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PYONGYANG, Oct. 10 (Xinhua) -- Zhou Yongkang, a senior official of the Communist Party of China (CPC), attended a grand evening gala held to celebrate the 65th anniversary of the Workers' Party of Korea (WPK) on Sunday evening.Zhou, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, secretary of the CPC Central Commission of Political and Legal Affairs, was on a three-day official visit to the Democratic People's Republic of Korea (DPRK).Zhou watched the performance on the Kim Il Sung Square with Kim Jong Il, top leader of the DPRK and other leaders of the DPRK's party and government.Kim Jong Il (3rd R), top leader of the Democratic People's Republic of Korea (DPRK), and Zhou Yongkang (2nd R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Political and Legislative Affairs Committee of the CPC Central Committee, watch a grand evening gala held to celebrate the 65th anniversary of the founding of the Workers' Party of Korea (WPK) on the Kim Il Sung Square in Pyongyang, capital of the DPRK, Oct. 10, 2010.There were nearly 100,000 Pyongyang citizens in traditional costumes forming various phalanxes.The performance, which was divided into three parts, showcased, through grand and splendid group dances, the development history of the WPK under the leadership of President Kim Il Sung and General Secretary Kim Jong Il and the DPRK's achievements in economic construction and improving people's living standards in recent years.Zhou arrived here Saturday for a three-day official visit.
BEIJING, Sept. 6(Xinhuanet) - China bucked international trends in both outbound and inward investment, official figures have revealed.China now ranks as the fifth largest global investor in outbound direct investment (ODI) with a total volume of .5 billion, compared to a ranking of 12th in 2008, the Ministry of Commerce said on Sunday.On top of this, foreign direct investment (FDI) this year was set to "surpass 0 billion", compared to billion last year, ministry officials predicted.Globally, foreign investment decreased by almost 40 percent last year amid the financial downturn and is expected to show only marginal growth this year.The growth in both outbound investment from, and inbound investment to, China reflects the nation's rising economic power and attractiveness as an investment destination. China's annual outbound direct investmentThe ministry made the announcements during a press conference held in Xiamen on the upcoming United Nations Conference on Trade and Development (UNCTAD) World Investment Forum and the 14th China International Fair for Investment and Trade. Both forums will start on Tuesday.According to the ministry, China's ODI grew by 1.1 percent from a year earlier to .53 billion, which includes investment of .8 billion in non-financial sectors worldwide, up 14.2 percent year-on-year.Last year was the eighth consecutive year that the nation's ODI had grown. In this period the average annual growth rate stood at more than 50 percent."China is now the fifth largest investing nation worldwide, and the largest among the developing nations," said Shen Danyang, vice-director of the ministry's press department.In 2009, global ODI volume reached .1 trillion, and China contributed about 5.1 percent of the total.But "this is just a beginning." Although the figure is already "quite amazing," the volume is "not large enough" considering China's economic growth and local companies' expanding demand for international opportunities, Shen said."The growth rate (for ODI) in the next few years will be much higher than previous years," Shen said, without elaborating.China's ODI growth witnessed strong momentum this year. From January to June, the ODI in financial sectors was up by 43.9 percent to .84 billion, and in July alone, the ODI recorded .91 billion, the highest this year.Liu Zuozhang, director of the investment promotion agency under the commerce ministry, told China Daily that China's ODI in non-financial sectors would probably grow to billion this year.But while more Chinese companies were investing overseas, barriers and protectionism against Chinese investment were strengthened as well.Fan Chunyong, standing deputy chief of the China Industrial Overseas Development and Planning Association, said the challenge would not affect the upward trend of the ODI."China's ODI will go up to 0 billion in 2013, and the Chinese accumulative overseas investment will reach 0 billion by then," said Fan.According to the ministry, by the end of 2009, 13,000 Chinese enterprises had invested in 177 nations and regions worldwide, and the largest volume of funds went to the Asia-Pacific region. Europe and Africa ranked second and third in absorbing Chinese investment.Figures also revealed that more Chinese enterprises were focused on developed nations and emerging markets. During the first half of the year, China's ODI to the United States and the European Union rocketed by 360 percent and 107.2 percent respectively year-on-year. And investment into ASEAN and Russia grew by 125.7 percent and 58.5 percent.Jinny Yan, economist from Standard Chartered Shanghai, predicted that the EU would continue to be a hotspot for China's outbound investment in the coming months thanks to the ongoing European debt woes.As for FDI, Shen predicted it would reach a record high of 0 billion this year as China's consumption capacity gradually picked up and the nation's efforts on creating an open and transparent investment environment paid off.Responding to recent complaints by foreign businesses on the "worsening" investment environment, he said it "highlights foreign businesses are attaching more importance to the Chinese market".A report by the European Chamber of Commerce released last Thursday said China had made progress on improving its investment environment, but still needed to do more, especially on market access and the regulatory environment.While global FDI slumped by almost 40 percent last year, China's FDI was down by a mere 2.6 percent, according to the UNCTAD. China remained the second largest recipient nation of FDI, following the US.During the first seven months, China's FDI increased by 20.7 percent to .35 billion, and FDI in July surged by 29 percent.Zhan Xiaoning, director of the investment and enterprise division under the UNCTAD, said China was taking the leading role in the FDI recovery worldwide, even though FDI growth was not a cause for optimism globally.

