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BEIJING, Oct. 10 (Xinhua) -- China appreciates India's decision to terminate a trade investigation into Chinese-made passenger car tires, the Ministry of Commerce (MOC) said Saturday. The decision would not only help boost the steady development of bilateral trade ties, but also benefit the downstream businesses of India, the MOC said in a statement on its website. China hoped to increase exchanges and cooperation on trade issues with the Indian government and encouraged dialogue and cooperation among industries for mutual benefit, it said. The Directorate General of Safeguards under India's Ministry of Finance initiated a safeguard investigation on passenger car tire imports from China in May, according to the statement. A safeguard duty, a temporary relief, usually takes the form of increased duties to higher than bound rate or standard rates or quantitative restrictions on imports. According to Indian government statistics, from April to December last year, India imported 20 million U.S. dollars worth of tires involved in the case from China.
BEIJING, Oct. 13 (Xinhua) -- China and Russia signed 12 agreements, including agreements on natural gas and oil, as the premiers of the two countries held their 14th regular meeting in Beijing on Tuesday. The signing ceremony was overseen by Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin after their talks in the Great Hall of the People in downtown Beijing. Prior to their talks, Wen hosted a red-carpet welcome ceremony for Putin, who is on his first official visit to China since taking office in May 2008. Chinese Premier Wen Jiabao (R Front) shakes hands with Russian Prime Minister Vladimir Putin (L Front) after signing the joint communique of the 14th regular prime ministers' talks between China and Russia, at the Great Hall of the People in Beijing, capital of China, Oct. 13, 2009The agreements include a framework agreement on Russia's export of natural gas to China, a memorandum of understanding (MOU) on high-speed train and an agreement on mutual notification of ballistic missiles and launch of carrier rockets. Wen and Putin also reached consensus on cooperation in various fields. They agreed to enhance political trust, address each other's core interests and major concerns, and support each other's efforts to safeguard sovereignty, security and territorial integrity. They agreed to deepen trade on machinery and electronic products and oppose trade protectionism. With regard to energy cooperation, they agreed to work together to make sure the oil pipeline, running from Skovorodino, Russia, to China's northeastern city of Daqing, could be completed by the end of 2010 and start stable oil supply in 2011. They said the two countries decided to launch the west and east lines of the gas project simultaneously in a bid to start supplying gas between 2014 and 2015. They agreed to enhance cooperation between localities by implementing an outline of regional cooperation between Northeast China and the Russian Far East Area and Eastern Siberia. The two sides also agreed to step up coordination in international affairs to deal with the global challenges, jointly promote the establishment of a new international financial order and improve representation of the developing countries and emerging economies. During his talks with Putin, Wen said Putin's visit at the 60thanniversary of the establishment of Sino-Russian ties is of great significance. Bilateral relations have become stable and mature since the forging of diplomatic ties 60 years ago and particularly the establishment of the Russia-China strategic cooperative partnership in 1996, Wen said. The level of political mutual trust, strategic and practical cooperation between the two countries has been improved continuously and yielded many achievements, effectively advancing the development of bilateral ties and positively influencing world peace and development, he said. The Sino-Russian relations are role models of relations between neighboring countries and relations between big powers, said Wen, adding that China is willing to work with Russia to make greater achievements in the future. Putin warmly congratulated the 60th anniversary of the founding of New China, saying China has achieved great success in various areas in the past 60 years. Russia and China have become genuine and comprehensive strategic and cooperative partners in recent years, he said. The two sides have carried out cooperation in politics, economy and international affairs with mutual trust, and the bilateral economic cooperation has withstood the test of the global financial crisis, Putin said. Chinese Premier Wen Jiabao (R Front) and Russian Prime Minister Vladimir Putin (L Front) meet the entrepreneurs' delegates who are here to attend the Fourth China-Russia Economic and Trade Summit Forum at the Great Hall of the People in Beijing, capital of China, Oct. 13, 2009. Later Tuesday, Wen and Putin also met with the business people who attended a China-Russia economic forum. Before the forum, Chinese Vice Premier Zhang Dejiang and his Russian counterpart Alexander Zhukov attended the signing of deals worth 4 billion U.S. dollars between financial institutions and enterprises of the two countries. "China-Russia trade has seen fruitful results and has brought tangible benefits to the two countries," said Wen. Wen hoped the business people from the two countries should take the opportunities and make joint efforts to tackle the global economic downturn. Chinese Premier Wen Jiabao (2nd R) and Russian Prime Minister Vladimir Putin (3rd L) meet the entrepreneurs' delegates who are here to attend the Fourth China-Russia Economic and Trade Summit Forum at the Great Hall of the People in Beijing, capital of China, Oct. 13, 2009
