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SINGAPORE, Nov. 12 (Xinhua) -- Chinese President Hu Jintao said here Thursday that China and Singapore should strive to create new opportunities for bilateral cooperation in an effort to achieve economic recovery at an early date. Hu made the remarks during a speech at a reception held by Singapore business circles, which was also attended by Singapore's Deputy Prime Minister Wong Kan Seng. Chinese President Hu Jintao delivers a speech during a reception held by Singapore business circles in Singapore, Nov. 12, 2009.The Chinese president expressed full confidence in the prospect of China-Singapore trade and economic cooperation, calling for the two nations to work together to create an even brighter future for their mutually beneficial cooperation. China and Singapore have maintained close high-level contacts and achieved fruitful cooperation in various fields since they established diplomatic ties in 1990, said Hu, who is on a state visit to Singapore. Singapore has now become an important cooperative partner of China in the ASEAN region and bilateral trade and economic cooperation between the two nations have been growing steadily, the Chinese president said. "China-Singapore cooperation has always been closely connected with the development strategy of both countries and progressed with times," Hu said. The "flagship projects" in bilateral cooperation, including the Suzhou Industrial Park and Tianjin Eco-City projects, have seen remarkable achievements and smooth progress, Hu said. He added that the implementation of a free trade arrangement between China and Singapore has helped raise the level of their economic cooperation. The friendly and mutually beneficial cooperation between China and Singapore has not only brought about substantial benefits to their people, but also helped promote regional peace, stability and prosperity, he stressed. China will staunchly adhere to the path of peaceful development and the opening-up strategy for mutual benefits and win-win situations. It will continue to develop friendly cooperation with countries around the world on the basis of the five principles of peaceful coexistence, the president said. The country will also continue to work with nations globally to strive to build a harmonious world with lasting peace and common prosperity, he said. The business circles of Singapore voiced their belief that a stable and prosperous China would bring benefits to the region and the world as a whole. They also expressed the willingness to continue to play an active role in advancing mutually beneficial cooperation and bilateral ties between Singapore and China. Trade between China and Singapore reached 52.4 billion U.S. dollars in 2008, up 10.5 percent year-on-year. Up until now, Singapore has made investments worth more than 40 billion U.S. dollar in China. It has become one of the top overseas investment destinations for Chinese companies.
NANJING, Nov. 29 (Xinhua) -- China hopes the world's major reserve currency will maintain stable, said Chinese Premier Wen Jiabao here Sunday when meeting with three Euro Group leaders. He was speaking with Euro Group President and Luxembourg Prime Minister Jean-Claude Juncker, European Central Bank President Jean-Claude Trichet and European Union Economic and Monetary Affairs Commissioner Joaquin Almunia ahead of the 12th EU-China summit. China has maintained the stability of the exchange rate of the Renminbi (RMB), making an important contribution to global financial stability and economic development, he said. He said China will continue to enhance the flexibility of the RMB exchange rate, acting on its own initiative and in a controllable and gradual manner, and keep it basically stable at reasonable, balanced levels. Juncker said the EU is willing to strengthen communication and coordination with China on monetary policies.
SHANGHAI, Dec. 4 (Xinhua) -- Canada would like to further economic ties with China, said visiting Canadian Prime Minister Stephen Harper here on Friday. Harper announced the launch of four new trade offices in China by the Canadian government in cooperation with the Canadian Commercial Cooperation at a welcome banquet here Friday night. Canadian Prime Minister Stephen Harper delivers a speech at the Canada-China 100-year-trade banquet in Shanghai, east China, Dec. 4, 2009.Addressing the banquet, Harper said, this announcement is a concrete step Canada is taking toward enhancing and expanding its economic ties with China. The new offices are in addition to the two International Trade Minister Day launched in April, said Harper, adding that "Together, they will enhance our ability to support even more commercial links in exports, investment and innovation between our two countries." According to Harper, since 2005 alone, two-way merchandise trade between the two countries has grown steadily each year by an average of more than 14 percent. During this period, Canadian exports to China have grown by more than 3 billion dollars. The total bilateral trade is now valued at over 53 billion dollars. China is Canada's second largest merchandise trading partner and third largest export market. Canadian Prime Minister Stephen Harper delivers a speech at the Canada-China 100-year-trade banquet in Shanghai, east China, Dec. 4, 2009Harper said, to help growing this relationship, the Canadian government has recently dedicated over a billion dollars into trade infrastructure on the pacific coast--the Asia-Pacific Gateway, which is an integrated system of ports, airports, road and rail connections that link Asia deep into the heart of the North American marketplace. Facing the economic downturn, both Canada and China have been strong contributors to the collective efforts of the G20 to foster a genuine, global recovery, said Harper, noting that both countries need to keep voices strong and united at the G20 table. "I look forward to welcoming President Hu to Canada next year when we host the next meeting of G20." In June 2010, Canada will host the G8 summit in the Muskoka region of central Ontario and also co-host a G20 summit there with the Republic of Korea. Harper also stressed the importance to remove protectionist barriers and ease trade restrictions, saying that pursuing freer trade is the most effective "antidote" to the current crisis. By announcing Canada's second-round funding under the Asia-Pacific Partnership on Clean Development and Climate, Harper vowed to enhance energy cooperation with China. With the second phase of projects, Canada will have invested in twenty-eight clean technology projects worldwide, including fourteen new projects in or of benefit to China, said Harper. The welcome banquet, co-hosted by Canadian Chamber of Commerce in Shanghai and Canada-China Business Council, was held to mark the one hundredth anniversary of the launch of Canada's Trade Commissioner Service in Shanghai.
