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XIAMEN, June 20 (Xinhua) -- The Chinese mainland and Taiwan have come closer to signing a comprehensive economic pact as "substantial progress" has been made in negotiations, the mainland's chief Taiwan affairs official said on Sunday.Speaking at a centerpiece conference of the week-long Straits Forum held in the southeastern city of Xiamen, Director of the State Council's Taiwan Affairs Office, Wang Yi, said the progress in talks on the Economic Cooperation Framework Agreement (ECFA) is a result of joint endeavors and shall be honored by both sides.The two sides discussed the main contents of the pact and items of the goods and services to be included in the "early harvest program" at the third round of expert-level talks in Beijing last week.The Association for Relations Across the Taiwan Straits (ARATS) and Taiwan's Straits Exchange Foundation (SEF) represented both sides during the negotiations. Two previous talks were held in Beijing and Taipei earlier this year.The ECFA is intended to normalize mainland-Taiwan economic ties and bring the two economies closer, the pact's initiators said. Its "early harvest program" will cover certain industries to first benefit from tariff reductions.
BEIJING, Aug. 4 (Xinhua) -- China's foreign exchange regulator Wednesday pledged to continue efforts to manage illegal capital inflows in the second half of the year.In a statement on its website, the State Administration of Foreign Exchange (SAFE) said it had investigated up to 3.5 million cases of international trade transactions, involving a total of 440 billion U.S. dollars, during its hot money monitoring campaign, which began in February.The statement said it had identified 197 cases of illegal capital inflow, but it gave no exact sum for the cases.SAFE said earlier last month that its investigations had found 190 cases, involving 7.35 billion U.S. dollars, of hot money inflows.Capital flows into and out of China for purposes other than import and export payments are strictly controlled by SAFE, which manages the country's 2.45 trillion U.S. dollars in foreign exchange reserves.The statement also said it would introduce new foreign exchange instruments to meet domestic market demand and support China's currency reforms.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.The hot money campaign was launched amid concerns that speculators were betting on an appreciation of the Chinese currency and rising asset prices.

BEIJING, Aug. 9 (Xinhua) -- Chinese President Hu Jintao on Monday sent a message of condolence to his Russian counterpart Dmitry Medvedev over the forest fires that have killed more than 50 people in Russia.In his message, Hu, on behalf of the Chinese government and the people, conveyed to Medvedev his profound condolences for the victims and sincere sympathies to the families of those killed in the blazes.Hu said at this critical moment, the Chinese people are feeling the same as the Russian people do. China is willing to offer emergency disaster aid to Russia and support the Russians in fighting the wildfires.He said he believes that the Russian government and the people, under the leadership of Medvedev, will overcome this natural disaster of exceptional magnitude and rebuild their homes at an early date.Meanwhile, Chinese Premier Wen Jiabao on Sunday sent a condolence message to Russian Prime Minister Vladimir Putin over the deadly wildfires.Local media reported Sunday that areas under fire in central Russia has increased to 190,000 hectares and a total of 564 wildfire scenes were detected across Russia, as the country endured its hottest summer on record.
GENEVA, July 19 (Xinhua) -- Top legislators of China and France met here on Monday and reiterated their willingness to further expand cooperation in various areas and strengthen coordination in international affairs.Wu Bangguo, chairman of the Standing Committee of the National People's Congress (NPC) of China, said his latest official goodwill visit to France was successful thanks to joint efforts by both China and France. It is in the interest of both countries and peoples to strengthen the bilateral ties and deepen cooperation in international and regional affairs, Wu said at the meeting with Accoyer.Bernard Accoyer, speaker of the French National Assembly, said Wu's visit to France is remarkable in Sino-French ties and is fruitful, which will play a constructive role in deepening substantial cooperation and boosting the friendship between the two peoples. France looks forward to take chance of Wu's visit to conduct closer coordination in international affairs and accelerate the development of Sino-French ties, he said.Wu paid an visit to France from July 7 to July 14 as a part of his three-nation Europe tour. He is here to attend the third World Conference of Speakers of Parliament.On the sideline of the conference, Wu also met with Klaus Schwab, executive chairman of the World Economic Forum, on Monday and discussed the upcoming Summer Davos Forum in China.
BERLIN, July 29 (Xinhua) -- China is gradually learning and absorbing ideas on human rights that can grow on its soil, and remains opposed to attempts by the West to impose its standards on China, says Chinese Vice Foreign Minister Fu Ying.In a recent interview with the German weekly newspaper Die Zeit, Fu said it seems "controversial and illogical" that Western countries acknowledge China's economic success and contributions to efforts against the global financial crisis, while "definitely" turning a blind eye to China's political progress.It seems as if the West wants to say that China has achieved all these without the leadership of the government and the Communist Party, maybe in total anarchy, Fu said."I still remember when I was an interpreter in the 1980s, human rights was always on the menu in our dialogues and our European guests brought lists of names with them," she said."Thirty years later, China has moved on, and so much has changed. In 2004, protection of human rights was incorporated into China's constitution. Many relevant laws and rules have been amended accordingly," Fu said.However, European delegations still come to China with the same stance, accusing China in a commanding way, Fu said."I really don't hear much mentioning of China' s human rights progress," she said.Yet, those political extremists seem to be presenting the whole picture of China's human rights for European countries, she said.Fu believes that to know the real China, it's not enough to "single out things you are interested in, or only listen to people who talk your talk."The most important is to look at the benefits of the majority of the people, she said.
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