ALGIERS cheap air max white , Sept. 6 (Xinhua) -- The Plan of Action (POA) proposed by incumbent Algerian Prime Minister Ahmed Ouyahia was examined and approved at a cabinet meeting on Wednesday, official APS news agency reported.
The Council of Ministers was chaired by Algerian President Abdelaziz Bouteflika, the second time he has performed the function in a year.
Bouteflika last presided over such a meeting in mid-June when the cabinet was led by former Prime Minister Abdelmadjid Tebboune.
The POA will still need to be submitted to the two houses of the Parliament for approval before implementation.
The draft amendament to the Money and Credit Law was also examined and approved, in order to pave the way for unconventional financing of national economy.
The "exceptional financing will be accompanied by the implementation of a structural program for economic and financial reforms," Bouteflika was quoted as saying by APS.
Ouyahia, leader of the ruling Democratic National Rally (RND) and chief of staff at the President Office, was appointed as Prime Minister in August in replace of Tebboune.
Tebboune was dismissed after fewer than three months in office, amid heavy criticism following his pledge to fight corruption and separate "money from politics."
China-Arab States Expo opens in NW China
In pics: China's future Mars simulation base in Qinghai
Scientists inspect lakes and rivers on Qinghai-Tibet Plateau
Spectacular scenery of Hukou Waterfall of Yellow River
In pics: China's future Mars simulation base in Qinghai
Actors perform during acrobatics show in central China's Puyang
Colorful houses seen in N China's beautiful countryside
Spectacular scenery of Hukou Waterfall of Yellow River
BUENOS AIRES, May 19 (Xinhua) -- Argentina and China hold vital importance to each other, given their friendship, cooperation and ample potential for growth in diverse sectors, experts have said.
"No country in the world can deny the importance of bilateral diplomatic ties with a country like China, and Argentina falls into that category," Maria Cecilia Peralta and Nadia Radulovich, co-founders of Asia Viewers, a consulting firm that provides public and private sectors with insight into Asian countries and affairs, told Xinhua recently.
As major emerging markets, China and Argentina are well positioned to promote bilateral exchanges and cooperation, share development opportunities, and work together to tackle common challenges.
The South American country is a traditional producer and exporter of primary agricultural products. It hopes to increase its export of high-tech and value-added goods to the Asian giant in a bid to optimize its economic structure.
Beijing, meanwhile, has been very active in helping to modernize and strengthen Argentina's strategic industries, including the railroad sector, hydraulic engineering and nuclear energy.
ECONOMIC COMPLEMENTARITY
Since Argentina's new government came to power in December 2015, it has readjusted the relationship with China and scrutinized again bilateral agreements signed in recent years, the experts said.
However, China-Argentina ties remain intact both "at the national and business level," and "previously signed accords were given new appreciation," the experts added.
The two countries, which established diplomatic ties in 1972, are jointly tackling the challenge of continuing to cultivate their relationship and boost their cooperation of mutual benefit under the new circumstances.
"For Argentina, the Asian country is a great source of resources in areas of cooperation, such as investment, trade and infrastructure, which the country currently needs to continue its path to development," said the experts.
"For the Asian giant, the food security of its population is crucial, as is the possibility to access foodstuffs with greater added value, so it can reach the development goals it set as part of its ambitious Five Year Plan," said Radulovich, who is a member of the China Group at the Argentine Council on International Relations (CARI).
With China being the leading market for Argentina's food exports, and Argentina being China's fifth-largest source of agricultural goods, the experts see the agri-foods sector as ha