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BEIJING, March 18 (Xinhua) -- U.S. Ambassador to China Jon Huntsman Thursday said the U.S.- China relationship is mature and stable enough to weather differences between the two countries.Huntsman made the remarks in his speech, "2010: The Year of Decision," at the prestigious Tsinghua University in Beijing.The ambassador thought 2010 would be "the most important year in the history of the Sino-U.S. relations," as the two sides had to take action and make real progress on pressing global challenges like economic recovery and climate change.The China-U.S relationship had a good start after President Obama took office last year.However, U.S arms sales to Taiwan and U.S leaders' meetings with the ** Lama posed problems."I've seen enough ups and downs to know that the recent turbulence we've experienced is part of a natural cycle. Our relationship is mature and stable enough to weather our differences," said Huntsman in his half-hour speech.Huntsman said he was confident the two countries would work through their differences through dialogue, and they would be able to get on with the global challenges."Together we can lay the foundation for another 30 years of economic growth and stability in our countries, and in the world," he said."I am convinced that blue skies are already on the horizon," he said.He expected the bilateral relationship would regain the "high cruising altitude" of last year by the opening of the Shanghai World Expo in May.He was also confident the two sides would make real progress on the global challenges when they met for the second round of the U.S.-China Strategic and Economic Dialogue (SED) and when Chinese President Hu Jintao visited the United States this year.

SHANGHAI, March 23 (Xinhua) -- There has been no timetable for the construction of a maglev line project between Hangzhou and Shanghai, a spokesman of the Shanghai municipal government said Monday.The project is still undergoing feasibility studies, the official said when responding to media reports last week which said the construction is expected to start this year.The proposal of the ultra-high-speed maglev line, with an estimated cost of 22 billion yuan (3.22 billion U.S. dollars), was approved by the National Development and Reform Commission in 2006.When completed, the line is expected to cut the travel time between Shanghai and Hangzhou, capital of the neighboring Zhejiang Province, to half an hour from the current 2.5 hours.

BEIJING, Feb. 21 (Xinhua) -- The Chinese government's insight and the adjustment of the economic pattern were the two major factors helping China ride out the global economic downturn, scholars said here Sunday.Zhuang Fuling, professor of Renmin University, said the Chinese government made a correct analysis of China's economic situation and took quick and resolute action.At the end of 2007, the central government called for vigilance against possible scenarios of various sorts. Moreover, in the Central Economic Work Conference held in December 2008, China drew up guidelines to cope with the global economic downturn through domestic consumption expansion, development pattern transformation, key sectors reforms, and continued effort to open up and improve people's livelihood.Ye Duchu, professor of Party School of the Central Committee of the Communist Party of China (CPC), attributed the success to China's systemic advantages."We could employ the country's fullest strength to reduce or offset the negative implications of the crisis," Ye said.The National Bureau of Statistics revealed on Jan. 21 that China maintained a GDP growth rate of 8.7 percent in 2009 despite the global recession.The global financial crisis, by nature a challenge to China's development mode, prompted the country to quicken its drive to transform its economic pattern in a bid to realize sustainable development for the future, scholars say.Lu Zhongyuan, deputy director of Development Research Center under the State Council, said China should seize the opportunity to optimize the economic structure and promote the system and technological innovation.Jin Bei, president of Institute of Economy under Chinese Academy of Social Sciences, considered the crisis a good chance for competitive enterprises to carry out strategic adjustment.On Feb. 3, Chinese President Hu Jintao called for the whole nation's efforts to accelerate the adjustment of China's economic development pattern to promote sound and fast economic and social development.Wu Zongxin, counselor of Counselors' Office of the State Council, highlighted the building of the CPC in pulling through the global economic downturn."China's good performance during crisis is attributed to its staunch and capable leadership," said Wu.The Fourth Plenary Session of the 17th CPC Central Committee urged all Party members to be prepared for dangers in times of peace and push forward Party building work to ensure the Party's "backbone" position in people's minds when coping with various domestic and overseas challenges.Zhuang said the rapid and sustained economic growth called for strengthening and improving the Party building under the new circumstances.The cadres of the Party at county levels have been trained at the Party School of the CPC Central Committee since 2008 in a bid to better cope with the global financial crisis."This is an endeavor rarely seen in the world, thus guaranteeing China's effective response in fight against the crisis," said Ye.

