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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.

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BEIJING, March 1 (Xinhua) -- Chinese government has decided to offer emergency humanitarian aid of 1 millon U.S. dollars to Chile to help relief work in areas hit by Saturday's earthquake, Yao Jian, spokesman of the Ministry of Commerce said Monday.China was preparing for disaster relief work and would continue to provide humanitarian aid to Chile according to need, said Yao.A massive 8.8-magnitude quake rocked Chile early Saturday, leaving at least 708 people dead and hundreds missing.

Beijing, Feb. 8 -- China's banks will outpace their peers in India and Indonesia, the best performers in Asia's banking industry over the past decade, to deliver the highest returns over the next five to 10 years, analysis firm CLSA Ltd said.The top eight performers among Asian banks over the past decade were all from India, with gains of 400 percent to 3,000 percent, CLSA said in a research report released today.Indonesian banks ranked second over a three-to-five-year period, as no data was available for 10 years, the report said.Shenzhen Development Bank Co, China's first commercial bank to launch an IPO and get listed on Shenzhen Stock Exchange (in 1987), is expected to show a more than eight-fold increase in net profit for 2009, boosted by lower provisions for bad loans and higher net interest and fee income, the Wall Street Journal saidThe two countries recorded the highest credit growth, as India's loans increased 622 percent over the past 10 years, followed by 508 percent growth in Indonesia, Daniel Tabbush and Suangsuda Sinsadok, analysts at CLSA, said in the report.That shows "positive" implications for China's banks given the nation's 326 percent increase in loan growth over that period, they wrote in their analysis."Where China stock price data is only recent, we can at least assume that the fact that those banks are returning the third-highest loan growth over the past five and 10 years can in fact mean strong total returns over the long term," the analysts wrote.China's loan growth of 79 percent was the highest over the past three years, according to the report by CLSA, which is "overweight" on the nation's bank stocks as well as those in India and Indonesia.

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SHANGHAI, Feb. 1 (Xinhua) -- Top Chinese legislator Wu Bangguo has urged Shanghai to take the opportunity of hosting the World Expo to pioneer the country's transformation of economic development mode. Wu, chairman of the Standing Committee of the National People's Congress, China's top legislature, made the remarks during his visit to the country's economic and financial hub from Jan. 28 to Feb. 1.  Wu Bangguo (C), chairman of the Standing Committee of China's National People's Congress (NPC) visits the 2010 World Expo site in Shanghai, east China, Jan. 29, 2010. Wu visited Shanghai from Jan. 28 to Feb. 1.Accompanied by Yu Zhengsheng, secretary of the Shanghai Municipal Committee of the Communist Party of China, Wu visited the Expo Site as well as some high and new tech enterprises in the city.Shanghai must spare no effort in hosting the Expo and seize the opportunity to promote economic restructuring and industrial structural upgrading, to boost the development of modern service industry, and to speed up fostering emerging strategic industries, Wu said."Wu must make technological breakthroughs, speed up industrialization process, and develop emerging industries such as smart grid, low-carbon technology and biomedicine, so as to make sure the country can have the initiative in the new round of international economic competition," Wu said.The 2010 World Expo was scheduled to be held from May 1 to Oct. 31 in Shanghai, expected to attract a record total of 70 million visitors from home and abroad.

BEIJING, March 11 (Xinhua) -- The producer price index (PPI), a major measure of inflation at the wholesale level, rose 5.4 percent in February from a year earlier, the National Bureau of Statistics (NBS) announced Thursday.It quickened from 4.3 percent in January this year, and 1.7 percent in December 2009, when the figure posted the first monthly rise since December 2008.

