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BEIJING, Nov. 4 -- China's increasingly voracious investment in overseas markets is helping the global economy - and especially the economies of developing countries - recover from the financial crisis, according to several speakers at the First China Overseas Investment Fair Tuesday.     Chinese officials urged foreign countries to make it easier for that investment to continue to flow by creating a "convenient and fair" environment for Chinese investors.     Outbound investment from China in overseas markets has grown significantly recently, at the same time as investment from traditional big spenders, including the United States and European countries, has slowed.     "China is stepping up its overseas efforts, despite the economic recession worldwide," said Zhang Xiaoqiang, vice-director of the National Development and Reform Commission. "Many of China's companies are active investors."     China's overseas direct investment rose 190 percent year-on-year in the third quarter, bringing the total investment for the first nine months to 32.87 bln U.S. dollars, the Ministry of Commerce announced recently.     That growth has been a blessing for many countries recently, Zhang said.     Jon Huntsman, the US ambassador to China, agreed, saying China's investment was "important in improving and stimulating the world economy".     Huntsman said the US has benefited from the investments of other nations. Between 2003 and 2008, countries invested more than 325 billion dollars in some 4,300 projects in the US.     Huntsman said China was "one of the nations with the fastest growing investment in the US" with an annual growth rate in investment volume of 30 percent throughout the 2004-to-2008 period.     "China is a leading nation in stimulating the revival of developing economies by way of investment," said Taffere Tesfachew, chief of the Office of the Secretary-General under the United Nations Conference on Trade and Development (UNCTAD).     Statistics from UNCTAD shows that in 2008, investment flowing out of the US declined by 18 percent to 312 billion. Flows from EU nations plunged by 30 percent to 837 billion. But emerging economies, and China in particular, increased overseas investment, Tesfachew told China Daily.     Nations and regional areas throughout "Africa and Asia could benefit a lot from it," he added.     F. Marcelle Gairy, Grenada's ambassador to China, said: "We have great sunshine to grow plants and many other advantageous sectors to tap. China has good technology to realize our dreams."     "It is win-win investment," she said.     "China's technology is cheaper, innovative and very useful," added Mifzal Ahmed, advisor on investments for the Maldives' Ministry of Economic Development.     While the UNCTAD forecasts investment outflows from Asia will slow this year, the organization believes the region will still outperform the rest of the world.     "Outflows from China and India are the most noteworthy," said Tesfachew.

BEIJING, Jan. 2 (Xinhua) -- China's National Audit Office (NAO)announced on Saturday that, in 2009, no serious violations were found in the management of reconstruction funds for regions hit by the 2008 Wenchuan earthquake.     Auditors, however, did find some problems in the implementation of post-quake rebuilding plans, distribution of relief funds and management of reconstruction projects, said the NAO.     The NAO has transfered one violation case to the procuratorial organ in 2009. Two people responsible for the violation were arrested and another 11 people were in custody.     The NAO said it and its local offices have already released the auditing results to the public.     Liu Jiayi, chief auditor of the NAO said earlier that they would, in 2010, continue to keep a close eye on the whole process of post-quake rebuilding.

BEIJING, Oct. 25 (Xinhua) -- Chinese Premier Wen Jiabao played a major role in ensuring the success of the meetings related to the Association of Southeast Asian Nations (ASEAN) by putting forward proposals to tackle the financial crisis and enhance regional cooperation, Chinese Foreign Minister Yang Jiechi said Sunday. Wen returned to Beijing Sunday evening after attending the meetings, including the 12th summit between the ASEAN and China (10+1), the 12th summit between the ASEAN and China, Japan and the Republic of Korea (10+3), the fourth East Asia Summit, in Hua Hin of Thailand from Oct. 23 to Oct. 25. Yang noted that Premier Wen put forward a number of proposals and measures, which both tackle the immediate urgent tasks and issues of common concern and take into account long-term strategic planning. These proposals fully indicated China's goodwill, sincerity, and its confidence and willingness for cooperation. Chinese Premier Wen Jiabao attends the 4th East Asia Summit (EAS) in the southern Thai resort town of Hua Hin, Oct. 25, 2009. The 4th East Asia Summit (EAS) opened here on Sunday, where ASEAN (Association of Southeast Asian Nations) leaders and their counterparts from China, Japan, South Korea, India, Australia, and New Zealand met to discuss regional cooperation topics.PROMOTING CHINA-ASEAN COOPERATION China, a firm advocate for regional cooperation, has launched a series of initiatives to strengthen cooperation with the ASEAN, especially following the global financial crisis, said Yang. Wen announced in April that the Chinese government would set up a 10-billion-U.S. dollar "China-ASEAN Fund on Investment Cooperation" to support infrastructure development in the region. Chinese Premier Wen Jiabao (6th L) poses for a group photo with leaders from the Association of Southeast Asian Nations (ASEAN) member states in Hua Hin, Thailand, on Oct. 24, 2009. The 12th ASEAN-China Summit was held here on Saturday. China also plans to offer a credit of 15 billion dollars to ASEAN countries and 270 million yuan (39.5 million dollars) in special aid to less-developed ASEAN countries. During the meetings in Thailand, Wen said the China-ASEAN fund will be available by the end of this year as the fundraising of 1 billion dollars for the first phase is almost completed, said Yang. These and other policy measures will provide timely assistance for ASEAN countries, which were hit hard by the current global financial crisis, added Yang. Meanwhile, the China-ASEAN Free Trade Area would be put in place by 2010 as planned, said Yang. Wen urged the two sides to make the most of it and promote exchanges and cooperation in various sectors between the two sides. For this end, China will host a China-ASEAN Free Trade Area forum next year, set up a portal website with the ASEAN nations, establish economic cooperation zones in the ASEAN nations and remove technical trade barriers, Yang noted. The Chinese premier also raised proposals on enhancing cooperation in various sectors, including infrastructure construction, agriculture, environment protection, new and renewable energies, prevention and control of A/H1N1 influenza as well as promoting social and cultural exchanges, said Yang. The leaders attending the meetings expressed high appreciation of China's commitment to good-neighborly and friendly policies and cooperation with ASEAN countries. They noted that China, taking practical actions to help ASEAN countries overcome difficulties and meet challenges, has served as a major force in maintaining financial and economic stability in the region, and promoting peace and development, said Yang. Therefore, many ASEAN countries expressed willingness to further cooperation with China, he said.

