China Daily reports: China now has become the second largest export market for Pittsburgh, only after Canada. Some companies in Pittsburgh, such as Westinghouse, are heavily dependent on China for its business expansion. China as the world’s fastest growing economy, is in great need of higher energy production. Companies such as Westinghouse who provides value and service on nuclear plants have a great market potential in China.

中国日报消息，中国目前已经成为匹兹堡第二大出口市场。在核能发电等领域，匹兹堡和中国有重要的合作基础和前景。这样的情况对于即将在匹兹堡举办的G20有重要意义，很可能为众多匹兹堡公司带来重要商机。

According to China Daily, US secretary of Commerce Mr Gary Locke expresses welcome message to Chinese for investment opportunity in America. To quote Mr Locke, US is much more open to foreign investment than any other country in the world and presents great opportunity for investors including Chinese. US is fighting against a possible slow down to the worst economic recission since WWII. The Obama government has launched record stimulus program to boost the domestic economy and bail out losers in a real estate bubble burst.

中国日报报道，美国商务部长洛克欢迎中国投资者去美国投资。洛克先生认为美国是地球上对外资最开放的国家，对于中国投资者来说应当有丰富的投资机会。

Guardian Reports: Gordon Brown is to set out a proposal in G20 to boost Chinese demand and hope that such a plan would lead global economies out of the crisis and reduce the world’s demand on American consumers. Gordon Brown along with IMF and US President Barack Obama have jointly discussed the issue on how to encourage Chinese demand and address the imbalance of global trade that has been one of the root causes of the current economic crisis. Whether Brown’s proposal will be welcome by the Chinese remains to be seen in G20 in Pittsburg.

英国卫报消息，英国首相布朗近来和IMF以及美国总统奥巴马一起制定了一项旨在促进中国消费的动议。该动议的目标在于增加中国消费以帮助全球经济渡过危机并减少对美国消费的依赖。布朗将在匹兹堡的G20会议上向大会提出这项动议。

CHINA reduced in tariffs on imported auto parts after it lost a World Trade Organization appeal. The WTO ruling late last year upheld a complaint from the United States, Canada and the European Union that China’s higher tariffs on imported auto parts violated international trading agreements. Such a ruling from WTO enforces China to reduce tariff on Auto Parts, which creates problems for Domestic auto makers but presents opportunity for foreign car makers and could potentially benefit consumers.

由于在WTO仲裁中败诉，中国政府不得不同意降低某些汽车零件的关税。在这样的背景下，国内汽车厂商的竞争性受到影响，同时外国汽车厂商鼓掌叫好，而国内汽车消费者也因此可能获得更加低价的外国汽车的好处。

Original Text can be found HERE.

In an interview conducted by Xin Hua to Mr.Fareed Zakaria, the CNN and Newsweek analyst, Mr. Zakaria expressed bullish view on China and her prospect after the crisis. According to Mr.Zakaria, the stimulus program from China government is smart and larger than that of US in terms of GDP percentage, and he expects the stimulus to exert positive impact on domestic economy and help China to walk out of the crisis earlier than most others.

新华社近日对Fareed Zakaria进行采访。Zakaria是CNN和Newsweek的政治分析员。他对中国走出危机表示了强烈的信心，并且指出4万亿刺激政策对稳定经济保持增长起到了关键作用。

The original text can be found HERE.

It is reported by Xinhua that the major SOEs’ profit in China has fallen by 30% last year. A total of 141 big SOEs reported a net profit of 18 billion yuan, which is 30.8% down compared to the year before. The profitability of SOEs in China has always been a central topic of media. On one hand they are accused by media for holding monopoly or near monopoly status in the domestic economy and reaping exceptionally high profits, on the other hand some of the SOEs report unbelievably low efficiency and profitability. It is one of the top mandates for the state government to revolutionize SOEs towards higher competitiveness.

新华社报道，中国国企去年的利润比前年下降30%。共有141家大型国企被纳入调查。该结果让人有点意外，特别是某些国企占据国民经济重要行业垄断地位。

The original text can be found HERE.

According to China Daily, The luxury Car Expo in Chengdu has attracted more attention than expected. It also confirms a sign that there is a huge market for Luxury cars in second tier Chinese cities such as Chengdu. Most luxury brands such as BMW, M-B, Astin Martin and Volvo find strong demand in China’s western markets surrounding Chengdu.

成都最近举办了为期一周的豪华车展，引起很不错的反响。世界各大豪华车品牌都在成都及中国西部扎根拓展，充分体现了这块区域未来对豪华车市场的潜力。

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The correspondent of Telegraph, Mr Peter Foster, interviewed a senior analyst in Beijing on China’s africa policy. Along with his interview with others come the doubt from western academia or media on China’s intention in its African adventure.

每日电邮报发表社论，质疑中国在非洲的经济殖民以及其后果，同时对中国是否能够超越欧美对非洲的经济援助发表看法。

The original article can be found HERE.

Mr. Liu Mingkang, chairman of the China Banking Regulatory Commission, warned of growing risks to the country’s financial system as a result of an unprecedented expansion in new loans and urged the country’s lenders to improve their internal management.

银监会主席刘明康提示由于海量贷款，中国发生金融危机的可能性正在增加。同时刘明康主席要求提高银行的内部管理以应对可能的危机。

The original article can be found HERE.

According to a survey reported by WSJ, Chinese farmers are getting higher rents for their land and increasingly renting it out for longer, in a trend that is enlarging the market for farmland and transforming the rural economy.

华尔街日报消息，根据最新的一份调查，中国内地农民的租金收入有所提高。同时拥有土地的农民将其土地出租的平均时间也有所增加。这些因素增加了农民的收入并且预示中国农村经济还有很大增长空间。

The original article can be found HERE.

原文地址在此.