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BOAO, Hainan, April 18 (Xinhua) -- China's economic stimulus package plan is already paying off, and positive changes have taken place in the economy, Chinese Premier Wen Jiabao said Saturday.     "The situation is better than expected," Wen said at the opening ceremony of the Boao Forum for Asia annual conference 2009.     The "swift" and "decisive" measures taken by China to deal with the crisis has proved essential for easing major problems in the economy, shoring up confidence and stabilizing expectations, said the premier.     The growth domestic production (GDP) of the world's third largest economy rose 6.1 percent in the first quarter, the slowest pace in a decade. Chinese Premier Wen Jiabao gives a keynote speech at the opening plenary of Boao Forum for Asia (BFA) Annual Conference 2009 in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. The BFA Annual Conference 2009 opened here on Saturday with the theme of “Asia: Managing Beyond Crisis”.     Premier Wen said the economy was "better than expected", citing pick-ups in investment, consumption and industrial output, as well as ample liquidity in the banking system.     He said the stimulus policies were primarily aimed at boosting domestic demand, and at the same time made full use of external demand, to make both of them drive economic growth.     "This will lead to the transformation towards a more balanced growth pattern of the Chinese economy," he said. Chinese Premier Wen Jiabao gives a keynote speech at the opening plenary of Boao Forum for Asia (BFA) Annual Conference 2009 in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Wen said the stimulus policy would give a big push to the shift from extensive economic growth driven by high consumption of material resources to intensive growth driven by scientific and technological advancement, improved quality of the workforce and institutional innovation.     He stressed the package plan aimed at addressing both symptoms and root causes and serving both current needs and long-term goals, and the economic restructuring had made encouraging progress.     The premier also reiterated the government was doing everything in its power to create jobs, especially for college graduates and rural migrant workers. He noted the urban employment rose as 2.68 million jobs were created in the urban areas in the first quarter.     The industrial output had gradually stabilized, and agriculture production was on the whole stable, he said.     "We should not, however, lose sight of the fact that the international financial crisis is still spreading, the basic trend of world economic recession is not reversed, problems in the financial system remained unsolved and the worsening of the real economy has been more serious than expected," he warned.     He said the crisis had presented China with great challenges in economic and social development including sharp decline in exports, greater difficulties in stabilizing agriculture production and increasing farmer's income, industry overcapacity, and slow recovery in industrial growth, and severe pressure of unemployment.

BEIJING, Feb. 12 (Xinhua) -- Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin held in-depth exchanges of views over the phone on Thursday on bilateral relations and issues of common concern.     Wen said the ongoing unprecedented financial crisis has inflicted a severe impact on the world's economic and political structure, and brought difficulties to the development of China and Russia.     As strategic partners for cooperation, China and Russia should enhance coordination and cooperation, which has important significance not only for the two countries but the world at large, Wen said.     He said China and Russia enjoy firm mutual trust and have huge potential for cooperation in such fields as the economy, trade, energy, science, and technology. Chinese Premier Wen Jiabao (L) meets with Russian Prime Minister Vladimir Putin in Moscow, capital of Russia, Oct. 28, 2008. Wen Jiabao and Putin held talks here Tuesday at the 13th regular meeting between Chinese and Russian prime ministers.    The two countries share broad consensus on many major issues including the overhaul of the international financial system, Wen said.     With firm belief and positive actions, we are sure to overcome the financial crisis, he said.     China is willing to take the opportunity of the 60th anniversary of the establishment of diplomatic relations to enhance high-level exchanges with Russia, actively promote cooperation on major projects, successfully hold cultural activities such as the Year of Russian Language in China and the Year of Chinese Language in Russia, and strengthen coordination and cooperation in international affairs in efforts to promote the China-Russia strategic partnership of cooperation to a higher level, Wen said.     Putin said Russia always attaches great importance to the China-Russia strategic partnership of cooperation.     In the current situation, Russia is willing to work with China to strengthen high-level exchanges and communication, and promote cooperation in areas such as the economy, trade and energy, Putin said.     He said Russia is willing to make joint efforts with China to ensure the success of celebrations for the 60th anniversary of diplomatic relations and the Years of the Chinese and Russian Languages to promote the further development of China-Russia relations.

