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BEIJING, Aug. 11 (Xinhua) -- Chinese President Hu Jintao on Monday met separately with several foreign leaders in the Great Hall of the People in central Beijing. The foreign leaders, including Cambodian King Norodom Sihamoni, President of Cyprus Demetris Christofias, Slovak President Ivan Gashparovic and Latvian President Valdis Zatlers, had come to the Chinese capital to attend the opening ceremony of the Beijing Olympic Games on Aug. 8 and other activities relating to the Games.Chinese President Hu Jintao (R) shakes hands with King of Cambodia Norodom Sihamoni during their meeting in Beijing, China, Aug. 11, 2008. Norodom Sihamoni attended the opening ceremony of the Beijing Olympic Games on Aug. 8.Hu extended a warm welcome to the guests, and said the Beijing Olympics, with the theme of "One World, One Dream," is an international sports gala that belongs to people of all countries in the world. The foreign leaders spoke highly of the Games' opening ceremony and China's preparations for the Games, and expressed the belief that the Beijing Olympics will be a great success. Hu also had a broad exchange of views with the leaders on bilateral relations and other major regional and international issues of common concern. In his meeting with King Sihamoni, Hu said that China and Cambodia are not only good neighbors that coexist in peace and harmony, but also good friends with mutual trust, good brothers sharing happiness and woe, and good partners working together for a win-win end. "The friendly relationship between China and Cambodia is exemplary for countries of different social systems which want to treat each other equally and carry out sincere cooperation," Hu said. The Chinese government and people are ready to work with their Cambodian counterparts to enhance friendly exchanges, expand mutually-beneficial cooperation, and promote common development, said Hu, adding that China highly appreciates the Cambodian Royal Family's "outstanding contribution" to the development of Sino-Cambodian relations. King Sihamoni responded that the Cambodia-China friendship was forged and developed through the efforts of several generations of leaders of both countries. He said the Cambodian Royal Family, government and people appreciate the long-time support and assistance from China and are dedicated to the development of good-neighborly friendship and cooperation with China.Chinese President Hu Jintao (R) shakes hands with President of Cyprus Demetris Christofias during their meeting in Beijing, China, Aug. 11, 2008. Demetris Christofias attended the opening ceremony of the Beijing Olympic Games on Aug. 8. While meeting President Christofias, Hu pointed out that China and Cyprus enjoy all-weather friendship and partnership. "China is willing to work with Cyprus to enhance high-level exchanges, expand cooperation in diverse fields and cement coordination within the frameworks of the United Nations and Asia Europe Meeting and in multilateral affairs," he said. President Hu stressed China's persistent stand that the independence, sovereignty and territorial integrity of Cyprus should be duly respected, and the Cyprus issue should be settled in a fair and reasonable manner on the basis of relevant UN resolutions. Christofias thanked the Chinese side for the support of Cyprus unity, and hoped the two countries enhance cooperation in trade and economic sectors. Cyprus will continue with its efforts to promote Europe-China relations, he added.Chinese President Hu Jintao (R) meets with his Slovakian counterpart Ivan Gashparovic in Beijing, China, Aug. 11, 2008. Gashparovic was here to attend the opening ceremony of the Beijing Olympic Games on Aug. 8 and other events. Meeting with his Slovak counterpart, Hu said that bilateral ties have been going along quite well in recent years and the two countries have enhanced high-level exchanges, built mutual political trust, maintained practical and fruitful cooperation in diverse fields, and cemented coordination in international affairs. Slovakia is considered as a trustworthy friend and partner of China, Hu said. "Next year will mark the 60th anniversary of the establishment of China-Slovakia diplomatic relations. We're willing to work with Slovakia to promote bilateral friendly cooperation to a new height." President Gashparovic said his country thinks highly of China's influence in international affairs, and hopes to deepen cooperation with China to further promote bilateral relations.Chinese President Hu Jintao (R) shakes hands with President of Latvia Valdis Zatlers during their meeting in Beijing, China, Aug. 11, 2008. Valdis Zatlers attended the opening ceremony of the Beijing Olympic Games on Aug. 8. In his discussions with the Latvian president, Hu said that China's relations with Latvia have forged ahead smoothly since the two countries clinched diplomatic ties 17 years ago. China values such relations and is ready to work with Latvia in promoting all-round development of bilateral ties by maintaining exchanges at all levels, enhancing contacts between the governments, legislatures and political parties, expanding channels for trade and economic cooperation, broadening exchanges and cooperation in diverse fields including science and technology, culture and education, and maintaining good coordination in international affairs, Hu said. President Zatlers echoed Hu's views on bilateral ties, saying his country is ready to work with China to expand cooperation in economic and trade fields and boost exchanges in education and cultural sectors. During the Monday meetings, Hu also thanked the foreign leaders for their countries' assistance to China after the devastating May 12 earthquake that rocked Sichuan Province and neighboring regions.
