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China needs to make overall arrangements from the top level to promote economic reforms to cross the "deep water", said Li Yining.
Guangyuan in Sichuan province is committed to building itself into a regional transport hub linking Sichuan and Northwest China by 2014.
China should learn from the successful experience of the US Chamber of Commerce and set up a special organization to promote overseas investment.
Japan announced on Tuesday that it has won Chinese authorities' approval to buy 65 billion yuan ($10.3 billion) in Chinese government bonds.
Sections of a high-speed railway set to open in May have suffered subsidence, it has been reported.
Protecting the environment and the efficient management of resources were the factors that shaped China's rare earths policy in accordance with global trade rules.
'No more cheap rare earths'
Major Chinese multinational companies are making active efforts to engage in corporate citizenship as they expand into the global market.
The EU, Japan and the US on Tuesday said China's rare earth export quotas have limited other countries' access to those minerals.
Rash as it is, the United States' latest decision to enlist WTO support against China's rare earth policy is based upon unfair accusations.
China's Ministry of Commerce said Tuesday that it will properly deal with a dispute settlement request on rare earth made by three major economies in accordance with World Trade Organization (WTO) rules.
China United Network Communications Group Co Ltd, also known as China Unicom, parent company of the nation's second-largest telecom operator, will invest 2 billion yuan ($313 million) to set up a telecommunications data center and a call center in Northwest China's Shaanxi province.
Nie Zhenning, a member of the Chinese People's Political Consultative Conference and former president of China Publishing Group Corporation, proposed that the tax threshold on royalties be raised.
