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HONG KONG, March 20 (Xinhua) -- Hong Kong signed an agreement with Brunei for the avoidance of double taxation and the prevention of fiscal evasion with respect to income taxes, the HK Special Administrative Region government said on Saturday.According to an official news release, Financial Secretary John Tsang signed the deal with Brunei Second Minister of Finance Abdul Rahman Ibrahim on Saturday during his visit to the southeast Asian country.This was the sixth comprehensive agreement for the avoidance of double taxation concluded by Hong Kong.It will eliminate double taxation instances encountered by Hong Kong and Bruneian investors, and bring about tax savings and certainty in tax liabilities in connection with cross-border economic activities.It is also believed to help foster closer economic and trade links between the two places, and provide added incentives for Brunei's enterprises to do business or invest in Hong Kong.Profits of Hong Kong trading companies doing business through a permanent establishment in Brunei may be taxed in both places if the income is Hong Kong sourced. Under the agreement, double taxation is avoided in that any Brunei tax paid by the companies can be deducted from the tax payable in Hong Kong.

BEIJING, March 18 (Xinhua) -- Chinese Foreign Minister Yang Jiechi Thursday discussed with Yu Myung Hwan, his counterpart from the Republic of Korea (ROK), the Korean Peninsula nuclear issue and the six-party process, according to a press release issued after the talks.The statement from the Chinese Foreign Ministry said they touched on regional and international issues of common concern during the talks, but it gave no further details on those issues.The two senior officials also voiced their willingness to work together to promote exchanges and cooperation, so as to push forward bilateral ties, according to the release.Yu, who arrived in China late Wednesday, visited the Expo garden in Shanghai before heading to Beijing.Yu met with Chinese Premier Wen Jiabao in the afternoon, during which they discussed China-ROK relations and issues of common concern.Launched in 2003, the six-party talks on the Korean Peninsula involve China, the Democratic People's Republic of Korea (DPRK), the United States, the ROK, Russia and Japan.

BEIJING, March 18 (Xinhua) -- China's top political advisor Jia Qinglin Thursday called for joint efforts to push forward the development of relations between the Chinese mainland and Taiwan.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), made the remarks when he met with a Taiwan delegation led by Yao Eng-chi.The world economy was gradually breaking away from the serious negative impact of the global financial crisis, and economic cooperation across the Taiwan Strait was embarking on a new stage, he said.Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with a Taiwan delegation headed by Yao Eng-chi(L) in Beijing, March 18, 2010. "We should seize the opportunity to enhance economic and financial exchanges, and negotiate and sign the cross-Strait Economic Cooperation Framework Agreement (ECFA) based on mutual benefit," he said.Yao, whose delegation consists of former Taiwan local legislators, said the mainstream public opinion in Taiwan hoped for peaceful development of cross-Strait ties, and cooperation across the Strait needed to win more understanding and support from the public in the island.

BEIJING, Feb. 27 (Xinhua) -- Chinese Premier Wen Jiabao mainly focused on domestic issues and challenges during his second annual online chat here Saturday with the public, in which he described 2010 as "the most complicated year" for the country.In the two-hour live webcast, Wen answered more than 20 questions, touching on the country's severe employment situation, fledgling economic recovery, soaring housing prices, inflation, corruption, and a cross-Strait economic pact. Chinese Premier Wen Jiabao (L) chats on-line with netizens at two state news portals in Beijing, capital of China, Feb. 27, 2010. The two major portals, namely www.gov.cn of the central government, and www.xinhuanet.com of Xinhua News Agency, jointly interviewed Premier Wen on Saturday with chosen questions raised by netizensWen did not touch much on major international issues, except trade conflicts with the United States. The Premier vowed the country would keep open to the outside world when mentioning the up-coming Shanghai World Expo.In a white shirt and a dark jacket, Wen answered questions with "frankness and sincerity" as netizens described. Some scrupulous watchers even posted messages, saying that "He dressed exactly the same as in last year's online chat," which was also ahead of the country's annual Parliament session.In his opening remark, Wen said, "I do not feel so nervous this time, but still cherish this opportunity, as such kind of opportunities remain limited." Chinese Premier Wen Jiabao chats on-line with netizens at two state news portals in Beijing, capital of China, Feb. 27, 2010. The two major portals, namely www.gov.cn of the central government, and www.xinhuanet.com of Xinhua News Agency, jointly interviewed Premier Wen on Saturday with chosen questions raised by netizens"The problems of public concern often keep me up night after night, searching for solutions," he said.Noticing that both netizens' questions and premier's remarks focused on domestic issues in this high-profile event, observers said the phenomenon may exactly illustrate that China was still a developing country with numerous thorny issues of its own.The chat seems to support the belief of Chinese leaders that the country's most pressing task is to address domestic issues, they said.Wen did not talk too much about the widely concerned international affairs, such as climate change or the relations with neighboring countries.Prof. Zheng Yongnian, director of East Asia Institute of National University of Singapore said, "it is reasonable that China is paying more attention to domestic issues, as China's handling of domestic issues, if properly, is itself a contribution to the international society."The adroit handling of domestic issues is the foundation for China to hold other responsibilities in the international society, " he added.

BEIJING, Feb. 18 (Xinhua) -- China's operational high-speed railways have exceeded 3,300 kilometers, leading the world in both length and technologies, the Ministry of Railways said on its official website Thursday.Last year China finished two high-speed railways between Wuhan-Guangzhou and Zhengzhou-Xi'an, with an operating speed of 350 km/h. Before that, China had built high-speed railways between some of its major cities, including Beijing-Tianjin, Shijiazhuang-Taiyuan, Qingdao-Jinan, Hefei-Wuhan and Hefei-Nanjing.A number of new high-speed railways are being built and will be finished in the coming few years, of which the Beijing-Shanghai line has a length of 1,318 km and a designed travel speed of 350 km/h. Construction of the line started in April 2008 and would finish in around five years. It would cut travel times between the two cities to only five hours from about 12 hours.High-speed trains wait for departure at Guangzhou south railway station in Guangzhou, capital of south China's Guangdong Province, on Jan. 30, 2010. The Asia's biggest railway station came into use on Saturday, the first day of Chinese spring festival transport rush of 2010.China's railway links had expanded to 86,000 kilometers by the end of 2009, the world's second longest only after the United States.Railway passengers topped a record 1.53 billion last year. Cargo transportation hit 3.32 billion tonnes, according to the ministry.Railway investment surged 80 percent to 600 billion yuan in 2009 boosted by the 4-trillion yuan stimulus package. The government has planned a record 823.5 billion yuan for 2010 to extend the network to 90,000 kilometers by the end of this year.