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BEIJING, Nov. 18 (Xinhua) -- Wu Bangguo, chairman of the Standing Committee of the National People's Congress (NPC), China's top legislature, held talks here Wednesday afternoon with Kim Hyong-o, speaker of the National Assembly of the Republic of Korea (ROK).     Wu spoke highly of Sino-ROK relations and the positive role that the two legislatures have played in enhancing bilateral relations.     China attaches importance to its relationship with the ROK and both countries are of great influence in the region, he said, noting that development of the bilateral relations accord with the fundamental interests of the two peoples and is conducive to the regional peace, stability and development. Wu Bangguo (R), chairman of China's National People's Congress Standing Committee, shakes hands with Speaker of the Republic of Korea (ROK) National Assembly Kim Hyong-o in Beijing, capital of China, Nov. 18, 2009    He suggested the two countries to enhance strategic mutual trust and economic and trade cooperation, and expand cultural and personnel exchanges.     He also said the two legislatures should make closer contacts and develop and improve their regular exchange mechanism.     Kim highly valued the measures that China taken to counter the global financial crisis, and its role in international affairs.     He said the ROK attaches great importance to the relations with China, and the ROK legislature will further its relations with China's NPC.     Kim is here for the visit Nov. 18-22 at the invitation of Wu.

WASHINGTON, Dec. 30 (Xinhua) -- The U.S. International Trade Commission (ITC) on Wednesday slapped punitive penalties to imports of some 2.6 billion dollar oil country tubular goods (OCTG) from China, a move might escalate trade disputes between the two countries.     The ITC "has made affirmative determination in its final phase countervailing duty (CVD) investigation" concerning the oil pipes from China, said the ITC in a statement.     The trade agency has determined that "a U.S. industry is materially injured or threatened with material injury by reason of imports of certain oil country tubular goods from China that the U.S. Department Commerce has determined are subsidized," according to the statementThe U.S. Commerce Department made a final determination last month to impose duties between 10.36 percent and 15.78 percent on the pipes, which are mostly used in the oil and gas industries.     The ITC ruling paved the way for the imposition of duties.     The Commerce Department made its preliminary determination of CVD in September.     On Nov. 4, the Commerce also set preliminary antidumping (AD) duties on such imports from China, which is the biggest U.S. trade action against China.     Under that preliminary determination, Commerce set a 36.53 percent antidumping levy on OCTG from 37 Chinese companies, while some other Chinese companies will receive a preliminary dumping rate of 99.14 percent.     Commerce will make its final determination of antidumping duties early next year.     If Commerce makes an affirmative final determination, and the ITC makes an affirmative final determination that imports of oil tubular goods from China materially injures, or threaten material injury to, the domestic industry, Commerce will issue an antidumping duty order.     The antidumping and countervailing petition case was filed in April this year.     From 2006 to 2008, imports of OCTG from China increased 203 percent by value and amounted to an estimated 2.7 billion dollars in 2008, said the U.S. Commerce Department.     China strongly opposed the U.S. decision, saying that it is a protectionist move.     "China expressed strong dissatisfaction and is resolutely opposed to this," said China's Ministry of Commerce (MOC) spokesman Yao Jian in a statement in September.     "This does not comply with WTO agreements on subsidies. The U.S. used an incorrect method to define and calculate the subsidies, which has resulted in an artificially high subsidy rate, hurting Chinese firms' interests," said Yao.     "We hope the United States can get rid of the bias and admit China's market economy status soon to tackle the double standards thoroughly and give Chinese enterprises equal and fair treatment," Yao also said last month.     The U.S. industries also expressed strong dissatisfaction with the trade case, saying such a protectionist move would hurt U.S. companies.     The trade restrictions would "hurt U.S. using industries by raising their costs and making sources of supply uncertain," Eugene Patrone, executive director of the Consuming Industries Trade Action Coalition (CITAC) told Xinhua in September.     He noted that the tariffs would make oil and gas exploration and production be more expensive, projects be delayed, "which is against our national goal of being less dependent on imported energy."     The onset of the global recession appears to have set off an increase in trade disputes around the world.     Globally, new requests for protection from imports in the first half of 2009 are up 18.5 percent over the first half of 2008, according to the World Bank-sponsored Global Anti-dumping Database organized by Chad P. Bown, a Brandeis University economics professor.     That increase follows a 44 percent increase in new investigations in 2008.     And China has become the main target of the rising protectionism.     In another steel dispute, the U.S. Commerce Department said on Tuesday that it will impose antidumping tariffs of 14 percent to 145 percent on imports of 91 million dollar steel grating from China. A final determination will be made by the department in April 2010.

