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BEIJING, Jan. 10 (Xinhua) -- China's foreign trade in 2009 dropped 13.9 percent from a year earlier to 2.21 trillion U.S. dollars and its trade surplus last year slid 34.2 percent year on year to 196.1 billion U.S. dollars, according to figures released Sunday by the General Administration of Customs (GAC). In breakdown, China's exports in 2009 stood at 1.2 trillion U.S. dollars, down 16 percent from in 2008, and imports reached 1.01 trillion U.S. dollars, down 11.2 percent from a year earlier, said the GAC. In December 2009, monthly trade amounted to 243 billion U.S. dollars, which represented a year-on-year increase of 32.7 percent and a month-to-month rise of 16.7 percent. Last month, China's exports were worth 130.7 billion U.S. dollars, up 17.7 percent from a year earlier. December's imports hit record monthly high to reach 112.3 billion U.S. dollars, up 55.9 percent from the same period of 2008, according to the GAC.
BEIJING, Dec. 8 (Xinhua) -- Chinese Vice Premier Li Keqiang Tuesday called for advancement of environmental protection industry to strengthen a stable, coordinated and sustainable economic development. The environmental protection industry concerned aspects such as infrastructure building, equipment manufacturing and services and it should be considered as a strategic emerging industry, Li said during an inspection tour in the Chinese Research Academy of Environmental Sciences and China National Environmental Monitoring Center. Chinese Vice Premier Li Keqiang (C) visits the Chinese Research Academy of Environmental Sciences in Beijing, capital of China, Dec. 8, 2009He said as the Copenhagen conference was held currently to address the climate change, "the development of green, low carbon and recycling economy has become a global trend." "We must seize the opportunity to promote technological innovation and application of research fruit" to promote the green industry so as to gain advantage in the future development, he said. "Inadequate resources and the environment's limited bearing capacity is the country's basic conditions and factors confining the economic and social development," said Li, also a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee. Chinese Vice Premier Li Keqiang (C) visits the Chinese Research Academy of Environmental Sciences in Beijing, capital of China, Dec. 8, 2009. Li urged greater efforts for ecological conservation and environmental protection and demanded speeding up the building of an energy-saving and environment-friendly society. It is imperative to take forceful measures to tackle pollution in major rivers and lakes, to step up construction of waste water treatment facilities in urban areas and contain source of pollution in rural areas, Li said. "It is the government's duty to ensure that the masses drink clean water." Chinese Vice Premier Li Keqiang (R) meets with experts during a symposium on environmental protection in Beijing, capital of China, Dec. 8, 2009He said measures must be improved to control air pollution and curb the emission of pollutants such as sulfur dioxide and smoke dust. Li said environmental problems harming people's health should be immediately addressed and the treatment and control of air, water, soil and heavy metal pollution should be stepped up.
BEIJING, Dec. 1 (Xinhua) -- The Purchasing Managers' Index (PMI) of China's manufacturing sector stood at 55.2 percent in November, unchanged from the previous month, the China Federation of Logistics and Purchasing (CFLP) said on Tuesday. It was the ninth straight month that the PMI reading stayed above 50. A reading of above 50 suggests expansion, while one below 50 indicates contraction. The PMI includes a package of indices that measure economic performance. In November, new order index and output index both held steady from figures in the previous month at 58.4 percent and 59.4 percent, respectively. New export order index was 53.6 percent, down by 0.9 percentage points compared to November while purchasing price index rose by 6.5 percentage points to 63.4 percent. Only three out of the 20 surveyed sectors reported a PMI index reading below 50, which were paper making and printing, oil processing, and beverages making.
