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SHANGHAI, May 1 (Xinhua) -- China's top political advisor Jia Qinglin met foreign guests in Shanghai on Saturday.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, met Palestinian President Mahmoud Abbas, Mongolian President Tsakhia Elbegdorj, former Namibian President Sam Nujoma, and Japanese prime minister's special envoy Yoshito Sengoku, who is also Minister of National Strategies.Having attended the opening ceremony of the Shanghai World Expo on Friday, the four guests expressed their wishes for a successful and unforgettable Expo.During the meeting with Abbas, Jia said the Chinese people have always firmly supported the just cause of the Palestinian people to strive for their legitimate national rights, and the Palestinian people have always stood by the Chinese people.Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Palestinian President Mahmoud Abbas in Shanghai, east China, May 1, 2010.China hopes to join with Palestine to move forward to deepen China-Palestine relations, and continue efforts in promoting Middle East peace negotiations, Jia said.Abbas thanked the Chinese people for their help and support, and said Palestine attached great importance to the Palestine-China relations and would make efforts to consolidate the relationship.He said Palestine would continue firmly supporting China's cause of peaceful reunification.In the meeting with Elbegdorj, Jia said China and Mongolia were friendly neighbors and bilateral ties had developed soundly.The healthy and stable development of bilateral ties was significant for the two nations' development, and conducive to the peace and development in the region, Jia said.China was willing to work with Mongolia to constantly develop ties, bringing more benefits for the two nations and peoples, he said. He also hoped China and Mongolia would take opportunities to enhance cooperation and exchanges and achieve common development.Elbegdorj also expressed willingness to strengthen cooperation and exchanges, and deepen the friendship between the two peoples.When meeting with Sam Nujoma, Jia said exchanges and cooperation between the Communist Party of China (CPC) and Namibia's South West Africa People's Organization (SWAPO) party served as an important political basis for the development of bilateral relations.Jia said the CPC is willing to continue its efforts to enhance friendly exchanges with the SWAPO party and push forward the development of China-Namibia relations. He also said Sam Nujoma's visit to the Expo would consolidate friendship between China and Namibia.Sam Nujoma, also former president of the SWAPO party, said the opening ceremony was unforgettable and believed the Expo would be a grand event for people around the world to promote peace, boost development and pursue progress.Meeting with Yoshito Sengoku, Jia said China-Japan relations have maintained a good momentum for development.The Chinese government is willing to work with Japan to boost the development of the China-Japan strategic relationship of mutual benefit by enhancing high-level mutual trust, deepening mutually beneficial cooperation, expanding people-to-people and cultural exchanges, Jia said.Yoshito Sengoku said Japan is ready to strengthen high-level, people-to-people and cultural exchanges, and deepen cooperation with China in economy, trade, science and technology to further develop ties.
BEIJING, May 9 (Xinhua) -- Chinese Vice Premier Li Keqiang has called for developed countries to help developing countries promote green economy.Li made the remark in his speech at the International Cooperative Conference on Green Economy and Climate Change on Saturday. The full text of his speech was released Sunday.Li, also member of the Political Bureau Standing Committee of the Communist Party of China Central Committee, said that developed nations should assist the developing world in its green economy endeavor by technology transfer, financial assistance and market liberalization. Chinese Vice Premier Li Keqiang delivers a speech on the opening ceremony of International Cooperative Conference on Green Economy and Climate Change in Beijing, capital of China, May 8, 2010.Green economy offers a new model where people could both protect the climate and develop the economy, said Li.In the speech, Li made three proposals on the development of green economy.
BEIJING, April 29 (Xinhua) -- Top Chinese legislator Wu Bangguo met with French President Nicolas Sarkozy in Beijing Thursday, pledging more parliamentary exchanges in a bid to facilitate bilateral ties.Wu, chairman of the Standing Committee of the National People' s Congress (NPC), said a healthy and stable China-France relationship is in accordance with the interests of both countries.China will work closely with France in the spirit of equality and mutual respect to push forward an all-round strategic partnership, Wu added.Wu Bangguo (R), chairman of the Standing Committee of the National People's Congress, meets with French President Nicolas Sarkozy at the Great Hall of the People in Beijing, capital of China, April 29, 2010.Wu said the NPC will work with the French side to improve parliamentary exchange mechanisms.The NPC will also increase dialogue and communication with the French side to serve bilateral ties, Wu added.Wu also briefed Sarkozy on China's reform of its political system, its construction of democracy and its legal system.
BEIJING, May 3 -- Ma Weihua, president and chief executive officer of China Merchants Bank (CMB), said he wanted to see Chinese banks elevate their level of globalization in the context of expedited overseas expansion of Chinese companies during his bank's recent road show in the United States. He said CMB would pursue this process ambitiously but cautiously.The bank is soon to relocate its night-shift foreign exchange trading team to its New York branch, which was established in 2008, and will move on to security trading as well in the future, according to Ma during a group interview. The branch is also working on consolidating its dollar settlement business."What I'm concerned about right now is to first have my New York branch familiarized with the US market, customers and rules as soon as possible so I can expand the business steadily," Ma told the audience at a recent speech at New York University's Leonard N. Stern School of Business. "We won't consider faster expansion until we have secured our position here."Because of policy restrictions, CMB and other Chinese banks are only able to provide very limited services overseas for now. Retail banking, which CMB is best at, is still being constrained in its New York branch, its first branch in the West. But the bank is eyeing up other opportunities.The branch is attaching increasing importance to the loan business for Chinese companies during their overseas merger and acquisition activities. It just completed a big deal for a Chinese State-owned conglomerate but declined to reveal its name."The most fundamental motive to globalize our bank is to support Chinese companies' overseas growth and to provide the same quality service for foreign companies as well when they come to China," Ma said.According to Ma, over the past five years, Chinese companies' overseas direct investment saw an annual increase of 60 percent and their non-financial overseas investment grew by 68.5 percent year-on-year.In comparison, overseas assets only make up less than 4 percent of Chinese banks' total assets, while in large banks in Europe and the US, the proportion is about 40 percent, he said.
BEIJING, May 26 (Xinhua) -- Companies from China and Finland signed twelve deals on clean technology with a total contract value of around 250 million U.S. dollars on Wednesday."The immediate value of all the contracts and agreements is about 200 million euros (about 245.76 million U.S. dollars), and their potential exceeds 1.5 billion euros (about 1.84 billion dollars)," Leif Fagernas, director general of the Confederation of Finnish Industries, said at the Cleantech Finland China Seminar in Beijing.Visiting Finnish President Tarja Halonen and Chinese Vice Premier Li Keqiang attended the seminar, and pledged to promote clean tech cooperation between the two countries.Chinese Vice Premier Li Keqiang (rear L2) and visiting Finnish President Tarja Halonen (rear L3) attend a signing ceremony after the opening ceremony of Cleantech Finland China Seminar in Beijing, capital of China, on May 26, 2010."As China is experiencing rapid industrialization and urbanization, we have to build a resource-saving and environmentally friendly society as soon as possible," Li said.He added that the promotion of clean development would help transform China's pattern of economic development.