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SINGAPORE, Feb. 16 (Xinhua) -- Singapore's Senior Minister Goh Chok Tong said on Tuesday that China will become even more important globally and Singapore must find opportunities to ride on China's growth.Speaking at the Business China spring reception on Tuesday night, Goh said that China has over the past year weathered the global economic downturn with exceptional resilience.Despite shrinking external demand and rising unemployment, China's timely and bold policy responses have enabled its economy to grow at a sizzling 8.7 percent last year, he said, adding that China is now reinforcing its role as the engine for growth in Asia, if not the world.Goh said that the city state recognized China's potential early, soon after China began to open up its economy in 1978.Because of the early efforts made by the Singapore government and Singaporeans, China is today the city state's third largest trading partner and top investment destination, Goh said.As for riding on China's growth, Goh said that the Singapore government will help its companies gain an even stronger foothold in China, and continue to catalyze business opportunities in China.The seven provincial-level business councils, as well as other high-level dialogues and platforms, help open opportunities for companies, reinforce the Singapore brand name and increase its mindshare in China, Goh said.

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BEIJING, Feb.25 (Xinhua) -- China's energy consumption per 10,000 yuan (about 1464.1 U.S.dollars) of gross domestic product (GDP) dropped 2.2 percent in 2009, China's National Bureau of Statistics (NBS) said here Thursday.Preliminary estimates indicate that the total amount of energy consumption last year stood at 3.1 billion tonnes of standard coal equivalent, up 6.3 percent compared to the 2008 level, according to a report released on the NBS website Thursday.The report did not reveal the exact amount of energy consumed per 10,000 yuan of GDP, but the figure for 2008 was 1.10 tonnes of standard coal, according to a previous NBS report.China's water consumption per 10,000 yuan of GDP totalled 209.3 cubic meters in 2009, down 7.6 percent from a year earlier. Water consumption per 10,000 yuan of industrial output was 116.4 cubic meters in the same period, down 8.2 percent from 2008, said the report.The report also showed that China consumed 3.02 billion tonnes of coal, 380 million tonnes of crude oil, 88.7 billion cubic meters of natural gas and 3,697.3 billion kilowatt hours of electric power in 2009, up 9.2 percent, 7.1 percent, 9.1 percent and 6.2 percent year-on-year, respectively.China has been making efforts to raise energy efficiency by eliminating high energy-consuming equipment and introducing energy-saving technologies, said the previous NBS report.Energy consumption per 10,000 yuan of GDP was down 1.79 percent year-on-year in 2006, 4.04 percent in 2007, and 4.59 percent in 2008, according to NBS.

ay station ticket lobby.     Under the new rule, ticket check might take much longer time at the railway station. Unlike an airplane that can only carry hundreds of passengers, a train normally carries 2,000 passengers and it will take long time to get all passengers aboard.     Possible delays at the train station might cause security problems, said a railway ministry official at a press conference late last year.     Fake identity cards or documents will be another problem.     According to the statement issued by the Ministry of Railways, besides ID cards, other identification documents such as diplomat certificates, military IDs, and consulate certificates, are all applicable when purchasing a ticket.     As most of these certificates couldn't be checked online, some netizens questioned if the ticket sales staff could tell the difference between a real certificate and a fake one.     "To improve the efficiency of ticket check, we have added another 100 ticket entrances and 3,000 ticket check staff at the train station," said Huang Xin, director of passenger service department of Guangzhou Railway Group said.     The Guangzhou Railway Group also started to use a new ID recognition system, including an ID card reader, a camera and a printer, to shorten the ID verification time.     "The real-name system aims to crack down on scalpers," Huang said," We're sorry for the inconveniences that might be caused by the trial. But We badly need understanding and support from passengers." People enter the Beijing West Railway Station in Beijing, capital of China, Jan. 17, 2009. Tens of millions of Chinese are traveling to their home towns or vacation spots for the Lunar New Year, or the Spring Festival, which falls on Jan. 26 this year

