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BEIJING, Nov. 5 (Xinhua) -- The quota shift, or the voting power redistribution of the International Monetary Fund (IMF), is just the start of IMF reform, a senior Chinese foreign affairs official said here Friday."G-20 leaders have pleged that progress should be made in terms of IMF quota reform prior to the Seoul summit, and now we will honor the commitment," said Chinese Vice Foreign Minister Cui Tiankai at a news briefing on China's outlook for the G20 summit in Seoul next week.At a G-20 finance ministers' meeting held last month, participants agreed to shift six percent of the IMF quota to emerging or under-represented countries such as China, India and Brazil, from developed economies."This is obvious progress," Cui commented on the proposal forged at the minister-level meeting, adding that the Chinese side hoped the IMF's board would agree on the quota transfer."China is one of the under-represented countries and it's rational and sensible to give China more quota," said the vice foreign minister.China would not try to maximize its own interests, but seek an all-win situation with other emerging economies and other IMF members, Cui added.Cui said the quota shift was far from the end of the IMF reform and he looked forward to more changes to the financial institution."This is not the end, not even the beginning of the end, but the end of the beginning," Cui said.Many countries have said that the way to calculate the quota itself needs to be reformed, as well as the IMF governance structure.

MUSCAT, Nov. 5 (Xinhua) -- A top Chinese delegation will sign agreements on two-way investment and personnel training with Oman amid efforts to deepen the cooperation between China and the Gulf oil-rich Sultanate, Chinese ambassador to Oman Pan Weifang said Friday.Jia Qinglin, China's top political advisor, will pay a three- day good-will visit to Oman starting from Saturday. This is a visit of the highest level in 11 years in the history of bilateral relations, ambassador Pan told Xinhua ahead of the visit.The delegation will meet Omani Sultan Qabus bin Said al-Said, deputy prime minister and other ministers and sign the important agreements during the visit, he said."I am very pleased to see that the senior Chinese leader will meet with His Majesty Sultan Qabus as the friendly Omani people are celebrating the 40th National Day," Pan said. "I believe Jia's visit will be another milestone in promoting the friendly cooperation, which has been valued in the long traditions of each country."An agreement will also be signed to build a monument for Zheng He, China's ancient seafaring hero whose fleets arrived in Oman for four times and visited Oman's southern area of Dhofar about 600 years ago.The voyage witnessed large amount of goods exchanges, such as china, silk and tea from China to Oman and frankincense, dates and Arabian horses from Oman to China.Nowadays, as the Sultanate's largest trade partner, China is ready to contribute to Omani government's drive to diversify the sources of revenue, 70 percent of which derives from oil and gas.Amid efforts for economic multi-polarization, Oman will develop non-oil sectors including infrastructure, renewable energies, tourism and finance, Pan said. "China and Oman will become essential partners in these fields.""Oman's free trade zones in Sohar, Salalah and Duqm will also attract and facilitate China's investment in Oman," he added.Recently, Chinese companies participated in the construction of a one-billion-U.S. dollar power plant project in the southern Salalah, which will begin generating electricity in 2012. As more Chinese investors are willing to start their businesses, the Bank of China opened a "China desk" in Bank Muscat, Oman's largest lender, to finance infrastructure projects.Chinese travel agencies are keen to develop tourist routes in the Sultanate, which is very rich with spectacular landscapes, archaeological sites and historical monuments, Pan said, adding that an agreement was signed to encourage tourism between Oman and China.About 5,000 Omani people go to China to do business and travel every year. During the Shanghai Expo, more than 10 ministers of Omani government went to China for a visit. "All these mirror the strong tie between the two countries," Pan noted.China is the largest buyer of Oman's crude oil. The bilateral trade reached 7.1 billion U.S. dollars in the first eight months this year, a 60 percent year-on-year increase.

MUSCAT, Nov. 5 (Xinhua) -- A top Chinese delegation will sign agreements on two-way investment and personnel training with Oman amid efforts to deepen the cooperation between China and the Gulf oil-rich Sultanate, Chinese ambassador to Oman Pan Weifang said Friday.Jia Qinglin, China's top political advisor, will pay a three- day good-will visit to Oman starting from Saturday. This is a visit of the highest level in 11 years in the history of bilateral relations, ambassador Pan told Xinhua ahead of the visit.The delegation will meet Omani Sultan Qabus bin Said al-Said, deputy prime minister and other ministers and sign the important agreements during the visit, he said."I am very pleased to see that the senior Chinese leader will meet with His Majesty Sultan Qabus as the friendly Omani people are celebrating the 40th National Day," Pan said. "I believe Jia's visit will be another milestone in promoting the friendly cooperation, which has been valued in the long traditions of each country."An agreement will also be signed to build a monument for Zheng He, China's ancient seafaring hero whose fleets arrived in Oman for four times and visited Oman's southern area of Dhofar about 600 years ago.The voyage witnessed large amount of goods exchanges, such as china, silk and tea from China to Oman and frankincense, dates and Arabian horses from Oman to China.Nowadays, as the Sultanate's largest trade partner, China is ready to contribute to Omani government's drive to diversify the sources of revenue, 70 percent of which derives from oil and gas.Amid efforts for economic multi-polarization, Oman will develop non-oil sectors including infrastructure, renewable energies, tourism and finance, Pan said. "China and Oman will become essential partners in these fields.""Oman's free trade zones in Sohar, Salalah and Duqm will also attract and facilitate China's investment in Oman," he added.Recently, Chinese companies participated in the construction of a one-billion-U.S. dollar power plant project in the southern Salalah, which will begin generating electricity in 2012. As more Chinese investors are willing to start their businesses, the Bank of China opened a "China desk" in Bank Muscat, Oman's largest lender, to finance infrastructure projects.Chinese travel agencies are keen to develop tourist routes in the Sultanate, which is very rich with spectacular landscapes, archaeological sites and historical monuments, Pan said, adding that an agreement was signed to encourage tourism between Oman and China.About 5,000 Omani people go to China to do business and travel every year. During the Shanghai Expo, more than 10 ministers of Omani government went to China for a visit. "All these mirror the strong tie between the two countries," Pan noted.China is the largest buyer of Oman's crude oil. The bilateral trade reached 7.1 billion U.S. dollars in the first eight months this year, a 60 percent year-on-year increase.

