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ISLAMABAD, Dec. 18 (Xinhua) -- China and Pakistan signed a number of trade deals worth about 10 billion U.S. dollars, visiting Chinese Premier Wen Jiabao said here Saturday.Addressing the China-Pakistan Business Cooperation Summit in Islamabad, Wen said the deals reflected the huge potential for expanding bilateral economic and trade cooperation.The two sides inked some 20 trade deals during Wen's visit covering projects in the sectors of new energy, agriculture, cotton yarn and non-ferrous metal imports.Chinese Premier Wen Jiabao speaks during the Pakistan-China Business Cooperation Summit in Islamabad, Pakistan, Dec. 18, 2010. A major deal is aimed at developing wind and solar power. Another one is on remote sensing satellite between the Pakistan Space and Upper Atmosphere Research Commission and the China Great Wall Industry Corporation."Currently, the existing difficulties in our trade cooperation are temporary problems, which we could completely overcome with joint efforts," Wen said.The Chinese premier, who arrived here Friday, urged a boost in the scale of bilateral trade and investment. The China-Pakistan trade volume only accounted for one-tenth of Pakistan's overall foreign trade, he said, voicing his hope that the two-way trade could top 10 billion dollars as soon as possible.With regard to trade imbalance, Wen said China understood the concern of Pakistan on the imbalance, and has taken measures to address the issue."China is ready to work closely with Pakistan to push forward the building of a bilateral free trade area in an all-round way, and gradually grant zero-tariff status to more Pakistani products," he said.He vowed to send a trade and investment promotion delegation to Pakistan for purchase purposes at an appropriate time, hold commodity fairs for South Asian countries, and offer favorable terms for Pakistani products.Calling trade cooperation a link for the China-Pakistan cooperation, Wen said the bilateral trade has witnessed remarkable growth and benefited both peoples.Bilateral trade volume increased to 6.8 billion dollars in 2009 from 1 billion dollars in 2000.Though affected by the global financial crisis and natural disasters, the two-way trade in the first 10 months of 2010 reached the total volume of 2009, an increase of 27 percent over the same period of last year, Wen said.
FUZHOU, Nov. 11 (Xinhua)-- Alibaba.com Ltd., operator of China' s largest online-commerce site for businesses, said its paying members in the third quarter exceeded 1 million for the first time, as shown in its unaudited financial figures for the quarter, released on Thursday.Alibaba boasts 56.7 million registered users, 8.2 million storefronts and over 1 million paying members, up by 25 percent, 35 percent and 30 percent respectively, year on year, according to the report."We specifically stepped up our efforts in enforcing a trusted and safe environment in our marketplace by eliminating paying members who committed fraud, as well as those who have a high probability to commit fraud. In this quarter, we terminated about 1,200 Gold Supplier members," said David Wei, chief executive officer of Alibaba.com., as posted on its website.Further, Alibaba's third quarter profit rose by 55 percent to 366.1 million yuan (55.3 million U.S. dollars) from 236 million yuan one year earlier, Alibaba said."Despite the uncertainty and mixed signals in the global economic environment, we are gratified to see our financial growth remained strong during this quarter," said David Wei.

GABORONE, Nov. 20 (Xinhua) -- Chinese Vice President Xi Jinping arrived in Gaborone on Saturday, kicking off his official visit to Botswana.Xi made the visit as a guest of Botswana's Vice President Mompati Merafhe who came to the airport to receive Xi.In his written speech, Xi said Botswana boasts beautiful scenery and has scored marked achievements in securing national unity and economic development.Xi said the China-Botswana relationship is very profound, noting that bilateral friendly cooperation ties have seen smooth and healthy expansion, which benefit the peoples from the two sides.Xi said his current visit is aimed to further consolidate traditional friendship between the two, increase mutual political trust and explore mutual cooperation."I'm looking forward to meeting leaders of Botswana and exchanging views with them on bilateral relations and other issues of common concern," he said.He also said he believed his visit would be a success.Botswana is the final leg of Xi's four-nation trip to Asia and Africa.In 1975, China and Botswana established the diplomatic relations.
BEIJING, Dec. 30 (Xinhua) -- China's Ministry of Civil Affairs (MCA) has ordered measures to offset the impact of inflation on "people with difficulties" to ensure their ability to subsist, especially during the New Year and the Spring Festival.Rising food costs alongside other factors have been driving up China's inflation. For instance, the consumer price index (CPI) increased by 5.1 percent last month, hitting a 28-month high.In a recent notice to local civil affairs authorities, the MCA ordered "effective measures" to minimize the impact of inflation on low-income groups and other groups of people having financial difficulties.Civil affairs authorities should set proper living allowances for these groups by assessing the impact of rising prices on their lives, the notice said.Further, a mechanism that ensures living allowances are raised at the same rate as rising prices should be established, and the amount of living allowances should be raised.The notice also ordered local civil affairs authorities to rescue the homeless in cities and help them throughout the winter.The Spring Festival, also known as the Chinese Lunar New Year, will fall on Feb.3, 2011. It is the most important festival for people of Chinese origin as it is an occasion for reunions of family members, relatives and friends.
ISLAMABAD, Dec. 19 (Xinhua) -- Chinese Premier Wen Jiabao on Sunday called upon top Pakistani lawmakers to strengthen bilateral parliamentary exchanges and help promote the two countries' partnership.During his meeting with Senate Chairman Farooq Hamid Naek and National Assembly Speaker Fehmida Mirza, Wen appreciated the efforts by Pakistani parliamentary political parties to improve their country's relations with China.Beijing encourages the Pakistani parliament to enhance communication with the Chinese side and help bring bilateral pragmatic cooperation to higher levels and more tangible benefits to the two peoples, Wen added.Chinese Premier Wen Jiabao (2nd R) meets with Pakistan's Senate Chairman Farooq Hamid Naek (1st L) and Speaker of Pakistan's National Assembly Fahmida Mirza (1st R) in Islamabad, capital of Pakistan, Dec. 19, 2010.The very objective of his visit, he said, is to demonstrate that China firmly supports Pakistan in post-disaster reconstruction and its efforts to seek economic development and maintain stability. China also asks the international community to extend helping hands to flood-hit Pakistan.Wen said his three-day visit has produced significant results and breathed new life into bilateral relations.Deep-rooted friendship between the two neighbors should be treasured by both nations, said Wen.Calling the Pakistan-China friendship all-around, Naek and Mirza said Pakistan attaches great importance to ties with China.The Pakistani parliament is willing to enhance friendly exchanges with China's National People's Congress and the Chinese People's Political Consultative Conference, and help deepen friendship between the two peoples and consolidate relations between the two countries, they said.
来源:资阳报