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BEIJING, Feb. 11 (Xinhua) -- China's State Council, or Cabinet, adopted a stimulus plan Wednesday for the shipbuilding industry at an executive meeting chaired by Premier Wen Jiabao. The meeting said shipbuilding is a modern, comprehensive industry that provides technical equipment for transportation, maritime development and national defense. Supporting shipbuilders would also help other sectors, including steel, chemicals, textiles, light industry, equipment manufacturing and information technology, it said. New orders for domestic shipbuilders are expected to fall to 20-30 million deadweight tons in 2009, compared to 58.18 million deadweight tons in 2008, according to the China Association of National Shipbuilding Industry The meeting agreed to increase credit support by an unspecified amount for ship buyers. It also decided to extend the existing financial support policies for oceangoing vessels until 2012. These policies include tax rebates on key imported components for domestically owned oceangoing ships. It said construction of new docks and the expansion of slipways should be suspended for three years to facilitate industrial restructuring. It also recommended investment in research and development of facilities to build high-technology ships and maritime engineering equipment and promote technical innovation. The meeting also approved a draft plan for fighting drought.
BEIJING, March 3 (Xinhua) -- China's top political advisor Jia Qinglin on Tuesday urged his colleagues from the private sector not to lay off workers to help maintain social stability amid the global economic turmoil. Jia, Chairman of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC), said this in a report delivered at the second session of the 11th CPPCC National Committee, which convened Tuesday at the Great Hall of the People in downtown Beijing. Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), delivers a report on the work of the CPPCC National Committee's Standing Committee at the Great Hall of the People in Beijing, capital of China, March 3, 2009. The Second Session of the 11th CPPCC National Committee opens on Tuesday"National Committee members from the non-public sector of the economy should be encouraged to shoulder their share of social responsibilities," according to the Report on the Work of the Standing Committee of the CPPCC National Committee. "Advisors should try their best to refrain from laying off any employees, cutting salaries or withholding wages, so as to create a harmonious labor relationship," said Jia. The unfolding financial crisis has resulted in mass unemployment in China. Jobless migrant workers alone exceed 20 million, not to mention millions of graduates swarming into the job market every year. The Second Session of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) opens at the Great Hall of the People in Beijing, capital of China, March 3, 2009.A report issued in January by the Ministry of Human Resources and Social Security (MOHRSS) showed that China's urban unemployment rate rose to 4.2 percent at the end of 2008, up 0.2 percentage points year-on-year. The real situation is more serious, as the number of migrant workers and newly graduated college students are not included in the count. Political advisor Wang Junjin, chairman of the Shanghai-based Junyao group, said that the grim economic situation requires people to help each other and share weal and woe. "Employers should nurture good relations with employees. They must also take up greater social responsibility," said Wang. According to media reports, the ongoing CPPCC session and upcoming session of the National People's Congress, China's top legislature, will have deputies and advisors from more than 150 listed companies. These companies account for about 10 percent of the firms listed on the yuan-denominated market. They include executives of large financial companies such as China Life Insurance (Group) Company and Ping An Insurance (Group) Company of China. Jia also urged political advisors from the ethnic minorities and religious circles to play a unique role in the drive for ethnic unity and religious harmony. The top political advisor also expressed support for the government's handling of unrest in Tibet in March last year. "We unequivocally supported the Party and government in dealing with the destructive, disruptive, violent and illegal incidents in Lhasa, Tibet, and other areas in accordance with the law," Jia said. Jia's speech was echoed by members from the religious circle. Advisor Huang Xinyang, president of the Beijing Taoism Association, said that the speech reflects the heartfelt wishes of advisors from the religious circle, who support the ideal of social harmony and national unity. "A handful of separatists who advocate 'Tibet independence' do not represent the people of the religious circle and they are doomed to failure," said Huang. Advisor Ma Guoquan from northwest Ningxia Hui Autonomous Regionsaid: "The religious policy we have now is the most appropriate. Believers have the full freedom to engage in religious activities. There is no reason for making trouble."
