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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, April 22 (Xinhua) -- Foreign leaders and heads of international and regional organizations continued to send condolences to China on Wednesday and Thursday over the strong earthquake that hit Yushu County in northwest China's Qinghai Province on April 14.King of Thailand Bhumibol Adulyadej, Princess Sirindhorn, Prime Minister Abhisit Vejjajiva conveyed deep condolences to the victims, their families and the Chinese people, and wished that the injured recover soon.King of Saudi Arabia Abdullah Bin Abdul-Aziz, Crown Prince and Vice Prime Minister Sultan Bin Abdul-Aaziz sent their sincere condolences to the Chinese people.Israeli President Shimon Peres expressed sincere condolences and sympathy to the Chinese people, especially to the families of the victims. He said he believed China would overcome the disaster soon.Turkish President Abdullah Gul expressed deep sorrow over the huge casualties in the quake. He also offered condolences to the families of the victims and wished the injured a quick recovery. Gul said that the Turkish people would like to share the sorrow of the Chinese people.Maldivian President Mohamed Nasheed expressed great sorrow over the huge casualties in the earthquake, and conveyed deep sympathy to the people affected by the quake. He also sent his sincerest condolences to the families of the victims.Singapore's Senior Minister Goh Chok Tong sent condolences to the Chinese people.Marzuki Alie, speaker of the House of Representatives of Indonesia, expressed condolences to the victims and the Chinese people.Ethiopian President Girma Wolde Giorgis expressed great sorrow over the huge casualties in the earthquake and sent deep sympathy and condolences to the Chinese people and the families of the victims. He said he firmly believes that the Chinese people would overcome the disaster under the leadership of their government.Tanzania President Jakaya Mrisho Kikwete sent condolences to the victims and sympathy to the families affected by the quake.Tunisian President Zine Al-Abidine Ben Ali expressed sincere condolences and deep sympathy to the Chinese people.Jose Maria Pereira Neves, the prime minister of Cape Verde, and the president of the country's National Assembly, Aristides Raimundo Lima, conveyed deep condolences to the victims, their families and the Chinese people.Pakalitha Mosisili, prime minister of Lesotho, sent his deepest condolences to the victims of the earthquake and wished the injured a quick recovery.Guinea Parliament Speaker Bissau Raimundo Peireira expressed sincerest condolences to the families of the victims.Polish Prime Minister Donald Tusk and Vice Prime Minister Waldemar Pawlak conveyed their deepest sympathy and sincerest condolences to the families of the victims. They said that the Polish and Chinese people were sticking together at the moment.Juan Somavia, director general of the International Labor Organization,sent condolences to the victims and sympathy to the people affected by the earthquake.Edouard Dayan, the director general of Universal Postal Union's International Bureau, expressed sympathy to the Chinese people.Thai Foreign Minister Kasit Piromya, Secretary of Foreign Affairs of the Philippines Alberto Romulo, and Malta's Minister of Foreign Affairs Tonio Borg sent messages of condolence to their Chinese counterpart Yang Jiechi.
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.
BEIJING, June 6 (Xinhua) -- The Communist Party of China (CPC) Central Committee and the State Council, China's Cabinet, on Sunday jointly issued the country's Medium and Long-term Talent Development Plan (2010-2020), which sets a blueprint for creating a highly skilled national work force.The plan says as part of China's modernization process, people's education must be improved. China has to transform itself from being labor-rich to talent-intensive.The plan aims to increase the ratio of citizens with a higher education background in the work force from 9.2 percent in 2008 to 20 percent by 2020.The plan lists six major categories of "talent" that the government will help cultivate, ranging from political leaders, entrepreneurs to high-tech researchers and professional social workers.By 2020, more than 85 percent of government officials will have four years of college education, it says.The government will conduct large-scale training programs to encourage more college graduates to work in China's rural areas to help local farmers live a better life, the plan says.In terms of professional social workers, the plan says the government will put measures in place to train about 3 million social workers by 2020.