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BEIJING, March 9 (Xinhua) -- Chinese President Hu Jintao Tuesday paid his final respects to renowned educator and social activist Sun Qimeng as his body was taken away to be cremated at the Babaoshan Revolutionary Cemetery in Beijing.Sun died in Beijing on March 2. He was 100. Chinese President Hu Jintao shakes hands with a relative of renowned Chinese educator and social activist Sun Qimeng at the Babaoshan Revolutionary Cemetery in Beijing, capital of China, March 9, 2010. Sun died in Beijing on March 2 and his body was cremated on Tuesday. Top legislator Wu bangguo, Premier Wen Jiabao and Sun's friends joined Hu in the farewell ceremony.Other senior leaders, including top political advisor Jia Qinglin, senior leader Li Changchun, vice president Xi Jinping, vice premier Li Keqiang, senior leader He Guoqiang, and senior leader Zhou Yongkang also expressed their condolences.Sun was vice-chairman of the Standing Committee of the seventh and eighth National People's Congresses and honorary chairman of the seventh and eighth China Democratic National Construction Association Central Committee.Sun graduated in 1929 from the Politics Department of Soochow University in Suzhou city, and joined the Communist Party of China in 1950.He has made outstanding contributions to vocational education in China as well as to the country's development of social democracy and the legal system, said an official statement.

BEIJING, Feb. 21 (Xinhua) -- The Chinese government's insight and the adjustment of the economic pattern were the two major factors helping China ride out the global economic downturn, scholars said here Sunday.Zhuang Fuling, professor of Renmin University, said the Chinese government made a correct analysis of China's economic situation and took quick and resolute action.At the end of 2007, the central government called for vigilance against possible scenarios of various sorts. Moreover, in the Central Economic Work Conference held in December 2008, China drew up guidelines to cope with the global economic downturn through domestic consumption expansion, development pattern transformation, key sectors reforms, and continued effort to open up and improve people's livelihood.Ye Duchu, professor of Party School of the Central Committee of the Communist Party of China (CPC), attributed the success to China's systemic advantages."We could employ the country's fullest strength to reduce or offset the negative implications of the crisis," Ye said.The National Bureau of Statistics revealed on Jan. 21 that China maintained a GDP growth rate of 8.7 percent in 2009 despite the global recession.The global financial crisis, by nature a challenge to China's development mode, prompted the country to quicken its drive to transform its economic pattern in a bid to realize sustainable development for the future, scholars say.Lu Zhongyuan, deputy director of Development Research Center under the State Council, said China should seize the opportunity to optimize the economic structure and promote the system and technological innovation.Jin Bei, president of Institute of Economy under Chinese Academy of Social Sciences, considered the crisis a good chance for competitive enterprises to carry out strategic adjustment.On Feb. 3, Chinese President Hu Jintao called for the whole nation's efforts to accelerate the adjustment of China's economic development pattern to promote sound and fast economic and social development.Wu Zongxin, counselor of Counselors' Office of the State Council, highlighted the building of the CPC in pulling through the global economic downturn."China's good performance during crisis is attributed to its staunch and capable leadership," said Wu.The Fourth Plenary Session of the 17th CPC Central Committee urged all Party members to be prepared for dangers in times of peace and push forward Party building work to ensure the Party's "backbone" position in people's minds when coping with various domestic and overseas challenges.Zhuang said the rapid and sustained economic growth called for strengthening and improving the Party building under the new circumstances.The cadres of the Party at county levels have been trained at the Party School of the CPC Central Committee since 2008 in a bid to better cope with the global financial crisis."This is an endeavor rarely seen in the world, thus guaranteeing China's effective response in fight against the crisis," said Ye.

