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BEIJING, Feb. 22 -- The Chinese central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference.According to sources with knowledge of the new policy, it intends that Chinese-brand passenger vehicles will comprise at least half of vehicle sales by 2015 and sedans made by entirely domestic automakers will have about 40 percent of the nation's car market.Statistics from the China Association of Automobile Manufacturers (CAAM) show that 4.58 million Chinese-brand passenger vehicles were sold last year, some 44.3 percent of the total. Through an acquisition deal with Aviation Industry Corp last year, Chang'an Auto closed the biggest asset deal between State-owned auto enterprisesSales of domestic sedans hit 2.22 million units, almost 30 percent of the segment.The new policy will also focus on accelerating consolidation between automakers and could lead to a new round of reshuffling, industry insiders said.China became the world's largest auto producer and market last year with both production and sales surpassing 13.5 million vehicles due in part to government incentives.There are now more than 130 carmakers across the country, but most of them are small enterprises with annual production and sales of fewer than 10,000 units.Only five had sales of more than 1 million units last year as the country's top 10 carmakers moved a total of 11.89 million vehicles to account for 87 percent of overall sales, according to market data.Consolidation movesLast year, Chang'an Motor Corp acquired two minivan makers - Hafei and Changhe - as well as engine producer Dong'an Auto from the Aviation Industry Corp of China (AVIC), marking the biggest asset deal ever between State-owned auto companies.Chang'an is the fourth-largest motor group in China and the local partner of US carmaker Ford Motor and Japan's Mazda and Suzuki. After the acquisition, Chang'an's 2009 sales were only 30,000 units behind Dongfeng, the country's third-largest motor group.Guangzhou Automobile Group Corp, the country's sixth-biggest automaker, bought a 29 percent stake of Shanghai-listed SUV maker Changfeng Motor Co Ltd for 1 billion yuan in May last year.Beijing Automobile Industry Holding Corp, China's fifth-largest carmaker, reportedly finalized a deal last month to buy a 40 percent stake in Daimler AG's van joint venture with Fujian Motor Industry Corp.By 2012 policymakers hope consolidation will result in two to three large-scale auto groups, each with annual production capacity surpassing 2 million units, and four to five companies with annual output of more than 1 million vehicles, according to the national auto industry revitalization plan released in March last year.The current top-four Chinese motor groups are SAIC Motor Corp, FAW Group, Dongfeng Motor and Chang'an Motor. Carmakers including Beijing Automobile, Guangzhou Automobile, Chery, Geely and Sinotruk form the second tier in the country's auto industry.Going globalLi Yizhong, minister of Industry and Information Technology, said recently that in addition to fueling industry consolidation, the government will also implement measures to encourage domestic automakers in reaching overseas this year through investment, acquisition of foreign brands, building research and development facilities and developing sales networks.Industry sources said that the new policy calls for 20 percent of overall sales by major auto groups to be generated overseas in the next few years.In the wake of the financial crisis, China's vehicle exports fell sharply by 45.7 percent to 369,600 units last year, according to statistics from the General Administration of Customs. Industry analysts generally expect a rebound in car shipments this year as the foreign markets begin to recover.Despite the poor export performance, Chinese companies were aggressive in acquiring overseas assets in 2009.Homegrown carmaker Geely's bid for Swedish luxury brand Volvo received a lot of media exposure in 2009. The Zhejiang-based company will reportedly close the deal soon.Beijing Automotive bought some of Swedish carmaker Saab's core assets and technologies for 0 million last year.Li noted that along with encouraging acquisitions and consolidation, the government will restrain overcapacity in the auto industry.Li also said that the ministry will accelerate the development of new energy vehicles, including hybrid, pure electric and fuel battery models.The new policy will reportedly stipulate that Chinese partners hold at least a 50 percent share in newly built Sino-foreign joint ventures that produce core parts for alternative-energy vehicles.

