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BEIJING, Oct. 31 (Xinhua) -- Chinese President Hu Jintao has called for creating more domestic needs to keep stability of the country's financial market and economic growth.     Hu, also general secretary of the Communist Party of China (CPC) Central Committee, made the remark during his visit to Yulin city in northwest China's Shaanxi Province from Oct. 28 to 29. General Secretary of the Communist Party of China (CPC) Central Committee Hu Jintao (2nd R, front), who is also Chinese President and Chairman of the Central Military Commission, chats with local farmers about the corn harvest in Xiaojihan Village of Dajihan Township in Yuyang District during his visit in Yulin City of northwest China's Shaanxi Province on Oct. 28 and 29, 2008.He told the accompanying provincial Party chief Zhao Leji and governor Yuan Chunqing that the basic situation of China's economic development was still fine amid the international financial tsunami and the world economy's slowdown.     Government at all levels and the public should have firm confidence and be revivified to strive, the President told local officials. And government should make more efforts to create domestic needs, especially the consuming needs.     It also should intensify the fundamental status of agriculture in the country's economy, improve the economic growth methods and deepen the opening up and reform policy, he said. General Secretary of the Communist Party of China (CPC) Central Committee Hu Jintao (front), who is also Chinese President and Chairman of the Central Military Commission, visits the command headquarters of Jinjie coal mine during his visit in Yulin City of northwest China's Shaanxi Province on Oct. 28 and 29, 2008.President Hu made the visit soon after the 17th CPC Central Committee ended its third Plenary Session which had announced favorable measures for farmers, a move to inspect local implementation by himself.     In visiting a village of Yulin, the President promised to local corn planters that the government would gradually increase subsidies to croppers and raise the minimum prices of crops purchased from farmers.     Hu Jintao told the farmers to fully trust the rural land policy, to lease their contracted farmland or transfer their land-use right, which was just adopted by the CPC's session.     The new policy was expected to boost the scale of operation for farm production and provide funds for farmers to start new businesses.     Hu Jintao stressed that the transfer of the land-use must accord with farmer's own will.     In another village Hu Jintao told livestock breeders to rely on science and technology to expand their business and increase incomes.     Yulin city is rich in coal and a major producing base of carbinol and coal products.     During his visit to a coal mine, President Hu urged workers and administrators to increase their productivity and give more attention to the safety of production.     In the neighboring coal-fired power plant, Hu Jintao said that building a power plant close to the mine could reduce transport costs and pollution.     He encouraged the plant's workers to make all-out efforts to produce more power to be transferred to the country's eastern part, making more contribution to relieving the power shortage.     President Hu also visited a carbinol company in the city, which produces the fuel substitute, by refining coal. He hoped the company could initiate more independent innovations and create more use for the coal to diversify the country's energy consumption.     In the outskirts of the city, which borders a desert on China's Loess Plateau, Hu inspected one of the four forest walls planted to break sand storms and prevent soil erosion.

BEIJING, Jan. 22 (Xinhua) -- China's economy cooled to its slowest pace in seven years in 2008, expanding 9 percent year-on-year as the widening global financial crisis continued to affect the world's fastest-growing economy, official data showed Thursday.     Gross domestic product (GDP) reached 30.067 trillion yuan (4.4216 trillion U.S. dollars) in 2008, Ma Jiantang, director of the National Bureau of Statistics (NBS), told a press conference.     The 9-percent rate was the lowest since 2001, when an annual rate of 8.3 percent was recorded, and it was the first time China's GDP growth fell into the single-digit range since 2003.     The year-on-year growth rate for the fourth quarter slid to 6.8 percent from 9 percent in the third quarter and 9.9 percent for the first three quarters, according to Ma. Graphics shows China's gross domestic product (GDP) in the year of 2008, released by the National Bureau of Statistics (NBS) on Jan. 22, 2009. China's GDP reached 30.067 trillion yuan (4.4216 trillion U.S. dollars) in 2008, expanding 9 percent year-on-year.    Economic growth showed "an obvious correction" last year, but the full-year performance was still better than other countries affected by the global financial crisis, said Zhang Liqun, a researcher with the Development Research Center of the State Council, or cabinet.     He attributed the fourth-quarter weakness to reduced industrial output as inventories piled up amid sharply lower foreign demand.     