Tag Archives: China

China Special Series–Chinese wears better than ever before

By Xuefei Chen Axelsson

STOCKHOLM, Nov. 12(Greenpost)–No matter you travel in the subway or in a bus, you will see beautiful boys and girls wearing beautiful clothes.

 

Even in the countryside, the free market sells various kinds of beautiful clothes and the prices are not expensive.

All the people no matter old or young, they just wear very good clothes. In other words, very new clothes.

When I was a child, we learnt from Lei Feng, a role model for youth. He said he wore a pair of socks for 9 years. Nowadays people have a lot of clothes and people begin to change a lot too.

Women change much more than men. But some men are also good at changing and buying new clothes.

Some women even go to another extreme to have too much clothes.

Children’s clothes are also in a great variety.  China’s export actually started with textile industry.

In Marx’s words, clothes, food, house and travel are not a problem now.

According to Xi Jinping’s report at the 19th CPC National Congress,  among 1.3 billion people, now there are still four percent of the total population living under poverty line. That translates into 40 million people and that is four times more than the whole Swedish population.

Xi has promised that China will wipe out poverty in three years by 2020. That is a great goal and that will really mark China to enter a new era.

I was so glad to see this when I was in China two weeks ago.

China has changed greatly and is experiencing the great transformation. Green environment is the goal people strive for.

 

 

China is willing to work with all parties in the Arctic

By Xuefei Chen Axelsson

STOCKHOLM, Aug. 7(Greenpost)–China is willing to facilitate maritime transport and work with all parties in the Arctic. Exchanges and coordination with relevant countries are encouraged in this area. Closer cooperation will be carried out to improve the market environment for international transportation and to facilitate maritime transportation. China is willing to enhance customs cooperation with countries along the Road, and to promote information exchange, mutual recognition of customs regulations,and mutual assistance in law enforcement, according to a vision issued by China’s NDRC on June 20, 2017.

Strengthening the connectivity of information infrastructure and networks. Information networks will be improved in countries along the Road by jointly building a system with broad coverage for information transmission, processing, management and application, a system for information standards and specifications, and a network security system, thus providing public platforms for information sharing.

Participating in Arctic affairs. China is willing to work with all parties in conducting scientific surveys of navigational routes, setting up land-based monitoring stations, carrying out research on climatic and environmental changes in the Arctic, as well as providing navigational forecasting services. China supports efforts by countries bordering the Arctic in improving marine transportation conditions, and encourages Chinese enterprises to take part in the commercial use of the Arctic route. China is willing to carry out surveys on potential resources in the Arctic region in collaboration with relevant countries, and to strengthen cooperation in clean energy with Arctic countries. Chinese enterprises are encouraged to join in sustainable exploration of Arctic resources in a responsible way. China will actively participate in the events organized by Arctic-related international organizations.

Source: Xinhuanet

A study paper by ISDP points out further cooperation areas between China and Nordic countries

Xuefei Chen Axelsson

STOCKHOLM, Feb. 22(Greenpost) — A study published in November by Swedish Institute of Development and Policy  argues that both China and the Nordics have significant gains to make through closer cooperation. Relations based at the larger, Nordic regional level would be more interesting to China. Bilateral relations with five small individual states would be less so.

DSC_3010The paper says that the Nordic countries share common concern and interests, and maintain basic policy frameworks. Towards China, however, the Nordics diverge on geopolitical stakes, mutual competition, economic structures and multilateral affiliations.

