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BEIJING, April 13 (Xinhua) -- Chinese shares rose 2.84 percent Monday, advancing for a third consecutive day to a nearly eight-month high, on hopes that the economy had outperformed expectations in the first quarter.     Premier Wen Jiabao told reporters in Thailand Saturday that the economy showed signs of better-than-expected changes during the first quarter as a result of the economic stimulus package.     The National Bureau of Statistics is scheduled to release first-quarter growth data Thursday, which are expected to demonstrate a recovery in the world's fastest-growing economy. An investor is inside a securities firm in Chengdu, southwest China's Sichuan Province April 13, 2009    Data already announced have been positive. The central bank said over the weekend that new loans increased 1.89 trillion yuan (about 278 billion U.S. dollars) in March, the third straight month that new loans exceeded 1 trillion yuan.     Economists said the March figure indicated that China's liquidity was abundant, which was crucial to an economic recovery.     Wen said industrial output rose 8.3 percent in March, up from a record low of 3.8 percent in the first two months of the year.     The benchmark Shanghai Composite Index reacted to the positive news and closed at 2,513.7 points, up 69.48 points. The Shenzhen Component Index was up 2.08 percent, or 194.36 points, to 9539.8.     Gains outnumbered losses by 616 to 205 in Shanghai and 532 to 173 in Shenzhen.     Combined turnover rose to 280.46 billion yuan from 239.98 billion yuan the previous trading day.     Coal producers led gains Monday on speculation that coal prices might be raised. The country's largest coal producer, China Shenhua Energy, and six other producers, surged by the daily limit of 10 percent.     Steel stocks gained on hopes of more demand as industrial output picked up. Baoshan Iron & Steel, the nation's top steel maker, rose 4 percent to 5.97 yuan.     PetroChina went up 4 percent to 11.94 yuan and Sinopec rose 5.34 percent to 9.47 yuan on news that the country might soon announce details on a stimulus package for the petrochemical sector.     Shipping lines and other cargo carriers gained broadly on anticipation of an economic recovery. China Cosco rose by the daily limit of 10 percent to 12.87 yuan. China Shipping Development climbed 10 percent to 13.08 yuan. China Southern Airlines, one of the nation's three major carriers, rose 6.22 percent to 6.15 yuan.     Securities analysts expressed optimism about continued gains in the near term. Shanghai-based Shiji Investment said in a report that heavyweights had showed signs of robust performance and the market may rise to new highs.     Analysts at Huaxun, an on-line financial information service, said the market would find support at about 2,450 to 2,470 on buoyant confidence, with investors anticipating a recovery.

BEIJING, March 18 (Xinhua) -- China's top political advisor Jia Qinglin said Wednesday the central government had great confidence in continued prosperity and stability of the Hong Kong Special Administrative Region(HKSAR).     Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks when greeting with a delegation of social workers from Hong Kong headed by Mrs. Betty Tung, wife of the SAR's former Chief Executive Tung Chee-hwa.     Mrs. Betty Tung set up the organization in 1998, mobilizing volunteers to help needy youth and women.     Jia, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, welcomed the visit of the delegation and praised its contribution to the region's prosperity and stability.     He said, "China has confidence and the ability in overcoming the global financial downturn, which brought us challenges and opportunities as well."     The mainland will always be a strong supporter of the Hong Kong SAR.

CARACAS, Feb. 17 (Xinhua) -- Chinese Vice President Xi Jinping arrived midday on Tuesday in Caracas for an official visit to Venezuela.     In a written speech issued at Simon Bolivar International Airport, Xi said that he came to strengthen friendship, amplify consensus, deepen cooperation and to promote development. Chinese Vice President Xi Jinping (L Front) is greeted by Venezuelan Vice President Ramon Carrizales (R Front) upon his arrival in Caracas, capital of Venezuela, Feb. 17, 2009. Xi Jinping arrived in Caracas on Feb. 17 for an official visit to Venezuela. He said that with his visit the China-Venezuela strategic partnership for common development is expected to obtain further advance.     Venezuelan Vice President Ramon Carrizales, Minister of Foreign Affairs Nicolas Maduro, Chinese Ambassador in Caracas Zhang Tuo and representatives of local Chinese community welcomed Xi at the airport.     Xi came from official visits in Mexico, Jamaica, Colombia, and will continue his six-nation tour in Venezuela, Brazil and Malta. 　 Chinese Vice President Xi Jinping (L2 Front) is greeted by Venezuelan Vice President Ramon Carrizales (R Front) upon his arrival in Caracas, capital of Venezuela, Feb. 17, 2009. Xi Jinping arrived in Caracas on Feb. 17 for an official visit to Venezuela.Chinese Vice President Xi Jinping (L Front) receives a bunch of flowers presented by a staff member of the Chinese Embassy to Venezuela greeting him upon his arrival at the airport in Caracas, capital of Venezuela Feb. 17, 2009. Xi Jinping arrived in Caracas on Feb. 17 for an official visit to Venezuela

