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BEIJING, May 7 (Xinhua) -- China's policy of actively attracting foreign investment will not change, said vice minister of commerce Ma Xiuhong Friday.The Ministry of Commerce will keep working to maintain a good investment environment for foreign companies, said Ma during a discussion with multinational firms."The ministry will strengthen its communication with multinational corporations and foreign enterprises," she said.China could provide new opportunities for foreign investors as the country is in a process of modernization, urbanization and transformation of its economic development pattern, said Ma.She hoped that while achieving their own development goals, foreign enterprises could play a larger role in China's pursuit of scientific innovation, industrial upgrading, and more balanced regional economic development.Representatives from 64 multinational corporations and four foreign chambers of commerce participated in the discussion. They were joined by officials from a number of Chinese government departments, including the Ministry of Finance and Ministry of Industry and Information.Foreign direct investment to China increased 7.7 percent year on year to 23.44 billion U.S. dollars in the first quarter.
CANBERRA, May 14 (Xinhua) -- Visiting General Guo Boxiong, Vice- Chairmen of China's Central Military Commission met the Australian Chief of the Defense Force Air Chief Marshall Angus Houston on Friday.Guo said China and Australia have extensive range of common interests and hold responsibilities in safeguarding regional stability and promoting common development.The two countries are important trading partners, maintaining good dialogues and consultation in responding to international financial crisis, climate change and other major issues such as the Asia-Pacific regional cooperation, he added.According to Guo, defense and military relations between China and Australia in recent years are more matured, more dynamic and the cooperation has great potential and bright prospects for development.In order to better response to the diversity of regional and global challenges, the two sides need to further strengthen communication, enhance mutual trust, consolidate the basis of mutually beneficial cooperation, the Chinese General said.Houston said that together with the increasing national strength, China will play a greater role in global and regional affairs. Australia hopes to strengthen cooperation with China in communication and cooperation, jointly safeguarding regional peace and stability.He said that meanwhile, the Australian government is satisfied with the current bilateral defense and military relations.Guo arrived on Tuesday in Australia for an official visit, and held talks with Australian Defense Minister John Faulkner and met with Australian Foreign Minister Stephen Smith.
LOS ANGELES, April 2 (Xinhua) -- Some U.S. experts on China suggested that the United States and China have different perceptions towards each other, but cooperation on critical global issues is essential and will necessarily involve sacrifices at home.Clayton Dube, Associate Director of U.S. China Institute at the University of Southern California, told Xinhua in a recent interview that domestic political concerns drive leaders in both countries, and neither side wants to be perceived by their fellow citizens as not standing up for core interests of their own countries.However, he said, what is vital is for leaders on both sides to convince their fellow citizens that cooperation on critical global issues is essential. Although it will involve sacrifices at home, ultimately those sacrifices will be rewarded to progress in addressing climate change, furthering economic growth and constraining the proliferation of nuclear weapons."Strong leaders know that they must sometimes yield on important measures in order to attain even more crucial aims. That must happen now and it must happen on both sides," stressed Dube."Leaders must always be sensitive to domestic pressures, but they also have a responsibility to look forward and to take action that will yield a better tomorrow, even if there are political costs today," said Dube.Stanley Rosen, Director of the East Asian Studies Center at the University of Southern California, told Xinhua that the political system, the role of media, ideology, political culture and political history between the two countries are very different, therefore it is easy for the two countries to misunderstand each other.However, in Rosen's opinion, both sides do not want the situation to get out of control."It is a two level game," he said, explaining that the U.S. leaders will deal with China, and Chinese leaders will deal with the U.S., then the U.S. leaders will deal with the U.S. and Chinese leaders will deal with China.He said the Obama Administration will have to worry about the U. S. Congress, and public opinion. His leadership has been weakened by the health care debate and he is worried about the mid-term election."There is much pressure on him to be tough on China," said Rosen.On the