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ROME, May 21 (Xinhua) -- China's top legislator Wu Bangguo met with Italian President Giorgio Napolitano here on Thursday afternoon, and the two leaders exchanged views on how to address the current global financial crisis. Wu, chairman of the Standing Committee of the National People's Congress (NPC), the top Chinese legislature, said China is positive about the results of the London G20 summit and appreciates the efficient efforts that Italy has made in preparation for the dialogue meeting between the leaders of G20 countries and five major developing countries (8+5 dialogue). Wu Bangguo (L), chairman of the Standing Committee of the National People's Congress of China, talks with Italian President Giorgio Napolitano in Rome, May 21, 2009. Wu emphasized that against the background that the financial crisis continues to spread in the world, the international community should strengthen cooperation by implementing the consensus of the G20 summit, curbing the slide of economy and opposing protectionism. In the meantime, the international community should push forward reform of the international financial system and establish a new order of world economy. Napolitano agreed with Wu's comment, saying that the global impact of financial crisis proved the increasingly close links among different economies. He said global challenges call for a globalized resolution. Italy is ready to strengthen cooperation with China and other developing countries at the 8+5 dialogue. Napolitano stressed that Italy will join hands with China to firmly oppose trade protectionism and address the international financial crisis. On China-EU relations, Wu said a strong Europe and a developing China share broad common interest and can contribute to world peace and development. He said China supports the integration process of the European Union, adding that the EU should play an active role in regional and international affairs. Wu said China places great importance on developing relations with the EU. He expressed the wish to deepen practical cooperation in all fields and expand trade and investment. He said the two sides should carry out dialogues and communication on major issues on the basis of mutual respect of sovereignty and non-interference in each other's internal affairs. Napolitano said as an important member of the EU, Italy is ready to play a constructive role in the regional bloc and help push for a healthy, stable development of EU-China relations. Napolitano said China's development will not only benefit the Chinese people, but also contribute to peace and development of the world. Wu said that China is still a developing country, with its per capita GDP ranking below 100th place in the world. He said China will continue to focus on development by working on economic restructuring and industry upgrading. China has adopted composite measures to address both current difficulties and long-term need so as to achieve all-round, balanced and sustainable development. Wu is on an official goodwill visit to Italy.
BEIJING, April 23 (Xinhua) -- Chinese Premier Wen Jiabao, an avid reader, encouraged citizens to read more and be studious and selective in their reading on World Reading Day, which fell on Thursday. Wen made the remarks when visiting a branch of the Commercial Press and the National Library in Beijing Thursday. Books are the crystallization of human wisdom and reading is important in promoting an individual's accomplishments and state of mind, improving citizens' quality and strength, and shaping a country's future, he said when visiting the National Library. Chinese Premier Wen Jiabao (2nd R) views a treasure collected by the National Library in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright DayThere's no hope for individuals and the nation if citizens do not read, he said. When talking to the young people in the library, Wen said people should find time to read. An individual could at least spare half an hour reading about three to four pages, and hence reading more than one hundred pages in a month and several books in a year, he said. He said the promotion of reading was significant amid an unprecedented global financial crisis. Overcoming this crisis requires not only material power, but also spiritual power. He said fundamentally, it needs people, the power of knowledge and scientific and technological revolution to conquer this financial crisis. Chinese Premier Wen Jiabao (2nd R Front) shakes hands with a staff member of the Commercial Press in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright Day. Reading warm people's hearts and boost their confidence, he said. He also advised readers to be selective, choosing books from insightful writers and those that were well-written, as well as those that had stood the test of time. Books can not change the world, but people change the world by changing themselves through reading, he said. He said he would love to see every passenger holding a book on hand when riding subways. "I always believe that knowledge gives people not only strength, but also security and happiness," he said. When visiting a branch store of the Commercial Press, Wen spoke highly of the role of publication. Without the publishing sector, culture cannot be inherited, scientific exploration would be halted and the historical records would not exist, he said. He also urged efforts to publish more classical works. A good book requires the writers to have rich experience, insightful minds and noble languages, and editors with strong sense of social responsibility and a working style of preciseness, he said. When talking to the English editors of the press, he said the Chinese publishers should not only take the role of promoting the construction of Chinese civilization, but also help spread the world's civilizations. Wen is fond of reading and has often quoted Chinese poets and proverbs during press conferences. Chinese Premier Wen Jiabao (C Front) views a treasure collected by the National Library in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright Day

BEIJING, May 22 (Xinhua) -- The Chinese mainland will send a sports delegation to participate in the 2009 World Games to be held in Kaohsiung, a southern coastal city of Taiwan. Liu Peng, chairman of the Chinese Olympic Committee (COC), said athletes from nine associations of the COC will compete in the games. He made the promise during his meeting with Kaohsiung City Mayor Chen Chu in Beijing Friday. The mainland will also send an observation delegation to the games, Liu said, adding that sports is a medium and bridge which connects people on both sides of the Taiwan Straits. Chen Chu said her delegation hoped to learn from the successful experience of the Beijing Olympic Games. She led a promotion team for the 2009 World Games to the mainland on Thursday. The games will be held from July 16 to 26.
