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China
approves FTA with Pakistan
From Javed Akhtar (APP)
BEIJING—Chinese government has approved all necessary arrangements to
honor its free trade commitments with Pakistan, offering special
preferential tariff rates from next month, said Finance Minister Jin
Renqing.
In a statement, Jin hoped that the free trade arrangements will boost
their bilateral trade. “We are moving towards free trade arrangements in
all areas of common interest, under the Early Harvest programme (EHP),
finalized by the two countries here last week”.
According to the EHP agreement, some 486 categories of Chinese goods
exported to Pakistan will enjoy the zero-tariff treatment, mainly
vegetables, fruit, stone materials, textile machinery and organic
chemical products.
Meanwhile, China will give zero-tariff treatment to 769 categories of
goods imported from Pakistan, mainly vegetables, fruit, stone materials,
cotton fabrics and man-made fabrics.
For those products with lower tariffs, China will cut its tariffs by 27
per cent on 1,671 kinds of products from Pakistan, and Pakistan will cut
tariffs by an average range of 22 per cent on 575 kinds of products from
China.
A senior official of the Chinese Commerce Ministry said the EHP is a
significant step towards the free trade agreement (FTA), to be finalized
by the end of next year. It will help address the imbalanced trade
between them, in which China has a big surplus, he said in an interview
with APP.
The bilateral trade between the two countries has been expanding quickly
this year. In the first 10 months, the total exports and imports reached
US$3.4 billion, soaring 44 per cent year-on-year. But the trade is
severely imbalanced, and, for example, China had a trade surplus of
US$1.9 billion last year compared to a total trade volume of US$3.1
billion.
Bo Xilai, the Minister of Commerce, said China has noted the situation
and he believed the FTA, which have many contents in favour of Pakistan,
will help to ease the problem.
“And we also encourage Pakistani companies to engage in more market
promotion in China, and the Chinese Government will give as much support
as possible,” Bo said at a news conference.
China hospital fire leaves 39 dead
Bureau Report
BEIJING—Patients leapt from the windows of a burning four-story hospital
to escape a blaze that killed at least 39 people in China’s northeast,
the government said Friday.
Thousands of local residents watched helplessly as patients jumped from
windows on the third and fourth floors in subfreezing weather after
rescuers failed to reach them, the official Xinhua News Agency said. A
hospital official said that a father caught his 15-day-old child after a
nurse threw the baby from a window.
Witnesses said firefighters struggled for five hours to put out the
blaze that broke out Thursday at the City Central Hospital, the largest
hospital in Liaoyuan, 600 kilometers (400 miles) northeast of Beijing in
Jilin province.
Investigators believe the fire started in a power distribution room,
Xinhua said.
The remains of 24 people were found at the scene and 15 others died
after being transferred to other hospitals, Xinhua said.
Rescuers on Friday were still searching for other victims, it said.
Overnight temperatures in the city were reported as low as -17 degrees
centigrade (1 degree Fahrenheit).
A woman who answered the telephone at the maternity ward of the Liaoyuan
Women’s and Children’s Hospital said a newborn baby boy was thrown from
the window of the City Central Hospital by a nurse and was caught by his
father, Wang Xuzhi.
The boy, who has not yet been named, was not hurt but was under
observation at the Women’s and Children’s Hospital, said the woman, who
declined to give her name. She did not say which floor he was thrown
from. It was not immediately known if the boy’s mother or the nurse who
saved him survived.
Some 183 patients, 20 of them in critical condition, were moved to seven
other hospitals in Liaoyuan, Xinhua said. It wasn’t clear whether the
patients were in critical condition before the incident or were injured
by the fire or attempts to escape.
Ten hospital staff were among the injured, Xinhua said.
Xinhua quoted 43-year-old patient Wang Mingwen as saying that he saved
himself and his wife by tying a quilt to a heating pipe and throwing the
other end out the window to climb down from the third floor.
However, his wife Ni Shuping lost her grip and fell from the second
floor, seriously injuring herself, Wang said.
