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BEIJING, April 17 (Xinhua) -- Chinese Vice Premier Li Keqiang urged more efforts to expand domestic demand and restructure the economy to revitalize the old industrial base in northeast China.Li made the remarks during an inspection tour to northeast China's Liaoning Province between Wednesday and Saturday.Urbanization, which in itself is a kind of economic restructuring, offered great potentials for expanding domestic demand, Li said.Chinese Vice Premier Li Keqiang (4th R) listens to the introduction of the comprehensive plan of the construction of Lingang Industrial Park at Changxingdao in Dalian, northeast China's Liaoning Province, April 15, 2010. Li made an inspection tour in Liaoning from April 14 to 17.He also stressed the role of scientific and technological innovations in transforming the economic development mode and creating new advantages in competition.Improved livelihood of the people is a major symbol for the revitalization of the old industrial base, said Li, urging local governments to step up efforts to improve people's well-being in the process of economic development

BEIJING, May 3 -- Ma Weihua, president and chief executive officer of China Merchants Bank (CMB), said he wanted to see Chinese banks elevate their level of globalization in the context of expedited overseas expansion of Chinese companies during his bank's recent road show in the United States. He said CMB would pursue this process ambitiously but cautiously.The bank is soon to relocate its night-shift foreign exchange trading team to its New York branch, which was established in 2008, and will move on to security trading as well in the future, according to Ma during a group interview. The branch is also working on consolidating its dollar settlement business."What I'm concerned about right now is to first have my New York branch familiarized with the US market, customers and rules as soon as possible so I can expand the business steadily," Ma told the audience at a recent speech at New York University's Leonard N. Stern School of Business. "We won't consider faster expansion until we have secured our position here."Because of policy restrictions, CMB and other Chinese banks are only able to provide very limited services overseas for now. Retail banking, which CMB is best at, is still being constrained in its New York branch, its first branch in the West. But the bank is eyeing up other opportunities.The branch is attaching increasing importance to the loan business for Chinese companies during their overseas merger and acquisition activities. It just completed a big deal for a Chinese State-owned conglomerate but declined to reveal its name."The most fundamental motive to globalize our bank is to support Chinese companies' overseas growth and to provide the same quality service for foreign companies as well when they come to China," Ma said.According to Ma, over the past five years, Chinese companies' overseas direct investment saw an annual increase of 60 percent and their non-financial overseas investment grew by 68.5 percent year-on-year.In comparison, overseas assets only make up less than 4 percent of Chinese banks' total assets, while in large banks in Europe and the US, the proportion is about 40 percent, he said.

BEIJING, May 21 (Xinhua) -- The U.S. commerce chief Friday said the United States would complete its review of the exports control system this summer, without specifying the possibly relaxed controls against exports to China."With respect to our export control reform, we want to have that done by this summer," U.S. Commerce Secretary Gary Locke told reporters during his trade mission to China Friday.Locke is leading a delegation of business executives from American clean energy companies looking to China's fast growing green energy market, the size of which the United States has predicted will be 100 billion U.S. dollars by 2020."We have restrictions on items already readily available from companies around the rest of the world and our restrictions make no sense," Locke said.The United States' 1979 Export Administration Act limits the export sales of some commercial high-technology goods to China.The exports control system, operated by the U.S. Defense Department and the Commerce Department, is widely seen as a major cause for the trade imbalance between China and the United States.U.S. products accounted for 7.5 percent of China's high technology imports last year, down from 18.3 percent in 2001 partly due to the U.S. exports control system, according to China's Commerce Ministry."If the share in 2001 is used as a benchmark, U.S. companies lost at least 33 billion U.S. dollars worth of export opportunities in 2009," Commerce Minister Chen Deming said in March.In a meeting with Locke Thursday, Chinese Deputy Commerce Minister Ma Xiuhong said China-U.S. cooperation would be impaired unless the United States takes substantive measures to ease its restrictions on exports to China.Locke didn't specify which exports are likely to be available to China,citing U.S. national security as the major factor to be considered when reviewing the export control system.Locke stressed restrictions will be eased on some commonly available high-tech goods and strengthened on sensitive technologies with military uses."We need to intensify and increase our protection on some very super-sensitive technologies to make sure that they don't get in the hands of those who want to do America ... harm, especially terrorist organizations," he said."Some of it can be implemented almost immediately while some can be done in a matter of months once there is agreement within the administration on the review," Locke said in response to Xinhua's question on when the new export control system will be in operation.

