Great!   There is one customer asking about my ornaments finally. My e-shop has been opened about 10 days, but there is not anyone who ask me  about my goods until today.

 Althourgh he has not decide to buy it, but it encourages me. As long as I can put all my heart on my shop, my business can be well in one day. And I hope this time should not be long.   

                18 th East China Fair (2008 Shanghai)

Efforts to rejuvenate Northeast pay off

(Xinhua)

 Updated: 2008-01-13 10:15

China's efforts to rejuvenate its northeastern rust belt have yielded positive results as Liaoning Province's gross domestic product (GDP) exceeded one trillion yuan in 2007.

Liaoning's GDP is estimated to have grown by a record high of 14.5 percent to hit 1.09 trillion yuan ($149.32 billion) last year, and the province is the eighth in the country to have a GDP above one trillion yuan, said acting governor Chen Zhenggao at the 5th plenary session of the Liaoning Provincial Committee of the Communist Party of China (CPC) and the economic work meeting held on Friday.

Seven other regions already with a GDP above one trillion yuan in 2006 were Guangdong, Shandong, Jiangsu, Zhejiang, Henan, Hebei provinces and Shanghai Municipality.

Liaoning also saw a growth of 32.3 percent in general budget revenue which reached 108.2 billion yuan.

"Both achievements symbolize the fact that Liaoning has entered a new stage thanks to the campaign to rejuvenate the rust belt," said Chen.

Liaoning, which used to serve as an important industrial base under the country's planned economy, slipped into the doldrums when the country began to adopt a reform and opening-up drive about three decades ago and gradually endorse a market economy.

With a legion of old industrial workshops and backward production lines, Liaoning was overshadowed by other Chinese regions on the coast, such as Guangdong and Zhejiang.

The central Chinese government put forward a strategy to invigorate the northeast China in September 2003.

The northeastern region, including the provinces of Liaoning, Jilin, Heilongjiang and eastern Inner Mongolia, has an area of 1.45 million square kilometers and a population of 120 million.

Under that strategy, Liaoning will be built into an advanced equipment manufacturing base of international competitiveness and a processing base of new materials.

With the support of the central government, Liaoning has seen fast expansion in the equipment manufacturing business characterized by machine tools and shipbuilding.

Think tank: GDP to grow by 10.2%, CPI 4.4%

(Xinhua)

Updated: 2008-01-11 22:55

  BEIJING -- China's Gross Domestic Product (GDP) is projected to grow by 10.2 percent to reach 27.93 trillion yuan (US$3.88 trillion) in 2008, and the consumer price index (CPI) is to jump by 4.4 percent, according to a report by the country's major think tank.

The report, issued on Friday by the Chinese Academy of Sciences (CAS), predicted China's economy would continue to enjoy strong growth, driven by the favorable economic environment.

However, the report said, the growth would be slowed down by the fluctuating prices of resource commodities in the global and domestic markets, as well as long-standing systematic problems of China's economy.

Yao Jingyuan, the chief economist of the National Bureau of Statistics (NBS), said that China's GDP is to grow by 11.5 percent in 2007.

The CAS report echoed previous predictions that the world's fastest growing major economy is likely to expand at a slower rate in 2008 than it did the previous year.

The State Information Center (SIC) predicted a week ago that China's GDP growth would slow to 10.8 percent in 2008.

The academy also predicted a 4.4 percent rise of the consumer price index (CPI) for this year with economic tightening measures taking effect.

But it warned the index could rise to 5.8 percent if the government fails to work out effective control policies.

In 2008, the inflation pressure will continue to mount up, said the report issued by the Center for Forecasting Science of Chinese Academy of Science (CAS) here Friday.