BEIJING, Dec. 4 (Xinhua) -- China's top legislator Wu Bangguo met here Friday with Kazakhstan's First Deputy Prime Minister Umirzak Shukeev.     Wu, chairman of the Standing Committee of the National People's Congress (NPC), said China and Kazakhstan are friendly neighbors and strategic partners. Wu Bangguo (R, front), chairman of China's National People's Congress Standing Committee, meets with Kazakhstan's First Deputy Prime Minister Umirzak Shukeev (L, front) at the Great Hall of the People in Beijing, capital of China, Dec. 4, 2009. Umirzak Shukeev is here in China to attend the fifth meeting of the China-Kazakhstan Cooperative Commission.He said the Chinese side set a high value on firm support from Kazakhstan on issues of Taiwan, Tibet, and fighting "East Turkistan" forces.     China will continue as always to support Kazakhstan in safeguarding national sovereignty, security and promoting socio-economic development, he said. Chinese Vice Premier Wang Qishan (R Front) shakes hands with Kazakhstan's First Deputy Prime Minister Umirzak Shukeev after they signed the summary of the fifth meeting of the China-Kazakhstan Cooperation Committee in Beijing, capital of China, Dec. 4, 2009Shukeev visits China to co-chair the fifth meeting of the China-Kazakhstan Cooperative Commission with Chinese Vice Premier Wang Qishan. During the meeting, more than 20 Chinese, Kazakh officials, ranging from trade and energy to environment and transportation laid out plans for future cooperation.     Wu said the commission has played an active role in promoting bilateral cooperation. He hopes the consensus and agreements reached in the fifth meeting can be carried out as soon as possible to deepen cooperation between the two sides in various fields.     Shukeev said Kazakhstan attaches great importance to relations with China, and is willing to work with China to give full play to the role of the committee, in order to promote the strategic partnership between Kazakhstan and China.Chinese Vice Premier Wang Qishan (R2 Front) and Kazakhstan's First Deputy Prime Minister Umirzak Shukeev (L2 Front) sign the summary of the fifth meeting of the China-Kazakhstan Cooperation Committee in Beijing, capital of China, Dec. 4, 2009.

BEIJING, Nov. 17 (Xinhua) -- China and the United States are committed to working together and with other countries for a successful outcome at Copenhagen summit next month, said a joint statement issued here Tuesday after talks between Chinese President Hu Jintao and his U.S. counterpart Barack Obama.     The two sides have held a constructive and productive dialogue on the issue and maintained that international cooperation is indispensible in dealing with climate change, which poses one of the greatest challenge of the time, the statement said.     Both sides concede that transition to a low-carbon economy is an opportunity to promote continued economic growth and sustainable development in all countries.     Regarding the upcoming Copenhagen summit, the two countries expressed their willingness to strive for an agreed outcome based on the principle of common but differentiated responsibilities and respective capabilities.     "The two sides, consistent with their national circumstances, resolve to take significant mitigation actions and recognized the important role that their countries play in promoting a sustainable outcome that will strengthen the world's ability to combat climate change," said the statement.     The two countries also agreed that the outcome should include the emission reduction targets of developed countries and nationally appropriate mitigation actions of developing countries, adding that it should also substantially scale up financial assistance to developing countries, promote technology development, dissemination and transfer, and pay particular attention to the needs of the poorest and most vulnerable countries to adapt to climate change.

