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ALGIERS, Nov. 3 (Xinhua) -- China's top legislator Wu Bangguo arrived in Algiers on Monday afternoon on a three-day official visit to Algeria.     During an informal meeting at the airport with Abdelaziz Ziari, Speaker of the Algerian National Assembly, Wu, chairman of the Standing Committee of China's National People's Congress, highlighted the progress of bilateral relations in recent years, saying he felt especially delighted to visit Algeria at the 50th anniversary of the establishment of diplomatic ties.     "The purpose of my visit is to further promote the friendship between the two peoples, expand the bilateral cooperation with mutual benefit and strengthen our strategic and cooperative ties to a higher level," Wu told Ziari. Abdelaziz Ziari (R), Speaker of Algeria's National Assembly, greets Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress, at an airport in Algiers, capital of Algeria, on Nov. 3, 2008.    Ziari voiced agreement with Wu's views on the bilateral relations, noting that Algeria has been looking forward to Wu's visit and that he believed the visit would push forward the China-Algeria cooperation.     In addition to Ziari, Wu is also expected to meet Algerian President Abdelaziz Bouteflika, Prime Minister Ahmed Ouyahia and the President of Algerian Council of the Nation Abdelkader Bensalah.     Algeria is the first leg of Wu's five-nation Africa tour which will also take him to Gabon, Ethiopia, Madagascar and Seychelles

Chinese Premier Wen Jiabao (R) shakes hands with former Japanese Prime Minister Yasuo Fukuda ahead of the closing ceremony of "China-Japan Friendly Exchange Year of the Youth" in Beijing, capital of China, Dec. 20, 2008.     BEIJING, Dec. 20 (Xinhua) --A total of 2,008 young people from China and Japan on Saturday concluded a year-long youth exchange program between the two countries.     Chinese Premier Wen Jiabao and former Japanese Prime Minister Fukuda Yasuo joined the youth at the closing ceremony in Beijing University of Aeronautics and Aerospace.     In their half-hour meeting before the ceremony, Wen and Fukuda, who decided on this program during their talks in Singapore last year, hailed the exchange program "reached its expected aims."     The program coincided with the 30th anniversary of the signing of the China-Japan Peace and Friendship Treaty, which Wen said "made the exchange activities more significant."     Under the program, more than 12,000 youth from China or Japan paid visits to the other country since the program was launched in March in Beijing.     "Hopefully the young generation of the two countries will keep the old memories, cherish the current days and create a bright future," Wen said, calling for youth to carry forward China-Japan friendship.     Fukuda said Japan-China was founded on the deeper mutual understanding and friendship between the two peoples.     "The exchange program is a great success and will help boost the youth interaction," Fukuda said.     As a finale of the program, a 1,000-member Japanese delegation were paying week-long visit to China. Among the delegations were Japanese youth from various walks of life, including parliamentarians, government officials, businessmen and journalists.

BEIJING, Nov. 25 (Xinhua) -- Chinese Premier Wen Jiabao has held in-depth talks with top economists and entrepreneurs to discuss the current economic situation and the country's macro controls amid government efforts to steer the economy out of trouble against a background of global turmoil.     The premier sat down with specialists in a wide range of fields from fiscal policy, finance and the corporate world, to agriculture, real estate and external economy, as well as company heads from big sectors such as petrochemical, telecommunications, auto, steel, nonferrous metal, machinery manufacturing, logistics and real estate, at the Zhongnanhai leadership compound in downtown Beijing on Nov. 20 and again on Nov. 25. Chinese Premier Wen Jiabao (C) holds in-depth talks with top economists to discuss the current economic situation and the country's macro controls amid government efforts to steer the economy out of trouble against a background of global turmoil in Beijing, capital of China Nov. 20, 2008. The premier held talks with specialists in a wide range of fields at the Zhongnanhai leadership compound in downtown Beijing on Nov. 20 and again on Nov. 25The economists and entrepreneurs gave their views on the current global economic and financial situation, the country's fiscal and monetary policies, issues concerning rural areas, farmers, and agriculture, real estate sector, financial sector, industrial restructuring, how to improve people's livelihoods, and the difficulties of some sectors and companies, and also offered some suggestions.     After listening to the economists and entrepreneurs. the premier said the complication of the ongoing global economy had brought along new difficulties to framing and adjusting macro policies.     He said it would be difficult to make the right decisions if one was to only "rely on the past experience", or "the wisdom of a few".     He said the government would listen to a wide range of opinions in a bid to become "more scientific and democratic" in decision-making, and improve the transparency of decision-making.     He added the government's earlier decision to adopt "active" fiscal and "moderately active" monetary policies in response to changing economic conditions had played an important role in bolstering the economy.     He asked the State Council and ministries to deliberate on suggestions offered by economists and entrepreneurs for further improvement of macro policies.     Vice premiers Li Keqiang, Hui Liangyu, Zhang Dejiang and Wang Qishan, and State Councilor Ma Kai were also present at the meetings.     Premier Wen and some vice premiers also inspected enterprises in regions across the country, including the eastern Shanghai Municipality and Zhejiang and Fujian provinces and central Hubei Province, during the interval of the two meetings. Chinese Premier Wen Jiabao (C) holds in-depth talks with entrepreneurs to discuss the current economic situation and the country's macro controls amid government efforts to steer the economy out of trouble against a background of global turmoil in Beijing, capital of China Nov. 25, 2008. The premier held talks with specialists in a wide range of fields at the Zhongnanhai leadership compound in downtown Beijing on Nov. 20 and again on Nov. 25