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UNITED NATIONS, March 18 (Xinhua) -- China on Thursday voiced its support for the liberalization of global trade and opposition to trade protectionism in all its forms in order to pave the way for the economic recovery in the world at large.The statement came as Li Baodong, the permanent Chinese representative to the United Nations, was taking the floor at the Special High-Level Meeting of the UN Economic and Social Council with the Bretton Woods Institutes, namely the World Bank and the International Monetary Fund, the World Trade Organization (WTO) and the United Nations Conference on Trade and Development."China supports the liberalization and facilitation of global trade, and opposes trade protectionism in all its forms," Li said. "We should strive for the conclusion of the Doha round negotiations in 2010 to bring about comprehensive and balanced results. We also need to redouble the efforts of the WTO to promote aid for trade, and help developing countries strengthen capacity building.""Trade is a key driver for world economic recovery," he said. " Since the outbreak of the financial crisis, world trade has plummeted, and trade protectionism is on a visible increase. Developing countries are the biggest victims of trade protectionism.""The overall situation of the world economy has now turned for the better, but with the negative impact of the financial crisis still lingering, developing countries are faced with a huge challenge in achieving the MDGs (Millennium Development Goals) on schedule," Li said.The High-level Plenary Meeting on MDGs to be held in September this year will be a major action taken by the UN system for the achievement of the MDGs in 2015, Li said."China supports the convening of this meeting and hopes the meeting will provide a platform for the international community to hear the voice of UN member states, especially that of developing countries, learn about the difficulties they have encountered in achieving the MDGs, and push for developed countries to truly shoulder the responsibility of helping developing countries, fulfill their commitments and reach consensus on future actions," he added.

HAIKOU, Feb. 13 (Xinhua) -- China's southern island province of Hainan saw a surge in travelers on Saturday, one day before the Chinese Lunar New Year, or Spring Festival, said local officials.A total of 65,397 people arrived in Hainan, a tourist resort, on Saturday, up 30.16 percent from the eve of the Chinese lunar new year of 2009, according to a spokesman with the local holiday and travel coordination bureau.A survey of 10 scenic spots in Hainan showed they received about 41,750 visitors on Saturday and their total ticket income hit 2.07 million yuan (303,000 U.S.dollars), up 7.32 percent and 12.37 percent respectively from the eve of the last Spring Festival, the spokesman said.Another survey of Hainan's 21 hotels showed they accommodated 6,101 travelers on Saturday, and reported an income of 5.04 million yuan, up 26.21 percent, he said.From Feb. 1 to Feb. 13, more than 3,800 foreign travelers arrived in Hainan for a holiday, according to statistics from the Haikou General Station of Exit and Entry Frontier Inspection."I am very happy to spend Spring Festival in such a beautiful island. I hope more foreign travelers could experience the Chinese traditional festival here," said Daniel Sanchez, a Spanish traveler.Last month, the central government announced a plan to build the island into a top international tourist destination by 2020.

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BEIJING, Feb. 16 (Xinhua) -- Foreign-funded enterprises in China exported 494.4 billion U.S. dollars worth of machinery, electrical and electronic products in 2009.A document posted on the website of the General Administration of Customs (GAC) said the figure made up 69.3 percent of the country's total exports of such products in the past year.Exports of machinery, electrical and electronic products by privately-owned enterprises totalled 106.6 billion U.S. dollars in 2009, down 8.7 percent from a year earlier, according to the document.State-owned enterprises only exported 92.1 billion U.S. dollars worth of machinery, electrical and electronic products, accounting for 12.9 percent of the country's total machinery, electrical and electronic products last year.The GAC document also said the majority of the country's exports of machinery, electrical and electronic products fell into the category of processing and assembling trade.China's exports of machinery, electrical and electronic products in the category of processing and assembling trade totalled 466.4 billion U.S. dollars last year, making up 65.4 percent of the country's total exports of such products.The country exported 713.1 billion U.S. dollars worth of machinery, electrical and electronic products last year, down 13.4 percent year-on-year. The exports contributed 59.3 percent to China's total exports in 2009.The European Union (EU), the United States of America and Hong Kong were the three major destinations for the China mainland's exports of machinery, electrical and electronic products last year.China exported 1.2 trillion U.S. dollars worth of products last year, down 16 percent from 2008, replacing Germany as the world's largest exporter.