  • Substantial efforts will be needed to strengthen Nordic collaboration as a union, in order to maintain meaningful relations with China. Further challenges lay ahead in developing Nordic institutional coherence at the European sub-regional level.
  • People-to-people relations leave space for improvement. The overall public image of China among Nordic societies has deteriorated in recent years, however, data is sparse and this trend may vary among Nordic countries.
  • Equally, the understanding of China by Nordic populations is poor, not least in the fields of political affairs, development and security policy. Deeper dialogue on areas of common interest such as the Arctic and “Belt and Road” region offer opportunities.
  • Economic relations have been fruitful. However, some opportunities remain underutilized. Nordic input on innovation, entrepreneurship, welfare and urban governance could be of great value to China’s domestic reforms. In turn, China’s reforms offer numerous projects, new markets and investment opportunities to Nordic enterprise.
  • Scientific and environmental relations are areas which both parties have shared mutual competences. China is fast becoming one of the innovative countries in the world. Here, the Nordic region can provide training opportunities and access to key expertise. In turn, Chinese scholars and expertise can complement areas where the Nordic region lacks its own resources.
  • Security and development are fields of complex relations. China has shown great commitment to development in recent years whilst Nordic institutions exist as knowledge bases for development policy.
  • Looking ahead, active and tangible policy measures will be required to gradually expand and then deepen relationships. In the short term, both sides should work towards building a base for further engagement. In the medium term, coherent and mutually recognized frameworks are needed to guide and interconnect policy efforts. In the long term, Sino-Nordic linkages can become a hub for dialogue and international coordination.
  • At last, Greenpost likes to give a little bit analysis. The low tide of engagement between China and Nordic countries were due to two reasons. One was the the relations with Norway, and the other was the Chinese side that has reduced official visits abroad because of anti-corruption campaign.  With the normalization of China- Norway relations, I predict that China and Nordic relations should face a new tide with the initiative of one belt and on road as well as cultural going abroad.

China publishes new action plan on human rights

2016-09-29 13:20:02    Xinhua      Web Editor: Wang Kun
The Chinese government on Thursday published its third national action plan on human rights protection, addressing challenges and promising to improve people’s standard of living and quality of life.

The National Human Rights Action Plan of China (2016-2020), released by the State Council Information Office (SCIO), follows the previous two which covered 2009-2010 and 2012-2015 periods.

According to the new action plan, the period from 2016 to 2020 is a decisive stage for China to build a moderately prosperous society in an all-round way.

Although China’s human rights protection has moved up to a new level, problems remain, including those closely related to the people’s vital interests, the plan said.

The rule of law in safeguarding human rights needs to be further promoted and more efforts are required to realize higher levels of human rights protection, it said.

In an interview with Xinhua, an official of the SCIO said the action plan synchronizes with the country’s 13th Five-Year Plan (2016-2020), with the protection of human rights running in parallel with economic and social development over the next five years.

The action plan vows more resources and policy support for rural, remote and under-developed areas and aims to ensure equal access to public services, said the official.

In the coming five years, the Chinese government will combine human rights with economic, political, cultural and social progress, ecological protection and Party building and adhere to the people-centered development approach, according to the action plan.

China will put the protection of people’s rights to subsistence and development in the first place and take people’s well-being and all-round development as both the starting point and ultimate goal of China’s human rights work, it said.

The joint meeting mechanism as well as supervision and assessment will be improved to ensure the implementation of the action plan, it said.

Guaranteeing civil and political rights

“Law-based governance shall be advanced, judicial protection of human rights strengthened and orderly civil participation in political affairs expanded to effectively protect the people’s civil and political rights,” the action plan said.

In the plan, China promises to expand citizens’ rights to know through various channels, and increase means of their participation in social governance.

China will give more space to public opinion, increase ways of expression, improve supervision system for the operation of power, and protect citizens’ rights of free expression in accordance with the law, the action plan said.

Protecting rights for specific groups

The action plan highlighted measures to protect the lawful rights and interests of ethnic minorities, women, children, elderly people and the disabled.

The state will prioritize the development of ethnic minorities, and respect and protect their rights.

Objectives set in the National Program for Women’s Development (2011-2020) is expected to be realized to eliminate gender discrimination, improve the environment for women’s development and protect the legitimate rights and interests of women.

The level of social security and basic public services for the disabled will be raised, and efforts will be made to bring them more opportunities to participate in social life on an equal footing, the action plan said.

Stressing environmental rights

The action plan stressed to implement the strictest possible system of environmental protection, addressing environmental problems including air, water and soil pollution.

By 2020, the ratio of days with good air quality in cities above the prefecture level shall exceed 80 percent and the total emissions of sulfur dioxide and nitric oxides drop by 15 percent.

In a move to curb water pollution, by 2020, the chemical oxygen demand amount and total emission of ammonia nitrogen shall drop by 10 percent, and excessive exploitation of groundwater shall be brought under strict control.

The action plan also urged to protect marine resources and environment, and upgrade the energy structure, it said.

