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BEIJING, Oct. 6 (Xinhua) -- Chinese Premier Wen Jiabao and his Australian counterpart Kevin Rudd, in a phone conversation on Monday, exchanged opinions on relations between their two countries as well as the international financial crisis and climate change. Wen spoke positively of the development of the mutually beneficial cooperation between China and Australia. He said China is willing to work with Australia to intensify coordination and cooperation, and meet the complicated global challenges in a bid to promote harmonious and sustainable development of the world. The Australian prime minister lauded China's position and active role in handling the international financial crisis. Rudd said the international community should strengthen cooperation to establish and improve the mechanism to guarantee the transparency and consistency of the international financial system. Australia would like to work with China to reinforce exchanges and cooperation in international finance and in multilateral and bilateral fields, he added.
HONG KONG, June 2 (Xinhua) -- Mainland-based telecommunications giants China Unicom and China Netcom, both listed on the Hong Kong stock exchange, announced Monday that each share of Netcom will be exchanged for 1.508 Unicom shares in a proposed merger. The rate was based on the price of China Netcom shares on the Hong Kong mainboard before their suspension from trading on May 23, with a 3 percent premium, said Tong Jilu, executive director and chief financial officer of China Unicom. Chang Xiaobing, chairman and chief executive officer of China Unicom, also said each American depository share of China Netcom will be exchanged for 3.016 American depository shares of the new China Unicom, subject to shareholders' approval. (L-R) China Netcom CFO Li Fushen, China Netcom Chairman and CEO Zuo Xunsheng, China Unicom Chairman and CEO Chang Xiaobing and China Unicom CFO Tong Jilu join hands after announcing the merger of China Netcom and China Unicom in Hong Kong, South China, June 2, 2008. China Unicom also said it reached a framework agreement with China Telecom under which China Telecom will buy CDMA business and CDMA network from China Unicom Group. The merger is expected to be completed in October this year after the shareholders' conferences in September if everything went ahead smoothly, Tong said. The merged group, possibly bearing the name of China Unicom, will have an enlarged capital of 23.76 billion shares, worth a total of 439.17 billion yuan (63.28 billion U.S. dollars). It is expected to be a provider of integrated services including mobile and fixed-line telecommunications, broadband, data and value-added services. "The merger is in line with the trend of convergence of fixed- line and mobile networks, and is expected to enable the merged group to set clear strategy," Chang said, referring to the direction for the company to pursue 3G strength. China Unicom, currently one of the telecommunications giants in the Chinese mainland, is a far second to the largest mobile carrier China Mobile, while China Netcom is a provider of fixed line telecommunications and broadband services. The merger was currently between the Hong Kong-listed China Unicom Limited and the China Netcom Group Corporation (Hong Kong) Limited, but not a merger between their mother companies, Chang told a press conference held in Hong Kong. China Netcom will cease to exist as a listed firm after the merger, subject to approval from the shareholders at the company's annual conference, which is expected in September, said Zuo Xunsheng, chairman and chief executive officer of China Netcom. Shares of both companies will resume trading on Hong Kong exchange on Tuesday. The merger was part of a major regrouping in the Chinese telecom industry aimed at more competition by forming three providers of integrated services after regrouping. State authorities issued an announcement on May 24, saying that they "encouraged" a regrouping of the telecom corporations to form three providers of integrated services to increase market competition. China Mobile has recently announced a proposal to buy fixed-line operator China Tietong, or Railway Telecommunications. At a separate press conference in Hong Kong on Monday, the HongKong listed China Telecom announced that it has reached an agreement to buy the CDMA services of China Unicom, thus making it one of the three integrated services providers, too. China Unicom also announced at the conference that it will sell its CDMA services at 43.8 billion yuan (6.31 billion U.S. dollars)and that its mother firm China Unicom Group will sell its CDMA network at 66.2 billion yuan (9.54 billion U.S. dollars) to China Telecommunications Corporation, the mother firm of China Telecom. Speaking at a separate press conference in Hong Kong, Wang Xiaochu, chairman and chief executive officer of China Telecom, said that the deal is expected to be completed in October, subject to shareholder approval at annual conferences in September. China Telecom will pay for the transaction in cash, Wang said, adding that he expected the CDMA part to contribute net profit as early as 2012, although the deal could impact the earnings record of the company in short term. The regrouping will result in three separate providers of integrated services, with most of the analysts saying that they expected China Unicom to benefit the most from the regrouping whereas the strength of China Mobile could be reduced. Others, however, said they expected China Mobile to remain the giant among the giants and retain most of its power in the mainland telecom industry. Chang, head of China Unicom, also warned against "over optimism" about the increased strength of the merged company, saying it required long-term effort.

Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), arrives in Ljubljana, Slovenia, May 10, 2008. Slovenia is the third leg of Jia's current four-nation Europe tour. (Xinhua/Rao Aimin) LJUBLJANA, May 10 -- China's top political advisor Jia Qinglin arrived in Ljubljana Saturday for an official goodwill visit to Slovenia. During his visit to Slovenia, Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), will meet with Slovenian President Danilo Turk, Prime Minister Janez Jansa and representatives from all walks of life in Slovenian society. Slovenia is the third leg of Jia's current four-nation Europe tour, which has already taken him to Romania and Hungary, and which will also take him to Croatia. In a written speech delivered at the airport, Jia said that the people of China and Slovenia cherish good feelings to each other though the two countries are far apart. Since the two countries established diplomatic relations in 1992, they have maintained regular exchange of visits by high-level officials and achieved rich results in cooperation in such fields as trade, economy and culture. Jia expressed the belief that his visit to Slovenia will contribute to further enhancing understanding and friendship between the two peoples and push forward mutually beneficial cooperation between the two countries in all fields.Jia Qinglin (2nd R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), arrives in Ljubljana, Slovenia, May 10, 2008. Slovenia is the third leg of Jia's current four-nation Europe tour.
UNITED NATIONS, Sept. 25 (Xinhua) -- Chinese Premier Wen Jiabao Thursday urged the international community, especially developed nations, to speed up intensive efforts to realize the Millennium Development Goals (MDGs). CHINA'S CONTRIBUTION Wen made the calls in his address to the UN high-level event on the MDGs. He told the meeting China has honored its commitments to the MDGs by dramatically reducing the number of Chinese living in poverty and by providing assistance to least developed countries. China, the most populous country in the world, has accelerated development mainly through its own efforts and through reform and opening-up since 1978, and has "brought down the number of people in absolute poverty from 250 million to 15 million in less than 30 years," he said. The nation's free compulsory education, medical care for 800 million farmers, and governance at various levels have all witnessed substantial progress, the Chinese premier said. Chinese Premier Wen Jiabao delivers a speech at the United Nations high-level meeting on the Millennium Development Goals (MDGs) in New York, the United States, Sept. 25, 2008 The vision set out in the UN Millennium Declaration is being gradually turned into reality in China, he added. "Statistics released by the World Bank last year showed that over the past 25 years, China accounted for 67 percent of the achievements in global poverty reduction," Wen said. Though not rich, China has honored its commitments to the Millennium Declaration and done what it can to help some least developed countries, he noted. By the end of June 2008, China had written off 24.7 billion RMB(3.63 billion U.S. dollars) in debts owed by 49 heavily indebted poor countries and least developed countries in Asia and Africa. It has also provided 206.5 billion RMB (30.37 billion dollars) in various forms of assistance to such countries, of which 90.8 billion RMB (13.35 billion dollars) is free aid, Wen said. China also provided zero-tariff treatment to the goods of 42 least developed countries. It has also trained 15,000 African medical professionals, sent medical teams and provided free medicines to Africa, he added. Chinese Premier Wen Jiabao (front) applauds as he delivers a speech at the United Nations high-level meeting on the Millennium Development Goals (MDGs) in New York, the United States, Sept. 25, 2008JOINT EFFORTS In his speech, the Chinese premier called for joint efforts from the governments of all countries to realize the goals set out in the Millennium Declaration. "Counting from today, we have only seven years to go before the end of 2015 to reach the goals" of halving the proportion of people living on less than a dollar a day, and "no more than 12 years before the end of 2020" to significantly improve the lives of at least 100 million slum dwellers, Wen said. "I hope that we, leaders present today, will join hands to shoulder greater responsibilities as statesmen and pay closer attention to and show more compassion for the poor regions and people in the world," he urged. Wen emphasized the importance for governments to give top priority to development. The first and foremost development goal should be economic, with educational, cultural and social development also high on the agenda, he added. He urged respect for the right of all countries to choose