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njmjtjc 2024-04-20 14:55:43

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BEIJING, Feb. 13 (Xinhua) -- The outlook of China's steel industry will be better this year than 2009 as the impact of the stimulus package continues, the Ministry of Industry and Information Technology (MIIT) said Saturday.A strong increase in new investment plans would help boost domestic demand for steel while improving external demand following world economic recovery would encourage steel exports, the MIIT said.The implementation of a proactive fiscal policy and moderately easy monetary policy injected ample liquidity into the market and provided the steel enterprises with easy access for fund, it said.However, excess capacity, still weak external demand and rising production costs would all impose pressure on the development of the industry, the ministry said.China's crude steel production capacity was forecast at 700 million tonnes at the end of 2009, compared with 660 million tonnes at the end of 2008.In 2009, China's steel output rose 13.5 percent to 567.84 million tonnes. Its 68 large and medium sized iron and steel companies reaped 55.39 billion yuan (8.12 billion U.S. dollars) in profit in 2009, down 31.43 percent from a year earlier.

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BEIJING, Jan. 15 (Xinhua) -- Minister of Public Security Meng Jianzhu told Chinese rescuers in Haiti via phone Friday night to make all-out efforts to save the eight buried Chinese policemen after they were located. Rescuers have decided on the location where the eight Chinese police officers were buried after a 7.3-magnitude quake in Haiti.     Liu Zhiqiang, director of China's Ministry of Public Security international cooperation department, told Xinhua that "various means are being used simultaneously" to search for the missing men. Rescuers have decided on the location where the eight Chinese police officers are buried after a 7.3-magnitude quake in Haiti    Four of the eight officers just arrived in Haiti Tuesday. They all serve in China's peacekeeping forces in Haiti.     A Chinese rescue team of more than 60 people left Beijing for the Caribbean island Wednesday evening along with 10 tonnes of food, equipment and medicines. Meng, also State Councilor, said via satellite phone to Chines erescue team in Haiti, "We must spare no efforts in rescuing the buried police officers."     He also passed on concern of China's top leadership on the safety of every member of the rescue team.

BEIJING, Jan. 21 (Xinhua) -- China said Thursday it would consider more assistance to quake-hit Haiti and hoped the United Nations could coordinate the post-quake reconstruction."We will continue to make every effort to participate in disaster relief and reconstruction," said Foreign Ministry spokesman Ma Zhaoxu at a regular news briefing.After a 7.3-magnitude earthquake devastated Haiti on Jan.12, China sent a 60-strong search and rescue team to Port-Au-Prince, capital of the Caribbean nation, and the Red Cross Society of China donated 1 million U.S. dollars in emergency aid.China also decided to send emergency humanitarian aid worth 30 million yuan (4.41 million U.S. dollars) to Haiti.Ma said the reconstruction would be arduous and the United Nations should give full play to its advantage by guiding and coordinating aid efforts from all sides."China supports the United Nations playing its due role in time to ensure an early launch of reconstruction," said Ma.Ma said whether China would send peace-keeping troops to Haiti would rest on UN arrangements.The UN Security Council endorsed Tuesday a proposal to send 3,500 more peacekeepers to Haiti to support "the immediate recovery, reconstruction and stability efforts."Eight Chinese peacekeeping police officers were killed in the quake. Four of them were officers of China's 125-member peacekeeping force in Haiti, and the rest were part of a team sent by the Ministry of Public Security to Haiti for peacekeeping consultations.China has sent four extra peace-keeping police officers to Haiti."We hope relevant countries could continue to enhance coordination and make joint efforts to help the Haitian people overcome difficulties and rebuild their homes at an early date," said Ma.

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BEIJING, Feb. 1 (Xinhua) -- Chinese Premier Wen Jiabao has reiterated his country's support for the Copenhagen Accord and China's commitments to addressing climate change.In separate replies to letters from Danish Prime Minister Lars Loekke Rasmussen and UN Secretary-General Ban Ki-moon, Wen said the Copenhagen Accord resulting from the UN climate change conference in the Danish capital last year laid the foundation for advancing international cooperation on climate change and pointed the direction for future negotiations.The document reflected the political will of all parties to actively tackle climate change, upheld the dual-track negotiating mechanism of the UN Framework Convention on Climate Change and its Kyoto Protocol, and reaffirmed the principle of "common but differentiated responsibilities" for developed and developing countries, Wen wrote in the letters dated Friday.He said China would do its best to honor its commitments on climate change, including a reduction of carbon dioxide emission intensity per unit of GDP by 40 to 45 percent by 2020 against 2005 levels, an increase to 15 percent of non-fossil fuels in the country's total primary energy mix by 2020, and an increase of 40 million hectares of forest and 1.3 billion cubic meters of forest volume by 2020 from 2005 levels.Wen said China will continue to play an active and constructive role and work jointly with the international community for a meaningful conclusion of the Bali Roadmap negotiations at the Mexico climate talks with a comprehensive, effective and binding outcome that will reinforce the implementation of the convention and the protocol.

