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BEIJING, Nov. 17 (Xinhua) -- Accelerating reconstruction work is the top priority in quake-affected areas, said Chinese Premier Wen Jiabao during his visit over the weekend to Sichuan Province. He told villagers in Anxian County on Sunday that the government would strengthen support to farmers to help them rebuild their houses within two years, instead of three years as was the original schedule. The construction of public facilities, including schools, kindergartens and hospitals should also be quickened, Wen added. "We can achieve that," he said. When visited students and teachers of the Beichuan Middle School on Saturday. The school has been operating in a temporary shelter. He told students who were injured in the quake, never to give up. "I hope you will be optimistic against all the difficulties," When said. He also listened to a report on the plan to rebuild Beichuan County as it was destroyed by the quake. "The reconstruction work for the new county should be based on advice from experts and the public," When said. He also visited the Sichuan Jiuzhou Electric Group, which has resumed production after the quake, and the Pangang Group Sichuan Chengcheng Special Steel Cooperation. When said reconstruction work should not only rely on government investment. "Private companies should be motivated to invest in post-quake reconstruction projects," he said. It's Wen's sixth visit to the area after the 8.0-magnitude quake stuck on May 12 killing nearly 70,000 people. More than 17,000 are still missing.
BERLIN, Jan. 28 (Xinhua) -- Chinese Premier Wen Jiabao arrived in the German capital Berlin late Wednesday for an official visit to the country. The premier is scheduled to meet with German Chancellor Angela Merkel and Vice Chancellor Frank-Walter Steinmeier on Thursday to discuss bilateral relations and further cooperation between the two nations amid the global financial downturn. Upon his arrival, Wen said in a statement that currently Sino-German relations are faced with a sound opportunity of development. The two nations have maintained frequent high-level contacts, and economic and trade cooperation has been expanding steadily, Wen said. Both sides also witnessed fruitful dialogues on such fields as science and technology, education, culture, and youth exchanges, he noted. Bilateral consultation and coordination on international affairs have also been strengthened, he added. The premier expected his meeting with Merkel would further enhance mutual trust and broaden consensus between the two nations. Wen also expressed the belief that his visit will further push forward the Sino-German partnership, which bears a global responsibility. Meanwhile, the premier, on behalf of the Chinese people, extended Chinese lunar new year greetings and good wishes to the German people. During his two-day visit to Germany, Wen will also attend a forum on Sino-German economic and technical cooperation and deliver a speech. Germany is the second leg of Wen's European tour after Switzerland, where he attended the annual meeting of the World Economic Forum (WEF). The trip will also take him to the European Union headquarters, Spain and Britain.
MOSCOW, Oct. 27 (Xinhua) -- Chinese Premier Wen Jiabao arrived here on Monday for an official visit aimed at strengthening China's strategic partnership with Russia. During his three-day stay here, Wen is scheduled to hold talks with Russian President Dmitry Medvedev, Prime Minister Vladimir Putin and Chairman of the State Duma, the lower house of Russia's parliament, Boris Gryzlov. Chinese Premier Wen Jiabao (R) shakes hands with Russian Deputy Foreign Minister Alexei Borodavkin upon his arrival at the airport in Moscow, capital of Russia, Oct. 27, 2008. Chinese Premier Wen Jiabao arrived here on Monday for an official visit aimed at strengthening China's strategic partnership with RussiaTopics of discussion include regional and international issues and bilateral cooperation in areas such as economy and trade, energy, nuclear power, science and technology, according to a Chinese Foreign Ministry official. In a written statement delivered upon arrival at the airport, Wen hailed the level of China-Russia strategic and cooperative partnership in recent years as unprecedented. The two nations have enjoyed expanding basis for common interests, increasing mutual trust, more fruitful cooperation and closer strategic cooperation in international and regional affairs, he said. Chinese Premier Wen Jiabao (front L) attends the welcoming ceremony held by Russian Deputy Foreign Minister Alexei Borodavkin upon his arrival at the airport in Moscow, capital of Russia, Oct. 27, 2008. The continuous development of bilateral strategic and cooperative partnership conforms to the fundamental interests of the two peoples, and is conducive to peace and stability in the region and the world at large, said the Chinese premier. He said he will exchange candid views with Putin on major issues concerning substantial bilateral cooperation. Wen's meeting with Putin will be the 13th regular talk between the prime ministers of the two countries. Chinese Premier Wen Jiabao (R, front) is greeted upon his arrival at the airport in Moscow, capital of Russia, Oct. 27, 2008. The Chinese premier said he will also exchange views with Medvedev and parliament leaders on bilateral ties as well as international and regional issues of common concern. Wen said he believed this visit will help promote bilateral political mutual trust, deepen their substantial and strategic cooperation, enhance the mutual understanding and traditional friendship between the two peoples, and inject new vigor into the sustained, sound and steady growth of bilateral relationship. Russia is the first leg of Wen's two-nation tour, which will also take him to Kazakhstan on Oct. 29. In Astana, capital city of Kazakhstan, Wen will attend the 7th prime ministers' meeting of Shanghai Cooperation Organization member countries. His visit will end on Oct. 31.
