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RIYADH, Jan. 10 (Xinhua) -- China and Saudi Arabia convened Sunday the fourth meeting of their joint committee on economy and trade in the Saudi capital, co-chaired by Chinese Minister of Commerce Chen Deming and Saudi Minister of Finance Ibrahim bin Abdel Aziz al-Asaf.     Chen hailed the rapid growth of bilateral economic and trade ties since the third meeting of the joint committee in 2006, noting that bilateral trade have realized two years in advance the goal of 40 billion U.S. dollars by 2010, and Saudi Arabia has been China's biggest trade partner in West Asia for eight consecutive years. Chinese Minister of Commerce Chen Deming (L) meets with Saudi Minister of Finance Ibrahim bin Abdel Aziz al-Asaf in Riyadh, capital of Saudi Arabia, Jan. 10, 2010. China and Saudi Arabia convened Sunday the fourth meeting of their joint committee on economy and trade in the Saudi capital, co-chaired by Chinese Minister of Commerce Chen Deming and Saudi Minister of Finance Ibrahim bin Abdel Aziz al-Asaf. He made a five-point proposal, in which he said both countries should strive to expand bilateral trade to reach 60 billion dollars by 2015.     He also proposed to maintain the long-term and steady crude oil trade between the two sides, in addition to enhancing cooperation on exploiting gas, oil projects and petrochemical industry, and establish a cooperation mechanism on trade remedy.     The Chinese minister stressed that both sides should promote the negotiation process on the free trade agreement between China and the Gulf Cooperation Council (GCC). Chinese Minister of Commerce Chen Deming (C, front) and Saudi Minister of Finance Ibrahim bin Abdel Aziz al-Asaf (R, front) sign the meeting summary in Riyadh, capital of Saudi Arabia, Jan. 10, 2010Al-Asaf, for his part, said that Saudi Arabia hopes to see and will provide convenience for more Chinese enterprises to participate in Saudi economic construction as the country is speeding up its petrochemical industry, urban development, and traffic and environmental protection projects.     He said Saudi Arabia welcomed the progress in China-GCC FTA negotiation and will work together with the Chinese side to push forward the process for an early completion.     The two ministers met the press after the meeting, during which Chen said both sides have agreed to expand the trade volume to 60 billion U.S. dollars by 2015.     Chen also met with the Saudi Minister of Commerce and Industry Abdullah bin Ahmad bin Yussef Zainal on Sunday.

BEIJING, Nov. 27 (Xinhua) -- Days after the United States announced to cut its carbon dioxide emissions by 17 percent from 2005 levels by 2020, China promised to slice carbon intensity in 2020 by 40 to 45 percent compared with 2005 levels.     The respective policy movements of both China and the U.S., the biggest two emitters in the world, won global attention, if not instant applause. The early signs of the concerted efforts could be sensed after the two countries, the biggest developed and developing economies, released a joint statement on Nov. 17 during U.S. President Barack Obama's first China visit.     The two sides, according to the joint statement, had a "constructive and fruitful dialogue" on the issue of climate change.     It also said that the two sides were determined, in accordance with their respective national conditions, to take important mitigation actions.     The policy announcements from the two countries came just as the international community was worried about a possible stalemate at the United Nations Climate Change Conference in December in Copenhagen, Denmark.     Although not required by the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol for quantitative greenhouse gases (GHGs) emissions cut, China, defined by the United Nations as a developing country, still puts a drastic slash of its GHGs emissions in the coming ten years, even at cost of lowering its own economic development speed.     Economists estimated that China might double its current gross domestic product (GDP) by 2020. A 45-percent reduction of carbon emissions per unit of GDP means China would emit slightly more carbon dioxide than current levels.     At the same time, the Chinese government voluntarily set "the binding goal," which is to be incorporated into China's mid- and long-term national social and economic development plans.     It's much more than a developing nation is expected to offer, out of responsibility of and sincerity to addressing the common challenge faced by the international community.     Held by the UNFCCC accountable for contributing most of the total global carbon dioxide emissions, which were assumed to warm the planet and consequently result in natural disasters, many industrialized countries dodged their responsibilities of cutting emissions to levels that meet requirements of the Kyoto Protocol and the Bali Roadmap.     The United States, in spite of announcing a meaningful emissions cut of 17 percent, still lags far behind what the UNFCCC requires developed countries to behave.     In the Sino-U.S. joint statement, the two sides were committed to reach a legal agreement at the Copenhagen conference, which includes emissions reduction targets of developed countries and appropriate mitigation actions of developing countries on the basis of the principle of common but differentiated responsibilities and respective capabilities.     The U.S. and China also agreed substantial financial assistance to developing countries on technology development, promotion and transfer, which was largely invalid in the past years.     As China takes the lead to exemplify how a developing country, with the world's biggest population, could do to a better future of the world, it is now the developed world's turn to show their sincere care for a greener Earth.

