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BEIJING, Sept. 17 (Xinhua) -- The People's Bank of China (PBOC), or the central bank, announced Friday it would continue the country's moderately easy monetary policy while making it better-targeted and more flexible in the coming months of this year.The PBOC made the announcement in its report on China's financial stability, which was released on the PBOC's website.The PBOC said in the next stage it needs to skillfully handle the relationship between maintaining steady and rapid economic development, restructuring the economy and managing inflation expectations.Chinese banks should continue supporting the country's economic restructuring, guard against risks, change profit structures, and improve the capital replenishing and restriction mechanism, the central bank said in the announcement.The announcement noted that local government debt was rising quickly, corporate liquidity was decreasing with a high current debt ratio, and credit card advances were increasing despite mounting financial assets held by residents and the low debt level.It said the global financial crisis had revealed limitations and gaps in the existing regulatory system. To prevent systemic risks, the central bank would combine macro and micro-prudential supervision in its policy package.

BEIJING, Sept. 28 (Xinhua) -- Chinese Vice Foreign Minister Fu Ying said Tuesday Premier Wen Jiabao's Europe trip aims to promote the two sides' comprehensive strategic relationship.Fu made the remarks at a press briefing at which she and Vice Foreign Minister Zhai Jun briefed the press about Wen's upcoming visit to Europe.Wen will pay an official visit to Greece, Belgium, Italy and Turkey from Oct. 2 to 9 at the invitations of Greek Prime Minister George Papandreou, Belgian Prime Minister Yves Leterme, Italian Prime Minister Silvio Berlusconi and Turkish Prime Minister Recep Tayyip Erdogan.Wen will attend the eighth Asia-Europe Meeting (ASEM) and the 13th China-European Union (EU) summit from Oct. 4 to 6 as guest of European Council President Herman Van Rompuy, Belgian Prime Minister Yves Leterme and European Commission President Jose Manuel Barroso.The Greece visit is the first by a Chinese premier in 24 years. During his stay, Wen will meet George Papandreou and discuss China-Greece relations. The two leaders will also witness the signing of several cooperation agreements. Wen will also deliver a speech in the Greek parliament on China-Greece relations and China-EU relations."Coping with the financial crisis will be an important topic for talks between Wen and Greek leaders. We have a positive attitude about the measures taken by the European Union and the International Monetary Fund. We have noticed that the Greek government has adopted measures which have been effective. We hope Greece will recover soon from the difficulties," Fu said.Speaking highly of the role Belgium has played in promoting China-EU relations during its rotating presidency, Fu said China-EU relations will be on the top agenda of Wen's meeting with Belgian leaders.Wen will hold talks with Yves Leterme and meet King Albert II. The two countries will also sign deals on nuclear energy.During Wen's visit to Italy, he will have talks with Silvio Berlusconi and meet President of the Italian Senate Renato Schifani, and President of the Chamber of Deputies Gianfranco Fini. Premier Wen will also attend the opening ceremony of the Chinese Culture Year."There are lots of cooperation programs between China and Italy, especially in technology, environmental protection and trade. The two countries will sign some new deals during Wen's visit and some documents to map out future cooperation," Fu said.According to Zhai, Wen will hold talks with Recep Tayyip Erdogan and meet Turkish President Abdullah Gul during his visit to Turkey from Oct. 7 to 9.He will also meet people from business circles and hold seminars with people from cultural circles."China-Turkey relations have witnessed smooth development, and the two countries cooperate fruitfully in many areas. Cooperation in such areas as investment, transportation and energy are progressing steadily. The two countries also carry out frequent exchange between governments, parliaments, local governments and non-governmental organizations," Zhai said.He said China and Turkey are two important developing countries, which share a broad common interest in maintaining world peace and promoting common development.