BEIJING, Jan. 23 (Xinhua) -- The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting Friday to study the application of the scientific outlook on development. The meeting was chaired by the General Secretary of the CPC Central Committee Hu Jintao who is also Chinese President. In a statement issued after the meeting, the Political Bureau urged all Party members to deepen study and application of the scientific outlook on development to promote economic growth, social stability, and the governance capacity of the CPC. The top priority of the application of the scientific outlook on development had always been to maintain fast and steady economic development, to adjust the country's industrial structure and to safeguard and improve the livelihood of the Chinese people, the statement said. However, it noted that China still faced a number of challenges and problems during its social and economic development. Currently, the spreading global financial crisis and the slowdown of world economic growth had exerted great pressure on business operations of Chinese companies and the country's employment situation, the statement said. Moreover, the environmental cost for China's economic development was too high, the statement said, adding that the country's industrial structure remained problematic and lacked independent innovation capacity. It also said China had witnessed increasing difficulty in maintaining steady development of its agricultural sector and in increasing income of its rural residents. Work safety, food and drug safety, and other issues of vital interest to the Chinese public must also be addressed with stepped-up efforts, it said. The statement urged all Party members to apply the scientific outlook on development to their work to deal with the global financial crisis and maintain steady economic growth. Party members should be fully confident while implementing government policies aimed at stimulating domestic demands and promoting economic growth, it said.
BEIJING, Oct. 31 (Xinhua) -- China's decision to cut interest rates on Thursday is part of its flexible monetary policy to cope with the world financial crisis and boost domestic economy, a central bank spokesman said on Friday. Li Chao, spokesman of the People's Bank of China (PBOC) explained the government's cut in interest rates for the second time in one month. On Wednesday, the PBOC announced to cut interest rates by 0.27 percentage points as of Oct. 30 to spur economic growth. The benchmark one-year deposit rate dropped to 3.60 percent from 3.87percent, while the benchmark one-year lending rate fall from 6.93 percent to 6.66 percent. The previous cut was on Oct. 8, when the PBOC announced a lowering of deposit and lending rates by 0.27 percentage points and decided to cut the reserve-requirement ratio by 0.5 percentage points from Oct. 15. Li said the move was in response to a spreading and worsening world financial crisis. "The severe crisis was beyond most people's expectations." He said: "China's economy relies highly on external markets. It is very necessary for the country to adjust economic policy, including monetary policy, in a timely and flexible manner to reduce the negative impact to a minimum." "Recently, China's exports have weakened as a result of weak world demand. Domestic export-oriented enterprises, especially those coastal based companies, face difficulties," he added. The country's export value in the first three quarters was 1.07trillion dollars -- up 22.3 percent -- the growth rate was 4.8 percentage points lower, official figure showed. "Meanwhile, the nation's inflation pressure has been eased," he said, adding the latest interest rate cut aims at maintaining the energy of China's economic growth. China's gross domestic product (GDP) grew to 20.16 trillion yuan (2.96 trillion U.S. dollars) in the first three quarters of this year, up 9.9 percent from the same period of last year. The growth rate was 2.3 percentage points lower than the same period last year. Consumer price index (CPI), the main gauge of inflation, rose 4.6 percent in September over the same period last year, off from the 12-year high of 8.7 percent in February. When asked the reason why the government only reduced interest rates and left the reserve-requirement ratio unchanged in the latest move, Li said this is because liquidity of the country's bank is adequate. Li said to cope with the international financial crisis and maintain sound and relatively fast national economic growth, the central bank has removed mandatory restriction on the commercial banks' loan plan. He said that China has confidence that it can resist the world financial crisis, as the country has great potential in expanding its domestic demand, and the financial system is stable. He called for cooperation between countries worldwide to cope with the crisis, and to carry out international financial system reform