BEIJING, Nov. 17 (Xinhua)-- The United States welcomes the peaceful development of cross-Straits ties and "more positive and stable" cross-Straits relations, said a China-US Joint Statement issued here Tuesday. The statement said that both sides underscored the importance of the Taiwan issue in China-US relations. The Chinese side emphasized that the Taiwan issue concerns China's sovereignty and territorial integrity, and expressed the hope that the US side will honor its relevant commitments and appreciate and support the Chinese side's position on this issue. The US side stated that the United States follows its one-China policy and abides by the principles of the three Sino-US joint communiques, said the statement. The two sides reiterated that "the fundamental principle of respect for each other's sovereignty and territorial integrity is at the core of the three Sino-US joint communiques which guide China-US relations. Neither side supports any attempts by any force to undermine this principle," said the statement. The two sides agreed that respecting each other's core interests is extremely important to ensure steady progress in China-US relations. Both countries believe that to nurture and deepen bilateral strategic trust is essential to China-US relations in the new era. The US side reiterated that it welcomes a strong, prosperous and successful China that plays a greater role in world affairs. The two sides are of the view that in the 21st century, global challenges are growing, countries are more interdependent, and theneed for peace, development and cooperation is increasing. China and the U.S. have an increasingly broad base of cooperation and share increasingly important common responsibilities on many major issues concerning global stability and prosperity. The two sides should further strengthen coordination and cooperation, work together to tackle challenges and promote world peace, security and prosperity, said the statement. The two sides reiterated that they are committed to building a positive, cooperative and comprehensive China-US relationship for the 21st century, and will take concrete actions to steadily build a partnership to address common challenges. During their discussions, the Chinese side said that it resolutely follows the path of peaceful development and a win-win strategy of opening-up, and is committed to promoting the building of a harmonious world of enduring peace and common prosperity. The U.S. is committed to working with other countries in addressing the most difficult international problems they face, said the statement. China welcomes the United States as an Asia-Pacific nation that contributes to the peace, stability and prosperity in the region. The statement was signed during U.S. President Barack Obama' s visit to China between November 15 and 18.
BEIJING, Dec. 26 -- Competition between airlines and rail operators will further hot up on Saturday thanks to the launch of China's longest high-speed train link between Wuhan and Guangzhou. The line stretches more than 1,000 km and will slash the travel time from Wuhan, Hubei province, to Guangzhou in Guangdong from 10 hours to just three. Tickets for the service - which also stops at Changsha, capital of Hunan - went on sale at new stations in the three cities last weekend, with prices ranging from 780 yuan (0) for first class to 490 yuan for second class, said a joint document released by the National Development and Reform Commission and the Ministry of Railways. A bullet train runs on the Wuhan-Guangzhou high-speed railway on Thursday The link, on which trains will reach a top speed of 350 km/h, is expected to pose a real threat to airlines running flights linking the cities. "High-speed rail has three advantages over air travel: it is more convenient, more punctual and has a better safety record. This could help erode the airlines' market shares," said Si Xianmin, chairman of China Southern Airlines, the largest domestic airline by fleet size. From today's launch, 38 out of China Southern Airlines' 160-plus domestic flights will compete with high-speed train links, he said. A similar service opened on April 1 between Wuhan and Hefei, Anhui province, had already grabbed half of the passengers traveling from Wuhan to Shanghai, said Si. The Shijiazhuang to Taiyuan link, also opened on April 1, caused sales for China Eastern Airlines' Beijing to Taiyuan flight to slump 36 percent the following day, while private Spring Airlines reduced its Shanghai to Zhengzhou flights due to competition from the Shanghai bullet trains, Beijing News reported. To deal with this threat, China Southern Airlines last week unveiled several counter measures, including cutting ticket prices from Wuhan to Guangzhou by almost half for advanced purchases. The company also signed a deal with airports in Wuhan and Changsha to give priority to flights to Guangzhou to ensure punctuality. If railway chiefs over-cut the number of low-cost tickets on slower trains, as they did when the country's first high-speed link opened between Beijing and Tianjin last year, the airlines could win more passengers with cheap offers, said Zhao Jian, professor with Beijing Jiaotong University. "But whichever side wins, passengers will be the ultimate winner," he said. Wu Wenhua, a researcher with the National Development and Reform Commission's comprehensive transport institute, said developing high-speed rail networks is in line with the demand for high-efficiency, low-emissions transport. China plans to have high-speed rail services running between 70 percent of key cities by 2020, which would cover more than 80 percent of the airline network. About 16,000 km of railway for 350-km/h trains will be built on the mainland in the next 10 years, according to a blueprint by the Ministry of Railways. By 2012, work will be completed on 42 high-speed links covering 13,000 km, the blueprint showed.