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BEIJING, Oct. 23 (Xinhua) -- Chinese Premier Wen Jiabao expressed his hope for a continuously improving Beijing Film Academy in a handwritten congratulatory letter to the leading Chinese film school, dubbed the "cradle of China's filmmakers", as it celebrated its 60th founding anniversary on Saturday.State Councilor Liu Yandong also sent a congratulatory letter to the school, urging it to significantly improve the artists' originality and the integrity of the school's students.The Beijing Film Academy is the only school on the Chinese mainland that specializes in the study of cinematography. Its long list of prominent graduates includes many of the country's most important directors and popular movie celebrities.Among these directors are Zhang Yimou, winner of the top award at the Venice Film Festival and Chen Kaige, the only Chinese mainland director ever to win the top prize at Festival de Cannes.
BEIJING, Oct. 16 (Xinhua) - China's gross domestic product (GDP) will grow about 9 percent next year, but the economy will be challenged by rising labor costs, liquidity problems and difficulty in sustaining rapid growth in the long run, a senior researcher at the country's top think-tank said Saturday.Liu Shijin, deputy director of the Development Research Center of the State Council, or China's Cabinet, spoke at the OTO Fortune Forum held by the Bank of Communications.As for the year 2010, Liu predicted an annual 10-percent GDP growth due to the economic slowdown in China during the second half of the year.He said China's exports and investments would be much better in 2011 than this year, but the growth rate of consumption would pull back slightly from this year's boom, making 9 percent growth "very likely".To keep its economy on track for sustained growth, however, China still faces three major challenges in the long term, according to Liu's research."The first challenge comes from the rapid rise of labor costs in the country," Liu said, warning: "The competitiveness of Chinese companies will be threatened by rising labor costs unless they find a new source of growth, such as innovation."The second challenge is from liquidity as China's currency, the renminbi, and other non-U.S. dollar currencies are under forced appreciation pressure following the Federal Reserve's considering a new round of quantitative easing of the monetary policy, he said.The greenback, which serves as the world's reserve currency, tumbled against most major currencies this week on expected easing move by the Federal Reserve to pump more money into the U.S. economy next month.Meanwhile, China's economic stimulus package also injected excessive liquidity into the market, pushing up prices of commodities, equities and other land-related assets or resources, he added.The third major challenge concerns whether China can maintain its quick economic expansion in the future, he said.According to Liu's forecast, in the next three to five years China's GDP growth will slow to a moderate speed of around 7 percent from its current 10 percent."Actually, we don't have to be too worried about an economy with moderate expansion," he said, "because the current economic growth is too high for China."
SHANGHAI, Sept. 10 (Xinhua) -- Top Chinese political advisor Jia Qinglin on Friday called for broader and deeper exchanges between the mainland and Taiwan, and stressed the role of cultural exchanges.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks in Shanghai at a forum of social groups of Taiwan compatriots.Historic changes have been achieved in cross-Strait relations in recent years along with a series of positive results, and a favorable situation of peaceful development has emerged, Jia said.He said the fields of exchanges should be expanded to promote cross-Strait exchanges.He welcomed more Taiwan compatriots to visit the Chinese mainland in the future to enhance their understanding of the mainland's social and economic development, and encouraged more mainlanders to travel to Taiwan, especially to the central and southern parts of the island.He also hoped that compatriots home and abroad would participate and promote cross-Strait exchanges and benefit from them.The top political advisor also said cultural exchanges must be enhanced.Both sides across the Strait should work together to promote the Chinese culture and increase its influence.Lien Chan, honorary chairman of the Kuomintang Party (KMT), said at the forum that it was not easy to achieve the current peaceful, stable and rapidly developing state of cross-Strait relations.He urged both sides to cherish such a historic opportunity and lay the groundwork for peace, prosperity and sustainable development across the Strait.
NANNING, Oct. 19 (Xinhua) -- China and member states on the Association of Southeast Asian Nations (ASEAN) are seeking new cooperation opportunities at the 7th China-ASEAN Expo while reviewing fruitful results from more than nine months' operation of China-ASEAN free trade area (CAFTA).The 7th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit, with the theme of free trade and new opportunities, opens Tuesday in Nanning, capital of south China's Guangxi Zhuang Autonomous Region.Buoyed by the zero-tariff framework under the CAFTA, more than 2,000 enterprises from home and abroad are taking part in the 7th CAEXPO, which has 4,600 exhibition booths. Jia Qinglin (C Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, announces the opening of the 7th China-ASEAN Expo (CAEXPO) in Nanning, capital of southwest China's Guangxi Zhuang Autonomous Region, Oct. 19, 2010.Top Chinese political advisor Jia Qinglin, Indonesian Vice President Boediono, and other high-ranking officials, businessmen and scholars from China and the 10 ASEAN nations also gathered in the southern Chinese city to attend the opening of the expo and the summit.The much-anticipated CAFTA was formally launched on Jan.1, 2010. With a population of 1.9 billion and a combined gross domestic product (GDP) of 6 trillion US dollars, the CAFTA ranks as the world's third largest trade zone following North American FTA and the European FTA.From January to September, the two-way trade volume reached 211.3 billion U.S. dollars, up 44 percent year-on-year, an eye-catching growth as the world economy just saw a turnaround after the financial crisis.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), said in a keynote speech at the opening ceremony of the summit that cementing and reinforcing the China-ASEAN strategic partnership is in the common interests of the two sides.