BEIJING, Feb. 10 (Xinhua) -- The Overseas Chinese Affairs Office of the State Council on Wednesday extended Chinese Lunar New Year greetings to all overseas Chinese, returned overseas Chinese and their relatives.Li Haifeng, director of the Overseas Chinese Affairs Office, said in a New Year speech that 2009 was a special year, in which China withstood the impact of international financial crisis and cross-Strait relations showed momentum for peaceful development."We sincerely hope that overseas Chinese will continue to contribute to the great cause of peaceful reunification of China," she said.Li extended best wishes for the Spring Festival -- which falls on Sunday -- to Chinese all over the world and promised that overseas Chinese affairs offices at all levels would continue to improve services to overseas Chinese and protect their rights.

BEIJING, Jan. 19 (Xinhua) -- China announced Tuesday that it awarded the eight peace-keeping police killed in the Haiti earthquake the title of "martyr" as their bodies were brought home Tuesday morning Beijing time.The awards were jointly approved by the Ministry of Public Security (MPS) and the Ministry of Civil Affairs, the MPS said in a statement on its website."The peace-keeping police who tragically died were always devoted to their missions; they respectfully completed many urgent, difficult, dangerous and arduous tasks; they have made a great contribution to safeguarding world peace," read the statement.It also said that compensation would be handed out, which was standard government procedure in such instances.Soldiers carry the coffins of the eight peacekeeping police officers who died in the Haiti earthquake at the airport in Beijing, China, Jan. 19, 2010Bodies of the seven policemen and a policewoman arrived in Beijing on a chartered China Southern Airlines flight.Hundreds of thousands of Chinese, including President Hu Jintao and Premier Wen Jiabao, have expressed their grief and condolences for the dead.More than 500,000 people are feared dead after the 7.3-magnitude earthquake hit the Caribbean island country Jan.12 local time.

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CHICAGO, March 17 (Xinhua) -- A stronger RMB would not be a tonic for the U.S. economy or manufacturing and it would be a huge mistake to raise tariffs on imports from China to force a change in the yuan, says a U.S. trade expert on Tuesday.Daniel Griswold is director of the Center for Trade Policy Studies at the Cato Institute, a non-profit public policy research foundation headquartered in Washington, D.C. He is also the author of a new book, Mad about Trade: Why Main Street America Should Embrace Globalization.The trade expert told Xinhua during an exclusive interview, " China has been moving in the right direction since 2005 by allowing the currency to appreciate. Threats from the U.S. government actually make it more difficult for the Chinese government to resume appreciation because it would look as though Beijing was giving in to foreign pressure."Griswold pointed out that a stronger yuan would not be a tonic for the U.S. economy or manufacturing. "China would remain competitive in a broad range of manufactured products even if the yuan were 25 percent higher. The dollar depreciated sharply against the currencies of Canada and the Eruozone after 2002, yet our bilateral deficit with both those regions continued to grow," he added.New York Times' Nobel laureate economist, Paul Krugman, recommended in his latest column that the U.S. impose a 25 percent tariff on Chinese imports unless China appreciates its currency Renminbi. Griswold considers it a huge mistake to raise tariffs on imports from China to force a change in the yuan.Regarding President Barack Obama's new export push to double the U.S. export in the next five years, Griswold believes this goal will raise false expectations.He noted: "The goal will be difficult to realize. It hasn't been done since the 1970s, and that was driven in large part by inflation. It also depends on robust growth abroad, which is beyond the control of even this president. Faster export growth would be good for the U.S. economy, but it will not put much of a dent in high unemployment."When asked what the U.S. government should do to increase its export, the trade expert advised, "the single best policy to promote exports would be for the U.S. government to set a good example by resisting protectionism in our own market."He further explained, "U.S. companies are currently facing sanctions from Mexico, Brazil and other countries because we have failed to live up to our commitments in the WTO and the North American Free Trade Agreement. We are losing export opportunities abroad because Congress has failed to enact trade agreements with South Korea and Colombia, and the administration has failed to exercise leadership in WTO negotiations."In January the U.S. government data showed that the gap between what Americans sell abroad and what they import narrowed unexpectedly. While the usual crowd hailed it as an "improvement," Griswold believes that the numbers point to the slow growth of demand at home and abroad.He said: "We shouldn't read too much into the monthly trade numbers. The smaller-than-expected trade deficit in January could be a warning sign that the economic recovery remains sluggish. Exports were down, and imports down even further."When commenting on the U.S.-China trade relations, Griswold said, "U.S.-China relations remain fundamentally sound. Our commercial relationship is mutually beneficial and among the most important in the world."He further remarked, "American families benefit from affordable consumer products from China, while U.S. companies benefit from exports to China. And all Americans benefit from lower interest rates from Chinese investment in U.S. Treasury bonds." He noted that "the confrontational attitude of the Obama administration is driven almost entirely by domestic politics."Griswold's new book, Mad about Trade: Why Main Street America Should Embrace Globalization, is a spirited defense of free trade which tells the underreported story of how a more global U.S. economy has created better jobs and higher living standards for American workers.Since joining Cato in 1997, Mr. Griswold has authored major studies on globalization, trade, and immigration. He's written articles for major newspapers, appeared on CNBC, C-SPAN, CNN, PBS, and Fox News, and testified before House and Senate committees.

