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BEIJING, July 23 (Xinhua) -- Chinese President Hu Jintao vowed to stick to the proactive fiscal policy and moderately easy monetary policy in the second half year to sustain stable and relatively fast economic growth. Hu, who is also general secretary of the Central Committee of the Communist Party of China (CPC), made the remarks at a conference with leaders of the country's leading non-Communist Parties on Thursday in Beijing. Chinese Premier Wen Jiabao and other senior leaders including top political advisor Jia Qinglin, Vice President Xi Jinping and Vice Premier Li Keqiang, attended the meeting. Hu said the Chinese economy is generally improving because of the stimulus packages the Chinese government rolled out to weather the global economic downturn, but caution against risks should be strengthened. The macroeconomic policies should be maintained to consolidate the current recovery to achieve the goal of eight-percent economic growth for this year, Hu said. China's annual economic growth quickened to 7.9 percent in the second quarter of this year, mainly boosted by a 33.5 percent surge in fixed-asset investment driven by powerful fiscal and monetary stimulus. The figure was compared with the 6.1 percent economic growth in the first quarter and 6.8 percent in the fourth quarter of last year. Hu called for thorough implementation of stimulus measures to expand domestic demand. The government tried to boost domestic demand to offset falling exports because of a slump of global demand. The measures included programs of rural home appliance subsidy and home appliance replacement and purchase tax cuts on autos. Economic restructuring and innovation should be enhanced to ensure economic recovery, Hu said. In rural development, Hu called for efforts to boost grain production and increase farmers' income through various channels. More investment should go to ethnic, border and poor regions, Hu added.
CHANGCHUN, July 27 (Xinhua) -- Chinese Premier Wen Jiabao at the weekend reiterated that the government would stick to its proactive fiscal policy and moderately easy monetary policy for sustained growth. Wen made the remark during a visit in northeast China's Jilin Province, echoing a similar comment by President Hu Jintao at a conference with non-Party members on Thursday. "To achieve a stable and a steady growth remains the top priority of the country," said Wen. Chinese Premier Wen Jiabao (L, Front) talks with local citizens at a street in Jilin, a city in northeast China's Jilin Province, July 26, 2009. Wen made an inspection tour in Jilin Province from July 25 to 27. He urged the implementation and improvement of the government's plans to stimulate the economy, including the 4-trillion-yuan stimulus package announced in November last year. Boosted by a surge in investment driven by the stimulus, China's annual economic growth quickened to 7.9 percent in the second quarter, up from 6.1 percent in the first quarter and 6.8 percent in the fourth quarter of last year. Wen also stressed the need to accelerate economic restructuring and promote scientific innovation to encourage vitality in the economy. The premier said grain security was a primary task, after he talked to farmers and visited their homes in Renjia Village of Jiutai City in Jilin Province, which is one of the country's grain production bases.

TEL AVIV, Israel, Sept. 24 (Xinhua) -- Israeli President Shimon Peres Thursday lauded the great achievements made by China over the past 60 years when attending a reception held by Chinese Embassy in Israel to celebrate the 60th anniversary of the founding of the People's Republic of China. At the reception held at the residence of Chinese Ambassador to Israel Zhao Jun, Peres stressed that China currently plays an important role in the world. He said that due to the great achievements made by China over the past 60 years, Chinese people are now becoming more affluent and confident, noting that "Israel loves China." Highlighted the important role China is playing in the world, Peres said that "a peaceful China is a peaceful world." Before Peres' speech, Zhao said that the reception was also held to celebrate the 17th anniversary of the establishment of diplomatic relations between China and Israel. China has made remarkable achievements over the years, said the Chinese ambassador, adding that despite the progress, China remains a developing country and will continue its development. He added that the relationship between China and Israel is continuing to develop in many fields, while China is now Israel's biggest trading partner in Asia. Zhao also mentioned the "Experience China in Israel" event, which will be held in October in Israel in a bid to show the development of China in many domains: education, economy, technology and especially the Chinese contemporary culture.