HONG KONG, March 14 (Xinhua) -- China may get a more level playing field in terms of self-positioning when dealing with the United States amid the economic downturn, but Chinese leaders should beware of the potential traps behind U.S. flattering, scholars and senior editors said Friday. Speaking at a Financial Times forum on Sino-U.S. relations in Hong Kong, the scholars said they expected the bilateral relationship to remain generally healthy in years ahead as both sides want stability and were pragmatic. China is currently preoccupied with tackling the challenges facing itself, such as the need to further restructure the economy, finding an alternative development model to the export-driven growth of the past decades, and even the pressure of social instability. The decisions made by Chinese leaders in dealing with the current crisis "will set the way for the long-term reinvention of the Chinese economy," said Jonathan Fenby, author of A History of Modern China published by Penguin. China will emerge stronger if it can deal with the issues rightly, he said. Lifen Zhang, editor-in-chief of FTChinese.com, said China does not have the strength to be the economic savior amid the current crisis and should handle self-positioning carefully when dealing with the United States. "There is a lot of flattering going on at the moment, but be careful. What do the Americans really want?" he said, adding that a number of scholars have recently written on the topic. On the top of the U.S. agenda was currently the need to restore confidence and integrity in the world's most developed economic system, which calls for cooperation from China, the world's fastest growing developing economy, said Simon Schama, professor of history at the University of Columbia. But Schama said China should bear in mind that the next election in the United States will be in 2010 and avoid overplaying the leverage in its hand. "What the Chinese government ought to be aware of is not so to overplay in its hands this leverage as to encourage a .. backlash" as the conservatives may seize certain popular issues, including trying to present an image of the Obama administration as being too soft, he said.
BEIJING, April 11 (Xinhua) -- Chinese Premier Wen Jiabao's attendance at the ASEAN-related summits has shown the Chinese government's sincerity, responsibility and confidence in facilitating the East Asian cooperation, Chinese Foreign Minister Yang Jiechi said on Saturday. The summits related to the Association of Southeast Asian Nations (ASEAN) are an important cooperative mechanism in the region. All the participants hope the summits can reach consensus and yield a substantial outcome, he said. Leaders from East Asian countries have shown their confidence in and strong desire for cooperation in jointly tiding over the global financial crisis, despite the fact that the summits were postponed due to Thailand's political situation, Yang said. East Asian countries are facing severe impact of the international financial crisis that is still spreading and deepening, but these countries have a common desire to strengthen cooperation and tide over the difficulties, Yang said. China has always actively advocated and pushed forward the cooperation in East Asia, he emphasized. The ASEAN members had hoped China could play an important role at the summits in pushing forward the cooperation in East Asia, so that the countries could tide over the current difficulties, he said. Premier Wen had planned to make a three-point proposal at the summit for joint efforts to tackle the financial crisis and promote cooperation among East Asian nations, Yang said. Firstly, it's an urgent task to cooperate in addressing the global financial crisis, focus the efforts on resolving the most serious and pressing issues, and try to minimize the negative impact of the crisis as much as possible. Secondly, opportunities should be seized in face of the crisis to make the cooperation in various fields more substantial and vigorous, so as to push forward all-round regional integration. Thirdly, with an eye on the common long-term interests, firm support should be given to the integration process in East Asia so as to promote regional peace and prosperity. Premier Wen had also planned to announce a series of relevant measures at the summits, Yang said. China plans to establish a China-ASEAN investment cooperation fund totaling 10 billion U.S. dollars designed to promote infrastructure construction that will better connect China and the ASEAN nations, Yang said. Over the next three to five years, China plans to offer a credit of 15 billion dollars to ASEAN countries, including loans with preferential terms of 1.7 billion dollars in aid to cooperation projects between the two sides. China also plans to offer 270 million yuan (39.7 million dollars) in special aid to Cambodia, Laos and Myanmar to help those countries overcome difficulties amid crisis, and to inject 50 million dollars into the China-ASEAN Cooperation Fund. China plans to provide 300,000 tons of rice for the emergency East Asia rice reserve to strengthen food security in the region. China will also provide training for 1,000 agricultural technicians for the ASEAN nations in the upcoming three years, offer an extra 2,000 Chinese government scholarships and 200 Master's scholarships for public administration students from the developing member countries of the East Asia Summit over the next five years, and donate 900,000 dollars to the ASEAN Plus Three Cooperation Fund, Yang