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BERLIN, Jan. 7 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang met with German President Christian Wulff on Friday to upgrade relations between the two countries.Li said China-Germany relations have been achieving new progress in recent years, particular last year when bilateral trade is expected to exceed 140 billion U.S. dollars, about one third of the total trade volume between China and the European Union (EU).Noting that China always views its ties with Germany from a long-term strategic point of view, Li said that his visit is aimed at further advancing the bilateral relations, which will face new opportunities in the new year.Chinese Vice Premier Li Keqiang (L) meets with German President Christian Wulff in Berlin, Germany, Jan. 7, 2011.The two sides should deepen cooperation in traditional areas, expand the scale of mutual investment and create sound environment for fair competition for enterprises, Li added.With Germany as China's largest source of technology in Europe, he said that it is beneficial for both countries and the world to see a combination of the German technology and the enormous Chinese market.Li said relations between Beijing and Berlin are of global significance, and that better coordination between China and Germany on important international and regional issues will also bring development and prosperity to the world.The German President said that his country attaches great importance to and admire China's development, which is viewed by Germany as an opportunity rather than a threat.He agreed that the two countries should strive for a closer strategic partnership based on mutual trust.Both China and Germany are playing important roles on issues like maintaining world peace, countering terrorism and improving international financial and monetary systems, Wulff said, adding that Germany is willing to strengthen cooperation with China on the world stage such as in the G20 (Group of 20 major economies).The German President also stressed the importance of cultural and educational exchanges between the two countries and said that the two sides should also strengthen cooperation in technology and innovation.Wulff said he is glad to hear that China has agreed to be the partner country of the Hanover Fair 2012, the world's biggest industrial fair. He said the trade fair will offer an opportunity for China to showcase its development, especially its clean energy technologies.Li responded that there is great potential for Sino-German cooperation in areas such as clean energy, adding that China wants to learn from Germany's advanced technology and management expertise and join hands with Germany to develop the new energy markets.China wants to use the opportunity of the Hanover Fair to strengthen high-tech cooperation with Germany, he added.

BEIJING, Jan. 8 (Xinhua) -- All China Federation of Trade Unions (ACFTU) said Saturday it had allocated 2 million yuan (about 303,000 U.S. dollars) to relief efforts in Guizhou and Hunan provinces, where days of snow and icy rain have disrupted people's lives.Freezing weather in south China has forced the evacuation of at least 58,000 people from their homes over the past week, according to the Ministry of Civil Affairs.The hardest hit has been Guizhou and Hunan, which will continue to experience the inclement weather over the next three days, the National Meteorological Center (NMC) said Saturday.The ACFTU urged local trade unions to work closely with governments and related departments to minimize the impact of the bad weather on people's life.

ST. PETERSBURG, Russia, Nov. 22 (Xinhua) -- China and Russia are willing to further advance cooperation on the humanities sector, said senior Chinese and Russian officials here Monday.At the 11th session of the China-Russia commission on cooperation on humanities, Chinese State Councilor Liu Yandong hailed the significant part cultural exchanges and cooperation has played to consolidate the social basis of China-Russia relations.The China-Russia commission on cooperation on humanities has made considerable achievements since its foundation ten years ago, said Liu, who laid a particular emphasis on the successful staging of reciprocal national years and language years in the two countries in recent years.Such events have injected new momentum into the comprehensive deepening of Sino-Russian strategic partnership of cooperation, she said.Chinese State Councilor Liu Yandong (2nd R) visits St. Petersburg State University in St. Petersburg of Russia, Nov. 22, 2010. Next year marks the 10th anniversary since the signing of Sino- Russian Good-Neighborly Treaty of Friendship and Cooperation, said Liu.Guided by the principle of China-Russia peace and friendship for generations that was established by the treaty, China is willing to continuously expand cultural cooperation with Russia, enhance traditional friendship between their two peoples, and promote the sustainable, stable and health development of bilateral strategic partnership of cooperation, said Liu.Russian Deputy Prime Minister Alexander Zhukov, who co-chaired the session with Liu, said the fruitful cultural cooperation between Russia and China is of vital importance to promote bilateral friendship and all-round deepening of bilateral ties.Russia is willing to closely collaborate with China in this regard to further cooperate on humanities, he said.The session meanwhile summarized major progress made over the past 10 years, during which both sides reached broad consensus on expanding cooperation on education, culture, health, sports, tourism, media, film, dossier, youth, among other sectors.After the session the two sides announced the setting up of a new subcommission on youth cooperation. Liu and Zhukov also attended a signing ceremony that witnessed the seal of several agreements on bilateral cultural, tourism and broadcasting cooperation.Also on Monday, Liu visited St. Petersburg State University and Repin Academy of Fine Arts, where she encouraged teachers and students to actively engage in bolstering cultural exchanges between China and Russia.Liu arrived in St. Petersburg on Nov. 20, kicking off her visit to Russia.

