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TOKYO, May 1 (Xinhua) -- Japanese Prime Minister Yasuo Fukuda met on Thursday with 10 representatives of Chinese students studying in Japan, delivering friendly messages before the upcoming visit of Chinese President Hu Jintao to Japan. "We warmly welcome President Hu to Japan," said Fukuda in the talks with the Chinese students at his residence. He said that despite some problems in bilateral ties, he hoped that the Chinese students will, under whatever circumstances, recognize the importance of Japan-China relations and strive for their development. China is a major power in the world, and the performance of a major power has direct bearing on world stability, said the Japanese prime minister, adding that Japan hopes to foster a relationship with China that helps make joint efforts for world stability. Li Guangzhe (R), a Chinese student who is also head of the Chinese students' association in Japan, presents to Japanese Prime Minister Yasuo Fukuda an album commemorating the 110th anniversary of Chinese students studying in Japan in Tokyo, May 1, 2008. Japanese Prime Minister Yasuo Fukuda met on Thursday with 10 representatives of Chinese students studying in Japan, delivering friendly messages before the upcoming visit of Chinese President Hu Jintao to Japan Enquiring about their campus life from time to time, Fukuda encouraged the Chinese students to work hard and make due contributions to the Japan-China friendly relations. The Japanese government and universities provide Chinese students with very favorable conditions for their study, said Li Guangzhe, a Chinese student who is also head of the Chinese students' association in Japan. Li said that the Chinese students are determined to play a positive role in promoting China-Japan friendship while studying in Japan. Chinese President Hu Jintao is scheduled to pay a state visit to Japan from May 6 to 10.
BEIJING, May 11 -- China's monetary authorities are struggling to address conflicting policy goals, but inflation will remain the top policy concern, the country's central bank governor said on Saturday. While the United States and other countries are more focused on fending off a recession, China's monetary policy must target inflation over growth and employment, Zhou Xiaochuan, the People's Bank of China governor, told a forum in Lujiazui, Shanghai's financial center. "There is no cure-all medicine, and we have to make the final decisions -- everyone hopes there would be a cure-all solution, but there is not," said Zhou. China's consumer price inflation would likely to rise to 8.5 percent in April from 8.3 percent in March, two sources familiar with the data said late on Thursday. The data, which is subject to last-minute revisions, will be officially released on Monday. Zhou Xiaochuan, governor of the People's Bank of China, addresses the Lujiazui Forum 2008 in Shanghai, east China, May 10, 2008. Heads of the People's Bank of China, the country's central bank, the Securities Regulatory Commission, the Banking Regulatory Commission and the Insurance Regulatory Commission all attended the two-day financial forum, opened on May 9. Lujiazui is the name of Shanghai's financial district. Meanwhile, the government said on Friday that China's producer price index, or factory-gate inflation, hit a three-year high of 8.1 percent in April, showing a sustained build-up in pressures on consumer price inflation. Zhou listed development of financial institutions and the imbalance in global money transfers as other issues that China's monetary policy may have to target. He said China needs to reduce the savings ratio as the fundamental way to address its over-reliance on trade, which now accounts for more than 60 percent of its annual GDP, but he did not elaborate on possible specific measures. On other issues, Zhou said Beijing has yet to reach a consensus over how to develop a properly functioning domestic bond market. Disputes remain about market infrastructure, the regulatory framework as well as laws and regulations, Zhou said.
XIAMEN, Sept. 8 (Xinhua) -- China will further open up to the world and step up its international investment cooperation, Vice Premier Wang Qishan promised here Monday. Addressing the 12th Xiamen International Trade and Investment Fair in the east Fujian Province, Wang said the country would continue to stick to the national policy of opening up, constantly improve its policies on utilizing foreign investment and investing in foreign countries, and create more space for foreign companies to develop their business in China. China's reform and opening up policy had significantly transformed the country in the past 30 years, and its accession to the World Trade Organization had further integrated it with the global economy, he said. Although the country met with severe natural disasters and an unfavorable international economic environment, its coping measures made its national economy stay healthy on the whole, he said, noting it was confident in and capable of overcoming the current difficulties and challenges. Expounding on improving its policies on utilizing foreign investment and investing in foreign countries, Wang vowed to further improve the country's investment environment including building a service-oriented government, a market of fair competition, a transparent legal environment and stable policy environment. He also stressed lifting the quality and diversifying the means of utilizing foreign investment, and encouraging domestic enterprises to invest in foreign countries. The Chinese government had always supported trade and investment liberalization and opposed protectionism in any form, he said, vowing to work with the world to eliminate trade and investment barriers and cope with various difficulties and challenges for global economic prosperity and stability. Attendants of the forum are from 120 countries and regions and seven international organizations.
HONG KONG, July 6 (Xinhua) -- Chinese Vice President Xi Jinping said here Sunday he is glad to see that the Olympic spirit has won common acknowledgment among the general public in Hong Kong. He made the remarks when meeting with delegates of Hong Kong athletes and volunteers set to participate or serve in the Beijing Olympics and Paralympics. "I am very glad to see that you are all in such a good mood and so energetic. This is the spirit we need to stage a high-level Olympic Games with distinctive features," Xi told the delegates. Chinese Vice President Xi Jinping (C Front) meets with athletes of the Hong Kong team for the 2008 Beijing Olympics and Paralympics, and representatives of volunteers in Hong Kong, south China, July 6, 2008 Hong Kong athletes have a glorious tradition and produced many world gold medalists for China, Xi said, citing former table tennis player Rong Guotuan and former swimmer Qi Lieyun as examples. Xi said volunteers devote their love to and promote harmony in the society, which incarnates the Olympic spirit, noting that 15,000 people have signed up to be the equestrian events volunteers in Hong Kong while more than 400 Hong Kong volunteers will work in Beijing during the Olympic Games. "The Olympic Games is a grand event not only for the athletes, but also for the volunteers. The most important thing is to participate," Xi said. Xi encouraged Hong Kong athletes to make full preparations for the Beijing Olympics and the Paralympics to demonstrate their best athletic skills and sportsmanship. Xi arrived in Hong Kong Sunday morning on a three-day visit. He met with Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Donald Tsang Yam-kuen Sunday morning. In the afternoon, Xi inspected the equestrian events venues for the 2008 Beijing Olympics and Paralympics to get firsthand information about Hong Kong's preparations for the Games.Chinese Vice President Xi Jinping (R) meets with athletes of the Hong Kong team for the 2008 Beijing Olympics and Paralympics, and representatives of volunteers in Hong Kong, south China, July 6, 2008