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WASHINGTON, Dec. 29 (Xinhua) --The U.S. Commerce Department said on Tuesday that it has set preliminary antidumping duties (AD)on imports of steel grating from China, a move that might escalate trade disputes between the two countries. The department said it "preliminarily determined that Chinese producers/exporters have sold steel grating in the United States at 14.36 to 145.18 percent less than normal value." As a result of this preliminary determination, Commerce will instruct U.S. Customs and Border Protection to collect a cash deposit or bond based on these preliminary rates. The product covered by this investigation is a downstream steel product typically comprised of bearing and cross bars used for walkways, platforms and flooring. From 2006 to 2008, imports of steel grating from China increased 538.44 percent by volume and were valued at an estimated90.7 million dollars in 2008, according to the U.S. Commerce Department. Commerce said that it is currently scheduled to make its final determination in April 2010. If Commerce makes an affirmative final determination, and the U.S. International Trade Commission makes an affirmative final determination that imports of steel grating from China materially injures, or threaten material injury to, the domestic industry, Commerce will issue an antidumping duty order. The new case followed U.S. President Barack Obama's recent decision to impose punitive tariffs on all car and light truck tires from China for three years, a move quickly denounced by China as a "serious act of trade protectionism." The protectionist moves by the Obama administration will ultimately hurt the U.S.-China trade relations, which are becoming more and more important due to the global financial crisis, economists warned.
YANGON, Dec. 19 (Xinhua) -- Chinese Vice President Xi Jinping arrived here on Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour. In a written statement, Xi said China and Myanmar were good neighbors, and the long-term friendship, fostered by the leaders of the two countries, had been upgraded since the two countries forged diplomatic ties. Chinese Vice President Xi Jinping (L, front) is greeted upon his arrival in Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour He said the two countries had conducted fruitful cooperation in various fields and maintained coordination in the international and regional affairs. China-Myanmar relations were in conformity with the interests of the two peoples, and conducive to the peace, stability and development of the region, he said. Chinese Vice President Xi Jinping is greeted upon his arrival in Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour."I will take the purpose of cementing traditional friendship, reciprocal cooperation, and common prosperity to exchange views with the leaders of Myanmar," Xi said. During his stay in Myanmar, Xi will meet Than Shwe, Chairman of the State Peace and Development Council, and held talks with Maung Aye, vice-chairman of the council. Prior to Myanmar, Xi visited Japan and South Korea. He will visit Cambodia after Myanmar.Chinese Vice President Xi Jinping (L) is greeted by Myanmar Foreign Minister U Nyan Win upon his arrival at the airport of Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour.
BEIJING, Dec. 24 (Xinhua) -- A report on the building of rural social security system was submitted Thursday to the ongoing session of the National People's Congress (NPC), China's top legislature, for deliberation. Sun Wensheng, vice chairman of the NPC Agriculture and Rural Affairs Committee, said steady progress had been made in the development of rural social security system when delivering the report at the session of the NPC Standing Committee. A total of 833 million rural residents, or 94 percent of the rural population, have joined the rural cooperative medical care system, up 2.5 percentage points from the beginning of this year, according to the report. The rural cooperative medical care system, a government initiative implemented in 2005 that intended to make health services more affordable for the rural poor, had alleviated illness-caused poverty among farmers, it said. The report said 320 counties, or 11.6 percent of the country's total, had been or would be approved to try a new rural social pension insurance system, which would benefit more than 15 million rural residents. Under the pension system, senior rural residents will receive a monthly ole-age pension of varying amounts, which will be set by government according to the local income standards. However, some local governments were financially challenged to implement the rural social security programs and only a relatively small percentage of migrant farmer workers were covered, Sun said. The report was the result of a nearly four-month investigation conducted by the NPC Agriculture and Rural Affairs Committee. Initiated in September, the investigation covered 17 provinces, municipalities and autonomous regions.
BEIJING, Nov. 20 (Xinhua) -- Chinese President Hu Jintao said on Friday that China hopes to advance the strategic cooperative partnership with the Republic of Korea (ROK). "We will work with the ROK to increase friendly exchanges at various levels and enhance pragmatic cooperation in various sectors," Hu told Kim Hyong-o, speaker of the ROK National Assembly. Hailing the smooth development of China-ROK ties in recent years, Hu said the leaders of the two nations had maintained frequent contacts, exchanged views often and reached broad consensus on important issues. "This gives strong impetus to the growth of bilateral relations," Hu noted. Chinese President Hu Jintao (R) meets with Kim Hyong-o, speaker of South Korea's National Assembly, in Beijing, capital of China, Nov. 20, 2009 The two nations had also witnessed fruitful cooperation in economy, trade, environmental protection and energy, and made active exchanges between parliaments, political parties and people, he said. "Our coordination in international and regional affairs are close," he added. Both China and the ROK were faced with important tasks to promote economic recovery, improve people's life and safeguard peace and stability, Hu said, noting that to keep the stable and healthy growth of bilateral ties would not only benefit the two nations and the two peoples, but also help promote regional and world peace and development. The government also supports the legislative organs from both countries to expand exchanges and cooperation, the president said, expressing his hope that the ROK parliamentary members would make efforts to promote China-ROK friendship. Echoing Hu, Kim spoke highly of China's measures to cope with the international financial crisis and to maintain stable and rapid economic growth. The ROK-China relations were at its best period in history, and the ROK National Assembly would work with the National People's Congress (NPC) of China to contribute to the further growth of ties between the two nations, Kim noted. Kim is visiting China from Nov. 18 to 22 at the invitation of Wu Bangguo, chairman of the NPC Standing Committee.