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BEIJING, Aug. 11 (Xinhua) -- China's key July economic data adds to the optimism that the world's third largest economy is back on the track to recovery amid the global downturn, though challenges still persist. The July decline compared     MORE POSITIVE CHANGES     Both investment and consumption, two major engines that drive up China's growth, increased, according to statistics the National Bureau of Statistics (NBS) released Tuesday.     Urban fixed-asset investment rose 32.9 percent year on year in the first seven months. Retail sales, the main measure of consumer spending, rose 15.2 percent in July, following a 15 percent growth in June. Graphics shows China's consumer price index from January of 2008 to January of 2009. The CPI was down 1.8 percent in July compared with the same month a year earlier, according to National Bureau of Statistics of China on Aug. 11, 2009Further signs of rebound in private spending supported a sustained growth recovery, Peng Wensheng, analyst at the Barclays Capital, said in an e-mailed statement to Xinhua.     Although exports, another bedrock that fueled China's fast growth in the past few years, fell on a year-on-year basis last month, there were signs of improvement.     China's foreign trade figures were better than they looked on the surface. July exports fell 23 percent from a year earlier, but increased 10.4 percent from June. Imports declined 14.9 percent year on year last month, but rose 8.7 percent month on month.     According to the General Administration of Customs, the country's foreign trade has risen since March measured from month to month, and the trend of recovery had stabilized.     Improvements in these data indicated China's economy was recovering and the government's policies to boost domestic demand and stabilize foreign trade had paid off, said Zhang Yansheng, a researcher with the National Development and Reform Commission (NDRC), the country's economic planner.     Among other statistics released Tuesday, industrial output climbed 10.8 percent in July from a year earlier, quickening from 10.7 percent in June and 8.9 percent in May. Power generation, an important indicator measuring industrial activities, expanded 4.8 percent in July.     Peng expected the country's economic growth to rise above 8 percent in the third quarter this year and 10 percent in the fourth quarter.      　　POLICY STANCE UNCHANGED     Despite these positive changes in China's economy, uncertainties still existed in world economic development and some domestic companies and industries faced difficulties, said Song Li, deputy chief of the Academy of Macroeconomic Research under the NDRC.     As a result, the macro-economic policy orientation should remain unchanged, Song said.     China's economy grew only 7.1 percent in the first half this year. This compared with double-digit annual growth during the 2003-2007 period and also the first two quarters last year.     The government set an annual target of 8 percent for this year's economic growth, which was said essential for expanding employment.     China unveiled a four-trillion-yuan (584.8 billion U.S. dollars) stimulus package and adopted proactive fiscal policy and moderately loose monetary policy to expand domestic demand, hoping increases in investment and consumption would make up for losses from ailing exports.     To stimulate economy, lenders pumped 7.73 trillion yuan of new loans into the economy in the first seven months, the People's Bank of China, the central bank, said Tuesday.     The surge in credit, however, sparked concerns over possible inflation and speculation about a shift in the country's monetary policy.     Economists dispelled such concerns, saying consumer prices were still falling and the growth in new bank loans eased in July.     The consumer price index (CPI), a main gauge of inflation, dipped 1.8 percent in July from a year earlier. The producer price index (PPI), which measures inflation at the wholesale level, fell 8.2 percent year on year last month.     New lending in July cooled to 355.9 billion yuan, less than a quarter of the June total of more than 1.5 trillion yuan.     Premier Wen Jiabao reaffirmed during the weekend that China would unwaveringly adhere to its proactive fiscal and moderate monetary policies in face of economic difficulties and challenges, like ailing exports and industrial overcapacity.     Wen's stance echoed Zhu Zhixin, vice minister in charge of the NDRC, who underscored on Friday that there would be no change in China's macro-economic policy as the overseas market was still severe.     He warned that any change in the macro-economic policy would disturb the recovery or rebound momentum, or even perish the previous efforts and achievements.     "Efforts to keep a stable and fast economic development is the top priority of the country in the second half," he said.

BEIJING, Oct. 8 (Xinhua) -- As more people made return trips to go back home and work, China saw a traffic boom on Thursday. Road transport departments nationwide carried 62.23 million passengers on Thursday, up 9.0 percent over the same day last year, according to the Ministry of Transport (MOT).     In the eight-day holiday, a total of 488 million passengers made journeys by road transport, representing an increase of 6.8 percent over the same period last year. Passengers queue to receive security check at the subway station entrance of Beijing Railway Station in Beijing, capital of China, Oct. 7, 2009. As the National Day holidays are about to end, the railway transportation witnessed a travel peak all over the nation    Some 820,000 medium and large-size busses were put into use from Oct.1 to Oct. 8. Of the total, more than 80,000 were tourism buses.     According to the Civil Aviation Administration, 5.29 million people traveled by air during the holiday, up 7.8 percent over the same period last year.     He Jianzhong, the MOT spokesman said the transport departments made full preparations to cope with the 16th typhoon of this year, "Ketsana", dealing with 4 dangerous cases, involving 44 people.     Marine salvage departments put 72 ships and 12 helicopters into service during the holiday period, said He.

BEIJING, Sept. 20 (Xinhua) -- Chinese President Hu Jintao has urged the Chinese People's Political Consultative Conference (CPPCC) to "continue carrying out its functions of political consultation, democratic supervision, and participation and raising proposals in governance, in a practical and effective way."     The CPPCC should make new contribution to boosting the Reform, Opening-up and Socialist Modernization Drive and the great cause of a peaceful reunification of the Nation, and safeguarding world peace and promoting a common development, said Hu, also general secretary of the Communist Party of China (CPC) Central Committee, at Sunday's gathering here to mark the 60th founding anniversary of the country's political advisory body.     Other Party and State leaders present at the commemorative event were Wu Bangguo, Wen Jiabao, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang, and Zhou Yongkang. The gathering was presided over by Jia Qinglin, chairman of the CPPCC National Committee and member of the Standing Committee of the CPC Central Committee Political Bureau.     In his key-note speech, Hu described the CPPCC as a patriotic United Front of the Chinese people, a major institution of the multiparty cooperation and political consultation under the leadership of the CPC, and a main form to display socialist democracy in the country's political life. Representatives from various fields join a meeting to celebrate the 60th anniversary of the founding of Chinese People's Political Consultative Conference (CPPCC), the country's top political advisory body, in Beijing, China, on Sept. 20, 2009.The CPPCC has had an uncommon experience and great achievements in the past 60 years as it has grown up along with the People's Republic, Hu said.     In September 1949, the first plenary conference of the CPPCC was held in Beijing, and it adopted the Common Guidelines of the CPPCC, which served as a temporary Constitution for the People's Republic, elected the CPPCC National Committee and the Central People's Government of the People's Republic of China (PRC).     Hu emphasized that over the past 60 years, the three-generation CPC leaderships, with Mao Zedong, Deng Xiaoping and Jiang Zemin as the core, respectively, have always given top priority and active support to the work of the CPPCC.     He urged the CPPCC to continue taking a political road of development with Chinese characteristics, making the promotion of the Scientific Concept on Development as its primary job, playing an important role in boosting a harmonious society, making contribution to pushing forward the great cause of a peaceful reunification of the Nation, and stepping up the self-building of its own.     To bring into full play of the CPPCC's role in the country's political life "is of great significance to improving the Party's governing capacity and consolidating the Party's ruling status," said Hu,     Jia, who also addressed the gathering, spoke highly of Hu's speech, noting that it is of guiding importance for bringing into full of the CPPCC's advantages under the new situation.Top Communist Party of China (CPC) and state leaders Hu Jintao (C, 1st row), Wu Bangguo (4th R, 1st row), Wen Jiabao (4th L, 1st row), Jia Qinglin (3rd R, 1st row), Li Changchun (3rd L, 1st row), Xi Jinping (2nd R, 1st row), Li Keqiang (2nd L, 1st row), He Guoqiang (1st R, 1st row) and Zhou Yongkang (1st L, 1st row) attend a meeting to celebrate the 60th anniversary of the founding of Chinese People's Political Consultative Conference (CPPCC), the country's top political advisory body, in Beijing, China, on Sept. 20, 2009.

BEIJING, Sept. 11 (Xinhua) -- The General Office of the Communist Party of China (CPC) Central Committee and the General Office of the State Council issued a collection of slogans Friday for the celebration of the 60th anniversary of the founding of the People's Republic of China.     The collection of 50 catchphrases touches upon issues of political system, economic development, environmental protection, military modernization and national unification.     On the top of the slogan list are "Warmly celebrate the 60th anniversary of the founding of the People's Republic of China!" and "Hail the great success of our country's reform and opening-up and socialist modernization!"     Also on the list are "Put people first, realize, safeguard and develop the fundamental interests of the overwhelming majority of the people!" and "build a socialist harmonious society and promote social equity and justice!"     One of the slogans also advocates the inheritance of fine military tradition that the armed forces should obey the command of the Party and serve the people.     Slogans also include "Adhere to the one China policy and promote the country's great cause of peaceful reunification!" and "Adhere to the independent foreign policy of peace and unswervingly pursue the road of peaceful development!" and "Long live the great unity of all nationalities of China!"     China has planned massive celebrations for the 60th founding anniversary of the people's republic on Oct. 1. The celebrations in downtown Beijing will feature a mass pageant and a military review.

JINAN, Oct. 19 (Xinhua) -- Chinese President Hu Jintao has urged the country's companies to reduce operation costs by speeding up the development of renewable energy and help improve the country's energy structure. "Developing renewable energy vigorously is necessary for taking up the front line in the new round of global energy revolution," said Hu while visiting a wind energy project besides the Bohai Sea during his inspection tour in Shandong Province from Oct. 16 to 19.     The project, when finished, will produce more than 95 million kw of electricity every year and will play an important part in improving the local energy structure.Chinese President Hu Jintao (2nd R), who is also general secretary of the Central Committee of the Communist Party of China and chairman of the Central Military Commission, shakes hands with workers as he inspects a wind power project in east China's Shandong Province, Oct. 18, 2009. Hu Jintao made an inspection tour in Shandong Province from Oct. 16 to 19     After attending the opening ceremony of the 11th Chinese National Games in Jinan, capital city of Shandong, Hu inspected the province on local economic development and Communist Party building.     Hu called upon companies to focus on technical innovation and scientific management to improve their sustainable development. Chinese President Hu Jintao (2nd L, front), who is also general secretary of the Central Committee of the Communist Party of China and chairman of the Central Military Commission, talks to staff members of Shengli oil field, in east China's Shandong Province, Oct. 18, 2009. Hu Jintao made an inspection tour in Shandong Province from Oct. 16 to 19. While visiting the country's large oil base Shengli Oilfield, Hu climbed onto a well drilling platform to meet with the workers. He praised the workers for their hard work and outstanding professional skills.     During an inspection in a paper making company, Hu asked about the methods for emission reduction and encouraged the company to continue to improve recycling economy and put more efforts in environmental protection.     Hu also visited a village called Liujihou in the city of Dongying. The village set up its Communist Party branch in 1925 --one of the four oldest Party branches in the province.     Hu urged Party members in the village to seek benefits for villagers, solve their problems and encourage them to develop modern agriculture in a scientific way.

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