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L'AQUILA, Italy, July 9 (Xinhua) -- Chinese State Councilor Dai Bingguo on Thursday called for concerted efforts to tackle various global challenges at the leaders' meeting of the Group of Eight (G8) and five leading emerging economies (G5). Dai, who attended the summit on behalf of Chinese President Hu Jintao, delivered a speech entitled "Striving to push forward global economic recovery and enhance regulation of the world economy" to the meeting held in the quake-torn Italian city of L'Aquila, according to a press release issued by the Chinese delegation. Hu cut short his stay in Italy and skipped the G8 meeting due to the situation in China's Xinjiang Uygur Autonomous Region. He returned to Beijing Wednesday. In the speech, Dai expounded China's position on major international issues. Dai called for more international efforts to push for recovery of the world economy, saying that against the backdrop of economic globalization, the macro-economic policies adopted by one country, especially by a major economy, would exert an impact on other economies. "So when we promulgate a policy aimed at economic recovery, we should not only put into consideration our own interests, but also have to cast eyes on the interests of other countries," Dai said. The international community should strengthen communication in this regard, he said. The state councilor said the "primary task" now was to implement the results achieved at the G20 summits in Washington and London, so as to ensure the momentum and effectiveness of economic stimulus packages. He also urged the international community to abide by the principle of opening markets, opposing protectionism in various forms and safeguarding the normal and orderly movement of goods, services and personnel across borders. Dai also appealed for an accelerated process of the Doha Round talks of the World Trade Organization, said the press release. Leaders of the G8 industrialized countries and five leading emerging economies -- India, China, Mexico, Brazil and South Africa -- met on Thursday to discuss economic issues, climate change, trade and other international issues. On the current international financial crisis, the state councilor said the international community has already reached consensus on reforming the global financial system, but the key lies in the implementation of the consensus. In the short term, the reform is aimed at stabilizing the international financial market and boosting the growth of real economy, but the reform should be far-sighted, he said. In the long run, the reform should be aimed at enhancing regulation of the international financial system and safeguarding order of the global financial market, so as to avoid the recurrence of a similar crisis, he added. The state councilor stressed that representation and voting rights of developing countries should be increased in the International Monetary Fund and the World Bank. He said developing countries should participate as equal partners in the policy-making process in setting international financial standards and regulation. Dai also urged the international community to improve global financial supervision, the press release said. The state councilor appealed for maintaining the stability of major international reserve currencies, but he did not mention the U.S. dollar in his speech. He urged the international community to improve the international monetary system in a bid to make it diversified and rationalized. The state councilor also briefed the leaders on China's efforts to tackle the global financial crisis, saying the measures taken by the Chinese government have proven effective. Noting that the international financial crisis has brought considerable difficulties and challenges to China's economy, Dai said the Chinese government has adopted a series of resolute measures to tackle some thorny issues and these measures have seen initial achievements. The measures include a proactive fiscal policy and a moderately easy monetary policy, a stimulus package worth 4 trillion yuan (about 587 billion U.S. dollars) designed to expand domestic demand, and a tax-cut package of 500 billion yuan (around 73 billion U.S. dollars), Dai said. China also has striven to readjust its economic structure, accelerate infrastructure construction, seek balanced development between urban and rural areas, and improve social security system and people's life, Dai said. Thanks to these measures, China's gross domestic product (GDP) rose 6.1 percent year on year in the first quarter of this year, he added. According to a press release by the Chinese delegation, in the first five months of this year, on a yearly basis, the fixed-asset investment in urban areas jumped by 32.9 percent in China, the retail sales grew by 15 percent, and the industrial output increased by 6.3 percent. The state councilor said China would continue to cooperate with the international community to fight the international financial crisis, and would continue to make due contribution to the recovery of world economy. In his speech, Dai also called for joint efforts from the international community to tackle global challenges such as climate change, food and energy security. Dai said global challenges such as climate change, food and energy security are common problems facing the whole world, and therefore need joint efforts to cope with. On climate change, Dai said the international community should continue to insist on the core status of the UN Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol, and abide by the principle of "common but differentiated responsibility" established by the two documents. The international community should take actions in line with the "Bali Road Map" and take into account different conditions of various countries, so as to push for the success of the upcoming Copenhagen Conference on climate change scheduled for December this year. On food security, Dai called for increased investment in agriculture, enhanced market monitoring and the establishment of assistance mechanisms. On energy security, he proposed a series of measures including setting up a system of energy technology research and development, diversifying energy supply, developing new energy and renewable energy, and improving energy efficiency.
