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BEIJING, May 5 (Xinhua) -- Senior Chinese leader Zhou Yongkang on Wednesday met with members of the eighth peacekeeping team to Haiti who have returned from the Caribbean country, hailing the team's fearless spirits and hard work during the Jan. 12 quake."In the face of the sudden earthquake, tough environments and dangerous missions, you finished all duties for peacekeeping and quake relief fearlessly and brilliantly," said Zhou, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, as he met with all 126 members of the team.He extended his respect to all Chinese peacekeeping police. Zhou Yongkang, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also the secretary of the CPC Central Political and Legislative Affairs Committee, meets with the crew of the 8th squad of Chinese peacekeeping riot police in Haiti, in Beijing, capital of China, May 5, 2010.Zhou said the team had won high praises from the United Nations and the government and people of Haiti."Meanwhile, we will never forget the eight peacekeeping heroes who died during the quake," he said.The Haiti government estimated the 7.0 magnitude earthquake killed more than 200,000 people, injured and permanently disabled many thousands and left 1.5 million people homeless.
BOAO, Hainan, April 9 (Xinhua) -- Singapore Senior Minister Goh Chok Tong said Friday that he expects China, and similarly for most part of Asia recovering from the economic downturn, to maintain good growth this year."The economic recovery has started. That's a good news for Asia," Goh, also former Prime Minister of Singapore, said in an exclusive interview with Xinhua in Boao, a coastal resort in south China's Hainan Province.Goh is here for the annual meeting of Boao Forum for Asia (BFA), a pan-Asian platform of dialogue for key issues affecting Asia and the world, which will officially open Saturday. He was elected a member of the BFA's board of directors Thursday."The worst is behind us," he said, adding that China's recovery has a solid foundation and is on a good growth path."We've paid attention to economic fundamentals. If the economic fundamentals are right, we can let the storm pass by," Goh said. "That's what Singapore and China did."He said some damages in the global financial crisis were not very severe, "so once the storm passes, we grow again."Singapore also saw a very good growth in the first quarter of this year and "the growth exceeded out expectation," he said.Goh emphasized the importance of free trade. As a member of the Association of Southeast Asian Nations (ASEAN), the Free Trade Agreement (FTA) between Singapore and China took effect this year."The free trade is important for all countries and global economic recovery," he said.Goh said the most important lesson drawn from the international financial crisis is that the government must have "good surveillance system over the financial industry" so as to make sure that banks do not take up too much risky investment, and to prevent investment from turning to bubbles in property and other sectors.He also said efforts should be made to ensure that China develops without causing too many problems in terms of climate change.Singapore has been cooperating with China to develop the Tianjin eco-city in north China for more than one year, which already attracted investors from Japan and Singapore."As China urbanizes, Singapore's experience of building a green city can be used in China for its urban solutions as the country grows," he said, adding the eco-city is a model meant to demonstrate that "economic growth can be consistent with green development."This year marks the 20th anniversary of the establishment of China-Singapore diplomatic ties."We've learned from each other. It's not one-way learning any more. We've learned from China as much as China has learned from Singapore," Goh said.
BEIJING, June 4 (Xinhua) -- China's National Development and Reform Commission (NDRC), the top economic planner, refuted a report on Friday claiming China is facing stagflation risks, arguing the national economic growth might slow slightly but stagflation is not going to occur.The NDRC response followed the release of a domestic report that claimed rising inflation and slowing economic growth would lead to stagflation in China.The NDRC added that the report was inaccurate and likely to cause misunderstandings and confusion, according to a statement released on its website.The statement went on to say growth in China's gross domestic product (GDP) was likely to slow down this year because of a higher comparison base used in the second half of last year, but it would still be one of the world's strongest growth rates and should not be labeled as "stagflation".Further, the NDRC noted that the consumer price index (CPI), a major gauge of China's inflation, was likely to exceed the government's 3-percent growth target in several months, but "there is a foundation to achieve the full-year CPI target of 3 percent" as long as China continued improving macro-regulations, it said.The NDRC statement noted that China would see "stable and comparatively fast economic growth" and "a moderate consumer price increase" this year.China's GDP rose 11.9 percent from a year earlier during the first quarter of this year. The CPI increased 2.4 percent year on year in March while the growth for April accelerated to 2.8 percent, according to the National Bureau of Statistics (NBS).The NBS is scheduled to release May economic data, including the CPI, fixed asset investment and retail sales, on June 11.
BEIJING, April 21 (Xinhua) -- Chinese Vice Premier Hui Liangyu said Wednesday significant progress had been made in relief work in Yushu region since it was hit by a strong earthquake a week ago."Rescuers have reached all affected villages, all the injured have been cured or are being treated, all the seriously injured have been transferred for treatment outside the quake zone, and all survivors have emergency shelters," Hui said at a meeting in Beijing.The State Council, or Cabinet, meeting on quake relief started Wednesday morning with a brief silence in respect for the dead, which numbered 2,183 by Wednesday afternoon.A medical worker of the Chinese public security frontier defense troop helps Zhaxi Deleg of the Tibetan ethnic group injured in the earthquake to bandage up his leg in Gyegu Town of Yushu County, northwest China's Qinghai Province, April 20, 2010. People felt reassured and the society was stable in Yushu, Hui said at the meeting.He instructed officials to start planning reconstruction while taking into full consideration the geological, climatic and demographic characteristics of the quake zone.At a similar meeting on Monday, Hui said the government would promptly draw up and implement reconstruction plans based on scientific assessment and good planning.The 7.1-magnitude earthquake in Yushu, Qinghai Province, also left 84 people missing, and 12,135 injured.
BEIJING, March 30 (Xinhua) -- Chinese auto maker Zhejiang Geely Holding Group is ready to inject 900 million U.S. dollars operating capital into Volvo on top of the 1.8 billion U.S. dollars purchase price, Geely chairman Li Shufu said Tuesday."We should not only inject money into Volvo, but also endeavor to improve Volvo's profit-making capability," Li said at a press conference to discuss the Volvo takeover.The Zhejiang-based Geely signed a deal with Ford Motor Co. Sunday in Sweden to acquire the U.S. auto giant's Volvo car unit.The photo taken on March 23, 2010 shows Volvo assembly plant in the suburbs of western Belgian city of Gent. China's Zhejiang Geely Holding Group signed a deal worth 1.8 billion U.S. dollars with Ford Motor Co. in Goteborg of Sweden on March 28, 2010 to acquire the U.S. auto giant's Volvo car unit"Geely is Geely, while Volvo is Volvo. Geely will not produce Volvo, and Volvo will not produce Geely," said Li, also the founder of the firm, adding that Volvo would keep its unique characteristics after the takeover.Li said Volvo's biggest problem was its small production scale and high research and development expenses, adding Volvo should try to increase production and sales to cut costs.