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ADDIS ABABA, Dec. 13 (Xinhua) -- Ethiopian Minister of Finance and Economic Development Sufian Ahmed and a Chinese delegation led by Liu Liange, deputy president of Export-Import Bank of China (China Eximbank), on Monday discussed projects financed by the EximBank here in Addis Ababa, Ethiopia.The two sides exchanged ideas on ways of enhancing cooperation in infrastructure development and other sectors. Speaking at the discussion, Sufian said the two countries have been enjoying good relations in all sectors.He said China has forged good relations with the African continent in general and Ethiopia in particular."Particularly the relations between the two countries are increasing from time to time...We also thank the supporting hand of the Chinese government and the Chinese institutions. Exim Bank is one of the Chinese institutions we are working closely with," said Sufian.Liu Liange, on his part, said China has attached great importance to the China-Africa relations.He also said the state-owned China Eximbank would continue working in cooperation with Ethiopia.Sufian Ahmed told Xinhua after the discussion that they had fruitful talks with the Chinese delegation.He said they had agreed to further enhance cooperation between the two sides.
TIANJIN, Dec. 31 (Xinhua) -- A subway train of six cars being assembled rolled off a production line Friday at a production base in north China's Tianjin Municipality, according to China South Locomotive & Rolling Stock Corporation (CSR).The subway train is the first of the kind ever produced at the CSR Tianjin Industrial Park, said CSR's chairman, Zhao Xiaogang.The train, designed to run at a speed of 80 km per hour, has a holding capacity of 1,800 passengers. It will will be used in Tianjin's Subway Line 3, which will begin service in 2011.The production base, with an initial investment of 3 billion yuan (455 million U.S. dollars), can produce 100 to 200 trains a year. It will attain a capacity of producing 500 trains annually in the next five years, according to Zhao.Analysts say the base's first product marked Tianjin's efforts to encourage the development of modern and more advanced industries in the city.The production base will boost the development of emerging industries in Tianjin and contribute to China's economic transformation, Zhao said.CSR, a state-owned company with more than 80,000 employees, produces about 70 percent of all high-speed trains China.

BEIJING, Dec.23 (Xinhua) -- China is tightening regulation on foreign investment in the real estate sector to crack down on speculation, according to a statement from the Ministry of Commerce(MOC) on Thursday.The ministry urges local authorities to increase checks and supervision on property investment that involved foreign investors and strengthen risk controls on the sector, said the statement posted on the MOC web site.According to the statement, foreign-funded developers are not allowed to make profits through buying and reselling real estate projects, which will be strictly monitored by the MOC along with the Ministry of Land and Resources and the State Administration of Foreign Exchange.The ministry also required local authorities to tighten scrutiny over foreign-funded investment companies and not to allow those companies to enter the real estate businesses, while closely examining the exact amount of foreign funds used in new real estate projects.Foreign direct investment(FDI) into China's property sector jumped 48 percent to 20.1 billion U.S. dollars in the first eleven months of this year, compared to a 17.73 percent growth in the total FDI in the same period, according to earlier MOC data.China introduced a group of measures to crack down on property market speculation and rein in skyrocketing home prices since the beginning of this year, including prohibiting the issuance of mortgage loans for third home purchases and raising down-payments.The government is also guarding against possible "hot money" inflows that might complicate China's policy to fight inflation.Property prices in 70 major Chinese cities rose 0.3 percent in November, month on month, and 7.7 percent year on year, according to the National Bureau of Statistics.
HANOI, Nov. 27 (Xinhua) -- Chinese and Vietnamese defense ministries held their fourth defense and security consultation here on Thursday.The consultation was chaired by Deputy Chief of the Chinese People's Liberation Army General Staff Ma Xiaotian and Vietnamese Deputy Defense Minister Nguyen Tri Vinh.At the consultation, the two sides exchanged views on regional security, bilateral relations and bilateral military ties, and other issues of mutual concern.The two sides spoke highly of the defense and security consultation mechanism, holding that it is an effective measure to push forward bilateral relations and bilateral military ties and should be fully utilized. Deputy Chief of the Chinese People's Liberation Army General Staff Ma Xiaotian (2nd L) and Vietnamese Deputy Defense Minister Nguyen Tri Vinh (2nd R) chair the fourth China-Vietnam Defense and Security Consultation in Hanoi, Vietnam, Nov. 27, 2010. Chinese and Vietnamese defense ministries held their fourth defense and security consultation here on Thursday , during which the two sides exchanged views on regional security, bilateral relations and bilateral military ties, and other issues of mutual concern.Both sides said they cherished traditional friendship between China and Vietnam, and vowed to further strengthen political mutual trust, enhance cooperation and properly settle sensitive issues that could have an influence on bilateral relations or bilateral military ties.The two sides vowed to strengthen exchanges and coordination in international affairs, speed up efforts in handling difference and challenges, and make joint efforts to safeguard regional peace, security and stability.
BEIJING, Dec. 12 (Xinhua) -- China seeks a win-win partnership featuring equality and mutual trust with the United States, as the two countries' interests are deeply correlated in the era of globalization, Chinese Foreign Minister Yang Jiechi said."Relations between China and the United States should be cooperative and win-win and not a zero-sum game," Yang said in an interview in Beijing Friday.Applauding the two countries' consensus to build a positive, cooperative and comprehensive bilateral relationship in the 21st century, Yang said China and the U.S. should boost mutual understanding and learn to trust and respect one another.Mutual understanding is the basis for cooperation and a precondition for avoiding misjudgments, Yang said, adding that China's peaceful development is not only in the interests of the Chinese people but also for the whole world.To strengthen mutual trust, the two sides should learn to respect each other's core concerns and eliminate outdated ways of thinking, said the foreign minister.China adheres to peaceful development and the opening-up strategy that highlights mutual benefit and win-win cooperation, Yang said.China and the United States should respect each other's social system and cultural tradition, and realize that the two countries are at different stages of social development, Yang said.The two countries should properly handle frictions and disputes through dialogue on equal footing, he said.Yang said the bilateral ties have not been without any dispute but "generally, the Chinese-U.S. relations have grown at a steady pace.""We urge the U.S. side to abide by the three Sino-U.S. joint communiques and the U.S.-China Joint Statement. We also urge the U.S. to respect China's sovereignty and territorial integrity and to not interfere in China's internal affairs," he said.Yang also said China and the United States should improve cooperation to boost their economy and benefit the two peoples."Protectionism, trade wars and currency wars will only be detrimental to both sides and cause trouble for bilateral ties," he added.
来源:资阳报