BEIJING, April 19 (Xinhua) -- Senior Communist Party of China leader Jia Qinglin Monday met a visiting Taiwan delegation, who had attended a ceremony last week in honor of Huangdi, the Yellow Emperor, on the Chinese mainland.Huangdi, a legendary hero who lived 4,000 years ago, is considered to be the common ancestor of all Chinese people.The ceremony was held on April 16, the third day of the third month on the Chinese lunar calendar, which is considered the birthday of Huangdi, at mausoleums in Xinzheng, central Henan Province, Huangdi's birth place.Jia, a Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, told the delegation that people on both sides of the Taiwan Strait were all Chinese and attending the ceremony showed they still loved the nation.Unification was always the trend of history, which could not be reversed by any force, said Jia, also chairman of the National Committee of the Chinese People's Political Consultative Conference, or the top political advisory body.He said people's concerted efforts on both sides had brought the situation across the Strait out of crisis, and achieved major breakthroughs in cross-Strait relations on the common ground that opposes "Taiwan independence" and adheres to the "1992 Consensus."Jia especially praised efforts of teachers and students of the Huangpu (Whampoa) Military Academy in fighting imperialist, warlords and Japanese invaders before the founding of New China, saying the school, which was established in 1924 and famous for its officer graduates, "greatly contributed to national unification and independence."He said the school's spirit should be continued to strengthen national identity across the Strait, promote exchanges, deepen political mutual trust and curb "Taiwan independence."

UNITED NATIONS, May 4 (Xinhua) -- China on Tuesday spoke highly of the Nuclear Non-Proliferation Treaty (NPT) in promoting non- proliferation, disarmament and peaceful use of nuclear energy.Li Baodong, the head of the Chinese to the 2010 NPT Review Conference, made the statement as he was speaking at the review conference, which entered its second day here Tuesday."Over the last four decades, as the cornerstone of the international non-proliferation regime, the Treaty on the Non- proliferation of Nuclear Weapons (NPT) has played a major and irreplaceable role in preventing nuclear proliferation, advancing nuclear disarmament and promoting peaceful uses of nuclear energy, " said, Li, who is also the Chinese permanent representative to the United Nations."Under new circumstances, to further enhance the universality, authority and effectiveness of the NPT is conducive to safeguarding and promoting international and regional peace and stability, which serves the common interests of all countries," he said."This Review Conference is held at an important historical moment," he said. "The goal of complete prohibition and thorough destruction of nuclear weapons for the establishment of a world free of nuclear weapons is getting widely recognized, and the consensus for non-proliferation is building up in the international community. A growing number of countries have chosen to use nuclear energy for the development of renewable and clean energy.""The success of the Review Conference bears greatly on the prospect of the international nuclear non-proliferation regime and the future of the international nuclear disarmament process," he sad. "It also bears on the sustainable development of nuclear energy and of the economy, and on international peace and security. It is the shared responsibility of all states parties and the international community to make this Conference a success. "The first decade of the 21st century has witnessed complex and profound changes in the international security situation, he said."The pursuit of peace, development and cooperation has become the strong mainstream of our times," he said. "At the same time, mankind is also facing new security challenges. Traditional and non-traditional security threats are intertwined, regional conflicts and hotspot issues keep emerging, and threats of terrorism and proliferation of weapons of mass destruction cannot be neglected.""New security situation requires a new security concept and a broader perspective," he said. "The security of all countries has never been as closely interconnected as it is today. Security is not a zero-sum game, and there is no isolated or absolute security."No country or group of countries can address all security issues on its own," he said. "And only when security for all is achieved can peace and security for individual countries be safeguarded."

来源：资阳报