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HONG KONG, May 18 (Xinhua) -- China will definitely be able to meet the target of achieving eight percent economic growth in 2009, a senior official of the country's top economic planning body said here Monday.     "Judging from the indicators of the first four months, I do believe it is highly possible to achieve an eight percent growth for the full year. In fact, I believe the target will definitely be met," said Xulin, head of the Department of Fiscal and Financial Affairs of the National Development and Reform Commission.     Speaking at a briefing in Hong Kong, Xu said the basic assessment was that there has been consolidation in the recovery momentum and that the minor slowdown in April, normal as it has been when considering the past experiences, did not necessarily signal a second bottom in the ongoing economic downturn.     Economic planners have been monitoring the economy closely and are prepared to put in place additional measures in the coming months if it is necessary, Xu said.     Post-earthquake reconstruction in Sichuan province was being carried out quicker than previously planned. Small and medium enterprises were receiving financing aid from guarantee programs, Xu told local as well as foreign reporters.     The National Development and Reform Commission will approve 600 billion yuan (88 billion U.S. dollars) of corporate bonds this year as the IPO market remained cool, compared with 236 billion (35 billion U.S. dollars) for 2008, Xu said.     The debt of the Chinese government was about 20 percent of gross domestic product, compared with over 190 percent for Japan, close to 100 percent for the United States and 60 percent on average for the European economies.     The Chinese government has planned a budget deficit of 950 billion yuan (139 billion U.S. dollars) for 2009, which represented about 2.8 percent of gross domestic product.     Xu said the ample resources could sustain heavy government investment to stimulate the economy for several years although "it was not necessary. "The Chinese government will spend more resources to develop public housing programs and a pension system and to push forward the health reform, so as to increase the contribution of domestic consumption to economic growth," Xu said.     "I don't think export can still play the roles as they did in past few years in driving the Chinese economy," Xu said, adding that China, as a responsible player, would like to see a moderately stable yuan.

SHARM EL-SHEIKH, July 16 (Xinhua) -- Chinese Vice Foreign Minister He Yafei, head of the Chinese delegation to the 15th Non-Aligned Movement (NAM) summit held in Egypt, said on Thursday China will continue to support NAM as always.     "As one of the developing countries, China will continue to support NAM as always for it to play a role in international affairs and speak in one voice on issues related to the common interests of developing countries," said He.     "This is the chief purpose of my presence at the summit on behalf of the Chinese government," he said in an exclusive interview with Xinhua on the sidelines of the summit.     He said that though great changes in internal and external circumstances have taken place since its birth nearly half a century ago, NAM is still an important platform for developing countries to unite and strive to become stronger, with its tenet and spirit still showing great vitality.     China, now an observer to NAM, has attached great importance to its ties with NAM and maintained good cooperation with the movement in international affairs.     When NAM was formally established in 1961, then Chinese PremierZhou Enlai and other Chinese leaders sent congratulation messages to the founding conference, expressing support for the NAM's cause of independence, peace and development and its non-alignment policy.     China became an observer to NAM in September 1992, when a Chinese governmental delegation, headed by then State Councilor and Foreign Minister Qian Qichen, attended the 10th NAM summit in the Indonesian capital of Jakarta. Since then, China has been a participant at every top NAM meeting.     At the 15th summit which wrapped up on Thursday in the Egyptian Red Sea resort of Sharm el-Sheikh, the Chinese vice foreign minister reiterated China's policy in strengthening cooperation with NAM to safeguard world peace, stability and development, particularly in jointly addressing the global financial crisis.     He told Xinhua that he has stressed in his speech at the summit that though the developing countries were not the maker of the global financial crisis, they are the most unfortunate victim. "This is unreasonable and unfair," he said.     He said besides the economic crisis and financial crisis on the tongues of men all over the world, the world is actually facing an unprecedented development crisis.     "Therefore, China has always urged the international community to attach great importance to the development issue when dealing with the financial crisis," the Chinese vice foreign minister said.     He said the world should increase input in development and work towards the realization of the UN Millennium Development Goals, as well as paying attention to major global issues, such as energy and food.     "If we don't do so, we will pay a higher price for our shortsightedness," He noted.     He said that at the upcoming G20 summit in Pittsburgh and the 64th session of UN General Assembly, both slated for September, China will continue to push the international community to give prominent importance to the development issue.     Chinese President Hu Jintao and Premier Wen Jiabao have repeatedly pledged that China would earnestly fulfill its aid commitments to other developing nations, despite the severe difficulties it is facing due to the financial crisis, He said.     "We will continue to work together with other developing nations to strengthen unity and cooperation, weather through hardships and strive to build a harmonious world featuring lasting peace and common prosperity," He said.     During the 15th summit, NAM member states reached consensus on promoting solidarity and ratified documents on jointly addressing international and regional issues.     Founded in September 1961, NAM devotes itself to striving for the interests of developing countries all over the world. The movement now groups 118 member states, 17 observer countries and 10 observer organizations, comprising nearly two-thirds of UN member states and 55 percent of the world population.

