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CHICAGO, May 22 (Xinhua) -- The macroeconomic control policies adopted by the Chinese government since mid-2008 have been proven successful, two economists said Saturday.Since late 2008, the Chinese government has taken a series of macroeconomic control policies to deal with the global financial crisis. The government carried on massive financial investment, some of which focused on real estate."In spite of some problems, the Chinese government has been making great progress in regulating and controlling the Chinese economy during the global financial crisis," Min Tang, a Chinese economist, said in an exclusive interview with Xinhua."Everything has two sides, good and bad. This macroeconomic control policy is an action taken to fight against a crisis," he said.Tang believed that whether or not the policies are successful should be judged from the macro perspective instead of a micro perspective."China was able to resume its rapid growth first when the global economy was still going downhill," Tang said, "China also successfully kept the confidence of its people and enterprises, which is more important than anything else. Therefore, the government's macro control is very successful."
BEIJING, May 18 (Xinhua) -- Chinese Premier Wen Jiabao said Tuesday he expects the upcoming visit to China by German Chancellor Angela Merkel to be a new starting point in enhanced China-Germany economic cooperation.Wen made the remarks while meeting with German entrepreneurs and German President Horst Koehler in Beijing.Merkel will visit China in July, Wen said, adding that he hoped the two countries will cooperate in a tangible way.Wen met separately with Koehler earlier Tuesday afternoon.As major manufacturers and trading nations, China and Germany have played active roles in combating the financial crisis, Wen said.Chinese Premier Wen Jiabao (R Front) meets with German President Horst Koehler (L Front) in Beijing, capital of China, May 18, 2010.Wen said the world economy is recovering sluggishly.The sovereign debt crisis in Europe has slowed down the economic recovery, he said, adding that the impact of the crisis is more severe and complicated than people expected.He urged the international community, in particular the major economies, to have a clear understanding of the situation, strengthen confidence, and seek an effective mechanism for global economic governance with joint efforts, so as to actively promote the world economic recovery.Koehler agreed with Wen's views on the international financial situation, praising what China did to combat the financial crisis.
TASHKENT, April 24 (Xinhua) -- China is willing to consolidate cooperation with all the other member states of the Shanghai Cooperation Organization (SCO) on safeguarding regional security and promoting collective prosperity, Chinese Public Security Minister Meng Jianzhu said here Friday.Meng, also a Chinese State Councilor, made the remarks at the fifth session of the SCO Security Council Secretaries, which drew interior and public security ministers of SCO member states to prepare for a June summit of the organization in Tashkent.The SCO, a regional security organization founded in 2001, consists of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.Meng said that against the backdrop of complicated global and regional situations, it is important for SCO countries to deepen practical cooperation and safeguard regional stability by further coordinating cooperative mechanisms within the SCO framework.It was also important to seek collaboration and utilize various resources, he said.Meng noted the lingering effects triggered by the global financial crisis on economy and society, as well as the continuing threats from terrorism, extremism and separatism on regional security. He said that SCO members all face the heavy tasks of maintaining national security and social stability.The SCO interior and public security ministers also exchanged views on issues including the fight against Internet terrorism, illegal arms dealing, drug trafficking and protection of gas and oil pipelines.
GENEVA, May 25 (Xinhua) -- The Chinese government is firmly committed to strengthening its friendly cooperation with Africa and supporting the continent in achieving peace and development, a senior Chinese diplomat said here on Tuesday."China is the largest developing country and Africa is home to most developing countries. China-Africa cooperation is an important part of the South-South cooperation," said He Yafei, China's ambassador to the United Nations Office in Geneva.Addressing a forum on Africa's peace and development, He said China, as a permanent member of the UN Security Council, has been always supporting and participating in peacekeeping operations in Africa.Since 1990, China has participated in 12 UN peacekeeping operations in Africa, providing more than 10,000 personnel. Now there are more than 1,600 military staff and civilian police from China in Africa, he said.China supports the conflict-resolution efforts in Africa, participating actively in mediating activities in Darfur, Sudan and other parts of the continent, he added.In addition, China has actively joined the international anti- pirates task force patrolling the waters off Somalia, and made important contribution on keeping the security of the Gulf of Aden and Somali waters.On economic and social fronts, China, for over 50 years, has provided assistance to Africa to the best of its capability, according to the ambassador.China has made 7.8 billion U.S. dollars of direct investments in Africa by 2008. By the end of 2009, China had built more than 900 infrastructure and public welfare projects, sent 17,000 medical personnel to 47 African countries, where they had treated 200 million patients, provided over 20,000 government scholarships.In order to further strengthen the friendly cooperation between China and Africa, to jointly meet the challenge of economic globalization and to promote common development, the Forum on China-Africa Cooperation was established by China and friendly African countries in 2000, the ambassador said.Since its establishment, the Forum has held one summit and four ministerial conferences, with Chinese leaders announcing a lot of measures to strengthen cooperation with Africa and support African development."This year marks the 10th anniversary of Forum on China-Africa Cooperation. We believe that this Forum will play an even bigger role in facilitating cooperation and relationship between China and Africa," He said.
BEIJING, May 7 (Xinhua) -- Li Changchun, a leader of the Communist Party of China (CPC), watched Friday evening an opera of the Democratic People's Republic of Korea (DPRK) which was adapted from the Chinese classic A Dream of Red Mansions.The DPRK Phibada Opera Troupe staged in Beijing the adaptation of the masterpiece by Cao Xueqin, a novelist in the 18th century. The opera is scheduled to premiere in Beijing from Thursday to Sunday before starting a tour in other cities of China.Li, member of the Political Bureau Standing Committee of the CPC Central Committee, praised the brilliant performance of the DPRK artists, saying the opera show will contribute to friendship between the two countries. Li Changchun (3rd R front), member of the Political Bureau Standing Committee of the Communist Party of China (CPC) Central Committee, watches an opera of the Democratic People's Republic of Korea (DPRK) which was adapted from the Chinese classic A Dream of Red Mansions in Beijing, May 7, 2010Under the instruction of late DPRK leader Kim Il Sung, the DPRK artists adapted the Chinese story in the 1960s. DPRK top leader Kim Jong Il instructed that the opera be further improved and put on stage as a major event for the China-DPRK Friendship Year in 2009.The DPRK opera's debut in China coincides with Kim Jong Il's unofficial visit to the China from May 3 to 7.