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BEIJING, Nov. 9 (Xinhua) -- The third China-UK Economic and Financial Dialogue concluded here Tuesday, with both sides coming out of it committed to a range of policies to return the world economy back to strong and sustainable growth.While addressing the press after the one-day dialogue, Chinese Vice Premier Wang Qishan, who hosted the talks, said both China and the UK agreed the world should "jointly promote strong, sustainable and balanced global growth."According to the combined policy outcomes of the talks, both sides have recognized although the global economic recovery is underway, it remains uneven.The two nations "pledged to continue implementing economic policies conducive to sustainable economic growth," while "the UK has committed to a clear, credible, ambitious and growth-friendly medium-term fiscal consolidation plan," said the document.Chinese Vice Premier Wang Qishan (L) and UK Chancellor of the Exchequer George Osborne pose for photos during a press conference after the third China-UK Economic and Financial Dialogue in Beijing, capital of China, Nov. 9, 2010. Wang Qishan and George Osborne co-chaired the third China-UK Economic and Financial Dialogue here Tuesday. China, for its part, is committed to speeding up transformation of its economic development pattern and further strengthening the "role of domestic demand" in boosting economic growth.The upcoming Group of 20 (G20) summit in Republic of Korea (ROK)'s capital of Seoul was also highlighted in the bilateral discussion.Strongly supporting the G20 as the major forum for their international economic cooperation, the two countries welcomed the ambitious agreement reached by the G20 Finance Ministers and Central Bank Governors at Gyeongju, ROK, to reform the IMF's quota and governance.These reforms aim to help deliver a more "effective, credible and legitimate IMF, and enable the IMF to play its role in supporting the operation of the international monetary and financial system."The policy outcomes also call for further bilateral ties in trade and investment, including high technology and infrastructure."The UK is already one of the most open economies in the world to trade and inward investment and welcomes more Chinese investment, including from sovereign wealth funds," said UK Chancellor of the Exchequer George Osborne who co-chaired the talks with Wang.Both China and the UK said they would resist all forms of protectionism, and continue working together to further lower trade barriers and make efforts for a comprehensive and balanced conclusion to the Doha Development Round.The UK also reaffirmed its support for China's full market economy status at as early a date as possible and will continue to play a constructive role to encourage EU recognition.The two nations also vowed to drive forward the reforms of international financial regulation and supervisory standards, and to enhance transparency and accountability in the financial sector.
NEW YORK, Jan. 17 (Xinhua) -- A video show about Chinese people made its debut on screens at Times Square on Monday, presenting Americans a multi-dimensional and vivid image of Chinese people.With China's traditional red as the theme color, the 60-second video was shown on six screens simultaneously at Times Square with a billboard written "Experience China" on top of the screens. The show highlights Chinese ordinary people and some important figures recognized by the international community, including Chinese pianist Lang Lang, basketball player Yao Ming and Chinese astronaut Yang Liwei, etc."The layout of the video is quite smart. I like it," Charlotte Mcguckin, 18, a high school student in New York, told Xinhua, adding that "everyone (in the video) looks happy.""Look, that's Yao Ming. I can recognize him, and also the female table tennis player standing beside him. She is very famous, " she said, pointing to the giant screen. "I learned in class that U.S. and China started diplomatic ties from playing the table tennis," she smiled.For Si Yaqin, who came to New York with her son for vacation, watching the debut of the video is a once-in-a-lifetime experience. "It's my first time to New York, first time to Times Square," she told Xinhua. "How lucky I am here to witness this moment. I feel so proud as a Chinese."The video is part of the public diplomacy campaign by the Chinese government ahead of Chinese President Hu Jintao's U.S. state visit. The video will be shown at Times Square 15 times every hour from 6 am to 2 am next day, totaling 20 hours and 300 times a day. It will last till Feb. 14 with a total of 8,400 times of show time.Meanwhile, CNN also plans to run the video from Jan. 17 to Feb. 13.