TOKYO, May 1 (Xinhua) -- Japanese Prime Minister Yasuo Fukuda met on Thursday with 10 representatives of Chinese students studying in Japan, delivering friendly messages before the upcoming visit of Chinese President Hu Jintao to Japan. "We warmly welcome President Hu to Japan," said Fukuda in the talks with the Chinese students at his residence. He said that despite some problems in bilateral ties, he hoped that the Chinese students will, under whatever circumstances, recognize the importance of Japan-China relations and strive for their development. China is a major power in the world, and the performance of a major power has direct bearing on world stability, said the Japanese prime minister, adding that Japan hopes to foster a relationship with China that helps make joint efforts for world stability. Li Guangzhe (R), a Chinese student who is also head of the Chinese students' association in Japan, presents to Japanese Prime Minister Yasuo Fukuda an album commemorating the 110th anniversary of Chinese students studying in Japan in Tokyo, May 1, 2008. Japanese Prime Minister Yasuo Fukuda met on Thursday with 10 representatives of Chinese students studying in Japan, delivering friendly messages before the upcoming visit of Chinese President Hu Jintao to Japan Enquiring about their campus life from time to time, Fukuda encouraged the Chinese students to work hard and make due contributions to the Japan-China friendly relations. The Japanese government and universities provide Chinese students with very favorable conditions for their study, said Li Guangzhe, a Chinese student who is also head of the Chinese students' association in Japan. Li said that the Chinese students are determined to play a positive role in promoting China-Japan friendship while studying in Japan. Chinese President Hu Jintao is scheduled to pay a state visit to Japan from May 6 to 10.
BEIJING, April 7 (Xinhua) -- Chinese Premier Wen Jiabao said here on Monday the free trade agreement signed between China and New Zealand was of importance and profound significance. Wen told New Zealand Prime Minister Helen Clark in their talks that the signing of the free trade accord "explored broad prospects for deepening mutually beneficial cooperation between the two countries". He added the China-New Zealand ties were faced with important new development opportunity. The two reached consensus to push the China-New Zealand comprehensive, friendly and cooperative relations to a new high. Wen hailed the vigorous development of China-New Zealand relations in recent years, saying the practical cooperation in every area had made constant breakthroughs, bringing real benefits to the two peoples. Chinese Premier Wen Jiabao meets New Zealand Prime Minister Helen Clark in Beijing on April 7, 2008. The two attended the signing ceremony of the free trade agreement and respectively delivered speeches He noted the two nations shared broad common interests in promoting peace, stability and prosperity in the Asia-Pacific region. Wen pledged China was ready to implement the annual meeting mechanism between the leaders of the two countries, strengthen consultation at all levels and consolidate the political basis for the bilateral relations. Wen suggested the two sides make full use of complementary advantages in sustainable development areas, such as climate change, energy saving, environmental protection and low-carbon economy, foster new growing points in trade and economic cooperation, expand cooperation on culture, education, science, technology and justice, and increase communication and coordination on important international and regional issues. Clark said since China was an important cooperation partner, New Zealand attached great importance to the bilateral relations from a strategic level. "New Zealand explicitly sticks to the one-China policy, advocates to enhance contact and cooperation with China and supports China in its efforts to play an active role in the world," she said. On the FTA deal, Clark said New Zealand and the country's business circle would firmly support and earnestly carry out the agreement. She added New Zealand was ready to maintain high-level exchanges with China, step up exchanges and cooperation in the spheres of goods, service trade, agriculture, stock-breeding, energy saving, environmental protection, culture and education, and increase consultation and cooperation between the two countries in the United Nations and the Asia-Pacific Economic Cooperation. After the talks, the two attended the signing ceremony of the free trade agreement and respectively delivered speeches.
