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KHARTOUM, May 8 (Xinhua) -- Sudanese official said Saturday that the China-Arab Cooperation Forum constitutes an important platform to upgrade the economic, commercial and social ties between China and the Arab world."The China-Arab Cooperation Forum is important as it constitutes one of the major mechanisms to enhance and strengthen the economic and commercial relations between the Arab states and China," Abdul-Baqui Jailani, Sudanese state minister for humanitarian affairs, told Xinhua, one week before a ministerial conference of the China-Arab Cooperation Forum scheduled for May 13, in Tianjin, China.Jailani regarded the Sino-Sudanese cooperation as a model for the Arab countries to follow suit, saying that "Chinese experience in Sudan deserves to be studied thoroughly and it deserves to be repeated elsewhere in any other African or Arab country"."I think if we take for example oil industry, exploration and production services, the Chinese have proved to be at the highest level of development in this industry in particular, and I think we can develop this in other similar countries where there are reserves of petroleum," he added.He went on to say that "China is working with full transparency; they can build confidence with others without any hindrances or obstacles."The Sudanese official further called upon the Arab and African countries as well to give the Chinese a chance to invest and cooperate, adding that "such cooperation will result in mutual benefit for both China and others nations."He affirmed that China's contribution to establishment of development projects in Sudan would help in achieving lasting stability and peace in the country, saying that "for example, if we concentrate on development, on infrastructure, we will come to peace in Darfur. China is providing good services in this respect. ""The same thing could be said about the south. We need to concentrate on developing the south and China stands with us in this respect. It is a fruitful cooperation with great benefits," he said.Jailani, meanwhile, commended the strong ties between Khartoum and Beijing, saying that "this relation is deeply-rooted in history and I think what has been achieved now between the two countries is paving the way for a lasting peace in Sudan."The fourth Ministerial Meeting of China-Arab Cooperation Forum will be held on May 13-14 in Tianjin, China. The meeting, with the theme of deepening comprehensive cooperation and realizing common development, would give impetus to the China-Arab friendship.The China-Arab Cooperation Forum was established in 2004.
BEIJING, April 28 (Xinhua) -- Industrial enterprises in China's 24 regions reported combined profits of 690.8 billion yuan (101.2 billion U.S. dollars) in the first quarter, more than double the figure of the same period last year, the National Bureau of Statistics (NBS) said in a statement Wednesday.The NBS did not provide reasons for the 102.6-percent profit surge. The figure was down 21.1 percentage points for the first two months of the year, the statement said.Analysts attributed the growth to a low comparison base during the first quarter of 2009 when the country's economic growth was dragged down by the global economic downturn. The economic recovery, backed by government stimulus measures, also helped lift profits.The People's Bank of China, the central bank, said in a statement last week that industrial production in the first quarter had accelerated and profits of enterprises continued to expand on growing domestic demand.Altogether 38 of the 39 major industrial sectors saw year-on-year growth in profits, with profits of the steel industry up 3,380 percent and those of the power sector up 1,540 percent, the statement said.
WASHINGTON, April 22 (Xinhua) -- The U.S. Commerce Department said on Thursday that it has set preliminary antidumping duties ( AD) on imports of certain seamless pipe from China, a move that might escalate trade disputes between the two countries.The department said it "preliminarily determined that Chinese producers/exporters have sold seamless pipe in the United States at 32.39 to 98.37 percent less than fair value."As a result of this preliminary determination, Commerce will instruct U.S. Customs and Border Protection to collect a cash deposit or bond based on these preliminary rates.The products covered by this investigation are suitable for the conveyance of water, steam, petrochemicals, oil products, natural gas, and other liquids and gasses in industrial piping systems.Imports of certain seamless pipe from China were valued at an estimated 182.3 million U.S. dollars in 2009, according to the U.S. Commerce Department.Commerce said that it is currently scheduled to make its final determination in September 2010.If Commerce makes an affirmative final determination, and the U. S. International Trade Commission makes an affirmative final determination that imports of certain seamless pipe salts from China materially injures, or threaten material injury to, the domestic industry, Commerce will issue an antidumping duty order.The new case followed the Commerce Department's initiation of antidumping (AD) and countervailing (CVD) duty investigation on Chinese aluminum extrusions on Wednesday.The protectionist moves by the Obama administration will ultimately hurt the U.S.-China trade relations, which are becoming more and more important due to the global financial crisis, economists warned.The onset of the global recession appears to have set off an increase in trade disputes around the world.Globally, new requests for protection from imports in the first half of 2009 are up 18.5 percent over the first half of 2008, according to the World Bank-sponsored Global Anti-dumping Database organized by Chad P. Bown, a Brandeis University economics professor.That increase follows a 44 percent increase in new investigations in 2008. And China has become the main target of the rising protectionism.
BEIJING, April 8 (Xinhua) -- China on Thursday called for Asian media organizations to work closely on building a harmonious Asia.Li Changchun, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the call in a meeting with a delegation of Asian News Network (ANN), which consists of 19 leaders representing newspapers in 15 Asian countries and regions.Li extended a warm welcome to the media leaders, who came to Beijing for ANN's annual meeting."The in-depth discussions among Asian media organizations will help increase understanding and friendship among Asian nations, strengthen Asian media cooperation and boost the development of the Asian and global media industry," Li said. Li Changchun(C, front), member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with a delegation of Asian News Network (ANN), which consists of 19 leaders representing newspapers in 15 Asian countries and regions, in Beijing, April 8, 2010.Founded in 1999, ANN is the world's biggest newspaper alliance, grouping 21 newspapers in 19 Asian countries and regions.Li called on all members of the ANN to work more closely, spread the ideals of peace, development, cooperation and common prosperity so as to build a harmonious Asia and make contributions for a better future for Asian people.Pana Janviroj, ANN's secretary general, said the ANN's annual meeting in Beijing enabled a better knowledge of China's development and deepened communication and friendship with Chinese media organizations.