Boosting international exchanges

China will continue to fulfill its obligations to the international human rights conventions, and actively conduct international exchanges and cooperation in the field of human rights, said the action plan.

“China shall fully participate in the work of the UN’s human rights mechanisms, and promote the United Nations Human Rights Council and other mechanisms to attach equal importance to economic, social and cultural rights as well as civil and political rights, and function in a fair, objective and non-selective manner,” it read.

In the plan, China will increase consultation and cooperation on human rights with the other four BRICS members (Brazil, Russia, India and South Africa), developing countries and the G77 (group of developing nations).

China will also participate in regional and sub-regional activities on human rights, such as the Informal Asia-Europe Meeting (ASEM) Seminar on Human Rights, the action plan added.

Source Xinhua  and CRI

China Voice: No need to overreact to China’s overseas NGO law

    BEIJING, May 4 (Greenpost) — Some people appear to have misunderstood China’s new law on overseas NGOs.
They seem to have failed to notice anything beyond the law’s restrictive provisions. News flash: There are few laws that only forbid, and this is not one of them.
When the new law takes effect in January, overseas NGOs will walk out of the shadow they have long stood in. Those with solid reasons to operate in China will have a legal identity, a clear code of conduct and protection of their rights and interests from the government and legal system. They will also be subject to supervision, just like their domestic counterparts are.
One issue that drew much concern is the involvement of the police in the registration and regulation processes.
China is hardly the only country in the world to place trust in law enforcement and, as lawmakers have repeatedly pointed out, the police have the resources and expertise to deal with foreigners. Rather than this being the “hostile setup” espoused by certain parties, it is a pragmatic arrangement to ensure an efficient and professional service.
The police have not been handed unrestricted power, and systems will be in place to assure accountability and, should they fail in their duty, suitable punishments.
When comparing previous drafts of the law, which went through three readings, it is clear that great effort has been made to develop a balanced and comprehensive law.
Gathering opinions from different parties including foreign NGOs that already operate in China, the top legislature made notable changes through every reading.
For instance, the adopted law removed a provision in the original draft that limited foreign NGO offices on the Chinese mainland to one, and deleted the five-year operational limit on representative offices. Restrictions on staff and volunteers were also lifted.
The draft had required a permit for NGOs that wanted to operate temporarily on the mainland. In the adopted law this has been changed to a compulsory report with the regulator 15 days before the program begins.
The Ministry of Public Security has promised to work out detailed protocols and publish this code of conduct as quickly as possible so that overseas NGOs will have enough time to prepare for registration.
China is still in the process of modernization, not only economically but also in governance. It is in its best interest to have a dynamic NGO sector, which features both domestic and foreign entities. From education, environmental protection to poverty relief, NGOs have an important part to play.
The law may not be perfect but it is a good beginning. It is likely that problems may emerge as it is enforced but, with the support and cooperation of NGOs, these problems can be properly addressed.
The law was drafted to give NGOs a more stable and positive environment in which to work in China. It will be a mutually beneficial relationship, better than letting the good and bad mix into the grey. Enditem

 

Xinhua Insight: Lawmakers approve China’s five-year plan against economic headwinds

BEIJING, March 16 (Xinhua) — Chinese lawmakers on Wednesday approved the country’s economic and social development blueprint for the 2016-2020 period, which sets targeted average annual economic growth at above 6.5 percent in the next five years.

A total of 2,778 lawmakers, or 97.27 percent, voted in favor of the five-year plan at the closing meeting of the annual session of the National People’s Congress (NPC).

China has set 2020 as the target year to realize the first “centenary goal” of building a moderately prosperous society in all respects, pledging efforts to double GDP and per capita personal income from the 2010 level before the Communist Party of China’s 100th anniversary of founding in 2021.

To this end, the five-year plan aims to keep medium-high growth in the next five years. By 2020, the size of China’s economy is expected to exceed 90 trillion yuan (13.8 trillion U.S. dollars), compared with 67.7 trillion yuan in 2015, according to the plan.

Addressing fellow lawmakers at the closing meeting, top legislator Zhang Dejiang called the 13th Five-Year Plan a document of “guiding importance” in the final stretch toward building a moderately prosperous society in all respects.

His words came amid rising economic headwinds in China, with uncertainties clouding global economic recovery.

