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VIENNA, July 25 (Xinhua) -- Visiting Chinese Foreign Minister Yang Jiechi said here on Sunday mutual trust, support and enhanced cooperation are needed in the development of Sino-EU relations.Yang made the remark during talks with his Austrian counterpart Michael Spindelegger, during which they exchanged views on Sino- European relations.Yang said China and the European Union, while the biggest developing country and the biggest bloc of developed countries respectively, are also two major economies in the world. The two sides have neither fundamental conflict of interests, nor unresolved historical issues. Both sides believe in multilateralism and cultural diversity. Both support free trade. The two sides share broad common interests in tackling global climate change, driving world economy towards an early revival, and improving global management.China and Europe are major players in promoting world peace and development, Yang noted.Chinese Foreign Minister Yang Jiechi holds talks with his Austrian counterpart Michael Spindelegger in Vienna, capital of Austria, on July 25, 2010.Yang pointed out China and Europe are currently each in their own vital phase of development. With the international situation going through profound changes and ever-growing global challenges of various sorts, China and Europe need mutual trust, support and strengthened cooperation, Yang added.He said China attaches great importance to the development of comprehensive strategic partnership with EU and is willing to make joint efforts with EU in three aspects in order to improve the partnership.Firstly, keep up high-level visits and communications, strengthening mutual political trust.Secondly, strengthen parliamentary, party and people-to-people communications, consolidating public opinion and social foundations in the development of Sino-Eu relations.Thirdly, comprehensively push forward pragmatic cooperation, especially in areas of trade, high and new technology, green economy, standing together against trade protectionism, so as to achieve mutually beneficial and win-win situation.Yang also noted that the 13th meeting between Chinese and EU leaders, planned by both sides, and due to be held in October, is an important opportunity to define future Sino-EU relations. China would like to strengthen communication with EU, so the meeting could achieve positive results.Spindelegger said Austria was willing to play an active part in enhancing the development of Sino-EU relations.

BEIJING, June 17 (Xinhua) -- China and Pakistan pledged to strengthen defense ties Thursday at a meeting between Chinese Defense Minister Liang Guanglie and visiting Pakistani Chief of Army Staff Ashfaq Parvez Kayani."Cooperation between the Chinese and Pakistani armed forces is exemplary and has been fruitful," Liang, also a state councilor, said during the meeting at Diaoyutai Guest House Thursday morning.Liang said the two sides should make continuous efforts to conduct their cooperation programs well.He said China would join hands with Pakistan to bring military relations to a new high.Kayani said Pakistan values its defense and security cooperation with China, noting that the two countries have cooperated fruitfully in national defense industries in recent years.He added Pakistan would further strengthen exchange and cooperation with China.Kayani also met with Chinese State Councilor and Minister for Public Security Meng Jianzhu, top Chinese legislator Wu Bangguo, and Vice Chairman of China's Central Military Commission Guo Boxiong later Thursday.During the meeting with Meng Jianzhu, the two sides discussed bilateral cooperation in law enforcement and security.Hailing results achieved in the two fields, Meng pointed out Pakistan's active efforts in cooperating with China, including in anti-terrorism. He said he believed that the China-Pakistan cooperation in law enforcement and security would continue to develop with the joint efforts from both sides.Kayani echoed Meng saying the Pakistani government and its armed forces attached much importance to the strategic cooperation with China, and the government would further enhance it.During a meeting with Guo Boxiong, the senior officer of the People's Liberation Army of China stressed the importance of strategic communication between China and Pakistan.Guo said the all-weather friendship between the two countries has endured major international challenges. Facing the changing international and regional security situation, the two sides should strengthen strategic communication, deepen substantial cooperation and make positive contributions to regional peace and prosperity.Kayani said Pakistan valued and was proud of its traditional friendship with China.

