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RAMALLAH, March 23 (Xinhua) -- Visiting Chinese Vice Premier Hui Liangyu met with Palestinian Prime Minister Salam Fayyad here on Tuesday.Hui at first conveyed greetings of Chinese Premier Wen Jiabao to Fayyad, saying the Palestinians and China are good friends and brothers with mutual respect and mutual trust.The traditional friendship between the two sides have been consolidated over the past more than 40 years and the friendly cooperation has seen profound development, Hui said, adding that China is ready to join hands with the Palestinians to enhance the friendly bilateral political ties, strengthen economic and trade cooperation and expand cultural exchanges.Chinese Vice Premier Hui Liangyu (L) shakes hands with Palestinian National Authority (PNA) Prime Minister Salam Fayyad in the West Bank City of Ramallah, March 23, 2010. Fayyad hailed the traditional friendship between the governments and the peoples of both countries. He also expressed gratitude over China's consistent support of the justice cause of the Palestinian people for their national rights.The two sides exchanged views mainly on improving agricultural cooperation. They both agreed to open the gate for Chinese- Palestinian agricultural cooperation in the fields of grain planting, fruit growing and stock raising. Fayyad also wished success to the 2010 Shanghai Expo.The two sides also exchanged their views on the Middle East issues. Hui reaffirmed the Chinese government's position on the those issues, saying the Chinese government and people deeply sympathize with the experience of the Palestinian people.Hui also said the Chinese side holds that all concerned parties in the Middle East should solve their disputes through peaceful negotiations under relevant UN resolutions and according to the principles of land for peace and the Arab peace initiative, to reach an overall, just and lasting solution of the Middle East issue and realize peaceful coexistence of two independent nations.Following their talks, Hui and Fayyad attended the signing ceremony of the agricultural cooperation deal between the two countries.Hui also meet with Secretary General of the Palestinian National Authority (PNA) Tayeb Abdul Rahim, and placed a wreath at the tomb of the late Palestinian leader Yasser Arafat. Palestinian President Mahmoud Abbas, who is on a visit to Jordan, also had friendly talks with Hui through telephone

Beijing, Feb. 8 -- China's banks will outpace their peers in India and Indonesia, the best performers in Asia's banking industry over the past decade, to deliver the highest returns over the next five to 10 years, analysis firm CLSA Ltd said.The top eight performers among Asian banks over the past decade were all from India, with gains of 400 percent to 3,000 percent, CLSA said in a research report released today.Indonesian banks ranked second over a three-to-five-year period, as no data was available for 10 years, the report said.Shenzhen Development Bank Co, China's first commercial bank to launch an IPO and get listed on Shenzhen Stock Exchange (in 1987), is expected to show a more than eight-fold increase in net profit for 2009, boosted by lower provisions for bad loans and higher net interest and fee income, the Wall Street Journal saidThe two countries recorded the highest credit growth, as India's loans increased 622 percent over the past 10 years, followed by 508 percent growth in Indonesia, Daniel Tabbush and Suangsuda Sinsadok, analysts at CLSA, said in the report.That shows "positive" implications for China's banks given the nation's 326 percent increase in loan growth over that period, they wrote in their analysis."Where China stock price data is only recent, we can at least assume that the fact that those banks are returning the third-highest loan growth over the past five and 10 years can in fact mean strong total returns over the long term," the analysts wrote.China's loan growth of 79 percent was the highest over the past three years, according to the report by CLSA, which is "overweight" on the nation's bank stocks as well as those in India and Indonesia.

BEIJING, Jan. 27 (Xinhua) -- The government and enterprises should continue to step up efforts in pollution and emission control to ensure targets set previously are met, according to a meeting of the State Council.The government should "slack no efforts" to cut pollutants and emissions to meet the targets as the situation remains "grave", according to a statement issued Wednesday after the councils' executive meeting chaired by Premier Wen Jiabao.The government set the goal to cut emissions of major pollutants, sulfur dioxide and chemical oxygen demand (COD) by 10 percent from 2006 to 2010, the 11th Five-Year Plan period.According to the meeting, the central task at present is to ensure pollution treatment facilities run normally.Vigorous efforts should be made to cut pollution from sectors including thermal power, iron and steel, non-ferrous metal, cement, paper making making, chemical, brewing and printing and dyeing, it said.The statement said the toughest standards should be applied in the management of water resources to ensure safe drinking water for people.Emissions of sulfur dioxide in China dropped 10.4 percent last year compared with that of 2008, Minister of Environmental Protection Zhou Shengxian said Monday.Zhou said the country's COD and emissions of sulfur dioxide fell for four consecutive years after the targets were set at the beginning of 2006.

BEIJING, March 7 (Xinhua) -- Han Zheng, Mayor of Shanghai, confirmed here Sunday he would lead a delegation to visit Taiwan in April to promote the upcoming World Expo.The confirmation by Han himself came on the sidelines of the annual session of the National People's Congress (NPC), China's supreme legislature."I have been expecting for long to visit the Treasure Island of Taiwan," Han said. "Though the exact date has yet to be decided, I hope to make it early April."The mayor said he would take his Taiwan visit as a chance not only to promote the World Expo, which is slated to open on May 1, but to further boost Shanghai's economic and cultural exchanges with Taiwan.Taipei mayor Hau Lung-bin led a delegation to visit Shanghai in June 2008, drawing attention from the media for the improvement of cross-Strait relations between Taiwan and the mainland.