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BEIJING, June 27 (Xinhua) -- China always opposes trade protectionism and will not take protectionist actions against overseas companies or foreign goods, Minister of Commerce Chen Deming said here Friday. He made the remarks when he met the Minister of Knowledge Economy of the Republic of Korea (ROK), Lee Youn Ho. Chen said that media reports were incorrect when they equated China's latest circular to boost domestic demand and step up supervision on construction projects with protectionism. Chen said in China's government procurement, the term "domestic products" also include products produced by legally established foreign-funded companies in China. "China applied to join the World Trade Organization's agreement on government procurement a couple of years ago, which allowed member countries to bid on each other's government tenders." Chen said. "We hope China might join the agreement soon so as to further open up the government procurement market," he said. "China would like to maintain stable development in economic and trade cooperation with the ROK," Chen said. Lee said that China's trade policies were fair and transparent, and his country would like to work with China to oppose trade protectionism.
XI'AN, June 13 (Xinhua) -- Chinese archaeologists started a new excavation of the famous terracotta army site Saturday, hoping to find more clay figures and unravel some of the mysteries left behind by the "First Emperor." It was the third excavation in the pit -- the first and largest of three pits at the site near Xi'an, capital of northwestern Shaanxi Province -- since 1974 when the terracotta army was discovered by peasants digging a well. Archaeologists work at the excavation site of No. 1 pit of the Terra-cotta Warriors and Horses of Emperor Qin Shihuang, in Xi'an, capital of northwest China's Shaanxi Province, June 13, 2009. Archeologists began the third large-scale excavation of the Terra-cotta Warriors on June 13, China's fourth Cultural Heritage Day, after a halt of over 20 years.FIRST DAY: "BETTER THAN THOUGHT" The new dig began at 1 p.m. Saturday, which marks the country's fourth Cultural Heritage Day, and it lasted about five hours on the first day. "The most important discovery today is two four-horse chariots that are standing in tandem very closely," said Cao Wei, deputy curator of the Qinshihuang Terracotta Warriors and Horses Museum. "It is the first time for us to find such an existence in the excavation history," Cao said. Photo taken on June 13, 2009 shows the excavation site of No. 1 pit of the Terra-cotta Warriors and Horses of Emperor Qin Shihuang, in Xi'an, capital of northwest China's Shaanxi Province.In addition, another important discovery was that a few newly-unearthed terracotta warriors were richly colored. Archaeologists soon used plastic sheets to cover them for protection. Richly colored clay figures were unearthed from the mausoleum of Qinshihuang in the Qin Dynasty (221 B.C.- 207 B.C.), the first emperor of a united China, in previous excavations, but once they were exposed to the air they began to lose their luster and turn an oxidized grey. "From what we have excavated today, the preservation of the cultural relics is better than thought," said Xu Weihong, head of the excavation team. Photo taken on June 13, 2009 shows the excavation site of No. 1 pit of the Terra-cotta Warriors and Horses of Emperor Qin Shihuang, in Xi'an, capital of northwest China's Shaanxi Province. "Take for instance, the discovery of the richly colored terracotta warriors gave us great confidence. I believe the future excavation will go smoothly," Xu said. The 230 by 62-meter pit was believed to contain about 6,000 life-sized terracotta figures, more than 1,000 of which were found in previous excavations, said Wu Yongqi, museum curator. The State Administration of Cultural Heritage has approved the museum's dig of 200 square meters of the site this year, Wu said. Archaeologists work at the excavation site of No. 1 pit of the Terra-cotta Warriors and Horses of Emperor Qin Shihuang, in Xi'an, capital of northwest China's Shaanxi Province, June 13, 2009.Also Saturday, deputy curator Cao told reporters that the state ministration has approved a five-year excavation plan submitted by the museum. "We plan to dig about 2,000 square meters in the coming five years," Cao said. NEW DISCOVERIES EXPECTED Archaeologists hoped they might find a clay figure that appeared to be "in command" of the huge underground army, said Liu Zhancheng, head of the archeological team under the terracotta museum. "We're hoping to find a clay figure that represented a high-ranking army officer, for example," he told Xinhua earlier. Liu and his colleagues are also hoping to ascertain the success of decades of preservation efforts to keep the undiscovered terracotta figures intact and retain their original colors. Most experts believe the pit houses a rectangular army of archers, infantrymen and charioteers that the emperor hoped would help him rule in the afterlife. But Liu Jiusheng, a Chinese historian in Xi'an, claims it was an army of servants and bodyguards rather than warriors. His argument is still not widely accepted by other terracotta experts. The army is still known to most Chinese people as the "terracotta warriors and horses." The army was one of the greatest archeological finds of modern times. It was discovered in Lintong county, 35 km east of Xi'an, in 1974 by peasants who were digging a well. The first formal excavation of the site lasted for six years from 1978 to 1984 and produced 1,087 clay figures. A second excavation, in 1985, lasted a year and was cut short for technical reasons. The discovery, listed as a world heritage site by UNESCO in December 1987, has turned Xi'an into one of China's major tourist attractions.