their own development paths suited to their national conditions, and called for efforts to resolve regional conflicts and ethnic strife through peaceful means. On international assistance in eliminating poverty, Wen said developed countries in particular should assume the responsibility of helping underdeveloped countries. "Assistance should be provided selflessly, with no strings attached. It is particularly important to increase assistance for least developed countries and regions," he said. Wen proposed that donor countries double their donations to the World Food Programme in the next five years and that the international community do more to cancel or reduce debts owed by least developed countries and provide zero-tariff treatment to their exports. Efforts should also be made to improve the working mechanisms for the development goals in the Millennium Declaration and coordinate the functions of international organizations to jointly overcome the difficulties facing developing countries, he proposed. Chinese Premier Wen Jiabao (front) applauds as he delivers a speech at the United Nations high-level meeting on the Millennium Development Goals (MDGs) in New York, the United States, Sept. 25, 2008MORE ASSISTANCE FROM CHINA China will speed up efforts and provide more assistance to needy countries to facilitate the attainment of the MDGs, pledged Wen. China will contribute 30 million U.S. dollars to the UN Food and Agriculture Organization to establish a trust fund to help developing countries enhance agricultural productivity. It will also "cancel the outstanding interest-free loans extended to least developed countries that mature before the end of 2008." Ninety-five percent of products from these countries will also enjoy zero-tariff treatment in the Chinese market, the premier said. China will also increase agricultural technology support and provide more agricultural training opportunities for developing countries, he said. Over the next five years, developing countries will get 10,000 more scholarships from China, along with some training programs provided exclusively for African teachers. China will also fully staff and equip the hospitals it builds for African countries and help train their medical staff. Also in the next five years, China will develop 100 small-scale clean energy projects for developing countries, including small hydropower, solar power and bio-gas projects, the premier said. Wen arrived in New York Tuesday morning for a three-day visit. He attended the annual high-level debate of the UN General Assembly Wednesday as well as Thursday's UN MDGs summit meeting, and held talks with UN Secretary-General Ban Ki-moon and leaders of some countries.
YINCHUAN, Aug. 17 (Xinhua) -- Premier Wen Jiabao encouraged local workers and farmers to work harder to boost industrial and agricultural development of the landlocked Ningxia Hui Autonomous Region in northwest China. During a recent inspection tour to this largest Muslim region of the country, the premier visited major industrial projects and enterprises, commodity grain, vegetable production and other farming bases. Wen Jiabao (C) talks with Muslim children in the house of Huang Shengxiu, a villager of Wanya village, Xiji county, northwest China's Ningxia Hui Autonomous Region, Aug. 16, 2008Wen told workers during his visit to a methanol and alkene production project Friday to work hard to build up an industrial base that meets the standards of scientific development. He urged workers to promote renovation and strengthen management to achieve the goal of top quality and technological standard based on resources conservation. During his visit to a grain production base in northern Ningxia, Wen praised a cooperation mechanism among local farmers that helped them to increase grain output and their income. Wen Jiabao (front 3rd L) applauses as he talks with representatives from religious circles and local muslims at the Najiahu Mosque in Yinchuan, capital of northwest China's Ningxia Hui Autonomous Region, Aug. 17, 2008. In Xihaigu, one of the most poverty-stricken regions in China, Wen urged local people to continue the forestation campaign and improve the ecological environment for sustainable development. On Sunday, Wen visited Wanya Village, home to 70 Muslim households. He promised that the government will work along with the villagers to fight chronic drought and increase drinking water supply. He also congratulated villagers on the village's first student to be enrolled by a university in northeast Jilin Province, expressing the hope that more youths will get the opportunity of higher education. The premier also visited an age-old mosque in the regional capital Yinchuan on Sunday, and talked with representatives from religious circles and local people.
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