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SINGAPORE, Nov. 14 (Xinhua) -- Chinese Vice President Xi Jinping said here Sunday that China attaches great importance to the development of relations with Singapore and is willing to continue to expand and deepen friendly cooperation of mutual benefit on the basis of mutual respect and equality.When meeting with Singapore Deputy Prime Minister Wong Kan Seng, Xi said China, together with Singapore, will promote the overall and sound development of bilateral relations from the new starting point of the 20th anniversary of the establishment of diplomatic ties so as to further benefit the peoples of the two countries.In the past decades, the bilateral relations have developed rapidly with considerable broadness and in-depth, said Xi, adding that the two countries have enjoyed high level of economic and trade cooperation which can be served as a good model.Chinese Vice President Xi Jinping (L) shakes hands with Singaporean Deputy Prime Minister Wong Kan Seng during their meeting in Singapore, Nov. 14, 2010.He said China and Singapore have achieved fruitful results in human resources and governance exchanges, and conducted close coordination in regards of major international and regional issues.Leaders of the two countries always consider the bilateral relations from strategic and long-term perspective so that the relations have maintained sustainable, stable and sound development, Xi said.With three cooperative mechanisms of vice-prime-minister level in place, the two sides witnessed rapid progress in such fields as hi-tech, Singapore's participation in China's local development, " Going Out" of Chinese enterprises, and human resources development, he said.Xi hoped the joint committee of bilateral relations, a major mechanism, will further offer more support to cooperation in various fields of the two countries so as to achieve mutual benefit and win-win results.China is still a developing country, and faces an arduous task to develop economy and improve people's life, though it has gained the remarkable achievement since the reform and opening-up, Xi said.Wong Kan Seng said it is of great significance of Xi's visit at the 20th anniversary of the establishment of diplomatic relations between the two countries.Singapore and China have a sound and strong basis in their relations, Wong said, adding that a successful and strong China will be conducive to the development of Singapore, also conducive to the benefit of countries in the region.Singapore will further the exchanges and cooperation with China to promote the bilateral relations to a new level.

ST. PETERSBURG, Russia, Nov. 22 (Xinhua) -- China and Russia are willing to further advance cooperation on the humanities sector, said senior Chinese and Russian officials here Monday.At the 11th session of the China-Russia commission on cooperation on humanities, Chinese State Councilor Liu Yandong hailed the significant part cultural exchanges and cooperation has played to consolidate the social basis of China-Russia relations.The China-Russia commission on cooperation on humanities has made considerable achievements since its foundation ten years ago, said Liu, who laid a particular emphasis on the successful staging of reciprocal national years and language years in the two countries in recent years.Such events have injected new momentum into the comprehensive deepening of Sino-Russian strategic partnership of cooperation, she said.Chinese State Councilor Liu Yandong (2nd R) visits St. Petersburg State University in St. Petersburg of Russia, Nov. 22, 2010. Next year marks the 10th anniversary since the signing of Sino- Russian Good-Neighborly Treaty of Friendship and Cooperation, said Liu.Guided by the principle of China-Russia peace and friendship for generations that was established by the treaty, China is willing to continuously expand cultural cooperation with Russia, enhance traditional friendship between their two peoples, and promote the sustainable, stable and health development of bilateral strategic partnership of cooperation, said Liu.Russian Deputy Prime Minister Alexander Zhukov, who co-chaired the session with Liu, said the fruitful cultural cooperation between Russia and China is of vital importance to promote bilateral friendship and all-round deepening of bilateral ties.Russia is willing to closely collaborate with China in this regard to further cooperate on humanities, he said.The session meanwhile summarized major progress made over the past 10 years, during which both sides reached broad consensus on expanding cooperation on education, culture, health, sports, tourism, media, film, dossier, youth, among other sectors.After the session the two sides announced the setting up of a new subcommission on youth cooperation. Liu and Zhukov also attended a signing ceremony that witnessed the seal of several agreements on bilateral cultural, tourism and broadcasting cooperation.Also on Monday, Liu visited St. Petersburg State University and Repin Academy of Fine Arts, where she encouraged teachers and students to actively engage in bolstering cultural exchanges between China and Russia.Liu arrived in St. Petersburg on Nov. 20, kicking off her visit to Russia.