TAIPEI, June 4 (Xinhua) -- A Chinese mainland business delegation signed deals to purchase Taiwan products worth more than 2.2 billion U.S. dollars after a four-day visit to the island, it was announced Thursday. Orders involving 827 million dollars of products would be filled by July, and products worth of 1.4 billion dollars would be delivered by the end of this year, said Li Shuilin, head of the delegation. On their shopping list are LCD (liquid crystal display) equipment, spare parts for mobile phones and computers, plastic and chemical products, textiles and handcrafts, he said. The group, organized by the Mainland Association for Cross-Strait Economic and Trade Exchanges, comprised about 80 representatives of 35 companies, including IT and home appliance giants Lenovo, Haier, Changhong and ZTE. Their buying spree was seen as a symbolic step to expand trade ties between the mainland and Taiwan and to offset the effects of the global economic downturn. The mainland businesses held talks with more than 300 Taiwan firms in Taipei and Kaohsiung to learn more about their products and market potential in the mainland. They also discussed how to use their reciprocal advantages to reinforce manufacturing capacities of both the mainland and Taiwan, Li said. Also on Thursday, telecommunication industries on both sides of the Taiwan Strait agreed to tap mobile telecommunication markets, particularly the mainland's newly-launched 3G (third generation mobile telecommunication) market. A total of 17 telecommunication service providers and 30 equipment manufacturers of the mainland were invited to attend a forum in Taipei this week. Datang Telecom, a mainland telecommunication equipment vendor, signed an agreement on cooperation with Taiwan's Industrial Technology Research Institute (ITRI). They will discuss the possibility of a pilot network in Taiwan using Datang's TD-SCDMA 3G mobile telecommunications standard. "We see a lot of opportunities for cooperation as the mainland is fast developing its 3G market," said Liu Liqing, chairman of the China Association of Communications Enterprises. Johnsee Lee, president of the ITRI, also said the discussions would help local equipment producers better understand the market potential and industrial standards in the mainland.
BEIJING, May 19 (Xinhua) -- China and Brazil issued a joint communique on Tuesday to boost their strategic partnership as Brazilian president visited Beijing. Chinese President Hu Jintao and his Brazilian counterpart Luiz Inacio Lula da Silva agreed that both countries have enjoyed fruitful cooperation since forging diplomatic ties 35 years ago, the communique said. They believed it is of great significance to further facilitate China-Brazil strategic partnership at the current stage. The two countries signed cooperative agreements in politics, law, science, space ,finance, port, energy and agricultural products, among others. Lula da Silva reiterated in the communique his country's adherence to the one-China policy and admitted that the People's Republic of China is the sole legal government of China and Taiwan is a part of China. President Hu highly appreciated that. Chinese President Hu Jintao (R) shakes hands with his Brazilian counterpart Luiz Inacio Lula da Silva after signing the joint communique at the Great Hall of the People in Beijing, capital of China, May 19, 2009. The two sides emphasized the important role of bilateral high-level coordination and cooperation committee in guiding the relations in all sectors. The two countries agreed to maintain high-level visits, and strengthen strategic blueprint on Sino-Brazilian ties through bilateral mechanisms such as strategic dialogue, political consultation between the two foreign ministries and parliamentary bodies. They agreed to hold their second strategic dialogue in the latter half of this year, the communique said. The two leaders decided to map out a joint action plan from 2010 to 2014, which would cover all the fields of existing bilateral cooperation. Chinese President Hu Jintao (3rd L) holds talks with his Brazilian counterpart Luiz Inacio Lula da Silva (3rd R) at the Great Hall of the People in Beijing, capital of China, May 19, 2009.They expressed their satisfaction over the enhanced bilateral economic and trade cooperation, and promised to further promote the diversified trade and growth of bilateral trade. Hu and Lula da Silva reiterated it is of great importance to maintain economic growth and strengthen bilateral trade amid the international financial crisis. They vow to promote cooperation and dispel obstruction in the fields of custom and quality control, to ensure safety and provide convenience to bilateral trade. Both sides encouraged relevant departments and enterprises to carry out investments in the fields of infrastructure construction, energy, mineral, agriculture, industry, and