BEIJING, Dec. 1 -- Amid the coupling effects of shrinking global demand and rising operating costs, it has been a dramatic upheaval this year for domestic small and medium-sized enterprises (SMEs) after China started its reforms 30 years ago.    Even as the scene appears a bit scary, there is still a ray of hope if only entrepreneurs note the writing on the wall and go all out to cut costs before they raise the clamor for a bailout.Two women make beds on a production line of the small private firm Nangang Shoemaking Factory in Foshan, Guangdong province.In the first half of 2008, much before the world saw the capital markets going topsy turvy amid the global economic slowdown, over 67,000 SMEs in China went bankrupt, while more than 10,000 labor-intensive textile enterprises downed shutters, according to figures from the Department of SMEs under the National Development and Reform Commission.    In October, 714 companies were closed in Dongguan in Guangdong province, home to over 60,100 private companies and a major manufacturing center in China.     "We will see more companies closing in the coming months, with the figure likely to cross 1,000 after Christmas," says Dongguan Deputy Mayor Jiang Ling.     Most of the international buyers of Chinese products failed to get letters of credit in October leading to significant cancellations of Christmas orders, says Frank FX. Gong, chief China economist at JPMorgan Securities (Asia Pacific) Limited in a recent report. "Indeed, 'things suddenly ceased' was the common comment we heard on the ground lately," he says.     But for some like Luo Chun, sales director of tin box maker Dongguan Tinpak Co, the freeze on Christmas orders has not yet meant closing. Luo says overseas order fell by 10 percent from June to October, normally the peak time for Christmas orders.

BEIJING, Nov. 25 (Xinhua) -- Chinese Premier Wen Jiabao stressed here Tuesday the comprehensive and strategic partnership between China and the European Union (EU).     "Comprehensive" means the promotion of political trust and mutually beneficial cooperation, and "strategic" requires that both sides make concerted efforts in a far-sighted way to ensure the lasting, stable and healthy development of China-EU relations, Wen said.     The premier made the remarks in his meeting with former president of European Commission also former prime minister of Italy Romano Prodi. Chinese Premier Wen Jiabao (L) meets with Romano Prodi, former president of European Commission and former prime minister of Italy, in Diaoyutai State Guesthouse, Beijing, capital of China, Nov. 25, 2008.    Wen highlighted the recent growth in China-EU cooperation, noting that China will firmly support the EU's integration process and welcomes the EU to play a more active role in dealing with international issues.     "We cherish the hard-won achievements on China-EU relations and are willing to further trust and cooperation with the EU based on mutual respect, equality and reciprocity," Wen told Prodi.     Wen also called on the two sides to join hands to tackle global challenges and overcome the current difficulties over the world's finance and economy.     Echoing Wen's views, Prodi spoke highly of the Beijing Olympic Games and the measures adopted by China to handle the international financial crisis.     He said China is playing a brand new and positive role in world affairs and he would continue to contribute his efforts to boost mutual understanding and cooperation between the EU and China.