BEIJING, Dec. 25 (Xinhua) --The presidium of the 11th Chinese People's Political Consultative Conference (CPPCC) National Committee held a meeting here on Saturday to discuss preparations for the upcoming Fourth Plenary Session of the 11th CPPCC National Committee, which is scheduled to open on March 3.The meeting was presided over by Jia Qinglin, chairman of the CPPCC National Committee and member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau.The meeting examined and approved the agenda of the 12th session of the Standing Committee of the 11th CPPCC National Committee, which is scheduled to run from February 26 to February 28 next year in Beijing.Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), presides over the 33rd meeting of chairpersons of the 11th CPPCC National Committee in Beijing, capital of China, Dec. 24, 2010.The meeting also examined and approved a draft name list for the secretariat of the Fourth Plenary Session of the 11th CPPCC National Committee and a decision to convene the Session.Zhao Qizheng has been appointed the spokesman for the Fourth Plenary Session of the 11th CPPCC National Committee.

JAKARTA, Nov. 8 (Xinhua) -- China and Indonesia on Monday reaffirmed their commitment to seeking stronger strategic partnership."My visit here is aimed at bolstering China's relations with Indonesia," Wu Bangguo, chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, said at a meeting with Indonesian Vice President Boediono on Monday afternoon.Boediono said the Indonesian government and people thanked China for its generous support to Indonesia.In earlier talks with his Indonesian counterpart Marzuki Alie, Wu announced China would offer 10-million-yuan humanitarian aid in cash to Indonesia as earthquake, tsunami and volcanic eruptions wrecked serious havoc on the country.Wu Bangguo (R front), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with Indonesian Vice President Boediono (L front) in Jakarta, capital of Indonesia, Nov. 8, 2010.As this year marked the 60th anniversary of bilateral diplomatic ties, Wu called for the two countries to take the 60th anniversary as an opportunity to advance the all-round growth of relations.Specifically, Wu proposed the two countries increase exchange of visits between high-ranking officials, give priority to cooperation on big projects and infrastructure construction, work more closely in energy exploration, agriculture, fishery, new energy, low-carbon economy and finance.Wu also suggested the two countries step up defense cooperation and work together on security consultation, staff training and maritime security.

BEIJING, Nov. 10 (Xinhua) -- China's central bank moved a step further to tighten liquidity amid increasing inflation pressures as it ordered Chinese banks to set aside more reserves on Wednesday.The People' s Bank of China, or the central bank, announced it would raise the deposit reserve requirement ratio (RRR) for Chinese financial institutions that accept deposits by 50 basis points from Nov. 16, which was estimated to freeze more than 300 billion yuan (45.1 billion U.S. dollars).The order came on the eve of Thursday's release of China' s October consumer price index (CPI), which is projected, by some economists, to reach 4 percent.The RRR for the four big state-owned banks - the Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China - will stand at 18 percent once the rise takes effect.Further, Wednesday's move will raise the deposit reserve ratio for other large financial institutions to 17.5 percent and that for small-and medium-sized financial institutions to 15.5 percent.The adjustment is the fourth RRR increase the central bank has ordered for Chinese banks this year, and the first time it has done so since it hiked interest rates by 0.25 percentage points last month.Chinese experts believe combined concerns, ranging from the looming hot money inflows caused by the United State quantitative easing to the growing inflation risks and soaring assets bubbles, have caused the central bank to raise the RRR to rein in liquidity."The central bank announced interest rates hikes and the RRR rise within one month, as the U.S. 600 billion-US-dollar quantitative easing is likely to send more speculative capital flowing to the emerging markets, and domestic commodities prices continue to increase, " senior economist with the Asian Development Bank, Zhuang Jian said, adding that the RRR increase will trim the banks' credit capital, which will help curb market speculation inflows and stabilize commodities prices.China's central bank, on Oct. 20, announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points, the first interest rates hike in three years, as the nation's CPI hit a 23-month high to 3.6 percent in September.October's CPI is due to be announced on Thursday, while economists anticipate the October year-on-year inflation is likely to rise to 4.1 percent.Further, prices of China' s edible farm produce have witnessed consecutive increases since mid-October, as prices of 18 types of vegetables in 36 large and medium-sized cities rose by 4.9 percent during the week that ended Nov. 7, according to data released Wednesday by the Ministry of Commerce.Zhang Ping, head of the National Development and Reform Commission, said Tuesday that the nation's CPI is expected to exceed the government' s annual target of 3 percent.Also, the nation's real estate prices continued the upward trend in October, though at a slower pace, with property prices in 70 major Chinese cities increasing by 8.6 percent year on year in October, down from the 9.1-percent increase in September, the National Bureau of Statistics showed Wednesday.Li Huaiding, analyst with the Guoxin Securities Co., said Wednesday's rise would contribute to scaling back liquidity, but pressures still exist in the upcoming months, and the central bank may again increase interest rates before the end of the year.Additionally, the central bank said in a report issued on Nov.2 that it would gradually normalize the monetary policy from its counter-crisis mode and tighten control over liquidity to maintain moderate credit growth in the coming months this year.