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BEIJING, April 10 (Xinhua)-- China's trade balance turned red in March with the country's first monthly trade deficit in six years, the General Administration of Customs (GAC) said Saturday.China exports were valued at 112.11 billion U.S. dollars in March, up 24.3 percent year on year, while the imports surged 66 percent to 119.35 billion U.S. dollars, resulting in a deficit of 7.24 billion U.S. dollars.The deficit was China's first since it posted a 2.26 billion deficit in April 2004, according to a report released by the GAC.China's total foreign trade rose 42.8 percent year on year to 231.46 billion U.S. dollars in March, according to Customs statistics.In the first quarter, foreign trade rose 44.1 percent to 617.85 billion U.S. dollars, with a surplus of 14.49 billion U.S. dollars though it was down 76.7 percent from the same period of last year.The country's trade surplus hit 23.7 billion U.S. dollars in February.Li Jian, a research fellow with the Research Institute under the Ministry of Commerce, said China's trade surplus had been falling since the start of the year."The deficit in March was just an extension of this trend," Li said.He said China did not purposefully pursue a trade surplus and had adopted a policy of encouraging imports and achieving a trade balance over the years.As the economy improved, any shift in people's expectations towards macro economic policies on liquidity and investment would influence importers' decisions and imported commodity prices, he said."Externally, we need to prudently monitor the world economy to avoid risk of a double-dip recession," he said. "Domestically, we need to focus on economic restructuring and transformation of economic growth pattern based on the stable growth of foreign trade."The GAC attributed the March deficit to shrinking exports of labor-intensive products, surging imports and rising commodity prices."The deficit in March is neither a recession, nor can it be sustained," the GAC said in its report, adding the deficit was small and China had maintained a "basic balance" between imports and exports.
HARBIN, May 16 (Xinhua) -- Seven people were killed, and 98 more injured after a tornado and hailstorm struck northeast China's Heilongjiang Province Saturday, a local official source said Sunday.Altogether 8,502 people were affected, among whom 3,684 were evacuated, after 28 townships of Suihua City, about 120 km from the provincial capital Harbin, were hit by the violent weather from 3:15 p.m. to 5:50 p.m. Saturday, Suihua's emergency response office said in a statement.A total of 1,015 houses were toppled down in the tornado, and Minqiang Village of Gongrong township was hit the hardest, with the roofs of every house being uplifted, it said.Five people of Beilin District and one from Suihua's Lanxi County were killed. The strong wind tore through eight townships of Hailun city under the jurisdiction of Suihua, killing one more people."I was cooking at the outer room when the tornado came. I attempted to close the window, but the wind was so strong and fast that the house collapsed before I could close it," said Wang Junxia, a woman from Xinquan Village of Beilin District, Suihua City.Wang was temporarily buried beneath bricks, but she managed to crawl out of the rubble and saved by the rescuers.Relief work was underway.Two hundred quilts and more than 500 kg of bread were sent to the affected Beilin District.

BEIJING, May 26 (Xinhua) -- The upcoming leaders' meeting of China, Japan and the Republic of Korea (ROK) will map out cooperation in East Asia in the years to come, said Chinese Vice Foreign Minister Zhang Zhijun on Wednesday.Chinese Premier Wen Jiabao will attend the third three-party leaders' meeting of China, the ROK and Japan to be held in Jeju of the ROK from May 29-30."The meeting will look to outline future cooperation, promote political trust, and consolidate cooperation," Zhang said.The Asian economies have recovered from the global financial crisis this year, and this provides a good opportunity for cooperation between China, Japan and the ROK, he said.Zhang said China expects the meeting to map out key areas of cooperation so to support the economic recovery and the construction of East Asian Community, and also to reinforce coordination in regional and international affairs.
BEIJING, April 28 (Xinhua) -- The severe drought in southwest China has broken after six falls of rain in the past month, Chen Zhenlin, spokesman with the China Meteorological Administration (CMA), said here Wednesday.The rain occurred from March 22 to April 26 and ranged from 50 to 100 millimeters.The drought had parched the southern areas of Yunnan Province, the northeast regions of Guizhou Province, and the eastern and southern parts of Guangxi Province, Chen said at a briefing.The drought was among the most severe in decades, having a serious impact on people's lives and economic development.More than 20 million people and 10 million farm animals were affected by water shortages at the drought's peak.The CMA dispatched 28 teams and expert groups to drought-hit areas to enhance drought-relief work and seed clouds after the drought began last autumn.
SHANGHAI, May 1 (Xinhua) -- China's top political advisor Jia Qinglin met foreign guests in Shanghai on Saturday.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, met Palestinian President Mahmoud Abbas, Mongolian President Tsakhia Elbegdorj, former Namibian President Sam Nujoma, and Japanese prime minister's special envoy Yoshito Sengoku, who is also Minister of National Strategies.Having attended the opening ceremony of the Shanghai World Expo on Friday, the four guests expressed their wishes for a successful and unforgettable Expo.During the meeting with Abbas, Jia said the Chinese people have always firmly supported the just cause of the Palestinian people to strive for their legitimate national rights, and the Palestinian people have always stood by the Chinese people.Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Palestinian President Mahmoud Abbas in Shanghai, east China, May 1, 2010.China hopes to join with Palestine to move forward to deepen China-Palestine relations, and continue efforts in promoting Middle East peace negotiations, Jia said.Abbas thanked the Chinese people for their help and support, and said Palestine attached great importance to the Palestine-China relations and would make efforts to consolidate the relationship.He said Palestine would continue firmly supporting China's cause of peaceful reunification.In the meeting with Elbegdorj, Jia said China and Mongolia were friendly neighbors and bilateral ties had developed soundly.The healthy and stable development of bilateral ties was significant for the two nations' development, and conducive to the peace and development in the region, Jia said.China was willing to work with Mongolia to constantly develop ties, bringing more benefits for the two nations and peoples, he said. He also hoped China and Mongolia would take opportunities to enhance cooperation and exchanges and achieve common development.Elbegdorj also expressed willingness to strengthen cooperation and exchanges, and deepen the friendship between the two peoples.When meeting with Sam Nujoma, Jia said exchanges and cooperation between the Communist Party of China (CPC) and Namibia's South West Africa People's Organization (SWAPO) party served as an important political basis for the development of bilateral relations.Jia said the CPC is willing to continue its efforts to enhance friendly exchanges with the SWAPO party and push forward the development of China-Namibia relations. He also said Sam Nujoma's visit to the Expo would consolidate friendship between China and Namibia.Sam Nujoma, also former president of the SWAPO party, said the opening ceremony was unforgettable and believed the Expo would be a grand event for people around the world to promote peace, boost development and pursue progress.Meeting with Yoshito Sengoku, Jia said China-Japan relations have maintained a good momentum for development.The Chinese government is willing to work with Japan to boost the development of the China-Japan strategic relationship of mutual benefit by enhancing high-level mutual trust, deepening mutually beneficial cooperation, expanding people-to-people and cultural exchanges, Jia said.Yoshito Sengoku said Japan is ready to strengthen high-level, people-to-people and cultural exchanges, and deepen cooperation with China in economy, trade, science and technology to further develop ties.
来源:资阳报