BEIJING, March 8 (Xinhua) -- Chinese President Hu Jintao urged scientific development of the Binhai New Area, an economic powerhouse in north China, when joining a panel discussion with lawmakers from Tianjin Municipality.It is urgent to accelerate the transformation of the economic development pattern and promote growth led by innovation and driven by internal impetus, Hu told the deputies to the National People's Congress (NPC), China's supreme legislature.Lying between Beijing and the Bohai Gulf, the Binhai New Area, with a population of 1.4 million, is an economic engine that drives the development of the country's north. Chinese President Hu Jintao talks with deputies to the Third Session of the 11th National People's Congress (NPC) from Tianjin Municipality, in Beijing, capital of China, March 8, 2010.The new area should play a leading role in the country to implement the scientific outlook on development and focus on improving people's livelihood and solving problems that the public care the most, Hu said.The city should seek coordinated social and economic development, and continuously strengthen its capabilities in urban planning, construction and management to build Tianjin into an international and modern city where people enjoy living.Wu Bangguo, chairman of the Standing Committee of the NPC, joined a panel deliberation on the draft amendment to the Electoral Law with lawmakers from the southwestern Yunnan Province.He said the electoral system is an important basis of the people's congress system and an important content of the socialist path of political development with Chinese characteristics."We must bring into better play the advantages of the electoral system with Chinese characteristics," Wu told the deputies.While joining a panel deliberation with NPC deputies from the eastern Shandong Province, Premier Wen Jiabao called for balanced development between urban and rural areas.The province should make efforts to expand export of its farm produce and help manufacturing businesses go through difficult times and upgrade their production capability, Wen said.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), joined a panel discussion of political advisors from science and technology circles.Jia said science and technology workers should make efforts to advance innovation and contribute to the country's transformation of economic growth pattern.Speaking to NPC deputies from Fujian Province, Li Changchun, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, called for vigorous publicity efforts on the transformation of the economic development pattern.Vice Premier Li Keqiang told NPC deputies from Hainan Province to continue the efforts in developing the island into an international tourism destination.He said the province should develop tropical agriculture and marine economy, and strengthen energy conservation and environment protection.Zhou Yongkang, member of the Standing Committee of the Political Bureau of the CPC Central Committee, joined the deliberation of the government work report with deputies from the Xinjiang Uygur Autonomous Region.He said the region must "seize the historic opportunity, as the central authorities' conference on the work of Xinjiang approaches, ...to build a prosperous, harmonious and stable society in Xinjiang."The annual full sessions of the CPPCC National Committee and NPC opened in Beijing last Wednesday and Friday.

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SEOUL, Feb. 17 (Xinhua) -- South Korea plans to launch a joint research with China and Japan on the feasibility of a free trade agreement (FTA) among the three Northeast Asian countries, South Korea's foreign ministry said Wednesday.According to a report by the ministry, the country, which has been seeking an economic integration of the Northeast Asian region by creating favorable conditions for FTAs, will kick off a joint study with the countries, in which government officials, scholars and business representatives will participate.Along with the trilateral FTA, the country will also continue to push for settling separate bilateral trade agreements with China and Japan, the ministry said in the report.Currently, South Korea has free trade agreements with Chile, Singapore and the European Free Trade Association, as well as a similar pact with the Association of Southeast Asian Nations.Recently reaching a free trade deal with the European Union, the country also wrapped up its free trade talks with India, settling the so-called comprehensive economic partnership agreement (CEPA) in August.With respect to the free trade deal with the United States, signed in June 2007, both countries are waiting for legislative approval.South Korea is also seeking similar trade deals with Australia, Canada, and Mexico.

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 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.

URUMUQI, March 12 (Xinhua) -- A severe sandstorm hit Xinjiang's Hotan Prefecture in northwest China on Friday, reducing visibility to zero in some areas, local meteorological observatory said.The fierce sandstorm swept through the prefecture from west to east in the morning, said a spokesman with Hotan's meteorological observatory.The sandstorm, though reducing in severity, would continue to plague the area till March 16, leading to a temperature drop of 5 to 8 degrees Celsius, he added.The sandstorm had affected local traffic and agriculture, according to a statement from the Hotan government.