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WASHINGTON, Nov. 4 (Xinhua) -- The United States requested the World Trade Organization (WTO) on Wednesday to establish a dispute settlement panel to rule on China's export restraints on raw materials. But Chinese officials insist that they are consistent with WTO rules.     The materials at issue are: bauxite, coke, fluorspar, magnesium, manganese, silicon metal, silicon carbide, yellow phosphorus, and zinc, key inputs for numerous downstream products in the steel, aluminum, and chemical sectors across the globe.     The Office of the United States Trade Representative (USTR) said in a statement that the raw materials are "critical to U.S. manufacturers and workers."     The USTR also said that the European Union and Mexico are joining the United States in requesting the establishment of a WTO dispute settlement panel regarding this matter.     The U.S. and the European Union requested formal consultations with China at the WTO on June 23, 2009, and Mexico filed its consultations request on August 21, 2009.     "We believe the restraints at issue in this dispute significantly distort the international market and provide preferential conditions for Chinese industries that use these raw materials," said Debbie Mesloh, a USTR spokeswoman.     "Working together with the European Union and Mexico, we tried to resolve this issue through consultations, but did not succeed. At this point, therefore, we need to move forward with the next step in the WTO dispute settlement process," Mesloh stated. "We remain open to working with China to find a mutually agreeable solution to our concerns."     But the Chinese Ministry of Commerce defended China's export policies, saying they are consistent with WTO rules.     The chief aim of China's export policies is to protect the environment and conserve natural resources, said an official with the Ministry of Commerce in June.     China has been keeping communication and contact with the U.S. and the EU over China's policy on raw material exports, the official said, adding that China will properly deal with the consultation request in accordance with WTO dispute settlement procedures.     According to the procedures, China, the U.S., the EU and Mexico have 60 days to try to resolve their dispute through consultations. If consultations fail, the U.S., the EU and Mexico could ask for a WTO panel to investigate and rule on this dispute.

BEIJING, Nov. 13 (Xinhua) -- China's top political advisor Jia Qinglin on Friday attended a gathering marking the 60th anniversary of the founding of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC).Photo taken on Nov. 13, 2009 shows a conference to celebrate the 60th anniversary of the founding of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC) is held in BeijingThe municipal committee was the first local CPPCC committee in the country. It has made great contributions to the capital's economic development and modernization drive in the past 60 years.

BEIJING, Nov. 17 (Xinhua) -- Chinese President Hu Jintao said here Tuesday that China and the United States will start preparations as soon as possible for the second round of the China-U.S. Strategic and Economic Dialogue (S&ED) scheduled for next summer in Beijing.     China and the United States will continue implementing the agreements reached at the first round of the dialogue last July in Washington, Hu said in remarks to reporters after talks with visiting U.S. President Barack Obama.     The two leaders spoke positively during the talks of the importance of the strategic and economic dialogue mechanism in strengthening mutual trust and cooperation between the two nations, he said.     Both leaders believed that close high-level contacts and other dialogues and consultations at various levels are essential to the development of bilateral relations, said the Chinese president.     The two sides agreed to keep close communication through visits, phone calls, letters and meetings during multilateral events, Hu said.