BEIJING, Nov. 18 (Xinhua) -- China disagrees to the suggestion of a "Group of Two" (G2), Chinese Premier Wen Jiabao said at a meeting with visiting U.S. President Barack Obama here on Wednesday.     China is still a developing country with a huge population and has a long way to go before it becomes modernized, Wen said, stressing "We must always keep sober-minded over it".Chinese Premier Wen Jiabao meets visiting U.S. President Barack Obama in Beijing on Nov. 18, 2009. China pursues the independent foreign policy of peace and will not align with any country or country blocks, Wen said.     Global issues should decided by all nations in the world, rather than one or two countries, he added.     "Meanwhile, we believe Sino-U.S. cooperation can play a unique role in advancing the establishment of the new international political and economic order, as well as promoting world peace, stability and prosperity," Wen said.     Wen noted that the bilateral trade volume between China and the United States has increased greatly since the two countries established diplomatic ties 30 years ago. Chinese Premier Wen Jiabao meets visiting U.S. President Barack Obama in Beijing on Nov. 18, 2009    "This is in the fundamental interests of both countries and their people," Wen said. "We do not pursue trade surplus and I hope the United States would lift its policy of restricting high-tech products exports to China and increase their proportion in the U.S. exports to China.     "Meanwhile, our two countries should strengthen mutual investment and cooperation in such fields as energy, environmental protection and high technology for a more balanced bilateral trade," Wen said.     The revival of world trade and investment is beneficial to the global effort to cope with the financial crisis and help accelerate the recovery of the world economy, he said.     "China and the United States should work together to fight against protectionism in trade and investment," Wen said.     Obama, who described U.S.-China relations as of global significance, said U.S.-China cooperation is crucial as far as major global issues such as economic recovery, climate change and regional and global peace are concerned.     He hoped the two countries would abandon distrust and misunderstanding, strengthen exchange and cooperation, so as to push U.S.-China relations forward.     The United States appreciates and supports the Chinese government's efforts in developing the economy and reducing poverty, said Obama, adding that the development of China is beneficial to the world.     The United States and China are important trade partners for each other, which has brought huge benefits to both countries, while trade protectionism does no good to either side, Obama said.     He said the United States appreciates China's efforts to adjustthe economic structure, expand domestic demand, protect intellectual property rights and reform the Renminbi exchange rateregime.     The United States would properly handle bilateral trade frictions so that they would not harm the interests of the two countries, Obama said.     The United States has noted China's concern over the export control to China and is willing to take measures and increase high-tech product exports to China, he added.     Before their formal meeting in the State Guesthouse Wednesday morning, Wen said Obama's fruitful visit, the first state visit to China since he took office in January, would be of far-reaching significance.     He expressed his "sincere hope" that Obama's China visit would lift the comprehensive and cooperative China-US relations to a new level.     "The history of Sino-US relations has made it clear that cooperation benefits both sides while confrontation results in harms, and mutual trust brings progress while suspicion causes setbacks," Wen said.     Cooperation is better than containment, dialogue is better than confrontation, and partnership is better than rival ship, he added.     Wen and Obama also exchanged views on global climate change, the Korean Peninsula situation, the Middle East issue and Doha round of world trade talks.     Obama arrived in Shanghai on Sunday night to kick off his four-day visit to China, where on Monday he met with municipal officials and college students and then flied to Beijing in the afternoon.     On Tuesday in Beijing, Chinese President Hu Jintao held talks with Obama, and they reached a wide range of agreements on furthering strategic mutual trust, maintaining exchanges at all levels and meeting global and regional challenges together.     A joint statement was issued after the talks.     Obama also met with China' top legislator Wu Bangguo during his stay in Beijing.

来源：资阳报