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BEIJING, July 30 (Xinhua) -- China's gross domestic product (GDP) is expected to expand more than 9 percent in 2010, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday.Yi, also deputy governor of the People's Bank of China, the central bank, made the remarks in an interview with China Reform magazine, which is posted on the SAFE website Friday.China's GDP grew 11.1 percent in the first half of 2010 from the same period of last year.Yi said China's economic growth rate will eventually slow down because its economic base is expanding, while the country's development faces huge pressure in fields of environmental protection, resources and energy."The restriction caused by environmental factors has been unprecedented, such as underground water, air, and carbon emission," Yi said.Yi said the priority of China's economy is the quality of the growth."That's why we have to restructure and transform growth modes -- for improving the growth quality and the efficiency," Yi said.

BEIJING, July 29 (Xinhua) -- The People's Liberation Army (PLA) Navy had conducted a large scale of live-ammunition training exercise in the South China Sea, according to a front-page report on Thursday's PLA Daily newspaper.The exercise, which was carried out on July 26, brought together a large group of warships, submarines and combat aircraft.During the exercise, warships and submarines from the Navy's South China Sea Fleet performed precision strikes on surface targets by firing guided missiles while surface warships conducted anti-missile air defense operations, said the PLA's official newspaper.A naval aviation fleet also participated in air control operations, according to the report, which did not specify the exact location of the training or the number of participating warships.In overseeing the training, General Chen Bingde, PLA's chief of the General Staff, said that the PLA should "pay close attention to the development of situation and tasks" and make "solid preparation for military struggle which depends on massive military training" .

BEIJING, June 10 (Xinhua) -- China's exports surged by 48.5 percent year on year in May, while the imports climbed 48.3 percent, the General Administration of Customs (GAC) announced Thursday.The growth rate for exports was 18.1 percentage points up from the figure for April, and the import growth rate dipped slightly from 49.7 percent reported in April.Exports totalled 131.76 billion U.S. dollars in May, said a statement on the GAS website, adding imports topped 112.23 billion U.S. dollars.Total foreign trade value rose 48.4 percent from a year earlier to 243.99 billion U.S. dollars in May. The figure was even 10.2 percent higher than May 2008 before the global financial crisis began, the statement said. Photo taken on June 8, 2010 shows the colossal chemicals-transport ship of Attilio Ievoli, which is manufactured by the Rushan Shipbuilding Co., Ltd. for export to Italy, taking water at its launching ceremony, at Rushan, east China's Shandong Province. Exports were up 9.2 percent from May in 2008 and imports grew 11.4 percent.From January to May, the total value of foreign trade rose 44 percent year on year to 1.1 trillion U.S. dollars.Exports were up 33.2 percent to 567.74 billion U.S. dollars and imports rose 57.5 percent to 532.35 billion U.S. dollars, said the statement.The trade surplus fell 59.9 percent to 35.39 billion U.S. dollars in the first five months.

GENEVA, July 19 (Xinhua) -- China's top legislator reiterated his country's support for the UN's core role in international affairs and calls for an accelerated process of the UN Millennium Development Goals (MDGs) during a meeting Monday with UN Secretary General Ban Ki-moon.Wu Bangguo, chairman of the Standing Committee of China's National People's Congress (NPC), said China believes the United Nations can play a key role in world affairs.He said China has cooperated well with the organization and it will fulfill its obligations and responsibility while firmly supporting the objectives and principles of the UN charter.Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress (NPC), meets with Secretary-General of the United Nations Ban Ki-Moon in Geneva, Switzerland, July 19, 2010.Wu said the UN MDGs have gained positive achievement since their adoption in 2000. However, he said, the world is facing more pressing and difficult missions to materialize the millennium goals due to the global financial crisis. That, he said, requires the international community to work even harder.Wu said both the ongoing Third World Conference of Speakers of Parliament and the UN summit on MDGs set for September in New York have listed UN MDGs on their agendas, showing international consensus on the issue.Ban said China is playing an ever important role in international affairs and the United Nations expects to conduct deeper cooperation with China.He also said the third world parliament speakers summit was very significant as the UN needs supports from both the executive and legislative bodies of its member states.