BEIJING, March 27 (Xinhua) -- China's top political advisor Jia Qinglin Friday urged the Tibetan people to maintain stability and cherish prosperity achieved in the autonomous region ahead of Serfs Emancipation Day.     Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), made those remarks at a meeting held here to commemorate the event which falls on Saturday.     Jia appreciated the endeavors of people living in the Tibet Autonomous Region who have made great contributions to the social and economic development of the region. Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), speaks at the symposium marking the 50th anniversary of serfs emancipation in Tibet held in Beijing, capital of China, on March 27, 2009The establishment of Serfs Emancipations Day is to make all Chinese people remember the historical event 50 years ago in which Tibetan people abolished the feudal serfdom system, Jia said.     It will also remind Tibetan people of the nature of the ** Lama clique which has sought separation of the country, he said.     Tibet's development has proved that only the democratic reform under the leadership of Communist Party of China could save the region and make it more prosperous, the official stressed. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), shakes hands with the 11th Panchen Lama Gyaincain Norbu during the symposium marking the 50th anniversary of serfs emancipation in Tibet held in Beijing, capital of China, on March 27, 2009Jia urged the Tibetan people to fully understand President Hu Jintao's keynote speech on Tibet during the top legislature's annual session and implement the Party's religious policies in the region.     No matter what the ** Lama claims, it will not change the reality that Tibet was, is and will always be part of China, Jia said.     It will not change the great achievement made by the Tibetan people in the past five decades and Chinese people's strong will to maintain the nation's unity, Jia said.

BEIJING, Feb. 26 (Xinhua) -- Chinese authorities launched a website to handle public complaints regarding irregular practices during the selection and appointment of Party and government officials.     The public is encouraged to log on to the website (www.12380.gov.cn), launched by the Organization Department of the Communist Party of China (CPC) Central Committee, to report offences.     The site aims to improve public supervision and to ensure prompt detection and correction of offences involving official selection and appointment, the Organization Department said Thursday in a statement.     Complaints could be filed in anonymity, but real names were preferred, said the website. It requires informants to report problems truthfully and warns that fabrication and false charges could lead to legal punishment.     The website also said it mainly handles complaints about officials above the county level.     To prevent malicious or repetitious reporting and junk mail, informants can only submit a maximum of five complaints from one computer in a single day.     The Organization Department had already set up a report center for offences in official selection and appointment. In 2004, it opened an informant's hotline (12380).

BEIJING, April 5 (Xinhua) -- China has approved 43 corporate bonds in the first quarter, a sharp rise from the same period last year, in support of the massive construction plan involved in the 4 trillion yuan (584.8 billion U.S. dollars) stimulus package, according to the data released by the depository house for China's major bonds.     The 43 corporate bonds, of which five were issued by the central State-owned enterprises, totaled 66.73 billion yuan in value, according to the China Government Securities Depository Trust and Clearing Co., Ltd.     In contrast, only 11 such bonds were approved by the National Development and Reform Commission (NDRC), the approving agency, in the first half of last year.     Experts said more such bonds were allowed in a bid to echo the government's 4 trillion yuan stimulus package, which needed huge sums of money to power the massive infrastructure construction andother new projects.     Of the total 4 trillion yuan investment, 1.18 trillion yuan is supplied by the central government. The rest will be financed by local governments and the private capital.     Considering the huge demand by enterprises, NDRC would expand the corporate bond issuance scale to ensure economic growth, an NDRC official told Shanghai Securities News on Saturday.     He said NDRC was working overtime to access the piled-up applications. Money raised by the bond issuance should not be used to make risky investment including shares, futures and real estate, the official stressed.     Companies involved in the construction of infrastructure, sewage treatment, and energy saving would be given priority to issue debt, according to the official.     Based on the current momentum, the total corporate bond sales would likely to top 300 billion yuan this year, analyst with the China Securities Co., Ltd told the newspaper.     Although the bond sales was less than 70 billion yuan in the first quarter, but local governments and non-listed companies have shown great willingness to lend more. The bond sales is expected to peak in the latter of the year, said the analyst.     Chinese government has been cautious on corporate debt issuance as the country lacks comprehensive legal system for bond market.     Only 236.7 billion yuan of corporate bond were issued last year, compared with 812.5 billion yuan of treasury bond sales.

来源：资阳报