Exports, which accounted for about one-third of GDP, fell 2.8 percent year-on-year to 111.16 billion U.S. dollars in December. Exports declined 2.2 percent in November from a year earlier.     Industrial output rose 12.9 percent year-on-year in 2008, down 5.6 percentage points from the previous year, said Ma.     SEEKING THE BOTTOM     Government economist Wang Xiaoguang said the 6.8-percent growth rate in the fourth quarter was not a sign of a "hard landing," just a necessary "adjustment" from previous rapid expansion.     "This round of downward adjustment won't bottom out in just a year or several quarters but might last two or three years, which is a normal situation," he said.     A report Thursday from London-based Standard Chartered Bank called the 6.8-percent growth in the fourth quarter "respectable" but said the data overall presented "a batch of mixed signals."     It said: "We probably saw zero real growth in the fourth quarter compared with the third quarter, and it could have been marginally negative."     The weakening economy has already had an impact on several Chinese industrial giants. Angang Steel Co. Ltd. (Ansteel), one of the top three steel producers, said Wednesday net profit fell 55 percent last year as steel prices plunged. It cited weakening demand late in the year.     However, officials and analysts said some positive signs surfaced in December, which they said indicated China could recover before other countries.     December figures on money supply, consumption, and industrial output showed some "positive changes" but whether they represented a trend was unclear, said Ma.     Outstanding local currency loans for December expanded by 771.8 billion yuan, up 723.3 billion from a year earlier, according to official data.     Real retail sales growth in December accelerated 0.8 percentage points from November to 17.4 percent. Industrial output also accelerated in December, up 0.3 percentage points from the annual rate of November.     Wang Qing, Morgan Stanley Asia chief economist for China, said GDP growth would hit a trough in the first or second quarter. China will perform better than most economies affected by the global crisis and gradually improve this year, he said.     Zhang also predicted the economy will touch bottom and start to recover later this year, depending on the performance in January and February.     Zhang forecast GDP growth of more than 8 percent for 2009, based on the assumption that domestic demand and accelerating urbanization would help cushion China from world economic conditions.     Wang Tongsan, an economist with the Chinese Academy of Social Sciences, said whether GDP growth exceeds 8 percent this year depends on how the world economy performs and how well the government stimulus policies are implemented.     Ma characterized the "difficulties" China experienced in the fourth quarter as temporary, saying: "We should have the confidence to be the first country out of the crisis."     Overall, the economy maintained good momentum with fast growth, stable prices, optimized structures and improved living standards, said Ma.     China's performance was better than the average growth of 3.7 percent for the world economy last year, 1.4 percent for developed countries and 6.6 percent for developing and emerging economies, he said, citing estimates of the International Monetary Fund.     "With a 9-percent rate, China actually contributed more than 20 percent of global economic growth in 2008," said Ma.     He said the industrial structure became "more balanced" last year, with faster growth of investment and industrial output in the less-developed central and western regions than in the eastern areas.     Meanwhile, energy efficiency improved: energy intensity, the amount of energy it takes to produce a unit of GDP, fell 4.21 percent year-on-year in 2008, a larger decrease than the 3.66 percent recorded in 2007, said Ma.     WORRIES ABOUT CONSUMPTION     A slowing economy poses a concern for the authorities, which they have acknowledged several times in recent weeks, as rising unemployment could threaten social stability. It could also undermine consumer spending, which the government is counting on to offset weak external demand.     The government has maintained a target of 8 percent annual economic growth since 2005.     China announced a 4 trillion-yuan economic stimulus package in November aimed at boosting domestic demand.     Retail sales rose 21.6 percent in 2008, 4.8 percentage points more than in 2007, said Ma.     Ma said he believed domestic consumption would maintain rapid growth as long as personal incomes continue to increase and social security benefits improve.     Urban disposable incomes rose a real 8.4 percent last year, while those of rural Chinese went up 8 percent, he said.     Analysts have warned that consumption could be affected if low rates of inflation deteriorate into outright deflation and factory closures result in more jobless migrant workers.     The urban unemployment rate rose to 4.2 percent at the end of 2008, up 0.2 percentage point year-on-year.     Ma said about 5 percent of 130 million migrant workers had returned to their rural homes since late 2008 because their employers closed down or suspended production. Other officials have said that 6.5 percent or even 10 percent of migrant workers have gone home after losing their jobs.

