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STOCKHOLM, Sept. 15 (Xinhua) -- Iceland's President Olafur Ragnar Grimsson Wednesday said that Iceland's government and people sincerely appreciate China's precious support to Iceland in dealing with financial crisis and treat China as a trustworthy friend and important cooperation partner, according to a report reaching here from Reykjavik."Iceland is willing to strengthen cooperation with China in various fields including geothermal energy, earthquake monitoring, culture and tourism. Iceland will take the 40th anniversary of Iceland-China diplomatic relations as an opportunity to promote bilateral relations to a new stage," Grimsson said in a meeting with Liu Qi, a high-ranking 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 Iceland on Monday after his three-day visit to Sweden.Liu said that with the close and frequent high level mutual visits in recent years, political trust between the two sides has been strengthened."The two sides have had fruitful mutually beneficial cooperation in financial, fishery, geothermal energy and hydropower fields and conducted active educational, scientific and technological and cultural exchanges. The two countries have communicated and coordinated very well in international affairs," Liu said.Liu believed that there will be broad prospect for the two sides to cooperate in trade, cultural and new energy areas."China has attached great importance to Sino-Icelandic relations and is willing to further expand exchanges and cooperation with Iceland in various fields to promote bilateral friendly relations to a new level," Liu stressed.During his visit in Iceland, Liu also met Iceland's Minister for Foreign Affairs and External Trade Ossur Skarphedinsson and Mayor of Reykjavik Jon Gnarr. He also inspected a geothermal power station and a high-tech enterprise.Liu left Iceland on Wednesday night for Holland and he will visit Switzerland after his tour in the Netherlands.

HANOI, Oct. 11 (Xinhua) -- U.S. Defense Secretary Robert Gates on Monday accepted an invitation to visit China early next year, a Chinese official said.Chinese Defense Minister Liang Guanglie extended the invitation during his talks here with Gates, Guan Youfei, a Chinese Defense Ministry official, told a press conference.Although very brief, the meeting showed that both sides attach great importance to developing military ties between the two countries, and was helpful to enhance mutual understanding and trust, he said.The tete-a-tete between the two defense chiefs was their first since bilateral military ties soured in January following Pentagon's decision to sell a 6.4-billion-dollar arms package to China's Taiwan province.While noting the setback, Guan said that ties between the two militaries have never ceased moving forward, and dialogues and exchanges under some established frameworks will continue.Beijing and Washington will hold their annual consultations on maritime security in Hawaii later this week, which will be followed by a new round of annual defense consultations in Washington, he added.The schedule has not been fixed for the Washington meeting, which is to be co-hosted by Deputy Chief of the General Staff of the Chinese People's Liberation Army Ma Xiaotian and U.S. Under-Secretary of Defense Michele Flournoy, Guan said.Commenting on the on-again-off-again military ties between China and the United States, Guan stressed that the main obstacle is Washington's arms sales to Taiwan.During talks with Gates, the Chinese defense minister said it is important for the two countries to respect each other's core interests and major concerns, consolidate mutual trust and decrease suspicion and misjudgment, and properly settle differences and sensitive issues in order to keep bilateral military ties in a healthy track.

BEIJING, Oct. 11 (Xinhua) -- China on Monday vowed to continue its financial support to reconstruction projects in areas ravaged by the major Wenchuan earthquake in 2008, promising lower rates on loans and demanding an easier deposit reserve requirement ratio from banks in the regions.The new pledge came in a joint statement on the website of the People's Bank of China, or the central bank, which announced the continued financial support along with the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.Banks in the quake-hit areas should continue to provide financial support and services to reconstruction projects in the regions, as post-earthquake reconstruction is still in a critical period, the statement said.The magnitude-8.0 quake, with its epicenter in Wenchuan in southwest China's Sichuan Province, left more than 87,000 people dead or missing and more than 374,640 injured. Millions of houses were also flattened during the major quake."We should keep the continuity and stability of our financial support to the regions and make our financial services better targeted and more effective," it said.According to the statement, local banks in the quake-hit areas will continue to enjoy a lower deposit reserve requirement ratio, compared with elsewhere, until June 30, 2011, and such banks will also be exempt from any hike of the reserve requirement ratio during this period.The statement ordered local bank branches in the quake-hit areas to provide prioritized financial services to projects in fields of infrastructure facilities, agriculture, medium and small enterprises, as well as ecological and environmental protection in the region.China's central bank and banking, securities and insurance regulators encourage eligible companies in the quake-hit regions to widen their finance channels through inter-bank short-term bond issuances, bills and other financial instruments, according to the statement.Also, local banks' preferential policies on loans to home reconstruction would remain unchanged in the quake-hit regions, it said.However, loans to projects with high consumption of energy and heavy pollution must be strictly controlled in a bid to facilitate energy-savings and reduce carbon dioxide emissions in the region, according to the statement.Chinese lenders had extended 172.4 billion yuan (25.35 billion U.S. dollars) loans for relief and reconstruction in regions devastated in the earthquake by the end of the first quarter, according to the central bank's figures released in May this year.Outstanding loans at banks in quake-hit provinces, including Sichuan, Shaanxi and Gansu, surged 34 percent year on year to 2.29 trillion yuan at the end of March.