BEIJING, Dec. 10 (Xinhua) -- China on Thursday warned that the rich nations should not "shift and shirk" responsibility on climate change, and urged them to provide developing countries with funds to deal with the global issue.     "According to the United Nations Framework Convention on Climate Change (UNFCCC), developed countries have responsibility to offer financial support to all developing countries on mitigating and adapting to climate change," Foreign Ministry spokeswoman told a regular news briefing.     "Funding is one of the key issues that will determine the success or failure of the Copenhagen conference. The offer of funds is the unshirkable responsibility of developed countries," said Jiang.     The UN Climate Change Conference, which opened Monday in Copenhagen, gathered representatives from 192 countries and aimed at mapping out a plan for combatting climate change from 2012 to 2020.     Financial support is a key issue at the talks.     Reports has quoted Todd Stern, U.S. special envoy for climate change, as saying that the United States would contribute to a fund aimed at helping developing nations deal with climate change, but China would not be a recipient of financial aid as it had a booming economy and large foreign exchange reserves.     "We hope that developed countries can positively respond to reasonable requests and suggestions from developing countries, demonstrate political sincerity and fulfil their obligations rather than shift and shirk responsibility," said Jiang.     "We hope the relevant parties make efforts to make the Copenhagen conference achieve results acceptable to all sides," Jiang said.

SHIJIAZHUANG, Nov. 12 (Xinhua) -- Chinese Premier Wen Jiabao went to the snow-ravaged Shijiazhuang City, capital of north China's Hebei Province, by train on Thursday afternoon to oversee relief work.     In a work conference held while on the train from Beijing to Shijiazhuang, the Premier urged authorities to put people's livelihood as top priority when dealing with the snow and blizzards. Chinese Premier Wen Jiabao (R) speaks during a meeting held on the train as he travels to Shijiazhuang, capital of north China's Hebei Province, Nov. 12, 2009. Chinese Premier Wen Jiabao went to snow-ravaged Shijiazhuang on Thursday afternoon to oversee relief work.Noting that China was in a critical phase to deal with the global financial crisis and the A/H1N1 influenza, Wen called for stepped-up efforts to mitigate negative impacts the blizzards imposed on people's lives.     Authorities should ensure the supply of heating, gas, water, power and other necessities to the public, ease traffic jams in the cities, and strengthen monitoring and control over commodity prices in order to safeguard people's livelihood, he said. Chinese Premier Wen Jiabao (front) inspects the disaster situation at a border section between Hebei and Shanxi provinces on the Shijiazhuang-Taiyuan expressway, in north China's Hebei Province, Nov. 12, 2009They must also ensure supply of coal, power and fuel for production purposes, he said, adding that regions that had not been affected by the snow and blizzards so far should also make preparations for possible bad weather.     Local government should perfect their emergency plans in accordance with the changing weather conditions, and ensure proper implementation of the plans at grassroot levels.     He urged relevant authorities to cooperate with each other and do a better job when making weather forecasts. Chinese Premier Wen Jiabao (L, front) shakes hands with a worker during his inspection in Xijiao Heating Co. Ltd. in Shijiazhuang, capital of north China's Hebei Province, Nov. 12, 2009.Upon arrival in Shijiazhuang, Wen visited passengers in the waiting room of the city's railway station.     He also went to a border section of the Shijiazhuang-Taiyuan expressway between Hebei and Shanxi provinces to visit stranded passengers on the Shijiazhuang-Taiyuan expressway and to inspect the disaster situation.     The premier asked local authorities to provide food and water to the stranded passengers, and to make sure the expressway resume function as soon as possible. Chinese Premier Wen Jiabao gets on a stranded truck at a border section between Hebei and Shanxi provinces on the Shijiazhuang-Taiyuan expressway, in north China's Hebei Province, Nov. 12, 2009

CANBERRA, Oct. 30 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang met here Friday with Australian Prime Minister Kevin Rudd to discuss the development of relations between their two countries and issues of common concern.     At the meeting, Li said that a healthy and stable China-Australia relationship was beneficial to the core interests of the two peoples and would therefore help promote stability and prosperity in the region and the world as a whole. Australian Prime Minister Kevin Rudd (L) meets with visiting Chinese Vice Premier Li Keqiang in Canberra, capital of Australia, Oct. 30, 2009As two important nations in the Asia-Pacific region, China and Australia shared a wide range of common interests and solid ground for cooperation, either in maintaining regional peace and stability or in driving regional and global economic growth, and dealing with international challenges, Li said.     Stressing dialogue, coordination and cooperation were crucial for bilateral relations, the vice premier said both nations need to adhere to a strategic and long-term perspective to deal with bilateral ties.     Only by joint efforts could the two sides achieve common progress, he said. Australian Prime Minister Kevin Rudd (3rd R) meets with visiting Chinese Vice Premier Li Keqiang (2nd L) in Canberra, capital of Australia, Oct. 30, 2009Noting that China and Australia have complementary economies, Li said China hopes Australia will always stick to an open and non-discriminatory policy towards Chinese investment in Australia.     Furthermore, Li said, the two governments need to forge a friendly policy environment for business from both nations to conduct mutually beneficial cooperation.     On international cooperation, Li said China seeks to continue communication and coordination with Australia within multilateral cooperation mechanisms such as the United Nations, G20, APEC, East Asia Summit and the Pacific Islands Forum.     Speaking at the meeting, Rudd congratulated China on the 60th anniversary of the founding of the People's Republic of China and for what the Chinese people has achieved in the past 60 years.     Rudd said he is optimistic about the future of the Australian-Chinese relationship and willing to view those relations in the long run.     China is very important to Australia's future and Australia is also very important to China's future, the prime minister said, adding that the two sides should bring their relations to a new high based on the solid foundation achieved in the past.     Rudd said he and Li have agreed to develop more contacts at a government level in the future.     Rudd said Australia, which understands China's long-term demand of resources and energy, is willing to be a strategic partner with China in this regard.     He also reiterated that Australia adopted an open and nondiscriminatory policy towards investments from China.