BEIJING, May 5 --  The economy is likely to expand 7 percent in the second quarter - up from the first quarter's 6.1 percent - even as it confronts the painful prospect of shedding industrial overcapacity, a top government think tank said Monday.    "Economic growth will pick up in the second quarter as the government's stimulus measures gradually take effect," the State Information Center (SIC) forecast.     "There has been preliminary success in arresting the economy's downward trend," it said, but did not mention any fallout from the global H1N1 flu alert.     But Zhu Baoliang, an SIC economist and one of the authors of the SIC report, said the economy will only be slightly affected by the H1N1 flu.     Annualized GDP growth sank to a decade's low in the first quarter, largely because of a collapse in export demand.     But analysts said the economy might have bottomed out since then as latest economic figures are increasingly upbeat.     The CLSA China Purchasing Managers Index (PMI), a gauge of manufacturing activity, rose to 50.1 in April, the first time it has been above 50 since last August, CLSA Asia-Pacific Markets said yesterday. A PMI reading above 50 indicates an expansion of the manufacturing sector, while a reading below 50 signals a contraction.     Also, the PMI index compiled by the Federation of Logistics and Purchasing rose for the fifth straight month in April to 53.5 percent, up 1.1 percentage points from a month earlier.     The positive economic signs sent stock markets up across Asia, with the mainland's Shanghai Composite Index rising 3.3 percent and Hong Kong's Hang Seng index 5.5 percent.     "The Chinese government has been extremely successful in stimulating investment," said Eric Fishwick, CLSA head of economic research. "We hope that firmer domestic demand, as government spending gains traction, will keep the PMI above 50 in the months to come."     The World Bank said in a report in early April that the Chinese economy is expected to bottom out by the middle of 2009. It also forecast China's economic growth at 6.5 percent for the year.     The International Monetary Fund also forecast last month that growth in China is expected to slow to about 6.5 percent this year.     Consumer spending held fast over the past months, despite looming unemployment pressure. About 2.68 million vehicles were sold in the first quarter, making the nation the world's largest auto market during the period.     Housing sales surged 23.1 percent by value while retail sales rose 15.9 percent in the first quarter, 3.6 percentage points higher than the same period a year earlier.     "Based on the clear uptrend in recent economic activity we believe the worst is already behind China in terms of economic growth," Sun Mingchun, chief China economist of Nomura International, wrote in a research note. Sun said China would achieve its 8 percent growth target this year, with a V-shaped growth trajectory.     But some analysts argue that the figures could be volatile and the economy has to deal with the structural problem of overcapacity.     "It's still too early to say the economy is experiencing a real recovery," said Zhu, the SIC economist. "Over the past months, local enterprises have been running down their inventories. Now they have to reduce overcapacity."

BEIJING, April 24 (Xinhua) -- Senior Chinese official Jia Qinglin called on Friday Chinese anti-independence organizations to continue their unique role and make new contributions to the promotion of national peaceful reunification.     Jia made the comments in a meeting attended by representatives of overseas Chinese anti-independence organizations here.     Jia, head of the China Council for the Promotion of Peaceful National Reunification, said that anti-independence organizations had played an important role in creating favorable conditions for the peaceful development of relations between the two sides of the Taiwan Straits. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference and director of the China Council for the Promotion of Peaceful National Reunification (CCPPR), meets with directors of CCPPR's overseas branches in Beijing, capital of China, April 24, 2009    Jia, who is also chairman of the National Committee of the Chinese People's Political Consultative Conference, noted that last year, anti-independence organizations actively promoted exchanges and communications between the Chinese mainland and Taiwan and had firmly opposed separatist activities supporting "Taiwan independence" and "Tibet independence." They had also united overseas Chinese and compatriots from Hong Kong and Macao and especially those from Taiwan, he said.     In promoting the peaceful development of cross-Straits relations, the global alliance of anti-independence organizations shouldered important responsibilities and would continue to play their unique and important role, according to Jia, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee.     He urged anti-independence organizations to oppose separatist activities in any form. He warned anti-independence groups to be vigilant against and firmly oppose separatist attempts by the ** Lama and his followers, and asked anti-independence organizations to boycott the infiltration of "Tibet-independence" forces.     He also extended a message to those who had proposed "Taiwan independence" or had participated in or followed "Taiwan independence" forces, saying they were most welcome to return to the track of promoting the peaceful development of cross-Straits relations.

