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BEIJING, April 22 (Xinhua) -- A leading Chinese government think tank Thursday forecast the country's 2010 economic growth would top the 8-percent target set by the central government by almost 2 percentage points.The Chinese Academy of Social Sciences (CASS) forecast China's gross domestic product (GDP) would expand by 9.9 percent this year, 1.2 percentage points higher than last year's growth rate.Its forecast is higher than the 9.6-percent economic growth predicted by the Asian Development Bank earlier this month.Fixed assets investment would rise 33.3 percent year on year in 2010, said a blue book on China's 2010 economic prospects jointly released by the CASS and the Social Sciences Academic Press.The CASS said a slim chance existed of serious inflation in China this year with the consumer price index (CPI), a main gauge of inflation, growing within a moderate range.The book also said the government should make economic policies more flexible and better targeted over the rest of the year, while mapping out plans to withdraw stimulus measures gradually within the next two years without jeopardizing economic growth.China's GDP grew 11.9 percent year on year in the first quarter to 8.06 trillion yuan (1.19 trillion U.S. dollars) and fixed assets investment rose 25.6 percent to 3.53 trillion yuan during the same period.The country's CPI rose 2.4 percent year on year in March, below the government target limit of 3 percent.

BEIJING, May 19 (Xinhua) -- Major indices of China's large ports mostly pointed to better performance in April with increasing cargo throughput and exports volume, the Ministry of Transport said Wednesday.According to latest figures posted on the ministry's website, China's large sea ports and river ports saw rapid throughput growth in cargo, exported goods volume and containers from January to April.Passenger throughput via large ports, however, fell 18.5 percent from a year earlier to 295 million in the first four months of 2010, the ministry said.Large ports are classified in China as sea ports with an annual cargo throughput above 15 million tonnes and river ports with an annual cargo throughput above 10 million tonnes.From January to April, cargo throughput in those large ports jumped 20.2 percent year on year to about 2.48 billion tonnes, the ministry said.About 206.5 million tonnes of goods were exported via the large ports during the January-April period, up 27.2 percent from a year ago.Container throughput rose 22.4 percent year on year to 436.81 million TEUs in the first four months, according to the ministry.

CAIRO, June 6 (Xinhua) -- Egypt and China pledged to strengthen traditional friendship and enhance their strategic cooperation partnership on Sunday.In a meeting with a Chinese delegation headed by Wang Gang, a member of the Political Bureau of the Communist Party of China Central Committee, Egyptian President Hosni Mubarak said his country thanked China for its long and unswerving support for the just cause of the Arab people.He said Egypt treasured the traditional friendship with China and is willing to exert efforts for further development of Egypt- Chinese ties.Wang conveyed to Mubarak the greetings from Chinese President Hu Jintao.Egyptian President Hosni Mubarak (R) meets with Wang Gang, vice chairman of the Chinese People's Political Consultative Conference National Committee and member of the Political Bureau of the Communist Party of China (CPC) Central Committee, in Cairo, capital of Egypt, June 6, 2010. He said equal treatment, mutual support and close cooperation have always been featuring both the just causes of maintaining national independence and state sovereignty and the great road of national construction and economic development since the two sides established diplomatic ties.Wang, also vice chairman of the Chinese People's Political Consultative Conference National Committee, the country's top political advisory body, added that the relations between China and Egypt can be seen as a good example for the South-South cooperation.China and Egypt established strategic cooperation partnership in 1999. Bilateral trade reached around six billion U.S. dollars in 2009.Wang said China hopes to grasp the opportunity and jointly work with Egypt to consolidate their traditional friendship, expand practical cooperation and enhance the strategic cooperation partnership.The Chinese delegation arrived in Cairo on Saturday for a visit.

BEIJING, May 21 (Xinhua) -- The U.S. commerce chief Friday said the United States would complete its review of the exports control system this summer, without specifying the possibly relaxed controls against exports to China."With respect to our export control reform, we want to have that done by this summer," U.S. Commerce Secretary Gary Locke told reporters during his trade mission to China Friday.Locke is leading a delegation of business executives from American clean energy companies looking to China's fast growing green energy market, the size of which the United States has predicted will be 100 billion U.S. dollars by 2020."We have restrictions on items already readily available from companies around the rest of the world and our restrictions make no sense," Locke said.The United States' 1979 Export Administration Act limits the export sales of some commercial high-technology goods to China.The exports control system, operated by the U.S. Defense Department and the Commerce Department, is widely seen as a major cause for the trade imbalance between China and the United States.U.S. products accounted for 7.5 percent of China's high technology imports last year, down from 18.3 percent in 2001 partly due to the U.S. exports control system, according to China's Commerce Ministry."If the share in 2001 is used as a benchmark, U.S. companies lost at least 33 billion U.S. dollars worth of export opportunities in 2009," Commerce Minister Chen Deming said in March.In a meeting with Locke Thursday, Chinese Deputy Commerce Minister Ma Xiuhong said China-U.S. cooperation would be impaired unless the United States takes substantive measures to ease its restrictions on exports to China.Locke didn't specify which exports are likely to be available to China,citing U.S. national security as the major factor to be considered when reviewing the export control system.Locke stressed restrictions will be eased on some commonly available high-tech goods and strengthened on sensitive technologies with military uses."We need to intensify and increase our protection on some very super-sensitive technologies to make sure that they don't get in the hands of those who want to do America ... harm, especially terrorist organizations," he said."Some of it can be implemented almost immediately while some can be done in a matter of months once there is agreement within the administration on the review," Locke said in response to Xinhua's question on when the new export control system will be in operation.

BEIJING, May 28 (Xinhua) -- Visiting Indian President Pratibha Patil and Chinese Vice President Xi Jinping Friday in Beijing attended a reception to mark the 60th anniversary of the establishment of bilateral ties.In a speech at the reception, Xi said China-India relations had gone beyond their bilateral scope to have global significance as the Asian neighbors both emerged as major players in the developing world."A review of China-India relations over the past 60 years tells us that good-neighborly friendship and mutual beneficial cooperation has always been the mainstream of our relationship," Xi said.Chinese Vice President Xi Jinping (R) attends the Reception to Mark the 60th Anniversary of the Establishment of Diplomatic Relations between China and India with Indian President Pratibha Patil in Beijing, May 28, 2010. He called on both sides to further increase understanding and trust, enhance strategic cooperation and promote sustainable development of bilateral ties.China and India should be partners rather than rivals because the two countries face similar challenges while having common interests on broad issues, he told some 400 delegates from both countries.

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