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URUMQI, Sept. 5 (Xinhua) - China will upgrade an annual trade fair held in Urumqi, capital of Xinjiang Uygur Autonomous Region, to a leading trade platform in the heart of Eurasia and to boost cross-border economic cooperation in a region vulnerable to unrest and violence.The China Urumqi Foreign Economic Relations and Trade Fair, which closed here Sunday, will be re-launched as China-Eurasia Expo beginning next year, government organizers said, and it will become an important exchange platform for the Shanghai Cooperation Organization, which includes China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan."The upgrading is overall and comprehensive," said China's Minister of Commerce Chen Deming, who heads the China-Eurasia Expo Organizing Committee.He said the Expo will serve as China's platform to reach out to the entire Asia and Europe rather than just central and south Asia.People visit the 19th Urumqi Trade Fair in Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region, Sept. 4, 2010. The five-day annual trade fair closed on Sunday. The Chinese government has decided to upgrade the Urumqi Trade Fair to the China-Aisa-Europe expo since 2011.Though details of the expo is not yet clear, organizers and observers said it might include talks to ink trade pacts between regional economies and will cover diplomatic and cultural issues as well.Foreign trade contracts signed at this year's fair totals 3.613 billion U.S. dollars, organizers said, while project contracts --including domestic deals--reached 126 billion yuan and cover a broad field of mining, crude oil processing, construction and tourism, among others.Xinjiang, which has a large proportion of ethnic Uygurs in its population and lies at China's far west bordering Central Asian states, including Pakistan and Afghanistan, is a region vulnerable to unrest and terrorist threats.In July 2009, 197 people were killed while 1,700 were injured in the country' s worst riots in decades in Urumqi. Authorities blamed separatists and extremists for inciting the violence.In the wake of the riot, the central government also ramped up development drives in this remote and largely underdeveloped region, aiming to root out the seeds of unrest.But the air of the city remains tense and security measures were re-enforced over the past five days during the fair. No violence or security issues were reported.Zhang Chunxian, the top official in Xinjiang, said holding the China-Eurasia Expo would help remake Xinjiang as a key region for China' s opening-up to its western neighbors.Ying Qian, an expert on regional cooperation with Manila-based Asian Development Bank, told Xinhua that the central government's policy supports for Xinjiang, such as taxation reform for crude oil and natural gas, and tax exemptions and reductions for enterprises in poverty areas, and increased fixed investment will undoubtedly increase the speed of economic growth and attract more domestic and foreign investments to Xinjiang.He said those fixed investments aimed at enhancing Xinjiang's position as the land bridge to connect rest of China to central Asia and beyond will yield most economic benefits for Xinjiang, as well as for rest of member countries of the ADB-supported Central Asia Regional Economic Cooperation (CAREC) Program.The program, initiated in 1997 to encourage regional cooperation, includes Afghanistan, Azerbaijan, China (focusing on Xinjiang Uygur Autonomous Region), Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan and Uzbekistan.The ADB economist said the investments should include key transport links, trade logistics facilities, and most importantly, border crossing points improvements."The CAREC countries need to turn their landlocked status into a land link for Eurasia, and to enable businesses to more readily access regional and global markets," said Ronald Butiong, the ADB economist who heads the CAREC Unit.

BEIJING, Sept. 29 (Xinhua) -- China and Cuba Wednesday held a banquet to celebrate the 50th anniversary of the establishment of diplomatic ties.Zhou Yongkang, a member of China's top leadership, and visiting Vice President of the Council of Ministers of Cuba Ricardo Cabrisas Ruiz addressed the banquet.Zhou, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said China-Cuba relations have endured the changes of the international situation for 50 years.The two countries have also deepened exchange and cooperation in politics, economics and culture."We see from history that it is the common hope of both parties,countries and peoples to maintain a friendly relationship. It is also in the interests of both sides," Zhou said.He said China values its traditional friendship with Cuba.He also said China admires Cuba for its insistence on its sovereignty and its adherence to socialism."China will firmly support Cuba to find a way to development in accordance with its national situation. China will provide assistance to Cuba to help its social and economic development," Zhou said.The senior CPC official also thanked Cuba for its firm support on issues concerning China's sovereignty, security and dignity, saying the CPC, the Chinese government and the Chinese people will never forget Cuba's support."Facts prove that China and Cuba are good friends, comrades and brothers," Zhou said.He also urged more friendly exchange between the two countries to further enhance people-to-people exchange and promote the development of China-Cuba relations.Hailing the establishment of China-Cuba ties as the start of China's friendship with Latin American countries, Cabrisas said the China-Cuba relations will achieve further development with efforts from both sides.In 1960, Cuba was the first Latin American nation to forge diplomatic relations with China.

