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BEIJING, April 7 (Xinhua) -- Chinese Premier Wen Jiabao said here on Monday the free trade agreement signed between China and New Zealand was of importance and profound significance. Wen told New Zealand Prime Minister Helen Clark in their talks that the signing of the free trade accord "explored broad prospects for deepening mutually beneficial cooperation between the two countries". He added the China-New Zealand ties were faced with important new development opportunity. The two reached consensus to push the China-New Zealand comprehensive, friendly and cooperative relations to a new high. Wen hailed the vigorous development of China-New Zealand relations in recent years, saying the practical cooperation in every area had made constant breakthroughs, bringing real benefits to the two peoples. Chinese Premier Wen Jiabao meets New Zealand Prime Minister Helen Clark in Beijing on April 7, 2008. The two attended the signing ceremony of the free trade agreement and respectively delivered speeches He noted the two nations shared broad common interests in promoting peace, stability and prosperity in the Asia-Pacific region. Wen pledged China was ready to implement the annual meeting mechanism between the leaders of the two countries, strengthen consultation at all levels and consolidate the political basis for the bilateral relations. Wen suggested the two sides make full use of complementary advantages in sustainable development areas, such as climate change, energy saving, environmental protection and low-carbon economy, foster new growing points in trade and economic cooperation, expand cooperation on culture, education, science, technology and justice, and increase communication and coordination on important international and regional issues. Clark said since China was an important cooperation partner, New Zealand attached great importance to the bilateral relations from a strategic level. "New Zealand explicitly sticks to the one-China policy, advocates to enhance contact and cooperation with China and supports China in its efforts to play an active role in the world," she said. On the FTA deal, Clark said New Zealand and the country's business circle would firmly support and earnestly carry out the agreement. She added New Zealand was ready to maintain high-level exchanges with China, step up exchanges and cooperation in the spheres of goods, service trade, agriculture, stock-breeding, energy saving, environmental protection, culture and education, and increase consultation and cooperation between the two countries in the United Nations and the Asia-Pacific Economic Cooperation. After the talks, the two attended the signing ceremony of the free trade agreement and respectively delivered speeches.
BEIJING, Aug. 8 -- China's consumer inflation may continue to decline in July, marking the second consecutive month this year that it has dropped, according to economists' estimates. That may mean a departure from the rising spiral of inflation after it peaked at an annualized 8.7 percent in February. Lehman Brothers economist Sun Mingchun said his team's research found the July consumer price index (CPI), the main barometer of inflation, may drop to 6.7 percent year-on-year from 7.1 percent in June. The domestic Bank of Communications research arm said the figure could fall at 6.4 percent, which is also the estimate of Southwest Securities. China's consumer inflation may continue to decline in July, marking the second consecutive month this year that it has dropped, according to economists' estimates. One of the reasons why prices are stable is that there has been no flooding, a regular feature of the rainy seaon, said Sun of Lehman Brothers. Daily price data from the Ministry of Agriculture and the National Development and Reform Commission show that agricultural product prices rose only slightly in July while meat prices fell. Weekly price data released by the Ministry of Commerce also showed a moderate decline in food prices. The relatively high statistical base of last July also contributed to the drop in inflation this July, said Guo Tianyong, economist with the Central University of Finance and Economics. China's CPI hit 5.6 percent year-on-year last July, the first time it reached the 5-percent level that year. "If no major natural disaster hits China in August, CPI could fall below 6 percent in August, providing more room for the government to remove its price controls," said Sun. Economists said that without many unexpected incidence, it will gradually ease to around 5 percent by the year-end. A possible price liberalization of oil products, however, should not be a one-off adjustment, which will put a huge pressure on the country's battle against inflation, Guo said. China raised the prices of oil products and electricity late June. Analysts said that once the inflation pressure eases, policymakers may start a second round of price liberalization, which may lead to a rebound in CPI. If such liberalization moves are indeed made, they should be done in phases, not in one go, said Guo. Only that will ensure inflation does not peak again, as it did in February. The pressure from the rising producer price index (PPI), which gauges ex-factory prices and influences CPI, may be a concern, but even taking into consideration its impact, consumer inflation may no longer exceed the February peak in the coming months and the first half of next year "The worst times are behind us," said Dong Xianan, macroeconomic analyst with Southwest Securities. "From the second half of last year, the tightenting stance had been obvious, which is a pre-emptive move to ensure the current easing of inflation." Macroeconomic growth The economic growth may gradually slow down in the rest of the year, analysts said, but the fine-tuning of policies would shore it up. Dong from Southwest Securities forecasts that given the current growth momentum, the whole-year figure for GDP growth may be 10.1 percent, well below the 11.9 percent of last year. Other estimates are around the 10 percent mark. The global economic slow-down, which reduces external demand for China's exports, will bring much trouble to China, but its domestic consumption and investment will remain stable, analysts said. More importantly, the central authorities may adjust its tight policies to cater to individual demand of regions and sectors that have found it difficult to survive the tightened policies.