Some 100 people jumped or climbed down knotted bed sheets to escape the
flames, the Huaxi Metropolitan News, a newspaper in the southwestern
province of Sichuan, said on its Web site.
Another patient, Chen Zhifu, who was hospitalized for an eye injury,
broke both legs jumping from the third floor, Huaxi said.
“I was really desperate. I couldn’t open my eyes. I couldn’t breathe. I
had to jump or I would have burned to death,” Chen was quoted as saying.
State television showed about a dozen fire trucks and ambulances in
front of the hospital as the last of the fire was extinguished Thursday
night. Water used to put out the flames had turned into icy patches on
the concrete.
Also Thursday, China’s Ministry of Public Security reported that China
suffered more than 2,000 deaths in more than 222,000 accidental fires
from January to November, Xinhua said.
In recent weeks, China has experienced a number of high-profile
accidents, including a series of coal mining disasters that claimed
several hundred lives and a major chemical spill that poisoned a river
and shut down water supplies to the northern city of Harbin.
China positive on trade
facilitation negotiations
From Max Lee
The Daily Mail’s Special Correspondent in Beijing
BEIJING—Recognized as the most effective approach to the global trade
growth, trade facilitation, once again, becomes the focus of the ongoing
Sixth WTO Ministerial Conference.
All delegates of the WTO members have shown their concerns over this
issue, to different extents, in their plenary meeting speeches and
bilateral or multilateral consultations on Friday.
Since the WTO General Council passed the July framework agreement in
2004, which initiated trade facilitation negotiations, the 150-member
organization has held twelve meetings on this issue.
The negotiation report on trade facilitation at the Hong Kong meeting is
the only one submitted in the name of almost all the negotiators,
whereas reports on other issues are only submitted in the name of the
facilitators due to great divergencies, said Yin Liqun, director of the
China General Administration of Customs’s WTO affairs office.
“This demonstrates that the importance of this issue is widely
recognized by the members”.
In the Hong Kong Conference, China’s proposals on this issue, including
intensifying the transparency of customs and simplifying clearance
procedures, win wide acclaim from the delegates, Yin said.
As the world’s third largest trade nation, China’s attitude toward trade
facilitation is quite positive, the official said, not only because it
enables more domestic companies to step into the world market, but also
complies with China’s effort to improve customs efficiency and
infrastructure.
As a matter of fact, China has already exhibited sincerity in boosting
trade facilitation, and its customs have tried their best to provide
round-the-clock services.
Currently, most customs have set up task forces to deal with some
emergencies and give counseling when necessary.
Meanwhile, China is in full swing computerizing its ports. As of
December, more than 200,000 enterprises have been linked with the port
network, a sign that an early uniform information platform has been
established to cover different sectors and places.
Yin said China will continue simplifying the customs procedures while
enhancing its transparency in the future.
In the long run, trade facilitation will be undoubtedly embraced by all
the developing and least developed countries because it helps expand the
scale of foreign trade, said Gong Baihua, director of the Shanghai WTO
Affairs Consultation Center’s information division.
However, the developing members will shoulder great pressures and
challenges in the process because trade facilitation needs a remarkable
amount of funds and great technological supports, Gong said.
The expert held that the goals of the negotiation concerning trade
facilitation should be set by fully considering the economic development
situation of these countries.
India, China to
speed up border dispute talks
KUALA LUMPUR—India and China
have agreed to speed up the process of resolving their long-standing
border dispute, a report quoted Prime Minister Manmohan Singh as saying.
“I had very good discussions with Chinese Premier Wen Jiabao,” Singh
told reporters travelling with him from an East Asia summit in the
Malayasian capital Kuala Lumpur.
“We feel the negotiations should be expedited... We are dealing with
difficult issues. Without setting any deadline, I do think it is
possible to move forward at a faster pace...” he said according to the
Hindu newspaper on Thursday.
In another development, Chinese Foreign Ministry spokesman Qin Gang told
a regular news conference in Beijing that the two countries will hold
friendly discussions to find an appropriate solution to the border
issue.
China and India account for more than 1/3 of the world’s total
population, Qin pointed out, saying that Sino-Indian friendship not only
conforms to the interests of the two neighbours, but also benefits the
peace and stability of Asia and the world.
