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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, March 5 (Xinhua) -- Premier Wen Jiabao Friday called for the mainland and Taiwan to enhance mutual political trust and strengthen the political foundation for a peaceful relationship.The mainland and Taiwan should uphold the principle that the two sides belong to one and the same China, Wen said in the government work report at the annual session of the National People's Congress, the top legislature.Wen hailed the progress made in mainland-Taiwan relations during the past year, saying that continuous improvement has brought real benefits to the people.Ties across the Taiwan Strait have warmed up in recent years, with the realization of direct air and sea transport links and postal services.The two sides are also negotiating about an economic pact, the Economic Cooperation Framework Agreement (ECFA), which aims at normalizing trade and investment links.Wen said in the report that a unique economic cooperation mechanism would be established through negotiating and signing the ECFA.In an online chat with Internet users on Saturday, Wen said the mainland is willing to make concessions when negotiating."The reason is very simple: Taiwan compatriots are our brothers," he said.

BEIJING, Feb. 24 (Xinhua) -- Chinese lawmakers Wednesday called for improving the country's food safety supervision network after a nationwide law enforcement inspection tour.National lawmakers started the inspection tour last September after the Food Safety Law took effect last June.Lu Yongxiang, vice chairman of the National People's Congress (NPC) Standing Committee, told lawmakers that many regions had not completed reform of the food safety supervision mechanism.Most of the cities and counties had not started the reform yet, Lu said at a three-day bimonthly session of the top legislature that started Wednesday, when presenting a report of the inspection tour.He called for stronger coordination led by health departments.The report suggested establishing a national food safety risk assessment center and a food safety standard management system.Earlier this month, the State Council set up a food safety commission consisting of three vice premiers and a dozen minister-level officials.The lineup of the commission's members includes Vice Premiers Li Keqiang, Hui Liangyu and Wang Qishan, as well as more than ten heads or vice heads of government departments in charge of health, finance, and agriculture among other portfolios.The establishment of the commission followed a string of nationwide crackdowns and arrests in the wake of new melamine-tainted milk products being found in Shanghai as well as Liaoning, Shandong and Shaanxi in recent months.

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HANOI, Feb. 4 (Xinhua) -- Vietnamese National Assembly Chairman Nguyen Phu Trong said here on Thursday that Vietnam vows to advance friendly ties with China.Trong made the remarks when meeting with Han Qide, vice chairman of China's National People's Congress Standing Committee, and president of the Chinese People's Association for Peace and Disarmament.Trong said Vietnamese and Chinese high-level officials have been committed to developing bilateral comprehensive strategic cooperative partnership.Bilateral relations are developing in a fine manner, with expanding economic and trade relations and active people-to-people exchanges, said Trong.Trong said Vietnam would spare no effort to advance bilateral friendly relations.Han said in the meeting that China and Vietnam have been expanding cooperation in economic and trade, culture, science, education and other fields in recent years.The two countries have seen strengthened cooperation and coordination in international and regional issues, said Han.Han said China and Vietnam have decided to develop comprehensive strategic cooperative partnership, which injected new impetus to bilateral relations.Han said this year marks the 60th anniversary of the establishment of diplomatic ties between the two countries and the Year of Friendship. China would like to take this opportunity to enrich bilateral relations and push forward the bilateral ties to a new level.

BEIJING, March 12 (Xinhua) -- Chinese mainland held ceremonies Friday commemorating the 85th anniversary of the death of Dr. Sun Yat-sen, the forerunner of the anti-feudalism revolution in China.In Beijing, a ceremony was held in Zhongshan Park, a park named after Dr. Sun.Abdul'ahat Abdulrixit, vice chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), China's top political advisory body, Zhou Tienong, chairman of the Central Committee of the Revolutionary Committee of the Chinese Kuomintang (RCCK), Lou Zhihao, deputy head of the United Front Work Department of the Communist Party of China Central Committee, and Beijing Vice-Mayoress Cheng Hong placed flower baskets at the foot of a statue of Sun Yat-sen.The ceremony was presided over by Li Wuwei, vice chairman of the Central Committee of the RCCK, and was joined by more than 200 people including representatives from the Standing Committee of the National People's Congress, China's top legislature.Local officials and citizens in east China's Jiangsu Province marked the day at the mausoleum of Dr. Sun in Nanjing, capital city of Jiangsu, honoring his spirit and achievements in the revolution and calling for national reunification.In Shanghai, books were published about Dr. Sun and his wife, Soong Ching Ling, former Chinese Honorary President, commemorating his death.A local official at the Shanghai ceremony held in the former residence of Dr. Sun, said he hoped that the books would promote patriotism among the public, especially the youth.Dr. Sun was born in 1866 and died in 1925. He is known to the Chinese as a "great revolutionary and statesman" who fought against feudalism and imperialist aggression and for the independence and freedom of the Chinese people. Memorial ceremonies are held every year on the date of his death around the nation.

BEIJING, Jan. 27 (Xinhua) -- China is scheduled to issue 26 billion yuan (3.82 billion U.S. dollars) of book-entry treasury bonds from Jan. 28, the Ministry of Finance (MOF) announced Wednesday.The two-year bonds, the first batch of treasury bonds this year, will be issued on the national inter-bank bond market and securities exchange market on Jan. 28 and Jan. 29, the MOF said in a statement on its website.The bonds have a fixed annual interest rate of 2.01 percent and will be available for trading from Feb. 2. Interest will be paid annually. The principal will be paid upon maturity on Jan. 28, 2012.

