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MOSCOW, March 24 (Xinhua) -- The Chinese government will firmly adhere to the policy of developing a strategic partnership of cooperation with Russia, said visiting Chinese Vice President Xi Jinping here on Wednesday.Meeting with Russian President Dmitry Medvedev on Wednesday, Xi said China is ready to continuously enhance mutual political trust and advance pragmatic cooperation with Russia, safeguard the collective interest of both countries, and help promote world peace and stability.Last year witnessed the celebration of the 60th anniversary of diplomatic ties between China and Russia, as well as the hosting of the "Year of Russian language" in China, which brought about new breakthroughs in the Sino-Russian strategic partnership of cooperation, Xi noted. Visiting Chinese Vice President Xi Jinping (R) shakes hands with Russian President Dmitry Medvedev during their meeting in Moscow, Russia, March 24, 2010Despite some impact on bilateral trade by the global economic crisis, the quality of bilateral economic cooperation has improved, with trade structure optimized and significant progress achieved in energy sector cooperation, he added."The close interaction and coordination in international and regional affairs between the two countries, the proper handling of common challenges in the complex international situation, and the efficient collaboration on major global and regional issues have safeguarded our collective interest and played an important role in promoting world peace and development," said Xi.After 60 years of development, the relationship between China and Russia now stands at a new historical starting point, said the Chinese leader.This year the two countries will have frequent high-level exchanges, with their leaders holding a series of bilateral and multilateral talks on several important occasions, he said.He expressed belief that such frequent interactions will definitely help further enhance mutual political trust and consolidate the strategic partnership of cooperation.Medvedev, for his part, thanked his Chinese counterpart Hu Jintao for inviting some 1,000 Russian youngsters to Chinese summer camps this year.Russia was satisfied with the current development of the Russia- China strategic partnership of cooperation, said Medvedev, who also spoke highly of Xi's visit to the frontier regions of Russia and presence at the opening ceremony of the "Year of Chinese Language" in Russia.Xi's visit has demonstrated China's political will to strengthen regional cooperation and cultural exchange with Russia, and will sure help promote the development of bilateral relations, said the Russian leader.Russia hopes to expand cooperation with China under new circumstances, and the two countries should enhance coordination in global and regional affairs, jointly promoting diplomatic solutions to hotspot issues, said Medvedev.Xi, who arrived in Belarus later on Wednesday, is on a 12-day, four-nation tour that will also take him to Finland and Sweden.
BEIJING, Jan. 24 (Xinhua) -- A 40-member Chinese medical care and epidemic prevention team left here for Haiti on Sunday afternoon on a chartered flight, which also carried 20 tonnes of medical supplies, said the Ministry of Commerce (MOC).The MOC said earlier in the day that China had decided to provide medical supplies worth 18 million yuan (2.64 million U.S. dollars) in additional aid to quake-ravaged Haiti.The 20-tonne medical supplies included medicines, hygiene equipment, medical devices and camping equipment, said the ministry in a statement.Also onboard the plane would be four Chinese peace-keeping police officers, replacing the four who were killed in the earthquake. China maintains a 125-member peacekeeping force in Haiti. Members of Chinese medical care and epidemic prevention team wave before they board a plane to Haiti, in Beijing, capital of China, on Jan. 24, 2010. A 40-member Chinese medical care and epidemic prevention team left here for Haiti on Sunday afternoon on a chartered flight, which also carried 20 tonnes of medical suppliesThe chartered flight was expected to arrive at Haiti's capital Port-au-Prince at 3 p.m. Monday local time.The MOC statement also said the 40 medical personnel came from China's military medical system and 70 percent of them had participated in previous UN peacekeeping missions.Many of them had been involved in the massive rescue mission after the deadly 8.0-magnitude Wenchuan earthquake on May 12, 2008, which left about 87,000 people dead or missing, it said.At the departure ceremony, Qian Lihua, director of the Ministry of Defense's foreign affairs office, said China was carrying out its responsibility as a UN Security Council member to help the Haitian people with concrete actions. Medical supplies are loaded to a chartered plane bound to Haiti, in Beijing, capital of China, on Jan. 24, 2010. A 40-member Chinese medical care and epidemic prevention team left here for Haiti on Sunday afternoon on a chartered flight, which also carried 20 tonnes of medical supplies.Qian said he expected the Chinese medical team to accomplish the mission in a professional manner by helping the Haitian people ward off threat of post-quake epidemic and reconstruct their homeland.According to the MOC, with the 18 million yuan of additional aid, China has so far provided humanitarian aid worth 48 million yuan in materials and other supplies to Haiti, in addition to 3.6 million U.S. dollars in cash to the Caribbean country.Apart from Sunday's delivery of medical aid, China had already provided several other major aids to Haiti, which was hit by a 7.3-magnitude earthquake on Jan. 12 local time.On Jan. 13, the Red Cross Society of China announced 1 million U.S. dollars in emergency aid to Haiti.On Jan. 15, the Chinese government announced its decision to provide 30 million yuan worth of humanitarian emergency supplies to Haiti.On Jan. 21, China's deputy permanent representative to the UN Liu Zhenmin said China would contribute additional 2.6 million U.S. dollars in cash to Haiti. Members of Chinese medical care and epidemic prevention team display their flag before they board a plane to Haiti, in Beijing, capital of China, on Jan. 24, 2010. A 40-member Chinese medical care and epidemic prevention team left here for Haiti on Sunday afternoon on a chartered flight, which also carried 20 tonnes of medical supplies.
