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BEIJING, Dec. 7 (Xinhua) -- China's auto sales and output both exceeded 12 million units in the first 11 months, the China Association of Automobile Manufacturers (CAAM) announced Monday. The CAAM forecast sales and output for the whole year would both exceed 13 million units. In November alone, sales reached more than 1.35 million units, according to preliminary statistics. Detailed figures are expected to be released on Tuesday. The country's largest auto maker, Shanghai Automotive Industry Corporation, sold about 2.44 million auto units in the first 11 months, up 54 percent year on year, while Sino-U.S. joint venture company Shanghai GM sold 627,495 units, up 50.5 percent.
ASHGABAT, Dec. 13 (Xinhua) -- Chinese President Hu Jintao met here on Sunday with Uzbek President Islam Karimov to exchange views on bilateral relations and other issues of common concern, and both leaders agreed to push forward bilateral ties. Hu is in Ashgabat, capital of Turkmenistan, for a working visit at the invitation of Turkmen President Gurbanguly Berdymukhamedov. As guests of Berdymukhamedov, Hu, Karimov and Kazakh President Nursultan Nazarbayev will attend a ceremony to inaugurate the China-Central Asia natural gas pipeline on Monday. Visiting Chinese President Hu Jintao (R) meets with Uzbek President Islam Karimov in Ashgabat, capital of Turkmenistan, on Dec. 13, 2009 In the meeting with his Uzbek counterpart, Hu said the relationship between China and Uzbekistan has been developing consistently and stably in an all-round manner. High-level contacts are frequent, political trust has been intensified and cooperative projects in many fields have yielded remarkable results. Both nations have been mutually supportive on issues concerning each other's core interests, and both have sustained communication and collaboration in international and regional affairs, Hu said. China has always attached great importance to developing its ties with Uzbekistan, which is seen as an important partner in central Asia, Hu said, and it is China's firm policy to safeguard and develop its relations with Uzbekistan. China is willing to work with Uzbekistan to further high-level exchanges, deepen practical cooperation, and ensure the sound and stable development of the friendly cooperative partnership, Hu said. On the gas transportation project, Hu said the Chinese side is ready to work together with Uzbekistan and to ensure a safe and smooth operation of the pipeline, and implement the agreements concerning the expansion of bilateral cooperation in gas and petrol fields. The 1,833-km China-Central Asia gas pipeline starts from the border between Turkmenistan and Uzbekistan, and runs through Uzbekistan and Kazakhstan before reaching northwest China's Xinjiang region. Visiting Chinese President Hu Jintao meets with Uzbek President Islam Karimov in Ashgabat, capital of Turkmenistan, on Dec. 13, 2009Hu also proposed that the two countries deepen cooperation in developing mineral resources and carry out the relevant documents signed by the two parties. The long-term, stable, practical and mutually beneficial trade relations shall be consolidated, he said. The Chinese leader said the role of the intergovernmental economic and trade cooperation commission shall be brought into full play and agreements reached at the eighth meeting of the Sino-Uzbekistan joint economic and trade commission shall also be substantiated. Hu pointed out that cooperation should be promoted particularly in the fields of economy and trade, transportation, telecommunication, light industry and agriculture. In terms of security, Hu said the Central-Asian region is confronted with grave security challenges. It is a common responsibility of all countries concerned, including China and Uzbekistan, to combat the "three forces" that engage in terrorism, separatism and extremism, and to safeguard the security and stability of the area, he said. China is willing to consolidate contacts and cooperation with Uzbek law enforcement authorities and security departments to safeguard the national and regional stability, he said. With the efforts of its member states, the Shanghai Cooperation Organization (SCO) has been striving to offset the negative impacts brought by changes in international and regional affairs. The entity has exerted an important role in promoting the stability of the Central Asian region and safeguarding the common interests of the member states, Hu said. As the rotating chair state of the SCO, Uzbekistan has actively coordinated the body's development and made a series of significant proposals, Hu said, and such efforts were highly valued and readily bolstered by the Chinese side. China is also obliged and ready to assist Uzbekistan in the hosting of the SCO summit next year, Hu said. Karimov, on his part, said the development of bilateral relations is not only conducive to the two countries, but is also of great significance to maintaining peace and stability in the Central Asian region. He said China is a most reliable and trust-worthy friend of Uzbekistan. Since the heads of state of the two countries met in Yekaterinburg in Russia earlier this year, bilateral practical cooperation have made substantial progress and entered a new era of development, and bilateral trade has grown rapidly, with a broad prospect of cooperation in the areas of natural gas, mining and cotton. Karimov said, in response to the worsening of the international financial crisis, the Chinese government has adopted a series of effective measures to resolve the difficulties faced by China's economy and played an important role in promoting the growth of the world economy. He said, against the backdrop of profound and complicated changes in today's world, Uzbekistan is ready to strengthen cooperation with China in various fields. He emphasized that Uzbekistan will adhere to the one-China policy and firmly support China's strike against the "three evil forces", "Taiwan independence" and "Tibet independence". Karimov appreciated the major and active role that China has played in handling major international issues. He thanked China for its support to Uzbekistan in becoming the chair nation of the SCO. He said Uzbekistan is ready to work with China to host a successful SCO summit in its capital of Teshkent next year. Hu arrived in Ashgabat Sunday morning and will leave for home Monday.
