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BEIJING, Nov. 5 (Xinhua) -- The vice foreign minister on Thursday hailed Vice Premier Li Keqiang's official visit to Australia, New Zealand and Papua New Guinea as "very fruitful," calling it a major diplomatic activity of China with the South Pacific region. Li's official visit to the three countries from Oct. 29 to Nov.5 was of great significance to the development of friendly cooperative relations between China and the three nations, He Yafei said. CONSOLIDATING POLITICAL BASIS OF BILATERAL TIES He said that, during the visit, Li met with Australian Prime Minister Kevin Rudd and Deputy Prime Minister Julia Gillard, and they reached important consensus on the development of China-Australia ties. Both sides agreed to view their relationship from a strategic and long-term perspective because the importance of China-Australia cooperation is becoming increasingly prominent. They also agreed to respect and take into full consideration the core interests and major concerns of each country, properly handle sensitive issues and strive to promote sound, steady growth of bilateral relations, He said. Australia reiterated its respect for China's sovereignty and territorial integrity, and a joint statement was released by China and Australia to strengthen their practical cooperation for mutual benefits. During his visit to New Zealand, Li met with Prime Minister John Key and Deputy Prime Minister Bill English. They stressed the strategic significance of developing bilateral ties in an active and comprehensive manner and strengthening pragmatic cooperation in various fields. The New Zealand leaders reiterated that they respected China's stance on issues concerning China's core interests such as Taiwan, Tibet and Xinjiang. During his visit to Papua New Guinea, Li held talks with Governor General Paulias Matane, Prime Minister Michael Thomas Somare and Deputy Prime Minister Puka Temu. They pledged to consolidate the traditional friendship between the two countries, promote bilateral cooperation and support each other to advance their relationship. The leaders of Papua New Guinea reiterated their staunch adherence to the one-China policy. PROMOTING MUTUALLY BENEFICIAL TRADE & ECONOMIC COOPERATION Li and leaders of the three nations stressed that their economies were highly complementary, and deepening mutually beneficial trade and economic cooperation was in line with the fundamental interests of both sides. They agreed to adopt a strategic approach in their trade and economic cooperation, pledging to actively expand cooperation in technology, new energy, bio-medicine, and environmental protection while promoting cooperation in traditional areas such as energy, mineral resources and agriculture. Australia expressed willingness to become China's strategic partner in the areas of resources and energy. Both sides agreed to promote the negotiation process of the Free Trade Agreement based upon the principle of positive cooperation, pragmatism, balance and mutual benefits. During Li's visit, the two countries signed two cooperation agreements in telecommunications. Before and during Li's visit, Australiat approved the application by China's Yanzhou Coal Mining Co., Ltd to acquire full ownership of Felix Resources Ltd. Australia also approved China's Baosteel Group's second-version application for investing 285 million Australian dollars to acquire a 15-percent stake in Aquila Resources, an Australian coal and iron ore producer. During his visit, Li and New Zealand leaders agreed to continue to implement the free trade pact between the two countries, and to expand the scale of cooperation in trade and economy. The two countries signed a series of cooperation agreements on food security, inspection and quarantine and Chinese workers seeking temporary jobs in the island nation. The leaders of Papua New Guinea said they were willing to advance cooperation with China in some traditional areas such as agriculture, forestry and fishery as well as in energy and resources. During Li's visit, the two countries signed agreements on economic and technological cooperation as well as on preferential loans. ENHANCING CULTURAL EXCHANGES Li also reached consensus with leaders from the three nations on further enhancing friendly cultural exchanges and cooperation and promoting people-to-people links in such fields as education, culture and tourism. The Chinese delegation endorsed plans with the Australian side for the Year of Australian culture in China in 2010-2011 and the Year of Chinese Culture in Australia in 2011-2012. Li also said that China would provide a pair of giant pandas to Australia within the year for research purposes. China signed MOUs with Australia and New Zealand on education and cooperative training programs during Li's visits, and also established a Confucius Institute