BEIJING, March 2 (Xinhua) -- A senior public security official of China on Tuesday urged relevant departments and local authorities to do a good job in ensuring security and maintaining stability as the annual national parliamentary and advisory sessions approach.All local authorities and relevant departments should make further efforts to ensure the meetings of the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) go on safely and smoothly, Yang Huanning, administrative vice minister of public security, said at a national teleconference."The task of ensuring security and maintaining stability during the two sessions remains onerous" despite previous efforts in this regard, said Yang."We should keep clear-minded and never lower our guard," Yang warned.He urged local officials to do more work in dissolving social conflicts and try to root up troubles that may disturb stability.The vice minister also ordered to minimize the inconvenience that security measures might cause to people's life and work.Incidents that might disturb social stability and threaten security should be handled properly and strictly according to the law, Yang warned.Huang Ming, vice minister of public security, demanded at the same meeting emergencies and breaking events be dealt with promptly and properly.The annual full session of the CPPCC National Committee, the top advisory body, is slated to open Wednesday afternoon, while that of the NPC, the national legislature, is scheduled to open Friday.
BEIJING, Jan. 27 (Xinhua) -- China is scheduled to issue 26 billion yuan (3.82 billion U.S. dollars) of book-entry treasury bonds from Jan. 28, the Ministry of Finance (MOF) announced Wednesday.The two-year bonds, the first batch of treasury bonds this year, will be issued on the national inter-bank bond market and securities exchange market on Jan. 28 and Jan. 29, the MOF said in a statement on its website.The bonds have a fixed annual interest rate of 2.01 percent and will be available for trading from Feb. 2. Interest will be paid annually. The principal will be paid upon maturity on Jan. 28, 2012.
LONDON, March 14 (Xinhua) -- China's efforts of switching economic growth pattern would help to make an overall more stable world economy, said John Hawksworth, head of macroeconomics of PriceWaterhouseCoopers (PWC), one of the world's four largest accounting firms.He told Xinhua in a recent interview that this would also ultimately be good for China in the long term. There will be a reduction in the global trade imbalances in the long run with China's efforts of shifting economic growth pattern.China's adjustment important for world economyHawksworth said that China plays its part in making these adjustments, which is important for the long-term stability of the world economy. That is because China is a very important player, the world's biggest economy after the United State.Meanwhile, he emphasized that other economies should also make adjustments and play their parts for the world economy.He said that the United States need to control its high level of government borrowing. The same applies to European countries with high levels of borrowing."So all the main economies need to adjust and China is an very important element in the overall adjustment process," said Hawksworth.He was optimistic about the prospects for China in the efforts of shifting its economic growth pattern."It will remain a very strong growing economy and I'm optimistic that it will meet challenges and will continue to increase its relative importance in the world economy over the next 10 or 20 years," he said.Long-term process for China to shift economic growth patternWith regards to the main reasons for China to shift its economic growth pattern, Hawksworth said that in the long run China wants to promote consumer spending as a big driver of growth.China has been quite reliant on exports and investment in the past, he said. "Ultimately as China becomes a bigger part of the world economy, it can't continue to grow exports as fast as before. Also opportunities for more and more investment will be increasing. ""In the long run, you'll be better if more of China's growth would be dependent on consumer spending," he said.However, he said that China can not suddenly switch to consumer spending. "It has to be a long-term process and would also depend on other types of policies."For example, he said providing better healthcare provision at the moment is quite important because Chinese households are concerned about their future health care and therefore don't like to spend money.He also said that it might be encouraged by gradual move towards an increase in the Chinese exchange rate which would tend to reduce the price of imports and therefore boost consumption and boost the household spending power."It is a combination of policies which can't be done overnight, there has to be a long-term process over 10 years or more to gradually take effect," said Hawksworth.Short- and long-term challenges for ChinaAt the same time, Hawksworth said China is facing some short- and long-term challenges in the process of shifting its economic growth pattern.As for the short-term challenges, he said that China has obviously put a lot of emphasis on government spending and investment to stimulate the economy during the global financial crisis."Although that has been quite successful, it may also have led to some dangers of an overheating with increases in property prices and asset prices," he warned.He said that is a short-term problem which really requires a gradual tightening of monetary policy. Some restrictions on bank lending are also needed to avoid this asset price bubble getting out of control.In his view, the long-term challenge is about moving towards an economy that is more driven by household spending."This is partly about encouraging households to feel more confident about the future, about providing better healthcare from the state or better pensions to the households," he said.