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SEOUL, Aug. 25 (Xinhua) -- China and the Republic of Korea (ROK) issued a joint communique here Monday, vowing to cement bilateral relations. The two countries pledged to broaden and enhance cooperation, and intensify coordination on regional and international issues so as to achieve long-term common development while contributing to world peace and prosperity, according to the joint communique issued during President Hu Jintao's state visit to the ROK. The two sides agreed to promote the strategic cooperative partnership between the two countries in a comprehensive way. The two heads of state expressed their satisfaction over the development of bilateral ties in various fields including politics, economy and culture since China and the ROK established diplomatic relations in 1992. Chinese President Hu Jintao (3rd L), accompanied by President of the Republic of Korea (ROK) Lee Myung-bak (1st L), reviews the honor guard during the welcoming ceremony held by Lee Myung-bak at the presidential palace in Seoul, capital of the Republic of Korea, Aug. 25, 2008. Hu Jintao arrived in Seoul on Monday for a two-day state visit to ROK China-ROK ties are of great importance for both countries, and the development of relations has not only benefited China and the ROK, but also contributed to peace and development in Asia and the whole world, said the communique. The two sides agreed to intensify political trust and support each other's peaceful development, as well as expand and deepen communication between the governments, parliaments and political parties of the two countries. They also committed themselves to strengthening high-level contact and increasing dialogue on defense. The two sides also decided to explore new areas of cooperation based on the principles of mutual benefit and complementarity. China and the ROK will promote cultural exchanges, enhance mutual understanding and friendship between the two peoples, and intensify cooperation and coordination on regional and international issues. Chinese President Hu Jintao (L Rear) and President of the Republic of Korea (ROK) Lee Myung-bak (R Rear) hold a joint press conference after their meeting at the presidential palace in Seoul, capital of the Republic of Korea, Aug. 25, 2008. Hu Jintao arrived in Seoul on Monday for a two-day state visit to ROKOn the Taiwan issue, the ROK reiterated its adherence to the one-China policy. The ROK pledged to further develop ties with the Democratic People's Republic of Korea (DPRK) through reconciliation and cooperation, while the Chinese side reaffirmed its support for the reconciliation process between the ROK and the DPRK and their final peaceful reunification. China and the ROK will maintain frequent exchange of high-level visits and contacts, the communique said. Diplomatic bodies of the two countries will hold advanced strategic dialogues this year, as the start-up of a strategic dialogue mechanism of exchanging views on important issues concerning bilateral common interests. Besides, foreign ministries of the two countries will establish a mechanism of coordination in a bid to further exchanges on foreign policy and international situation, the communique said. Experts from the two countries will launch joint research on promoting all-round bilateral exchanges and cooperation, and hand in their reports to the two governments. In addition, senior officials from the defense bodies of the two countries will also increase contact and strengthen exchanges and cooperation on multiple levels. On economic and trade cooperation, the two countries vow to intensify cooperation in trade and investment, inspection and quarantine, trade relief and intellectual property rights, in an effort to bring forward the target of annual bilateral trade worth200 billion U.S. dollars to 2010. Meanwhile, the two countries will facilitate the adjustment and supplementation of the Medium and Long Term Development Vision for China-ROK Economic and Trade Cooperation. The two nations are willing to work together to further expand bilateral economic and trade cooperation, the communique said. In addition, cooperation in fields such as environment, information and communication, logistics and energy will also be pushed forward. Chinese President Hu Jintao (2nd L), accompanied by President of the Republic of Korea (ROK) Lee Myung-bak (1st L), is welcomed by Korean children upon his arrival at the presidential palace in Seoul, capital of the Republic of Korea, Aug. 25, 2008. Hu Jintao arrived in Seoul on Monday for a two-day state visit to ROKGovernment bodies of the two countries will spare no efforts to establish a favorable investment environment to aid mutual economic development. On the principle of mutual benefits, China and the ROK will accelerate studies on the possibility of a free trade zone in order to quickly implement the same. In order to successfully host the 2010 Shanghai World Expo and the 2012 Yeosu World Expo, the two countries also inked a series of agreements on cooperation and sharing of experience in this regard. On cultural exchanges, the two countries will study measures on providing convenient services to visa applicants as part of efforts to expand people-to-people communication. To further people-related exchanges, the two nations have designated 2010 as Visit China Year and 2012 as Visit Korea Year. On regional and international affairs, the two countries will reinforce communication and cooperation in the framework of the six-party talks, and implement the second phase action of the talks in constructive efforts. Both sides will maintain coordination and cooperation in mechanisms like ASEAN and China, Japan and South Korea, the East Asia Summit, ASEAN Regional Forum and Asia-Pacific Economic Cooperation. Diplomatic bodies of the two countries will also set up a mechanism of coordination on UN affairs to enhance understanding and cooperation in this aspect, the communique noted. President Hu Jintao arrived in Seoul earlier Monday for a two-day state visit, only months after his ROK counterpart Lee Myung-bak's official visit to China in May. This is President Hu's second state visit to the ROK. He last visited the country in November 2005.