HONG KONG, Sept. 8 (Xinhua) -- The Commercial Aircraft Corporation of China displayed a scale model of its jetliner C919,the country's first home-grown large commercial airliner, for the first time at the Asian Aerospace '09 on Tuesday. With a scale of one to ten, the model was so far "the most precise one put up for public display," said Guo Bozhi, president of the Shanghai Aircraft Design and Research Institute, a unit of the Commercial Aircraft Corporation of China, or COMAC. The mockup was displayed at a prominent position at the Asian Aerospace, Asia's leading air show, side by side with industry giants like Boeing and Airbus. Together with some ten other Chinese mainland-based manufacturers, suppliers and service providers at the show, it attracted attention of media from around the world. A mockup of jumbo jet C919, the major project of the Commercial Aircraft Corporation of China (COMAC), is displayed at the Asian Aerospace '09 in Hong Kong, China, Sept. 8, 2009. COMAC is a company established in 2008 with the State Council approval to develop C919, the first home-made jumbo jet of China. It is expected to enter service in 2016 "It's the first time that China has put a face in front of the global aviation industry," said Richard Thiele, global head of sales for Reed Exhibitions, organizer of the show. COMAC has currently sent out requests for proposal, or RPFs, to over 100 potential suppliers, both domestic and international, and signed memorandums of understanding with nine domestic airframe suppliers. The company has been in touch with engine suppliers including General Electric, Rolls Royce and Pratt&Whitney, Guo said. A mockup of jumbo jet C919, the major project of the Commercial Aircraft Corporation of China (COMAC), is displayed at the Asian Aerospace '09 in Hong Kong, China, Sept. 8, 2009The Shanghai-based company has been using standard bidding process in line with international practices for the systems and equipment it needed for the C919 project, said Wang Wenbin, assistant general manager of COMAC. COMAC was set up with state approval in 2008 to develop China's first home-grown jumbo jet. It has a registered capital of 19 billion yuan (2.78 billion U.S. dollars), with the State-owned Assets Supervision and Administration Commission as the biggest shareholder. The company has said the maiden flight of C919 was planned for late 2014, with delivery expected by 2016. It was intended as a single-aisle airliner to target the short and medium haul markets in eight to ten years from now, Wang said. If successful, COMAC plans to produce 50 C919 aircraft each year at the early stage and annual production could reach 100 or even more at a later stage, depending on how it is received by the market, Guo said. A mockup of jumbo jet C919, the major project of the Commercial Aircraft Corporation of China (COMAC), is displayed at the Asian Aerospace '09 in Hong Kong, China, Sept. 8, 2009. C919 has a standard range of 4,075 kilometers, and the extended range can reach a maximum of 5,555 kilometers. It has a designed capacity of 168 seats for the full economy class version and 156 seats for mixed class version. Wang said China has been behind leading industry players in commercial airliner development and is aspiring to have its own home-made large commercial airliner. COMAC plans to develop the C919 under the cooperation model involving suppliers and main manufacturers, and international partnership are welcome, he said.
HAIKOU, Oct. 12 (Xinhua) -- Rescuers have recovered the bodies of three victims in a boat capsizing incident after tropical storm Parma landed in south China's Hainan Province Monday. Strong winds and waves triggered by Parma caused a fishing boat to capsize and sink off the coast of Wanning City Monday morning, and all nine fishermen aboard the vessel fell into water, a spokesman with the Hainan Provincial Emergency Response Office said. By 5 p.m., one body had been retrieved and five people had been rescued. At about 8 p.m., the bodies of two more victims were found, according to the maritime bureau of Hainan. A rider falls to the ground in the heavy winds and rains in Qionghai City, south China's island Province of Hainan, Oct. 12, 2009Rescuers were still searching for one person that remained missing, the spokesman said. Parma made a landfall in Wanning's Longgun Township at 9:50 a.m. Monday, packing winds of up to 54 km per hour, according to the Hainan Provincial Observatory. The storm is moving northwestward at a speed of 15 km per hour. The tropical storm brought strong winds and rains to most parts of the province, and local authorities have warned residents against flash floods, landslides and other disasters. Price hikes of vegetable and seafood have been reported in markets in the provincial capital of Haikou, as suspension of navigation has led to commodity shortages. In addition to Hainan, Parma brought winds and rains to coastal areas of Guangdong, Fujian and Taiwan provinces. But the rains in parts of Guangdong have not eased a drought in the province, local authorities said. Branches levelled by heavy winds block the vehicles in Qionghai City, south China's island Province of Hainan, Oct. 12, 2009
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