BEIJING, March 3 (Xinhua) -- Lawmakers from ethnic minorities in northwestern China's Qinghai Province on Wednesday urged for more favorable policies for the minority groups with small population, or the groups each with a population of less than 100,000."I hope the country will provide more support for industries with ethnic features in the the formulation of the 12th Five-Year Plan (2011-2015)," said Han Yongdong, who is also head of Qinghai's Xunhua Salar Autonomous County government."We also need more support for education and employment. Those policies would help the small ethnic groups cultivate an independent 'blood-making' capability to sustain their own development," said Han from Salar, one of China's 22 ethnic groups with small population.Compared with the country's booming coastal regions, regions where ethnic groups with small population live, mostly in central and western inland regions, remain relatively backward.To accelerate the development of the regions where ethnic groups with small population live, China's State Council passed in 2005 a guideline, promising to build roads, schools and basic medical institutions, and provide them with access to electricity, TV and phone service, and drinking water, in addition to sufficient farms and pastures to live on.According to statistics from the State Ethnic Affairs Commission, China had invested more than 2.5 billion yuan (about 368 million U.S. dollars) in 8,065 projects aimed to support small ethnic groups between 2005 and November 2009.But for Qiao Zhengxiao, another deputy to the NPC and Party chief of the Qinghai University, the aid to ethnic minority groups was still not enough."The central government mainly focused on Tibet and other regions of ethnic groups with relatively larger population last year and this year," said Qiao, from the Tu ethnic group."I hope the government will attach more importance to ethnic groups with smaller population in the future," he said.He suggested ethnic minority groups each with population less than 300,000 be covered by the favorable polices passed in 2005.Meanwhile, Han Yongdong also suggested that museums and research projects should be set up to protect the small ethnic groups' culture."My own kid cannot speak the Salar language. It would be too late if we don't start soon," he said.

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MOSCOW, March 24 (Xinhua) -- The Chinese government will firmly adhere to the policy of developing a strategic partnership of cooperation with Russia, said visiting Chinese Vice President Xi Jinping here on Wednesday.Meeting with Russian President Dmitry Medvedev on Wednesday, Xi said China is ready to continuously enhance mutual political trust and advance pragmatic cooperation with Russia, safeguard the collective interest of both countries, and help promote world peace and stability.Last year witnessed the celebration of the 60th anniversary of diplomatic ties between China and Russia, as well as the hosting of the "Year of Russian language" in China, which brought about new breakthroughs in the Sino-Russian strategic partnership of cooperation, Xi noted. Visiting Chinese Vice President Xi Jinping (R) shakes hands with Russian President Dmitry Medvedev during their meeting in Moscow, Russia, March 24, 2010Despite some impact on bilateral trade by the global economic crisis, the quality of bilateral economic cooperation has improved, with trade structure optimized and significant progress achieved in energy sector cooperation, he added."The close interaction and coordination in international and regional affairs between the two countries, the proper handling of common challenges in the complex international situation, and the efficient collaboration on major global and regional issues have safeguarded our collective interest and played an important role in promoting world peace and development," said Xi.After 60 years of development, the relationship between China and Russia now stands at a new historical starting point, said the Chinese leader.This year the two countries will have frequent high-level exchanges, with their leaders holding a series of bilateral and multilateral talks on several important occasions, he said.He expressed belief that such frequent interactions will definitely help further enhance mutual political trust and consolidate the strategic partnership of cooperation.Medvedev, for his part, thanked his Chinese counterpart Hu Jintao for inviting some 1,000 Russian youngsters to Chinese summer camps this year.Russia was satisfied with the current development of the Russia- China strategic partnership of cooperation, said Medvedev, who also spoke highly of Xi's visit to the frontier regions of Russia and presence at the opening ceremony of the "Year of Chinese Language" in Russia.Xi's visit has demonstrated China's political will to strengthen regional cooperation and cultural exchange with Russia, and will sure help promote the development of bilateral relations, said the Russian leader.Russia hopes to expand cooperation with China under new circumstances, and the two countries should enhance coordination in global and regional affairs, jointly promoting diplomatic solutions to hotspot issues, said Medvedev.Xi, who arrived in Belarus later on Wednesday, is on a 12-day, four-nation tour that will also take him to Finland and Sweden.