ASHGABAT, Aug. 29 (Xinhua) -- Chinese President Hu Jintao's three-nation tour to Central Asia has strategic significance for regional peace and stability, Chinese Foreign Minister Yang Jiechi said Friday. The president has engaged in extensive exchange of views with the leaders of Turkmenistan, South Korea, Tajikistan and Russia on bilateral ties and major international and regional issues of common concern, reaching broad consensus, said Yang, who is accompanying Hu during the tour. TO DEEPEN COOPERATION, STRENGTHEN TIES After China's establishment of diplomatic ties with South Korea, Tajikistan and Turkmenistan 16 years ago, its ties with the three countries have enjoyed rapid development, and the fields of bilateral cooperation have witnessed continuous expansion. During President Hu's visit, China issued a joint communique with South Korea and released joint statements with Tajikistan and Turkmenistan. Over 30 bilateral cooperative documents have been inked between China and the three nations. In Seoul, Hu said China's ties with South Korea should aim at achieving common development of long term, and the two countries should share development opportunities, face challenges together, deepen comprehensive cooperation and enhance coordination and cooperation in dealing with major international and regional issues. Chinese President Hu Jintao (L Rear) and President of the Republic of Korea (ROK) Lee Myung-bak (R Rear) hold a joint press conference after their meeting at the presidential palace in Seoul, capital of the Republic of Korea, Aug. 25, 2008. Hu Jintao arrived in Seoul on Monday for a two-day state visit to ROKDuring his visit to Tajikistan, Hu said it's China's set policy to further develop the Chinese-Tajik relations of lasting friendship, equality and trust, mutual benefit and win-win outcome. In the Turkmen capital of Ashgabat, Turkmen President Gurbanguly Berdymukhamedov called China as one of its main and reliable partners. Both sides agreed to strengthen exchanges at various levels, deepen coordination and dialogue, promote cooperation in infrastructure and energy. Chinese President Hu Jintao (L Front) waves to people as Tajik President Emomali Rakhmon (R Front) greets him at the airport in Tajikistan's capital Dushanbe Aug. 26, 2008. Chinese President Hu Jintao arrived in Dushanbe on Aug. 26 for a state visit and to attend the 8th Shanghai Cooperation Organization (SCO) summit, scheduled for Aug. 28.South Korea, Tajikistan and Turkmenistan all reiterated their adherence to the one-China policy on the Taiwan and Tibet issues, and their support to China's efforts to safeguard sovereignty and territorial integrity. TO PROMOTE SCO DEVELOPMENT After years of development, the Shanghai Cooperation Organization (SCO) has become an important organization to safeguard peace and stability in Central Asia, push forward economic growth and strengthen cultural exchanges, Yang noted. In a keynote speech at the SCO summit Thursday in Dushanbe, President Hu presented an in-depth analysis of the regional security situation and the threats and challenges confronting the SCO member states. Chinese President Hu Jintao (3rd L) poses for group photos with other leaders of the Shanghai Cooperation Organization (SCO) member states in Dushanbe, capital of Tajikistan, on Aug. 28, 2008, during the annual summit of the organizationAppealing to member states to further relations and implement the Treaty on Long-term Good-neighborliness, Friendship and Cooperation, Hu called on all sides to consolidate political mutual trust, enhance cooperation in security, economy and culture, and work together to build up regional harmony, Yang said. The Dushanbe summit of the SCO culminated with the signing of several important documents such as the SCO Dialogue Partnership Protocol and a joint declaration, the Chinese foreign minister said. On the sidelines of the summit, President Hu held meetings with his Russian and Kyrgyz counterparts and exchanged views on bilateral ties and international and regional issues of common concern, cementing bilateral understanding and trust, and furthering mutually beneficial cooperation, Yang said. Chinese President Hu Jintao (R) meets with his Russian counterpart Dmitry Medvedev in Dushanbe, capital of Tajikistan, Aug. 27, 2008. The Chinese and Russian presidents are in Dushanbe