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BEIJING, Dec. 31 (Xinhua) -- Chinese President Hu Jintao urged maintaining steady and relatively fast economic development in a New Year address broadcast Thursday to domestic and overseas audience via state TV and radio stations. He said in 2009, in the face of global financial crisis, Chinese people of all ethnic groups united together and firmly adhered to maintaining steady and relatively fast economic development as the primary task in economic work. "People's life continued to improve and the society was kept harmonious and stable," said Hu in the address, titled "Jointly Create A Beautiful Future of World Peace and Development," broadcast by China Radio International, China Central Television, and China National Radio.. Hu said that the year 2010 is the last year of the country's 11th Five-Year Plan period and the country will continue to implement a proactive fiscal policy and a moderately easy monetary policy. Chinese President Hu Jintao delivers a New Year address titled "Jointly Create a Better Future for World Peace and Development" which is broadcasted to domestic and overseas audiences via state TV and radio stations, in Beijing, capital of China, Dec. 31, 2009 Hu added that the country will stick to the guidelines of "one country, two systems", "Hong Kong people governing Hong Kong", "Macao people governing Macao" and a high degree of autonomy to maintain long-term prosperity and stability of Hong Kong and Macao. He said the policy of "peaceful reunification and one country, two systems" will be adhered to and exchanges and cooperation across the Taiwan Strait will be enhanced to bring more benefits to people on both sides. "I'd like to solemnly reiterate that China will hold high the flag of peace, development and cooperation and firmly adhere to the foreign policy of maintaining world peace and promoting common development," Hu said. He said China will develop friendly cooperation with all other countries on the basis of the five principles of co-existence and continue to actively participate in international cooperation on issues such as coping with the international financial crisis and climate change. "We will work with people of all countries to jointly promote the construction of a harmonious world of lasting peace and common prosperity," said Hu. He said at this moment, there are still people in the world who are suffering from war, poverty, disease and natural calamities. The Chinese people are deeply sympathetic and will continue to do all they can to help them. An article by Hu on Party building in a new situation will be published in Qiu Shi (Seeking Truth), an official magazine of the Communist Party of China Central Committee, on Jan. 1, 2010.
SHANGHAI, Dec. 5 (Xinhua) -- Shanghai Party chief Yu Zhengsheng met here Saturday with visiting Canadian Prime Minister Stephen Harper, vowing to take the opportunity of the Shanghai World Expo to upgrade bilateral economic and environmental cooperation. The theme of the 2010 Shanghai World Expo is Better City, Better Life, and the core of this theme is to achieve harmony between man and nature, said Yu, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the CPC Shanghai Municipal Committee. "We will step up the transformation of economic development mode and coordinate the various social interests, and promote development through reform and innovation," he said. Yu Zhengsheng(R), member of the Political Bureau of the Communist Party of China (CPC) Central Committee and chief secretary of the CPC Shanghai Municipal Committee, meets with visiting Canadian Prime Minister Stephen Harper in Shanghai, China, Dec. 5, 2009 He appreciated Canada's active participation in the Shanghai World Expo and believed that the Expo would increase the Chinese people's understanding about Canada. Harper said Shanghai was a vibrant city, and the Canadian companies, represented by Bombardier, had been active in Shanghai in the areas of transportation, insurance, food and resources. The 2010 Shanghai World Expo was a very good opportunity for Canada and Shanghai to expand and escalate cooperation, especially in the fields of high-tech and environmental science and technology, he noted. Harper visited the Shanghai World Expo Park Saturday morning and inaugurated the Canada Pavilion. He said Canada's participation in the Shanghai World Expo was one of the earliest decisions of the government under his leadership since he took office, and the Canada Pavilion would be a great success during the Expo. Harper left Shanghai for Hong Kong Saturday afternoon. According to statistics of Shanghai Municipal Commission of Commerce, by the end of the year 2008, Canadian companies have invested in 909 projects in Shanghai, and the amount of contractual foreign capital reached 876 million U.S. dollars. During the past five years, import and export between Shanghai and Canada have maintained rapid growth. In 2008, the total trade volume reached 4.87 billion U.S. dollars.

