two countries shared the goal of stepping up substantive cooperation and seeking common prosperity. To advance the bilateral strategic partnership, Hu proposed the two countries keep the high-level visits, enhance dialogues between the governments, legislatures and ruling parties, and exchange views on issues of common concern. On the economic front, Hu said China would like to deepen "all-phase and integrated" oil cooperation with Venezuela, encourage businesses to invest in Venezuela and establish a trade zone. China will also participate in building Venezuela's infrastructures, including railway system, telecommunications network, social housing and hydro-power. Hu also called on the two countries to work more closely in education, culture, science and technology, justice, sports, journalism and poverty eradication. Sharing Hu's view on bilateral ties, Chavez said bilateral trade had progressed smoothly, citing remarkable progress in oil, agriculture, science and infrastructure. Chave said Venezuela would like to work closely with China on stronger political ties, increased dialogues and more substantive cooperation in energy, finance, agriculture and machinery. On international issues, Hu and Chavez agreed to step up communication and consultation in multi-lateral organizations and on global issues, so as to safeguard the reasonable rights of developing countries. Earlier Wednesday, top Chinese legislator Wu Banguo also met with Chavez. Wu said China's National People's Congress, the country's top legislature, would like to maintain its friendly exchanges and cooperation with the Venezuelan legislature, boosting the overall bilateral ties. Chavez will conclude his three-day state visit to China on Thursday.
BEIJING, Aug. 8 -- China's consumer inflation may continue to decline in July, marking the second consecutive month this year that it has dropped, according to economists' estimates. That may mean a departure from the rising spiral of inflation after it peaked at an annualized 8.7 percent in February. Lehman Brothers economist Sun Mingchun said his team's research found the July consumer price index (CPI), the main barometer of inflation, may drop to 6.7 percent year-on-year from 7.1 percent in June. The domestic Bank of Communications research arm said the figure could fall at 6.4 percent, which is also the estimate of Southwest Securities. China's consumer inflation may continue to decline in July, marking the second consecutive month this year that it has dropped, according to economists' estimates. One of the reasons why prices are stable is that there has been no flooding, a regular feature of the rainy seaon, said Sun of Lehman Brothers. Daily price data from the Ministry of Agriculture and the National Development and Reform Commission show that agricultural product prices rose only slightly in July while meat prices fell. Weekly price data released by the Ministry of Commerce also showed a moderate decline in food prices. The relatively high statistical base of last July also contributed to the drop in inflation this July, said Guo Tianyong, economist with the Central University of Finance and Economics. China's CPI hit 5.6 percent year-on-year last July, the first time it reached the 5-percent level that year. "If no major natural disaster hits China in August, CPI could fall below 6 percent in August, providing more room for the government to remove its price controls," said Sun. Economists said that without many unexpected incidence, it will gradually ease to around 5 percent by the year-end. A possible price liberalization of oil products, however, should not be a one-off adjustment, which will put a huge pressure on the country's battle against inflation, Guo said. China raised the prices of oil products and electricity late June. Analysts said that once the inflation pressure eases, policymakers may start a second round of price liberalization, which may lead to a rebound in CPI. If such liberalization moves are indeed made, they should be done in phases, not in one go, said Guo. Only that will ensure inflation does not peak again, as it did in February. The pressure from the rising producer price index (PPI), which gauges ex-factory prices and influences CPI, may be a concern, but even taking into consideration its impact, consumer inflation may no longer exceed the February peak in the coming months and the first half of next year "The worst times are behind us," said Dong Xianan, macroeconomic analyst with Southwest Securities. "From the second half of last year, the tightenting stance had been obvious, which is a pre-emptive move to ensure the current easing of inflation." Macroeconomic growth The economic growth may gradually slow down in the rest of the year, analysts said, but the fine-tuning of policies would shore it up. Dong from Southwest Securities forecasts that given the current growth momentum, the whole-year figure for GDP growth may be 10.1 percent, well below the 11.9 percent of last year. Other estimates are around the 10 percent mark. The global economic slow-down, which reduces external demand for China's exports, will bring much trouble to China, but its domestic consumption and investment will remain stable, analysts said. More importantly, the central authorities may adjust its tight policies to cater to individual demand of regions and sectors that have found it difficult to survive the tightened policies.
来源:资阳报