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BEIJING, July 23 (Xinhua) -- The Chinese government has made clear Thursday that it will continue its proactive fiscal policy in the second half of this year to maintain its economic growth as government leaders reiterated the stance, for there are still uncertainties ahead.     Finance Minister Xie Xuren told local financial bureaus at a conference in Beijing on Thursday that the proactive policies, which included increased investment from the government, tax cuts and subsidies to low- income families, had taken effect in stimulating the recovery of the national economy.     The Chinese economy expanded 7.9 percent from a year ago in the second quarter of this year, driven by a surge of fixed-asset investment backed by government fiscal policies. Finance Minister Xie Xuren was seen in this file photo taken on March 6, 2008    The economic growth rate accelerated from the 6.1 percent in the first quarter of this year and the 6.8 percent in the fourth quarter of last year.     To weather the global economic recession, the Chinese government unveiled a four-trillion-yuan stimulus package in November to revive the world's third largest economy, which was slowed by tumbling exports. The central government promised a 1.18trillion yuan investment.     By the end of June, 591.5 billion yuan (86.6 billion U.S. dollars) out of the total investment from the central government had been allocated, which boosted a 33.5 percent jump of fixed-asset investment in the first half of this year. It was the highest level in the last five years.     The ministry's decision came as Chinese leaders vowed to continue the current policies.     Chinese President Hu Jintao said Thursday that China should adhere to its proactive fiscal policy and moderately easy monetary policy to ensure a stable economic growth as the recovery is not yet solid.     Premier Wen Jiabao has reiterated that the economy is in a crucial phase and rebounding. He pledged to maintain the current macroeconomic policies and fully implement its four-trillion yuan stimulus package.     Xie said the government will implement the fiscal policy "at full swing" in the second half of this year and speed up allocation of investment from government, which, Xie hoped, would stimulate private investment.     Yang Zhiyong, researcher of the Institute of Finance and Trade Economics at the Chinese Academy of Social Sciences, a government think tank, said that currently the proactive fiscal policy had a limited impact on pushing up private investment. It is hard for private investment to enter monopolistic sectors, he added.     Li Yining, an economist from the Peking University, said consumption should be spurred to fuel the growth momentum in the future as the current economic recovery was advanced mainly by investment. He suggested the proactive policy be further carried out to stimulate consumption and private investment in the following period.     Xie said in the second half the ministry will continue its policy of tax cuts to increase investment from enterprises and consumption.     The ministry also pledged to increase spending on people's livelihood. Investment in agriculture, social security, medical care, education, science and environmental protection climbed 33.9percent from a year earlier to 1.48 trillion yuan, according the ministry.     Analysts said the macroeconomic polices should also aim to adjust economic structure for the long term and to create new growth points.     Jia Kang, president of the Institute of Fiscal Science, Ministry of Finance, said the government resolves to step up adjustment of economic structure as the economy is back on track for recovery.     Xie said the fiscal policy in the second will support innovation and energy conservation and emission reduction to sustain the economic growth.     On July 21, the ministry started a pilot program to subsidize 50 percent of investment for solar power projects, a move to boost the solar industry as a new growth point for the country's economy.     Xie also urged to strengthen supervision over fiscal management and improve information transparency in the second half as fiscal expenditure in the second half faced great pressure. Wen Jiabao also described the country's fiscal situation as "severe."     The ministry said the country's fiscal revenue in the first six months fell 2.4 percent from a year ago to about 3.4 trillion yuan, while its fiscal expenditure rose 26.3 percent to 2.89 trillion yuan. 

BEIJING, Sept. 28 (Xinhua) -- China's Ministry of Commerce (MOC) issued a statement late Monday saying it would approve U.S. automaker General Motors Co.'s (GM) plan to buy part of parts supplier Delphi Corp, but set conditions on the deal to avoid restricting competition.     The approval came after an anti-monopoly probe by the MOC into the deal last week and negotiations with the two companies over the deal conditions, aimed to avoid exclusion or restriction of competition, according to the statement.     The conditions include a ban on GM and Delphi exchanging trade secrets on Delphi's other Chinese customers, to prevent GM from getting confidential and competitive information.     Delphi should also maintain the timeliness and quality of supplies indiscriminately to the other domestic automakers, at market prices.     The ministry said it had discussed with the two companies its concerns on competition, and GM and Delphi had come up with solutions.     According to a Dow Jones report Monday night, authorities in the U.S. and E.U. had earlier given their approval for the deal, after Delphi, GM's former parts division, received approval from a U.S. court to sell assets to its lender and GM.     The report said this would clear the way for the auto-parts supplier, which operates 17 wholly-owned entities and joint ventures in China and 21 manufacturing sites, to end its four-year stay in bankruptcy.     Under China's anti-monopoly law, mergers and acquisitions that could impact the domestic market must undergo an anti-monopoly review.

LAS VEGAS, the United States, Aug. 10 (Xinhua) -- A record number of Chinese businesses and manufacturers are participating in the annual exhibition of Chinese products in the United States, in a way to show their confidence in the U.S. market and American consumers, a senior Chinese official said here on Monday.     Inaugurating the "China Brand Show 2009" in the Las Vegas International Convention Center, Vice Minister of Commerce Zhong Shan said the Chinese government pays much attention to the difficulties its economy is facing amid the global financial crisis.     "Ever since November last year, the Chinese foreign trade has been going down for a consecutive nine months, which complies with the world trade situation in general," said the official.     Stressing that both China and the United States are each other's essential trading partner, Zhong said that the two countries had committed to open more to trade and investment and fight protectionism at the recent China-U.S. Strategic and Economic Dialogue, held in Washington, D.C. in July.     On China's domestic efforts to tackle the global economic recession, Zhong said the government has rolled out a huge economic stimulus package, and China's stabilizing and promising economic trend has contributed to the global confidence in an early economic recovery.     "China's GDP enjoyed a 7.1-percent growth in the first half of 2009, bringing the economic slump starting from the fourth quarter last year to an end," said the vice minister.     According to organizers of the annual show, more than 200 enterprises from China are participating this year, to showcase their products during the three-day event that ends on Wednesday.     The show also serves as a promotion event for the 106th China Import and Exports Fair, to be held in Guangzhou from Oct. 12 to Nov. 4 this year, officials said.     The China Import and Export Fair, the country's number one trade fair, has become a platform for enterprises from different countries to do business and one of the key channels for foreign companies to enter the Chinese market.

