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PARIS, Nov. 4 (Xinhua) -- Chinese President Hu Jintao and his French counterpart Nicolas Sarkozy on Thursday vowed to boost the comprehensive strategic partnership between their countries. In talks with Sarkozy, Hu said the China-France relationship has been characterized by its strategic and global nature and its ability to move with the times since diplomatic ties were forged 46 years ago.Political dialogue has increasingly deepened and political mutual trust strengthened, said Hu.Bilateral trade is expected to exceed 40 billion U.S. dollars this year, and mutual investment has continuously increased, he said.The two countries have carried out extensive exchanges and cooperation in education, science and technology, and culture, and have kept close communication and coordination on major international issues, he added.Sarkozy said it was a great honor to receive Hu in his second state visit to France.Sarkozy congratulated China on the successful holding of the World Expo in Shanghai, saying the expo was another major international event hosted by China after the 2008 Beijing Olympics.

WARSAW, Nov. 2 (Xinhua) -- China's top political advisor Jia Qinglin pledged here Tuesday to enhance mutual understanding and economic ties with Poland.Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, made the remarks when meeting Bogdan Borusewicz, speaker of the Polish Senate.During their talks, Jia hailed the traditional friendly cooperation between China and Poland since the two states established diplomatic ties 61 years ago, including the frequent exchange between the leaderships, legislative bodies and government departments.Poland has been China's largest trade partner in the central and east Europe as bilateral trade for the first time exceed one billion U.S. dollars in 2008, 12 times more than that in 1998, Chinese official figures show.Jia applauded Poland's participation in the Shanghai Expo, and called for strengthening coordination in international affairs.Jia proposed the two states to further exchange between leaderships and at the grass-root level to bolster mutual understanding and mutual trust, to expand economic and trade cooperation such as two-way investment, to properly handle differences and resolve such differences through dialogue, especially to substantially take care of each other's core interests and major concerns.Labeling China as "Poland's largest partner in Asia", Borusewicz applauded bilateral ties and cooperation in various fields, vowing to further promote bilateral ties.Jia and Borusewicz both pledged to enhance exchange and cooperation between the CPPCC and the Polish Senate.Jia arrived here Tuesday afternoon for an official good-will visit.

HEFEI, Sept. 4 (Xinhua) -- China's top 500 enterprises reported smaller revenue gaps with their U.S. counterparts, while outperforming their worldwide competitors in profitability amid the nation's rapid economic recovery, an industrial ranking report showed Saturday.China's top 500 enterprises chalked up 4.05 trillion U.S. dollars in operating revenues last year, equivalent to about 18 percent of the operating revenue total created by the world's top 500 companies in the same year, and the ratio was 2.62 percentage points lower than the figure recorded for the year earlier, according to a report released Saturday in Hefei, capital of east China's Anhui Province, by the China Enterprise Confederation (CEC) and China Enterprise Directors Association.The average profit margin of China's top 500 enterprises was 5.44 percent in 2009, compared with 4.16 percent for the world's top 500 companies.Further, the net profits of the Chinese heavyweights grew by more than 20 percent last year, faster than the 17 percent for the world's top 500. It was the second consecutive year that Chinese enterprises outshone theirforeign counterparts in annual profits.Miao Rong, researcher with CEC, said despite the progress, China's top 500 enterprises obviously suffered from the impact of the global financial crisis as they reported slower growth in new employment and business revenues.However, unlike the world's top 500 companies, most of which are service and high tech giants, a lion's share of China's top 500 businesses are traditional industrial enterprises in the fields of energy development, telecommunications and power generation, Miao noted."It is a tough job, in the short-term, to make Chinese corporations catch up with their foreign counterparts in terms of 'soft power' , such as the capability of resource integration, management expertise, brand building and intellectual property protection," he added.Sinopec, Asia's leading refinery, topped the top 500 revenue list for the fifth consecutive year with 1.39 trillion yuan (about 204.41 billion U.S. dollars) in 2009. It was followed by the State Grid and PetroChina.Also, private businesses were growing rapidly as five companies reported operating revenues exceeding 100 billion yuan. Huawei Technology Co Ltd, a telecommunication equipment producer, recently leaped into the world's top 500 enterprises club.

SHANGHAI, Oct. 18 (Xinhua) -- China will continue to promote gradual exchange rate reforms, even while the yuan is expected to stabilize at a reasonable level, said Yi Gang, head of the State Administration of Foreign Exchange (SAFE) Monday in Shanghai.Yi, also deputy governor of the People's Bank of China (PBOC), or the central bank, made the remarks at a seminar held by the International Monetary Fund (IMF) to discuss the theme "Macro-Prudential Policies -- an Asian Perspective"."The flexibility of the yuan has increased since China launched exchange rate reforms in June. We will further boost those reforms, but the process will be gradual," Yi said."Judging from the markets, the yuan can remain stable at a reasonable and balanced level," he said.China will also continue to expand domestic demand and boost construction in rural medical services, education and infrastructure, he said.Five years ago, China abandoned a decade-old peg to the U.S. dollar and allowed its currency to fluctuate against a basket of currencies and appreciate by 2.1 percent.Since then, the yuan has strengthened further, albeit slowly, and has risen more than 21 percent against the greenback.On June 19 this year, the Chinese central bank announced that it would further reform the yuan's exchange rate mechanism to improve its flexibility.

PYONGYANG, Oct. 24 (Xinhua) -- The government of the Democratic People's Republic of Korea (DPRK) held a grand banquet here on Sunday to mark the 60th anniversary of the entry of the Chinese People's Volunteers (CPV) into the Korean front.Premier Choe Yong Rim of the DPRK's cabinet and Vice Chairman Guo Boxiong of China's Central Military Commission joined CPV veterans and hundreds of others on the occasion on the eve of the Monday anniversary.The CPV fought alongside Korean army and people during the war, helped the DPRK win liberation, and defended regional and global peace, said Yang Hyong Sop, vice-president of the Presidium of the DPRK Supreme People's Assembly.He conveyed, on behalf of his country, warm greetings to CPV veterans as well as the Chinese army and people, adding that the DPRK is committed to enhancing its traditional friendship with China and passing it from generation to generation.In his address, Chinese ambassador Liu Hongcai recalled the profound friendship forged on the battlefields between the two peoples and two armies, saying their heroic feats contributed to upholding justice and opposing power politics, and their victory belongs to all peace-loving people across the world.China will always remember all those who had given their lives for peace and make concerted efforts with the DPRK to promote regional and global peace and development, he added.Before the banquet, Chinese delegates watched an adapted Chinese opera masterpiece performed by DPRK artists.