BEIJING, Nov. 26 (Xinhuanet) -- The Shanghai municipal government is making moves to enhance its mergers and acquisitions (M&As) market, a move in tune with the cosmopolitan city's ambition to make itself a global financial hub by 2020.The city will initially actively propel the construction of its financial market and M&A-related auxiliary services, especially the agents who facilitate deals, to aid these activities, said Shanghai Vice-Mayor Tu Guangshao on Thursday.He said the local government is also considering setting up a China Mergers and Acquisitions Association in Shanghai.Meanwhile, plans to open an M&A museum are also in the pipeline to help create an M&A culture in the city."We've made concrete efforts to encourage benign conditions to allow these plans to materialize," Tu said.The M&A market, in turn, will help catalyze improvements in the city's financial market functions, structures, and systems, as well as boosting badly needed adjustments to its economic structure. This will help Shanghai further speed up its plans to become a global financial center by 2020, an ambition which was approved by the State Council in March 2009.According to figures from the Shanghai headquarters of the People's Bank of China (PBOC), there are 11 financial institutions running M&A loan businesses in the city, lending more than 10 billion yuan (.5 billion) during the first seven months of this year.The central government in September issued guidelines on the promotion of enterprise M&A in six major industries, including automobiles and cement, to accelerate cross-border corporate restructuring and cater for the nation's aim of rebalancing the economy as the 12th Five-Year Plan (2011-2015) approaches."We should increase support for cross-border M&A activities, which is of great significance to China's economy and will help stimulate the Asian economic recovery," said Su Ning, board chairman of China UnionPay, the country's only credit card network.The former vice-governor of the PBOC also urged more private firms, which have actively sought areas of overseas expansion, to participate in cross-border deals using their extensive capital resources.China's private economy accounts for more than half of the nation's gross domestic product, according to Huang Mengfu, vice-chairman of Chinese People's Political Consultative Conference. "Active private investment, as such, is pivotal to the nation's economic development the non-State economy will certainly replace investment by State-owned firms as a driving force to boost the Chinese economy after the financial crisis," said Huang, who also serves as chairman of All-China Federation of Industry and Commerce.Privately owned auto maker Zhejiang Geely Holding Group in August completed its .8 billion acquisition of a stake in Volvo Car Corporation, a move which emphasizes the desire of China's cash-rich private companies to make acquisitions abroad.In addition, industry experts said that financial institutions should develop more financial innovations to supply China's overseas acquisition wave, and encourage more private equity funds to participate in cross-border deals, rather than simply focusing on pre-Initial Public Offering projects.

BEIJING, Jan. 16 (Xinhua) -- Beijing should be tolerant and open-minded toward migrants as it tries to manage its fast-growing population in the next five years, said a Beijing political advisor responding to a government plan to limit the city's population.Excessive growth of Beijing's population, partly as a result of the influx of migrants, has brought tremendous pressure on the environment and resources, said Wu Yongping, a member of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC) on Sunday.But migrant population also made great contributions to the capital city's development, said Wu, also deputy director with the School of Public Policy and Management, Tsinghua University,."Beijing, as a city belonging to the people of the whole country, should have the quality of openness," Wu told a press conference on the sidelines of the annual session of the Beijing Municipal Committee of the CPPCC.Also, Beijing should open to the entire world as only a tolerant and open-minded city could maintain its momentum of sustainable development, Wu said.Wu's remarks came in response to a draft development plan submitted Sunday to the annual session of the Beijing Municipal People's Congress, the local legislature.According to the draft plan, Beijing will rein in the "unordered and excessive" growth of its population during the next five years.By the end of 2009, Beijing's population had reached nearly 20 million, far exceeding the State Council-ratified target of controlling the population to within 18 million by the year 2020.