BERLIN, Oct. 12 (Xinhua) -- Chinese Vice President Xi Jinping held talks here on Monday with German Chancellor Angela Merkel, putting forward a five-point proposal on boosting bilateral relations between the two countries. Xi extended congratulations on the victory of Merkels' party, the Christian Democrats (CDU/CSU), in late September's general election.     The vice president said Sunday marked the 37th anniversary of the establishment of diplomatic relations between the two countries, and the bilateral ties have seen outstanding progress over the past 37 years. Chinese Vice President Xi Jinping (L) shakes hands with German Chancellor Angela Merkel in Berlin, capital of Germany, Oct. 12, 2009.    Currently, the relationship between China and Germany is facing new opportunities for development, Xi said. Chinese Vice President Xi Jinping (L) meets with German Chancellor Angela Merkel in Berlin, capital of Germany, Oct. 12, 2009Xi tabled a five-point proposal on boosting the sustained, steady and healthy development of the Chinese-German relationship:     -- Maintain close contacts and deepen mutual political trust. Xi urged the two sides to enhance communication and cooperation through various channels and to further increase mutual understanding and political trust in line with the principle of respecting and accommodating each other's core interests.     -- Deepen bilateral trade and economic cooperation, and jointly tackle the international financial crisis. Xi said two Chinese trade and investment delegations have made their way to Germany, and that he hoped the German side would also take substantial measures to support and boost bilateral trade and investment, especially in the cooperation of high-tech areas. Chinese Vice President Xi Jinping (front R) meets with German Chancellor Angela Merkel (front L) in Berlin, capital of Germany, Oct. 12, 2009-- Enhance cooperation on climate change, new energy and environment protection.     -- Strengthen exchanges and cooperation in areas including culture, education, press and tourism so that the Chinese-German friendship could be more deeply rooted among the people of the two countries. Xi said the Chinese side, as the Guest of Honor for the Frankfurt Book Fair, is ready to stage various events to better introduce the Chinese culture to the German people.     -- Enhance international cooperation to promote world peace and development. The Chinese government supports Germany to play a bigger role in international organizations like the UN, he said. China is also willing to keep communication and coordination with the German side on major international issues like reform of the international financial system, climate change, food and energy security, so as to jointly contribute to world peace and development, he added.     Merkel, who hosted a grand welcoming ceremony in honor of Xi, agreed to Xi's five-point proposal.     She said the newly-elected German government will continue to give priority to the Germany-China relations and is willing to work with China to enhance bilateral cooperation.     Merkel extended congratulations on the 60th anniversary of the founding of the People's Republic of China, and hailed China's economic achievements and the stimulus package adopted to boost domestic demands since last year.     Merkel noted that these measures have positive contributions to the recovery of the global economy. Chinese Vice President Xi Jinping (L) presents two books written by former Chinese leader Jiang Zemin to German Chancellor Angela Merkel at the start of their meeting in the Chancellery in Berlin, capital of Germany, Oct. 12, 2009Prior to the meeting, Xi presented to Merkel with two English-version books on energy and information technology written by former Chinese President Jiang Zemin.     Xi arrived in Germany on Saturday morning for the second leg of his five-nation Europe tour.     Later on Tuesday, Xi will attend the opening ceremony of the Frankfurt Book Fair.

BEIJING, Sept. 29 (Xinhua) -- Senior Chinese leader Li Changchun Tuesday asked the People's Publishing House, China's oldest publisher of books on the Party and politics, to actively use new media to expand its influence.     Li, a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, said during a visit to the publishing house that it should invigorate its development. Li Changchun (2nd R, front), a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, shakes hands with an old worker during his visit to the People's Publishing House, China's oldest publisher of books on the Party and politics, in Beijing, capital of China, Sept. 29, 2009.Acknowledging the company's achievements, Li said it should increase investment, further reform income distribution and human resources management.     He also urged the publisher to raise its international profile by publishing more books on the successful theories and practices of socialism with Chinese characteristics.     It would contribute to improving the country's soft power, he said. Li Changchun (3rd L, rear), a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, speaks during a symposium during his visit to the People's Publishing House, China's oldest publisher of books on the Party and politics, in Beijing, capital of China, Sept. 29, 2009. The house should endeavor to nurture a group of foreign-language literate talents who not only understood China's national situation, but also had a global view, Li said.     He said the house should earnestly implement the gist of the Fourth Plenary Session of the 17th CPC Central Committee that concluded in mid-September. The CPC session decided to expand democracy within the Party and better fight corruption.     The People's Publishing House was founded in 1921 and rebuilt in 1950. It is a well-known publisher of works on philosophy and social sciences. Li Changchun (3rd R), a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, visits an editing room of Marxism-Leninism during his visit to the People's Publishing House, China's oldest publisher of books on the Party and politics, in Beijing, capital of China, Sept. 29, 2009