BEIJING, June 11 (Xinhua) -- Urban fixed assets investment in China for the first five months rose 25.9 percent year on year to 6.74 trillion yuan (986.76 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Friday.The growth rate was 0.2 percentage points down from that for the first four months, according to figures released by the NBS.In the first five months, central government project investment was 540 billion yuan, up 14.1 percent year on year; investment by local governments soared 27 percent to 6.2 trillion yuan.Investment in railways construction and transportation climbed 20.4 percent to 161.1 billion yuan during the same period.The government is reportedly planning to spend 700 billion yuan on high-speed railway construction this year.Total investment in the primary sector (including farming, fishing and forestry) expanded 16.1 percent from a year earlier.The industrial sector saw investment up 22.4 percent and investment in the tertiary sector, which covers commerce, finance and services, was up 28.8 percent.Property market investment grew 38.2 percent to 1.39 trillion yuan in the first five months, 2 percentage points higher than the figure for the first four months, according to NBS data.

BEIJING, Aug. 4 (Xinhuanet) -- Rising domestic iron ore production and slowing steel demand have hit some foreign miners and affected the global market, industry leaders said on Tuesday.China's iron ore imports dropped for the third straight month to 47.2 million tons in June, while spot prices have dropped to about 2 per ton after peaking at 5 per ton in April.The country's iron ore imports rose 4 percent year-on-year in the first half of this year, figures from the China Iron & Steel Association (CISA) showed. But domestic ore output increased by 28 percent year-on-year to 485 million tons in the same period, with output rising 37.6 percent in the second quarter from the first quarter."Rising domestic ore production is the main factor that drove down imports, largely impacting supply and demand on the global market," CISA vice-chairman Luo Bingsheng said.The figures form part of the bad news for international mining companies in Australia and Brazil that provide more than half of the ores to China.Iron ore imports from Australia, Brazil and India accounted for 62.3 percent of the country's total ore consumption last year.Brazilian company Vale already predicted in June that the share of imported ores in China would drop this year.About 40 percent of Chinese steel mills have to make cutbacks or put plants on maintenance, blaming increasing costs of imported ores and declining steel prices. Oversupply in the industry will continue to lower production, further driving down ore imports in the third quarter, Luo said.The CISA will also reduce the number of licensed iron ore importers to regulate the imported ore market."We will announce new rules for the industry soon, which include higher standards on the environment, energy consumption and capital requirement," Luo said.

MELBOURNE, Australia, June 19 (Xinhua) -- Visiting Chinese Vice President Xi Jinping met with John Brumby, Premier of Victoria state later Saturday.Xi Jinping, who is visiting Australia at the invitation of Prime Minister Kevin Rudd, said his visit aims to enhance mutual trust and friendship, promote extensive exchanges and cooperation and he is to meet Australian leaders and friends of different sectors during the visit.Xi said exchanges and cooperation at state and province level are important to bilateral relations. In recent years, friendly cooperation between Victoria state and China has achieved positive results, especially in trade and education sectors.(Xinhua/Liu Weibing) (ypf)" hspace="0" src="/d/file/p/2010/06/e99cfd599976853f5e524c867d176e88.jpg" border="0" />Chinese Vice President Xi Jinping (R) meets with Australia's Victorian Premier John Brumby in Melbourne, Australia, June 19, 2010. Xi arrived at Melbourne on Saturday afternoon, starting his official visit to Australia, the last leg of his four-nation visitsXi said the Chinese government and relevant provinces and cities in China attach great importance to further exchange and cooperation with the state of Victoria.He said joint efforts can be made in technological cooperation, especially the high technology sector, research and manufacturing of clean energy automobiles. The two sides can make the most of their high level of complementary properties of trade and investment relations and at the same time deepen cooperation in agriculture.People-to-people relations are also important, Xi said, adding that the two sides need to further encourage education and travel by having more university-level exchanges, training, visiting scholar programs, technological and educational cooperation.Xi said this year's Shanghai World Expo, the year of Australian culture in Beijing as well as next year's China year in Australia are providing opportunities for more people-to-people exchanges and links. He said with joint efforts, friendly cooperation between Victoria and China will provide genuine benefits to the peoples.Premier Brumby gave Vice President Xi a warm welcome for making Melbourne the first leg of his visit to Australia. Brumby said, given cooperation in extensive areas, relations between Australia and China enjoy a strong trend. The existing cooperation in energy, resources, mineral, culture, education and travel has been very fruitful.