BEIJING, Nov. 27 (Xinhua) -- Xu Caihou, vice chairman of China's Central Military Commission, met here Friday with the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK). The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Xu Caihou (R), vice chairman of China's Central Military Commission, shakes hands with Om Hajin, head of the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), in Beijing, China, Nov. 27, 2009Xu, who met last week in Beijing with Kim Jong Gak, member of the DPRK National Defense Commission, said the ensemble's visit marked an "important" event for the two sides' military contacts this year. As the two countries celebrated a Friendship Year this year, and saw the 60th anniversary of the establishment of diplomatic ties, Xu said the visit added an emphasis to the whole celebrations for the year. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Among the celebrations, a DPRK's student art troupe visited China in July at the invitation of the Chinese People's Association For Friendship with Foreign Countries Cultural exchanges greatly contributed to the in-depth development of bilateral relations, Xu said. Om Hajin, head of the concerto company, said the DPRK hoped this visit could be conducive to advancing the relationship between the two militaries and countries. Xu Caihou (middle row C), vice chairman of China's Central Military Commission, and members of the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), pose for a group photo, after the performance given by the concerto company, in Beijing, China, Nov. 27, 2009The traditional bilateral friendship, initiated by the older generation of leaders, was the two peoples' common wealth, Om said. The last visit to China paid by the ensemble was in 1991. Recalling that visit, Om told Xinhua they were excited to be on the once-familiar stage in China. The DPRK people paid great attention to the visit, said Om, adding DPRK attached great importance to developing cultural cooperation with China. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China.Together with over 1,000 Chinese officers and soldiers, Xu watched the performance given by the concerto company Friday evening at the China Grand Theater. The nearly-two-hour show consisted of various forms of performances, such as chorus, solo and tap dancing. The anthem of the Chinese People's Liberation Army and renowned Chinese military songs, particularly prepared by the ensemble, were received by warm applause of the audience. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Apart from Beijing, the concerto company will also visit Shenyang Military Area Command in northeastern China, and it is due to wrap up the visit on Dec. 5. DPRK's top leader Kim Jong Il met with Chinese Defense Minister Liang Guanglie in Pyongyang on Wednesday, while Liang said the Chinese government was unshakable in its commitment to consolidate and develop the cooperative relations of the two countries. Chinese Premier Wen Jiabao paid an official goodwill visit to the DPRK from Oct. 4 to Oct. 6.
BEIJING, Dec. 11 (Xinhua) -- Chinese President Hu Jintao Friday highly praised the achievement of the Macao Special Administrative Region (SAR) over the past decade, ahead of the 10th anniversary of the region's return to the motherland. Hu, also general secretary of the Communist Party of China (CPC) Central Committee, said Macao was "embracing a bright future" thanks to the mainland's support and Macao compatriots' hard work. Hu made the remarks while attending an exhibition in Beijing marking Macao's achievements in the past 10 years. "Macao has undergone an extraordinary development over the past decade," he said, adding under the support of the central government and the Chinese mainland, the SAR government fully implemented the policies of "one country, two systems", "Macao people governing Macao" with a high degree of autonomy and the Basic Law. Chinese President Hu Jintao (2nd R) visits the exhibition of achievements made by Macao Special Administrative Region in the decade since its establishment on Dec. 20, 1999, at the Capital Museum in Beijing, capital of China, on Dec. 11, 2009. The "one country, two systems" concept was proposed by former Chinese leader Deng Xiaoping in the early 1980s for the reunification of China. Under the mechanism, Hong Kong and Macao retained their capitalist systems after returning to the motherland. Hu said the SAR government, together with Macao residents, overcame various difficulties and challenges to advance economic development, ensure social stability and improve people's livelihood. He encouraged Macao compatriots and the SAR government to strive for the region's better prospect. Dec. 20 will mark the 10th anniversary of Macao's return. Top legislator Wu Bangguo, Premier Wen Jiabao, top political advisor Jia Qinglin, and other senior leaders Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, all Standing Committee members of the Political Bureau of CPC Central Committee, visited the exhibition. On Friday morning, Vice President Xi attended the opening ceremony and unveiled the exhibition. At the ceremony, Edmund Ho Hau Wah, chief executive of Macao SAR, thanked the central government for its support to the SAR since Macao's return in 1999 from Portuguese rule. This exhibition of photos, texts and other items is open to the public from Saturday to Jan. 13 next year.