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SEOUL, May 28 (Xinhua) -- Seeking to increase cooperation and good neighborliness with South Korea, Chinese Premier Wen Jiabao on Friday started his three-day official visit to the country.TO SPEED UP ESTABLISHMENT OF FTAA key issue during the visit is to speed up the establishment of the free trade area (FTA) between the two nations.During a meeting with South Korean President Lee Myung-bak, the Chinese premier said that the FTA negotiations between China and South Korea could be launched later this year or early next year upon the completion of a feasibility study."When the joint feasibility study by the governments as well as industrial and academic circles is successfully completed, the two countries can inaugurate negotiations on the China-South Korea FTA in the second half of this year or the first half of next year," said Wen.Chinese Premier Wen Jiabao (L) shakes hands with South Korean President Lee Myung-bak during their meeting in Seoul May 28, 2010. Wen arrived in Seoul earlier Friday on his official visit to South Korea.After their talks, Wen and Lee also witnessed the signing of a series of cooperative documents, including a Memorandum of Understanding about the feasibility study of the China-South Korea free trade agreement.Earlier, Lee hosted a welcome ceremony for Wen's visit, and they held formal talks following more than one-hour smaller-group discussions.Wen highlighted the sound development of China-South Korea trade ties, urging the two countries to make joint efforts to overcome difficulties caused by the global financial crisis and promote bilateral cooperation to a new level.China and South Korea should strive to make bilateral trade volume meet the target of 200 billion U.S. dollars by 2012 and 300 billion U.S. dollars by 2015, said Wen.Wen also suggested that the two countries materialize mid- and long-term trade cooperation guidelines and explore new trade cooperative fields, deepen cooperation in areas like high technology and circular economy, combat trade protectionism, expand cultural and youth exchanges, step up coordination within the framework of the Group of 20 (G20) and promote reform of the international economic governance system to make it fairer and more rational."China supports South Korea's efforts for hosting the G20 summit in the second half of this year," said Wen.Wen and Lee agreed to further promote China-South Korea relations of strategic cooperation and partnership, which was established in 2008.China and South Korea, both important countries in East Asia, have extensive common interests, and China attaches importance to its relations with South Korea, hoping the two countries could enhance communication and cooperation in a bid to benefit the two peoples and promote peace and stability in the region, Wen said.The two countries have kept close cooperation in the process of tackling the global financial crisis and safeguarded common interests, Wen said.President Lee said South Korea and China are both engaged in the development of relations of strategic cooperation and partnership, and that cooperation between the two countries has registered rapid progress in various fields.The two countries, which have worked together to deal with the financial crisis and oppose trade protectionism, are maintaining the momentum of bilateral trade growth and are making important contribution to world's economic recovery, said Lee.He said South Korea is willing to work with China to keep high-level exchange and political dialogue, further improve bilateral trade, quicken FTA construction, and enhance cooperation in such areas as clean energy, environmental protection and the development of green economy.Lee said South Korea will coordinate with China in multilateral mechanisms like the G20.

BEIJING, May 25 (Xinhua) -- China on Tuesday again urged all parties involved in the dispute over the sinking of the Republic of Korean (ROK) "Cheonan" warship, to exercise calmness and restraint and properly address related problems so as to avoid an escalation of tension.China has noted the investigation results released by the ROK and the response of all concerned parties, Foreign Ministry spokeswoman Jiang Yu said at a regular press briefing."China considers that international and regional matters should be handled in an objective and fair manner and based on facts," said Jiang."Under current circumstance, any measure taken by any side should be conducive to peace and stability of the Korean Peninsula, not to the contrary," she said.Jiang said China has always been committed to maintaining stability in Northeast Asia and the Korean Peninsula, promoting the six-party talks and denuclearization of the Peninsula."It is better to have dialogue rather than engaging in confrontation, and an eased situation is better than tension," she said.To safeguard peace and stability of the Korean Peninsula and Northeast Asia is in the common interests of all parties and is a shared responsibility of all countries in the region."China is resolutely against any behavior which is in violation of peace and stability in Northeast Asia," she said.

