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PISA, Italy, June 5 (Xinhua) -- The Chinese Communist Party's anti-graft chief He Guoqiang arrived here Saturday to start an official goodwill visit to Italy, the first leg of his five-nation tour.He, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made a written statement at the airport upon his arrival.He said both China and Italy are countries with great ancient civilizations, and that the two peoples have enjoyed a long-term friendship.He Guoqiang (R, front), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC, is welcomed upon his arrival in Pisa, Italy, June 5, 2010. He Guoqiang arrived here Saturday to start an official goodwill visit to Italy, the first leg of his five-nation tour.The Sino-Italian comprehensive and strategic partnership has kept developing in recent years, with political trust and trade and economic cooperation between the two countries deepened, and cultural and humanitarian exchanges yielding remarkable results, He said.He also said that all of the advances have not only benefited the two countries and peoples, but also contributed greatly to Sino-Europe cooperation.He, also head of the Central Commission for Discipline Inspection of the CPC, said that China and Italy now enjoy new opportunities to enhance their ties. He said that he hopes during his visit that both sides would exchange views on bilateral relations and other issues of common concern, and boost mutual understanding so as to lift friendly cooperation to a new height.He will later visit Iceland, Norway, Lithuania and Turkmenistan.
TASHKENT, May 1 (Xinhua) -- When and how the exchange rate of Chinese Yuan should be adjusted must be decided by the Chinese government, the president of the Asian Development Bank (ADB) said Saturday.Addressing the opening press conference of the 43rd annual meeting of the ADB's Board of Governors, Haruhiko Kuroda said the yuan issue was "up to the Chinese authorities to decide."Meanwhile, Kuroda also said it was up to Chinese authorities to decide how and when to implement exit strategies.Kuroda acknowledged China played a leading role in the recovery of the Asia-Pacific region from the global financial crisis thanks to the 8.7-percent growth of its gross domestic product (GDP) last year.Haruhiko Kuroda, president of Asian Development Bank (ADB), speaks during a press conference in Tashkent, Uzbekistan, May 1, 2010. ADB began its annual meeting of the Board of Governors in Uzbekistan on Saturday. Kuroda said the Chinese economy would maintain a high growth rate, with a forecast of 9.6 percent of GDP growth this year and 9.1 percent next year.Despite the fact that China's substantial fiscal measures were not the same as those implemented during the crisis, Kuroda believed that sooner or later the government would mull over an exit from these measures given the strong economic growth.Besides China, all Asian countries should carefully time their exit strategies to unwind their anti-crisis fiscal and monetary policy measures, he said.The ADB began its 43rd annual meeting on Saturday with a pivotal focus on poverty, climate change and regional integration. It is the first time the ADB held its annual meeting in a Central Asian state.
BEIJING, May 6 (Xinhua) -- China on Thursday vowed to comprehensively upgrade its friendly and cooperative relations with the United Arab Emirates (UAE)."China attaches great importance to the development of its ties with the UAE and would like to further deepen cooperation in trade, energy, infrastructure construction, culture and law enforcement," said senior Chinese leader Zhou Yongkang in meeting with Sheikh Hazza bin Zayed al-Nahyan, national security advisor of the UAE in Beijing Thursday.Zhou, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said the 26 years since China and the UAE forged diplomatic ties has seen significant development in bilateral relations, with frequent high-level visits, deepening political mutual trust and fruitful pragmatic cooperation.The UAE has been China's second largest trading partner in the Arab world for five consecutive years and is the nation in the Middle East where China sends most commercial and labor service personnel, Zhou said.China highly appreciates the UAE government's support on the issues related to Taiwan, Tibet and Xinjiang, he said.Sheikh Hazza bin Zayed al-Nahyan conveyed a message from UAE President Sheikh Khalifa bin Zayed al-Nahyan to Zhou, saying that the UAE is willing to work with China to promote continuous development of bilateral ties.The security advisor added that he would like to actively enhance UAE-China security cooperation in anti-terrorism.
WASHINGTON, April 21 (Xinhua) -- Powered by strong domestic demand, China's economy is expected to grow by 10 percent in 2010, said the International Monetary Fund (IMF) on Wednesday."In China, GDP growth exceeded the government's 8 percent target in 2009 and is expected to be close to 10 percent in both 2010 and 2011. What has been so far mainly a publicly driven growth path, built on infrastructure investment, is expected to turn toward stronger private consumption and investment," said the IMF in its latest World Economic Outlook report."Boosting domestic consumption will be a priority in China, through improved access to finance for small enterprises and households and stronger corporate governance and social safety nets to reduce precautionary saving," said the IMF.According to the report, in which the IMF said Asia's GDP is projected to grow by 7 percent in both 2010 and 2011, the strength in final domestic demand in China is expected to have positive spillovers for other Asian economies, particularly exporters of commodities and capital goods.In the report, the IMF said "the global recovery has evolved better than expected, with activity recovering at varying speeds, tepidly in many advanced economies but solidly in most emerging and developing economies."The world economy, which declined by 0.6 percent in 2009, will recover gradually in 2010 and 2011, growing by 4.2 percent and 4.3 percent respectively, said the IMF.
BEIJING, May 19 (Xinhua) -- The Chinese government has given priority to the rebuilding and repairing of residential houses during post-quake reconstruction in northwestern Yushu.A 7.1-magnitude earthquake struck Yushu Tibetan Autonomous Prefecture in northwest China's Qinghai Province on April 14, leaving at least 2,200 dead."Houses that are repaired must be repaired in a timely manner. For those that are to be rebuilt, residents' wishes regarding house style must be respected," the statement released after a regular State Council meeting on Wednesday said.The statement noted the difficulties the reconstruction work faces: cold weather, low oxygen-levels, a fragile ecosystem, and inadequate construction resources.According to the statement, the country plans to spend three years finishing the "main reconstruction task."The government vowed to build the "safest and most stable" schools and hospitals in the quake zone while protecting local ethnic and religious cultural heritage.