BEIJING, Jan. 14 (Xinhua) -- A senior Chinese leader on Thursday called on deepened reform of the press and publishing system to enhance the country's international communication capacity.     Li Changchun, member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, made the remark in an instruction regarding the country's press and publishing industry.     On Thursday, a ceremony was held to honor 300 outstanding professionals in the press and publishing industry since the founding of New China.

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ANKARA, Jan. 27 (Xinhua) -- China and Turkey said Wednesday the two countries look to stronger political trust and closer economic cooperation in future to benefit the people of both countries.Visiting Chinese Foreign Minister Yang Jiechi said China highly values its relationship with Turkey and will continue to handle the relationship from a strategic and long-term perspective during his meeting with Turkish Prime Minister Recep Tayyip Erdogan in Ankara.Erdogan said the Turkish government has the same political will to cement ties with China, noting that Turkey adheres to the one- China policy and acknowledges the government of the People's Republic of China is the only legal government that represents the whole China. Turkish Prime Minister Recep Tayyip Erdogan (L) meets with visiting Chinese Foreign Minister Yang Jiechi in Ankara, Turkey, Jan. 27, 2010The two countries should fully tap the potential of cooperation in trade, investment and infrastructure construction and jointly tackle the impact of the global financial crisis, said the prime minister.Yang expressed China's appreciation for Turkey's stance to uphold the one-China policy and respect for China's sovereignty and territorial integrity.He also extended welcome for Turkey's participation in the World Expo to be held in Shanghai this year.China and Turkey have seen frequent visits by high-level officials in recent years and witnessed their trade surge from more than 1 billion U.S. dollars in 2000 to 12.6 billion U.S. dollars in 2008.Yang arrived in Turkey on Monday for a two-day visit and attended a regional summit on Afghanistan held in Istanbul as a special representative of Chinese President Hu Jintao.  Visiting Chinese Foreign Minister Yang Jiechi (L) shakes hands with his Turkish counterpart Ahmet Davutoglu after a press conference in Istanbul, Turkey, Jan. 27, 2010He held talks with his Turkish counterpart Ahmet Davutoglu in Istanbul on Wednesday and agreed to advance friendly and cooperative relations between the two countries.

BEIJING, Jan. 21 (Xinhua) -- Beijing's per capita gross domestic product exceeded 10,000 U.S. dollars for the first time last year after a strong economic recovery, a local statistics official said Thursday.The GDP in the Chinese capital grew 10.1 percent to 1.187 trillion yuan (137.8 billion U.S. dollars) in 2009, according to the Beijing Bureau of Statistics.The per capita GDP was 68,788 yuan (10,070 U.S. dollars) as the city had 17.55 million permanent residents at the end of 2009."The breakthrough is a milestone for Beijing," said Yu Xiuqin, the bureau's deputy director. "According to the standards of the World Bank, Beijing has become a moderately well-off city."According to the World Bank, a country or region should be recognized as moderately well-off when its per capita GDP exceeds 10,000 U.S. dollars, the official explained.The service industry contributed to 75 percent of Beijing's GDP and its urbanization rate had reached 85 percent, she said."The Beijing government will take further measures to boost the living standards and social welfare of the rural population to bridge the gap between urban and rural areas," Yu said.

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