BEIJING, July 8 (Xinhua)-- China's gross domestic product (GDP) growth in the second quarter this year is forecast to accelerate close to 7.8 percent, Goldman Sachs Asia and the Beijing-based Gaohua Securities Company said in a report Wednesday. "The figure is above our previous forecast of 7.0 percent year on year," said Song Yu, one author of the report and Goldman Sachs Asia's economist on China's macro-economy. According to the report, economic performance of China in June will show robust improvements, with the industrial output expected to rise about 10 percent in June from 8.9 percent in May. Fixed asset investment in June is forecast to grow 42 percent year on year, up from 38.7 percent in May. Exports is expected to decline 22 percent in June from a year earlier, smaller from a 26.4 percent dip in May, while imports may post a eased drop at 18.0 percent from a 25.2 percent fall in May. The consumer price index is expected to fall 1.5 percent in June from a year ago, compared with a 1.4 percent drop in May. Producer price index would decline 7.6 percent year on year, compared with a slide of 7.2 percent in May. Zhou Xiaochun, governor of the country's central bank, said in late June that the second quarter is expected to be better than the first, when the gross domestic product grew 6.1 percent. The National Bureau of Statistics said in June that China's GDP will grow close to eight percent in the second quarter. China is due to release its second-quarter GDP data in mid-July.
BRUSSELS, April 28 (Xinhua) -- Senior officials and scholars from the European Union (EU) and China held a conference here, urging the two sides to enhance cooperation dedicated to seeking a global solution to the financial crisis. "After the financial crisis hit us, we stood closer, supported each other and worked together for an early recovery of our economy and that of the world. We become tightly bound more than ever before," Chinese ambassador to the EU Song Zhe said in a keynote speech at the conference in the European Parliament on Monday. "We have every reason to cooperate," Song said, adding China and the EU have converging interest and share common responsibility. Sino-EU relations has experienced slight derailing last year, as China postponed a summit with the EU due to French President Nicolas Sarkozy's decision to meet the ** Lama when France held the EU presidency. Relations appeared back on track in the face of the global financial crisis. Early this year, Chinese Premier Wen Jiabao visited Europe on a Journey of Confidence. Later during the G20 summit in London early this month, President Hu Jintao met a number of European leaders to consolidate mutual trust. In an effort to build a joint front against the financial and economic crisis, a trade and investment delegation from China last month struck multi-billion-U.S.-dollar deals with European companies to boost trade. Chinese Vice Premier Wang Qishan is scheduled to visit Brussels next week for high-level economic dialogues with EU counterparts. The 11th China-EU Summit will be held in Prague in mid-May, as the Czech Republic is holding the current EU presidency. The EU is the biggest organization of developed countries and China is the biggest developing country, Song said, adding bilateral relationship takes on greater global and strategic importance. Antonie Quero-Mussot, deputy head of cabinet of EU Commissioner for economic and monetary affairs, noted that cooperation between the EU, China and beyond is a necessary condition for a solution to the global financial crisis. "Without the dialogue not only between the EU and China, but also between all the major economies... there will not be a solution to the crisis," he said. His remark was echoed by Mei Zhaorong, former president of Chinese People's Institute of Foreign Affairs. "We can not solve the problem alone but have to work together," Mei said at the conference. He also downplayed the possibility of a G2 framework, under which the United States and China are expected to have a joint central role of leading the world out of the crisis. "We are not of the opinion that we alone with the U.S. can solve the problem," Mei said, "I do not think Europe like that opinion either." "I think the current form of G20 are far better. We should look at developing countries and emerging economies," he added.
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