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BEIJING, Oct. 26 (Xinhua) -- China's economy was on sound track but prospects were complicated by the world economic slowdown, said Zhou Xiaochuan, governor of China's central bank, on Sunday.     In a report Zhou made to the fifth session of the Standing Committee of the 11th National People's Congress (NPC), he said the country's economy was developing as expected, but the world economic slowdown added uncertainties to its prospect.     "Our economy is highly reliant on overseas demand. Slacking exports resulted from the global economic slowdown would have a negative impact on the economy," he said.     He suggested the country need to be cautious in adjusting policies because there are both possibilities of cost-driven price rises and possibilities of continuous price falls in the future.     "Currently, inflation pressure mainly comes from rising cost," he said.     He said in the world, more and more economies began to shift their policies from curbing inflation to boosting economic developments amid a world economic recession. The international commodity price is expected to enter a new round of rise.     According to him, the PBOC will adopt flexible and prudent macro-control policies to strive for the stability of the country's financial sectors and promote sound and rapid economic growth.     Zhou said efforts would go to other specific fields, including establishing financial risk monitoring mechanism, enhancing cooperation among domestic and overseas financial organs, and ensuring liquidity in the banking system.     He also urged strengthening foreign exchange management through enhancing cross-border capital flow management and supervision, in a bid to avoid losses and risk caused by speculation activities.     The central bank would keep a close look over the real estate sector and improve financial services in this sector, he added.     Zhou said that the impact of the world financial crisis on China's economy cannot be underestimated. However, the country's economic situation is sound as a whole, and is capable to effectively resist the external impact.     China's financial sectors have grown stronger after years of development. The profit-earning and risk-resistance abilities have been greatly improved, market liquidity is sufficient, and the financial system is sound and safe, he explained.     The fifth session of the Standing Committee of the 11th National People's Congress (NPC) opened its second plenary meeting Sunday morning. Wu Bangguo, chairman of the Standing Committee of the NPC, attended the meeting.

BEIJING, Nov. 17 (Xinhua) -- Accelerating reconstruction work is the top priority in quake-affected areas, said Chinese Premier Wen Jiabao during his visit over the weekend to Sichuan Province.     He told villagers in Anxian County on Sunday that the government would strengthen support to farmers to help them rebuild their houses within two years, instead of three years as was the original schedule.     The construction of public facilities, including schools, kindergartens and hospitals should also be quickened, Wen added.     "We can achieve that," he said.     When visited students and teachers of the Beichuan Middle School on Saturday. The school has been operating in a temporary shelter. He told students who were injured in the quake, never to give up.     "I hope you will be optimistic against all the difficulties," When said.     He also listened to a report on the plan to rebuild Beichuan County as it was destroyed by the quake.     "The reconstruction work for the new county should be based on advice from experts and the public," When said.     He also visited the Sichuan Jiuzhou Electric Group, which has resumed production after the quake, and the Pangang Group Sichuan Chengcheng Special Steel Cooperation.     When said reconstruction work should not only rely on government investment.     "Private companies should be motivated to invest in post-quake reconstruction projects," he said.     It's Wen's sixth visit to the area after the 8.0-magnitude quake stuck on May 12 killing nearly 70,000 people. More than 17,000 are still missing.

ATHENS, Nov. 24 (Xinhua) -- Chinese President Hu Jintao flew into Athens Monday for a state visit to Greece, which he said would be successful with the joint efforts by the Chinese side and the Greek side.     "In recent years, the China-Greece comprehensive strategic partnership has been consolidated continuously with increased exchanges and expanded cooperation in all sectors," said President Hu in a written speech issued upon his arrival at the airport.     He said that China attaches great importance to the development of its relations with Greece and will work together with the Greek side for the even better ties in the future. Chinese President Hu Jintao (R, front) is welcomed by Greek Prime Minister Costas Karamanlis upon his arrival in Athens, capital of Greece, on Nov. 24, 2008. Hu Jintao arrived in Athens Monday for a state visit.     The Chinese leader said that he is looking forward to in-depth exchange of views with Greek leaders on bilateral ties and other important issues.     "With the joint efforts of both sides, I believe, my current visit would be successful and would further boost the China-Greece comprehensive strategic partnership" he added.     Since China and Greece established diplomatic ties 36 years ago, bilateral relations have developed smoothly. In January 2006, the two countries agreed to forge a comprehensive strategic partnership.     Since then, the Sino-Greek relationship has entered a new development stage. The two countries have maintained frequent high-level exchanges, deepened mutual political trust, expanded economic and trade cooperation. In 2007, the bilateral two-way trade was recorded at 3.4 billion U.S. dollars, and in the first seven months of this year it reached 2.4 billion dollars.     In June this year, Greek President Karolos Papoulias visited China and had talks with President Hu. The two sides reached broad consensus on further expanding exchanges and cooperation in all areas and deepening China-Greece comprehensive strategic partnership.     President Hu, who arrived in Athens from the Peruvian capital of Lima, is on the last leg of a five-nation trip.     He has already attended the G20 summit on financial markets and the world economy in Washington and the Economic Leaders' Informal Meeting of the Asia-Pacific Economic Cooperation (APEC) forum in Lima, and paid state visits to Costa Rica, Cuba and Peru. Chinese President Hu Jintao and his wife Liu Yongqing arrive in Athens, capital of Greece, on Nov. 24, 2008. Hu Jintao arrived in Athens Monday for a state visit.

