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BEIJING, Oct. 20 (Xinhua) -- China's top economic planning agency on Monday said it would raise the minimum purchasing price for wheat by as much as 15.3 percent starting next year. The move by the National Development and Reform Commission (NDRC) aims to boost rural income and grain output. The country, with a population of more than 1.3 billion, relies mainly on domestic production for food. By hiking grain purchasing prices the NDRC hopes to motivate farmers to increase agricultural production. The government's minimum purchasing price for white wheat next year will be 0.87 yuan (12.7 U.S. cents) per 500 grams, 13 percent higher than prices in 2008. In addition, prices for red and mixed wheat will be 0.83 yuan per 500 grams, up 15.3 percent. The agency also pledged to further increase subsidies for agricultural production materials, machinery and crop seeds. It will also increase commercial reserves of fertilizer to help ensure market supply and price stability. The NDRC would like to expand China's grain production capacity by 50 million tons. On Oct. 11, China's Ministry of Agriculture predicted an increase in grain output for the fifth consecutive year. According to estimates from the State Grain Information Center, this year's grain output should reach 511.5 million tons, up 10 million tons from 2007. The central government allocated 102.86 billion yuan (15.1 billion U.S. dollars) in agriculture subsidies this year, doubling the money from 2007. The NDRC also plans to raise the minimum purchasing price for rice next year, although it did not give further details.
BEIJING, Nov. 17 (Xinhua) -- Chinese President Hu Jintao recently made a site tour in Ansai County, Shaanxi Province, to publicize a campaign for the Scientific Concept of Development. It's an ideology with the same principles of the previous Party leaders' theories known as Mao Zedong Thought, Deng Xiaoping Theory and the Important Thought of "Three Represents". The theories all say the CPC has always represented the most advanced productivity and culture in China, as well as the most fundamental interests of the majority of the Chinese people. During his tour, which took place October 29-31, Hu explained the Scientific Concept of Development which was adopted at the Third Plenary Session of the Seventeenth CPC Central Committee. While talking with villagers in Hougoumen, Ansai County, Hu said the new policies, based on a practice of the Scientific Concept of Development, will bring substantial benefits to farmers by allowing them to lease their rights to contract cultivated land and forests. Undated photo shows General Secretary of the Communist Party of China (CPC) Central Committee Hu Jintao (R), who is also Chinese President and Chairman of the Central Military Commission, chats with a villager during his visit to Hougoumen Village of Yanhewan Town in Ansai County of Yan'an City, northwest China's Shaanxi Province. Leaders of the CPC have visited nine places in the country to find out how well the Party members, officials and common citizens were learning and implementing Scientific Outlook on Development. It is considered an important guiding principle for China's economic and social development. In the past, villagers were not allowed to lease their rights and as a result, their land was left unattended when they went to cities as transient workers. "I believe that with the good policies of the Party and the hard efforts by the villagers, you will lead a better life in the future," said Hu, who is also the general secretary of the CPC and chairman of the Central Military Commission. This is his second visit to Hougoumen Village. On the eve of the traditional Chinese Lunar New Year in 2006, Hu spent the festival night with villagers, having meals and joining in festive activities including a traditional dance. Ansai, a county subordinate to Yan'an City, is Hu's site for the on-the-spot study of the ideological drive. Yan'an served as the capital for the CPC-led revolutionary base during the 1930s-40s, before the Party took over the power in 1949. During his stay in Hougoumen this Oct., Hu learned about new progress made by the leadership of the village's Party branch. The villagers have had their income remarkably increased and their living standards much improved, Hu was told. The village insisted on a Party Member Promise System. All the village cadres and applicants for Party membership are required to make the promise, according to Yang Fengqi, head of the village's Party branch. Hu called the Party Member Promise System a good way to help Party members and cadres display their exemplary role. "We must do what we have promised to do by actions," he stressed. Hu visited a class of the local elementary school and talked with Kang Haifa, a villager whose family spent the 2006 Lunar New Year's eve with the leader at their cave house. Hu encouraged Kang, an agricultural technician, to help villagers with his skills on vegetable planting. While in Ansai, the leader also visited Longshitou and Fangta villages and a rural hospital in Jianhua Town. Showing concern for the heath care of rural people, Hu said the recent Third Plenary Session of the 17th CPC Central Committee decided to form a three-level medical network in the countryside. He said a health center will be set up and perfected for each town or township. During his tour, Hu also visited the county government's complaints reception bureau and talked with officials about rural people's concerns. The officials told him that local villagers mainly cared lawsuits, land confiscation, reclamation of cultivated land to forests and contracting rights for farmland. In meeting with the leader, local officials and villagers informed Hu of current reform of the managerial rights in the tree-planting sector. Now with the new policy, local people are working diligently to manage the forest while protecting the environment and ecology. Hu urged local people to plant more trees in Ansai as it is located on the Loess Plateau, which is vulnerable to ecological damage. At the end of his study trip, the top leader hosted a gathering to hear reports by some local officials who pledged to promote economic development by relying on science and technological progress. In a key-note speech, Hu called for deepening awareness of the ideological drive, correctly understanding the general demands of the Party Central Committee and further promoting the implementation of the Scientific Concept of Development.

