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XIAMEN, Sept. 7 (Xinhua) -- The 2nd World Investment Forum (WIF), seeking to offer insights on the balance between investment and sustainable development, kicked off Tuesday in the coastal city of Xiamen of southeastern Fujian Province.With the theme of "Investment for Sustainable Development", the current forum, organized by the United Nations Conference on Trade and Development (UNCTAD), have attracted more than 1,500 oversease investors, policymakers and international organization representatives.Among the attendants to the forum are World Trade Organization Director-General Pascal Lamy, prime ministers from Greece, Zimbabwe and Mongolia, and presidents from Bulgaria, Peru, Ghana and Jamaica.The high-profile attendance "demonstrates the importance that international investment has gained as an engine of growth and development," UNCTAD Secretary-General Supachai Panitchpakdi said at the opening ceremony of the forum.According to Supachai, the three-day forum will examine the challenges and opportunities for global investment in a post-crisis economy.Supachai urged "a new generation of investment policies" to promote the transformation towards a low carbon economy.The forum will include a series of conferences on topics such as the impact of investment on sustainable development, how stock exchanges can promote sustainable business practices and the need for a recognised set of principles for borrowers and lenders that promotes sustainable debt and credit conditions.Also included are a ministerial round table meeting that will address investment policy coherence in the post-crisis environment and presentations from several countries showcasing climate change-related investment projects.Chinese Vice President Xi Jinping delivered a keynote speech at the ongoing opening ceremony of the 2nd World Investment Forum, which is sponsored by the United Nations Conference on Trade and Development (UNCTAD).

TEHRAN, Sept. 29 (Xinhua) -- Senior Communist Party of China ( CPC) official Li Changchun visited Iran from Tuesday to Wednesday, met with Iranian leaders and stressed bilateral cooperation.Li, a member of the Standing Committee of the CPC Central Committee Political Bureau, conveyed sincere greetings and best wishes to Iranian people in a written speech issued upon his arrival at the airport early Tuesday morning.Iran is an ancient civilized country with a long history which has created the splendid Persian civilization and made important contribution to the development and progress of human civilization, he said.Exchanges between China and Iran began more than 2,000 years ago, and the ancient Silk Road witnessed the continuation and development of the friendship between the two countries, Li added."China values the traditional friendship between the two sides, and during my stay here I will meet and hold talks with Iranian leaders, exchange our ideas on boosting the bilateral relations, discuss new ways to promote political mutual trust and deepen mutually beneficial cooperation, and promote bilateral exchanges and cooperation in political, economic and cultural aspects to gain new achievements," he said at the airport.Li met here Tuesday morning with the Iranian president and vice president to discuss bilateral relations.When meeting with Iranian President Mahmoud Ahmadinejad, he thanked the Iranian leader for offering condolences to China when the country was hit by severe natural disasters, including the earthquake in Yushu, Qinghai province, and the mudslides in Zhouqu, Gansu province, and his attendance at the Shanghai Expo to celebrate Iran's National Pavilion Day.With joint efforts by the two countries in recent years, bilateral relations have maintained a good momentum, political mutual trust has been enhanced and bilateral trade cooperation has been widened, exchanges in culture, education and tourism have been expanded, and traditional friendship between the two peoples has been deepened.The two countries are faced with challenges as well as development opportunities regarding regional and world stability, tackling the impacts of the international financial crisis and boosting economic development, he noted.The CPC official said China is willing to cooperate with Iran to seize the opportunities to consolidate and develop bilateral relations in various areas.Li put forward a four-point proposal to develop bilateral relations, including maintaining high-level contacts and deepening political mutual trust, boosting pragmatic cooperation, strengthening cultural exchanges, and maintaining coordination in international affairs.Li and Ahmadinejad exchanged their views on international and regional issues of common concern.Li reiterated China's stance to solve the Iranian nuclear issue through negotiations. "China is willing to continue playing a constructive role in this regard," he said.Ahmadinejad asked Li to convey his greetings to Chinese President Hu Jintao and said he agreed with Li's proposal on further boosting bilateral relations.The Iranian president pointed out that Iran and China share similar views on the current world situation and global issues, and they face similar challenges and opportunities."Development of friendly relations between the two countries is in the interest of the two peoples and regional peace," he said. "Iran will continue implementing friendly policies toward China, boost pragmatic cooperation in different fields and realize the common development of the two sides."While expressing appreciation for China's long-standing efforts to help solve the Iranian nuclear issue, he said Iran is committed to solving the issue through negotiations.

BEIJING, Nov. 3 (Xinhua) -- China's banking regulator on Tuesday said the banking industry, pillar of the nation's financial system, has an important role to play in transforming the country's economic growth pattern as it highlighted four areas in boosting the process.Jiang Dingzhi, vice chairman of the China Banking Regulatory Commission, on Tuesday urged more efforts be made by the nation's banking sector in expanding consumption-related loans amid the government calling to boost domestic consumption.More channels should be opened to meet the varied consumption needs from residents as financial support should lean on the construction of affordable housing. Loans to property developers who make small and medium-sized homes at medium and low prices should be met, but be restricted to them for speculative purposes, Jiang said.Also, the structure of bank credit should be further optimized in line with the restructuring of the nation's economy, Jiang said at an industrial forum held here Tuesday.This could mean polluting and energy-intensive companies may face more difficulties in obtaining loans from banks.Meanwhile, Jiang urged banks to improve their financial services in the rural areas in China as part of the coordinated development between the rural and urban areas.Further, Jiang said banks should work to improve the availability of financial support for small-sized companies and low-income residents.Jiang said total outstanding bank loans to small-sized companies stood at 7.1 trillion yuan (1.1 trillion U.S. dollars) by the end of September, an increase of 22.3 percent, or 1.3 trillion yuan, compared to the beginning of the year.The growth rate was higher than the average 14.5 percent increase of new loans for all companies during the period, Jiang said.

DAMASCUS, Oct. 29 (Xinhua) -- China's top political adviser Jia Qinglin arrived here Friday for an official friendly visit to Syria.In a written speech released at the airport, Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), hailed the development of bilateral ties between China and Syria since they established diplomatic relations in 1956."China attaches great importance to the friendly ties with Syria," he said, pledging joint efforts with Syria to enhance political mutual trust, boost traditional friendship, bolster substantial cooperation and promote common development.Jia said he was looking forward to exchanging views with Syrian leaders on the further development of bilateral relations and on major international and regional issues of common concern."I believe my visit will help the people of China and Syria better know each other and boost their friendship," he said.Syria is the first leg of Jia's four-nation tour from Oct. 29 to Nov. 11. He will also visit Poland, Oman and Kazakhstan.