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WASHINGTON, Aug. 1 (Xinhua) -- The G20 summit of world leaders in Pittsburgh this September should help promote the world economic recovery, said Chinese Vice Foreign Minister He Yafei recently. During the first coordinating meeting, which kicked off on Thursday, the participanting countries agreed that they should strengthen the coordination and cooperation to help the summit achieve positive and pragmatic outcomes. The Pittsburgh Summit should continue to promote all sides to strengthen the coordination of their macro economic policies and to boost the world economic recovery, said He during the two-day meeting. He also urged the upcoming summit to implement actively the outcomes of the G20 London Summit, to speed up the reforms of the international financial institutions, and to expand the representations of the emerging and developing countries. China hopes the summit will pay more attention to the development issue and to boost the world economy to achieve long-term and sustained growth by promoting common development, said He.
BRUSSELS, Sept. 1 (Xinhua) -- The European Union (EU) should restrain its use of anti-dumping measures against imports from China, the Chinese ambassador to the EU urged on Tuesday, calling for more dialogue and cooperation. "We saw reemergence of anti-dumping cases against China recently. An increasing number of Chinese enterprises received unfair treatment. We are very concerned about this," Song Zhe told the International Trade Committee of the European Parliament, which is newly formed after June elections. "But we believe between China and Europe, there is more cooperation than competition, more opportunities than challenges. At present, it is urgent to strengthen economic and trade cooperation by maintaining mutual flow of trade and investment and creating more business opportunities," he added. Faced with the worst economic crisis in decades, the EU has launched a series of anti-dumping actions against China this year, covering a wide range of Chinese products. As from late July, the 27-nation bloc took five separate decisions in just three weeks. Such a frequent use of anti-dumping probes and punitive duties has been unprecedented. The EU's unusual move leads to concern, especially when the world economy is in recession due to the financial crisis. "We hope the EU will prevent this uncontrolled development of anti-dumping. We also hope to strengthen dialogue and refrain from arbitrary use of anti-dumping measures for the sake of further cooperation opportunities," Song said. He said that China has been opposed to any form of protectionism, especially in the current financial crisis which needs cooperation among world governments rather than protection. In his address to EU lawmakers, Song noted that economic and trade cooperation has always been an important part of China-EU relations, which he said are becoming more mature and stable in recent decades. Currently, China and the EU are one of the most important trade partners to each other. Bilateral trade volume reached 425.6 billion U.S. dollars in 2008 from 2.4 billion dollars in 1975, an increase of 176 times, according to Song. Mutual investment also started from scratch and now the EU have made a total investment of 63.9 billion U.S. dollars and operating more than 20,000 companies in China. In recent years, Chinese companies are beginning to invest actively in Europe. The sustained and rapid development of China-EU economic and trade cooperation has created huge benefit to both sides and helps promote closer bilateral relationship. However, Song acknowledged the China-EU trade and investment have no escape from the current global financial crisis. "In the first seven months, bilateral trade volume fell by 20.7percent and the EU investment in China fell by 4.8 percent. China-EU trade and economic relations are facing severe test," he said. Despite the difficulties, Song referred to the bright sides. He said the economic stimulus plans implemented by China and the EU provide enterprises of both sides with new business opportunities, while both markets contain great potential in the wake of the crisis. But Song stressed unless China and the EU make efforts to defuse friction and contradictions, to strengthen consultation and cooperation and seek mutual benefit and win-win results, the great potential can not be translated into reality. He said China and the EU should have a strategic perspective on the long-term development of bilateral relations and make sure that temporary issue does not affect the mainstream of cooperation. Challenged by an EU lawmaker on the EU's trade deficit with China, which is a major concern for the 27-nation bloc, Song said it has been caused by various reasons and China is working on that. "The trade imbalance is caused by many reasons, including the international industrial transfer and thus the relocation of trade. China's trade policy is not the cause," he said. "Nevertheless, in recent years, the Chinese government adopted a series of measures to encourage more imports, such as import promotion activities, greater facilitation of imports, sending purchasing groups and so on." Separately, a senior official of the Chinese Ministry of Commerce said in Beijing on Monday that China's trade surplus with the EU for 2009 will be less than last year. Song said in order to solve problems arising from expanding trade relations, China and the EU should uphold the principle of mutual openness and mutual benefit, maintain and improve the existing communication and coordination mechanisms, and give full play to complementary advantages of both economies.