URUMQI, July 12 (Xinhua) -- The violence-torn Xinjiang Uygur Autonomous Region is plodding on the road to recovery amid vigilance one week after the violence in its capital city of Urumqi that left 184 people dead and 1,680 injured. Police with riot gears were inspecting checkpoints, combing coaches for runaway suspects involved in the deadly violence. Zhou Yongkang, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, said in his tour to the autonomous region on Sunday that to maintain social stability is the top concern of the livelihood of the people of all ethnic groups in Xinjiang for the time being. The regional government chairman Nur Berkri said in a televised speech Sunday afternoon that the number of people injured in violence on July 5 had risen to 1,680. Altogether 216 of the 939 hospitalized are seriously injured and 74 injured fatally, he said. An oil tank explosion occurred at a chemical plant in Urumqi Sunday morning. Police ruled out the possibility of intentional sabotage after on-the-spot investigation but said the reason of the explosion needs further investigation. At the suburb of Aksu City, people who flocked into the Uygur bazaar, Toksun, as the local residents called it, said they had felt something different. "There are much fewer people compared with what it was before the violence," said Tunxunjiang Tuohuniyazi, a local Uygur who were visiting the bazaar with his wife. "On my way here, I saw a lot of policemen," he said. "But I understand it. The heavy security helps ensure our safety." The bazaar, which boasts 3,000 stands, only saw a little more than 500 of them in business on Sunday. Tuniyazi Yiming, a vender busy baking dumplings, said his turnover halved with number of the bazaar visitors on such a sharp decline. The same bleak business picture could be seen in the border city of Kashgar in southern Xinjiang, where markets and bazaars reported only a few visitors. Also hurt is the the region's tourism. Sources with the Urumqi Municipal government told Xinhua that because of the riot, 1,184 tour groups had cancelled their plans to visit the city as of Sunday. They involved 74,218 travelers, including 10,731 tourists from overseas. Railway authorities said Sunday that situation in the Urumqi's train terminal is normal. The passenger volume was reported at 21,000 persons at the station on Sunday, 4,000 fewer than Saturday. "There are no so-called 'waves of refugees' and ticket scalpers reported by some overseas journalists in the train terminal," said Chen Kai, vice chief of the South Train Station of Urumqi. In Urumqi, thousands of youngsters have expressed their willingness to serve the city by signing up to be volunteers. "Two days after the hotline was launched, we have received more than 1,600 calls," said Yu Yinglong, head of the Volunteer Association in Urumqi. "They volunteered to serve in hospitals and to give psychological help to those who were traumatized in the violence." "The Koran teaches us that Muslims should be united. It teaches us to live in harmony with non-Muslims as well. Muslims and Non-Muslims should help and get along with each other on equal footing," said Xiahabuding Aihaiti, a teacher with the Xinjiang Academy of Islamic Scriptural. (Writings by Xinhua writer Gui Tao, reportings by Xinhua staff Li Jianmin, Fu Yuncheng, Liu Hongpeng, Mao Yong, He Jun, Gu Qianjiang, Yuanye and Huang Yan in Xinjiang)

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.