BEIJING, Nov. 17 (Xinhua) -- Chinese President Hu Jintao said here Tuesday that he and U.S. President Barack Obama had agreed to improve Sino-U.S. relations and reached consensus on major international and regional issues of common concern. After nearly two hours of talks, Hu told the press at Beijing's Great Hall of the People that his talks with Obama was "candid, constructive and fruitful." Standing beside Obama, Hu said China and the United States shared broad common interests and have great potential for future development on a series of major issues concerning peace and development of the mankind. Chinese President Hu Jintao speaks during a press conference held with visiting U.S. President Barack Obama following their official talks at the Great Hall of the People in Beijing on Nov. 17, 2009 MORE DIALOGUE Hu said they agreed to improve dialogue, communication and cooperation from a strategic and far-sighted perspective and to make joint efforts in building a positive, cooperative and comprehensive Sino-U.S. relationship so as to promote global peace, stability and prosperity. Chinese President Hu Jintao holds a press conference with visiting U.S. President Barack Obama following their official talks at the Great Hall of the People in Beijing on Nov. 17, 2009. Both China and the United States believed that close high-level contacts and dialogues and consultations at various levels were of great importance to the two countries' relationship, he said. The two presidents agreed to keep close communication through visits, phone calls, letters and meetings at multilateral occasions, Hu said. The two leaders also spoke highly of the role of the strategic and economic dialogue mechanism in boosting mutual trust and cooperation between the two countries. China and the United States would continue implementing the agreements reached at the first round of the dialogue last July in Washington and will start preparations as soon as possible for the second round of the Sino-U.S. Strategic and Economic Dialogue (S&ED) next summer in Beijing, Hu said. ECONOMIC COOPERATION The two leaders exchanged views on the current global financial situation and held that despite the positive signs of the global economic recovery, the foundation of the global economic recovery was far from solid. Hu and Obama agreed to strengthen dialogue and cooperation on macro-economic policies, properly handle trade frictions through negotiations and jointly ensure the bilateral economic and trade ties to develop in a healthy and steady way. "I stressed to President Obama that under the current situation, our two countries should oppose and resist protectionism in all forms in an even stronger stand," he said. Visiting U.S. President Barack Obama reacts during a press conference held with Chinese President Hu Jintao following their official talks at the Great Hall of the People in Beijing on Nov. 17, 2009Hu said both China and the United States appreciated the key role of the G20 summit in coping with the global financial crisis. "China and the United States would work together with all other members to fully carry out the commitments of all G20 summits and continuously strengthen the role of G20 in the management of the global economy, while pushing forward international financial system reform and improving global economic order to guard against and cope with future crisis," Hu said. CLIMATE CHANGE, ENERGY AND ENVIRONMENT The two presidents also agreed to improve cooperation in climate change, energy and environment. Hu said China and the United States would cooperate with all sides concerned, on the basis of the "common but differentiated responsibilities" principle and their respective capabilities to help produce positive results at next month's Copenhagen summit on climate change. China and the United States had signed documents of cooperation including a memorandum of understanding on enhancing cooperation on climate change, energy and the environment, and the two countries had formally launched a joint research center on clean energy, he said. Chinese President Hu Jintao shakes hands with visiting U.S. President Barack Obama after they meet the press at the Great Hall of the People in Beijing on Nov. 17, 2009. Hu said the two leaders also agreed to deepen cooperation on the basis of mutual benefits in areas such as anti-terrorism, law enforcement, science and technology, space exploration, civil aviation, high-speed railway, infrastructure, agriculture and health care. The two leaders agreed to continue to promote greater development in military relations, Hu said. Obama and Hu discussed to expand cultural exchanges between the two countries, especially youth exchanges, and supported both sides to set up a cultural exchange mechanism and strengthen cooperation on dispatching exchange students. NUCLEAR NON-PROLIFERATION "Both of us remain committed to resolving the nuclear issue on the Korean Peninsula through dialogue and consultation," said Hu. "Such a commitment serves the common interests of China and the United States and all other parties concerned." Hu said China and the United States would work with other parties concerned to stick to the denuclearization of the Korean Peninsula and the six-party talks process to safeguard peace and stability of the northeast Asia. The two presidents stressed that it was very important for the stability in the Middle East and the Gulf Region to uphold the international nuclear non-proliferation regime and properly resolve the Iran nuclear issue through dialogue and negotiation, Hu said. ONE-CHINA POLICY Hu said the key to Sino-U.S. relationship was to mutually respect and accommodate each other's core interests and major concerns while divergences from different national conditions were normal as the two sides had different country situations. He said that China appreciated President Obama's support for the one-China policy and the three Sino-U.S. joint communiques, and his respect for China's national sovereignty and territorial integrity on the Taiwan issue and other matters. Hu said the two sides had reaffirmed the "cardinal principle" of "mutually respecting national sovereignty and territorial integrity" and voiced opposition to any attempt by any force to violate this principle. "We have both agreed to conduct dialogues and exchanges on issues including human rights and religion, in the spirit of equality, mutual respect and non-interference in each other's internal affairs, so as to boost understanding, mitigate divergences and broaden consensus," Hu said. "The Sino-U.S. relationship is very important. Maintaining and promoting the Sino-U.S. relationship is a shared responsibility of both sides," Hu said. "China is ready to work together with the United States to push forward the continuous, healthy and stable development of the Sino-U.S. relationship to better serve the two countries' peoples and peoples across the world," Hu said.
