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BEIJING, Oct. 26 (Xinhua) -- Chinese Vice Premier Li Keqiang restated on Monday that the country's quarterly economic growth was quickening and the contribution of domestic demand to economic growth was enhanced. Li made the remarks at the Third International Tax Dialogue (ITD) Global Conference, which opened in Beijing on Monday. Chinese Vice Premier Li Keqiang addresses the opening ceremony of the 3rd International Tax Dialogue Global Conference in Beijing, capital of China, Oct. 26, 2009.China's economy rose 6.1 percent year on year in the first quarter of this year, 7.9 percent in the second quarter and 8.9 percent in the third quarter, according to statistics of the National Bureau of Statistics. "We should maintain the continuity and stability of macro-economic policies while enhance the flexibility and sustainability of these policies," he said. Chinese Vice Premier Li Keqiang (1st L) addresses the opening ceremony of the 3rd International Tax Dialogue Global Conference in Beijing, capital of China, Oct. 26, 2009. Li said the global economic recovery was at a crucial stage and governments around the world were facing both challenges and opportunities in the processes of economic structure adjustment and economic model transfer. He called on the international community to balance the developments of virtual economy and real economy, oppose trade protectionism, provide more supports to developing countries, especially the underdeveloped countries, to promote the all-round, balanced and sustainable development of world economy. The ITD conference was first launched in 2005 and is held every two years. Theme for this year's meeting which would end Wednesday is "Financial Institutions and Instruments - Tax Challenges and Solutions."
ROME, Nov. 16 (Xinhua) -- Chinese Vice Premier Hui Liangyu on Monday proposed a four-point action plan aimed at eradicating world hunger in his address to a world summit on food security. Stressing the fact that the financial crisis has worsened the plight of the poor and the hungry, the Chinese vice premier said the summit, hosted at the UN Food and Agriculture Organization (FAO) headquarters here, was "of special significance to world food security, global economic recovery and sustainable development." In order to overcome the "dual pressure of an international financial crisis and a global food crisis," the first suggestion of the Chinese government was to increase input and raise food production by investing more in agriculture, build up the capability to resist natural disasters and strive for greater self-sufficiency. Chinese Vice Premier Hui Liangyu makes a speech during the United Nations Food and Agriculture Organization (FAO) Summit in Rome, capital of Italy, Nov. 16, 2009. On behalf of the Chinese Government, Hui Liangyu attended the United Nations Food and Agriculture Organization (FAO) Summit which opened Monday Both industrialized and developing countries should in the long run forge their own "blood-generating" capacity, Hui said. He called on developed countries and international organizations to provide developing countries with financial, technological, market and capacity-building assistance. The second Chinese suggestion presented to world leaders at the FAO summit was to "create a sound market environment for mutual benefit and win-win progress," obtainable through the elimination of all sorts of protectionism, the re-launch of the Doha Round negotiations and the reform of global financial governance. "All countries should jointly oppose trade protectionism in all its forms and manifestations and push for a positive outcome of the Doha Round negotiations," he said, urging developed countries to slash agricultural subsidies, remove trade barriers and give greater market access to developing countries. Thirdly, Hui proposed to push forward with the reform of the UN food and agriculture agencies and improve the global governance mechanism in order to rapidly react to crises. "China supports the creation of a food security safeguard system encompassing early warning, emergency relief and regulation functions," he said. Lastly, the Chinese government called for a coordinated and global approach in order to ensure a balanced growth. "Food security is closely related to economic growth, social progress, climate change and energy security," Hui said, adding that global cooperation must be intensified in all sectors because challenges are multiple and interconnected. This is why all countries "should strive for a positive outcome of the upcoming Copenhagen summit on global warming," the Chinese vice premier said. The world summit on food security opened in Rome on Monday. During the three-day event more than 60 heads of state and government will gather to discuss measures to eradicate hunger and ensure food security.

BEIJING, Nov. 17 (Xinhua) -- China and the United States issued a joint statement in Beijing Tuesday, vowing to deepen counter-terrorism consultation and cooperation between the two countries on an equal and mutually beneficial basis. The two sides promised they would boost joint efforts to combat transnational crime and criminal organizations as well as money laundering and the financing of terrorism, including counterfeiting and recovery of illicit funds. Issued after the meeting between Chinese President Hu Jintao and visiting U.S. President Barack Obama, the statement formulated that the two countries would strengthen cooperation on criminal investigations and deepen collaboration in combating embezzlement. Other areas, such as counter-narcotics, control of pre-cursor chemicals and combating unlawful migration, smuggling and human trafficking, are also targeted for more cooperation in the future. The two countries agreed to exchange evidence and intelligence on law enforcement issues in a timely and reciprocal manner, and undertake joint investigations as well as provide investigative assistance on cases of mutual interest, according to the statement. Obama is in Beijing for a four-day state visit to China that started in Shanghai on Sunday night.
BEIJING, Dec. 27 (Xinhua)-- Premier Wen Jiabao admitted Sunday that it'd be good if lending by Chinese banks had not been growing on a too large scale as a result of the government's immediate response to the global financial crisis."It would be good if our bank lending was more balanced, better structured and not on such a large scale," he said in an exclusive interview with Xinhua News Agency. Wen said the State Council had noticed the problem in the middle of the year and moved to correct it. "It has been improving in the second half of this year," he said. Chinese Premier Wen Jiabao (L) smiles during an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009 Credit expansion was one of the "unexpected difficulties" China had encountered in dealing with the worst crisis in decades, Wen said. The State Council had to learn from past experience, detect problems and make persistent efforts to fight the crisis effectively, he said. Wen said it was too early to grade China's performance in tackling the crisis because it was far from over and much work was yet to be completed. He admitted that the State Council had time in the second half of the year to calmly reflect on the problems arising from the emergency response to the economic crisis. The State Council had thoroughly discussed measures to cultivate new economic growth points, especially relating to emerging strategic industries such as the Internet, the green economy, the low-carbon economy, sensor technology and bio-pharmacy, he said. "I think one of the linchpins for the world to overcome the economic crisis is wisdom, and, most importantly, science and technology," he said. Chinese Premier Wen Jiabao (L) shakes hands with Xinhua President Li Congjun before an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009Chinese Premier Wen Jiabao (L) shakes hands with He Ping, Editor-in-Chief of Xinhua News Agency, before an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009
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