BEIJING, Feb. 12 -- A sharp fall in imports and exports in January, which included a weeklong Spring Festival holiday, has both puzzled and alarmed economists.     General Administration of Customs figures released yesterday showed exports plummeted 17.5 percent year-on-year, much sharper than the 2.8 percent fall in December.     Imports fell even more dramatically, to 43.1 percent year-on-year.     The combined foreign trade in January fell 29 percent year-on-year. Such a major decline in monthly foreign trade is rare in the 30 years of reform and opening up. General Administration of Customs figures released yesterday showed exports plummeted 17.5 percent year-on-year, much sharper than the 2.8 percent fall in December    Because of the global economic downturn, foreign trade is likely to fall for several more months, the economists said. Su Chang, a macro-economic analyst with China Economic Business Monitor, said it could decline by 10 percent in the first quarter of this year.     "It is possible that China's yearly record will be negative as well." But, he said the decline in imports would be largely because of the fall in prices of industrial materials.     "Prices of primary goods - China's main imports - are at a low points now, while they were at historic highs just a year ago," he said.     Last month, however, was an exception because it had one full week of holiday from January 26. The Chinese Lunar New Year is the most important festival for Chinese but usually it falls in February.     So this year, January had five fewer working days than those in many of the previous years. If that is considered, the Customs said, exports actually rose 6.8 percent year-on-year in January. And compared with December, they increased 4.6 percent.     The worldwide deflationary cycle was another problem, the economists said. The sharp drop in imports was caused both because of a fall in global prices (most noticeably of crude oil and farm products) and a drop in demand for electronic components, which reflected the shrinking of the country's manufacturing industry.     Ting Lu, economist with Merrill Lynch in Hong Kong, said there was no good method to adjust for the Chinese New Year effects. "Our first suggestion: ignore them," Lu said in note to clients in the monthly trade figures.     When compared with neighboring economies, experts said, China's record is not the worst. Jing Ulrich, analyst with JP Morgan, has written in a report that while the recent export slowdown has been alarming, it has not been as severe in China as in some neighboring economies that rely more heavily on the hi-tech sector.     While Jing Wang, chief economist of Morgan Stanley, said China's export structure is more diverse, and as a result less volatile, in the region.

MONTEGO BAY, Jamaica, Feb. 14 (Xinhua) -- Visiting Chinese Vice President Xi Jinping on Saturday broke ground for a China-funded convention center in Montego Bay, north of Jamaica.     At the ceremony, Xi described the amity between China and Jamaica with a Chinese saying which says bosom friends stay close at heart though thousands of miles apart.     The China-Jamaica friendly partnership for common development, established in 2005, has led the bilateral cooperation into a new stage as mutual understanding and trust between the two peoples were deepened and cooperation in various fields achieved remarkable progress, Xi said. Visiting Chinese Vice President Xi Jinping (L) shakes hands with Jamaican Prime Minister Bruce Golding during the ground-breaking ceremony for the Montego Bay Convention Center, which is contracted to be built by China, in Montego Bay, Jamaica, Feb. 14, 2009China highly values the friendly and cooperative relations with the Caribbean region, and is determined to build an all-around cooperative partnership for equality, mutual benefit and common development with Latin American-Caribbean countries, Xi said.     With a project budget of about 52 million U.S. dollars, the convention center, once completed, will provide approximately 20,000 square meters of rooms for meetings, exhibitions and other events.     Xi said the convention center will become not only a new sight in the coastal tourism city, but also a milestone in the China-Jamaica mutually beneficial cooperation.     Jamaican Prime Minister Bruce Golding, Minister of Tourism Edmund Bartlett, Montego Bay Mayor Charles Sinclair were also present at the groundbreaking ceremony.     Xi concluded his visit to Jamaica in the afternoon and left for Colombia to continue his six-nation tour, which includes the trips to Mexico, Jamaica, Colombia, Venezuela, Brazil and Malta.