BEIJING, Sept. 6(Xinhuanet)  - China bucked international trends in both outbound and inward investment, official figures have revealed.China now ranks as the fifth largest global investor in outbound direct investment (ODI) with a total volume of .5 billion, compared to a ranking of 12th in 2008, the Ministry of Commerce said on Sunday.On top of this, foreign direct investment (FDI) this year was set to "surpass 0 billion", compared to billion last year, ministry officials predicted.Globally, foreign investment decreased by almost 40 percent last year amid the financial downturn and is expected to show only marginal growth this year.The growth in both outbound investment from, and inbound investment to, China reflects the nation's rising economic power and attractiveness as an investment destination. China's annual outbound direct investmentThe ministry made the announcements during a press conference held in Xiamen on the upcoming United Nations Conference on Trade and Development (UNCTAD) World Investment Forum and the 14th China International Fair for Investment and Trade. Both forums will start on Tuesday.According to the ministry, China's ODI grew by 1.1 percent from a year earlier to .53 billion, which includes investment of .8 billion in non-financial sectors worldwide, up 14.2 percent year-on-year.Last year was the eighth consecutive year that the nation's ODI had grown. In this period the average annual growth rate stood at more than 50 percent."China is now the fifth largest investing nation worldwide, and the largest among the developing nations," said Shen Danyang, vice-director of the ministry's press department.In 2009, global ODI volume reached .1 trillion, and China contributed about 5.1 percent of the total.But "this is just a beginning." Although the figure is already "quite amazing," the volume is "not large enough" considering China's economic growth and local companies' expanding demand for international opportunities, Shen said."The growth rate (for ODI) in the next few years will be much higher than previous years," Shen said, without elaborating.China's ODI growth witnessed strong momentum this year. From January to June, the ODI in financial sectors was up by 43.9 percent to .84 billion, and in July alone, the ODI recorded .91 billion, the highest this year.Liu Zuozhang, director of the investment promotion agency under the commerce ministry, told China Daily that China's ODI in non-financial sectors would probably grow to billion this year.But while more Chinese companies were investing overseas, barriers and protectionism against Chinese investment were strengthened as well.Fan Chunyong, standing deputy chief of the China Industrial Overseas Development and Planning Association, said the challenge would not affect the upward trend of the ODI."China's ODI will go up to 0 billion in 2013, and the Chinese accumulative overseas investment will reach 0 billion by then," said Fan.According to the ministry, by the end of 2009, 13,000 Chinese enterprises had invested in 177 nations and regions worldwide, and the largest volume of funds went to the Asia-Pacific region. Europe and Africa ranked second and third in absorbing Chinese investment.Figures also revealed that more Chinese enterprises were focused on developed nations and emerging markets. During the first half of the year, China's ODI to the United States and the European Union rocketed by 360 percent and 107.2 percent respectively year-on-year. And investment into ASEAN and Russia grew by 125.7 percent and 58.5 percent.Jinny Yan, economist from Standard Chartered Shanghai, predicted that the EU would continue to be a hotspot for China's outbound investment in the coming months thanks to the ongoing European debt woes.As for FDI, Shen predicted it would reach a record high of 0 billion this year as China's consumption capacity gradually picked up and the nation's efforts on creating an open and transparent investment environment paid off.Responding to recent complaints by foreign businesses on the "worsening" investment environment, he said it "highlights foreign businesses are attaching more importance to the Chinese market".A report by the European Chamber of Commerce released last Thursday said China had made progress on improving its investment environment, but still needed to do more, especially on market access and the regulatory environment.While global FDI slumped by almost 40 percent last year, China's FDI was down by a mere 2.6 percent, according to the UNCTAD. China remained the second largest recipient nation of FDI, following the US.During the first seven months, China's FDI increased by 20.7 percent to .35 billion, and FDI in July surged by 29 percent.Zhan Xiaoning, director of the investment and enterprise division under the UNCTAD, said China was taking the leading role in the FDI recovery worldwide, even though FDI growth was not a cause for optimism globally.

BEIJING, Oct. 31 (Xinhua) -- China is launching its sixth national population census Monday, ten years after the last one, as the world's most populous nation seeks a clearer and up-to-date picture of its population.From Nov. 1 to Nov. 10, more than six million census takers are to go door to door and visit over 400 million households across the country, recording family information and finishing the first stage of the census.In order to have more accurate figures, from Nov. 11 to Nov. 30, another round of census-taking will be launched, though on the smaller scale of 1/10000 of the population, officials with the country's National Bureau of Statistics said.Statistics will be calculated in December, with the key data scheduled to be released by the end of April 2011, sources said.In the last census, China's population stood at 1.29533 billion.

PYONGYANG, Oct. 11 (Xinhua) -- Zhou Yongkang, a senior official of the Communist Party of China (CPC), concluded an official goodwill visit to the Democratic People's Republic of Korea (DPRK) on Monday, which indicated the latest developments of the China-DPRK friendship.During his three-day stay in the DPRK, Zhou, a member of the Standing Committee of the Politburo of the CPC Central Committee, met with DPRK top leader Kim Jong Il.Zhou also observed a grand military parade and attended other events to celebrate the 65th birthday of the ruling Workers' Party of Korea (WPK).Kim Jong Il (R), top leader of the Democratic People's Republic of Korea (DPRK), meets with Zhou Yongkang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Political and Legislative Affairs Committee of the CPC Central Committee, in Pyongyang, capital of the DPRK, Oct. 11, 2010.CONVEYING CONGRATULATIONSUpon his arrival in Pyongyang on Saturday, Zhou conveyed warm congratulations on the 65th anniversary of the WPK, which falls on Sunday.Thanks to the careful nurturing of the two parties and the two peoples, the deeply rooted China-DPRK friendship had yielded many fruits, said Zhou, also secretary of the CPC Central Commission for Political and Legal Affairs.Meanwhile, Hu Jintao, general secretary of the CPC Central Committee, sent a congratulatory message to Kim, general secretary of the WPK, on the occasion.The CPC highly cherishes the traditional China-DPRK friendship, and makes it an unswerving policy to continuously strengthen and develop bilateral friendly and cooperative ties, said Hu in his message."We are willing to make joint efforts with the DPRK side to continuously promote China-DPRK relations to a new and higher level," Hu said.China and the DPRK have enjoyed a smooth development of bilateral relations in recent years and have a tradition of maintaining high-level contacts. Within this year, Kim has paid two unofficial visits to China, in May and August, respectively.Zhou's visit came shortly after a landmark conference of the WPK on Sept. 28, at which Kim, who has served as general secretary of the WPK since October 1997, was re-elected.Kim Jong Un, a son of Kim Jong Il, was appointed as one of the two vice-chairmen of the Central Military Commission, headed by Kim the senior.

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