BEIJING, March 11 (Xinhua) -- China's export is witnessing a steady recovery as shown by February figures, but uncertainties in the external market could still hamper the revival, political advisors said here Thursday.China's exports grew for the third straight month in February, up 45.7 percent year on year to 94.52 billion U.S. dollars, the General Administration of Customs announced Wednesday.The dramatic increase was a result of a lower comparison basis last year, said Ju Yalian, a member of the National Committee of Chinese People's Political Consultative Conference (CPPCC) and also a senior foreign trade official in the eastern Zhejiang Province, one of the country's key export regions."But compared with figures in the corresponding period in 2008, when China's foreign trade was yet to be hit by the global financial crisis, we could still see a remarkable increase," she said on the sidelines of the ongoing annual session of the CPPCC National Committee, the top political advisory body.China's exports rose 8.2 percent in February from two years ago while imports were up 9.8 percent.The increase indicated the country's continued economic recovery, and a trend of recovery in foreign trade, she said.However, Ju warned that the recovery in export could bring pressure of yuan appreciation and possible trade disputes.Liang Yaowen, head of the Department of Foreign Trade and Economic Cooperation of Guangdong, China's southern export powerhouse, also said that the condition is not "so optimistic", noting that China's foreign trade in February dropped 11.5 percent month on month.Commerce Minister Chen Deming said Saturday China's exports may need two or three years to return to the pre-crisis level, as "global recovery is still haunted by uncertainties.""Now it is still too early to say exports will see full-year growth this year," he said on the sidelines of the annual session of the National People's Congress (NPC), the country's top legislature.

BEIJING, March 4 (Xinhua) -- Overseas media have widely reported China's measures to maintain social and economic development, after the annual session of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) opened Wednesday.The session outlined plans to keep the steady and fast development of economy, narrow the gap between city and country, and adjust income distribution pattern.The AP said that CPPCC National Committee Chairman Jia Qinglin said in a work report "2010 is a crucial year for China to respond to the impact of the global financial crisis and maintain steady and rapid economic development."The annual session of China's legislature, the National People's Congress (NPC), which opens Friday, was expected to "give a full airing to hot-button issues such as soaring real estate prices in many Chinese cities," it said.The Chinese government, which released a budget and work plan for the year, was expected to boost spending on education, pensions and medical care, continuing a push begun in the past decade to strengthen a tattered social safety net, it said.The annual plenary sessions of the NPC and the CPPCC National Committee are known as China's "two sessions."The AFP said China opened its annual parliamentary season Wednesday with a call from the Chinese leadership to keep up economic growth, maintain social stability and tackle a yawning urban-rural income gap.The two gatherings were the Chinese leadership's chance to showcase its efforts to tackle the key challenges facing the country, and economic concerns looked set to top that list, it said.Online, The Wall Street Journal Asia Edition said in an article the NPC's annual session would kick off Friday and this year's theme "naturally" was the economy.In a talk with China's netizens last week, Premier Wen Jiabao said "while it is the government's responsibility to expand the 'pie' of national wealth, it is the government's conscience to distribute it in an adequate manner," the article said.The Yonhap news agency said the Chinese government was speeding up its economic transformation after the global financial crisis because it realised it could not overcome future crises with its current economic structure dominated by cheap exports. China should keep a balanced development of service sectors and agriculture, and nurture the domestic market, it said. Economic transformation would be one of the hot topics of this year's NPC, it said.Yonhap said, although the Chinese economy was gradually recovering, China faced some serious problems, such as the widening urban-rural gap.China recently focused on migrant workers, eyeing the new generation of migrant workers born in the 1990s, and would discuss the making of the medium- and long-term layout for migrant workers.The Wall Street Journal said, while the 2009 NPC was obsessed with attaining an 8 percent growth rate, the priority for this year's session was to ensure a more equitable distribution of national income.A commentary on the website of Singapore's Lianhe Zaobao said that, from the perspective of China's economic development, it was in accordance with the needs of expanding China's consumption and transforming its economic growth mode for the country to gradually annul the dualistic structure between city and countryside, promote urbanization, scrap social welfare policies that discriminated against farmers, and ensure farmers' equal rights with urban dwellers.One of the major reasons for the long-term inequality between city and countryside was China didn't have a big enough "pie" to ensure the fair distribution of interests, it said.Canada's leading public policy magazine Policy Options said in a commentary that the Chinese leadership was paying more and more attention to the demands of the poor in remote regions.From the list of the central government's financial expenditures, it could be found that the government would heavily invest on infrastructure development and maintenance, medical reforms, poverty reduction and education, it said.