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SHANGHAI, Dec. 21 (Xinhua) -- A senior Chinese leader has urged Shanghai, the country's major economic hub, to use the global financial crisis as a driving force to pursue economic restructuring. Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference and member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, visits Shanghai Electric Nuclear Power Equipment Co. Ltd., in Shanghai, east China, on Dec. 20, 2008. Jia Qinglin paid a visit to Shanghai from Dec. 19 to Dec. 21.     Shanghai should focus on developing equipment manufacturing, modern logistics, financial services, electronic commerce, culture innovations and capsulation, said Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), during his trip to Shanghai from Dec. 19-21 .     Shanghai should try to establish a new advantage in competition and make use of its advantage of having a strong power in science and technology, said Jia.     The city should center its economic growth on increasing domestic demands while trying every means to maintain a stable growth in export, the CPPCC leader said.     During his stay in the city, Jia visited an exhibition on the 2010 Shanghai World Expo and studied the construction of the expo zone, with company of Shanghai Party Chief Yu Zhengsheng and Shanghai Mayor Han Zheng. He urged the city to do a good job in preparations for the world expo. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference and member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, talks to an employee at SAIC Motor Passenger Vehicle Company on in Shanghai, China, on Dec. 20, 2008. Jia Qinglin paid a visit to Shanghai from Dec. 19 to Dec. 21.     He also visited several industrial development zones and research institutions, to see how local companies are operating with the impacts of the global financial crisis.     In talks with local officials, Jia attached priority to finding out ways to help the country's economy develop in a stable and relatively fast way, under the current complicated international and domestic situation.     "We must unify our thinking and action to the analysis and judgment of the Central Authorities as well as the arrangements made by the Central Authorities," said Jia, who is also a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau.     Jia talked with company employees and ordinary citizens, inquiring into their life and listening to their complaints and demands. He called for a pro-active employment policy.     During his visit, the top political advisor visited leading officials of the Municipal Committee of the CPPCC, the Municipal United Front Department, and local branches of non-communist parties and the Municipal Federation of Industry and Commerce.     He urged them to play roles as "think tank" for the government and a channel to convey people's concern to the government.