BEIJING, Nov. 25 (Xinhua) -- An awarding ceremony was held here Wednesday to honor 214 outstanding demobilized soldiers in the country. President Hu Jintao, Premier Wen Jiabao and Li Changchun, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, met with the retired servicemen at the Great Hall of the People and congratulated them on their achievements. Chinese leaders Hu Jintao (R Front), Wen Jiabao (2nd R) and Li Changchun (1st R) meet with demobilized soldiers who will receive awards prior to an awarding ceremony held at the Great Hall of the People in Beijing, capital of China, Nov. 25, 2009. Vice Premier Hui Liangyu delivered a speech at the ceremony, in which he hailed the demobilized soldiers as the treasures of the country. They played an important role in boosting the modernization drive, Hui said. Hui urged all retired servicemen to make greater contribution to the country's economic development and social stability.
COPENHAGEN, Dec. 18 (Xinhua) -- Chinese Premier Wen Jiabao met here with U.S. President Barack Obama on Friday to discuss climate change. Wen said climate change is a global challenge and an important field for cooperation between China and the United States. The key to this issue is to stick to the principle of "common but differentiated responsibilities," said Wen. The Chinese government has announced its goal of controlling greenhouse gas emissions, which demonstrates China's sincerity and determination to deal with climate change, and work with the international community on this issue, said the Chinese premier. Chinese Premier Wen Jiabao (L) meets with U.S. President Barack Obama in Copenhagen, Denmark, Dec. 18, 2009 China has voluntarily launched mitigation measures and put the munder the supervision of domestic law and mass media, said Wen. China is also willing to carry out international dialogue and cooperation on transparency of its mitigation measures, he said. The Chinese side welcomes the promise of the United States to provide financial support to the least developed countries, said Wen, noting that the key is to take concrete action to help developing countries deal with climate change. China is willing to strengthen communication and consultation with the U.S. side to enhance mutual trust, and to push for a fair, reasonable and practical deal at the Copenhagen conference, thus delivering hope and confidence to the whole world, said Wen. Obama told Wen that the principle of "common but differentiated responsibilities" should be followed in the global fight against climate change. Obama said China's emission reduction target is ambitious and impressive and important for the entire world. As a developing country, the largest challenge China is facing is to develop its economy and relieve poverty, he said. Therefore, China should not be required to adopt the same measures as the United States or other developed countries. Obama said he appreciated China's willingness to have transparency on its voluntary emission reduction measures. The United States is ready to work with China for a successful Copenhagen climate change conference and to strengthen long-term cooperation in the fight against climate change.
BEIJING, Jan. 5 (Xinhua) -- The Chinese government will continue encouraging outbound investment while attracting foreign investment in 2010 for "stable and relatively fast" growth of the country's economy, a government official has said. Outbound investment, or "go-global" strategy, should aim at making use of overseas resources, market and advanced technologies, so as to help facilitate development of China's domestic economy, Zhang Xiaoqiang, vice minister in charge of the National Development and Reform Commission, said in the speech posted on the commission's website Tuesday. The remarks were made at a conference held in Beijing on foreign investment on Dec. 11, but was not released until Tuesday. In the first three quarters of 2009, China saw its investment overseas at 32.87 billion U.S. dollars, up 0.5 percent year-on-year, according to the Ministry of Commerce (MOC). The country would also continue to attract foreign investment, he said. "Social stability, huge potential market and low cost of productive resources are still advantages for foreign investment," he said. The country would see more advanced technologies and talents from foreign countries and foreign investment would better serve the structural reform of the country's economy. Zhang said the government would stress national economic security while seeking to increase foreign investment. "We have to properly handle new challenges and situations when further opening sectors, including finance and telecommunications." China's foreign direct investment shrank 14.26 percent from the same period last year to 63.77 billion U.S. dollars in the first nine months as foreign companies cut spending amid the global economic downturn, according to the MOC. In the speech, Zhang also said China's currency was facing renewed pressure to appreciate because of the quantitative easing monetary policy in developed countries, a weakening dollar and recovery of China's economy. The pressure would likely spur massive inflow of speculative money, making liquidity management more difficult. Premier Wen Jiabao also said in December in an interview with Xinhua that the yuan faced appreciation pressure. "China will not yield to foreign pressure for the appreciation of its currency yuan in any form," Wen said. "A stable Chinese currency is good for the international community," Wen said.
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