said. The premier had also intended to exchange views with other leaders on the multilateralization of the Chiang Mai Initiative, the construction of the Asian bond markets, expansion of foreign currency reserve pools, widening bilateral currency swap agreements, and efforts to promote the construction of the ASEAN Plus Three free trade zone. According to previous plans, after the summits, China would sign with ASEAN an investment agreement, which would mark the end of the negotiations on the free trade zone. The China-ASEAN free trade zone, if established in 2010 as planned, would further strengthen relations between China and ASEAN and exert a significant and far-reaching impact on promoting cooperation among East Asian nations, Yang said. He said that it is regrettable that delegates participating in the summits could not enter the venue after thousands of Thai anti-government protesters besieged the venue and blocked roads in Pattaya. Under such a circumstance, the Chinese delegation had shown no fears, waiting in patience and calm, with a hope for the situation to change for the better. Taking a responsible attitude, China has kept contact with Thailand, ASEAN, Japan and South Korea, Yang said. Premier Wen himself communicated and conducted coordination with leaders of relevant countries, making his best efforts even at the last minute, he said. When Thai Prime Minister Abhisit Vejjajiva told Wen over the phone the Thai government's decision to postpone the summits, Wen said that as a friendly neighbor of Thailand and the rotating chairman of the three countries that also include Japan and South Korea, China understands the decision and hoped Thailand will maintain political stability, social harmony and economic growth. According to Yang, the Chinese premier also pledged China's unremitting efforts to push forward the China-Thailand friendly cooperation and China-ASEAN cooperation, as well as the cooperation between China-Japan-South Korea and ASEAN. Wen said that China's policies and measures on furthering bilateral exchanges and cooperation with ASEAN in various fields will not be affected by the postponement of the summits. The Chinese premier reiterated the above stance when meeting some ASEAN leaders at the airport before flying home, saying that as long as conditions are mature for the holding of the summits, China will actively participate in them, Yang said. Wen's sincerity and confidence moved the leaders and were highly appreciated, the Chinese foreign minister noted. Yang said China has genuine willingness, firm determination and concrete actions to boost the East Asian cooperation. Although the ASEAN summit and other related meetings were not held as scheduled, China will keep close contact and consultation with ASEAN and other related countries, and honestly implement the cooperation plans and measures that had been decided, Yang said. China is ready to stand together with East Asian countries in the face of difficulties and help each other to jointly confront the challenges, he said. China believes that after ups and downs, the East Asian cooperation will surely embrace a more prosperous future, Yang concluded.
BOAO, Hainan, April 18 (Xinhua) -- Former U.S. President George. W. Bush said Saturday that East Asia is playing a bigger role in global economy, and the world economic center has moved from Atlantic to Asia Pacific. The Asia Pacific takes up 55 percent of the global economy, and it is of vital interest to stay "heavily engaged" with the countries in the region, he said at a banquet speech held during the Boao Forum for Asia (BFA) annual conference 2009. Former U.S. President George W. Bush gives a keynote speech at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on Saturday. "That's why I have never missed a single APEC meeting when I was in office, because I know how important it is to the prosperity," he said. "The global financial system does need reform, needs greater transparency," he noted. "Accessible banking standard is needed to be in place to prevent over leverage. A better warning system is needed to be put into place to anticipate crisis," he said. Long Yongtu (L), Secretary General of Boao Forum for Asia (BFA), welcomes former U.S. President George W. Bush at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on SaturdayHe said that 20 years ago, a meeting of G7 or G8 was enough to sort out the problems, since they comprised a large share of the global economy. But now they are no longer significantly large, so such a meeting has to expand to 20, said Bush. "We learn lessons from the past that we are intervened in close coordination with each other," he said. As the 43rd U.S. president, Bush spoke out the fact that he had maintained good personal relations with China. He said making friends with Chinese leaders made it easier to do diplomacy. Long Yongtu (L), Secretary General of Boao Forum for Asia (BFA), gives a speech while former U.S. President George W. Bush listens at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on Saturday. He said changes in China are marvelous, and to have discussions without China sitting at the table makes no sense. He stressed the world must resist isolation and protectionism, and must resist the temptation to over-correct. "More we interact, more quickly we can succeed," he said. In mid-March, Bush gave his first speech after leaving office in Calgary of Canada, which stirred up a protest of 200 people and shoe throwing outside the event, according to media reports.