BEIJING, Jan. 3 (Xinhua) -- For many Chinese who want to nab railway tickets home for the annual Spring Festival migration, the government's promise of having a better system by 2012 is just a distant hope.     Starting Friday, the first day to book tickets for the travel rush expected to last from Jan. 11 to Feb. 28, long queues appeared at ticket booths in almost every major railway hub.     In Wuhan, college students were first hit by the rush, as many schools' winter break starts from Jan. 10 to 17.     As more than 70 percent of the 1 million resident students there were expected to go home by train, local railway authorities have set up ticket agents on campus, opened more ticket booths for students at stations and offered special trains for students.     But many still found it difficult to get tickets, especially to Urumqi, Qingdao, Jinan, Harbin, Zhanjiang and Nanning. At the Wuchang Railway Station alone, more than 60,000 tickets were sold on Friday.     In Shanghai, police and security officers were put 24-hour on guard to maintain order and prevent accidents. They gave each passenger a number and assigned them to different waiting lines.     At the Beijing West Railway Station, 15 temporary ticket booths have been opened. To keep the lines at no more than 20 people as required by the Railway Ministry, Beijing railway authority set up410 ticket booths at the main Beijing Railway Station and the Beijing West Railway Station. Tickets will be sold around the clock.     Deputy General Manager of the Guangzhou Railway Group Cao Jianguo asked passengers to "be patient" and "try again" with the booking telephone hot line 96020088 in Guangdong.     Nine stations in the southern province have been networked this year with the telephone hotline, which means passengers can pick up or cancel reserved tickets much more easily by showing identification.     At Guangzhou railway stations, the Guangzhou Command College of Armed Police was mobilized at seven ticket booths. They were on duty during last year's Spring Festival rush, which was aggravated by unusual snowstorms.     The Railway Ministry expects 188 million people to travel during the coming travel rush, up 8 percent from last year, with daily traffic expected to hit 4.7 million people.     Beijing, Guangzhou, Shanghai and Hangzhou are the "most bustling hubs" before the Spring Festival, which falls on Jan. 26,so railway authorities have added 319 temporary express passengers trains this year.     Despite these efforts, many passengers still feared that they might not be able to get tickets to get home in time.     Qiao Kejiao, a Beijing hospital clerk, said she might resort to being duty on Lunar New Year Eve and traveling on the second day, when traffic would be lighter.     In a work meeting that closed on Thursday, Railway Minister LiuZhijun attributed the annual travel ordeal to inadequate rail networks. The work meeting decided that speeding up railway construction and securing railway transportation were the ministry's priority tasks in 2009.     Liu foresaw a "historic change" in 2012 when intensive investment would extend total track mileage to 110,000 km, including 13,000 km of passenger lines on which trains could run between 200 to 350 km per hour.     The scenario does not offer any immediate comfort. Associate senior editor of the Study Times, Deng Yuwen, said the real solution was not in hardware improvement such as more tracks but in management and service.     In a column in the Shanghai-based Oriental Morning Post on Saturday, he said that the per capita railway mileage in China was only 6 cm, shorter than a cigarette.     "Even after the mileage is extended from the current 78,000 km to 110,000 km, per capita rail lines in China will only be 8.5 cm. Can we really say good-bye to ticket shortages by then?"     The real culprit, he wrote, was insufficient capacity. To improve the capacity, foreign and private capital should be introduced to break the government monopoly in railway investment, he said.     The ticket distribution system should also be streamlined to avoid the "gray zone" where so-called "contract units" such as tourism agencies and outlets take advantage of contacts to hoard tickets that are then re-sold for illegal profits.     Ticket purchases under real names, a proposal that has been repeatedly rejected by the railway authorities, could help improve management and services, he said.

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JAKARTA, Dec. 23 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang met with Indonesian President Susilo Bambang Yudhoyono Monday afternoon, calling on the two countries to step up partnership and tackle the international financial crisis.     Li said that the development of cooperation between China and Indonesia, both as important developing countries in the region, serves to the significant purpose to promote peace and stability in the region and the world. Visiting Chinese Vice Premier Li Keqiang (L) meets with Indonesian President Susilo Bambang Yudhoyono (R) in Jakarta, Indonesia, Dec. 22, 2008.     Li highlighted the growth momentum of the bilateral cooperation in infrastructure and energy sectors, citing the Suramadu bridge being constructed by the Chinese company in Surabaya as a symbol of the bilateral cooperation.     Li said the two nations share huge potential for cooperation, noting that China will support and encourage the Chinese companies to participate in Indonesia's infrastructure construction, share successful experience on domestic economic development.     Li also called on Indonesia to intensify exchange and dialogue so as to tackle the current international financial crisis. Visiting Chinese Vice Premier Li Keqiang (L1) meets with Indonesian President Susilo Bambang Yudhoyono (R1) in Jakarta, Indonesia, Dec. 22, 2008.    Susilo welcomed Li's visit and recognized the rapid development of Indonesia-China relations since the two nations forged strategic partnership in 2005.     He also voiced his appreciation of the success of Beijing Olympic Games, highlighting the sports event as a pride for the Asian people.     The development of China is not only conducive to the Indonesia-China cooperation, but also of great significance to the common prosperity in the region and world as well, he said.     The Indonesian president also expressed his gratitude for China's help in the country's economic development, suggesting that the two countries work closer and boost bilateral cooperation.     The Chinese Vice Premier also addressed a welcoming luncheon hosted by the Indonesian business community on Monday. He told the entrepreneurs from 33 Indonesian provincial districts that the two-way trade is expected to exceed 30 billion U.S. dollars by the end of 2008, an objective previously set to be realized in 2010, and Chinese government is willing to make joint efforts with the Indonesian business community to expand the fields and promote the level of the bilateral cooperation.     