BEIJING, June 12 (Xinhua) -- China's ethnic culture is an important component of the Chinese culture, has made enormous contribution to the formation and development of the Chinese Nationality, and has been a valuable spiritual treasure shared by the Chinese Nationality. This was remarked by Li Changchun, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, at a national work conference on ethnic culture, which opened here Friday. Li Changchun (L, front), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with the delegates of a national work conference on ethnic culture, in Beijing, capital of China, June 12, 2009.In a meeting with the delegates prior to the opening of the conference, Li called for deepening the study and practice of a scientific view of development, as well as efforts to open up a new situation for the undertakings of the country's ethnic culture. The official hailed the enormous achievements China has made in the undertaking of ethnic culture since the founding of the People's Republic of China in 1949 and particularly since the country took to the Reform and Opening-up Policy in 1978. The undertakings of China's ethnic culture is now at a new historic starting point, he said. The country will step up the building of infrastructure for public cultural facilities in minority areas, by well implementing a series of cultural projects funded by central finance. He pledged to send the voices of the Party Central Committee and the State Council to millions of homes of the minority people, so as to enrich the spiritual and cultural life of ethnic groups. Great efforts will be made to promote international exchanges of the ethnic culture, so as to increase the competitiveness and impacts of the Chinese culture, Li said. He called for further strengthening and improving the Party leadership on the work of ethnic culture and making efforts to build up a massive and high-quality group of ethnic cultural workers. Also present at the meeting were three members of the CPC Central Committee Political Bureau, including Vice Premier Hui Liangyu, CPC Central Committee Secretariat Member Liu Yunshan, and State Councilor Liu Yandong. The conference, the first of its kind in the country, was attended by provincial officials from across the country in charge of the matter, as well as officials from some central departments concerning ethnic affairs, culture, media and cultural heritage.
DAMASCUS, April 26 (Xinhua) -- During his Middle East tour, Chinese Foreign Minister Yang Jiechi on Sunday put out a five-point proposal to push forward the Middle East peace process and common development. Yang, who has visited Egypt, the Palestinian territories, Israel and Syria, said in an exclusive interview with Xinhua that China has been closely following the situation in the Middle East and he has made in-depth exchanges of views with concerned parties on various issues of the region during his Middle East visit. Syrian Foreign Minister Walid al-Moallem (R) and Chinese Foreign Minister Yang Jiechi hold a joint press conference after their meeting in Damascus, April 26, 2009. The Israeli attacks on the Gaza Strip at the end of 2008 has brought heavy casualties and instability to the region, which shows once again that if the Middle East issue is not been fundamentally solved, there will be no peace and security in this region, he said. Currently, Israel has formed a new government and the two main Palestinian factions have been holding talks under the mediation of Egypt. Under such circumstances, Yang put the five-point proposal, which includes: First, the concerned parties should adhere to the peace talks, and firmly promote the peace process on the basis of relevant UN resolutions, the "land for peace" principle, the "Road Map" plan, and the Arab peace initiative, Yang said. Second, the parties should take positive measures to restore stability and accumulate mutual trust, so as to create conditions for the development of peace process. Third, China believes the two-state solution should be maintained and calls for an early establishment of an independent Palestinian state and the two countries of Palestine and Israeli live in harmony. "This is the ultimate way out for the Palestinian issue, which can give guarantee to the Middle East peace and security," Yang said. Fourth, the international community should continue to pay due attention to the Middle East issue, and deliver its supports to the peace talks, the inner-Palestinian unity and economic growth. Fifth, the peace negotiations between Palestine and Israel, Syria and Israel, Lebanon and Israel should advance in a coordinated way in order to achieve comprehensive peace across the Middle East region, Yang said. "As a permanent member of the UN Security Council, China will continue to maintain close communication and coordination with parties concerned to play a constructive role in pushing for a comprehensive, just and lasting solution to the Middle East issue," Yang added. He said he has enunciated China's position on current Middle East issues during the trip. He hoped relevant parties could stick to the peaceful negotiation and accumulate mutual trust in a bid to advance the Middle East peace process. He said he believes his visits to the four Middle East nations will contribute to the peace process. Yang left the Syrian capital Damascus on Sunday after meeting with Syrian President Bashar al-Assad and Syrian Foreign Minister Walid Mualem.
来源:资阳报