CAPE TOWN, South Africa, Nov. 17 (Xinhua) -- Chinese Vice President Xi Jinping held talks with South African President Jacob Zuma here on Wednesday, calling for all-round cooperation and richer content of the comprehensive strategic partnership and strengthened coordination in international policies.During the talks, Xi first conveyed the warm greetings from Chinese President Hu Jintao to South African President Zuma.Xi hailed the Beijing Declaration on the Establishment of Comprehensive Strategic Partnership signed by the leaders of the two countries during Zuma's visit to China in August this year, saying that it has lifted China-South Africa relations to a new high and will guide the bilateral relations in the new era.Xi, who arrived here on Tuesday for a four-day official visit to South Africa, said the main purpose of his visit is to co-host with South African Deputy President Kgalema Motlanthe the fourth plenary session of the China-South Africa Bi-National Commission (BNC).Xi said this plenary session marks a significant step in fulfilling the goals proposed by the two sides in the Beijing Declaration and BNC serves as an important platform to push forward bilateral cooperation in all areas and further implement the consensuses reached by the leaders of the two countries.He said China is willing to work together with South Africa to promote the all-round cooperation, hoping that the two sides will continue to maintain closer high-level political contacts, and further deepen pragmatic cooperation especially in the areas such as trade, economy, agricultural technology and professional training.China wishes to strengthen close coordination in key international issues with South Africa, said Xi. China would also like to coordinate with BASIC countries on occasions of the United Nations such as in the forthcoming climate change conference to be held in Cancun, Mexico.Xi noted that China is to strengthen communication and cooperation with South Africa within the framework of the China- Africa Cooperation Forum so as to realize peace and development in the African continent.Xi also introduced the basic content and China's experience in formulating the 12th Five-year Plan (2011-2015).For his part, Zuma spoke highly of China's role in international affairs, saying that the South Africa-China relations are strategic.South Africa hopes that the Chinese friends will play an active role in South Africa's newly-launched New Economic Growth Path including the key projects in infrastructure construction of the African continent, said Zuma.Also on Wednesday, Xi met with Speaker of South African National Assembly Max Sisulu.
BEIJING, Dec. 23 (Xinhua) -- Industrial and Commercial Bank of China (ICBC), China's largest lender by market value, announced Thursday that it has completed its 44.9 billion yuan(about 6.75 billion U.S. dollar) rights issue in Shanghai and Hong Kong.The dual-listed lender said in a statement to the Shanghai Stock Exchange that it had raised 13.04 billion Hong Kong dollars (about 11.18 billion yuan) from the Hong Kong portion of its rights issue by selling 3.74 billion shares at a price of 3.49 Hong Kong dollars.The Beijing-based bank said it had sold 11.3 billion shares at 2.99 yuan in the Shanghai market, which was 99.72 percent subscribed and had raised 33.67 billion yuan in late November.The ICBC said the fund raising aimed to replenish its capital base.The bank's core capital adequacy ratio stood at 9.33 percent by the end of September this year, while its capital adequacy ratio was 11.57 percent. In the first three quarters of this year, the ICBC saw net profits up 27.1 percent year on year to 127.8 billion yuan.Shares of the bank closed flat at 4.18 yuan in Shanghai and was down 0.35 percent to 5.7 Hong Kong dollars in Hong Kong.
QINGDAO, Nov. 20 (Xinhua) -- Taiwan-based EVA Airways Corp. Saturday launched a weekly direct flight service linking southern Taiwan's Kaohsiung City and Qingdao City in eastern Shandong Province.The service will operate on Saturdays. It is the first direct service between the two cities.The flight will increase the number of direct flights between Qingdao and Taiwan to 20 per week, according to Qingdao Airport.Thanks to increased people-to-people exchange between Taiwan and the mainland, Qingdao Airport's passenger traffic to and from Taiwan this year reached 145,495 on Nov. 15, a 55 percent year-on-year increase.
来源:资阳报