image
Advance Search      RSS
中文   |  
Francais   |   Deutsch   |   日本语
| Subscribe
Home Nation World Business Science/Technology Photo Gallery Arts & Culture 2008 Olympics Health VIDEO
e-magazine
Booking a Place in History
Rare ancient Chinese bamboo books dating back more than 2,000 years come home
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Business Category
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Arts & Culture
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
2008 Olympics
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links
· China.org.cn
· Xinhua News Agency
· People's Daily
· China Daily
· China Radio International
· CCTV
· CHINAFRICA
Newsmakers
Web> Newsmakers
UPDATED: December-14-2007 NO.51 DEC.20, 2007
Trading on a New Broom
Having served in several senior government positions, Chen Deming is the new face behind the "Made-in-China" shove
 

Having served in several senior government positions, Chen Deming is the new face behind the "Made-in-China" shove. The recently appointed vice minister of commerce is currently entrusted to oversee China's trade affairs, both internal and external. This came about after former Minister of Commerce Bo Xilai was appointed as Party chief of Chongqing, the country's largest municipality, in early December.

Chen made his debut as a new trade chief at China's high-profile economic dialogues with Japan and the United States, on December 1 and December 12-13, respectively. Before that, he was first vice minister of the National Development and Reform Commission (NDRC), the central-level economic planning body, in charge of energy affairs and overall economic restructuring.

However, what may better testify to Chen's competence in the area of trade is his reputation as an outstanding negotiator, which he earned during his tenure as mayor of Suzhou, one of China's fastest growing cities in coastal Jiangsu Province.

In the late 1990s, China's largest intergovernmental project, the Sino-Singapore Suzhou Industrial Park, was at risk of failure as the Singaporean Government moved to withdraw due to heavy financial losses. Chen eventually helped revive the cooperation agreement after a yearlong negotiation with Singaporean representatives. The efforts have paid off. Up to 2006, contractual foreign investment in the park had reached $26.9 billion. Local gross domestic product stood at 68 billion yuan (nearly $8.95 billion) in the year; and foreign trade volume, $50 billion.

In May 2002, Chen was transferred to less developed Shaanxi Province in northwest China, where he had successively served as vice governor and governor until he was given the NDRC post in June 2006.

As China is expected to overtake Germany as the world's second largest trader this year and there are growing disputes over the prices and quality of Chinese exports, foreign trade has become a dominant issue on the government's economic agenda. Chen's most urgent challenges will include maintaining the growth momentum of exports and foreign direct investment to China against the backdrop a global slowdown caused by the U.S. subprime loan crisis, optimizing China's export structure and further integrating domestic and foreign trade.



 
Top Story
-From Rags to Riches
-Common Prosperity
-Change in the Air
-All That Glitters
-Balance Game
Most Popular
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved