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China to take steps to stabilize foreign trade

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Thursday, 23 May 2013

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Pakistani journalist selected to cover upcoming UN General Assembly session -

UNITED NATIONS, May 22 (APP): A Pakistani is among four journalists selected by the Dag Hammarskjold Fund for Journalists, to cover the 68th session of the UN General Assembly opening in September, it was announced Wednesday. She is Maria Kamal of The News International. The others are: Rose Wangui (Kenya), Leda Balbino (Brazil) and Guslin Harman (Turkey). The prestigious fellowship programme was established by U.N. corps of correspondents in 1961 to honour the memory of Dag Hammarskjold, the second secretary-general. Since then young, working journalists from Africa, Asia and Latin America have been brought to New York to observe and report to their news organizations on the UN General Assembly, and also to improve their professional skills.

UN chief calls for int’l efforts to achieve ‘water secure world’ -

UNITED NATIONS, May 22 (APP): UN Secretary-General Ban Ki- moon has called on the international community to work towards a “water secure world” as part of the global ecosystem plan noted in the Millennium Development Goals (MDGs) and post- 2015 agenda. “Although seemingly abundant, only a tiny amount of the water on our planet is easily available as freshwater,” the secretary-general said in a message issued here by his spokesperson to mark the International Day for Biological Diversity, which is being observed on Wednesday.

23 dead in Shandong plant blast -

BEIJING, May 22 (APP):- Twenty-three people have been confirmed dead and 10 others remain missing after a blast ripped through an explosives manufacturing plant in east China’s Shandong Province on Monday.

China-Pakistan relations of equality, mutual trust stand weatherproof -

BEIJING, May 22 (APP) As Chinese Premier Li Keqiang arrived in Islamabad Wednesday, the second stop of his first overseas trip as China’s new head of government, Beijing said that it was worth noting that Li was the first foreign leader to visit Pakistan in the wake of the country’s general elections.

Woodrow Wilson Center awards Pakistan scholarship to economic journalist -

WASHINGTON, May 22 (APP): The Woodrow Wilson International Center for Scholars, in collaboration with the Fellowship Fund for Pakistan (FFFP), has announced the appointment of Khurram Husain as the Wilson Center’s new Pakistan Scholar.Husain, a business and economic journalist working in Pakistan, will spend nine months in residence at the Wilson Center beginning September 3, 2013, working on a book on the political economy of reform in Pakistan over the past two decades, a news release said Tuesday. Husain has written for numerous media including the Express Tribune and his current affiliations include Dawn newspaper and the BBC. He has also taught at the prestigious Lahore University of Management Sciences.He will succeed Dr. Simbal Khan, the Wilson Center’s 2012-13 Pakistan Scholar. During her stay at the Center, Khan worked on a book looking at U.S.-Pakistani security ties since the 9/11 attacks.

Sport News

Asif confident of Pakistan doing well in Asian Team Snooker

KARACHI, May 22 (APP): Reigning World Champion Muhammad Asif was confident of doing well in inaugural Asian Team Snooker and 6-Red Snooker Championship being held Doha (Qatar) from May 24 to 30. “All our players like Sajjad, Hamza and Majid are in a good nick and are in the best frame of mind to do well in Doha event”, Muhammad Asif told APP in an interview on Wednesday.
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National ranking boxing tournament next month

LAHORE, May 22 (APP): National ranking boxing tournament will be held from June 20 at Hyderabad under the aegis of Pakistan Boxing Federation. “It will be a top national level boxing activity being held after the elections of the present regime of the PBF,” said Secretary, PBF, Iqbal Hussain while talking to APP here on Wednesday.
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Pak snooker to leave for Doha

LAHORE, May 22 (APP): A four-member Pakistan snooker team is leaving, Thursday for Doha to take part in the first Asian team event and 2nd Red snooker championship being played from May 24-30.
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Latest scandal again damaged game’s image: Ex-cricketers

ISLAMABAD, May 22 (APP): Former Pakistan players perceive the recent spot-fixing scandal as a cause to faint the image of the game of cricket and has stone the ongoing Indian Premier League. Talking to private news channel, Former Test captain Zaheer Abbas said that he was shocked by the scandal involving Indian Test player, S.Sreesanth and two others Ajit Chandila and Ankeet Chavan.
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Akhtar Rasool led team management to continue till World Cup

LAHORE, May 21 (APP): Pakistan Hockey Federation has decided to retain Akhtar Rasool led team management till next year’s World Cup adding few professionals in the team management staff to boost the performance of the team.
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China to take steps to stabilize foreign trade

BEIJING, Sept 12 (APP): The State Council, China’s cabinet, approved on Wednesday a raft of measures to stabilize growth in foreign trade. The government will speed up the process of export tax rebates for companies and make sure payments are given accurately and timely, according to a statement released after a State Council executive meeting, which was presided over by Premier Wen Jiabao. The measures were announced as the world’s largest exporter and the second-largest economy experiences a slowdown.

The government urged commercial banks to expand trade financing for small and micro-sized firms, and increase credit to qualified exporters. Meanwhile, export-related insurance companies have been asked to increase short-term services to small and medium-sized businesses to help them explore overseas markets, the Xinhua news quoted the statement.
Further, administrative procedures such as inspection and quarantine will be optimized and related costs will be reduced starting next year in order to improve efficiency during customs clearance, the statement added.
Government data showed the country’s total foreign trade reached 2.5 trillion U.S. dollars in the first eight months, up 6.2 percent year on year.
However, the growth rate was far below the 10-percent full-year target.
Meanwhile, economic growth eased to 7.6 percent in the second quarter, marking the lowest growth in more than three years.

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