Chinese side, Rosen said Chinese leaders also face great pressure to be tough on the U.S. from the military, the National People's Congress, etc. "It is a nature of politics," Rosen said.From the U.S. side, Rosen said the message is Obama tries to be flexible in foreign affairs, but the flexibility has been perceived as weak towards China."His flexibility is not awarded, so he has to show his toughness towards China. The American and Chinese perceptions are different," said Rosen.For example, he said, the U.S. is tough on the currency issue and has put pressure on the Chinese side to reevaluate its currency. However, even in the U.S. there is a debate on whether the evaluation of RMB will help U.S. exports or to which degree the change of value of the Chinese currency will help increase jobs in the U.S..Rosen said the U.S. tends to be governed by elections. In his opinion, before the November election, the U.S. is unlikely to make concessions on issues on currency and others.He said what the U.S. can do is very limited right now, but he does not expect that the U.S. will take major actions to further deteriorate the U.S.-China relations. In his opinion, the Obama Administration and Democrats need to show their toughness towards China to woo voters before the mid-term election.He said most U.S. Congressional members are politicians but not statesmen. What they care about is to get re-elected every two years. Therefore, whether a small business will be closed and several dozens of employees will lose their jobs in their district is certainly a big concern for them, while whether what they have done will impact U.S.-China relations is not what they are caring about.Ben Tang, Director of Asian Studies at the Claremont Institute, told Xinhua that nationalism in both countries is on the increase and China has felt the pressure. However, he said the importance for the U.S. and China to cooperate should be carefully taken into consideration while making big decisions.Tang said that there is a trend of trade protectionism in the U. S. and some Americans attempt to let the world share the burden of its economic recession, that will set a very bad example in the world.But in Tang's opinion, the increasing trade protectionism and voices to be tough on China in the U.S. are partly fueled by the mid-term election to be held in November this year. He said such a situation won't last long. It will gradually die down after the election.
BRASILIA, April 16 (Xinhua) -- Chinese President Hu Jintao explained to several foreign leaders why he had to cut short his visit after a deadly earthquake in northwestern China's Qinghai province."At this difficult time, I need to return to my country urgently, to be together with the people of China, pitching in with the earthquake rescue efforts," Hu said to the leaders.A 7.1-magnitude quake struck the Tibetan Autonomous Prefecture of Yushu on Wednesday, killing at least 1,144 people and leaving 294 missing and 11,486 injured. About 100,000 people have been relocated.When the tragedy was reported to Hu, he had just attended the Nuclear Security Summit in Washington. Hu held an urgent meeting to analyze the sudden quake.Hu urged all-out efforts to save lives and provide assistance to people in the disaster zone. He also asked authorities to step up precautions to ward off potential risks of aftershocks and called for efforts to safeguard social stability in the quake-hit region.Hu ordered the urgent mobilization of planes to transfer quake relief workers to the disaster areas, and dispatched soldiers there for aid.He proposed the reduction of the Brasilia-held summit of BRIC, which groups Brazil, Russia, India and China, shortened his visit to Brazil, and postponed a trip to Venezuela and Chile.The leaders of Brazil, Russia and India all expressed understanding of and support for China's proposal and agreed to compress the original two-day summit into a one-day event.
BEIJING, May 26 (Xinhua) -- Companies from China and Finland signed twelve deals on clean technology with a total contract value of around 250 million U.S. dollars on Wednesday."The immediate value of all the contracts and agreements is about 200 million euros (about 245.76 million U.S. dollars), and their potential exceeds 1.5 billion euros (about 1.84 billion dollars)," Leif Fagernas, director general of the Confederation of Finnish Industries, said at the Cleantech Finland China Seminar in Beijing.Visiting Finnish President Tarja Halonen and Chinese Vice Premier Li Keqiang attended the seminar, and pledged to promote clean tech cooperation between the two countries.Chinese Vice Premier Li Keqiang (rear L2) and visiting Finnish President Tarja Halonen (rear L3) attend a signing ceremony after the opening ceremony of Cleantech Finland China Seminar in Beijing, capital of China, on May 26, 2010."As China is experiencing rapid industrialization and urbanization, we have to build a resource-saving and environmentally friendly society as soon as possible," Li said.He added that the promotion of clean development would help transform China's pattern of economic development.