BANDAR SERI BEGAWAN, Brunei, Nov. 9 (Xinhua) -- Senior leader of the Communist Party of China (CPC) Zhou Yongkang met with Brunei Foreign and Trade Minister Prince Mohamed Bolkiah on Sunday evening.     The meeting came as Zhou made a transit stop in Brunei on his way back to China.     Zhou, one of the nine-member Standing Committee of the Political Bureau of the CPC Central Committee, hailed the sound and smooth growth of China-Brunei ties since the two forged diplomatic ties in 1991.     Zhou said that particularly in recent years, the all-round friendly cooperation between the two countries has been strengthened, thanks to the joint efforts of leaderships, governments and peoples of the two countries.     China and Brunei have been understanding, supporting and closely cooperating with each other on regional and international issues, he said.     Zhou also lauded Brunei's role as a coordinator in deepening the strategic partnership between China and the Association of Southeast Asian Nations (ASEAN).     Zhou said China would continue to pursue its long-term neighbor friendship with Brunei and would like to work with Brunei to take the relations to a new high.     Mohamed congratulated China on successfully hosting the Beijing Olympics and the summit of Asia-Europe Meeting(ASEM).     The friendship between the peoples of China and Brunei can be traced back to the time earlier than the establishment of diplomatic ties, he said.     He pledged Brunei would support China's increasingly important role in regional and international affairs.     He said Brunei would like to work with China to seek common development.     Before his transit in Brunei on Sunday, Zhou concluded his fortnight trip to the three Asia-Pacific nations, namely Vietnam, Indonesia and Australia.

MOSCOW, Oct. 28 (Xinhua) -- China and Russia issued a joint communique here Tuesday, pledging further efforts to strengthen strategic coordination and deepen cooperation in various fields.     The communique was signed by visiting Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin at the 13th regular prime ministers' talks between the two countries. Chinese Premier Wen Jiabao (2nd L) and Russian Prime Minister Vladimir Putin (2nd R) sign a joint communique on the 13th regular meeting between Chinese and Russian prime ministers 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 ministersDuring his visit, Wen also held separate talks with Russian President Dmitry Medvedev and Speaker of the Russian Federation Council Sergei Mironov, and attended the third China-Russia Economic and Trade Summit Forum.     During his meeting with Medvedev, Wen and the Russian president had an in-depth exchange of views on the two countries' strategic coordination and cooperation, as well as major regional and international issues. Russian President Dmitry Medvedev (R) meets with visiting Chinese Premier Wen Jiabao in Moscow, capital of Russia, Oct. 28, 2008The two leaders said that the Sino-Russian strategic partnership of cooperation has witnessed rapid growth in recent years, with enhanced mutual trust and support and broadened cooperation in key areas.     The two sides agreed that it is important and urgent for China and Russia to comprehensively strengthen bilateral relations in the current complicated international situation. 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 ministersIn line with the spirits and principle of the treaty of good-neighborliness and friendly cooperation, China and Russia will implement all agreements and consensus reached by the two sides, promote mutual political trust, facilitate pragmatic cooperation and deepen strategic coordination, so as to benefit the two countries and peoples and make greater contributions to world peace and stability.     Wen and Putin noted that the prime ministers' regular talks have played a significant role in boosting pragmatic bilateral cooperation in various fields, saying both countries are willing to continue to better the mechanism and improve its efficiency. Chinese Premier Wen Jiabao addresses the opening ceremony of the Third Sino-Russian economic forum in Moscow, capital of Russia, Oct. 28, 2008The two sides will make all events of the "national theme year" of China and Russia approved by the two heads of state a regular occurrence, implement the plan for the year of Russian language in2009 in China, and make preparations for the year of Chinese language in 2010 in Russia.     The two countries will make joint efforts to further expand trade and economic cooperation, so as to promote their economic development.     Both sides should give full play to the role of the China-Russia Chamber of Commerce of Machinery and Electronic Products, and take practical measures to increase high-tech products in bilateral trade. Russian Prime Minister Vladimir Putin addresses the opening ceremony of the Third Sino-Russian economic forum in Moscow, capital of Russia, Oct. 28, 2008.The two sides will, in the principle of equality and mutual benefit, make use of the Sino-Russian investment promotion conference and take measures so as to sign a draft plan of China-Russia investment cooperation at an early date, to create a sound investment environment, effectively protect the legal rights and interests of investors, implement investment projects of mutual interests, and expand cooperation in industrial projects, infrastructure construction and renovation.     