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HELSINKI, March 26 (Xinhua) -- Visiting Chinese Vice-President Xi Jinping on Friday held talks here with Finnish President Tarja Halonen on efforts to further cooperative relations.Xi conveyed greetings from Chinese President Hu Jintao to the Finnish president and said his visit aimed to boost bilateral ties to a new high on the basis of achievements made since diplomatic relations were established 60 years ago.Xi said Finland was one of the first Western countries that established diplomatic ties with the People's Republic of China, adding that the development of the relations was won by the hard work of several generations of leaders from both sides.  Chinese Vice President Xi Jinping (R) holds talks with Finnish President Tarja Halonen in Helsinki, Finland, March 26, 2010He said bilateral ties have weathered various tests and enjoy stable development because the two sides stick to principles including equality, mutual benefit, mutual respect and non-interference in each other's internal affairs, and respect each other's core interests and major concerns.

BEIJING, May 24 -- The United States yesterday pressed China to give "fair access" for foreign companies.At the same time, China stressed the risks both economies faced from Europe's debt woes, ahead of top-level talks in Beijing.Speaking in Shanghai, a day before the start of the Strategic and Economic Dialogue, US Secretary of State Hillary Clinton stressed the importance of American economic concerns for relations with China."In the coming days, officials at the highest levels of our two governments will be discussing issues of economic balance and competition," Clinton said in a speech given in a vast hangar at Pudong International Airport.U.S. Secretary of State Hillary Clinton gives a speech during her visit to Boeing Shanghai Aviation Services Co., Ltd. in Shanghai, east China, May 23, 2010."American companies want to compete in China," she said in front of a Boeing 737. "They want to sell goods made by American workers to Chinese consumers with rising income and increasing demand."Clinton's remarks underscored how large economic concerns will loom at the two-day meeting, jostling for attention with other issues, including North Korea.The US annual trade gap with China fell to US6.8 billion in 2009, down from a record US8 billion in 2008. But the Obama administration is keen to lift exports and employment, and the deficit remains a friction point.In comments published yesterday, China's Finance Minister Xie Xuren said cooperation with the US was all the more important in the face of the European debt crisis."At present, risks from European sovereign debt have increased factors of instability in the course of global economic recovery," Xie wrote an essay published in the Washington Post and on his ministry's Website.China and the US must "each protect macro-economic stability and strengthen macro-economic policy coordination, to consolidate the trend towards global economic recovery," Xie wrote.Xie's remarks jarred those of a senior US Treasury Department official who said ahead of the talks with China that Europe's crisis should have only minimal impact on the global recovery.There has been speculation that China may delay letting the yuan rise in value out of concern that its exports to Europe will suffer.

GOTEBORG, Sweden, March 28 (Xinhua) -- China's Zhejiang Geely Holding Group signed a deal worth 1.8 billion U.S. dollars with Ford Motor Co. here Sunday to acquire the U.S. auto giant's Volvo car unit.Under the definitive stock purchase deal, Geely will own 100 percent of Volvo Cars and its related assets.The agreement was inked by Li Shufu, founder and chairman of Geely, and Lewis Booth, chief financial officer of Ford, at a ceremony at the headquarters of Volvo in Goteborg, the second largest city of Sweden. Geely Chairman Li Shufu attends a press conference after the signing ceremony in Goteborg of Sweden, March 28, 2010. China's Zhejiang Geely Holding Group signed a deal with Ford Motor Co. here on Sunday on the takeover of Sweden's Volvo Cars.The ceremony was witnessed by Li Yizhong, China's minister of industry and information technology, and Maud Olofsson, Swedish deputy prime minister and minister for enterprise and energy.The agreement provides a solid foundation for Volvo to continue to build its business under Geely's ownership, said Booth at the ceremony."China, the largest car market in the world, will become Volvo's second home market. Volvo will be uniquely-positioned as a world-leading premium brand, tapping into the opportunities in the fast-growing China market," said Li.Geely has secured all necessary financing to complete the transaction, he said, adding that Geely intends to preserve Volvo Cars'existing manufacturing facilities in Sweden and Belgium, and explore opportunities to manufacture Volvo vehicles in China for the local market. Geely Chairman Li Shufu (FRONT L) shakes hands with CFO of Ford Motor Company, Lewis Booth (FRONT R) after signing a deal in Goteborg of Sweden, March 28, 2010. China's Zhejiang Geely Holding Group signed a deal with Ford Motor Co. here on Sunday on the takeover of Sweden's Volvo Cars.Li promised that Geely will maintain the strong collaborative relations that Volvo has built with employees, unions, suppliers, dealers and above all, customers.Volvo Cars will eventually become a separate company with its own management team based in Goteborg and a new board of directors, he told reporters after the ceremony.Volvo, which has about 22,000 workers around the world including 16,000 in Sweden, was purchased by Ford in 1999 for about 6.4 billion dollars.But Ford has been attempting to sell Volvo since late 2008, due to its poor market performance. Geely was named as the preferred bidder for the Swedish subsidiary in October 2009.Geely, which started to manufacture cars in 1998, is a major private automaker in China, with its headquarters based in southeast China's Zhejiang province. Geely Holding Group is the parent company of Geely Automobile Holdings.Besides Ford, some other Western auto giants are also seeking buyers in China. Beijing Automotive Industry Holdings has agreed to buy some powertrain technology from General Motors Co.'s Swedish Saab unit. 

BEIJING, May 4 (Xinhua) -- China and Japan "contacted" and exchanged views on the East China Sea issue in Beijing on Tuesday, said a statement from the Chinese Foreign Ministry."The two sides exchanged views on relevant issues, considered the contact beneficial and agreed to continue to maintain contacts and make joint efforts," said the statement.This was the first director general-level, or bureau chief-level, contact since the two countries reached principled consensus on the East China Sea issue in June 2008.

XIANGNING, Shanxi, April 5 (Xinhua) –- Chinese President Hu Jintao and Premier Wen Jiabao conveyed sympathy to the nine coal miners who were safely taken out of the Wangjialing Coal Mine in north China's Shanxi Province Monday morning.Luo Lin, head of the State Administration of Work Safety, read a telegraph of Vice Premier Zhang Dejiang on the site. In the letter, Zhang expressed sympathy to the survivors on behalf of Chinese President Hu Jintao and Premier Wen Jiabao and ordered rescue workers to race against time and go all out to continue the rescue work.The nine survivors lifted out of the shaft were immediately sent to a nearby hospital for medical treatment.Underground water gushed into the pit of under-construction Wangjialing Coal Mine at about 1:40 p.m. last Sunday. Altogether 261 miners were working underground, and 108 were lifted to safety.