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BEIJING, Feb. 27 (Xinhua) -- China's massive stimulus package has proved effective, with the Chinese economy having bottomed out and now in recovery mode, Chinese Premier Wen Jiabao said during an online chat Saturday.The stimulus package brought confidence and courage, and improvements have been gradually made during its implementation, Wen said while chatting online with Netizens at www.gov.cn and www.xinhuanet.com.Boosted by a raft of stimulus measures, China's economy expanded 8.7 percent in 2009, staging a speedy recovery after being hit by the worst global financial crisis in eight decades.Chinese Premier Wen Jiabao (L) prepares to chat with Internet surfers on two state news portals in Beijing, China, Feb. 27, 2010. The two portals, the central government website (www.gov.cn) and the Xinhua News Agency website(www.xinhuanet.com), will jointly interview Wen, which will be shown live in both text and videoThe stimulus package included fiscal spending; tax cuts; adjustment and support policies for key industries; support systems for scientific development; and improvements in the social security system.The package has contributed to the nation's development and people's livelihood with both economic and social achievements, he added.

BEIJING, Feb. 24 (Xinhua) -- Chinese Vice President Xi Jinping on Wednesday met here with senior executives of Republic of Korea's technology powerhouse Samsung Electronics.The executives included Samsung Electronics' Permanent Consultant Yun Jong Yong and Chief Executive Officer Choi Geesung.Xi praised an exchange program which had yielded positive results, allowing some middle-aged and young students at the Party School of the CPC Central Committee to visit the ROK for inspection purposes.This was a cooperative program attended by the Organization Department of the Communist Party of China (CPC) Central Committee, Party School of the CPC Central Committee and Seoul-based Samsung Electronics, the world's leading electronics and technology company.Chinese Vice President Xi Jinping (2nd R) meets with senior executives of Republic of Korea's technology powerhouse Samsung Electronics in Beijing, China, Feb. 24, 2010. The executives included Samsung Electronics' Permanent Consultant Yun Jong Yong and Chief Executive Officer Choi GeesungXi voiced the hope that the two sides can step up cooperation, enrich and deepen the inspection so as to make new contributions to China-ROK friendly relations.On the broader bilateral relationship, Xi said the two countries witnessed frequent high-level visits, close trade cooperation, active people-to-people exchanges and good communication on international and regional issues."China is satisfied with the relationship and would like to make joint efforts with the ROK to advance our friendship and mutually-beneficial cooperation," Xi said.Trade ties, which have seen robust growth since the two countries forged diplomatic relations in 1992, stood as a key pillar of the China-ROK relationship and generated substantial benefits for both peoples, Xi said.Xi encouraged Samsung Electronics to seize opportunities and expand businesses in China and play a bigger role in pushing bilateral economic cooperation.Yun, who took the helm of Samsung Electronics from 1996 to 2008, said the company's China business was in a good shape and it would continue to pursue its planned investment projects.Yun pledged Samsung Electronics would cooperate with the Chinese side on the exchange program for students at the Party School of the CPC Central Committee.Yun and his delegation will conclude their visit to Beijing on Friday.

BEIJING, March 1 (Xinhua) -- China's central government has allocated 28.6 billion yuan (4.2 billion U.S. dollars) to support farmers, the Ministry of Finance said in a statement Monday.The bulk of the funding -- 18.6 billion yuan -- would be used to subsidize farmers in growing improved varieties of crops such as rice, corn, and cotton.The other 10 billion yuan would subsidize purchases of farm machinery such as sowers and reapers, said the statement issued to Xinhua.The funding aimed to improve motivation in agricultural production, and stabilize the country's grain production, according to the statement.Farmers across the country would be eligible for the subsidies.The funding was on top of 86.7 billion yuan of subsidy funding to grain-growing farmers nationwide in February.The financial support for agriculture came as severe drought continued in the nation's west and south.The National Meteorological Center (NMC) issued a drought alert on Sunday warning the severe drought would continue over the next three days.The State Flood Control and Drought Relief Headquarters said Saturday the drought, which started at the beginning of February, had affected 69.6 million mu (4.64 million hectares) of arable land and left 12.7 million people and 8.4 million heads of livestock short of drinking water.

BEIJING, March 11 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday urged for pushing forward mainland-Taiwan relations steadily, saying the two sides are facing a grand opportunity for the development of ties.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the call when attending a panel discussion of the annual session of the National People's Congress."The relations across the Taiwan Strait saw comprehensive improvement and development over the past year, and we are now facing a grand opportunity to develop the ties," Jia told NPC deputies of the delegation representing Taiwan."It's imperative to do well the work concerning Taiwan in a concrete and effective manner and steadily push forward cross-Strait relations," Jia said."We must stick to the principle that the mainland and Taiwan both belong to one China, consolidate the political foundation for the peaceful development of cross-Strait relations and strengthen political trust between the two sides," Jia said.Jia, also Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, also urged the two sides to deepen their economic cooperation and establish a long-term mechanism for mutual development and benefit.Cultural and educational exchanges should be vigorously promoted to deepen the sense of national and cultural identity between compatriots across the strait, Jia said.