BEIJING, Jan. 23 (Xinhua) -- The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting Friday to study the application of the scientific outlook on development.     The meeting was chaired by the General Secretary of the CPC Central Committee Hu Jintao who is also Chinese President.     In a statement issued after the meeting, the Political Bureau urged all Party members to deepen study and application of the scientific outlook on development to promote economic growth, social stability, and the governance capacity of the CPC.     The top priority of the application of the scientific outlook on development had always been to maintain fast and steady economic development, to adjust the country's industrial structure and to safeguard and improve the livelihood of the Chinese people, the statement said.     However, it noted that China still faced a number of challenges and problems during its social and economic development.     Currently, the spreading global financial crisis and the slowdown of world economic growth had exerted great pressure on business operations of Chinese companies and the country's employment situation, the statement said.     Moreover, the environmental cost for China's economic development was too high, the statement said, adding that the country's industrial structure remained problematic and lacked independent innovation capacity.     It also said China had witnessed increasing difficulty in maintaining steady development of its agricultural sector and in increasing income of its rural residents.     Work safety, food and drug safety, and other issues of vital interest to the Chinese public must also be addressed with stepped-up efforts, it said.     The statement urged all Party members to apply the scientific outlook on development to their work to deal with the global financial crisis and maintain steady economic growth.     Party members should be fully confident while implementing government policies aimed at stimulating domestic demands and promoting economic growth, it said.

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BEIJING, Nov. 13 (Xinhua) -- Chinese Premier Wen Jiabao met here Thursday with the foreign guests attending the 2008 Annual General Meeting of the China Council for International Cooperation on Environment and Development (CCICED). During the meeting, the two sides exchanged views on how China could properly handle the relation between stable, fast economic growth and environmental protection, and achieve sustainable development, against the backdrop of the aggravating global financial crisis and the downturn of global growth. Chinese Premier Wen Jiabao (1st R Back) meets with foreign guests attending the 2008 Annual General Meeting of the China Council for International Cooperation on Environment and Development (CCICED) in Beijing, capital of China, on Nov. 13, 2008. The 2008 Annual General Meeting of the CCICED was scheduled here for Nov.12-14, featuring the theme of "Harmonious Development through Innovation". All representatives of the Council's Chinese and international members as well as its task forces' co-chairs were invited to attend the meeting.     The Council is a non-profit international advisory body established upon the approval of the Chinese government in 1992. The main task of the Council includes exchanging international successful experience in the field of environment and development, and studying key environment and development issues in China.

LONDON, Feb. 1 (Xinhua) -- Visiting Chinese Premier Wen Jiabao on Sunday warned against protectionism in face of lingering global financial crisis.     Speaking at a meeting with former British Prime Minister Tony Blair, Wen said as international financial crisis is spreading, his visit to London was to send a message of confidence for Britain and China to join hands in overcoming current difficulties. Chinese Premier Wen Jiabao (R) shakes hands with former British Prime Minister Tony Blair during their meeting in London Feb. 1, 2009. Wen is on a three-day official visit to Britain, the last leg of his week-long European tour. He noted that the two sides should further explore the potential for cooperation, and guard against trade protectionism, in particular.     The premier, who arrived in London on Saturday for a three-day official visit, welcomed British businesses to invest in China, while expressing wishes for Britain to increase exports of goods, technology and equipment to China.     On the upcoming G20 summit in April, Wen pledged that China would work together with Britain towards an active achievement.     Blair said the international community highly values China's role and views in dealing with the current financial crisis. Wen's speech at the annual meeting of the World Economic Forum in Davos has sent a message of confidence in strengthening cooperation and overcoming difficulties.     The former British prime minister noted that Britain supports free trade, and is opposed to protectionism in trade. Businesses in the country also wish to further their ties with China. Chinese Premier Wen Jiabao (R) shakes hands with Britain's Conservative Party leader David Cameron during their meeting in London Feb. 1, 2009. Wen is on a three-day official visit to Britain, the last leg of his week-long European tour.On Sunday, Wen also met with David Cameron, leader of Britain's Conservative Party, the major opposition party.     Wen told Cameron that China attaches great importance to developing relations with the Conservative Party, and is willing to further inter-party exchanges and improve mutual understanding and cooperation.     Cameron said his party and himself adheres to one-China policy and developing relations with China, and would continue to strengthen exchanges and ties.     Wen also briefed China's policy and measures on dealing with financial crisis, adding it's imperative for the two sides to adhere to fair and open trade in resolving issues arising from the international financial system.     According to the premier, Sino-British cooperation is beneficial to both countries.     Cameron noted that China has been a responsible country in coping with the financial crisis, and China's policies of stimulating domestic demands while keeping its market open has been beneficial to Britain and the world alike.     Cameron hoped that the two countries would strengthen bilateral and multilateral ties, and work together in facing the crisis.     During his three-day visit, Wen will meet with people from political, business and financial circles. He will also deliver a speech at the University of Cambridge.     On Saturday, Wen met with Stephen Perry, chairman of 48 Group Club, and the representatives of "Young Icebreakers."     His trip is a return visit for British Prime Minister Gordon Brown's China tour early last year, as a regular high-level meeting mechanism set between the two countries.     Britain is the last leg of Wen's week-long European tour, which began Tuesday and has already taken him to Switzerland, Germany, the European Union (EU) headquarters in Brussels and Spain.