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BEIJING, March 14 (Xinhua) -- China saw a 32.9 percent growth year-on-year in fiscal revenue in the first two months of the year due to factors including rising tax revenue following continued economic recovery, the Ministry of Finance (MOF) announced Sunday.Fiscal revenue for January and February combined reached more than 1.36 trillion yuan (about 200.05 billion U.S. dollars), the MOF said in a statement posted on its website.Of the total, the central fiscal revenue topped 702.7 billion yuan, up 36 percent from the same period in 2009, while local governments raked in 657.61 billion yuan, up 29.7 percent.Fiscal revenue in January was 865.9 billion yuan, up 41.2 year on year and exceeding February's 494.5 billion yuan.The statement said the big difference in fiscal revenue between the past two months was resultant because a nationwide seven-day Spring Festival occurred in February, leading to fewer working days in the month.The MOF attributed the fast fiscal revenue growth to the continuing economic recovery in China which boosted tax revenue, and a low comparison base in the first two months last year, when revenue was down 11.4 percent due to the financial crisis.China's National Bureau of Statistics released figures last Thursday which showed in January and February, the country's industrial output grew 20.7 percent, and retail sales of consumer goods rose 17.9 percent, while the urban fixed assets investment leapt 26.6 percent, and import and export in general trade soared by 52.1 percent.

BEIJING, March 6 (Xinhua) -- A 17 percent year-on-year increase in China's broad money supply, and a target of 7.5 trillion yuan (1.1 billion U.S. dollars) for this year, indicated a relatively easy monetary policy, said Su Ning, deputy governor of the People's Bank of China, the country's central bank.Speaking on the sidelines of the ongoing annual session of the top legislature, the National People's Congress (NPC), Su said the 17 percent increase in the nation's broad money supply was larger than the combined increase of targeted GDP and CPI growth, which suggested an "easy" monetary policy."If M2 (the broad measure of money supply) growth is 2 to 3 percentage points higher than the combined growth of GDP and CPI, the monetary policy could be seen as easy," said Su.Chinese Premier Wen Jiabao said Friday, in the government work report submitted to the NPC, that China targeted an approximate 3 percent rise in consumer prices and 8 percent GDP growth this year.Su further believed the 17 percent increase in the broad money supply would be able to support the ongoing economic recovery throughout the country.China's financial institutions lent a record 9.6 trillion yuan in new yuan-denominated loans last year, almost double that of the previous year, to spur the economy amid the global downturn, but it was accompanied by soaring property prices and rising expectations of possible inflation.Su said the 7.5 trillion yuan in new lending this year should speed up completion of projects under construction, rather than support new projects.

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GUANGZHOU, Jan. 21 (Xinhua) -- Southern Guangdong Province launched the pilot real-name ticket system Thursday morning amid China's efforts to curb ticket hoarding by scalpers.China's first real-name ticket was booked at 7:03 a.m. by phone, confirmed the ticket booking system of Guangzhou Railway Group (GRG), operator of the province's railways.The ticket, priced at 423 yuan (61.96 U.S. dollars), was for a hard berth on a train coded K446 scheduled for Jan. 30, running from south China's Shenzhen City to northwestern Xi'an City.The real-name system covers tickets of trains scheduled for the 40-day Spring Festival travel peak starting from Jan. 30. These tickets are now available as travellers can book 10 days in advance by phone.Travellers are able to dial hot lines to book tickets and get them from wickets in railway stations or ticket agencies before midnight the day after the booking.The traveller only need to follow automated voice instructions and dial in necessary information. After the booking is accepted and processed in a computerized database, the automated voice system will issue a booking code. With the code and ID card at hand, the traveller can get his ticket from wickets in railway stations or ticket agencies."This procedure is expected to prevent long queues at the windows because most of the communication is made on phone," said Huang Xin, head of GRG's passenger transport section.The National Development and Reform Commission forecast some 210 million train trips during the Spring Festival rush, a year-on-year rise of 9.5 percent.The real-name system has drawn much attention in China. It still needs to be seen whether the system can effectively curb ticket hoarding. There are also worries that the newly introduced ID checks may paralyze railway stations because of the heavy workload involved.GRG will hold a press conference at around 9:00 a.m. on Thursday to reveal more details on the system.

BEIJING, Feb. 8 (Xinhua) -- Senior leader Li Changchun has called on Chinese artists and writers to help promote the prosperity of socialist culture and contribute to the Chinese nation's rejuvenation."The promotion of prosperity of a socialist culture is facing a very good opportunity," said Li, who is a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China (CPC), Sunday at a seminar with the country's well-known writers and artists.The Chinese artists and writers should remain closely connected with the public so that their works reflect people's concerns and wishes, he said.He also encouraged them to be innovative and to explore new areas of arts to meet the demand of the public and the market.He hoped the artists and writers could introduce more works to foreign countries to enhance the international influence and competitiveness of the Chinese culture.Li visited a new center built for the Chinese writers and artists Sunday and extended festival greetings to the representatives.The Chinese are to celebrate their Spring Festival, or Lunar New Year, in mid February this year.

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