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VIENNA, July 25 (Xinhua) -- Visiting Chinese Foreign Minister Yang Jiechi said here on Sunday mutual trust, support and enhanced cooperation are needed in the development of Sino-EU relations.Yang made the remark during talks with his Austrian counterpart Michael Spindelegger, during which they exchanged views on Sino- European relations.Yang said China and the European Union, while the biggest developing country and the biggest bloc of developed countries respectively, are also two major economies in the world. The two sides have neither fundamental conflict of interests, nor unresolved historical issues. Both sides believe in multilateralism and cultural diversity. Both support free trade. The two sides share broad common interests in tackling global climate change, driving world economy towards an early revival, and improving global management.China and Europe are major players in promoting world peace and development, Yang noted.Chinese Foreign Minister Yang Jiechi holds talks with his Austrian counterpart Michael Spindelegger in Vienna, capital of Austria, on July 25, 2010.Yang pointed out China and Europe are currently each in their own vital phase of development. With the international situation going through profound changes and ever-growing global challenges of various sorts, China and Europe need mutual trust, support and strengthened cooperation, Yang added.He said China attaches great importance to the development of comprehensive strategic partnership with EU and is willing to make joint efforts with EU in three aspects in order to improve the partnership.Firstly, keep up high-level visits and communications, strengthening mutual political trust.Secondly, strengthen parliamentary, party and people-to-people communications, consolidating public opinion and social foundations in the development of Sino-Eu relations.Thirdly, comprehensively push forward pragmatic cooperation, especially in areas of trade, high and new technology, green economy, standing together against trade protectionism, so as to achieve mutually beneficial and win-win situation.Yang also noted that the 13th meeting between Chinese and EU leaders, planned by both sides, and due to be held in October, is an important opportunity to define future Sino-EU relations. China would like to strengthen communication with EU, so the meeting could achieve positive results.Spindelegger said Austria was willing to play an active part in enhancing the development of Sino-EU relations.
GENEVA, July 19 (Xinhua) -- Top legislators of China and France met here on Monday and reiterated their willingness to further expand cooperation in various areas and strengthen coordination in international affairs.Wu Bangguo, chairman of the Standing Committee of the National People's Congress (NPC) of China, said his latest official goodwill visit to France was successful thanks to joint efforts by both China and France. It is in the interest of both countries and peoples to strengthen the bilateral ties and deepen cooperation in international and regional affairs, Wu said at the meeting with Accoyer.Bernard Accoyer, speaker of the French National Assembly, said Wu's visit to France is remarkable in Sino-French ties and is fruitful, which will play a constructive role in deepening substantial cooperation and boosting the friendship between the two peoples. France looks forward to take chance of Wu's visit to conduct closer coordination in international affairs and accelerate the development of Sino-French ties, he said.Wu paid an visit to France from July 7 to July 14 as a part of his three-nation Europe tour. He is here to attend the third World Conference of Speakers of Parliament.On the sideline of the conference, Wu also met with Klaus Schwab, executive chairman of the World Economic Forum, on Monday and discussed the upcoming Summer Davos Forum in China.
YUSHU, Qinghai, July 10 (Xinhua) -- The Chinese government on Saturday started a massive multi-million-dollar project to restore 87 monasteries damaged in a 7.1-magnitude earthquake that shook a predominantly Tibetan area in northwest China in April.Monks and officials gathered at the new site of Trangu Monastery in Yushu, Qinghai Province, for a brief ground-breaking ceremony. Monks from the 700-year-old monastery, whose former buildings collapsed in the quake, held a prayer service, chanting sutras and turning prayer wheels to mark the start of the rebuilding.More than 2,200 people were killed after the 7.1-magnitude earthquake struck Yushu. The entire town of Gyegu, the seat of Yushu prefectural government, was flattened, leaving more than 100,000 residents homeless.Lodroe Nyima Rinpoche, a living Buhhda of the Trangu Monastery, said monks felt "grateful" for the government efforts to rebuild damaged monasteries.Three best known monasteries damaged in the Yushu quake were Trangu, Gyegu and Renyak.The repair of Gyegu Monastery also started on Saturday.Qinghai's Ethnic Affairs Committee said the central government had earmarked 1 billion yuan for the monastery restoration in Yushu. The construction will cover an area of 170,000 square meters.Yushu is predominantly populated by ethnic Tibetans and most of them are Buddhists. There were thousands of monasteries, including 194 large or medium ones, in the region before the quake. The number of monks, nuns and other religious personnel was estimated at 23,000, local government data show.The economic losses of the monasteries and in-house religious relics mounted to 756 million yuan, according to the data.Monasteries and religious activities form an important part of local residents' daily life. Phuriwa, deputy head of Qinghai's Ethnic Affairs Committee, said the drafts for monastery restoration were revised many times only to best protect the Tibetan culture and to give local Buddhism believers best places to observe religious rituals.Saturday also marked the start of about 200 rebuilding projects in Yushu, which would cost 16 billion yuan.China plans to spend 31.7 billion yuan in three years to rebuild Yushu. Funding for the reconstruction will come mainly from the central budget, with contributions from provincial finances and donations, the government said earlier.
