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BEIJING, April 1 (Xinhua) -- China's average daily stock trading volume at the Shanghai Stock Exchange shrank 35.2 percent month on month to 96.85 billion yuan (14.2 billion U.S. dollars) in February, the People's Bank of China (PBOC) said Thursday.China's stock market was closed from Feb. 13 to 19, for the Spring Festival, the most important Chinese traditional holiday.Analysts held that trading was normally bleak in the Spring Festival month, as some investors preferred to cash in profits before going back to hometowns for family gatherings and some were cautious before the release of new economic data after the holiday.The Spring Festival fell in January last year. The daily average stock turnover was down 3.38 billion yuan to 65.4 billion yuan in January 2009 compared with December 2008, according to the PBOC.The benchmark Shanghai Composite Index edged up 110.58 points from Feb. 1 to 3,051.94 points on Feb. 26 this year, the last trading day in the month, the central bank said in a financial market report released Thursday on its official website.China's financial market kept its smooth run in January and February, said the PBOC.The Shanghai Composite Index gained 1.23 percent, or 38.32 points, to end at 3,147.42 points Thursday. The turnover at the Shanghai Stock Exchange was 154 billion yuan, showing investors' heartened confidence in economic recovery.Thursday's official figures revealed that the Purchasing Managers' Index (PMI) for China's manufacturing sector stood at 55.1 percent in March, up 3.1 percentage points from February, the 13th straight month that the index was above 50 percent.

BEIJING, May 18 (Xinhua) -- Chinese Premier Wen Jiabao said Tuesday he expects the upcoming visit to China by German Chancellor Angela Merkel to be a new starting point in enhanced China-Germany economic cooperation.Wen made the remarks while meeting with German entrepreneurs and German President Horst Koehler in Beijing.Merkel will visit China in July, Wen said, adding that he hoped the two countries will cooperate in a tangible way.Wen met separately with Koehler earlier Tuesday afternoon.As major manufacturers and trading nations, China and Germany have played active roles in combating the financial crisis, Wen said.Chinese Premier Wen Jiabao (R Front) meets with German President Horst Koehler (L Front) in Beijing, capital of China, May 18, 2010.Wen said the world economy is recovering sluggishly.The sovereign debt crisis in Europe has slowed down the economic recovery, he said, adding that the impact of the crisis is more severe and complicated than people expected.He urged the international community, in particular the major economies, to have a clear understanding of the situation, strengthen confidence, and seek an effective mechanism for global economic governance with joint efforts, so as to actively promote the world economic recovery.Koehler agreed with Wen's views on the international financial situation, praising what China did to combat the financial crisis.

BEIJING, June 3 (Xinhua) -- Chinese Premier Wen Jiabao returned to Beijing Thursday evening after official visits to the Republic of Korea (ROK), Japan, Mongolia and Myanmar.During the tour which started on May 28, Wen also attended the third three-party leaders' meeting of China, the ROK and Japan in ROK's Jeju island.Wen's entourage also came back to Beijing.

STOCKHOLM, March 30 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday met with Swedish King Carl XVI Gustaf, complimenting the Swedish royal family for their contributions to promoting relations between Sweden and China.At the beginning of the meeting, Xi conveyed Chinese President Hu Jintao's compliments and best regards to the Swedish king, for which the Swedish king expressed his gratitude.Xi said that 60 years ago Sweden led many Western countries in taking the initiative to establish diplomatic ties with the new China, a move which the Chinese government and people always highly appreciate.Chinese Vice President Xi Jinping (R) meets with Swedish King Carl XVI Gustaf in Stockholm, Sweden, March 30, 2010.Thanks to concerted efforts by both sides in more than half a century, the Sino-Swedish relationship has reached a mature phase featured with frequent exchange of high-level visits, steady increase in mutual political trust, close trade and economic ties, mutually beneficial cooperation in science and technology, education, culture and environment protection, and active interactions at the local government level and between the two peoples, Xi said.The Chinese government attaches great importance to develop friendly and cooperative ties with Sweden and highly values the active role Sweden plays in EU and international affairs, the Chinese vice president said.He said that the Swedish royal family has devoted themselves to promoting Swedish-Chinese exchange and friendship and made great contributions to the development of relations between the two countries.

BEIJING, June 3 (Xinhua) -- Chinese Premier Wen Jiabao's four-nation Asia tour, which took him to South Korea, Japan, Mongolia and Myanmar and a tripartite summit of China, South Korea and Japan, was fruitful and widely applauded, Chinese Foreign Minister Yang Jiechi said Thursday.The week-long tour was conducted against the backdrop that China needs to strengthen mutual trust and further deepen cooperation with the four countries while certain complex and sensitive issues in the region needed to be properly handled, Yang told reporters.The premier made the visits with confidence and hope for peace, friendship and cooperation, he said.POLITICAL MUTUAL TRUST PROMOTEDChinese Premier Wen Jiabao speaks during the third trilateral summit in South Korea's southern resort island of Jeju on May 29, 2010. Chinese Premier Wen Jiabao, South Korean President Lee Myung-bak and Japanese Prime Minister Yukio Hatoyama met in the trilateral summit with the aim of mapping out future cooperation in East Asia. During his visits, Premier Wen repeatedly emphasized the importance of mutual trust in relations and cooperation between nations, and expounded China's position on its peaceful development, its friendly policies toward neighboring countries, and its notion of building a harmonious world.Wen also stressed that China would never seek hegemony and that China's development poses no threat to any other countries, Yang said.Leaders of the four nations said they attached great importance to China's role. They believed that China's development is critical for peace and prosperity of the region and the world at large. They expressed their willingness to keep high-level exchanges with China and to strengthen communication and coordination on major issues.Wen and South Korean leaders agreed that both China and South Korea are important countries in East Asia and have broad common interests, and that the two countries should continue to push forward the bilateral strategic cooperative partnership.In Japan, Wen pointed out that China sees Japan as a strategic partner, not a competitor or a rival. He said the two neighbors should view each other as partners so as to have peaceful coexistence, long-lasting friendship and common development.In Mongolia, Wen stressed that the development of good-neighborly partnership of mutual trust between China and Mongolia serves the fundamental interests of the two peoples and contributes to peace, stability and common development in the region. The Mongolian side reiterated its firm adherence to the one-China policy and strong support to China on the questions of Taiwan and Tibet.In Myanmar, Wen said China respects the Myanmar government and people for their choice of a development path in line with this country's conditions, and wishes Myanmar stability, unity and development. He said China would like to join hands with Myanmar to push forward the development of a good-neighborly cooperative relationship.