BERLIN, Oct. 12 (Xinhua) -- Chinese Vice President Xi Jinping held talks here on Monday with German Chancellor Angela Merkel, putting forward a five-point proposal on boosting bilateral relations between the two countries. Xi extended congratulations on the victory of Merkels' party, the Christian Democrats (CDU/CSU), in late September's general election. The vice president said Sunday marked the 37th anniversary of the establishment of diplomatic relations between the two countries, and the bilateral ties have seen outstanding progress over the past 37 years. Chinese Vice President Xi Jinping (L) shakes hands with German Chancellor Angela Merkel in Berlin, capital of Germany, Oct. 12, 2009. Currently, the relationship between China and Germany is facing new opportunities for development, Xi said. Chinese Vice President Xi Jinping (L) meets with German Chancellor Angela Merkel in Berlin, capital of Germany, Oct. 12, 2009Xi tabled a five-point proposal on boosting the sustained, steady and healthy development of the Chinese-German relationship: -- Maintain close contacts and deepen mutual political trust. Xi urged the two sides to enhance communication and cooperation through various channels and to further increase mutual understanding and political trust in line with the principle of respecting and accommodating each other's core interests. -- Deepen bilateral trade and economic cooperation, and jointly tackle the international financial crisis. Xi said two Chinese trade and investment delegations have made their way to Germany, and that he hoped the German side would also take substantial measures to support and boost bilateral trade and investment, especially in the cooperation of high-tech areas. Chinese Vice President Xi Jinping (front R) meets with German Chancellor Angela Merkel (front L) in Berlin, capital of Germany, Oct. 12, 2009-- Enhance cooperation on climate change, new energy and environment protection. -- Strengthen exchanges and cooperation in areas including culture, education, press and tourism so that the Chinese-German friendship could be more deeply rooted among the people of the two countries. Xi said the Chinese side, as the Guest of Honor for the Frankfurt Book Fair, is ready to stage various events to better introduce the Chinese culture to the German people. -- Enhance international cooperation to promote world peace and development. The Chinese government supports Germany to play a bigger role in international organizations like the UN, he said. China is also willing to keep communication and coordination with the German side on major international issues like reform of the international financial system, climate change, food and energy security, so as to jointly contribute to world peace and development, he added. Merkel, who hosted a grand welcoming ceremony in honor of Xi, agreed to Xi's five-point proposal. She said the newly-elected German government will continue to give priority to the Germany-China relations and is willing to work with China to enhance bilateral cooperation. Merkel extended congratulations on the 60th anniversary of the founding of the People's Republic of China, and hailed China's economic achievements and the stimulus package adopted to boost domestic demands since last year. Merkel noted that these measures have positive contributions to the recovery of the global economy. Chinese Vice President Xi Jinping (L) presents two books written by former Chinese leader Jiang Zemin to German Chancellor Angela Merkel at the start of their meeting in the Chancellery in Berlin, capital of Germany, Oct. 12, 2009Prior to the meeting, Xi presented to Merkel with two English-version books on energy and information technology written by former Chinese President Jiang Zemin. Xi arrived in Germany on Saturday morning for the second leg of his five-nation Europe tour. Later on Tuesday, Xi will attend the opening ceremony of the Frankfurt Book Fair.
BEIJING, Oct. 3 (Xinhua) -- China contributed 19.2 percent of the world economic growth in 2007, up from 2.3 percent in 1978, a report by the National Bureau of Statistics (NBS) has said. It said China tops the world in contribution to the global economic growth. The report was the 18th by the NBS. It showcased the improving international status and influence of new China over years of development. According to the NBS, China's gross domestic product (GDP) was 30 billion U.S. dollars in 1952, more than doubling by 1960, and reached 3.86 trillion U.S. dollars in 2008. China had also become the world's third largest economy in 2008 by accounting for 6.4 percent of the global GDP. Meanwhile, the country's gross national income (GNI) per capital has been catching up with the world average. The GNI per capita was 10.1 percent of the world average in 1978, and 32.3 percent in2008. In terms of GNI per capita ranking among 209 countries and regions by the World Bank, China was 130th in 2008 at 2,770 U.S. dollars, up 15 places compared 750 U.S. dollars in 1997.
NEW YORK, Sept. 22 (Xinhua) -- Chinese President Hu Jintao met his U.S. counterpart Barack Obama here on Tuesday to exchange views on bilateral ties and other important issues of common concern. The Chinese president said at the start of their meeting that China-U.S. relations are now showing a sound momentum of development, and the two countries are developing a positive, cooperative and comprehensive relationship. A sound China-U.S. relationship is not only in the interests of the two countries, but also conducive to peace, stability and prosperity in the Asia Pacific region and the world at large, Hu said. Chinese President Hu Jintao (R) meets his U.S. counterpart Barack Obama in New York, the United States, Sept. 22, 2009 Hu expressed the willingness to work with the U.S. side to deepen cooperation in various fields. He hoped both sides would properly handle problems in bilateral ties so as to push forward the relations. Obama said he is committed to building a genuine, cooperative and comprehensive relationship between the two countries. He expressed the willingness to further advance the cooperative relations. Chinese President Hu Jintao (R) meets his U.S. counterpart Barack Obama in New York, the United States, Sept. 22, 2009. The two leaders were meeting on the sidelines of the UN climate change summit and other UN meetings. This has been their second meeting this year since April 1 when they met in London during a Group of 20 summit on the global financial crisis. During their London meeting, Hu and Obama agreed to work together to build a positive, cooperative and comprehensive relationship in the 21st century. Since Obama took office in January 2009, China-U.S. relations have achieved a smooth transition and maintained a positive momentum of growth. The first China-U.S. Strategic and Economic Dialogue was held in Washington in late July, when the two countries pledged to intensify bilateral ties and expand cooperation on major international issues and shared global challenges.