BEIJING, July 13 (Xinhua) -- The Beijing municipal government said on Sunday that the city's state-owned enterprises (SOEs), institutions and social groups should adjust their working hours from July 20 to Sept. 20 to avoid traffic jams. A notice issued by the municipal government said that, except for schools and institutions that provide essential services, SOEs should operate from 9 a.m. to 5 p.m. The Beijing municipal government said on Sunday that the city's state-owned enterprises (SOEs), institutions and social groups should adjust their working hours from July 20 to Sept. 20 to avoid traffic jams Large shopping centers should open at 10 a.m. and stay open later in the evening. Other institutions should operate from 9:30 a.m. to 5:30 p.m. Government departments won't alter their hours, the notice said. The notice also encouraged institutions to handle business online if possible and arrange flex-time arrangements where feasible.
BEIJING, Oct. 7 (Xinhua) -- Leaders of China's top political advisory body met on Tuesday to call for ideas on rural development and reform. The Standing Committee of the 11th Chinese People's Political Consultative Conference (CPPCC) National Committee will hold its third meeting in mid October. Its major topic is rural development and reform, according to a statement issued after a meeting of CPPCC National Committee chairman and vice chairpersons presided over by Chairman Jia Qinglin. Senior Communist Party of China (CPC) members will meet from Oct. 9 to 12 in Beijing to discuss major issues about promoting reform and development in the rural areas at the third Plenary Session of the 17th CPC Central Committee. Political advisors are expected to discuss the guidelines reached at the Party session, the statement said. "We shall present research findings our political advisors made about rural development and try our best to put forward as many good proposals as possible to the Party." At Tuesday's meeting, Jia called on political advisors to take an active part in a nationwide campaign to learn and implement the Scientific Outlook on Development. The campaign aims to push Party members, especially leading Party members and government officials, to learn how to implement the Scientific Outlook on Development and carry it out effectively. Political advisors should think about how to implement it in the CPPCC's work to improve its supervision on the ruling Party and participation in state affairs, Jia said.
BEIJING, Aug. 6 (Xinhua) -- Senior Chinese leader Jia Qinglin urged here on Wednesday that the role of the Chinese People's Political Consultative Conference (CPPCC) in scientific and democratic policy-making should be strengthened. "We should increase the forms of political consultation and make it an important aspect in making scientific and democratic policies," Jia, chairman of the 11th CPPCC National Committee, said at a seminar held by political advisory body. Jia, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, stressed improving democratic supervision in three phases: information, communication and feedback. Jia said the work in the latter half of 2008 would be extensive and tough, and he urged officials at all levels to closely track changing international economic trends and research the new issues emerging in domestic economic development. Jia Qinglin (C), Chairman of the 11th Chinese People's Political Consultative Conference (CPPCC) National Committee and a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, addresses the study meeting of Leading Party Members' Group of CPPCC’s central group held in Beijing, capital of China, on Aug. 6, 2008 He also said that senior officials should be clean-handed and wise in choosing and promoting personnel. He called on them to lead high-quality teams by setting good examples. The three-day seminar, in celebration of the 30th anniversary of the reform and opening-up policy, ended on Wednesday. Attendees summed up their experience from recent political consultation work and discussed advice on future improvements.