TIANJIN, Sept. 28 (Xinhua) -- Chinese Premier Wen Jiabao has urged Tianjin Municipality in north China to step up opening and reform of its Binhai New Area. Wen made the remark during his inspection tour in the coastal municipality on the sidelines of the 2008 Summer Davos Forum which was held here on Saturday and Sunday. Chinese Premier Wen Jiabao (C) inspects at a supermarket as he visits Tianjin Municipality in north China on Sept. 28, 2008The Tianjin Binhai New Area includes Tianjin Port and a low-tax area. In all, it is 2,270 square km and has a population of 1.4 million. Lying between China's capital and the Bohai Gulf, the area has been decided by the State Council, or the Cabinet, to be one of the key economic powers in the country. Taking an intercity high-speed railway shuttle from Beijing, the Premier asked the administrators of the shuttle line to provide a safe, fast and convenient service for people living in the two cities. After arriving at the Binhai New Area, Premier Wen inspected some industry zones near the port. He was accompanied by Tianjin's Communist Party chief Zhang Gaoli. Wen attended an opening ceremony for an assembly factory of the Airbus A320 model in the area. "The Binhai New Area should take the advantages of various economic policies given by the central government and constantly improve its abilities of innovation and international competition," said the premier. During his visit to the city, Wen also went to local households to convey his greetings of the National Day, which falls on Oct. 1. When visiting a supermarket in the old community of Tianjin, Premier Wen asked the supermarket to ensure the quality of the products on sale. He also went to a children's hospital where many parents sent their babies to have medical examinations in lieu of the toxic milk scandal. The premier urged doctors in the hospital to carefully examine every child and to set parent's hearts to rest.

BEIJING, June 22 (Xinhua) -- Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC), on Sunday vowed to deepen reform and boost regulation to promote a stable and healthy development of the capital market. The CSRC would rationally balance the market supply and demand, and regulate the pace of fund-raising, Shang told an interior meeting in Beijing. The stock regulator would encourage and steer funds into the market for long-term investment and gradually improve the inner market stabilizing mechanism. China's benchmark Shanghai Composite Index have fallen 54 percent from its all time high in mid October 2007. The steep decline came amid fears that the tightening measures would erode corporate profits and the equities supply would overwhelm demand. Analysts said the regulator has been delaying approvals of initial public offerings over the past couple of months to stabilize market that was hard-hit by weak investor sentiment. Shang noted the CSRC would boost cooperation with the prosecutors on crackdown on market manipulation, irregular information disclosure, and false information and rumors distributed to manipulate stock prices. Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC)( It would also cooperate with other financial regulators to closely watch the impacts of the domestic and overseas economic operation and the global financial market on the domestic capital market. Shang said that during the process of market correction, some people deliberately spread rumors that disrupted market orders and increased volatility.
