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WUHAN, Nov. 15 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said Monday that Premier Wen Jiabao's imminent visit to Russia and the 15th regular meeting between the Chinese and Russian prime ministers would further promote the bilateral relationship.Yang made the remarks while meeting with his Russian counterpart Sergei Lavrov at the 10th Meeting of the Foreign Ministers of China, Russia and India in central China's Wuhan city.However, Yang did not give a specific date for the prime ministers' meeting in Russia.During his meeting with Lavrov, Yang praised progress of the development of China-Russia strategic partnership of coordination this year. He said China was willing to work with Russia to comprehensively carry out the consensus of their leaders.Next year, the two countries would hold grand celebrations to mark the 10th anniversary of the signing of the China-Russia treaty of good neighborliness, friendship and cooperation, he said.He thanked Russia for its firm support to China on issues related to Taiwan, Tibet and Xinjiang.Lavrov said Russia placed special emphasis on promoting the bilateral strategic partnership of coordination, and was willing to enhance bilateral and international cooperation with China.Later Monday, Yang accompanied Lavrov to lay a wreath at the tomb of martyrs of the Soviet Air Force who died in World War II.

BEIJING, Jan. 14 (Xinhuanet) --The country's GDP growth rate will slow to 8.7 percent this year from 10 percent in 2010, and a key challenge in 2011 will be to ensure that anti-inflationary measures do not "significantly" reduce growth, the World Bank said on Thursday.The bank estimates that global GDP, which expanded by 3.9 percent in 2010, will slow to 3.3 percent in 2011, before reaching 3.6 percent in 2012. Developing countries will continue to outstrip growth in developed countries, it said.Amid credit-tightening measures to combat inflation and surging property prices, China's growth is expected to ease to 8.4 percent in 2012, the bank said.Despite the slowdown, China will spearhead Asia's economic expansion. According to the bank's forecast, the overall growth rate for developing Asian economies will ease to 8 percent from last year's 9.3 percent as governments rein in credit to cool inflationary pressures."For China, a big concern is how to ensure a soft landing of the economy without significantly reducing growth when the government takes measures to curb inflation," said Hans Timmer, director of development prospects at the World Bank.The consumer price index (CPI), a main gauge of inflation, accelerated to a 28-month high of 5.1 percent in November from a year earlier and most economists predict that it will be in the region of 4 to 4.5 percent this year.In a bid to combat inflation, the central bank hiked interest rates by 25 basis points twice in the last quarter of 2010.Ardo Hansson, lead economist of the World Bank's Beijing Office, said the country needs more flexibility in its foreign exchange policy to fight inflation.China's central bank set the yuan's mid-point beyond 6.60 against the US dollar for the first time on Thursday, breaching an important barrier just days before President Hu Jintao's visit to the United States next week.The People's Bank of China set the mid-point, from which the currency can rise or fall 0.5 percent on a given day, for daily trading against the dollar at 6.5997, the first time it had broken through 6.60.The yuan has risen around 3.6 percent since June when authorities dropped a peg with the US dollar that had been set to support the economy during the global financial crisis.Some US politicians have been pressing China to allow the currency to rise at a faster pace to help narrow a trade gap.US Treasury Secretary Timothy Geithner repeated his call on Wednesday for a faster appreciation of the yuan and added that such a move could lead to an easing of restrictions on US technology exports to China, with both civilian and military use."The recent quickened pace of yuan appreciation could be considered as a gesture by the Chinese government before Hu's visit to the US," said Dong Xian'an, chief macroeconomic analyst with Industrial Securities.According to Dong, the yuan will appreciate by 5 to 6.6 percent this year, "a moderate pace".Wang Tao, chief China economist at UBS Securities, said they expected the currency to grow by 5 percent in 2011.The yuan can now be increasingly used in cross-border transactions, in a bid to reduce dependence on the US dollar after Premier Wen Jiabao said in March that he was "worried" about holdings of dollar-denominated assets.The central bank is allowing banks and enterprises in areas that carry yuan-settled trade to use yuan-denominated investment overseas directly, it said in a statement on its website on Thursday, describing the initiative as a pilot program.According to data from HSBC, the average monthly volume of yuan-settled trade surged from 0.6 billion yuan ( million) in 2009 to 68 billion yuan between June and November 2010. And one-third of China's cross-border trade may be settled in yuan by 2016, as the government pushes for the internationalization of the currency.

