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TORONTO, Canada, June 26 (Xinhua) -- Chinese President Hu Jintao visited an aircraft manufacturing facility on Saturday morning, in a gesture to show that China attaches importance to expanding mutually beneficial cooperation with Canada.Bombardier, a Canada-based global manufacturer of planes and trains, has cooperation projects with China in the areas of civil aviation and rail transportation.It has been working with the Shenyang Aircraft Corporation (SAC) of China to jointly develop and manufacture the innovative C series of airplanes.Hu toured the factory to have a close look at the components of the Q400 aircraft, which was partly manufactured in Shenyang. He took a photo with Pierre Beaudoin, president and chief executive officer of Bombardier Inc., in front of the components made in China.Visiting Chinese President Hu Jintao (L, front) visits the cabin of an aircraft during a tour of the aircraft factory of Bombardier Aerospace in Toronto, Canada, June 26, 2010.The president also went aboard a Q400 aircraft and a Global 5000 jet on display in the factory. He expressed the hope that the cooperation between Chinese companies and Bombardier would have an even better future.Bombardier has developed a strong strategic partnership of mutual trust and mutual benefit with China, Beaudoin said.President Hu's visit is of great significance for advancing cooperation between Bombardier and its Chinese partners, he said.Bombardier is ready to work with its clients and cooperative partners in China to create a better future, he added.He also expressed the hope that Canada and China would develop an even stronger, constructive and sustainable relationship.Bombardier has set up three joint ventures and six wholly owned enterprises in China, all in the rail transportation industry.In recent years, Bombardier has identified China as an emerging market for its commercial aircraft and enlisted several local subcontractors for making aircraft components. The Canadian company now has offices in Beijing, Shanghai, Guangzhou and Hong Kong.Hu arrived in Toronto on Friday afternoon after spending three days in Ottawa, where he and Canadian Prime Minister Stephen Harper witnessed the signing of a number of documents on cooperation between the two countries.Hu is to attend a summit of the Group of 20 countries in Toronto at the weekend.

WASHINGTON, June 23 (Xinhua) -- China represents a huge opportunity for American businesses, and the relationship between the two countries should not be portrayed as a zero sum game, Commerce Secretary Gary Locke said on Wednesday."There are so many opportunities for trade to benefit both China and the United States," Locke said at a Senate Finance Committee hearing."I have seen those benefits first hand over the last 20 years, as Commerce Secretary, as an attorney in private practice, and as the governor of Washington State, where I helped double exports to China during my tenure."According to Locke, thanks to strong Chinese demand growth and recovery in prices of agricultural products, now the U.S. exports to China are growing faster than overall U.S. exports."We should neither underestimate the importance of the China market nor the potential it holds for American exporters who tap into it."During the same hearing, Ron Kirk, the U.S. trade representative, also hailed the opportunities provided by the China's growing economy."Thanks to China's strong recovery from the global recession, we have seen double digit growth in a variety of export sectors, ranging from high-end manufactured goods and chemical products to agricultural goods like soybeans," said Kirk.

BEIJING, Aug. 16 (Xinhua) -- China's central bank and banking regulatory commission have ordered the country's financial institutions to provide preferential loan policies to victims in the mudslide-hit regions of Gansu and Sichuan provinces.The minimum down payment for a home in the disaster-affected urban regions could be reduced to 10 percent while the interest rate for home loans could be cut to possibly 60 percent of the benchmark rate, the People's Bank of China, the central bank, and China Banking Regulatory Commission said in a joint statement issued over the weekend.Banks were also asked to help ease loan pressures for rural residents in the disaster-affected regions.A massive mudslide, which took place on Aug. 8 in Zhouqu County of northwest China's Gansu Province, has killed 1,248 people as of 4 p.m. Sunday, with 496 still missing. Flooding and mudslides in southwest China's Sichuan Province has left at least 13 dead and 59 missing.

BEIJING, June 16 (Xinhua) -- The fifth chartered flight sent by the Chinese government brought 185 more nationals back home from Kyrgyzstan on Wednesday morning, sources with the Foreign Ministry said.The flight arrived at an airport in Urumqi, capital of northwestern Xinjiang Uygur Autonomous Region, at 7:17 a.m. (Beijing time) from Osh of Kyrgyzstan, where ethnic clashes have left some 170 people dead. Chinese nationals prepare to board the chartered flight at an airport in Osh, southern Kyrgyzstan, June 15, 2010.The Chinese government has sent five chartered planes to bring home nationals including business people and students in Kyrgyzstan. So far 754 Chinese nationals have been taken home.More chartered planes are to be sent to take Chinese nationals back home, according to the ministry.

BEIJING, July 15 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, rose 2.9 percent year on year in June, the National Bureau of Statistics (NBS) announced here Thursday.The figure stood at 2.6 percent in the first half of this year compared with the same period last year, according to the NBS.  A woman walks by a sale advertising poster in Beijing, capital of China, May 11, 2010.