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BEIJING, June 10 (Xinhua) -- China's exports surged by 48.5 percent year on year in May, while the imports climbed 48.3 percent, the General Administration of Customs (GAC) announced Thursday.The growth rate for exports was 18.1 percentage points up from the figure for April, and the import growth rate dipped slightly from 49.7 percent reported in April.Exports totalled 131.76 billion U.S. dollars in May, said a statement on the GAS website, adding imports topped 112.23 billion U.S. dollars.Total foreign trade value rose 48.4 percent from a year earlier to 243.99 billion U.S. dollars in May. The figure was even 10.2 percent higher than May 2008 before the global financial crisis began, the statement said. Photo taken on June 8, 2010 shows the colossal chemicals-transport ship of Attilio Ievoli, which is manufactured by the Rushan Shipbuilding Co., Ltd. for export to Italy, taking water at its launching ceremony, at Rushan, east China's Shandong Province. Exports were up 9.2 percent from May in 2008 and imports grew 11.4 percent.From January to May, the total value of foreign trade rose 44 percent year on year to 1.1 trillion U.S. dollars.Exports were up 33.2 percent to 567.74 billion U.S. dollars and imports rose 57.5 percent to 532.35 billion U.S. dollars, said the statement.The trade surplus fell 59.9 percent to 35.39 billion U.S. dollars in the first five months.
BEIJING, June 24 (Xinhua) -- Senior Communist Party of China (CPC) official Liu Yunshan has urged the nation's drama workers to produce more elevating works for the people.Liu, a member of the Political Bureau of the CPC Central Committee, made the remarks at an annual meeting of China Theatre Association Thursday, attended by drama workers from around the country.He called for the creation of more works showing noble morality, meaningful life pursuits and high artistic qualities from drama creators, which would elevate people's spirits.Their works should also be close to reality, life and the common people, Liu said.Precious drama traditions and folk drama resources should also be cherished, Liu said.The China Theatre Association, founded in 1949, comprises outstanding drama editors, directors, actors, musicians and reviewers from the nation's 260 drama categories.
BEIJING, June 17 (Xinhua) -- China's top legislator Wu Bangguo said here Thursday that the country would push forward friendly relations with the Islamic world.Wu, chairman of the Standing Committee of the National People's Congress (NPC), made the remarks when meeting with the Organization of the Islamic Conference (OIC) Secretary-General Ekmeleddin Ihsanoglu.Wu said China and all Islamic countries, as developing nations, enjoyed a long history of bilateral exchanges.China has always valued the traditional friendship with Islamic nations, Wu said, expressing appreciation for those countries' firm support on issues concerning China's core interests.China also has always supported Islamic nations on issues related to their concerns, and would work with them to increase exchanges and cooperation in politics, economy, trade and culture, he noted.Wu also briefed Ihsanoglu on China's national and religious policies and on the social and economic situation of the Xinjiang Uygur Autonomous Region.Ihsanoglu said friendly exchanges between the Islamic world and China not only accorded with fundamental interests of all parties, but also promoted human progress.The OIC was opposed to terrorism, separatism and extremism in any form, Ihsanoglu said, noting that the Islamic world would work with China to carry forward the traditional friendship and increase exchanges and cooperation.Besides Beijing, Ihsanoglu and his delegation would also visit the Ningxia Hui Autonomous Region and Xinjiang.
BEIJING, Aug. 12 (Xinhua) -- China has decided to impose anti-dumping tariffs on pure terephthalic acid imported from Thailand and the Republic of Korea (ROK), the Ministry of Commerce (MOC) said Thursday.The five-year tariffs, ranging from 2 percent to 20.1 percent, took effect Thursday, the ministry said in a notice posted on its website.The MOC said the dumping of terephthalic acid on the China market had caused substantial damage to the domestic industry.The ministry started an anti-dumping probe into imports of the acid on Feb. 12, 2009.On Feb. 12, 2010, the MOC announced the the preliminary ruling of the investigation, which required importers of pure terephthalic acid from Thailand and the ROK to put down a security deposit.Terephthalic acid is an organic compound used in polyester coatings and resins.
BEIJING, June 11 (Xinhua) -- Urban fixed assets investment in China for the first five months rose 25.9 percent year on year to 6.74 trillion yuan (986.76 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Friday.The growth rate was 0.2 percentage points down from that for the first four months, according to figures released by the NBS.In the first five months, central government project investment was 540 billion yuan, up 14.1 percent year on year; investment by local governments soared 27 percent to 6.2 trillion yuan.Investment in railways construction and transportation climbed 20.4 percent to 161.1 billion yuan during the same period.The government is reportedly planning to spend 700 billion yuan on high-speed railway construction this year.Total investment in the primary sector (including farming, fishing and forestry) expanded 16.1 percent from a year earlier.The industrial sector saw investment up 22.4 percent and investment in the tertiary sector, which covers commerce, finance and services, was up 28.8 percent.Property market investment grew 38.2 percent to 1.39 trillion yuan in the first five months, 2 percentage points higher than the figure for the first four months, according to NBS data.