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VLADIVOSTOK, Russia, March 21 (Xinhua) -- Visiting Chinese Vice President Xi Jinping Sunday encouraged Chinese and Russian youths to make joint efforts in helping push forward the friendly bilateral ties.Xi, during his visit to the Confucius Institute of Far Eastern National University here, called on youths of the two countries to realize the aim with their youthful passion and wisdom.At the institute, which was founded in 2006, Xi watched an exhibition showing its achievement, attended a Chinese calligraphy lesson taken by Russian students, and inaugurated a bronze statue of Confucius.Xi also paid a visit to the "Ocean" all Russia children's center, where hundreds of Chinese pupils and middle-school students, victims of a devastating major earthquake in 2008, had attended a rehabilitation program.The massive earthquake struck southwestern China's Sichuan, Shaanxi and Gansu provinces on May 12, 2008, leaving some 70,000 people dead and 18,000 others missing.Xi recalled that the Russian government and people provided timely assistance to victims of the quake and President Dmitry Medvedev later invited more than 1,500 Chinese pupils and middle-school students from the quake-hit areas to Russia for rehabilitation.The Chinese vice president conveyed the sincere greetings and best wishes of these Chinese children to their Russian peers in the center, and, on behalf of the Chinese government and people, expressed his heartfelt thanks to the staff of the center.Xi said Chinese and Russian youths are the builders and successors of the future undertaking of the Sino-Russia friendship.He said the "Year of Chinese Language" would open in Russia in several days, expressing his hope that Russian youths would actively take part in related activities, and learn Chinese language, history and culture.Xi arrived in Vladivostok Saturday for a five-day official visit to Russia.

BEIJING, Feb. 22 -- China's stock markets are likely to be fully open to foreign investors within 15 years, according to a leading investment expert.Direct foreign dealing in Chinese stocks is currently restricted through the government's Qualified Foreign Institutional Investor (QFII) scheme.The current annual quota for overseas funds is just billion, a small fraction of the total investment in China's main exchanges in Shanghai and Shenzhen.Stuart Leckie, chairman of Stirling Finance, a leading Hong Kong-based pensions investment adviser, said all restrictions could be off by 2025."All financial institutions will then be able to invest in the stock markets on the Chinese mainland, just as they do in Hong Kong, Japan or any other market," he said."It is 30 years since China's opening up and it will take half as long again for this to happen."He said the Chinese mainland would gradually lift barriers in the same way Taiwan and India have done in recent years.Leckie, author of the book, 'Pensions in China', and who was speaking at the Trade Tech 2010 Investment Conference, was bullish about the outlook for the Chinese market.He said the Shanghai Composite Index could double within the next three years and that it was a matter of if, not when, it returned to its all-time high of 6,124 in October 2007."I am sure the index will double over the next five years but there is a chance it will double in the next three years," he said.Other speakers at the conference were also optimistic about the outlook for investors in Chinese stocks. Michael Wang, head of dealing at the China International Fund Management said the Chinese market was full of opportunities."It is a golden opportunity to invest in China. Blue chip companies are still very cheap," he said. "In the medium term there might be some correction but we won't go back to 2006 levels (when the market was just over the 1,000 level)."Kent Rossiter, head of trading, Asia Pacific, for fund manager RCM, based in Hong Kong and which is part of the Allianz Group, was also confident. "I am really bullish about opportunities. I am worried about volatility, however," he said.Rossiter said some of the volatility was down to the inexperience and lack of competence of some professional investors in the Chinese market."The market needs to develop," he said. "Professional investors need to improve their performances. They have too much of the same mentality as the man on the street in that they just like to buy and sell without taking any view."Leckie added that the Chinese market was not about to repeat the experience of the Nikkei Dow in Japan."China is not about to become another Japan with the level of the index standing at a quarter of what it was 20 years ago."He was not concerned about the poor start to the Chinese markets in 2010 with the major index losing 8 per cent of its value in January and falling through the 3,000 barrier. It increased by 80 per cent in 2009. "Obviously China has got off to a weak start. It was the second worst performing market internationally in January after being the best performing in 2009. It is just living up to its reputation as a volatile index."He said he expected the market, however, to rise by up to 15 per cent in 2010 to a value somewhere between 3,600 and 3,800 from its January 1 level of 3,277. "I think this January decline is overdone."