BEIJING, Sept. 16 (Xinhua) -- China is expressing its concern about the European Union's investigations into Chinese-made wireless wide area networking (WWAN) modems, said a spokesman for the Ministry of Commerce (MOC) on Thursday.Yao Jian, the spokesman, made the remarks after the EU said it was conducting an anti-subsidy investigation into the devices.The EU launched investigations of anti-dumping and supporting measures on the WWAN modems from China on June 30, 2010. It is the first time the EU has made simultaneous triple investigations on a China-made product, Yao said.The move is unheard of for World Trade Organization members when dealing with trade remedy cases in practice, Yao said. The Chinese public and people working in the industry showed strong dissatisfaction towards the EU's practice.The WWAN modems are high-tech products that are constantly updated. These Chinese-made modems promote the advances of the technology and created new market fields which benefited the EU consumers, Yao said.The EU's investigations will disrupt normal trade and hurt the interests of EU consumers, he said.Yao further stated that the EU's move is also running counter to the deepening China-EU friendship.He said he hoped the EU could take actions based upon relevant laws and the facts and keep their promise on being opposed to trade protectionism, lest it damages China-EU economic and trade relations and also the EU economy.China will take corresponding measures within the rules of the World Trade organization in due time, he added.The investigation is the largest trade remedy investigation case against China, involving a total value of 4.1 billion U.S. dollars in exports.Wireless modems send or receive data as a radio signal.The 27-member EU is China's biggest trade partner. China is the EU's second-biggest trade partner and is its biggest source of imports.China's main exports to Europe are machinery and domestic goods, including clothes and shoes. While the EU's main exports to China include industrial machinery, transport equipment, chemicals and high-end consumer goods.Concerning the request for consultations from the United States about China's alleged anti-dumping and anti-subsidy duties on U.S.steel exports and China's policies on the electronic payment market, China has received the request and will resolve the issue based upon WTO rules, said MOC officials.U.S. trade representative Ron Kirk filed a statement with the WTO Wednesday, claiming China imposes duties on U.S. steel exports and discriminates against suppliers of electronic payment services from the U.S.China's policies on electronic payment services are consistent with the country's commitment to the WTO and the anti-dumping and anti-subsidy duties on U.S.-made steel are also in line with WTO rules, according to the MOC.U.S. is China's second largest trade partner.

BEIJING, Sept. 15 (Xinhua) -- The Chinese government on Wednesday stressed the importance for the country to improve river controls and prevent mountain floods in the wake of this year's frequent natural disasters.The statement was issued following an executive meeting of China's State Council, or the cabinet, which was chaired by Premier Wen Jiabao on Wednesday.In contrast with large rivers, the medium and small rivers in China are the Achilles' heel of the country's river control work, which surfaced in the wake of a series of flood-triggered disasters this year, according to the statement.Over the next five years, China will increase efforts to control medium and small rivers, remove dangers and consolidate medium and small reservoirs, as well as preventing mountain floods in a bid to protect the safety of people's lives and property, according to the statement.The central government will take flood-prone areas with dense population as priorities in dyke building and river regulation works, it said.Further, reservoir consolidation work should seek to increase the modulation capacities of water resources.The construction of flood storage regions along large rivers and lakes, including China's Dongting Lake and the Poyang Lake, should also be intensified.China will set up more radar stations and meteorological stations in flood-prone areas, and make thorough investigations across the country in order to have a panoramic view of the areas with hidden natural disaster dangers like flood, mudslide, landslide and collapsing mountains .Also, the country will strengthen ecological protection by planting more trees and vegetation to guard against soil erosion, according to the statement.To that end, the central government promised to provide financial support to local governments by increasing input and expanding funding channels, as well as strengthening supervision of construction.Floods, landslides and mud-rock flows in China killed 3,185 people and left 1,067 missing this year, as of the end of August, according to statistics from the Chinese National Committee for Disaster Reduction and the Ministry of Civil Affairs.The Chinese central government has spent 2.43 billion yuan (361 million U.S. dollars) on flood control and drought relief as of Aug. 23 this year, according to the Ministry of Finance.The meeting also noted that maintaining ecological diversity, including three tiers of ecosystems, species and genes over the next 20 years, is the basis of the existence and development of human beings and also a guarantee of safe ecological security and food safety.China will continue to improve laws and policies and promote international collaborations to protect ecological diversity, it added.