for Thursday's Shanghai Cooperation Organization (SCO) summit. TO CLARIFY DEVELOPMENT PATH Throughout his tour and at the SCO summit, President Hu elaborated on China's domestic and foreign policies, emphasizing that his country's achievements in the past 30 years had sprung from its reform and opening-up policy and that its future development will also rely on the same. The Chinese people will unswervingly continue the reform and opening-up, strive for a moderately well-off society and accelerate modernization, said Hu. China will persistently follow the path of peaceful development and a reciprocal win-win strategy in its opening-up policy, he reiterated. Chinese President Hu Jintao (L) and Turkmen President Gurbanguly Berdymukhamedov shake hands after signing a joint statement in Ashgabat, capital of Turkmenistan, August 29, 2008Hu noted that China seeks peaceful, open and cooperative development, and endeavors to construct a harmonious world of lasting peace and common prosperity. President Hu's three-nation tour lived up to initial expectations and was deemed as a successful visit of sticking to good-neighborliness, deepening solidarity and mutual trust and seeking mutual benefit and win-win outcome, Yang said. Hu's tour will have a significant and far-reaching influence on upgrading China's relations with the three countries, promoting a long-term, healthy and stable development of the SCO and building up regional and international harmony, Yang concluded.
BEIJING, Sept.1 (Xinhua) -- China's securities watchdog on Monday required fund companies to make their information release more transparent and rolled out a draft regulation on brokers, its latest moves to boost the healthy development of the country's stock market. The information of stock-oriented funds, such as their periodic results, would be regularly publicized on the website of the China Securities Regulatory Commission, according to a standard format in the eXtensible Business Reporting Language (XBRL), starting from Jan. 1 next year, the CSRC said in a statement on Monday night. "The move was to further improve the quality of information release by fund companies," said the CSRC. The new rule was expected to help third-party agencies to appraise and supervise the management of fund companies. Previously it was difficult for a third party to collect and analyze the first-hand information of funds, which was not available to all. Meanwhile, the CSRC said a new regulation on securities brokers would prohibit them from surpassing their authority by manipulating customers' accounts or providing investment counseling. The dealers would also be forbidden to "offer or spread false, misleading information", or "tempt customers to make unnecessary deals," said the CSRC. Nor could they make agreements on sharing investment proceeds with customers, or promise gains or compensation for losses. "It was aimed at protecting the legal interests of fund investors and ward off risks caused by ill regulation of securities dealers," said the CSRC in a separate statement. The watchdog's actions were part of China's recent efforts to straighten out the stock market order and lay a sound foundation for a long-term development. The CSRC announced earlier this month it would raise the refinancing threshold for listed companies, saying the dividend they pay to shareholders in the recent three years should be no less than 30 percent of its distributed profits, compared with the previous set line of 20 percent. Refinancing plans of listed companies had led to share price declines and complaints in China as liquidity concerns loomed over the stock market. Investors also blamed their losses on insider trading and opacity of fund companies. Last week, a draft amendment to the Criminal Law was submitted to China's top legislature, stating that employees of financial institutes will face criminal prosecution for insider trading. Currently there were no relevant provisions in the Criminal Law. China's benchmark Shanghai Composite Index has shed more than 60 percent from its peak in mid October last year. In the first half, 364 funds in the country incurred a record loss of 1.08 trillion yuan (about 154 billion U.S. dollars), more than 90 percent coming from stock-oriented or hybrid funds, according to statistics from the TX Investment Consulting Co..