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BEIJING, Oct. 15 (Xinhua) -- The National Development and Reform Commission (NDRC) will mainly redress production overcapacity in six sectors, said Chen Bin, director of the Department of Industry of the NDRC, Thursday.     The six sectors include steel, cement, plate glass, coal-chemical industry, polycrystalline silicon and windpower equipment.     The NDRC also warns of obvious production overcapacity in sectors like electrolytic aluminum, ship manufacturing and soybean oil extraction, said Chen during an on-line interview on www.gov.cn., the website of China's central government.     He said China would fight serious overcapacity in sectors like steel industry and offer guidance for new-born industries like windpower equipment to avoid low level repetitive construction.     China has achieved preliminary progresses in fighting the global economic downturn, but the foundation for economic recovery is not stable yet and overcapacity might lead to bankruptcy, unemployment and bad bank loans if it was not checked in time, he said.

ISTANBUL, Oct. 4 (Xinhua) -- China on Sunday demanded an increase of the quota share of the emerging markets and developing countries in the International Monetary Fund (IMF) and urged the organization to accelerate its structural reform. Chinese Deputy Governor of the Central Bank Yi Gang made the remarks at the 20th meeting of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund in Istanbul.     The one-day meeting was attended by representatives from 186 member countries and international financial institutions, the World Bank, the World Trade Organization and other organizations.     The Chinese deputy governor criticized major international financial institution for failing to give a timely early warning report of the current global financial crisis, noting that the failure is closely related to deviation of the surveillance direction and its focus.     The long-time underestimation of the quota share of the emerging markets and developing countries and their insufficient representation in the IMF are major causes for irrational governing structure, unfair surveillance and untimely early warning system, he said. Attendees take part in the International Monetary and Financial Committee (IMFC) meeting at the Istanbul Congress Center October 4, 2009. The IMFC has 24 members who advise and report to the IMF Board of Governors. Finance ministers and central bankers from around the globe are in Istanbul for the semiannual meetings of the International Monetary Fund and World Bank, which run from Oct. 4-7.    He said China supports an increase of IMF structural resources in various ways.     But he stressed that the quota share is the main resource of the IMF organization, urging the IMF to establish quota share automatic readjusting mechanism in a bid to reflect changes of economic positions of different countries.     China supports the IMF to undergo wide-ranging administrative structural reform, including the strengthening of responsibilities of the executive board of directors, effective supervision of the administration, reform of chairman election system and increasing the proportion of administrative and working staff of emerging markets and developing countries, he added.     Yi stressed that the IMF should strengthen supervision and surveillance over various major financial markets, synthetically think about various policies of member countries, and not to assess single policy in a simple and mechanical way.     He said China welcomes the progress made by the IMF in enhancing early warning capability, the whole package reform in financing mechanism to offer loan to low-income countries and preferential financing measures.     Istanbul is to host the annual meetings of the IMF and World Bank on Oct. 6-7.

HANOI, Aug. 28 (Xinhua) -- The Communist Party of Vietnam Central Committee General Secretary Nong Duc Manh met with a Communist Party of China (CPC) delegation here on Friday.     The Chinese delegation is headed by He Yong, member of the Secretariat of the CPC Central Committee and deputy secretary of CPC Central Commission for Discipline Inspection.     During the meeting, Manh said Vietnamese party, government and people treasure the friendship with China. He said developing the Vietnam-China friendly relations serves the common interests and aspirations of the two peoples.     Manh said Vietnam would like to work together with China to enhance support for each other, deepen friendly cooperation of the two parties and two countries, and advance the bilateral comprehensive strategic cooperative partnership in a healthy and steady manner.     Manh said Vietnam is pleased to see that China has overcome various difficulties and challenges brought by the global financial crisis and achieved stable and relatively fast economic growth. Vietnam would like to share with China the experiences of dealing with global financial crisis as well as those of the reform and open-up causes.     For his part, He said in the past few years, China and Vietnam have seen frequent visits of high-level officials, strengthened mutual political trust, great outcomes on economic and trade cooperation and deepened exchanges of experiences in governing the party and the nation.     He said the two parties have also witnessed increased exchanges and cooperation in discipline inspection and fighting corruption.     He said China and Vietnam will celebrate the 60th anniversary of the founding of diplomatic ties next year and at the same time embrace the Year of Friendship. He said China would like to work together with Vietnam to take this opportunity to enrich bilateral comprehensive strategic cooperative partnership, further strengthen strategic mutual trust, deepen cooperation of mutual benefits, promote common development and push forward the relations of the two parties and two countries to a new stage.     He conveyed the greetings and best wishes from Hu Jintao, General Secretary of the CPC Central Committee and Chinese President to Manh.     Manh asked He to pass his best wishes to Hu. He congratulated China on the 60th anniversary of the founding of the People's Republic of China which is to fall on October 1. He said he believed Chinese people will make even greater achievements under the leadership of the CPC with Hu as the general secretary of the central committee.     He arrived in Vietnam on Tuesday at the invitation of the Communist Party of Vietnam.

CHENGDU, Aug. 18 (Xinhua) -- Chinese top political advisor Jia Qinglin has urged local governments in southwest China's Sichuan Province to boost post-quake reconstruction in the areas jolted by a massive earthquake last year.     Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), made the remarks during his inspection tour to Sichuan Province from Aug. 14 to 18. Jia Qinglin (3rd L), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), talks with local residents as he visits Maiwa Township of Hongyuan County in the Tibetan-Qiang Autonomous Prefecture of Aba, southwest China's Sichuan Province, Aug. 15, 2009. Jia Qinglin visited Sichuan for an investigating and researching tour on Aug. 14-18.A major earthquake measuring 8.0 on the Richter Scale hit the northwest part of Sichuan on May 12 last year.     When visiting several counties near the earthquake's epicenter, Jia asked local governmental officials to try all out to ensure that all the quake homeless could have their new houses and jobs as soon as possible.     During his visit to the provincial capital Chengdu, Jia urged officials to promote reforms in rural areas to gain experience for other regions. Jia Qinglin (L FRONT), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), talks with villagers in Anbei Village, Shuijing Township of Songpan County in the Tibetan-Qiang Autonomous Prefecture of Aba, southwest China's Sichuan Province, Aug. 14, 2009.Jia also went to the plateau region in the province, with an average altitude of 3,400 meters above sea level, where the official visited local Tibetan herdsmen.     Jia asked religious leaders and followers of Tibetan Buddhism to continue their patriotic tradition and maintain the country's unity and solidarity. Jia Qinglin (2nd L), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), visits Dongfang Steam Turbine Plant in southwest China's Sichuan Province, Aug. 16, 2009

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