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WUHAN, Nov.15 (Xinhua) -- Russia and India Monday reiterated their readiness to coordinate with China as it prepares for the third BRIC Summit and related events in 2011.Russian Foreign Minister Sergei Lavrov and Indian Minister of External Affairs SM Krishna made the statements when they met with Yang Jiechi, Chinese Foreign Minister, on Monday.The ministers expressed their determination to work toward strengthening cooperation within the BRIC group, which was acquiring growing importance.During the meeting, Yang said the three countries could cooperate more in safeguarding security in the Asia-Pacific region.Yang said they should insist on common security, resolve disputes in a peaceful way and work together on non-traditional threats to make further efforts on regional security cooperation.The foreign ministers agreed to push forward trilateral practical cooperation and decided the next trilateral foreign ministers' meeting would be held in Russia in 2011."BRIC" is an acronym for Brazil, Russia, India and China.In recent years, the four nations have strengthened dialogue and cooperation, and held frequent exchanges of views on major issues in the international economic and development fields.During the second BRIC Summit in Brazil this year, Chinese President Hu Jintao announced the next BRIC Summit would be held in China in 2011.

WASHINGTON, Dec. 14 (Xinhua) -- China and the United States on Tuesday kicked off their annual trade talks in Washington D.C..Visiting Chinese Vice Premier Wang Qishan co-chaired the 21st Joint Commission on Commerce and Trade (JCCT) meeting with U.S. Commerce Secretary Gary Locke and Trade Representative Ron Kirk.High-ranking officials of both countries started their talks in small groups on Tuesday afternoon.Chinese Vice Premier Wang Qishan (L) shakes hands with U.S. Commerce Secretary Gary Locke prior to their meeting in Washington D.C, capital of the United States, Dec. 14, 2010. High-ranking officials of China and the United States started their talks in small groups here on Tuesday afternoon as part of the 21st Joint Commission on Commerce and Trade (JCCT) meeting.The plenary session of the 21st JCCT meeting will be held on Wednesday. In addition to talks on investment, trade, intellectual property right and other issues, it is expected that the two sides will sign a number of bilateral agreements on governmental cooperation at the talks later that day.The JCCT began in 1983 as a platform for both countries to promote trade and address issues of mutual concern.The 20th JCCT was held in east China's Hangzhou City on Oct. 28- 29, 2009.

SEOUL, Nov. 12 (Xinhua) -- Chinese President Hu Jintao and leaders of other Group of 20 (G20) members gathered here Friday to address the challenges to the ongoing global economic recovery and work out strategies to achieve strong, sustainable and balanced global growth.President Hu, who participated in the G20 summits in Washington in 2008, in London and Pittsburgh in 2009, and in Toronto last June, is expected to expound China's stand on the major issues to be discussed at the fifth meeting in the South Korean capital, according to Chinese officials.At the Seoul summit, the leaders will discuss the world economic situation, the "Framework for Strong, Sustainable and Balanced global growth," the reform of global financial institutions, the strengthening of financial regulations, a global financial safety net and development issues.Chinese President Hu Jintao attends the inauguration of the Group of 20 (G20) Summit in Seoul, capital of South Korea, Nov. 12, 2010."The G20 summit to be held in Seoul, South Korea, is the first one of its kind to be held in an emerging economy and in Asia, hence it is of great significance to the development of the G20 mechanism," President Hu said in a written interview with South Korean media last Tuesday.Hu said the Seoul summit should focus on the following issues:-- To continue to strengthen coordination of macro-economic policies using an "in-the-same-boat" spirit and mutually beneficial and win-win principles, and to send to the market positive signals that G20 members were unified in tackling the great challenges of the world economy so market confidence could rally and the momentum of the world economic recovery would be secured.-- To push forward the reforms of the international financial system, to strengthen supervision of the international financial market, and to increase the say and the representation of emerging and developing countries in international financial institutions.-- To push forward a solution to the unbalanced development between developed and developing countries and to provide political support to the realization of UN Millennium Development Goals.-- To oppose trade protectionism and to push forward the Doha Round of World Trade Organization talks to achieve comprehensive and balanced results and its development goals.The previous four G20 summits formulated measures to deal with the international financial crisis. The summits have played an important role in returning the world economy to growth, stabilizing international financial markets and ensuring the confidence of the public and business.When they met last June in Toronto, the G20 leaders agreed on the importance of safeguarding and strengthening the recovery while laying the foundation for strong, sustainable and balanced growth, and strengthening the financial systems.At the Seoul Summit, according to the host South Korea, the G20 will build on past agreements, while introducing new agenda items that support the same fundamental goals.The G20 was established in 1999 to bring together strategically important industrialized and developing economies to discuss key issues in the global economy.It includes Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United States, and the European Union (EU).Together, G20 members represent around 90 percent of global gross national product, 80 percent of world trade (including EU intra-trade) and two-thirds of the world's population.