BRUSSELS, Oct. 7 (Xinhua) -- China will work with Belgium to improve political trust and substantial cooperation to make new progress in bilateral ties, Chinese Vice President Xi Jinping said here Wednesday. During talks with Belgian Prime Minister Herman Van Rompuy, Xi put forward a four-point proposal to cement bilateral ties: -- To maintain high-level contacts and political dialogues. China welcomes King Albert II to participate in the 2010 Shanghai Expo and hopes the governments, parliaments and political parties of the two countries to increase exchanges for more understanding and trust; -- To consider the core interests and concerns of each other. China hopes the two sides would deal with the bilateral relations from a strategic and long-term perspective, properly handle disputes based on principles of mutual respect, equal treatment and noninterference in each other's internal affairs, to enhance the development of the bilateral ties in a healthy and stable way; Chinese Vice President Xi Jinping (L) shakes hands with Belgian Prime Minister Herman Van Rompuy, during their talks in Brussels, capital of Belgium, on Oct. 7, 2009. Xi Jinping arrived here on Wednesday to begin a five-nation European tour -- To actively boost tangible cooperation, including investment and technological cooperation. China welcomes Belgian companies to invest in China and encourages its own entrepreneurs to do business in Belgium; -- To increase human and culture exchanges. China will further promote exchanges with Belgium in various sectors including culture, education and tourism. Chinese Vice President Xi Jinping (2nd L) holds talks with Belgian Prime Minister Herman Van Rompuy (4th R) in Brussels, capital of Belgium, on Oct. 7, 2009. Xi Jinping arrived here on Wednesday to begin a five-nation European tourVan Rompuy said Belgium would work with China to push forward exchanges and cooperation in all areas. He spoke highly of China's stance in handling the current global financial crisis and the climate change, and pledged to strengthen coordination with China on regional and international issues. He reaffirmed that Belgium would always adhere to the one-China policy and the principle of noninterference in other country's internal affairs, and would not support any separatist activities. Following the talks, Xi and Van Rompuy attended the signing ceremony of a number of agreements on science, finance and trade cooperation. Xi arrived here Wednesday afternoon for an official visit to Belgium, the first leg of his European tour. He will also visit Germany, Bulgaria, Hungary and Romania.
BEIJING, Aug. 4 (Xinhua) -- China's Supreme People's Court issued a new regulation Tuesday to encourage parties involved in conflicts to mediate for resolution. The regulation is in response to a rapid increase in lawsuits during the past two years. It clarifies transitional procedures for parties to cease actions in the people's courts and turn instead to industrial or community mediation. The move is an attempt to bring social organizations into play at an action's early stage to ease public discontent and prevent aggravation of resentment and tension. It is in accord with the new objective of a harmonious society outlined by the Communist Party of China and the government. According to the court's statistics, lawsuits for criminal, civil affairs and administrative issues submitted to courts around the country in 2007 increased by 7 percent from 2006 to 5,550,062 cases. The courts handled 6,288,831 lawsuits in 2008, 13.31 percent up from 2007. "Entering a transitional period of development, Chinese society is encountering an increasing number of new contradictions and problems it has never before experienced," said court spokesman Sun Jungong Tuesday. "Mediation bodies need to be strengthened to make a bigger contribution to the resolution of disputes," he said. The regulation means agreements achieved in arbitration or mediation by administrative bodies, mercantile organizations and industrial groups will have the same force in law as those judged by the people's courts. "The courts at all levels should guide mediation and arbitration methods in a scientific, fair and rational way as well as act as supervisors and executors of agreements," said Jiang Huiling, vice director of the SPC's judicial reform office.
BEIJING, Sept. 5 (Xinhua) -- The Chinese economy is experiencing a "V" shape recovery and the growth rate may reach 8 percent both this year and next year, said Chinese economist Fan Gang said here Saturday. Fan, a monetary policy adviser to China's central bank, said at the 2009 annual conference of CEO in Beijing, that the economy will see a sustainable recovery and will be back to normal in 2011,according to a report of the China News Service. He predicted that the real estate investment will increase by around 30 percent in 2010, which will add one percentage point to economic growth. Corporate investment is expected to grow prominently next year and as the global trade is warming up, Chinese export, which still enjoys the cost advantage, will recover. "After the economy is back to normal in 2010, the government will adjust the macro-economic policy. But before that happens, the current stimulus policy should stay to sustain the recovery," he said. Fan said people should adjust their expectation of economic growth and not regard recovery simply as a double-digit growth. A growth grate of 8 percent to 9 percent is sustainable growth.
来源:资阳报