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BEIJING, Oct. 17 (Xinhua) - Deeper reforms, especially systematical ones, will be carried out and extended to more key areas in China during the next five years to provide further momentum for the country's future development after it comes out of the economic crisis, economists and observers have said.The ongoing Fifth Plenary Session of the 17th Communist Party of China (CPC) Central Committee is discussing the 12th Five-Year Plan (2011-2015), or the nation's development plan for the next five years, and "reform" is set to be one key topic at the meeting.At a meeting of the CPC Central Committee's Political Bureau two weeks ago, it was agreed that the coming years will be a crucial stage to deepen the reform and opening-up process while accelerating the transformation of the nation's economic development pattern.The reform and opening up in China, which started more than 30 years ago, had helped the country to achieve rapid economic development in the past decade, and it is widely expected to enter a new stage and touch upon issues that are hard to penetrate, especially systematical ones, in the next five years.Peng Sen, deputy director with the National Development and Reform Commission, the nation's top economic planner, said the systematic and mechanism restraints are the main crux that had frustrated the progress of China's economic development pattern transformation."Without major breakthrough in the system it would be difficult to achieve a fundamental change in the way of economic development," he told Xinhua.Chi Fulin, head of the Hainan-based China Institute for Reform and Development, told Xinhua that the 12th Five-Year Plan is likely to focus on systematic reforms in economic, political and social fields.While further improving the market economy system, China should speed up forming a public service system and a public service-oriented government, which would lay the foundation for boosting domestic demand and sustainable development, Chi said.Wang Tao, an economist with UBS Securities, praised the Chinese government for efficient moves in the face of the global crisis, since a powerful government is able to position all of its economic resources.

TIANJIN, Oct. 6 (Xinhua) -- China's top climate change official said on Wednesday that the country's greenhouse gas emissions would peak earlier than expected if developed countries complied with international protocols."We will try to get past the peak of emissions as early as possible, but this also hinges on how much money the developed nations will offer and what technology they will transfer, as required by the international protocols," Xie Zhenhua, who is also vice minister of the National Development and Reform Commission, told reporters on the sidelines of the ongoing United Nations climate talks in northern China's Tianjin."The more money they provide, or the earlier the money arrives, the sooner we should be able to pass the emissions peak," Xie said.He noted some developed countries, even with a per capita GDP of more than 40,000 U.S. dollars per year, have yet to reach their emissions peak as their greenhouse gas emissions continue to rise."Under such circumstances, how can you ask China, with a per capita GDP just over 3,000 U.S. dollars, to foresee its peak?" he asked.After three rounds of talks this year, which are moving slowly towards a negotiated text for the Cancun meeting, more than 3,000 delegates from 194 nations gathered in Tianjin to speed the search for common ground prior to a major meeting in Mexico's Cancun at the end of the year.However, the gap remains wide between developed and developing nations as rich nations remain wary of green technology transfers and providing additional financing to poorer nations.

BEIJING, Aug. 27 (Xinhua) -- The United States has repeatedly blocked investment from Chinese companies on national security grounds, a protectionist move that will only harm its own interests, analysts say.Eight U.S. congressmen recently asked the Obama administration to scrutinize a deal between Chinese telecom equipment giant Huawei and the American operator Sprint Nextel on national security grounds.It was not the first time Huawei's attempts to break into the U.S. market have been stymied. Earlier its buyout attempt of 3Com was summarily dismissed by the U.S. government.Citing national security concerns again, a bipartisan group of 50 lawmakers in July requested that the government investigate an investment project of China's Anshan Iron and Steel Group (Ansteel), China's fourth largest steelmaker, which plans to establish a joint rebar venture with a U.S. partner in Mississippi."It is inappropriate for some U.S. lawmakers to label regular business behavior as a move that threatens national security," Yao Jian, a spokesman for the Ministry of Commerce, recently said about Ansteel's investment plan."I hope the United States can create a better investment environment for Chinese enterprises," he said.Chinese analysts said the actions were sheer protectionism, adding that national security concerns is only a lame excuse by U.S. authorities, whose true intention is to protect the interests of domestic enterprises and industries.Moreover, standing up to China's allegedly unfair trade practices can easily earn the congressmen much needed political chips in the upcoming mid-term election in November, the analysts said.The setback that Huawei and Ansteel suffered is only the tip of the iceberg. Actually, blocking investment from Chinese companies in the name of national security has morphed into a knee-jerk reaction that could only harm America's own interests.Emcore Corporation, a U.S. fiber optics producer, announced in late June that it has abandoned a joint venture in partnership with China's Tangshan Caofeidian Investment Corporation because the Committee on Foreign Investment in the United States "has certain regulatory concerns about the transaction."

BEIJING, Oct. 26 (Xinhua) -- Li Yuanchao, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, met with a delegation of Costa Rica's National Liberation Party (NLP) led by President Bernal Jimenez in Beijing Tuesday. Li, also a member of the CPC Central Committee secretariat and head of the Organization Department of the CPC Central Committee, praised China-Costa Rica cooperation since the establishment of diplomatic relations three years ago.Li said relations had developed rapidly through frequent high level exchange visits, enhancing political mutual trust and comprehensive cooperation in fields such as economy, culture and education. Li Yuanchao (R), a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, who is also a member of the CPC Central Committee secretariat and head of the Organization Department of the CPC Central Committee, meets with Bernal Jimenez, president of Costa Rica's National Liberation Party (NLP), in Beijing, capital of China, Oct. 26, 2010.Li said the NLP had played an important role in promoting China-Costa Rica relations, adding cooperation between the two countries was in the interest of both peoples and was widely supported.Li hoped the sustainable and healthy development of relations would be promoted.Jimenez said the NLP was willing to push forward friendly exchanges and mutual cooperation and hoped China-Costa Rica relations could become a model for ties between China and Central America.

BEIJING, Nov. 8 (Xinhua) -- Chinese stocks rose for a third straight trading day Monday with the benchmark Shanghai Composite Index closing up 0.96 percent, or 30.01 points, at 3,159.51.The Shenzhen Component Index gained 0.54 percent, or 73.94 points, to finish at 13,807.3.Combined turnover declined to 453.1 billion yuan (68 billion U.S. dollars) from 459.17 billion yuan the previous trading day.Gainers outnumbered losers 743 to 132 in Shanghai and 950 to 140 in Shenzhen.Agricultural shares led the gains with a 5.39 percent rise amid increased inflation expectations and surging farm product prices.Some economists believe China's consumer price index (CPI), the main gauge of inflation, jumped 4 percent year on year in October.Yasheng Industrial Group, Yongan Forestry Group and Fengle Seed Company all rose by the daily limit of 10 percent, ending at 6.47 yuan, 12.84 yuan and 20.77 yuan, respectively.Local stocks in Shanghai continued their surge after Walt Disney Co. inked a deal Friday for its long-awaited theme park in the city.Shanghai Lujiazui Finance and Trade Zone Development Co., Ltd rose 4.8 percent to 22.7 yuan while Shanghai Pudong Road and Bridge Construction Co. Ltd. gained 3.08 percent to finish at 20.43 yuan.Yu Wei, an analyst at Shiji Investment, said more "hot money" will flow into Chinese capital markets because of the U.S. Federal Reserve's second round of quantitative easing, QE2."As the government works on controlling inflation and the property market, the A-share market will be the most attractive place for 'hot money' inflows," he said.

来源：资阳报