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BEIJING, Nov. 25 (Xinhua) -- Chinese Premier Wen Jiabao has held in-depth talks with top economists and entrepreneurs to discuss the current economic situation and the country's macro controls amid government efforts to steer the economy out of trouble against a background of global turmoil. The premier sat down with specialists in a wide range of fields from fiscal policy, finance and the corporate world, to agriculture, real estate and external economy, as well as company heads from big sectors such as petrochemical, telecommunications, auto, steel, nonferrous metal, machinery manufacturing, logistics and real estate, at the Zhongnanhai leadership compound in downtown Beijing on Nov. 20 and again on Nov. 25. Chinese Premier Wen Jiabao (C) holds in-depth talks with top economists to discuss the current economic situation and the country's macro controls amid government efforts to steer the economy out of trouble against a background of global turmoil in Beijing, capital of China Nov. 20, 2008. The premier held talks with specialists in a wide range of fields at the Zhongnanhai leadership compound in downtown Beijing on Nov. 20 and again on Nov. 25The economists and entrepreneurs gave their views on the current global economic and financial situation, the country's fiscal and monetary policies, issues concerning rural areas, farmers, and agriculture, real estate sector, financial sector, industrial restructuring, how to improve people's livelihoods, and the difficulties of some sectors and companies, and also offered some suggestions. After listening to the economists and entrepreneurs. the premier said the complication of the ongoing global economy had brought along new difficulties to framing and adjusting macro policies. He said it would be difficult to make the right decisions if one was to only "rely on the past experience", or "the wisdom of a few". He said the government would listen to a wide range of opinions in a bid to become "more scientific and democratic" in decision-making, and improve the transparency of decision-making. He added the government's earlier decision to adopt "active" fiscal and "moderately active" monetary policies in response to changing economic conditions had played an important role in bolstering the economy. He asked the State Council and ministries to deliberate on suggestions offered by economists and entrepreneurs for further improvement of macro policies. Vice premiers Li Keqiang, Hui Liangyu, Zhang Dejiang and Wang Qishan, and State Councilor Ma Kai were also present at the meetings. Premier Wen and some vice premiers also inspected enterprises in regions across the country, including the eastern Shanghai Municipality and Zhejiang and Fujian provinces and central Hubei Province, during the interval of the two meetings. Chinese Premier Wen Jiabao (C) holds in-depth talks with entrepreneurs to discuss the current economic situation and the country's macro controls amid government efforts to steer the economy out of trouble against a background of global turmoil in Beijing, capital of China Nov. 25, 2008. The premier held talks with specialists in a wide range of fields at the Zhongnanhai leadership compound in downtown Beijing on Nov. 20 and again on Nov. 25
LIBREVILLE, Nov. 6 (Xinhua) -- Chinese top legislator Wu Bangguo on Thursday afternoon began an official visit to Gabon on the second leg of his five-nation Africa tour. In a written statement released at the airport upon his arrival, Wu, chairman of the Standing Committee of China's National People's Congress, highlighted the rapid growth of the China-Gabon relations in the past 34 years since the two nations forged the diplomatic relations, noting that the purpose of his visit is to promote the bilateral ties to a higher level. Wu Bangguo (L, Front), Chairman of the Standing Committee of China's National People's Congress, is welcomed by President of Gabon's National Assembly Guy Nzouba Ndama as he arrives at Libreville, capital of Gabon, Nov. 6, 2008 Wu is scheduled to meet with Gabonese President El Hadj Omar Bongo Ondimba, Prime Minister and Chief of Government Jean Eyeghe Ndong, Speaker of Senate Rene Radembino Coniquet and hold talks with the President of Gabonese Parliament Guy Nzouba Ndama to exchange views on bilateral relations and other regional and international issues of common concern. The two sides are also expected to sign a series of economic and trade agreements. Wu arrived here after he concluded his official visit to Algeria. After Gabon, he will also visit Ethiopia, Madagascar and Seychelles.