GABORONE, Nov. 22 (Xinhua) -- Chinese Vice President Xi Jinping said here on Monday that China is satisfied with its relations with Botswana.In a meeting with Botswana's President Ian Khama, Xi said the bilateral ties have developed steadily and fruitfully and that both sides have kept close coordination in the international arena.Xi, who arrived in Gaborone on Saturday for an official visit, noted that bilateral economic cooperation has maintained a good momentum in recent years, and Botswana has become one of China's vital partners in Africa."The Chinese side is satisfied with the development of bilateral ties," Xi was quoted as saying by a press release issued by the Chinese delegation.He said China values its ties with Botswana, noting that China will continue to enhance political trust, expand economic cooperation and strengthen people-to-people and cultural exchange with Botswana."I believe the China-Botswana friendly cooperation is sure to have a promising future," he said.The Chinese vice president also praised Botswana for its active role in the Forum on China-Africa Cooperation, calling for joint efforts to push forward the smooth development of the forum.Botswana is the final leg of Xi's four-nation trip to Asia and Africa. Xi and Chinese delegation left Gaborone right after the meeting.

BEIJING, Nov. 9 (Xinhua) -- The third China-UK Economic and Financial Dialogue concluded here Tuesday, with both sides coming out of it committed to a range of policies to return the world economy back to strong and sustainable growth.While addressing the press after the one-day dialogue, Chinese Vice Premier Wang Qishan, who hosted the talks, said both China and the UK agreed the world should "jointly promote strong, sustainable and balanced global growth."According to the combined policy outcomes of the talks, both sides have recognized although the global economic recovery is underway, it remains uneven.The two nations "pledged to continue implementing economic policies conducive to sustainable economic growth," while "the UK has committed to a clear, credible, ambitious and growth-friendly medium-term fiscal consolidation plan," said the document.Chinese Vice Premier Wang Qishan (L) and UK Chancellor of the Exchequer George Osborne pose for photos during a press conference after the third China-UK Economic and Financial Dialogue in Beijing, capital of China, Nov. 9, 2010. Wang Qishan and George Osborne co-chaired the third China-UK Economic and Financial Dialogue here Tuesday. China, for its part, is committed to speeding up transformation of its economic development pattern and further strengthening the "role of domestic demand" in boosting economic growth.The upcoming Group of 20 (G20) summit in Republic of Korea (ROK)'s capital of Seoul was also highlighted in the bilateral discussion.Strongly supporting the G20 as the major forum for their international economic cooperation, the two countries welcomed the ambitious agreement reached by the G20 Finance Ministers and Central Bank Governors at Gyeongju, ROK, to reform the IMF's quota and governance.These reforms aim to help deliver a more "effective, credible and legitimate IMF, and enable the IMF to play its role in supporting the operation of the international monetary and financial system."The policy outcomes also call for further bilateral ties in trade and investment, including high technology and infrastructure."The UK is already one of the most open economies in the world to trade and inward investment and welcomes more Chinese investment, including from sovereign wealth funds," said UK Chancellor of the Exchequer George Osborne who co-chaired the talks with Wang.Both China and the UK said they would resist all forms of protectionism, and continue working together to further lower trade barriers and make efforts for a comprehensive and balanced conclusion to the Doha Development Round.The UK also reaffirmed its support for China's full market economy status at as early a date as possible and will continue to play a constructive role to encourage EU recognition.The two nations also vowed to drive forward the reforms of international financial regulation and supervisory standards, and to enhance transparency and accountability in the financial sector.