high-tech industries. According to the communique, the two sides are willing to strengthen dialogues on macro-economy policies within the mechanism of bilateral financial ministers' dialogue. The two countries agreed that science and technology played a strategic role in their economic development and competitiveness. They expressed their satisfaction over signing a science and technology and innovation cooperation plan. The two presidents agreed to increase space cooperation and continue joint work on satellite research. China and Brazil in 1988 launched an earth resources exploring satellite program known as CBERS, and three satellites have so far been launched. The information collected by the satellites was offered to other developing countries for free. The project was considered a technology cooperation model between the developing countries. The two sides also agreed to expand cooperation in education, culture, press, tourism and sports. China welcomes Brazil to set up a general consulate in Guangzhou, capital city of south China's Guangdong Province, the document said. Brazil will participate in the 2010 World Expo in Shanghai, and the president wished the World Expo a complete success, according to the communique. The two developing nations agreed to keep close contacts within the frameworks of the Group of Five(G5) and the BRIC (Brazil, Russia, India and China), and enhance coordination with other developing countries, to increase the participation and voices of developing countries in international affairs. Hu and Lula da Silva believe and the two countries have taken "important" measures to tackle the global economic downturn, and made positive contribution to maintain respective economic growth and global economic recovery, the communique said. Chinese Vice Premier Zhang Dejiang (4th R) and Brazilian President Luiz Inacio Lula da Silva (4th L) attend a seminar on the new opportunities of the China-Brazil strategic partnership, in Beijing, capital of China, May 19, 2009. A seminar on the new opportunities of the China-Brazil strategic partnership was held in Beijing May 19. The two presidents proposed deepening the ongoing reform of the International Monetary Fund and the World Bank, in a bid to increase representation and voice of the developing world. They also called on international financial organizations to offer more resource aid to developing countries hit more severely by the global slump, it said. Both sides underscored the significance of the G20 London Summit in fighting the global downturn, calling on the international community to implement the consensus reached during the summit and promote the international financial system reform. According to the communique, the two countries opposed protectionism as a means to survive the crisis. They expected to enhance coordination and cooperation within the World Trade Organization and promote an early conclusion of Doha Round negotiation. Hu accepted Lula da Silva's invitation for him to visit Brazil at a convenient time.
BEIJING, May 23 (Xinhua) -- China unveiled Saturday credit rating standards for the sovereignty entity of a central government, the first sovereign credit rating standards in China, aiming broader participation in global credit rating. The standards were announced by Dagong Global Credit Rating Co., Ltd, one of the first domestic rating agencies in China. The sovereign credit rating standards would be able to evaluate the willingness and ability of a central government to repay its commercial financial debts as stipulated in contracts, said the company. The rating results could reflect the relative possibility of a central government to default as a debtor, and the rating is based on the country's overall credit value, according to Dagong. Elements of credit risks will include the country's political environment, economic power, fiscal status, foreign debt and liquidity, said the company, adding that it judges the credit of a sovereign entity on the basis of a comprehensive evaluation of its fiscal strength and foreign reserves. Compared with other rating agencies, Dagong pays more attention to the different economic stage of each country, and examines the features of its credit risks in a holistic and systematic view, according to Dagong. Jiang Yong, director of the Center for Economic Security Studies under the China Institutes of Contemporary International Relations, said the financial crisis exposed a risk of the international society relying solely on the credit rating institutions of a single country, which is the largest risk of the world economy. Luo Ping, head of the training center under China Banking Regulatory Commission, said the launch of the sovereign credit rating standards would help improve the transparency of credit rating information, and would strengthen China's position in the international financial arena.
来源:资阳报