NEW YORK, Jan. 7 (Xinhua) -- Stopping importing from China may result in an increase in the U.S. trade imbalance, chief economist of the World Bank Justin Yifu Lin said during a speech here on Thursday. Addressing the audience at a forum about the forecast and views of Chinese economy held at the New York Stock Exchange, Lin said the imbalance between the United States and China actually "reflects some kind of specialization due to the state of development." The type of products that China exported to the United States are labor-intensive living necessities that the United States will never produce anymore and has no competitive advantages, Lin said. Chief economist of the World Bank Justin Yifu Lin delivers a speech at a forum about the forecast and views of Chinese economy held at the New York Stock Exchange in New York, the U.S., Jan. 7, 2009. He said stopping importing from China may result in an increase in the U.S. trade imbalance "If China will not export those type of labor-intensive products, U.S. will have to import from other middle income or lower income countries," he added. "And very likely, the cost of importing from other countries will be higher." Lin said U.S. companies always have a free choice to import from China or other countries, and they currently choose China is because the cost is lower. "If U.S. has to switch the source of the import from another country, (U.S.) people will have to pay for them no matter how high the price is because that is a definite necessity," Lin said," that means most likely the trade imbalance in U.S. may increase."
BEIJING, Nov. 17 (Xinhua)-- The United States welcomes the peaceful development of cross-Straits ties and "more positive and stable" cross-Straits relations, said a China-US Joint Statement issued here Tuesday. The statement said that both sides underscored the importance of the Taiwan issue in China-US relations. The Chinese side emphasized that the Taiwan issue concerns China's sovereignty and territorial integrity, and expressed the hope that the US side will honor its relevant commitments and appreciate and support the Chinese side's position on this issue. The US side stated that the United States follows its one-China policy and abides by the principles of the three Sino-US joint communiques, said the statement. The two sides reiterated that "the fundamental principle of respect for each other's sovereignty and territorial integrity is at the core of the three Sino-US joint communiques which guide China-US relations. Neither side supports any attempts by any force to undermine this principle," said the statement. The two sides agreed that respecting each other's core interests is extremely important to ensure steady progress in China-US relations. Both countries believe that to nurture and deepen bilateral strategic trust is essential to China-US relations in the new era. The US side reiterated that it welcomes a strong, prosperous and successful China that plays a greater role in world affairs. The two sides are of the view that in the 21st century, global challenges are growing, countries are more interdependent, and theneed for peace, development and cooperation is increasing. China and the U.S. have an increasingly broad base of cooperation and share increasingly important common responsibilities on many major issues concerning global stability and prosperity. The two sides should further strengthen coordination and cooperation, work together to tackle challenges and promote world peace, security and prosperity, said the statement. The two sides reiterated that they are committed to building a positive, cooperative and comprehensive China-US relationship for the 21st century, and will take concrete actions to steadily build a partnership to address common challenges. During their discussions, the Chinese side said that it resolutely follows the path of peaceful development and a win-win strategy of opening-up, and is committed to promoting the building of a harmonious world of enduring peace and common prosperity. The U.S. is committed to working with other countries in addressing the most difficult international problems they face, said the statement. China welcomes the United States as an Asia-Pacific nation that contributes to the peace, stability and prosperity in the region. The statement was signed during U.S. President Barack Obama' s visit to China between November 15 and 18.