PORT-AU-PRINCE, Jan. 14 (Xinhua) -- A wood board improvised as a table with all medicine on it -- this is a "mobile hospital" the Chinese rescue team was able to set up to treat those injured in Haiti's capital city Port-au-Prince after the 7.0-magnitude earthquake hit the impoverished Caribbean country on Tuesday.     A large number of injured Haitians have stood in line waiting to be treated by the Chinese doctors on the plaza in front of the quake-affected Prime Minister's Office building. Members of a Chinese emergency rescue team inspect the collapsed building of the headquarters of the UN Stabilization Mission in Port-au-Prince, Haiti, Jan. 14, 2010. The Chinese emergency rescue team arrived in Haiti's capital Port-au-Prince early Thursday local time, to help the rescue operation after an earthquake in which up to 100,000 people are feared dead and eight Chinese are still missing. Five patients at a time were carried to the humble "mobile hospital" by volunteers. Most of them suffered physical traumas and the long-time exposed wounds were infected in many of the cases, Hou Shike, chief doctor of the rescue team told Xinhua on Thursday.     The Chinese doctors expressed their sorrow for the lack of medication supplies in Haiti, a country believed to be the poorest of the western hemisphere.     "Doctors and medicine are of great need here," Hou said in a painful tone. With each "Merci (Thank you)" from a cured patient, the medicine that the rescuer brought from China becomes less.     "Now we see the patients are still able to move. But when the infection gets worse, the consequences will be critical," Hou said, apparently worried.     "I hope there are more rescue teams joining us," he said.     China's rescue team arrived in Port-au-Prince on early Thursday morning, with 50 members of the International Rescue Team of China, three rescuer dogs and more than 20 tons of equipment and humanitarian aid.     The Chinese government officials from the Foreign Ministry and Public Security Ministry and media also arrived on a chartered plane. Members of a Chinese emergency rescue team inspect the collapsed building of the headquarters of the UN Stabilization Mission in Port-au-Prince, Haiti, Jan. 14, 2010. The Chinese emergency rescue team arrived in Haiti's capital Port-au-Prince early Thursday local time, to help the rescue operation after an earthquake in which up to 100,000 people are feared dead and eight Chinese are still missing. An earthquake of 7.0 magnitude struck Haiti on Tuesday, destroying buildings and basic infrastructures, leaving thousands of people dead and millions affected, including the United Nations' Stabilization Mission in Haiti (MINUSTAH).     It was announced Thursday that a total of four police, 19 soldiers and 13 civilian staff members with the UN mission have died and hundreds of UN personnel unaccounted for.     According to United Nations' statistics, 70 percent of Haiti's population lives in poverty and half of its 8.5 million people are unemployed. The Food and Agriculture Organization has designated Haiti as one of the world's most economically vulnerable countries.

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SHANGHAI, Jan. 17 (Xinhua) -- China's economic hub Shanghai in December posted the first year-on-year growth in both imports and exports in 14 months, indicating further recovery from the economic downturn, local customs said Sunday.     Last month, Shanghai's foreign trade stood at 30.7 billion U.S. dollars, a growth of 35.3 percent over the same month of 2008. This was the second year-on-year growth of foreign trade in two consecutive months in the city, the sources said.     Exports in particular, which stood at 15.21 billion U.S. dollars, reported the first year-on-year growth of 23.5 percent since November 2008, while imports surged 49.5 percent, up from the 26.7 percent growth rate in the previous month.     Last month saw the city's trade with the European Union, the United States and Japan up 15.4 percent, 36.8 percent and 19.8 percent, respectively.     However, Shanghai's foreign trade in total last year went down 13.8 percent from 2008 to 277.73 billion U.S. dollars due to the economic crisis effect. The total included 141.91 billion dollars in exports, down 16.2 percent, and 135.82 billion dollars in imports, down 11.1 percent.

BEIJING, Feb. 10 (Xinhua) -- Chinese President Hu Jintao on Wednesday urged the role of non-communist parties and personages in helping achieve the national goal for social and economic development in the new year."We must rely on all Chinese people, including various democratic parties, societies, ethnic groups and people from all walks of life and in different stratums to achieve this year's goal for economic and social development," said Hu at a symposium here Wednesday to mark the Spring Festival, or Chinese Lunar New Year, which falls on Feb. 14 this year.At the event, Hu extended New Year's greetings and best wishes to all people from the non-communists parties and the All-China Federation of Industry and Commerce and those without party affiliations.Chinese President Hu Jintao (3rd R), who is also General Secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission (CMC), speaks during a meeting with representatives of non-communist parties ahead of the Spring Festival in Beijing, capital of China, Feb. 10, 2010Hu expressed appreciation for their hard work last year as they offered valuable suggestions for coping with the financial crisis and maintaining stable and relatively fast economic growth, urging them to continue giving such suggestions.Non-communist parties' leaders at the gathering gave opinions on various issues including the transformation of the economic growth mode, expansion of private investment, development of ethnic regions, compulsory education in rural areas and economic and cultural exchanges between the mainland and Taiwan, among others.The meeting was chaired by Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference.

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