China’s economy expanded 6.9 percent year on year in 2015, the slowest in a quarter of a century, weighed down by a property market downturn, falling trade and weak factory activity.

The government now hopes to shift the economy from the previous mainstay of exports and investment toward services and consumer spending.

According to the five-year plan, the reform and opening up drive will continue between 2016 and 2020.

China will push ahead urbanization and agricultural modernization, coordinate development in urban and rural areas, and work to improve the people’s well-being across the board so that all people can share the fruits of development.

An innovation-driven development strategy shall be implemented, while industries must be propelled toward medium-high end, the document read.

By 2020, advances should be made in core technologies such as information communication, new energy, new materials, aviation, biological medicine and intelligent manufacturing, it said.

The environment is another key priority in the 2016-2020 plan.

As binding targets, water consumption per 10,000 yuan of GDP will fall 23 percent by 2020, while energy consumption per unit of GDP will be cut by 15 percent. Carbon dioxide emissions will also be cut by 18 percent.

Major progress should be made on the China-proposed Belt and Road Initiative, and the service trade’s share in total foreign trade would be increased.

“The five-year plan has offered a clear roadmap for the fulfillment of our centenary goal,” said Liu Xiya, an NPC deputy.

In his government work report, Premier Li Keqiang said China had successfully fulfilled all the main tasks and targets set out in its 12th Five-Year Plan (2011-2015), setting a positive tone for the implementation of the new one.

Chinese can derive great confidence and a strengthened sense of unity from the country’s achievements, drawing on them to forge ahead on this new leg of the journey toward the Two Centenary Goals, he said.

His optimism was shared by Liu. “The next five years will mark the home stretch to 2020 target, and there is every reason to believe that we can deliver on those targets since our economic fundamentals are still sound,” she said.

The drafting of the new plan started early. A plenary session of the Communist Party of China (CPC) Central Committee last year was dedicated to review proposals for the five-year development blueprint and set its overarching principles.

A draft version of the plan was submitted to lawmakers for review at this year’s annual legislative session, during which dozens of changes were made.

Kan Ke, an official with the secretariat of this year’s NPC session, said the formulation of the final document was a very China-style political process: The proposition of the ruling Communist Party becomes the will of the state in a due course of legislative procedures.

He added that the drafting process was in line with the evolution of modern state governance, and is conducive to the implementation and enforcement of the Party’s decisions.

His words were echoed by Zheng Yongnian, professor and director of the East Asian Institute of the National University of Singapore.

Zheng hailed the consistency of China’s political and economic design in comparison with the West, where “a political party may make plenty of pledges before elections, but fail to deliver after coming to power.”

Kan agreed. “Coherence is the basis for our economic and social development. This is where our institutional superiority comes from,” he said.  Enditem

 

Editor  Xuefei Chen Axelsson

 

China urges EU to accept its market economy status

   BEIJING, March 10 (Xinhua) — China on Thursday urged the European Union (EU) to obey the rules of the World Trade Organization (WTO) and stop its unfair treatment of China.

Foreign Ministry spokesperson Hong Lei made the remarks following comments by EU Trade Minister Cecilia Malmstrom on Wednesday. She said the EU must maintain solid trade defenses even if it decides to grant China market economy status.

China joined the WTO in 2001. The WTO accession protocol means China will automatically transit to a market economy for Europe by Dec. 11, 2016, the 15th anniversary of its accession to the organization. However, Europe insists this must be debated.

“We’ve heard different opinions on China’s market economy status from the EU recently,” Hong said, noting that China had fulfilled its obligations since becoming a member of WTO.

So far, over 80 countries, including Russia, New Zealand, Singapore and Australia, have recognized China’s status as a market economy.

China is now the EU’s second largest trading partner and one of the biggest markets for the 28-member bloc.

The EU is an important member of the WTO, a vital supporting force to the multilateral trade and international legal systems, Hong said, adding that China hopes the EU will fulfill its commitments to China’s entry into WTO.  Enditem

 

 

Commentary: Time for EU to grant China market economy status

by Xinhua writer Chen Jipeng

BEIJING, Jan. 13 (Xinhua) — It is high time for European Union (EU) member states to grant full market economy status to China, the second largest trading partner of the 28-nation bloc.