BEIJING, Nov. 11 (Xinhua) -- In cold weather, 45 Japanese war orphans revisiting China to thank their Chinese foster families received a warm welcome in Beijing.     Chinese Premier Wen Jiabao met them, mostly in their seventies, in the Zhongnanhai compound Wednesday. Premier Wen invited the orphans to Zhongnanhai for talks and also accompanied them on a visit to the former residence and office of the late Premier Zhou Enlai inside the compound, who were much concerned about the war orphanage issue. Chinese Premier Wen Jiabao (R) meets with the members of the Japanese war orphans' delegation, who revisit China to thank their Chinese foster families, in Beijing, capital of China, Nov. 11, 2009.    The Japanese orphans were those who had been left behind by their parents after the eight-year Japanese Aggression War against China. More than 2,800 Japanese orphans were adopted by the Chinese people and most of them went back to Japan in the 1980s and 1990s after normalization of bilateral ties. Chinese Premier Wen Jiabao (R3, front) and members of the Japanese war orphans' delegation visit Xihuating, the former residence and office of the late Premier Zhou Enlai, in Beijing, capital of China, Nov. 11, 2009The thanksgiving gathering is organized to express the war orphans' gratitude to their foster families, but the visit is, to some extent, an emotional one as many of their foster parents have died.     "We care about the living conditions of the orphans after they returned back to Japan, and I believe that everybody will live a happy and stable life though their own efforts and by support from the Japanese government and all walks of life," said Wen in talks with the delegation.     Wen said that it was a handful of militarists who were responsible for that war of aggression, and the Japanese people were also victims of the war. Chinese Premier Wen Jiabao (R6, second row) poses with members of the Japanese war orphans' delegation in front of Xihuating, the former residence and office of the late Premier Zhou Enlai, in Beijing, capital of China, Nov. 11, 2009."The Chinese people, despite their own sufferings caused by the war, saved the lives of the orphans and brought them up instead of pouring their hatred on the Japanese people," said Wen.     Wen said the war orphans will feel again the love given by their foster parents and the deep friendship between the Chinese and Japanese people during their visit in China. Chinese Premier Wen Jiabao (R3, front) and members of the Japanese war orphans' delegation visit Xihuating, the former residence and office of the late Premier Zhou Enlai, in Beijing, capital of China, Nov. 11, 2009The war orphans have been active in promoting Japan-China friendship since they returned back to Japan. They raised funds to build a primary school named China-Japan Friendship Hope School in the aftermath of the Sichuan earthquake last year, said Wen.     CALL FOR FRIENDSHIP     History tells us that "peace between China and Japan leads to mutual benefits, and rivalry is damaging to both", said Wen.     China-Japan friendship confirms to the fundamental interests of the two peoples and to develop friendly cooperation is of great significance to Asia, the world as well as the two countries, Wen said. Chinese Premier Wen Jiabao (R) receives an autograph book from the Japanese war orphans' delegation, who revisit China to thank their Chinese foster families, in Beijing, capital of China, Nov. 11, 2009Wen said the two nations should take history as a mirror and look forward to the future in their relations. They should, in the spirit of the four political documents between China and Japan, coexist peacefully, engage in mutually beneficial cooperation, seek common development and lasting friendship, making due contributions to Asian and World peace, stability and prosperity.     Members of the delegation said although they now live in Japan, they still miss their family members and hometowns in China. They are very excited about this trip and would like to continue to work for lasting friendship between the two peoples

BEIJING, Dec. 28 (Xinhua) -- China's anti-graft chief He Guoqiang on Monday called on the discipline inspection agencies dispatched by the Central Commission for Discipline Inspection to make due contributions to the fight against corruption.     The agencies should strengthen the supervision over the leaders of relevant units, further investigate the cases of dereliction, bribery and abuse of power and focus on cases leading to mass incidents and other serious ones, He, head of the commission, said in a meeting in Beijing.     The CCDI agencies played an important role in China's great achievement in fighting against corruption in 2009, said He, a member of the Standing Committee of the Political Bureau of the CPC Central Committee.     Despite the achievements, the unified management of the CCDI agencies is a new thing that need to be improved in practice, he said, urging the agencies to explore new ways in curbing corruption.     He also called on the government organs to support the work of the agencies and help to solve the discipline inspectors' difficulties in life and work.

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