ANKARA, Oct. 8 (Xinhua) -- China and Turkey on Friday issued a joint declaration on the establishment and development of a strategic relationship of cooperation, further upgrading the level of bilateral relations.The two emerging developing countries agreed to maintain the momentum of high-level exchange of visits, deepen political mutual trust, expand bilateral friendly exchanges and formally launch a mechanism of joint working group of the two foreign ministries, the declaration said.Chinese Premier Wen Jiabao was in Turkey for an official visit Thursday through Saturday at the invitation of Prime Minister Recep Tayyip Erdogan. Chinese Premier Wen Jiabao (R) meets with Turkish President Abdullah Gul in Istanbul, Turkey, Oct. 8, 2010.During his visit, Premier Wen met with President Abdullah Gul and held talks with Prime Minister Erdogan. In a frank, friendly and pragmatic atmosphere, leaders of the two countries had an in-depth exchange of views on how to further expand and deepen China-Turkey mutually beneficiary cooperation in all fields and on regional as well as international issues of common interest, reaching broad consensus, the declaration said.The two sides made an overall review of and highly appraised the development of bilateral relations and expressed satisfaction over the fruitful achievements in the relations.It is the shared view of the two sides that as emerging developing countries, both China and Turkey are at an important stage of development, the declaration said."With the historical background of deep and complex changes in the international situation, the continuous expansion of China-Turkey friendly relations and cooperation, both in scale and content, will not only benefit the two peoples, but also contribute to regional and world peace, stability and development," it added.

STOCKHOLM, Sept. 12 (Xinhua) -- Swedish Parliament Speaker Per Westerberg on Sunday said that with the rapid economic development, China has played an increasingly important role in international and regional issues over the past years."Sweden is willing to further broaden and deepen cooperation with China in bio-pharmaceutical, energy and environmental protection fields, strengthen governmental, parliamentary and people's exchange between the two countries and promote sustainable development of bilateral relations," Westerberg said in a meeting with Liu Qi, a Chinese party official.Liu, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Beijing Municipal Committee of the CPC, arrived in Stockholm on Friday for a three-day visit.Swedish Parliament Speaker Per Westerberg (L) meets with Liu Qi (R), a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and chief of the CPC Beijing Municipal Committee, in Trosa, Sweden, Sept. 12, 2010.Over the past 60 years since the establishment of the diplomatic relations between the two countries, bilateral exchange and cooperation in trade, education and tourism have been increasing and benefited both sides, Westerberg said.During the meeting, Liu said that with the frequent bilateral visits of high-level leaders, political trust in both sides have been strengthened."Bilateral cooperation in traditional fields have been fruitful while the cooperation in energy-saving, environmental protection and ecological city construction has been expanding," Liu said.He said China is willing to strengthen exchange and communication with Sweden and take the 60th anniversary as an opportunity to further tap the potential of cooperation and promote further development of bilateral relations.Liu also met Carl Bildt, Swedish minister of foreign affairs, and attended a signing ceremony between Beijing Economic and Information Committee and Ericsson for strategic cooperation.Liu came from Oslo before he arrived in Stockholm. He will continue to visit Iceland, the Netherlands and Switzerland after his tour in Sweden.

TIANJIN, Sept. 13 (Xinhua) -- Coca Cola, the world's largest beverage maker, will begin operations at its largest bottling plant in China, a 900-million-yuan (132-million-US dollar) investment in Luohe City of central China's Henan province, by the end of October this year."We are very positive and committed to our growth here in China," said Glenn Jordan, president of Coca Cola Pacific Region, during an exclusive interview with Xinhua while attending the fourth Summer Davos forum held in north China's port city of Tianjin, on Monday.The soft-drink giant already operates 39 plants in China. It opened three new plants in Jiangxi Province, Hubei Province and Xinjiang Uygur Autonomous Region last year. Also, it now has two factories under construction, including the largest one in Henan and the other in Inner Mongolia Autonomous Region.Statistics from the company showed its investment in the new plant in Hubei Province has reached 600 million yuan, while the cost of the two-phase project in Jiangxi Province added up to 250 million yuan.Jordan said these are all parts of Coca Cola's three-year, 2-billion-US dollar investment plan in China announced last March, and the project is now "well on track" in terms of infrastructure, marketing and product development.Jordan believes the expansion was good for both sides. "On average, we are hiring around 10 people per day in the Coca Cola system and putting almost 1,000 coolers per day in the market."The investment package also includes a 90-million-US dollar innovation and research center in Shanghai. One new beverage created at the center last November was Minute Maid Pulpy Super Milky, which combines fruit juice, milk powder, whey protein and coconut bits to create a creamy fruit-flavored dairy drink."The Shanghai research center has been very productive and very rewarding," Jordan said, "We have already taken some of its innovations and technologies to other parts of Asia and to the world's markets."As for the business environment in China, Jordan believes the country is moving in a better direction, as it has continuously improved its business operating rules and regulations."We have been here for more than 30 years, during which China has changed rapidly. China has to adapt and evolve its strategies, and we can look back to our track record and find our way to the current changes," he said."We are very confident about the future of China and the future of our business here," he said, "In the case of the beverage sector, I don't think there is really something in China hurting us or that is not conducive to good business."