The market economy status is relevant for Chinese exporters because it determines the way in which dumping is assessed in EU’s trade remedy cases against imports from China. With market economies, the assessment of dumping is based on a comparison of the export price and the domestic price of the product in question.

However, China’s non-market economy status is often cited so that the domestic price in China is not considered a suitable benchmark. The export price is compared with domestic price of a surrogate country.

In one of such cases, the United States was chosen as a surrogate country to assess the price levels of stainless steel from China. This is obviously unfair given the much higher labor cost in the United States and the tendency of the producers in the United States — who compete against Chinese companies — to inflate price estimates.

Fortunately, the legal basis for such an obviously unfair practice will no longer exist starting from Dec. 11 this year, under the provisions of the World Trade Organization accession protocol signed by China.

Commissioners from the EU’s 28 members will on Wednesday debate for the first time the issue of granting China full market economy status from December.

Legal experts are of the opinion that the European Union should grant China full market economy status, according to European media reports.

The non-market economy status of China, however, has often become a convenient weapon for trade protectionists. Some of the EU members have continued to be swaying over the issue to retain an unfair advantage.

Nevertheless, the undoubtedly protectionist practice is obviously out of time. Despite its existence, bilateral trade between China and the EU have been growing quickly. China is now the EU’s second largest trading partner and one of the biggest markets for the 28-member bloc. The idea of free trade and comparative advantage has been the driving force behind the phenomenal growth. Sticking to a weapon of protectionism would only increase frictions rather than help the gigantic bilateral trade.

It is known that China has built an efficient market economy to achieve remarkable growth over the decades and it is duly recognized by more than 80 countries, including Russia, New Zealand, Singapore and Australia.

A quick look at the list of the countries that the EU has recognized as market economy tells us that China deserves the market status, too.

It is advisable for some of the EU members to dump the idea of resolving to labelling one of their top trading partners as a non-market economy for a bit of protection. If history tells, it is much wiser to continue opening up and practise free trade.  Enditem

 

China-Europe fast rail brings mutual benefit

CHENGDU, Jan. 2 (Xinhua) — Trains made nearly 180 round trips between Chengdu, capital of southwest China’s Sichuan Province and Lodz, Poland, in the last two and a half years.

Since 2013, three trains a week have made the 9,826 kilometer trip on the Chengdu-Europe fast rail, reaching Poland via Kazakhstan, Russia and Belarus.
“Commodities are transported to Europe within 15 days,” said Xu Pingfu, vice director of the Chengdu logistics office. “It is the fastest freight railway between China and Europe.”
Around 300 trains will ply the route in 2016, which will extend to Hamburg in Germany and Tilburg in the Netherlands. Commodities from coastal cities like Shanghai, Shenzhen and Xiamen are transported to Chengdu and from there to Europe because of the line’s low cost and high reliability.
“The price of transporting commodities on the Chengdu-Europe line is one fifth of the air freight cost, and it is three times faster than shipping,” said Xu.
Chengdu will spend a total of 1.9 billion yuan (300 million US dollars) in the next three years building China’s largest international railway port, said Chen Zhongwei, director of Chengdu logistics office.
Many leading exporters are considering moving to Chengdu for these reasons, according to Chen.
“We aim to be the pivot between Europe and Pan-Asia by building international railways and establishing a European commodity distribution center in the next three years,” Chen said.   Enditem

Editor: Xuefei Chen Axelsson

 

China inks nuclear power partnership deal with Thailand

  GUANGZHOU, Dec. 24 (Xinhua) — China and Thailand reached an agreement Wednesday to cooperate on a nuclear power project in south China’s Guangxi Zhuang Autonomous Region, the China General Nuclear Power Group (CGN) announced on Thursday.

According to the agreement, CGN, Guangxi Investment Group Co. Ltd., and Thailand’s Ratchaburi Electricity Generating Holding Public Company Limited (RATCH), a subsidiary of the state-owned Electricity Generating Authority of Thailand, will team up to establish a joint venture to develop, construct and operate the second phase of the nuclear power plant in Fangchenggang City.

The project is a pilot site for Hualong One nuclear power technology, the country’s third-generation nuclear reactor design, which was jointly designed by CGN and China National Nuclear Corp. (CNNC).