BEIJING, Feb. 8 (Xinhua) -- Chinese Vice President Xi Jinping on Monday stressed knowledge of the Scientific Outlook on Development through study of senior leaders' insights into the transformation of the economic growth mode.Xi, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made remarks during a meeting on the study and implementation of theory.Xi said various requirements for the transformation of the economic growth mode are of significance to the study and implementation of the theory and the victory in the fight against the financial crisis.Chinese Vice President Xi Jinping (C), also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, addresses a meeting on further study and implementation of the Scientific Outlook on Development in Beijing, capital of China, Feb. 8, 2010. At a seminar for provincial and ministerial level officials which ran from Feb. 3 to 7, Chinese president Hu Jintao and other senior leaders made speeches on the transformation of the country's economic development mode and its sustainable development.Hu urged the country to enhance its capacity for independent innovation, deepen reform of the system for managing science and technology, and speed up its building of a "grand" pool of innovation-oriented talented people in a bid to give scientific and technological support for the transformation.Xi called on officials to listen to public opinion during their travels during the New Year holiday, and to be on the lookout for problems and to solve them.The CPC launched the Scientific Outlook on Development study campaign in September 2008. It emphasizes the well-being of people and a comprehensive, coordinated and sustainable approach to development.The campaign, scheduled to end late this month, garnered wide participation with more than 75 million CPC members taking part.

BEIJING, Feb. 23 (Xinhua) -- China on Tuesday denied government links to cyber attacks against the search giant Google, saying such accusations were "irresponsible and calculating.""China resolutely opposes the groundless accusations from Google," China's Foreign Ministry spokesman Qin Gang said, referring to Google's statement last month that it might pull out of the Chinese market, citing it services had been hacked by sources originating in China.Chinese laws prohibit cyber attacks and China's government does not tolerate cyber crime, and China welcomes international Internet companies to conduct businesses in China in line with the law, Qin told a regular new briefing"These firms have unblocked access to relevant Chinese government departments in terms of communication," said Qin, who stressed China's unchanged stance in promoting the development of the Internet."Foreign Internet enterprises, like foreign businesses of any other kind operating in China, shall abide by Chinese laws and respect its culture, "Qin said.Qin also said recent accusations of two Chinese schools carrying out cyber attacks against Google did not hold water.The New York Times has filed two reports recently claiming the cyber attacks on Google and other American firms last year have been traced to Shanghai Jiaotong University (SJTU) and Lanxiang Vocational School (Lanxiang) in east China's Shandong Province.Both Lanxiang and SJTU said the report was unfounded, and denied being behind the cyber attacks on Google and other American companies.

BEIJING, Feb. 23 (Xinhua) -- A severe drought over the past months has left 7.5 million people and more than 4 million head of livestock without adequate drinking water in two southwestern Chinese provinces, local authorities said Tuesday.In addition, the long dry spell has threatened reservoirs and affected millions of hectares of crop land and forests in Yunnan and Guizhou Provinces, according to the local drought relief authorities.Yunnan has been experiencing the worst drought in six decades since last autumn due to lack of rainfall and high temperatures.  People of Dawen Village of Donglan Township load barrels of water by horses in Donglan County, southwest China's Guangxi Zhuang Autonomous Region, Feb. 23, 2010. A severe drought since August in 2009 has been continuing here at presentAlmost 6 million people and 3.6 million head of livestock are facing drinking water shortages in Yunnan."The drought would bring grave losses to industrial and agricultural production, and increase risks of forest fires," Qin Guangrong, governor of Yunnan, told a drought relief meeting Tuesday.If the drought continues, the number of people hit by drinking water shortages in Yunnan would rise to 7.92 million in March, 9.51 million in April and 10.14 million in May, he said.In addition, more crop land would be affected and grain production would be greatly reduced, he said.Authorities in the two provinces have allocated special funds, and dispatched relief personnel and water trucks to the drought-stricken areas.   Huang Naibi gets water at a water supplying site in Donglan County, southwest China's Guangxi Zhuang Autonomous Region, Feb. 23, 2010. A severe drought since August in 2009 has been continuing here at present