SHANGHAI, Jan. 22 (Xinhua) -- China's top political advisor Jia Qinglin Thursday called on Shanghai World Expo organizers to be determined to stage a successful, brilliant and memorable event.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks at a ceremony hosted here to mark the 100-day countdown for the six-month-long mega event.  Jia Qinglin (front), chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, delivers a speech as he attends a mobilization meeting of the World Expo 2010 in Shanghai, east China, Jan. 21, 2010. Shanghai Expo entered its 100-day countdown on Jan. 21. The ceremony was attended by more than 6,000 people including members from the Expo organizing committee, volunteers, security staff, participating enterprises and sponsors.Jia said, the Expo would witness the remarkable improvement of China's economic strength, scientific and technological strength and international status.The expo would boost economic and cultural exchanges between China and the world, and be conducive to the recovery of world economy, said Jia. Jia Qinglin (C), chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, attends a mobilization meeting of the World Expo 2010 in Shanghai, east China, Jan. 21, 2010. Shanghai Expo entered its 100-day countdown on Jan. 21.Jia called for stepped-up efforts to ensure prompt completion of all venues, seamless security work and quality services.In a separate meeting, Chinese Vice Premier Wang Qishan called for vigilance in the preparations for the Expo. "Organizers should detect problems and deal with them in a timely manner."Wang is also head of Shanghai World Expo Organizing Committee.The 2010 Shanghai World Expo is scheduled for May 1 to Oct. 31. To date, 192 countries and 50 international organizations have confirmed their participation in the global feast that presents latest advances of architecture and engineering worldwide.

DAVOS, Switzerland, Jan. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang on Thursday called for international efforts to promote the sound recovery and sustained development of the world economy in the post-crisis era.In a keynote speech delivered at the annual meeting of the World Economic Forum in the eastern Swiss ski resort of Davos, Li said the theme of the meeting "Rethink, Redesign, Rebuild" embodies the spirit of cooperation and innovation to discuss means of world economic development in the post-crisis era.He introduced the measures China had taken to deal with the international financial crisis, its achievements and China's intended follow-up economic policies.The vice premier said the crisis did not change the fundamentals and long-term positive trend of China's economic development.Chinese Vice Premier Li Keqiang delivers a speech in the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, Jan. 28, 2010"Last year, we acted with resolve and confronted challenges head-on, and succeeded in ensuring steady and fast economic growth. As we draw plans for this year, we are confident that we can stay on top of the complicated situation and maintain steady and fast growth of the Chinese economy," said Li."Looking ahead, we are well positioned to achieve long-term, fast and steady economic growth."China needs to follow a scientific outlook on development -- accelerating essential transformation of economic growth pattern, intensifying strategic adjustment of economic structure and endeavoring to explore new development models, he told the world's leading business executives and political leaders.As a responsible and big developing country, China will stick to its unswerving path of peaceful development and mutually beneficial opening-up strategy, work together with other countries to promote the building of a harmonious world with sustained peace and common prosperity, he said.The international community had scored initial achievements by working together to cope with the financial crisis, which struck over a year ago, he said.Countries, whose fates are closely connected with each other, should further share responsibility and enhance cooperation under the complicated situation.Chinese Vice Premier Li Keqiang delivers a speech in the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, Jan. 28, 2010. Li laid out a five-point proposal regarding world economic recovery and sustained development in the post-crisis era."First, we should continue to work together and prevail over the crisis. In a globalized world, the economies of all countries are interdependent and mutually reinforcing," said the Chinese vice premier.The policies of one country can well impact those of others. Only when global economic recovery is achieved can the recovery of national economies be secured, he said.The recent concerted responses by various countries have reduced the severe impact of the international financial crisis and prevented the occurrence of a serious recession, he said.The crisis is not over yet and the foundation for economic recovery is still weak. Continued cooperation among countries is needed to avoid twists and turns and reduce risks in the course of recovery, said Li."Second, we should promote more open market," Li said. The international community should firmly fight protectionist practices, translate commitments into real actions and continue to advance trade and investment liberalization and facilitation, he added."Third, we should promote balanced development of the world," said Li. Efforts should be made to strengthen South-South cooperation and North-South cooperation, improve international mechanisms to promote balanced development, scale up assistance to developing countries and realize the UN Millennium Development Goals on schedule so as to deliver the benefits of development to people in all countries."Fourth, we should jointly tackle major challenges. This is our urgent task if we want to ensure sound recovery and sustained development of the world economy," he said.The international community should coordinate actions to meet global challenges like climate change, energy security, food security, public health security and major natural disasters, he said."Fifth, we should improve the structure of global governance," Li said. It is universally recognized that there is a need to improve current structures and develop a more fair and efficient structure of global governance that reflects changes in the global political and economic landscape.The principle of equal participation and inclusive cooperation should be followed in improving global governance. It is imperative to raise the voice and representation of developing countries, said Li.Chinese Vice Premier Li Keqiang delivers a speech in the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, Jan. 28, 2010A country's right to choose its own development model should be respected, and the primary role of the United Nations and relevant agencies and the constructive role of the Group of 20 should be given a better play, he said.