Rum Herabat, chief executive officer of RATCH, said the project has the support of the Thai government. He said he hopes cooperation with China will help Thailand train talent and gain experience in nuclear power development.

The project will also serve as a bridgehead for China’s nuclear power technology to expand in the ASEAN market.  Enditem

Editor  Xuefei Chen Axelsson

China, Kyrgyzstan ink deals to cement pragmatic cooperation

   BEIJING, Dec. 16 (Xinhua) — China and Kyrgyzstan on Wednesday signed a number of cooperative documents in finance, culture and energy after talks between the prime ministers of the two countries.

“China is willing to discuss industrial capacity and investment cooperation with Kyrgyzstan,” said Premier Li Keqiang during talks with his Kyrgyz counterpart Temir Sariyev in Beijing.

Sariyev is paying an official visit to China. He just attended the two-day 14th Shanghai Cooperation Organization (SCO) prime ministers’ meeting in the central Chinese city of Zhengzhou.

He said Kyrgyzstan is ready to align its development strategy with China and actively promote cooperation on industrial capacity.

Li voiced the willingness of providing technology and production equipment to Kyrgyzstan, in a bid to help the country speed up its industrialization and independent development.

He urged the two sides to push forward cooperation in infrastructure construction and called for early resumption of the working group meeting on the China-Kyrgyzstan-Uzbekistan Railway project.

He hoped the two sides to advance the construction of big cooperative projects, including the north-south highway in Kyrgyzstan and a highway around the Lake Issyk Kul.

The premier also supported the two countries to speed up construction on cross-border transportation passageway and set up port cooperation mechanism.

In the context of complicated international and regional security situation, Li said China and Kyrgyzstan should strengthen law-enforcement and security cooperation to cope with the threat of terrorism.

As Kyrgyzstan will host the 15th SCO prime ministers’ meeting, Li said China will work with Kyrgyzstan to bolster the organizing matters of the SCO and the pragmatic cooperation among SCO members.

Sariyev welcomed China’s investment in transportation, energy and social infrastructure.

He said Kyrgyzstan is willing to work with China to push forward infrastructure construction cooperation and carry out the China-Kyrgyzstan-Uzbekistan Railway project as soon as possible.

After their talks, the two prime ministers signed a joint communique between their governments.

In the communique, the two sides agreed to promote pragmatic cooperation within the framework of joint construction of the Silk Road Economic Belt.

The two sides decided to enhance financial cooperation and accelerate settlement in local currency.

The two sides will strengthen cooperation on expanding the export of Kyrgyz agricultural products to China and will hold consultation on Chinese market access of Kyrgyz meat products.

In the document, the two countries vowed to enhance information sharing and jointly fight the “Three Evil Forces” of terrorism, separatism, and extremism, including the Eastern Turkistan Islamic Movement (ETIM).

The two countries also agreed to enhance coordination within the framework of United Nations, the SCO and the Conference on Interaction and Confidence-Building Measures in Asia (CICA). Enditem

 

 

“All-weather friends” China, Zimbabwe agree to boost practical cooperation for common development

HARARE, Dec. 1 (Greenpost) — China and Zimbabwe agreed Tuesday to translate their time-honored friendship into stronger impetus for bilateral practical cooperation so as to achieve common development and prosperity.

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The consensus came as Chinese President Xi Jinping, who is here for a state visit to the African country, and his Zimbabwean counterpart, Robert Mugabe, held talks in the State House and jointly charted the course for the future development of bilateral ties.

China and Zimbabwe, with their traditional friendship both having a long history and growing ever stronger now, are “real all-weather friends,” said Xi, adding that they should not only be good friends on politics but also be good partners on development.

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Noting that the two countries have supported each other and carried out sincere cooperation during their respective development, Xi stressed that China will never forget its old friends.

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“My visit is aimed at consolidating the China-Zimbabwe traditional friendship, deepening practical cooperation and lifting bilateral relations to a higher level, so as to bring more benefits to our two peoples,” said the Chinese president.
Reaffirming Beijing’s commitment to the principles of sincerity, real results, affinity and good faith as well as a right balance between upholding principles and pursuing shared benefits in its Africa policy, Xi said China will continue its joint efforts with Zimbabwe to turn the two countries into good partners, good friends and good brothers that treat each other as equals, support each other and pursue win-win cooperation and common development.