NINGBO, Zhejiang, Nov. 7 (Xinhua) -- A senior official has called for unity among people living on both sides of the Taiwan Strait to promote the peaceful development of cross-Strait relations.Jia Qinglin, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, made the call during his meeting with James Soong, chairman of the Taiwan-based People First Party and Yok Mu-ming, chairman of the New Party Saturday in Ningbo of east Zhejiang Province.     Jia praised Soong and his party for firmly opposing "Taiwan independence", safeguarding the interests of people from both sides of the strait and those of the Chinese nation, and promoting cross-Strait cooperation. Jia Qinglin (R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with People First Party Chairman James Soong in Ningbo, east China's Zhejiang Province, on Nov. 7, 2009    Jia, also chairman of the National Committee of the Chinese People's Political Consultative Conference, said that the cross-Strait relations have recorded much progress in the past year, and the mainland will continue to promote the all-round development of the ties and work for the well-being of people on both sides.     The Chinese nation is facing the bright prospect of its great rejuvenation, and people on both sides should seize and make full use of such a historical opportunity, work together with one heart and grasp the future of cross-Strait relations in their own hands, he said.     Obstacles and disruptions will not stop the cross-Strait relations from moving forward in the peaceful direction, he said.     Jia said to promote the development of cross-Strait ties, people on both sides should work on more practical issues, he said, citing the discussion of cross-Strait cooperation in agriculture and fishery. Jia Qinglin (R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), shakes hands with People First Party Chairman James Soong during their meeting in Ningbo, east China's Zhejiang Province, on Nov. 7, 2009He said work benefiting people on both sides should be done as much as possible and all forces supporting the peaceful development of cross-Strait relations and all friends opposing "Taiwan independence" and adhering to the one-China principle should be united.     Soong said Taiwan is inalienable territory of China and Taiwan people form an inseparable part of the Chinese nation. People on both sides should have broader and deeper exchanges to increase mutual understanding and achieve more common ground.     He pledged that the People First Party will continue to actively promote the cross-Strait relations.     Yok Mu-ming said the mainland and Taiwan should increase technical exchanges and industrial cooperation on agriculture and fishery to create an "economic miracle" for the peaceful development of cross-Strait relations.

BEIJING, Nov. 28 (Xinhua) -- China has vowed to maintain its macroeconomic policy stance in 2010 despite worries that its stimulus is likely to risk fueling new bubbles and overcapacity.     A meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee agreed Friday that the country will continue the proactive fiscal policy and moderately easy monetary policy next year.     "It is a must for the country to stick to the pro-growth policy stance," said Zhang Liqun, a researcher with the Development Research Center of the State Council, one of China's top think tanks.     "A guarantee to the 8-percent growth target this year does not mean the national economy has been on an independent and stable developing track," Zhang said.     Many uncertainties, both at home and abroad, still weighed on China's economy and it was quite necessary for the government to maintain its policy stance, said Feng Fei, a senior researcher at the Development Research Center of the State Council.     China's economic growth has approached its pre-crisis level a year after the adoption of the 4-trillion-yuan (585.6 billion U.S. dollars) economic stimulus package.     The country's economy grew 8.9 percent year on year in the third quarter this year, accelerating from 7.9 percent in the second quarter and 6.1 percent in the first quarter. In the third quarter last year, it increased 9 percent year on year.     However, the country's strategy has raised concern that loose money could inflate prices of stocks and housing, build up unneeded factories and saddle the economy with bad debts.     Although the current stimulus package had side effects, it was not the time for retreat, said Zhuang Jian, a senior economist with the Asian Development Bank.     The government should be aware of the hidden trauma in economic growth and be ready at all time for popping-up problems by improving the policy flexibility, he said.     It was important to enhance the flexibility and focus of macro regulation, considering the inflationary expectations, assets bubble risk and rapidly changing economic situation, Feng said.     The Political Bureau vowed to enhance the focus and flexibility of economic policy in the following year according to new situations. It would also further implement and enrich the economic stimulus package to make the economy grow in a more stable, balanced and sustainable way.     Bureau members agreed the government would maintain continuity and stability in its macroeconomic policies, according to a statement released after the meeting.     The barely-changed wording in the statement of the meeting, convened ahead of the annual Central Economic Work Conference, would set the tone for next year's economic work, said Wang Tongsan, a senior researcher with the Chinese Academy of Social Sciences.     He noted that the "five highlights" in the statement would be mid- and long-term strategy for economic and social development in China, which would enable the country to grab the opportunity during the crisis.     The country would step up efforts to improve the quality and efficiency of economic growth, to promote the transformation of the economic development pattern and structural adjustments and to promote innovation and reform and opening up to enhance the vigor and momentum of economic growth, the statement said.     It also urged more efforts to improve people's livelihood and maintain social stability, and to coordinate the domestic and international situation.

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