BEIJING, Sept. 12 (Xinhua) -- Chinese State Councilor Dai Bingguo told Japan early Sunday morning to make a "wise political resolution" and immediately release the Chinese fishermen and fishing boat its coast guard seized earlier this week.Dai made the remarks when he summoned the Japanese Ambassador to China Uichiro Niwa in the wee hours. He was the highest-ranking Chinese official to make a response after the fishing boat and its crew were seized Tuesday in waters off the Diaoyu Islands and its captain was detained on Friday."Dai expressed solemnly (to the Japanese ambassador) the Chinese government's grave concerns and its serious and just position," said the Foreign Ministry in a statement.Dai warned Japan not to make a wrong judgement on the situation and urged it to make a "wise political resolution" and immediately release the fishermen and return the boat.The Japanese ambassador expressed that he would promptly report the Chinese position to his government, according to the statement.China decided Friday night to postpone a negotiation with Japan on the East China Sea issue, which had been scheduled for mid September, after a Japanese court ruled a 10-day detention through Sept.19 against the captain despite protests from China.Previously, Foreign Minister Yang Jiechi on Friday summoned the Japanese ambassador and demanded Japan immediately and unconditionally release the boat and all the crew, saying China's determination to defend its sovereignty over the Diaoyu Islands and the interests of the Chinese people was unswerving.Foreign Ministry spokeswoman Jiang Yu said Friday night when announcing the postponement of the talks that the Japanese side has "ignored China's repeated solemn representations and firm opposition, and obstinately decided to put the Chinese captain under the so-called judiciary procedures."She said Japan's acts have violated the law of nations and basic international common sense, and are "ridiculous, illegal and invalid.""Japan will reap as it has sown, if it continues to act recklessly," Jiang warned.On Tuesday, two Japanese Coast Guard patrol ships and the Chinese fishing boat collided in waters off the Diaoyu Islands in the East China Sea. No injuries were reported, but the fishing boat was then intercepted by the Japanese patrol.
BEIJING, Sept. 8 (Xinhua) -- China and Myanmar agreed on Wednesday to took the opportunity of the 60th anniversary of bilateral diplomatic ties to consolidate traditional friendship and enhance cooperation in key areas including energy and infrastructure building.Chinese President Hu Jintao and Myanmar's top leader Than Shwe reached the agreement in their one-hour-long talks in the Great Hall of the People.After a red-carpet welcome ceremony for Than Shwe, chairman of Myanmar's State Peace and Development Council, Hu told him China highly valued its relations with the country, and it was an unswerving policy of China to solidify and develop good-neighborly cooperation with Myanmar."The policy will remain unchanged regardless of changes of international situation," he added.Hu said that with the meticulous care of leaders of the elder generations of both sides, China-Myanmar relations had withstood the tests of the ever-changing world since the establishment of diplomatic ties 60 years ago."Our bilateral relations have seen consolidation and growth ever since, and has set an example for friendly relations between countries with different social systems," said the Chinese president.Hailing the profound friendship between the two countries, Than Shwe said the two countries supported and understood each other over the years, citing enhanced friendship and trust, frequent high-level visits and rapid growth of win-win cooperation in various areas.China has stuck to a peaceful development road, said the Myanmar top leader, adding China's stance on major issues such as climate change fully reflected the interests and concerns of vast developing countries.He also reiterated his government's adherence to the one-China policy.This year marks the 60th anniversary of China-Myanmar diplomatic ties. The two leaders agreed to take the chance to facilitate closer exchanges and cooperation in various areas.Hu proposed to keep regular contact between the two countries' leaders through visits and meetings on multilateral occasions, in a bid to maintain timely communication on bilateral ties and major issues of common concern.He also said it was important to maintain the consistency of China-Myanmar good-neighborly policies, step up efforts in formulating bilateral economic cooperation program to guide and facilitate win-win trade cooperation."China is willing to increase imports from Myanmar," he said, adding the Chinese market welcomes more investment from Myanmar enterprises.The two countries share a border line of over 2,200 kilometers. Hu called on both sides to jointly safeguard peace and stability of the frontier and boost economic and social development of the border areas."China respects sovereignty and territorial integrity of Myanmar, understands and supports the Myanmar government's efforts for national reconciliation," Hu said.He vowed to enhance cooperation with the country in border management, intensify efforts to jointly combat cross-border crimes for sound production and life order of the border regions.Than Shwe agreed with Hu's proposals, saying it was of vital importance for both countries to maintain peace and stability of the border areas. He pledged joint efforts with China to this end.Than Shwe arrived in Beijing on Tuesday afternoon to start his five-day state visit to China. China's top legislator Wu Bangguo and Premier Wen Jiabao will meet with him on Thursday.Besides Beijing, Than Shwe will also visit the 2010 Shanghai World Expo and the economic hub of Shenzhen in Guangdong province.
PODGORICA, Sept. 23 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), arrived in Podgorica on Thursday for a three-day official goodwill visit to Montenegro.Li, a member of the Standing Committee of the CPC Central Committee Political Bureau, said in a statement issued upon his arrival that he hopes his visit will bring bilateral relations between China and Montenegro to a higher level."I am looking forward to holding in-depth discussions with Montenegrin leaders during the visit on major international and regional issues," he said. Li Changchun (R, front), a senior official of the Communist Party of China (CPC), visits Tallinn University of Technology in Tallinn, Estonia, on Sept. 23, 2010.He added he hopes the visit will help further strengthen friendship, boost mutual trust, deepen cooperation and realize common development between the two sides.During his stay in Montenegro, Li will meet with the prime minister and the parliament speaker of Montenegro.The two sides are expected to sign a number of agreements covering economic and technology cooperation.Montenegro was the second leg of Li's four-nation tour which will also take him to Ireland and Iran. He arrived in Podgorica from the Estonian capital of Tallinn. Earlier in the day in Estonia, he made a tour of Tallinn University of Technology. He also met with the mayor of Tallinn.
来源:资阳报