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China will, as always, support Zimbabwe in safeguarding its interests in sovereignty, security and development, and playing a bigger role in international and regional affairs, he added.
The Chinese president suggested that the two sides maintain high-level contact, strengthen inter-party, parliamentary and sub-national exchanges, and promote their cooperation in various fields in an all-round way.
China stands ready to shift bilateral economic and trade cooperation towards manufacturing, investment and management and encourages more Chinese enterprises to invest in Zimbabwe, he added.

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   The two countries, he said, should prioritize cooperation in building modern agricultural and mining industrial chains and manufacturing hubs, constructing and managing power, communication and transportation infrastructure, and innovating upon financing channels. 

They also need to boost people-to-people exchanges in such areas as education, culture, health, tourism, youth and media, so as to gain more public support for the China-Zimbabwe friendship, Xi added.
He also reiterated Beijing’s readiness to strengthen coordination and collaboration with Harare on the 2030 Agenda for Sustainable Development and other major issues as well as in international institutions, so as to safeguard the legitimate rights of developing countries and advance the democratization of international relations.

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As regards the broader China-Africa ties, Xi said China is willing to join hands with African countries to support each other and advance together along the path of development.

Noting that he and African leaders will gather in Johannesburg for a summit of the Forum on China-Africa Cooperation (FOCAC), Xi said he looks forward to working with African friends to strategize the development of China-African ties, open up new prospects for China-Africa friendship and cooperation, and set a new milestone in the history of China-Africa interaction.
Mugabe, for his part, extended a warm welcome to the Chinese president, and expressed deep appreciation for China’s sincerity in dealing with Zimbabwe and other African countries as well as profound gratitude for China’s long-running valuable support for his country in various fields.
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Calling China an “all-weather” friend of Zimbabwe, Mugabe said his country hopes to learn from China’s experience in socioeconomic development, receive more assistance from China and expand bilateral cooperation in such fields as agriculture, industry and infrastructure.
After their talks, the two presidents witnessed the signing of a bilateral economic and technological cooperation agreement and a series of other deals covering such fields as infrastructure construction, production capacity, investment and financing, as well as wild life protection.
Xi flew to Harare from Paris, where he delivered a speech at the opening ceremony of a highly anticipated UN climate change conference. His ongoing three-nation trip will also take him to South Africa for a state visit and the Johannesburg summit of FOCAC.  Enditem

Photo/Xinhua. Text Xinhua

China, Thailand ink intergovernmental document on railway project

BANGKOK, Dec. 3 (Greenpost) — China and Thailand signed an intergovernmental framework document on railway cooperation here on Thursday, which serves as an important basis for future efforts to push forward the railway project.

The foundational document for the bilateral cooperation in constructing an 867-kilometer medium-speed railway line in Thailand was signed by Thai Transport Minister Arkhom Termpittayapaisith and deputy head of China’s National Development and Reform Commission Wang Xiaotao.
The signing ceremony was held at the ninth meeting of the Joint Committee on Railway Cooperation between the Thailand and China.
According to the document, the railway project, a dual-track line which uses 1.435-meter standard gauge with trains operating at top speeds of 160-180 kph, will be implemented in the form of EPC (engineering, procurement, construction), according to Chinese negotiators.
A joint venture will be set up in charge of part of the investment and railway operation, the statement said, adding the Chinese side will support Thailand in terms of technology licensing and transfer, human resources training, and financing.
A foundation stone laying ceremony for the railway project will be held later this month. Both sides are striving to speed up the process so that construction could start in May next year.
The railway project will significantly enhance connectivity between Thailand and China and boost economic growth in Thailand, especially in its northeastern part, according to the statement.
As an important part of the trans-Asian railway network, the project will potentially reinforce Thailand’s position as a transport hub in the region and inject vitality into the economic development in the southwestern part of China.
In addition to the railway document, a contract was signed by the China National Cereals, Oils and Foodstuffs Corporation and the Foreign Trade Department of the Commerce Ministry of Thailand, under which the Chinese enterprise will purchase 1 million tons of newly-harvested rice from Thailand.
China’s Sinochem and the Rubber Authority of Thailand also inked a purchase agreement, under which Thailand will sell 200,000 tons of natural rubber to the Chinese company.
The purchases will help propel the growth of the two countries’ economic and trade ties while further promoting Thailand’s rubber products in China and other major markets, the statement said.  Enditem

Source Xinhua

China to continue to push forward financial reforms after RMB’s SDR inclusion: senior official

WASHINGTON, Dec. 1 (Greenpost) — China will continue to push forward financial reforms after the International Monetary Fund (IMF) decided to include the Chinese currency, the RMB or Chinese yuan, into its Special Drawing Rights (SDR) basket of currencies, a senior Chinese official said here Tuesday.