BEIJING, July 18 (Xinhua) -- Vice Premier Li Keqiang has urged officials and workers at the section of the Three Gorges in southwest China to ensure safety and quality for the project as the flood season draws near. The member of the Standing Committee of the Communist Party of China Central Committee Political Bureau made the remark at a meeting here on Thursday by the Office of the State Council Three Gorges Project Construction Committee. The Three Gorges Dam started discharging water earlier this month to lower the water level in the reservoir after excessive rainfall upstream. The discharge would continue as more heavy rain was expected on the upper reaches of the Yangtze River. Flood is discharged from the Three Gorges Reservoir through the dam in Yinchang, central China's Hubei Province, July 5, 2008. "The project is now entering the key post-construction phase. Meanwhile, the flood season is coming and our safety task is very arduous," said Li after hearing reports on the project by teams of experts, the Ministry of Land and Resources and other organizations, among them. Li stressed the evacuation and relocation of people living in the dam section was a long-term mission. Related organizations should see to their basic life requirements and employment by fulfilling policies on supporting migrants and training them for professional skills. The world's largest dam, 2,309 meters long and 185 meters high, is expected to help minimize damage caused by floods that might occur only once every 1,000 years. In addition, Li urged to build an ecological protection area around the dam to prevent water pollution, soil loss and mud-sand silting. He said the section of the Three Gorges Dam should be built as an ecological barrier for the Yangtze. The 22.5 billion U.S. dollar project was launched in 1993. Its 26 turbo-generators is designed to produce 85 billion kwh of electricity annually after their installation is completed at yearend. According to the office, more than 1.24 million people had been relocated and the project was going smoothly in terms of the local economic society development, environment construction and geologic disaster prevention.
BEIJING, April 29 (Xinhua) -- Hu Jintao, general secretary of the Communist Party of China (CPC) Central Committee, on Tuesday urged Taiwan to work together with the mainland based on four principles: "Building mutual trust, laying aside disputes, seeking consensus and shelving differences, and creating a win-win situation." He called for substantial efforts for the welfare of Chinese compatriots on both sides, to seek peace across the Taiwan Strait and create a new situation for the peaceful development of cross-strait relations. Hu made these remarks in a meeting with Lien Chan, honorary chairman of the Kuomintang Party (KMT), his wife and his delegation, at the Diaoyutai State Guesthouse in central Beijing. Hu Jintao (R), general secretary of the Central Committee of the Communist Party of China, meets with Lien Chan, honorary chairman of the Chinese Nationalist Party, or Kuomintang (KMT), in Beijing, April 29, 2008. Positive changes have taken place in Taiwan and the cross-strait relationship has witnessed sound development, said Hu. He thanked Lien for bringing to the mainland the works of a well-known Taiwan sculptor as a gift to the Beijing Olympics. Hu recalled his first meeting with Lien three years ago, which was the first official summit between the CPC and the KMT in the past 6 decades. At that first summit, the two parties publicized common aspirations for the peaceful development of cross-strait relations, which laid the political foundation for cooperation, he noted. He called for resuming cross-strait talks on the basis of the "1992 Consensus" as early as possible, to resolve problems in a practical manner, make substantial efforts for the welfare of Chinese compatriots on both sides and seek peace across the strait. "The Chinese nationality will realize a bright future in its great rejuvenation, a common glory for the compatriots of the two banks," He said. The compatriots share the same fate and belong to the same big family of the Chinese nationality, Hu said. He expressed the hope that compatriots on both banks will further join hands to create a new environment for the peaceful development of cross-strait relations, realize the great rejuvenation of the Chinese nationality, and promote the lofty cause of peace and development of mankind. In his remarks, Lien agreed with Hu. He said the principles adopted at the KMT-CPC summit in 2005 were "of epoch-making importance" and have since been the guidelines for the peaceful development of cross-strait relations. The welfare of the compatriots on both banks must be built upon the peaceful development of cross-strait relations, Lien said. He called for joint efforts to increase exchanges and cooperation in the fields of economics, culture, education and social security. Also present were senior mainland officials including Wang Qishan, Ling Jihua, Chen Yunlin and Chen Shiju.
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