BRUSSELS, Oct. 5 (Xinhua) -- Premier Wen Jiabao reaffirmed Chinese positions and perspectives on issues such as strengthening global financial and economic regulation and promoting sustainable development at the eighth Asia-Europe Meeting (ASEM) held here on Monday and Tuesday.Wen said currently the world economy sees slow recovery but still faces great uncertainty.All countries should continue to prioritize consolidating the momentum of the economic recovery and maintain proper macroeconomic policies. They should also take prudent and sound approach to decide when and how fast they should apply the exit policy, Wen said.The ASEM members should enhance cooperation to strengthen global financial and economic regulation, tackle the root cause of the international financial and economic crisis and promote the vigorous, sustainable and balanced growth of the world economy.China will continue to support the European countries beset with the sovereign debt crisis and help them overcome the difficulties, the premier said.Wen said the Chinese government has always paid great attention to the global warming issue.Under the extremely difficult circumstances of the global financial crisis, the Chinese government is still working hard and this year China is expected to fulfill the basic target of reducing energy consumption per unit of gross domestic product, he said.China is willing to continue to provide support in its capacity for other developing countries on fighting global warming within the frameworks of South-South cooperation and bilateral cooperation, he said.Beijing will, as always, play a positive and constructive role to work together with other countries for comprehensive, balanced and binding results at a major conference on climate change scheduled for later this year in Cancun, Mexico, Wen said.The premier said currently global issues such as energy and food security, natural disaster, terrorism and piracy pose a serious threat to the economic development and social stability in Asia and Europe.Countries should join hands to tackle food security, a pressing task that needed to be solved as a top priority, Wen said.Therefore, Wen said, countries should make every effort to raise grain production, which was the key to solving food security, strengthen agricultural policy coordination, consistently improve agricultural products trade environment, actively push forward exchange and cooperation in agricultural science and technology, try hard to boost the capability in preventing and fighting natural disasters and enhance food assistance to developing countries that suffer from food shortage.

MUSCAT, Nov. 5 (Xinhua) -- A top Chinese delegation will sign agreements on two-way investment and personnel training with Oman amid efforts to deepen the cooperation between China and the Gulf oil-rich Sultanate, Chinese ambassador to Oman Pan Weifang said Friday.Jia Qinglin, China's top political advisor, will pay a three- day good-will visit to Oman starting from Saturday. This is a visit of the highest level in 11 years in the history of bilateral relations, ambassador Pan told Xinhua ahead of the visit.The delegation will meet Omani Sultan Qabus bin Said al-Said, deputy prime minister and other ministers and sign the important agreements during the visit, he said."I am very pleased to see that the senior Chinese leader will meet with His Majesty Sultan Qabus as the friendly Omani people are celebrating the 40th National Day," Pan said. "I believe Jia's visit will be another milestone in promoting the friendly cooperation, which has been valued in the long traditions of each country."An agreement will also be signed to build a monument for Zheng He, China's ancient seafaring hero whose fleets arrived in Oman for four times and visited Oman's southern area of Dhofar about 600 years ago.The voyage witnessed large amount of goods exchanges, such as china, silk and tea from China to Oman and frankincense, dates and Arabian horses from Oman to China.Nowadays, as the Sultanate's largest trade partner, China is ready to contribute to Omani government's drive to diversify the sources of revenue, 70 percent of which derives from oil and gas.Amid efforts for economic multi-polarization, Oman will develop non-oil sectors including infrastructure, renewable energies, tourism and finance, Pan said. "China and Oman will become essential partners in these fields.""Oman's free trade zones in Sohar, Salalah and Duqm will also attract and facilitate China's investment in Oman," he added.Recently, Chinese companies participated in the construction of a one-billion-U.S. dollar power plant project in the southern Salalah, which will begin generating electricity in 2012. As more Chinese investors are willing to start their businesses, the Bank of China opened a "China desk" in Bank Muscat, Oman's largest lender, to finance infrastructure projects.Chinese travel agencies are keen to develop tourist routes in the Sultanate, which is very rich with spectacular landscapes, archaeological sites and historical monuments, Pan said, adding that an agreement was signed to encourage tourism between Oman and China.About 5,000 Omani people go to China to do business and travel every year. During the Shanghai Expo, more than 10 ministers of Omani government went to China for a visit. "All these mirror the strong tie between the two countries," Pan noted.China is the largest buyer of Oman's crude oil. The bilateral trade reached 7.1 billion U.S. dollars in the first eight months this year, a 60 percent year-on-year increase.