BEIJING, Jan. 5 (Xinhua) -- Chinese exporters face an increased risk of not being paid for their goods as foreign banks run out of cash and some overseas importers evade paying debts, China's Ministry of Commerce (MOC) warned Monday. "The cases of malicious debt evasion and breach of contracts by importers in certain countries or regions are on the rise," said the ministry in a notice. It attributed the phenomenon to the impact of the deepening global financial crisis. The MOC urged local governments, guilds and overseas Chinese businesses to more closely monitor the credit of foreign importers. Priority should be placed on tracking the credit ratings of foreign lenders, it said. The ministry also called on local governments to support the development of export credit insurance and encourage exporters to carry such insurance by reducing premiums. From January to November last year, China Export & Credit Insurance Corporation (SINOSURE) provided 56.5 billion U.S. dollars of guarantee for exporters against credit risks such as payment default. That is 63.6 percent higher than the same period a year earlier. The reason for the increase is that more exporters sought insurance, company figures show. SINOSURE is China's only policy insurance company undertaking export credit insurance. In that period, SINOSURE paid 210 million U.S. dollars of indemnities, up 174.5 percent from the same period of 2007. In December, the insurer reduced credit ratings for a record 48countries, including the United States. A total of 191 countries were reappraised in December.
Visiting Chinese State Councilor Dai Bingguo (L) meets with U.S. Secretary of State Condoleezza Rice in Washington, capital of the United States, Dec. 12, 2008. WASHINGTON, Dec. 12 (Xinhua) -- Visiting Chinese State Councilor Dai Bingguo met here with U.S. Secretary of State Condoleezza Rice and National Security Advisor Stephen Hadley on Friday separately to exchange views on bilateral ties as well as international and regional issues of common concern. During the meetings, Dai recalled the great development that has been achieved in bilateral relationship since China and the United States forged diplomatic ties 30 years ago, especially the stable growth in the past eight years. Visiting Chinese State Councilor Dai Bingguo (L) meets with the United States National Security Advisor Stephen Hadley in Washington, capital of the United States, Dec. 12, 2008. Dai said that the recent years had witnessed frequent contacts and high-level exchange of visits of the two countries, especially between state leaders, as well as deepening political and economic dialogues, ever-increasing mutual understanding, growing common grounds, expanding bilateral cooperation, and more and more convergence of mutual interests. All these achievements highlight more than ever the strategic significance and global influence of a sound and stable Sino-U.S. relationship, Dai said. The state councilor said that the Chinese side was ready to work with the U.S. side to move bilateral relationship of constructive cooperation forward. For this end, he said, the two sides should continue to treat bilateral relationship from a strategic and long-term perspective, enhance dialogue, coordination and cooperation, and respect and accommodate each other's core interests and major concerns. Rice said since the establishment of diplomatic ties, relations between the United States and China had kept improving and bilateral cooperation had been increasingly deepened. The two sides have also had frequent communication and coordination in many areas such as how to cope with the ongoing global financial crisis and prevent the proliferation of weapons of mass destruction, she said, adding that the United States and China have become good cooperative partners. Rice said the Strategic Dialogue and Strategic Economic Dialogue between the United States and China should be carried on and expanded because the dialogues had increased mutual understanding and common grounds, achieved fruitful results and laid a solid foundation for the growth of bilateral friendly cooperation. Hadley said that U.S.-China relationship had witnessed great growth in recent years thanks to efforts made by state leaders of the two countries. He said the two sides should continue to strengthen cooperation in bilateral fields and on international and regional issues in a bid to move bilateral relationship further ahead. At the invitation of the U.S. government, Dai arrived in New York on Wednesday on a week-long working visit to the United States. The senior Chinese official is expected to co-chair the sixth Strategic Dialogue between the two countries with U.S. Deputy Secretary of State John Negroponte in Washington on Monday. The China-U.S. Strategic Dialogue was launched in August 2005 in accordance with the consensus of the two heads of state. The fifth dialogue was held in China in January this year.
DAVOS, Switzerland, Jan. 28 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday stressed confidence, cooperation and responsibility as key to overcoming the current global financial crisis. The global financial crisis is a challenge for the whole world, and the pressing task for the international community is "to take further measures to restore market confidence as soon as possible," Wen told participants attending the World Economic Forum annual meeting in the Swiss skiing resort of Davos. In tackling the crisis, confidence is the source of strength, practical cooperation the effective way and accepting responsibilities the prerequisite, he said in his special message at the forum. "We should not only take more forceful and effective steps to tide over the current difficulties, but also push for the establishment of a new world economic order that is just, equitable, sound and stable," Wen said. To this end, international economic cooperation and a sound multilateral trading regime should be promoted, and the reform of the international financial system should be advanced, he said. Chinese Premier Wen Jiabao (L) answers questions after speaking at the World Economic Forum annual meeting, in Davos, Switzerland, on Jan. 28, 2009.It is also necessary to strengthen international cooperation in financial supervision and regulation to guard against the build-up and spread of financial risks, the Chinese premier said. Wen said the interests of developing countries should be effectively protected and economic development of the whole world should be promoted. He also called for jointly tackling global challenges, such as climate change, environmental degradation, natural disasters and food security. "No country can be insulated from these challenges or meet them on its own. The international community should intensify cooperation and respond to these challenges together," Wen said. Wen, who is on a visit to Switzerland, traveled on Wednesday to Davos to attend the forum after meeting with President of the Swiss Confederation Hans-Rudolf Merz for talks on bilateral ties on Tuesday. Switzerland is the first leg of Wen's European tour, which will later take him to Germany, the European Union headquarters, Spain and Britain.
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