BEIJING, Nov. 17 (Xinhua) -- Chinese President Hu Jintao recently made a site tour in Ansai County, Shaanxi Province, to publicize a campaign for the Scientific Concept of Development. It's an ideology with the same principles of the previous Party leaders' theories known as Mao Zedong Thought, Deng Xiaoping Theory and the Important Thought of "Three Represents". The theories all say the CPC has always represented the most advanced productivity and culture in China, as well as the most fundamental interests of the majority of the Chinese people. During his tour, which took place October 29-31, Hu explained the Scientific Concept of Development which was adopted at the Third Plenary Session of the Seventeenth CPC Central Committee. While talking with villagers in Hougoumen, Ansai County, Hu said the new policies, based on a practice of the Scientific Concept of Development, will bring substantial benefits to farmers by allowing them to lease their rights to contract cultivated land and forests. Undated photo shows General Secretary of the Communist Party of China (CPC) Central Committee Hu Jintao (R), who is also Chinese President and Chairman of the Central Military Commission, chats with a villager during his visit to Hougoumen Village of Yanhewan Town in Ansai County of Yan'an City, northwest China's Shaanxi Province. Leaders of the CPC have visited nine places in the country to find out how well the Party members, officials and common citizens were learning and implementing Scientific Outlook on Development. It is considered an important guiding principle for China's economic and social development. In the past, villagers were not allowed to lease their rights and as a result, their land was left unattended when they went to cities as transient workers. "I believe that with the good policies of the Party and the hard efforts by the villagers, you will lead a better life in the future," said Hu, who is also the general secretary of the CPC and chairman of the Central Military Commission. This is his second visit to Hougoumen Village. On the eve of the traditional Chinese Lunar New Year in 2006, Hu spent the festival night with villagers, having meals and joining in festive activities including a traditional dance. Ansai, a county subordinate to Yan'an City, is Hu's site for the on-the-spot study of the ideological drive. Yan'an served as the capital for the CPC-led revolutionary base during the 1930s-40s, before the Party took over the power in 1949. During his stay in Hougoumen this Oct., Hu learned about new progress made by the leadership of the village's Party branch. The villagers have had their income remarkably increased and their living standards much improved, Hu was told. The village insisted on a Party Member Promise System. All the village cadres and applicants for Party membership are required to make the promise, according to Yang Fengqi, head of the village's Party branch. Hu called the Party Member Promise System a good way to help Party members and cadres display their exemplary role. "We must do what we have promised to do by actions," he stressed. Hu visited a class of the local elementary school and talked with Kang Haifa, a villager whose family spent the 2006 Lunar New Year's eve with the leader at their cave house. Hu encouraged Kang, an agricultural technician, to help villagers with his skills on vegetable planting. While in Ansai, the leader also visited Longshitou and Fangta villages and a rural hospital in Jianhua Town. Showing concern for the heath care of rural people, Hu said the recent Third Plenary Session of the 17th CPC Central Committee decided to form a three-level medical network in the countryside. He said a health center will be set up and perfected for each town or township. During his tour, Hu also visited the county government's complaints reception bureau and talked with officials about rural people's concerns. The officials told him that local villagers mainly cared lawsuits, land confiscation, reclamation of cultivated land to forests and contracting rights for farmland. In meeting with the leader, local officials and villagers informed Hu of current reform of the managerial rights in the tree-planting sector. Now with the new policy, local people are working diligently to manage the forest while protecting the environment and ecology. Hu urged local people to plant more trees in Ansai as it is located on the Loess Plateau, which is vulnerable to ecological damage. At the end of his study trip, the top leader hosted a gathering to hear reports by some local officials who pledged to promote economic development by relying on science and technological progress. In a key-note speech, Hu called for deepening awareness of the ideological drive, correctly understanding the general demands of the Party Central Committee and further promoting the implementation of the Scientific Concept of Development.
BEIJING, Dec. 6 (Xinhua) -- China on Saturday gave further explanation on the proposed reform of fuel tax and pricing in a bid to dispel misunderstanding that a higher consumption tax will mean higher pump prices. The authorities on Friday released a draft reform plan to solicit public opinions till Dec. 12. It had been long advocated by experts as key for energy saving and economic structure transform. The plan, scheduled to take effect on Jan. 1, will abolish six fees now charged for road or waterway maintenance and management. But drivers will pay higher fuel consumption taxes. Gasoline taxes will be raised from 0.2 yuan (about 3 U.S. cents) per liter to 1 yuan and diesel taxes from 0.1 yuan per liter to 0.8 yuan. The government reiterated its Friday's statement that the pump prices, which include the higher tax, won't be raised and the reform won't increase costs for fuel consumers. The tax is reflected in the pump prices and isn't an additional increase to the retail prices, said a joint statement by the National Development and Reform Commission (NDRC), Ministry of Finance, Ministry of Transport and State Administration of Taxation. The proposed tax is lower than the level in the European Union and also in the neighboring countries and regions, it said. The draft said China's domestic crude oil prices should be set directly in line with world prices, but the link should be controlled and indirect for refined petroleum prices. There will be a ceiling on pump prices as part of the plan. The government said it will continue to properly regulate domestic pump prices to prevent the negative impacts of huge fluctuations in the international oil prices on the domestic market. The reform helps to promote a healthy development of the oil sector and energy saving, and to ensure domestic fuel supply and a stable economic growth, said the statement. But it said the government will increase subsidies to farmers, taxi drivers, and sectors of fishing, forestry, and public transport. The reform will be a significant step towards liberalizing retail fuel prices, said researcher Zhou Dadi from the Energy Research Institute of the NDRC. China has been pushing for fuel tax reform for many years, and the idea of a fuel tax was raised as early as 1994. Both officials and economists said the plunge in global oil price presents a window of opportunity for this reform. The world crude oil price has plunged almost 70 percent from a peak of 147 U.S. dollars per barrel in mid-July. Even with oil prices tumbling so much, Chinese drivers are paying much more than those in many other countries because domestic fuel prices have been unchanged since June. Government-set prices are changed only infrequently. The pump prices are higher than the levels in the United States, but lower than that in some European and Asian nations, said the statement. But it noted this is because of oil resource shortages in the European and Asian countries and their intention to use higher prices to encourage energy saving.
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