BEIJING, July 30 (Xinhuanet) --Zhejiang Geely Holding Group Co is expected to complete it takeover of Swedish luxury car brand Volvo from US automaker Ford Motor Co on Monday after getting government approval for the deal.Ministry of Commerce officials told China Daily on Thursday that the government cleared the Volvo deal on Monday 26, after the National Development and Reform Commission cleared the proposal last week.Geely has also got the necessary anti-trust approvals from the European Union and the US government for the deal.Li Shufu (center), chairman of Zhejiang Geely Holding Co, arrives for a news conference in Beijing earlier this year. The Geely-Volvo deal has won approval from the Chinese government."With this the decks are now clear for Geely to complete its acquisition of Volvo and start manufacturing the brand in China," said Wang Zhile, director of the research center on transnational corporations under the Ministry of Commerce.Yuan Xiaolin, Geely's spokesman for the Volvo deal was unavailable on Thursday for comment. However, unnamed sources from Geely told China Daily that the Zhejiang-based automaker will hold a formal function on Monday to complete the deal.Geely's shares surged nearly 11.32 percent and closed at HK.95 per share in Hong Kong on Thursday.Privately owned Geely paid .8 billion to acquire the Volvo car brand from Ford on March 28 this year. It was the biggest overseas deal made by Chinese automakers in recent times.Geely Chairman Li Shufu had at that time indicated that the company would invest 0 million as operating capital in Volvo apart from the US.8 billion purchase price.Geely said on July 15 that it had appointed Li as the chairman of the board at Volvo Car Corp. At the same time it appointed the former president and CEO of Volvo Hans-Olov Olsson as the vice-chairman.More appointments to the board and top management, including the chief executive and chief financial officer, may be made next week, said sources.Analysts said the Volvo buy will help Geely gain a competitive edge in China and also a major toehold in Europe.Pursuant to completion of the deal, Geely is likely to start making Volvo cars locally.Though it has not announced a location yet, indications are that it may consider Jiading in Shanghai, Chengdu in Sichuan, Beijing or Tianjin as possible production sites.During the firsts six months of the year, Volvo sold 15,497 cars in China, up 88 percent over last year.That compares to the Swedish luxury brand's 5.2 percent and 9 percent year-on-year decline in major markets like the United States and Germany.Geely plans to increase Volvo's annual sales in China to 150,000 units by 2015, said sources.
BEIJING, July 4 (Xinhua) -- China's weather forecast authorities on Sunday said the heat that had been bearing down on many parts of the country would continue for a few more days.Sweltering weather, with temperatures over 35 degrees Celsius, could be expected in at least 13 provinces and regions across China, the National Meteorological Center said.In Beijing, the local meteorological bureau upgraded the heat alert on Sunday from blue to yellow, two steps below the top alert. It said the maximum temperature on Monday might shoot up to 37 degrees.Sunday's temperatures did not exceed 36.8 degrees, but residents in the capital were already complaining.A girl plays at a fountain in Shenyang, capital of northeast China's Liaoning Province, on July 3, 2010. Hot weather swept most regions in northern, central and southern China these days, with temperature of some regions soaring to 39 degrees celsius."Since last Friday, it has been extremely hot outside from 8 o'clock in the morning to 10 o'clock in the evening. I have to turn on the air-conditioning at home all the time," said a Beijing resident surnamed Zhao.High temperatures were also reported in several provinces on Sunday. In eastern Zhejiang Province, temperatures in eight counties and cities reached 39 degrees.In Changchun, capital of northern Jilin Province, thousands of residents chose to spend their weekends in the city's libraries to dodge the heat.Meanwhile, the sales of air-conditioners became hot items in the northern Inner Mongolia Autonomous Region.