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KATHMANDU, Jan. 14 (Xinhua) -- Visiting Chinese Premier Wen Jiabao on Saturday paid an official visit to Nepal, during which China and Nepal issued an eight-point joint statement on boosting bilateral ties and strengthening cooperation in various areas.During the visit, Premier Wen met with Nepalese President Ram Baran Yadav and held talks with the country's Prime Minister Baburam Bhattarai.The leaders of the two countries had an in-depth exchange of views and reached broad understanding on China-Nepal relations as well as on international and regional issues of mutual interest.The two sides agreed that the China-Nepal diplomatic relations, established in 1955 and characterized by equality, harmonious co-existence, ever-lasting friendship and comprehensive cooperation, are of great importance to both nations."Further enhancement of the ties is in accord with the fundamental interests of the two countries and is conducive to peace, stability and development in the region and the world at large," the joint statement said.Firstly, the two sides decided to further promote China-Nepal friendly relations of Comprehensive Partnership of Cooperation Featuring Ever-Lasting Friendship on the basis of the Five Principles of Peaceful Coexistence.Secondly, the two sides agreed to share development experiences and technological advancement, and enhance all round cooperation so as to achieve mutual development and prosperity.The two sides also agreed to maintain the momentum of high-level mutual visits, and have meetings between the leaders on the multilateral occasions.The two nations will also make full use of existing mechanisms including the diplomatic consultations and the China-Nepal Joint Economic and Trade Committee Meeting. The two sides agreed to form a Consultation Mechanism at the level of Ministers for Foreign Affairs.Thirdly, the Nepalese side expressed its firm support for China on its efforts to uphold state sovereignty, national unity and territorial integrity."Nepal does not allow any forces to use its territory for any anti-China or separatist activities," the joint statement said.Fourthly, the two sides agreed to further intensify cooperation in socioeconomic development, promotion of trade and tourism, hydropower, and transportation infrastructure development, as well as other fields on the basis of equality and mutual benefit.At the request of the Nepalese side, the Chinese side assured of increase in the volume of regular grant aid for the implementation of various infrastructure development and other projects.

BEIJING, Dec. 12 (Xinhuanet) -- For many multinational firms, the past 10 years in China have not only marked the rise of the world's second-largest economy but have also been a decade of expansion and profit growth.As they look back at this "golden decade", which is often used to describe the days after China entered the World Trade Organization (WTO) in 2001, their early expectations and ambitions in a more liberalized Chinese market were found to be more than fulfilled.When German auto giant BMW set foot on the Chinese mainland by establishing its first office in Beijing in 1994, its products were still far too luxurious for ordinary Chinese.In 2001, only 6,500 vehicles were sold under the BMW and Mini brands in China.NYK Diana, a container ship, anchors at Qingdao Port in East China's Shandong province on Thursday, as workers load cargo.But sales started to pick up with China's WTO entry, when the removal of trade barriers brought unprecedented economic growth and a booming market.In 2010, the vehicle maker, which started a joint venture with the domestic Brilliance China Automotive in 2003, sold 169,000 vehicles in China.That record is set to be broken this year as more than 170,000 cars were sold only in the first three quarters."We are both beneficiaries and firm supporters of the open market system," said Christoph Stark, president and CEO of BMW's Greater China region.By liberalizing its market, China, which celebrated the 10th anniversary of its WTO accession on Sunday, has become a thriving market and a savior for foreign enterprises hit hard by the global downturn.In 2009, when General Motors declared bankruptcy in the United States amid the global recession, its Chinese branch saw sales rise 66.9 percent year-on-year to more than 1.8 million units.In 2010, China overtook the United States to become GM's largest national market.The list of similar companies is extensive, as China's decade-long membership of the WTO has helped the Asian powerhouse attract 347,000 foreign firms with investment of more than 0 billion in the past 10 years.Chong Quan, deputy representative for China's international trade talks, said foreign enterprises made more than 0 billion in profit in the 10-year period, with an average annual increase of 30 percent."The accession to the WTO has made China a more transparent, safe and predictable market, as well as an essential part of the global economy," said Dominique Poulique, president of Alstom China.The French power engineering and train company, with more than 30 entities and about 10,000 employees in China, is one of the major foreign suppliers to the Chinese rail transport market."Rapid changes took place in China in the past decade, with its massive investment in infrastructure construction and notable development in energy," Poulique said.Wang Zhile, director of the research center of transnational cooperation under the Ministry of Commerce, said increasing shared interests between China and multinationals are putting them into an inseparable community, one that has found win-win solutions in the past decade.There is also high-quality labor at a relatively low cost, including white-collar workers, he added.Admittedly, the huge market and rich resources have powered up multinational firms in global competition, especially during and after the financial crisis.Forty-nine percent of the responding multinational companies had higher expectations for China in the wake of the global financial crisis in 2008 and 2009, according to a recent survey by the Economist Intelligence Unit, a business information arm of the Economist Group.Although showing signs of a slowdown, China's economy is still widely expected to grow by more than 8 percent next year, at a time when debt and financial instability are weakening growth in other leading economies.Poulique said he expected China's rapid growth to continue into the next decade, especially in the infrastructure construction market."For Alstom, the top task here is to keep adapting to the changing business environment," he said.Many foreign companies are moving research and development facilities to China in the hopes of making it a base for talent and technology.In Shanghai, 347 multinationals have set up regional headquarters, with the establishment of 333 foreign-funded research and development centers.

BAGHDAD, Nov. 15 (Xinhua) -- Iraqi President Jalal Talabani told the newly-arrived Chinese ambassador Tuesday that Iraq is willing to expand cooperation and strengthen ties with China.Talabani made the statement when receiving the credential from Ni Jian, China's new ambassador to Iraq, in his presidential palace.The friendship between Iraq and China can be traced back to more than a millennium ago and endured the test of time, Talabani said.The recent years have seen increasing cooperation and exchanges between the two countries in multiple fields, bearing positive results and breakthroughs, he said.Ni Jian said that China attaches great importance to the Chinese-Iraqi relations and is willing to broaden friendly ties with Iraq on the basis of equality and mutual benefit.