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TAIPEI, March 31 (Xinhua) -- Experts from the Chinese mainland and Taiwan Wednesday started their second round of talks in Taipei to pave the way for a long-awaited economic deal that is expected to boost cross-Strait economic ties.The two-day meeting in Tashi, Taoyuan county, is expected to speed up the consultation process of the Economic Cooperation Framework Agreement (ECFA), which is intended to normalize mainland-Taiwan economic ties and bring the two economies closer.The two sides are expected to exchange views on operational and technological topics including the main content of the agreement and consultation arrangements in the future.The mainland side is composed of directors of the mainland's Association for Relations Across the Taiwan Straits (ARATS), experts and economic affairs officials.Tang Wei, director-general of the Ministry of Commerce's Taiwan, Hong Kong and Macao affairs department, said such an agreement would further cross-Strait economic cooperation, and help the two sides cope with the impact of possible economic crises in the future and the increasingly competitive international market.
BEIJING, May 21 (Xinhua) -- The growth of China's electronic products industrial value-added output topped 18.2 percent in April year on year, the Ministry of Industry and Information Technology (MIIT) said Friday.The rate was 1.3 percentage points lower compared with March, but the ministry did not give detailed figures in the statement posted on its website.The industrial value-added output of the sector rose 21.7 percent in the first four months year on year, the statement said.China's combined exports of electronic goods rose 24.4 percent in April year on year to 267.8 billion yuan (39.2 billion U.S. dollars).Exports of integrated circuits and color TV sets grew 64.4 percent and 54.6 percent, respectively, in the period.

BEIJING, May 12 (Xinhua) -- China's most senior political advisor, Jia Qinglin, Wednesday said the government would strengthen exchanges and cooperation with overseas religious circles to promote world peace."Sticking to the principle of independence and self-governance, we support the country's religious circles to promote exchanges abroad on the premise of equity and friendship," said Jia in a meeting with leaders of the Asian Conference of Religions and Peace (ACRP), who are here to attend the 2010 ACRP executive meeting. Jia Qinglin (7th L), chairman of the National Committee of the Chinese People's Political Consultative Conference, poses for photos with leaders of the Asian Conference of Religions and Peace (ACRP), who are here to attend the 2010 ACRP executive meeting, in Beijing, capital of China, May 12, 2010.China's religious circles have conducted friendly exchanges with the ACRP, founded in Singapore in 1976, and the Asian religious circles in recent years, contributing significantly to understanding between the peoples of Asian countries and to the region's peace, development and cooperation, said Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference.China's religious circles have always enthusiastically taken part in charity work, and the government highly appreciates their efforts to promote economic and social development, said Jia.
BEIJING, April 5 --The People's Bank of China says the country will be more open to foreign capital this year even though the prospect of a strong economic recovery is still unclear.Although the impending withdrawals of various countries' economic stimulus packages may also complicate the efforts to end the global economic crisis, the Chinese government has decided to increase the penetration of foreign capital into the country's financial industry in an appropriate way.An editorial in the "Global Times" quotes some western officials who said if China opened its market to western financial institutions the way it opened its market to five-star hotels, the potential risks would be huge for the country itself and the world at large.The editorial warns the doors to free trade should not swing open too quickly and that market openness should be managed at the right pace, as China has done during the past three decades. But it also notes that the stakes are higher in the country's financial industry. It argues that if China is fully open to foreign capital, the capital operation pattern common in developed economies such as the United States and several European nations will not suit its existing financial system on such short notice. As a result, chaos would erupt sooner or later in the financial sector.The editorial concludes that China should gradually liberalize its financial industry, because a sudden torrent of foreign capital would be undesirable. It calls for a prudent approach to financial liberalization that would yield a productive outcome as evidenced over the past three decades of gradual financial reform whereby more market competition has been encouraged and distressed loans have been effectively curbed. Such a policy has shielded China from being hit as severely by the current financial crisis and enabled it to rebound quicker than other advanced nations.
ISTANBUL, April 14 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), said here Wednesday that the economic cooperation between China and Turkey has "broad perspective."Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, was on an official goodwill visit to Turkey.He addressed businessmen from Turkey and those Chinese enterprises who operate in this country in the crossroad of Asia and Europe."Mutual trust is the pretext for bilateral cooperation," he said, urging both sides to consolidate political foundation for promoting economic cooperation in line with mutual respect, mutual benefit, equality and common development.Li Changchun, a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, addresses the China-Turkey business seminar in Istanbul of Turkey, April 14, 2010.Dual-track trade registered 12 folds growth in the first decade of the new century. The trade volume increased 69 percent in the first quarter of this year, of which Turkey's export to China scored a year-on-year growth at 152.8 percent."We are satisfied with and proud of such performance in the backdrop of international financial crisis," he said, adding the economic cooperation has become "a pillar" of bilateral relationship.The recovery of the world economy still has certain instable and uncertain elements. Under the context, Li made proposals to further promote bilateral economic and trade cooperation.First, he urged the two sides to cherish the traditional friendship and nurture the sound development momentum of bilateral economic and trade cooperation.Second, he required the relevant governmental departments to enhance policy-oriented guidance to the enterprises. The two sides should use different channels, including the dispatch of procurement delegations to the other country, so as to steadily expand trade volume.
来源:资阳报