with Canterbury University in New Zealand. The Chinese leader also pledged assistance to the three nations in their participation in Shanghai World Expo in 2010. PROMOTING MULTILATERAL COOPERATION All three nations spoke highly of China's positive efforts and constructive role in dealing with major issues such as the global financial crisis and climate change. Li agreed with the leaders from Australia, New Zealand and Papua New Guinea to further promote negotiation, coordination and cooperation in coping with major issues and in multilateral organizations such as the United Nations and the Asia-Pacific Economic Cooperation. DEEPENING UNDERSTANDING OF CHINA In his speech to Australian industrial and business leaders, Li made a comprehensive introduction of China's stand and achievement in countering the global financial crisis. He made clear China's sticking to a path of peaceful development and its adherence to a strategy of opening up that is mutually beneficial. Li also advanced a three-point proposal on consolidating the China-Australia relationship, which included observing China-Australia relations from a strategic perspective, promoting pragmatic bilateral cooperation in trade and the economy based upon the two countries' complementary strengths, and advancing cultural exchanges in a harmonious and friendly fashion. The Chinese leader also conducted extensive exchanges with government leaders, managers from enterprises, institutions of higher education, research bodies and media during his visit. According to He, Li's visit to Papua New Guinea was a show of China's positive attitude toward strengthening relations with Pacific island nations. China and the Pacific island nations share many common interests and are firm supporters of each other in various major global and regional issues and in international organizations such as the U.N., He said. China's relations with the Pacific island nations have developed rapidly in recent years, and constitute an important part of China's relationship with other developing countries, He said, adding that two-way trade volume reached 1.76 billion U.S. dollars in 2008. He said China has been providing a series of economic and technical assistance to countries having established diplomatic relations with China in the region. China has helped them in infrastructure construction, sent professionals to the region to help develop their economy and carried out numerous training programs, He said. All those efforts are strong proof that the development of the relationship between China and the Pacific island nations is beneficial to all and has a promising future, He said.
BEIJING, Dec. 22 (Xinhua) -- Chinese Vice President Xi Jinping's visits to Japan, South Korea, Myanmar and Cambodia consolidated friendly relations, enhanced mutual trust and promoted practical cooperation with the countries, the vice foreign minister said Tuesday. Xi was the first Chinese state leader to visit Japan since the new Japanese government led by Prime Minister Yukio Hatoyama took office in September, said Wu Dawei. Chinese Vice President Xi Jinping (L) shakes hands with Japanese Prime Minister Yukio Hatoyama in Tokyo, Japan, Dec. 14, 2009. Xi highlighted the great importance the Chinese government has attached to its ties with Japan, saying both sides should continue efforts to enhance the friendly links between the two countries. Xi called on both sides to work together to further the China-Japan strategic and mutually beneficial relationship in a bid to realize their peaceful co-existence and long-term friendliness. During the visit to Seoul, Xi said China and South Korea should strive to deepen their strategic and cooperative partnership under the new situation. Chinese Vice President Xi Jinping (1st, L) meets with South Korean President Lee Myung-bak (1st, R) in Seoul, the Republic of Korea (ROK), Dec. 17, 2009When meeting with leaders of Myanmar and Cambodia, Xi stressed that it has been a fixed policy of the Chinese government to develop relations with the two countries no matter how the world situation might change. Xi has focused his visits on efforts to push for a practical cooperation with the four Asian nations, as well as on more exchanges on low-carbon and high technology and circular economy. The vice president called for more cooperation between China and Japan in confronting the international financial crisis. Efforts also should be made to deepen their cooperation in new energy, new material and information technologies in bids to enhance the level of the China-Japan trade links, he said. Visiting Chinese Vice President Xi Jinping (L) meets with Than Shwe, chairman of Myanmar's State Peace and Development Council, in Nay Pyi Taw, Myanmar, Dec. 20, 2009.Noting Japan's advancement in environmental protection and technology, Xi said there exists a huge potential for the two