Singh, who met Wen during his four day stay in Kuala Lumpur, described
it as his “most important meeting”.
Giant neighbours India and China fought a brief, bitter border war in
1962.
A formal ceasefire line has yet to be established since the war but the
unsettled border has remained largely peaceful following agreements
signed in 1993 and 1996.
India says China occupies 38,000 square kilometres (14,670 square miles)
of Indian territory in Kashmir while Beijing claims that the
90,000-square-kilometre Indian state of Arunachal Pradesh belongs to
China.
Ties have been warming in recent years with an exchange of high-level
visits and joint military exercises. Trade reached 13.6 billion dollars
in 2004 and is targeted to hit 30 billion dollars by 2010.
Work is under way to reopen a section of the traditional Silk Road next
month at Nathu La pass on the border between India’s Sikkim and China’s
Tibet. It would be the first direct trade link since the 1962 border
conflict.
In April, both sides signed an agreement aimed at helping special
representatives — named by India and China in 2003 — to negotiate
territorial claims as experts delineated the boundary on a map and on
the ground. The special envoys — India’s National Security Advisor M.K.
Narayanan and China’s Vice Foreign Minister Dai Bingguo — held talks in
Beijing in September but without any apparent progress on the dispute.
Singh said another round of talks is scheduled to take place in New
Delhi next month.
“Another meeting is planned in January. Both of us (Wen and Singh)
agreed that these... negotiations should be expedited and both of us
expressed our commitment to find a mutually satisfactory solution to the
border issue,” he said.
(The Daily Mail-China Daily news exchange item)
Work at indigenous
Chinese N-plant begins
Bureau Report
BEIJING—China today began the construction of country’s first
indigenously-built 1000 MW nuclear power plant in Shenzhen, a booming
hi-tech city in south China’s Guangdong Province. Ling’ao II, one of the
key projects included into China’s 10th five-year plan period
(2001-2005), will have two generating units, each with an installed
capacity of 1000 megawatts. The first unit is scheduled to start
operation in December 2010 and the second in August 2011, China
Guangdong Nuclear Power Holding Co Ltd (CGNPC) sources said. On
completion, the two generating units will generate a total of 150
billion kilowatt hours of electricity each year. Ling’ao II is based on
pressurised water reactor technology with improvement from Chinese
scientists. CGNPC spent over 20 years to develop the technology imported
from France. It is the third commercial nuke power plant in Guangdong,
where the country’s first nuke power plant, Daya Bay nuclear power
plant, began construction in 1991. The new plant will be adjacent to the
site of Daya Bay nuclear power plant. Ling’ao I project began commercial
operation in 2003, with two 990 MW generating units. Guangdong is also
expediting preparation for construction of another nuke power plant in
Yangjiang, a coastal city. Construction of the nuclear reactor of that
plant will officially begin by the end of 2006, Xinhua news agency
reported.
Pak delegation to visit China to explore
rice export
BEIJING—A 14-member delegation of Pakistani traders arrived here Friday
on a weeklong visit to explore local market for export of rice.
The visit was arranged by the Export Promotion Bureau in collaboration
with the Pakistan Embassy. It aimed at finding potential buyers for
Pakistani rice.
“We will try to compete with rice exporters from other countries by
presenting better quality long-grain rice on relatively less price”,
said a member of the delegation while talking to APP.
The delegation is scheduled to visit Chinese major cities Shanghai,
Guangzhou and Shenzen. China is the world’s biggest rice consumer and it
is likely to import 5.32 million tons of rice next year. It includes
2.66 million tons long grain rice.
Pakistan’s rice growers and exporters have a bright prospect to get a
reasonable profit, since tariff on the agriculture products will come to
zero from January, 1, 2006 under the Early Harvest Programme, recently
signed by the two countries.
According to Commercial Counsellor Shahid Mahmood, the marketing scope
of Pakistan rice in the local market this time could be around 40 to 50
million tons and it could be further increased with concerted efforts by
the Pakistani exporters.—APP
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