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WASHINGTON, Oct. 22 (Xinhua) -- The military-to-military ties between the United States and China have a vital role to play in the development of an active, cooperative and comprehensive bilateral relationship, Secretary of State Hillary Clinton told retired generals from both countries here on Thursday. In a meeting with participants of an exchange forum between retired generals of the two countries, Clinton said President Barack Obama attaches great importance to the growth of interactions between the two militaries. Exchanges between retired generals of the two militaries, Clinton said, could play an important role in facilitating a healthy development of military-to-military relationship between the United States and China. Kurt Campbell, assistant secretary of state for East Asian and Pacific Affairs, said at a separate meeting with the retired generals that the Obama administration fully supports exchanges of this kind and hopes that such interactions could continue on a regular basis. Through in-depth and extensive dialogues of this kind, Campbell said, the two militaries could increase mutual understanding and trust and promote growth of constructive cooperation between the two sides. Xiong Guangkai, former vice-chief of general staff of the Chinese People's Liberation Army, is heading the Chinese delegation.
BEIJING, Nov. 9 (Xinhua) -- China will raise gasoline and diesel prices both by 480 yuan (70.28 U.S. dollars) per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced on its website Monday. The benchmark price of gasoline will be 7,100 yuan a tonne and that of diesel 6,360 yuan a tonne, according to the NDRC. The retail price of gasoline will climb by 0.36 yuan per liter and that of diesel will rise by 0.41 yuan per liter. The country adopted a new fuel pricing mechanism, which took effect on Jan. 1. Under the pricing mechanism, the NDRC will consider changing the benchmark retail prices of oil products when the international crude price changes more than four percent over 22 straight work days. A worker adjusts the price tag at a gas station in east China's Shanghai Municipality, early Nov. 10, 2009. China raised gasoline and diesel prices both by 480 RMB yuan (70.28 U.S. dollars) per tonne on Nov. 10 "Margins of price fluctuations are within expectation. The price hike can help relieve domestic refiners' pressure from soaring oil refining cost," said Wang Jing, an analyst on petrochemical sector with Orient Securities Company Limited. The price hike was aimed to protect oil refiners' interests, ensure market supply and help lead rational consumption to promote energy-saving and emission reduction, the NDRC said. The NDRC would take active measures to help reduce pressure brought to sectors like transportation, the NDRC said. International crude oil price might continue to rise within this year as demand would continue to grow amid global economic recovery, Wang said.

HUA HIN, Thailand, Oct. 24 (Xinhua) -- Chinese Premier Wen Jiabao on Saturday proposed strengthening cooperation between the Association of Southeast Asian Nations (ASEAN) and China, Japan and South Korea to combat the global financial crisis. "Tackling the global financial crisis should remain the top priority for countries in the region at present," Wen said at the 12th summit between ASEAN and China, Japan and South Korea (ASEAN Plus Three) at the Thai beach resort of Hua Hin. The countries within the ASEAN Plus Three system should further promote integration, peace and prosperity in the region by launching concrete cooperation efforts, he added. Chinese Premier Wen Jiabao (7th L) and other leaders pose for a group photo during the 12th summit between ASEAN and China, Japan and South Korea (10+3) in Hua Hin, Thailand, on Oct. 24, 2009. Wen said steadfast efforts should be made to tackle the global financial crisis, and appropriate fiscal and monetary policies should continue to be adopted to promote stable economic growth. Wen said he hoped the Chiang Mai Initiative Multilateralization (CMIM), a 120-billion-U.S.-dollar regional reserve pool aimed at providing emergency liquidity for countries in financial crisis, could be launched by the end of this year. He pledged 200 million dollars to the region's credit guarantee and investment fund. Countries in the region should also step up efforts to develop the Asian bond market, he said. On trade and investment within the region, Wen proposed streamlining customs clearance and investment approval procedures and expanding support for small and medium-sized enterprises. Countries in the region should take measures to move toward an East Asia Free Trade Area step by step through the ASEAN Plus One and the ASEAN Plus Three mechanisms, Wen said. China was willing to take the lead in promoting economic and trade cooperation among the countries in the ASEAN Plus Three system, he said. Wen also proposed measures aimed at boosting interconnection and intercommunication, common development and the overall competitiveness of the region. Leaders at the summit agreed that countries in the region needed to strengthen exchanges and cooperation in fields including trade, finance, energy, food security and disaster prevention and mitigation. Coordination should also be enhanced on issues such as climate change and the reform of the international financial system, they said. Wen arrived at Thailand on Friday to attend a series of meetings related to ASEAN, which groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Vietnam, and the summits' host, Thailand.
SINGAPORE, Nov. 12 (Xinhua) -- Chinese President Hu Jintao said here Thursday that China and Singapore should strive to create new opportunities for bilateral cooperation in an effort to achieve economic recovery at an early date. Hu made the remarks during a speech at a reception held by Singapore business circles, which was also attended by Singapore's Deputy Prime Minister Wong Kan Seng. Chinese President Hu Jintao delivers a speech during a reception held by Singapore business circles in Singapore, Nov. 12, 2009.The Chinese president expressed full confidence in the prospect of China-Singapore trade and economic cooperation, calling for the two nations to work together to create an even brighter future for their mutually beneficial cooperation. China and Singapore have maintained close high-level contacts and achieved fruitful cooperation in various fields since they established diplomatic ties in 1990, said Hu, who is on a state visit to Singapore. Singapore has now become an important cooperative partner of China in the ASEAN region and bilateral trade and economic cooperation between the two nations have been growing steadily, the Chinese president said. "China-Singapore cooperation has always been closely connected with the development strategy of both countries and progressed with times," Hu said. The "flagship projects" in bilateral cooperation, including the Suzhou Industrial Park and Tianjin Eco-City projects, have seen remarkable achievements and smooth progress, Hu said. He added that the implementation of a free trade arrangement between China and Singapore has helped raise the level of their economic cooperation. The friendly and mutually beneficial cooperation between China and Singapore has not only brought about substantial benefits to their people, but also helped promote regional peace, stability and prosperity, he stressed. China will staunchly adhere to the path of peaceful development and the opening-up strategy for mutual benefits and win-win situations. It will continue to develop friendly cooperation with countries around the world on the basis of the five principles of peaceful coexistence, the president said. The country will also continue to work with nations globally to strive to build a harmonious world with lasting peace and common prosperity, he said. The business circles of Singapore voiced their belief that a stable and prosperous China would bring benefits to the region and the world as a whole. They also expressed the willingness to continue to play an active role in advancing mutually beneficial cooperation and bilateral ties between Singapore and China. Trade between China and Singapore reached 52.4 billion U.S. dollars in 2008, up 10.5 percent year-on-year. Up until now, Singapore has made investments worth more than 40 billion U.S. dollar in China. It has become one of the top overseas investment destinations for Chinese companies.
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