China lays framework for Q4 national economic development; CPC issues a landmark policy document for rural reform and development; Chinese premier vows to strengthen ties with Pakistan
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    • As per the report of the State Council, China will adopt a flexible and prudent macro-control policy to keep the economic development stable. According to the State Council meeting presided by the Chinese Premier Wen Jiabao, related financial, credit and foreign trade measures will be carried out in the near future in response to the slow in China’s economic growth and continued fluctuation in the domestic capital market1.In the meantime, in an important document by the Communist Party of China (CPC), the Central Committee of the party has issued a landmark policy document to further the rural reform and development. As per this plan, the farmers in China will be allowed to “lease their contracted farmland or transfer their land use right” to boost the scale of operation for farm production and provide funds for them for new business2.

    Xinhua reports that both China and Pakistan has expressed their desire to expand their bilateral ties. Chinese Premier Wen Jiabao net last week the visiting Pakistani President Asif Ali Zardari in Beijing and shared common interests. The Chinese Premier pledged to help Pakistan overcome its economic problems by offering assistance. However, Wen Jiabao didn’t specify what kind of assistance China would be giving to Pakistan. On the other hand, Zardari expressed to deepen the Sino-Pakistan friendship to the extent of “deeper than sea”3.

    The Chinese media reports that the dates for the next-round of six-party talks regarding the Korean Peninsula nuclear issue is yet to be decided. Xinhua reports that the Foreign Ministry spokesman Qin Gang has said that China is in touch with the other five parties to come up with a date for the next Heads of Delegation meeting. In July 10-12 this year, the earlier meeting of the Heads of the six-party talks was held in Beijing involving China, the DPRK, Japan, the ROK, Russia and the United States4.

    According to a senior Mainland Affairs Council official, the forthcoming negotiation between the Taiwanese and Chinese agencies will not cover the political issues. This coming meeting between the Strait Exchange Foundation (SEF) and the Association for Relations across the Taiwan Strait (ARATS) will cover the economic issues mainly. Among them, cargo charter flights, direct sea links, aviation routes, postal cooperation and food safety are some of the key issues. These remarks were made by MAC Cice-Chairman Fu Don-cheng during a forum organized by the Ming Chuan University5.

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