They will continue to step up regional cooperation along the border, to further regulate the cross-border trade order, improve the structure of commodities, and upgrading the infrastructure in port cities.     The two sides reaffirmed that energy cooperation is an important part of the China-Russia strategic partnership of cooperation, and the two nations should deepen energy cooperation on the basis of mutual benefit.     Both sides agreed to support cooperation in oil and gas, including long-term trade of crude oil, the construction of oil pipelines linking Russia and China, the upstream and downstream cooperation in oil fields, natural gas supply and the establishment of natural gas processing and chemical enterprises.     The two sides also agreed to widen and deepen long-term cooperation in space technology to ensure the completion of the 2007-2009 space cooperation program as scheduled.     In the fields of science and technology, China and Russia, by combining their efforts in high priority fields of scientific research, will implement joint projects with great innovative potential and commercial prospects. The two sides will further promote cooperation in nanotechnology, energy, energy saving, ecology and rational utilization of natural resources.     The two sides also agreed to push forward cooperation in transportation and traffic infrastructure, enhance cooperation in such areas as trade and project financing, bank card and export credit insurance, and to further cooperation in the civil aviation sector.     They spoke highly of bilateral cooperation in telecommunication and information and communication technology, and pledged to improve the cooperative mechanism in anti-monopoly, supervision of advertisement law and anti-unfair competition, and to expand and deepen cooperation in information exchange in the border area.     Both sides will continue to expand cooperation in disaster relief and strengthen relevant exchange in science and technology and information.     The two sides are willing to boost cooperation in environmental protection and reasonable utilization and protection of cross-border water.     They agreed to continue to organize and hold activities of cultural exchanges between the youths of China and Russia, including an art festival, summer or winter camps and language competitions.     The two sides expressed satisfaction with the successful Russian cultural festival in China this year and support for the Chinese cultural festival in Russia in 2009, which they said will be an important event marking the 60th anniversary of the establishment of diplomatic ties between the two countries.     The two sides will encourage their libraries, museums and theaters to set up direct contacts and develop cooperation.     Both countries will also continue to deepen cooperation in health-care services, especially in such fields as prevention and treatment of infectious diseases, rest cure and medicine supervision.     They will facilitate sports exchanges and cooperation, agreeing to hold the 3rd China-Russia youth games in 2009.     The two sides will comprehensively implement bilateral accords and programs in tourism, and improve the mechanism and expand cooperation in such fields as media, movie production and file management.     They agreed to hold the 14th regular prime ministers' talks in China next year on a date to be decided through diplomatic discussions.     During the 13th prime ministers' regular talks, the two countries signed a number of documents, including several agreements on cooperation in such fields as energy, banking and high technology.     Wen arrived here Monday for a three-day official visit to Russia aimed at strengthening China's strategic partnership with the country.     Russia is the first leg of Wen's two-nation tour, which will also take him to Kazakhstan.

TAIPEI, Jan. 8 (Xinhua) -- The mainland-donated panda pair is scheduled to meet the Taiwan public on Jan. 26, the first day of the Chinese Lunar New Year, the Taipei city government announced on Thursday.     Taipei mayor Hau Lung-bin will visit the panda pair a few days earlier, on Jan. 24, with 500 orphans and children from poor families.     "If all the quarantine measures for the panda pair and other procedures for their moving into the zoo go well as scheduled, the 500 children invited by the city government will be the first visitors on Jan. 24," Hau said.     The Taipei city zoo said an opening ceremony for the panda enclosure would also be held on Jan. 24. The area would be open to the public on the morning of Jan. 26.     It's estimated an average of 22,000 panda visitors per day will come to the enclosure once it's opened, according to the zoo. To accommodate the crowds, the zoo will extend business hours until 18:00 p.m. during the Spring Festival holidays.     The city government said earlier in a statement that the pandas were expected to attract about 6 million visitors to the zoo annually, double the current number.     The pair of 4-year-old giant pandas named "Tuan Tuan" and "Yuan Yuan" (when linked, their names mean "reunion" in Chinese), have now become "sweethearts" on the island. Cartoon images of the bears are displayed at bus stations and the airport's entrance.     The mainland announced in May 2005 it would donate two giant pandas to Taiwan. Their departure had been delayed for more than three years. Improved cross-Straits ties made their journey to Taiwan possible.