BEIJING, Dec. 7 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said Tuesday that 2010 had been marked by closer links, greater interaction and stronger cooperation between China and the world.He made the remarks in an address at a New Year reception hosted by China's Foreign Ministry.Noting 2010 had been an important year for the world economy to emerge from the shadow of the financial crisis and embark on the track of recovery, Yang said China and other countries had further deepened cooperation during the process of pursuing common development.Yang said 2011 marked the start of the implementation of China's 12th five-year plan, and China would enter a crucial period in efforts to build a moderately prosperous society, and accelerate the transformation of the economic development pattern.Chinese Foreign Minister Yang Jiechi speaks at the New Year reception held by the Ministry of Foreign Affairs of China, in Beijing, capital of China, Dec. 7, 2010.With common development goals, China and the rest of the world would enjoy a wider arc of cooperation and face new historic opportunities, he said.China would "proactively adapt itself to the new developments and needs of the domestic and international situations, stay committed to the path of peaceful development, and unswervingly follow the mutually beneficial strategy of opening-up."He said the world would continue to move towards multi-polarity, while the process of global economic recovery and reform would further evolve.In a speech, Nolana Ta-Ama, dean of the Diplomatic Corps and Togo's ambassador to China, hailed China's diplomatic efforts in the political and economic fields towards its close neighbors, such as the Association of Southeast Asia Nations (ASEAN) and Japan, and on the Korean Peninsula in particular.More than 400 people, including Chinese State Councilor Dai Bingguo, attended the reception.

NEW DELHI, Dec. 16 (Xinhua) -- Chinese Premier Wen Jiabao and his Indian counterpart Manmohan Singh on Thursday reaffirmed their commitment to promote bilateral relations.In their talks, Wen said the relationship between China and India has experienced an unusual course of development over the past 60 years. However, friendly cooperation has always been the main stream, which is not only in the interest of both countries and peoples, but also helpful for peace and development of the region and the world at large.The Chinese premier, who arrived here Wednesday for his second official visit to India following the trip in 2005, pointed out that this year marked the 60th anniversary of the establishment of China-India diplomatic ties.He said he is satisfied with the progress of bilateral relations over the years and looks forward to the future.The two countries should grasp the historical opportunity to boost political and strategic mutual trust and move forward the China-India relations along the track of lasting friendship, mutually beneficial cooperation and common development, Wen added."I hope my current visit is the one to carry on the past and open a way for future, which will further enhance our win-win cooperation," Wen said.Singh said that high-level exchanges between China and India have become closer, and political and strategic mutual trust has continuously improved.He said that the comprehensive cooperation in all fields has been enhanced ever since the two countries established a strategic and cooperative partnership for peace and prosperity five years ago.At present, the two countries are at a crucial stage of development, Singh said.He said the enhancement of communications and cooperation was not only conducive to the development of India and China, but also will push forward the rejuvenation of Asia and promote world peace and development."I believe the visit of Premier Wen will give a new impetus to bilateral relations," Singh said.

CHONGQING, Dec. 11 (Xinhua) -- Environmental sanitation workers from southwest China's Chongqing Municipality have collected 78,000 tonnes of garbage from the Yangtze River near the Three Gorges Dam, ensuring the dam's safe and effective operation after its water level was raised.More than 68,000 workers in nearly 21,000 boats retrieved the garbage.In late October, the water level in the dam was lifted to its designed maximum of 175 meters, allowing the dam to play its full flood control, power generation, navigation and water supply roles, said Wang Yuankai, a Chongqing municipal work administrator.Raising the dam's water level increased the surface area of water in the dam. It also increased garbage collectors' workload, with about 60 percent more garbage appearing.The cleanup operation helped ensure the water quality of the dam and its navigability.The Three Gorges Dam is the world's largest water-control and hydropower project.