countries to expand their cooperation in such areas. Japanese businessmen and officials hoped China's good economic momentum could last as the country is turning from a "world manufacturer" to "world market." China's development would bear on the Japanese economic recovery. Emphasizing the mutually beneficial relations between China and South Korea, South Korean businessmen expressed a readiness to deepen cooperation with China as it provides a huge market for South Korea's development. Visiting Chinese Vice President Xi Jinping (R) and Cambodian Prime Minister Hun Sen (L) review the guard of honor during a welcoming ceremony in Phnom Penh, Cambodia, Dec. 21, 2009. In meeting with the foreign leaders, the vice president elaborated on China's accomplishments over the past sixty years since the birth of the People's Republic of China. He also spoke of the difficulties facing China's economic and social development. Xi said China would follow the path of sustainable development under the guidance of the scientific outlook on development. Speaking of China's measures against the global financial crisis and its effects, Xi said China is willing to work with the international community to deal with the adverse impact of the crisis. The vice president said China will adhere to the policy of building friendship and partnerships with neighboring countries and continue its path of peaceful development. China's development serves as an opportunity instead of a threat, Xi said. China would keep on building a harmonious society domestically while committing to constructing a harmonious Asia and world. Promoting exchanges among various cultures is one of the most notable features of the vice president's visits. In Tokyo, he attended the opening ceremony of the China Culture Center. In addition, before the end of the visit, he inaugurated the first Confucius Institute in Cambodia. Tightly scheduled, Xi's four-nation tour was fruitful and influential, Wu concluded
BEIJING, Dec. 27 (Xinhua) -- China will maintain its pro-active fiscal policy and moderately loose monetary policy to buoy the economy in 2010 as many uncertainties persisted at home and abroad, Chinese Premier Wen Jiabao said Sunday. Averting the trend of falling global demand remained difficult, Wen said in an exclusive interview with Xinhua. "Economies of some countries are starting to pick up, but fluctuations are still possible," Wen said. "China's economy has been on track for recovery. However, the economic performance and operations of enterprises still mainly rely on support from government's policies," Wen said. "A consolidated recovery in the country's economy does not point to a complete revival and a full revival does not mean China's economy is developing in a sustainable way," Wen said. Chinese Premier Wen Jiabao smiles during an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009 "To withdraw macro-economic policies too early will likely ruin the efforts made before and reverse economic development," Wen said. The government would maintain the stability and continuity of macro-economic policies while comprehensively watching the domestic and foreign economic situations, Wen said. The State Council, or the Cabinet, announced on Nov. 5, 2008, that the government would shift the fiscal policy from "prudent to pro-active" and the monetary policy from "tight to moderately loose" to stimulate the economy by expanding domestic demand to offset a slump in exports. The Cabinet also unveiled a 4-trillion-yuan (585.6 billion U.S. dollars) stimulus package the same day. "We have stabilized economic growth and employment and maintained social stability over the past year," Wen said. "The government's economic stimulus package has proved effective." China's economy grew 8.9 percent in the third quarter, the fastest rate in a year, after expanding by 7.9 percent in the second quarter and 6.1 percent in the first three months, boosted by the massive government investment and record bank lending. The People's Bank of China, the central bank, scrapped lending limits of commercial banks in November last year. In the first 11 months of this year, new bank loans hit 9.21 trillion yuan, an increase of 5.06 trillion yuan over the same period last year, far exceeding the full year target of 5 trillion yuan the government set in March. The government pledged at the Central Economic Work Conference earlier this month that it would stick to the pro-active fiscal policy and moderately loose monetary policy in 2010 to sustain a recovery backed by the stimulus package. The government would adjust macro-economic policies in line with the changing economic situation and study issues arising during implementation of such policies, Wen said. China would gear more investment to social welfare, technical innovation and energy conservation and emission cuts next year, Wen said.