ROME, July 5 (Xinhua) -- Chinese President Hu Jintao arrived here Sunday for a state visit, and he will attend the outreach session of the Group of Eight (G8) summit scheduled for Thursday in the central Italian city of L'aquila.     In a statement released upon his arrival at the Fiumicino Airport in Rome, Hu said he is very glad to come to this beautiful country for a state visit at the invitation of Italian President Giorgio Napolitano. Chinese President Hu Jintao (C) is welcomed by an Italian official upon his arrival at Rome, Italy, July 5, 2009. Hu started a state visit to Italy on Sunday. Hu will also attend the outreach session of the Group of Eight (G8) summit scheduled for July 9th in the central Italian city of L'Aquila."I believe that under joint effort of both sides, this visit will be a total success and help advance the all-round strategic partnership between China and Italy to a new stage," Hu said in the statement.     Noting both China and Italy are countries with a long history of civilization, Hu said the two peoples enjoy a long-standing friendship.     "China places great importance on expanding relations with Italy," Hu said, adding China is ready to join effort with Italy to bring in an even brighter future of bilateral relations. Chinese President Hu Jintao is greeted by a girl upon his arrival at Rome, Italy, July 5, 2009. Hu started a state visit to Italy on Sunday. Hu will also attend the outreach session of the Group of Eight (G8) summit scheduled for July 9th in the central Italian city of L'Aquila.In Rome, President Hu will meet President Napolitano, Prime Minister Silvio Berlusconi and other Italian leaders to discuss the development of bilateral cooperation.     In recent years, the all-round strategic partnership between China and Italy has witnessed continuous development as political mutual trust has become deeper and deeper, and cooperation and exchanges in various fields have expanded rapidly. Chinese President Hu Jintao (L, front) waves upon his arrival at Rome, Italy, July 5, 2009. Hu started a state visit to Italy on Sunday. Hu will also attend the outreach session of the Group of Eight (G8) summit scheduled for July 9th in the central Italian city of L'AquilaThe two countries have maintained close coordination on world affairs and expanded people-to-people exchanges and cultural cooperation.     China is now Italy's important trading partner with the two-way trade totaling 38.2 billion U.S. dollars in 2008 despite the slowdown of the global economy.     The two countries have also expanded cooperation in the sectors of economy, culture, science and environmental protection in recent years.     In L'aquila, the Chinese president will attend the outreach session of the G8 summit and other meetings.     According to Italy, the host of the 35th G8 summit, leaders from the G8 and major developing countries will hold talks from Wednesday to Friday on the world economy, the financial crisis, climate change, food security, trade and development.     President Hu will attend a group meeting Wednesday with leaders from India, Brazil, South Africa and Mexico. They are expected to exchange views on the issues of common concern.     At the outreach session of the G8 summit Thursday, leaders of the G8 nations, China, India, Brazil, South Africa and Mexico, and Egypt, a special guest of the Italian president, will discuss a number of pressing issues, such as the world economy, the financial crisis, and international trade.     This is the sixth time that the Chinese president has attended the G8 outreach session. The previous one took place in the northern Japanese resort of Toyako last July.     The G8, an informal forum of leading industrialized nations, groups Germany, France, Britain, Italy, Japan, the United States, Canada and Russia.     President Hu will also attend the Major Economies Forum (MEF) on energy security and climate change Thursday.     Italian Prime Minister Berlusconi described the forum in L'aquila as a "crucial step in the preparatory work paving the way for the UN conference in Copenhagen this December."     On Friday, President Hu will join discussions with leaders of the G8, Brazil, India, South Africa, Mexico and a group of African nations on aid, food security and progress toward the Millennium Development Goals.     China expects the outreach session will give "a strong signal for further cooperation on tackling the financial crisis on the basis of the G20 summits," said Chinese Vice Foreign Minister He Yafei at a press briefing last week.     "We expect the meeting will help to raise concern on the impact of the global downturn on development issues and food security, especially in African countries," He said.     On the sidelines of the G8 outreach session, President Hu is expected to meet some leaders participating in the event, including U.S. President Barack Obama, to discuss bilateral ties and the international issues of common concern.     Hu and Obama met for the first time on April 1 to discuss bilateral ties, the ongoing global financial storm and other major issues of common concern when they were attending a Group of 20 summit on the financial crisis in London.     The G8 has strengthened links and dialogue with developing countries in recent years. Such a trend has helped advance the South-North dialogue and cooperation, push forward the development of multilateralism, and promote the resolution of global issues.     Italian Prime Minister Berlusconi decided to move the venue of G8 summit from the island of Sardinia to L'aquila, where an earthquake on April 6 killed 295 people and left over 60,000 people homeless.     The Italian government hopes the shift of the summit venue could attract more attention to the plight of the victims in L'aquila and help the devastated city's reconstruction.     Since the end of last year, President Hu has attended a series of major international conferences on the financial crisis and other major issues.     He participated in the annual summit of the Shanghai Cooperation Organization (SCO) and the first meeting of BRIC (Brazil, Russia, India and China) leaders in Russia's Ural city of Yekaterinburg in June.     He was present at the G20 financial summit in London in the beginning of April.     The Chinese president and other leaders from the G20 members also gathered in Washington for a summit on the financial crisis on Nov. 15 last year.     Days later, Hu flew after a Cuba visit to Peru to attend the Economic Leaders' Meeting of the Asia-Pacific Cooperation Organization (APEC) on regional economic issues and the financial crisis.     Other Chinese leaders including Premier Wen Jiabao have also participated in several international conferences to seek joint actions with other countries to deal with the crisis.     Premier Wen stressed confidence, cooperation and responsibility as a key to overcoming the financial storm at the World Economic Forum's annual meeting in the Swiss skiing resort of Davos in January.

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