BOAO, Hainan, April 10 (Xinhua) -- World politicians and entrepreneurs attending the annual Boao Forum for Asia (BFA) Saturday called to prevent trade protectionism from posing a real threat to the fragile global economic recovery.The worst financial crisis since 1930s plunged the world economy into downturn last year, the first time since the Second World War. But many economies are recovering at unexpectedly quicker rates as massive fiscal stimulus has paid off.The world economy was in a recovery, but the global demand was still worryingly weak, Yi Xiaozhun, China's deputy commerce minister, said at the BFA meeting in Boao in south China's island province of Hainan.Many signs also showed a rise of trade protectionism as more and more countries took protectionist measures, Yi said.Former Chinese Vice Premier Zeng Peiyan said the once strong support for international cooperation appeared to be eroding as the financial crisis subsides, which is "even more worrying."Some nations were verbally against protectionism, but they in fact imposed anti-dumping or anti-subsidy measures and made a fuss about exchange rate problems, Zeng wrote in the BFA official publication.Up to 250 anti-dumping complaints were raised last year, 20 percent more than a year earlier, and 41 anti-subsidies complaints, up 193 percent year-on-year, according to the World Trade Organization (WTO).China has become the biggest victim of trade protectionism, according to the U.K.-based Center for Economic Policy Research. A total of 61 trading partners had taken 160 trade protectionist measures against the world's third-largest economy between November 2008 and January 2010, Further 111 protectionist measures are in the pipeline.But China organized buying sprees to Europe and the United States amid the financial crisis, quite a stark contrast to the rising trade protectionism.Furthermore, China posted 7.24 billion U.S. dollars of trade deficit in March, the first monthly deficit in six years, the General Administration of Customs said Saturday.Long Yongtu, BFA's secretary-general, told Xinhua that the post-crisis period needed more unity and cooperation, but trade protectionism damaged the basis for unity and sent a wrong signal.Victor Fung, Chairman of the International Chamber of Commerce, said that if the countries resort to protectionism, the economic recovery, already weak due to relatively high unemployment, would be further left in peril.The Group of 20 would continue to stay vigilant against trade protectionism as the global economy faced uncertainties on the road to recovery with high unemployment rate this year, according to a WTO report released in early March.Fung said most importantly nation leaders should be told not to abuse protectionism and to avoid trade frictions."The global economy would record solid recovery if no more protectionist measures were taken in the coming 12 months," he said.The promotion of Doha round of trade talks, stalled for years over differences in agricultural and services sectors, was an effective tool to curb all kinds of protectionism, Fung said."Free trade is very important to global economic recovery," said Yi. He added that the Doha round, if completed, would help create a large number of jobs and guarantee global economic recovery.Goh Chok Tong, Senior Minister and former Prime Minister of Singapore,also called to guard against trade protectionism under the green and environmental protection labels.The developed countries should help developing countries to upgrade technology rather than abusing protectionism, Goh said."We should work together to resist all kinds of trade protectionism, otherwise there will be no economic recovery and growth," Yi said.The three-day conference, under the theme of "Green Recovery: Asia's Realistic Choice for Sustainable Growth," will conclude on Sunday.The forum is committed to promoting regional economic integration and bringing Asian countries even closer to their development goals. It attracted around 2,000 political and business heavyweights and experts from Asia and around the world.

CHENGDU, May 24 (Xinhua) -- Top legislator Wu Bangguo has told authorities in Sichuan Province that post-quake reconstruction should continue to be the top priority.Wu, chairman of the National People's Congress Standing Committee, made the remarks when visiting the quake zone in southwest China from May 20 to 24. The 8-magnitude quake on May 12, 2008, has left more than 80,000 people dead or missing."Restoration and reconstruction in the quake zone must continue to be on top of Sichuan's economic and social development agenda," Wu said.Wu Bangguo (L), Chairman of the National People's Congress (NPC) Standing Committee, visits local people of Qiang ethnic group in Dongjienao village of Wenchuan County of southwest China's Sichuan Province during an inspection tour of the quake-hit areas in Sichuan, May 21, 2010.He said efforts should be made to build the quake zone into a new economic growth engine, as well as a model of the changing development pattern and model for low-carbon usage.Visiting rebuilt communities, schools and factories, Wu told local authorities to ensure the quality and safety of reconstruction projects and stressed the supervision of reconstruction funds.Permanent residential houses for more than 5.3 million households have been rebuilt since the quake, as well as 86 percent of the schools.He also said governments in the quake-hit areas should work closely with development partner provinces and cities, and accelerate industrial upgrading.

BEIJING, April 4 (Xinhua) -- China's top political advisor Jia Qinglin met visiting Thai Princess Maha Chakri Sirindhom in Beijing Sunday.Jia, chairman of the Chinese People's Political Consultative Conference National Committee, hailed the friendship between the two countries and the development of bilateral ties since diplomatic relations were forged in 1975.During the 40-min meeting in the Great Hall of the People, Sirindhom spoke highly of China's economic and social development, pledging to further promote bilateral ties.In a separate meeting with Sirindhom Sunday evening, Chinese State Councilor Liu Yandong thanked Sirindhom for her donation of 10 million yuan (1.5 million U.S. dollars), which was used to rebuild an elementary school in earthquake-hit Sichuan Province. Jia Qinglin(R),chairman of the National Committee of the Chinese People's Political Consultative Conference,meets with Thai Princess Maha Chakri Sirindhom in Beijing,capital of China,April 4,2010 0.Sirindhom is expected to attend the inauguration of the school after her stay in Beijing.Since 1981, Sirindhom has visited China for more than 30 times. She is also interested in Chinese language and culture, and, in December last year, was named among the top 10 international friends who "made exceptional contributions" to China over the past 100 years.