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Commerce Minister Gao Hucheng said China is capable of putting its economic growth on afirmer footing although it didn't set up an exact growth target for foreign trade in the annualgovernment work report this year. China didn't hit its growth target in foreign trade last year due to sluggish global demand anddropping commodity prices, but the decline in China's export growth rate was far lower than thatof other major economies, Gao said. This is the fourth time that China set a trade growth target without giving a specific figure withinthe past 20 years. "In addition to weak global demand, other uncertainties, such as fluctuation of foreign currenciesand policy adjustment in major economies, have had an impact on both global trade and China'sforeign trade volume," the minister said. Gao said the dropping trade volume in the first two month of this year are mainly caused bycontinued weak global goods demand and the country's reduced trade activities during theweek-long Spring Festival holiday. China's foreign trade volume reached $3.96 trillion in 2015, down 8 percent year-on-year, and itsforeign trade in goods, export value and total online retail sales ranked first in the world. Thecountry's total retail sales and trade in services ranked second globally. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com

The South China Sea and the Democratic People's Republic of Korea (DPRK) were just two of a long list of topics covered by visiting Chinese Foreign Minister Wang Yi and US Secretary of State John Kerry when they met in Washington on Tuesday. Wang reiterated China's stance on the South China Sea, saying he and Kerry agreed to have further dialogue on the South China Sea to deepen mutual understanding. "In particular, it's important to prevent any miscalculation," he said at a joint press conference with Kerry after a hours-long bilateral talk. "The islands in the South China Sea have been China's territory since ancient times, and China has the right to safeguard its territorial sovereignty," Wang said. While Kerry expressed his concerns over the militarization in the South China Sea by some countries, Wang said China, the US and ASEAN countries have all committed to non-militarization. But he noted that non-militarization is not the responsibility of one party alone. "It's something that we share," he said. Turning a deaf ear to China's calls for honoring its promise not to take sides on the maritime disputes, the US has since last October sent warships and military jets to deliberately violate China's territorial waters in the South China Sea. China does not hope to see any more close-up military reconnaissance or the dispatch of missile destroyers or strategic bombers to the South China Sea, according to Wang, clearly a reference to the high-profile US military presence in the region. At the press conference, Kerry said that the United States has the so-called "freedom-of-navigation" right in the South China Sea. "In fact, there has never been such a problem with freedom of navigation in the South China Sea," Wang stressed. "The situation in the South China Sea is overall stable." While frictions are making headlines, Wang said that China and the US have far more common interests than areas of disagreement. Wang also revealed that the United Nations Security Council has made important progress in its consultation on a new resolution regarding the DPRK. "We are looking at the possibility of reaching agreement on the draft resolution and passing it in the near future," he said in a joint press conference after the talk. Wang said China and the US do not accept DPRK's nuclear missile program. "We do not recognize DPRK as a nuclear weapons state," Wang said. It was the third meeting for the two in a month. He said once the agreement was passed, it will effectively limit further progress of the DPRK's nuclear missile program. But Wang emphasized that the resolution cannot provide a fundamental solution to the Korean nuclear issue. Kerry agreed, saying "there is no question that if the resolution is approved, it will go beyond anything that we have previously passed." Wang and Kerry agreed that the goal is to go back to negotiation. Wang talked about China's new basic proposal of pursuing in parallel tracks the denuclearization of the Korea...

Chinese dragon dancers take part in a parade to celebrate Chinese Lunar New Year in central London, Britain, on Feb 14, 2016.  about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com

   Our Spring Festrival holiday is from Feb 5th to Fed 15th.As Spring festival is coming soon,we wish everyone has a happy new year.Looking forward to cooperation with you in coming 2016.   about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com

BEIJING - China's foreign exchange (forex) market posted turnover of 110.93 trillion yuan ($16.7trillion) last year, the State Administration of Foreign Exchange (SAFE) said on Friday. It is the first time the annual turnover of the country's forex market has been released, accordingto the SAFE. In December, forex market turnover totaled 12.17 trillion yuan, including 2.46 trillion yuan in forextransactions between banks and their clients, 9.71 trillion yuan in interbank forex transactions, 5.53 trillion yuan in transactions on the spot forex market and 6.64 trillion yuan in forex derivativestransactions. It is forecast that forex market turnover will continue to rise this year as more overseas investorsenter China's forex market. In 2015, China opened its interbank forex market to overseas central banks and similarinstitutions to promote a market-oriented and more transparent interbank forex market. So far, 14 overseas central banks and similar institutions have been allowed to trade in China'sinterbank forex market. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com

WASHINGTON - US President Barack Obama participated in a town hall meeting hosted by the US TV network CNN Thursday night, defending his executive orders aimed at curbing gun violence in the country. Obama rejected as "imaginary fiction" the claim that he wanted to take away the guns of law-abiding Americans, reiterating that he respects the Second Amendment of the Constitution and the right to bear arms. "Our position is consistently mischaracterized," Obama said. "If you listen to the rhetoric, it is so over-the-top, it is so overheated." He also disputed the notion that most criminals acquired guns illegally or through personal connections, making background checks -- a major focus of his policy initiative on firearms -- of little utility. "All of us can agree that it makes sense to do everything we can to keep guns out of the hands of people who would do others harm, or themselves harm," he said. Obama unveiled on Tuesday a series of executive measures on gun control, including expanding background checks, and called for "a sense of urgency" about gun violence. Anybody in the business of selling firearms must get a license and conduct background checks or be subject to criminal prosecution, Obama said at the White House. He was joined by gun control activists and the families of gun victims. He said his administration will hire more people to process background checks to make the system more efficient and add 200 more agents and investigators to ensure the "smart and effective" enforcement of gun safety laws. Representatives of the National Rifle Association, a major opponent of Obama's gun-control measures, declined to participate in the town hall event and instead took to Fox News to blast Obama, according to CNN. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com

China's economic growth is predicted to further decelerate this year to 6.7 percent, the slowestsince 1991, trapped by manufacturing overcapacity and sluggish export, said a think tank reporton Tuesday. The year-on-year GDP growth in 2015 is possible to achieve 6.9 percent, down from 7.4 percentin 2014, predicted by the same report from the Center for Forecasting Science, ChineseAcademy of Sciences (CAS). It is less likely for the three major driving forces of economic growth – consumption, investmentand export, to bottom out over the year affected by the economic downward pressure, said thereport. It indicated the strongest support of the world's second largest economy will be domesticconsumption in the coming months, which will contribute 4 percentage points, compared with 2.6percentage points from investment and 0.1 percentage points from export. Stimulus on these driving forces, or the "demand side" will be less efficient to stabilize the growthbecause of the serious overcapacity problem, thus the government policy will focus on structuringreforms on the "supply side", said Chen Xikang, a professor of Academy of Mathematics andSystems Science under the CAS. The report forecasted a 10.5 percent year-on-year growth of retail sales this year, down from apossible 10.7 percent growth in 2015. The fixed-asset investment will remain stable around 10percent. The export, meanwhile, is likely to rebound to a 3.9 percent growth from a drop of 1.8percent. The forecast was published two weeks before the National Bureau Statistics' release of the 2015GDP growth rate and other major economic indicators. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com