The IMF executive board on Monday approved the inclusion of the RMB into its SDR basket as a fifth currency, along with the U.S. dollar, the euro, the Japanese yen and the British pound, marking a milestone in the RMB’s global march.
“(The) Chinese yuan joining the SDR does not mean (the) end of reform of the financial sector in China,” Chinese Vice Finance Minister Zhu Guangyao said at the Washington-D.C.-based Peterson Institute for International Economics (PIIE).
“(Chinese) President Xi (Jinping) said to the whole nation (that) reform is an ongoing process … We must continue reforms,” Zhu said after delivering a speech on China’s 13th Five-Year Plan, the country’s development blueprint for the next five years (2016-2020).
Zhu said it is in China’s interest to continue pushing forward reforms and the government has been following the financial reform agenda laid out at the Third Plenary Session of the 18th Communist Party of China Central Committee in late 2013. “That’s our guidance. We follow that exactly.”
Zhu said the IMF board’s decision to include the RMB in its SDR basket of currencies really reflects “global consensus” on the RMB’s eligibility of joining the currency basket, and it will make the SDR “more representative and attractive,” benefiting both China and the world.
Nicholas Lardy, a senior fellow at the PIIE and a leading expert on China’s economy, also described the decision as “a win-win for the global economy,” dismissing the speculative view of competition between the RMB and the U.S. dollar.
Lardy said the RMB-denominated assets now account for roughly 1 percent of global reserves held by central banks and the transition to more holdings of RMB-denominated assets will be very gradual.
“It should not be thought of in competitive terms, you know, the Chinese are gaining their share at the expense of the U.S., I think that’s a misreading,” he said.
PIIE President Adam Posen echoed Lardy’s view, saying that “there have been long periods in modern economic history when you have more than one so-called reserve currency.”
“Having a more balanced basket, not just in the SDR but in world portfolios” will help reduce the burden of global imbalances, he said. “I think that’s something the U.S. and China both want.”
Zhu also said the 13th Five-Year Plan is very important for China to complete the building of a moderately prosperous society and overcome the so-called “middle income trap,” as the country is making efforts to restructure the economy and shift to an innovation-driven mode.
He said that the average annual growth rate must be at least 6.5 percent during the next five years for China to double the 2010 GDP and the per capita income of both urban and rural residents by 2020.
Zhu said the main purpose of his trip to Washington this week was to discuss the agenda of the 2016 Group of Twenty (G20) summit with U.S. officials as China formally took over the presidency of the G20 on Tuesday.
Chinese President Xi Jinping and his U.S. counterpart, Barack Obama, gave instructions to working teams of both sides to strengthen coordination in the G20 during their bilateral meeting in Paris one day ago, he said, noting that the two countries displayed “really good policy coordination” in the past ten G20 summits.  Enditem

Source Xinhua

China to increase investment in Africa

BEIJING, Nov. 26 (Greenpost) — China will increase investment in Africa and buy more non-resources products from the continent, an official said on Thursday.

“China will export advanced industrial production capacity to African countries,” Vice Commerce Minister Qian Keming told a news briefing.

He said China will diversify imports from the continent and buy more products in addition to primary commodities, particularly natural resources, which account for the bulk of China-Africa trade.

He said China has deliberated for a year on the “package of cooperation proposals”, which will be announced at the Johannesburg meeting of the Forum on China-Africa Cooperation next month.

The package is based around China “helping African countries upgrade industrial structure, safeguard food security and build infrastructure,” according to the vice minister.

“To that end, China will give African countries more low-interest loans and set up funds to finance the cooperation,” said Qian. Enditem

Source Xinhua, editor Xuefei Chen Axelsson