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BEIJING, Sept. 1 (Xinhua) -- Chinese government Wednesday announced guidelines designed to boost the development of home services industry across the country, vowing financial support and tax cuts."The home services industry plays an important role in creating jobs. It also improves people's living standards and expands domestic demand, helping adjust China's economic structure," said a statement issued after an executive meeting of the State Council, China's Cabinet, presided over by Chinese Premier Wen Jiabao.The government will prioritize development of housekeeping services, community services, senior citizen care, and home care for the sick to meet the basic needs of families, the statement said.Delivery of household necessities and home education may also be developed in line with local conditions to meet the special needs of households, the statement added.The government encourages business people to invest in the home services industry to nurture a domestic home services market, it said.The statement also said public employment service providers must improve their services and offer free career counseling for home service providers.The government also promised to intensify supervision of home service companies to safeguard consumer rights.It also promised to take measures to safeguard service providers' rights to reasonable salaries.
XIAMEN, Sept. 7 (Xinhua) -- The Second World Investment Forum (WIF), seeking to offer insights on the balance between investment and sustainable development, opened Tuesday in Xiamen, in southeast China's Fujian Province.With the theme "Investment for Sustainable Development," the forum is organized by the United Nations Conference on Trade and Development (UNCTAD) and has attracted more than 1,500 overseas investors, policymakers and international organization representatives."International investment is high on the agenda of global policy-making," United Nations Secretary-General Ban Ki-Moon said in a video message to the forum.Despite the recovery of worldwide capital flows since the downturn in 2009, Ban said, the recovery remained fragile and the consequences of climate change were "increasingly clear.""We must work together to advance responsible investment and corporate sustainability," said Ban.He urged governments and businesses to make investments that better stimulated economic activity while promoting energy efficiency and green technology.He stressed the critical role of private investment in the spread of environment friendly practices and in reaching the UN's Millennium Development Goals (MDGs).Established in 2000, the MDGs are eight development goals to be achieved by 2015. Agreed to by UN member states, the goals include time-bound targets for reducing extreme poverty and child mortality rates, fighting disease epidemics, promoting gender equality, education and environmental sustainability.The forum participants include World Trade Organization Director-General Pascal Lamy and senior officials from many countries.The high-profile list "demonstrates the importance that international investment has gained as an engine of growth and development," UNCTAD Secretary-General Supachai Panitchpakdi said at the opening ceremony.The four-day forum would examine the challenges and opportunities for global investment in the post-crisis economy.He urged "a new generation of investment policies" to promote a transformation towards a low carbon economy.The forum also features presentations from countries showcasing climate change-related investment projects.Energy and drilling companies and engineering firms from Iceland will also attend the event to contribute their experience on the use of clean energy."The abundance of clean energy is the main reason why Iceland is... an attractive investment location for foreign companies," said Olafur Ragnar Grimsson, President of Iceland.Iceland had based all its electricity production and space heating on clean energy.However, Grimsson recalled that before the 1970s, more than 80 percent of energy in Iceland came from imported coal and oil."The climate crisis is primarily a call for a fundamental energy revolution, a comprehensive transformation from fossil fuel to green energy sources such as solar, wind, geothermal, hydro and biomass sources," he said.Chinese Vice President Xi Jinping delivered a keynote speech at the opening ceremony.The three-day forum will include conferences on the impact of investment on sustainable development; how stock exchanges can promote sustainable business practices; and the need for a recognized set of principles for borrowers and lenders that promotes sustainable debt and credit conditions.Also included is a ministerial round table that will address investment policy coherence in the post-crisis environment.
CHANGCHUN, Nov. 3 (Xinhua) -- Chinese Vice Premier Zhang Dejiang met with a delegation of the Democratic People's Republic of Korea (DPRK), led by Premier Choe Yong Rim, who paid a visit to China's northeast region.Zhang said China will make joint efforts with the DPRK to expand and deepen bilateral exchanges and cooperation and promote the China-DPRK friendship to a new height so as to benefit both countries and peoples as well as contribute to regional peace, stability and development.Chinese Vice Premier Zhang Dejiang (R) shakes hands with the Democratic People's Republic of Korea(DPRK) Premier Choe Yong Rim during their meeting in Changcun, northeast China's Jilin Province, Nov. 3, 2010.The Chinese government supports the expansion of cooperation and joint development between the DPRK and China's northeast region, which borders the DPRK and has close associations with the country, Zhang said.Choe congratulated China on its economic and social development, saying that the DPRK was willing to draw experience from China and further strengthen its exchanges and cooperation with the country.
BRUSSELS, Oct. 7 (Xinhua) -- Visiting Chinese Premier Wen Jiabao has elaborated China's positions and perspectives on various issues, including the Chinese yuan appreciation and the investment environment, at the sixth China-Europe Business Summit and other occasions.At the business summit held Wednesday, Wen said China's trade surplus was explained by the specific structures of the economies involved in international trade instead of the exchange rate of the yuan."The trade issue should not be politicized. It is an issue of the (trade) structure," the premier said.He said China was never in pursuit of trade surplus, but in pursuit of balanced and sustainable trade. Chinese Premier Wen Jiabao addresses the 6th China-European Union Business Summit in Brussels, capital of Belgium, Oct. 6, 2010.The world will by no means benefit from an appreciation of the yuan by 20 percent to 40 percent -- as the U.S. has demanded -- because it will damage the Chinese economy, and the Chinese economy contributed about 50 percent of the global economic growth last year, according to him.Wen urged the European entrepreneurs not to pressure China on the yuan's appreciation, saying China "will stick fast to the exchange rate reform. We will gradually allow more flexibility in the yuan exchane exchange rate."He assured European investors of a good investment environment in China, saying China would stick to its reform and opening up policiesHe said foreign businesses operating in China will enjoy the same national treatment as Chinese enterprises do on issues related to intellectual property, independent innovation, and government procurement.Also on Wednesday, Premier Wen attended the 13th China-EU Summit, co-chaired by him, European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso.
NEW YORK, Oct. 28 (Xinhua) -- For Lin Xuewen, secretary-general of United Chinese Associations of Eastern U.S., "incredible" is the best word to describe his experiences at the Shanghai World Expo."It was incredible to see the video played in the multimedia exhibition of the China Pavilion about China's vast migration from rural to urban areas over the past 30 years. I felt so overwhelmed by the incredible changes as if I was riding a time machine. Truly amazing," recalled Lin.Lin has been living in New York for more than three decades. He went to China to attend the Shanghai Expo in May. He said the rapid urban development in Shanghai was "incredible.""Look at the skyscrapers along the streets and skyline at night. It is even better than the New York City night view," he said.The biennial Expo opened on May 1 in Shanghai for a six-month run under the theme of "Better City, Better Life," with some 190 countries and 50 international organizations participating.The number of visitors to the Shanghai World Expo has exceeded 70 million, breaking the previous record set during the 1970 Osaka World Expo in Japan, which attracted 64 million people.The China Pavilion, named "The Crown of the East," has become increasingly popular since the opening of the World Expo, with a daily average of 50,000 visitors.