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BEIJING, Nov. 21 (Xinhua) -- China's premium income hit 936.09 billion yuan (137.1 billion U.S. dollars) in the first 10 months, according to China Insurance Regulatory Commission. The figure represented an increase of 78 billon yuan, or 9.09 percent, over that in the first nine months. During January to October period, premium of property and casualty insurance was 243.18 billion yuan, and 692.9 billion yuan, respectively. Total asset of the country's insurance sector stood at 3.83 trillion yuan by the end of October.

BEIJING, Oct. 30 (Xinhua) -- China's central government launched 20 venture capital funds with seven local governments on Friday to provide investment in the country's high-tech sectors, the top economic planner said in a statement on its web site. The investment would go to high-tech sectors including the electronic and information sector, biological and pharmaceutical industry, new energy sector and projects related to energy conservation and environmental protection, the National Development and Reform Commission (NDRC) said. The 20 funds would collect about nine billion yuan (1.31 billion U.S. dollars), of which, one billion yuan was invested by the central government, 1.2 billion yuan by local governments and the rest from private investment, the NDRC said. The funds were aimed to direct capital into new industries and competitive high-tech enterprises to push forward self-innovation, it said. The NDRC and the Ministry of Finance signed the agreement with 7 local governments of Beijing, Jilin, Shanghai, Anhui, Hunan, Chongqing and Shenzhen.
BUCHAREST, Oct. 20 (Xinhua) -- Chinese Vice President Xi Jinping said Tuesday that China values its ties with Romania and is willing to work with the Romanian people to enhance cooperation and cement friendship. Xi made the remarks when meeting with people from all walks of life in Romania, including parliament leaders, government officials, former ambassadors to China and others. The Chinese and the Romanian people enjoy profound friendship, Xi said. They have respected and supported each other and treated each other on an equal footing since the two countries established diplomatic ties 60 years ago. Visiting Chinese Vice President Xi Jinping (C) addresses a seminar marking the 60th anniversary of the establishment of the diplomatic ties between China and Romania, in Bucharest, capital of Romania, Oct. 20, 2009. He said the Chinese people will not forget the sympathy, support and assistance the Romanian people have offered to China in the early years of new China, in China's efforts to restore its legitimate seat in the United Nations, or other issues that bear on China's core interest and major concerns. Visiting Chinese Vice President Xi Jinping (C Back) addresses a seminar marking the 60th anniversary of the establishment of the diplomatic ties between China and Romania, in Bucharest, capital of Romania, Oct. 20, 2009 Xi cited the example of Romania's assistance last year when China was hit by a devastating earthquake and other natural disasters. Likewise, China has offered within its power, support and assistance to Romania when its people were in need, he added. Xi noted that China-Romania relations have set a good example of state-to-state relations. He attributed the sound development of bilateral ties to the unremitting efforts by people devoted to promoting friendly relation between the two countries. For his part, Adrian Nastase, Romanian vice president of Chamber of Deputies and former prime minister, said the Romanian people would not forget the precious help and support from China at different times. Maintaining friendly ties with China has been a priority for Romania's foreign policy no matter which party takes power, Nastase said, reiterating the country's willingness to make joint efforts with China and carry on their friendship from generation to generation. After hearing speeches by participants at the meeting, the Chinese vice president said the gathering was intended to show that the Chinese people cherish their friendship with Romanians and the Chinese government values its relations with Romania. China is ready to join hands with Romania to enhance their cooperation of mutual benefit and promote their traditional friendship, Xi said. He also encouraged the participants to contribute more to promoting China-Romania friendship so as to create a bright future for bilateral ties. Xi arrived here Sunday on an official visit to Romania, which was the last leg of his five-nation European tour.
COPENHAGEN, Dec. 18 (Xinhua) -- Chinese Premier Wen Jiabao met here with U.S. President Barack Obama on Friday to discuss climate change. Wen said climate change is a global challenge and an important field for cooperation between China and the United States. The key to this issue is to stick to the principle of "common but differentiated responsibilities," said Wen. The Chinese government has announced its goal of controlling greenhouse gas emissions, which demonstrates China's sincerity and determination to deal with climate change, and work with the international community on this issue, said the Chinese premier. Chinese Premier Wen Jiabao (L) meets with U.S. President Barack Obama in Copenhagen, Denmark, Dec. 18, 2009 China has voluntarily launched mitigation measures and put the munder the supervision of domestic law and mass media, said Wen. China is also willing to carry out international dialogue and cooperation on transparency of its mitigation measures, he said. The Chinese side welcomes the promise of the United States to provide financial support to the least developed countries, said Wen, noting that the key is to take concrete action to help developing countries deal with climate change. China is willing to strengthen communication and consultation with the U.S. side to enhance mutual trust, and to push for a fair, reasonable and practical deal at the Copenhagen conference, thus delivering hope and confidence to the whole world, said Wen. Obama told Wen that the principle of "common but differentiated responsibilities" should be followed in the global fight against climate change. Obama said China's emission reduction target is ambitious and impressive and important for the entire world. As a developing country, the largest challenge China is facing is to develop its economy and relieve poverty, he said. Therefore, China should not be required to adopt the same measures as the United States or other developed countries. Obama said he appreciated China's willingness to have transparency on its voluntary emission reduction measures. The United States is ready to work with China for a successful Copenhagen climate change conference and to strengthen long-term cooperation in the fight against climate change.
来源:资阳报