Chinese premier: World should have faith in China Roach: U.S. wrong to blame China for trade imbalance "The United States is making a mistake in holding China accountable for its large trade imbalance," said Stephen Roach, Chairman of Morgan Stanley (Asia), on the sideline of China Development Forum in Beijing.  >>> Protectionism not way out of economic crisis: Forum  BEIJING, March 24 (Xinhuanet) -- Economicsts attending the just concluded China Development Forum 2009 in Beijing agreed protectionism is not the way out of the current economic crisis while asking for a more active role of G20.  >>> Chinese VP Li Keqiang delivers speach at the summit Chinese Commerce Minister Chen Deming speaks at the forum  Du Pont Corporation chief  interviewed HSBC Chairman addresses opening ceremony  Fan Gang delivers speech at the opening session Nobel Prize winner Joseph Stiglitz addresses the summit Cohen Group President addresses the summit Participants address China Development Forum 2009 Forecast growth for Chinese economy still real achievement: Stiglitz Chinese officials brief on boosting domestic demand WB chief on economy ahead of G20 summit World Economic Forum ends in Davos U.S. wrong to blame China for trade imbalance: Roach   BEIJING, March 24 (Xinhuanet) -- "The United States is making a mistake in holding China accountable for its large trade imbalance," said Stephen Roach, Chairman of Morgan Stanley (Asia), on the sideline of China Development Forum in Beijing.   >>> Protectionism not way out of economic crisis: Forum     BEIJING, March 24 (Xinhuanet) -- Economicsts attending the just concluded ;China Development Forum 2009 in Beijing agreed protectionism is not the way out of the current economic crisis while asking for a more active role of G20.>>> China: Protectionism only makes world economy worse      BEIJING, March 24 (Xinhuanet) -- "Trade protectionism will only make the already ailing world economy even worse," said Chinese Commerce Minister Chen Deming at the just concluded China Development Forum in Beijing. >>> Chinese Vice Premier underscores growth target, int'l co-op   BEIJING, March 22 (Xinhua) -- Chinese Vice Premier Li Keqiang said here Sunday China is confident and capable of achieving its 2009 economic targets and will strengthen cooperation with the international community to fight the global financial crisis. >>>  Economists: China's fiscal response swift, forceful   BEIJING, March 23 (Xinhuanet) -- China's fiscal response has been swift and forceful in tackling the global financial crisis, said participants of the China Development Forum 2009 held here Sunday. >>> Official: China's 950 bln yuan fiscal deficit controllable   BEIJING, March 22 (Xinhua) -- China's 950 billion yuan (about 139 billion U.S. dollars) fiscal budget in the country's budget for 2009 is under control, Wang Jun, Vice Finance Minister said here on Sunday at the China Development Forum 2009.>>> China is doing well amid financial crisis: Cohen   BEIJING, March 22 (Xinhuanet) -- China will do well in fighting global financial crisis, former U.S. Defense Secretary and Chairman of Cohen Group William S. Cohen said.  >>> Official: China has conditions to achieve 8% growth target in 2009   BEIJING, March 22 (Xinhua) -- Conditions are favorable for China to achieve the 8 percent economic growth target it set this year, Zhang Yutai, president of the Development Research Center of the State Council said Sunday at the China Development Forum 2009.   >>> Commerce minister: Disapproval of Coca Cola-Huiyuan deal doesn't signal change in China's investment policy     BEIJING, March 22 (Xinhua) -- Commerce Minister Chen Deming said on Sunday that it would be wrong to assume China didn't welcome foreign investment based on the country's disapproval of Coca-Cola's proposal to acquire China Huiyuan Juice Group.>>> Official: China's 950 bln yuan fiscal deficit controllable   BEIJING, March 22 (Xinhua) -- China's 950 billion yuan (about 139 billion U.S. dollars) fiscal budget in the country's budget for 2009 is under control, Wang Jun, Vice Finance Minister said here on Sunday at the China Development Forum 2009.>>> Economist: China's economy has positive but limited effect on world economic development     BEIJING, March 21 (Xinhua) -- China's economic recovery has positive but limited effect on world economic development, economist Fan Gang said at the China Development Forum 2009.  >>> China Mobile seeks both overseas expansion and domestic rural growth     BEIJING, March 21 (Xinhua) -- China Mobile Communications Corporation (China Mobile) is seeking opportunities for overseas expansion, Wang Jianzhou, president of the country's largest mobile network operator, said Saturday attending the 10th China Development Forum.  >>> IMF Official: China's stimulus plan a great contribution to the world     BEIJING, March 21 (Xinhuanet) -- Against backdrop of world's financial crisis, China will play a vital role in world's economic recovery, said Murilo Portugal, Deputy Managing Director of the IMF on Saturday in Beijing.  >>> China Investment Corp. cautious about financial derivatives     BEIJING, March 21 (Xinhua) -- China Investment Corp. (CIC), the country's sovereign wealth fund, was taking a cautious stance toward investments and would not invest in financial derivatives that had no obvious relationship with the real economy, CIC chairman Lou Jiwei said here Saturday at the China Development Forum 2009.  >>> Experts: Economic recession not bottoming     BEIJING, March 19 (Xinhua) -- The world economic recession is not bottoming and the prospect of the world economy is not bright in the short term, said some experts on world economy who will be here for China Development Forum to be held next Monday. >>> Stephen Roach: World moving into second wave of financial crisis     HONG KONG, March 18 (Xinhua) -- The world is moving into the second wave of the financial crisis, which will be symbolized more by the deterioration in the global business cycle than the financial market itself, said Stephen Roach, chairman of the Hong Kong-based Morgan Stanley Asia.  >>>  Premier: Confidence still we need most to implement economic stimulus package      BEIJING, March 13 (Xinhua) -- Chinese Premier Wen Jiabao on Friday reiterated that confidence is still what China needs to carry out its all-around economic stimulus package, which has justbeen approved by the national legislature.  >>> Chinese Premier worries about safety of Chinese assets in U.S.     BEIJING, March 13 (Xinhua) -- Chinese Premier Wen Jiabao said here Friday he is "a little bit worried" about the safety of Chinese assents in the United States.  >>> :::::: China's society stable despite job losses: Premier :::::: Premier: G20 meeting should address woes of developing countries :::::: China's real economy major victim of financial crisis: chief planner :::::: China's monetary policy takes effect, further moderate adjustment possible :::::: China has multiple plans in case of worse financial crisis impact "Developing countries are the worst hit in the financial crisis, however, their difficulties tend to be easily neglected," -- Chinese Premier Wen Jiabao "We are fully confident that we will overcome difficulties and challenges, and we have the conditions and ability to do so,"  --  Chinese Premier Wen Jiabao "To deal with the worst economic crisis in decades, confidence is more important than gold or money itself. " -- Chinese Premier Wen Jiabao "After months of efforts, the Chinese people have begun to take heart.  I hope every Chinese person will warm up the economy with his or her warm heart." -- Chinese Premier Wen Jiabao Key figures of Premier Wen's government work report           ¡ñ  GDP to grow by 8 %                                             ¡ñ  CPI  to rise around 4%            ¡ñ  Fiscal deficit budget of 950 bln yuan                        ¡ñ  To allocate 42 bln yuan to offset unemployment           ¡ñ  Urban unemployment rate under 4.6%                      ¡ñ  Urban employment to increase by over 9 million           ¡ñ  43 bln yuan to build low-rent houses                         ¡ñ  120 bln yuan added to boost agriculture China's stimulus packages for 10 sectors China has unveiled stimulus packages for 10 industrial sectors:  auto, steel, shipbuilding, textile, machinery-manufacturing, electronics and information, light industry, petrochemistry, nonferrous metals and logistics. >>> China's 4 trillion yuan stimulus to boost economy, domestic demand BEIJING, Nov. 9 (Xinhua) -- China said on Sunday it will loosen credit conditions, cut taxes and embark on a massive infrastructure spending program in a wide-ranging effort to offset adverse global economic conditions by boosting domestic demand.  >>> China pledges more proactive employment policy, 42 bln-yuan support BEIJING, March 5 (Xinhua) -- China pledged Thursday it will implement an even more proactive employment policy this year and allocate 42 billion yuan to offset unemployment caused by the global financial crisis. >>> China stresses domestic demand in stimulating growth as crisis harms export BEIJING, March 5 (Xinhua) -- China would make boosting domestic demand a "long-term" strategy and take further measures to stimulate consumer spending, as the country seeks to lead its economy out of a slowdown that started with falling export.  >>> Premier Wen Jiabao meets press Officials brief on China's economy Officials brief on boosting domectic demand G20 promises more action to fix economy Obama signs sweeping economic stimulus bill into law EU leaders seeking solidarity to fight financial crisis :::::: Bernanke says recession could end in 2009 :::::: IMF: World economy faces deep recession :::::: Gov't report: Japan's economy "worsening rapidly" :::::: Russia proposes reform of int'l monetary, financial system ::::::  EU mulls further boost of fund to bail out Eastern members ::::::Backgrounder: A timeline of China's recent economic-stimulus measures ::::::A timeline of China's macro-economic policy shifts over 30 years :::::: Timeline of global financial crisis :::::: Backgrounder: Subprime mortgage crisis :::::: Chronology of financial crisis in EU :::::: OECD head: China's stimulus plan to contribute to world economy :::::: World media: two sessions deliver "China's confidence"    :::::: World media hail China's work to improve people's livelihood :::::: Japan's bailout package subtly different :::::: News Analysis: Russia struggles for self-redemption amid financial crisis :::::: IMF top official says world economy to shrink "below zero" this year Editor: Lu Hui