BEIJING, Feb. 11 (Xinhua) -- Senior Chinese leader Zhou Yongkang Thursday called for efforts to ensure the nation's sound development and stability, to ensure the safe operation of the economy.Zhou, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks after hearing reports from government departments and major enterprises in the transportation and power supply sectors.He stressed the significance of the adjustment of the economic development mode, saying the adjustment would help improve the sectors' development quality and expand their space for development."Our country is still in a stage where conflicts are likely to arise," he said.He asked relevant authorities to handle conflicts and disputes properly, and to boost efforts to prevent them from taking root in the first place by balancing interests and relations between different groups of people.He also called for an "all-out" effort to ensure sound operation during the upcoming Spring Festival holiday and the two national sessions of the country's top legislative and advisory bodies.He asked relevant authorities and companies to guard against workplace and public security accidents, and to ensure supplies of coal, electricity, oil, and gas during the festive period.The Spring Festival, the Chinese lunar New Year begins Sunday this year and the holiday lasts for a week.The annual sessions of the country's legislative and advisory bodies, the National People's Congress (NPC) and the the Chinese People's Political Consultative Conference (CPPCC), to be held in March, are China's two most important political gatherings

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TIANJIN, March 21 (Xinhua) -- The construction of a new express railway section between two cities near Beijing was kicked off Sunday, which, when completed, is expected to further speed up economic integration around the Chinese capital.The 158-km-long railway linking coastal Tianjin and Baoding in Hebei Province will shorten the journey between the two cities to less than an hour.The project is part of the railway network that covers Beijing, Tianjin and cities in Hebei."The network will serve as an important impetus for the integration of the cities around Beijing," said Wang Ailan, a researcher with the Tianjin Academy of Social Sciences.An express railway between Beijing and Tianjin was put into operation in August 2008, shortening the 120-km journey between the two municipalities to only 30 minutes from the previous 74 minutes at least.The intercity railway network is centered at Beijing and Tianjin, and all the cities covered by the network, including Hebei provincial capital Shijiazhuang and coastal Qinhuangdao, can reach each other within two hours' rail ride, according to the plan .With an investment of 24 billion yuan (about 3.5 billion U.S. dollars) and a designed speed of 250 km per hour, the section between Tianjin and Baoding will serve both passenger and freight trains.The railway between Tianjin and Qinhuangdao, which is under construction, boasts a designed speed of 350 km per hour and will cut the trip between the two cities to 50 minutes when completed. Currently, the fastest train journey between the two port cities is about two hours.A high-speed passenger rail between Beijing and Shijiazhuang is also under construction. By 2012, 11 cities in Hebei will be covered by high-speed rails, and by 2020, the intercity railways between Beijing, Tianjin and cities in Hebei will reach 710 kilometers.

BEIJING, Feb. 25 (Xinhua) -- China defended its move to reduce its holdings of U.S. Treasury securities, saying the United States should take steps to promote confidence in U.S. dollar .Foreign Ministry spokesman Qin Gang made the comment Thursday when responding to questions on China's sale of U.S. Treasury securities last December.Qin said the issue should be viewed from two perspectives.He said on the one hand, China always followed the principle of "ensuring safety, liquidity and good value" in managing its foreign exchange reserve. And when it came to how much and when China buys the bonds, the decision should be made taking into account the market and China's need, so as to realize rational deployment of China's foreign exchange property, he said.And on the other hand, the United States should take concrete steps to beef up the international market's confidence in the U.S. dollar, Qin said.The way to view the issue was similar to doing business, he said.China trimmed its holdings of U.S. debt by 34.2 billion U.S. dollars in December 2009, leaving Japan the largest holder of U.S. Treasury securities, the U.S. Treasury Department reported on Feb. 16.As of the end of November last year, China held 789.6 billion U.S. dollars of U.S. Treasury bonds.

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