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DUSHANBE, Nov. 25 (Xinhua) -- China and Tajikistan will enhance high-level contacts, expand exchanges and cooperation in various fields to fully develop their relations of good-neighborliness, friendship and cooperation, said a joint communique signed on Thursday by the two countries.Chinese Premier Wen Jiabao signed the communique with his Tajik counterpart Akil Akilov in his two-day visit to the Central Asian nation. During his stay there, Wen also attended the ninth prime ministers' meeting of the Shanghai Cooperation Organization (SCO).Both sides hailed the development of bilateral ties, and reiterated that the development of long-term and stable relations of good-neighborliness, friendship and cooperation is in the interests of the two peoples, the communique said.Chinese Premier Wen Jiabao (L) shakes hands with Tajik Prime Minister Akil Akilov during a signing ceremony after their talks in Dushanbe, Tajikistan, Nov. 25, 2010. China and Tajikistan also vowed to deepen political mutual trust and implement all the consensus reached between the two sides.Meanwhile, China expressed appreciation of Tajikistan's adherence to the one China policy and its support to the peaceful development of cross-Strait ties and China's effort to pursue peaceful reunification.The communique spoke highly of the Sino-Tajik trade and economic cooperation in recent years, holding that both sides should give priority to maintaining the sustained and stable growth of bilateral trade volume and to boosting cooperation projects in economic and technological fields.Both countries have decided to give full play to the intergovernmental economic and trade committee to improve the environment for investment and trade and create new cooperative modes, the communique said.The two neighbors, which are adjacent geographically and complementary to each other economically, also pledged to boost cooperation in such areas as transportation, telecommunication, electricity, finance, mining and agriculture, the communique said.In the communique, both sides spoke highly of their cooperation concerning ports which contribute greatly to the development of bilateral economic and trade cooperation. The two nations will also speed up efforts to improve infrastructure construction in Karasu-Kulma port and customs clearance conditions to allow the all-year-round operation of the port at an early date.The two countries, meanwhile, vowed to continue promoting cooperation in culture, education, health, tourism, sports and journalism, and encourage the sponsorship of cultural days and cultural festivals by each other as well as exchanges between youths of the two countries.Both sides will further their close cooperation so as to continue improving the facilities and quality of teaching in the Confucius Institute in Tajikistan, the communique said.
BEIJING, Dec. 3 (Xinhua) -- China's central government on Friday declared new policies to encourage private funds, including overseas capital, to be channeled to the medical sector to meet the country's increasingly diversified demands on health care.The new policies, dubbed "guideline to encourage and lead social capital to sponsor health-care institutions" were posted on the central government's official website www.gov.cn.It clearly stipulated that social capital should enjoy preferential treatment when China is adjusting or increasing medical resources and social funds will be encouraged to participate in governmental restructuring of hospitals.Overseas investments are now welcomed to sponsor hospitals, while the procedures will be further simplified, according to the guideline.The general office of the State Council, or cabinet, required local governments to amend their documents accordingly and get rid of any policies that impede the development of non-governmental medical institutions.Also, the new policies encourage social funds to take part in governmental hospital reforms and convert some government-backed hospitals into non-governmental institutions to reduce the ratio of public hospitals, said an official with the medical and health care system reform office under the State Council.China will deepen the opening-up of medical institutions and turn the overseas-invested medical sector from the "limited (towards foreign investment)" category into a category that allows foreign investment, the official said.
BEIJING, Jan. 10 (Xinhua) -- China and the United States agreed to avoid misunderstanding in developing military ties amid U.S. Defense Secretary Robert Gates' visit to Beijing to restore impaired high-level military exchanges.In their official talks on Monday, Chinese Defense Minister Liang Guanglie and Gates reached consensus on joint efforts to expand common interests, deepen dialogue and exchanges, and avoid misunderstanding and miscalculation to ensure military ties back on the sound track.They pledged to keep open the channel for exchange mechanism like defense and maritime security consultations between the two militaries."There are many areas where we have mutual interests and can work together, those disagreements are best dealt with through dialogue and discussions with one another," said Gates.Chinese Defense Minister Liang Guanglie (R) shakes hands with the visiting U.S. Secretary of Defense Robert Gates at a welcome ceremony in Beijing, capital of China, Jan. 10, 2011. His visit, which came ahead of Chinese President Hu Jintao's state visit to United States later this month, was one of the scheduled high-level contacts that were postponed after the Pentagon decided to sell a nearly 6.4-billion-U.S.-dollar arms package to Taiwan in January of 2010.While reaching agreements on developing resumed military exchanges, the Chinese defense chief warned that U.S. arms sale to Taiwan "jeopardizes China's core interests.""We do not want to see such things happen again. We do not want U.S. weapon sales to Taiwan to further damage the relationship between China and the United States and the two nations' armed forces," Liang told a press briefing.On a question on the development of China's military power, Liang rejected claims that China's military development is a threat, saying its weapons still lag far behind developed countries."China's military hardware development is to meet its sovereignty and security requirements and targets no other countries and poses no threat to others," said Liang.Chinese Vice President Xi Jinping, while meeting with Gates later on Monday, stressed "reliable political basis" for Sino-U.S. military ties, which have gone through ups and downs in the past years.Xi, also vice chairman of China's Central Military Commission, urged the two militaries to take measures to safeguard the "stable and reliable" political foundation, that is, mutual respect for sovereignty, security and development interests."China-U.S. military relationship, as an important part of bilateral ties, is a sensitive field with more complicated factors," said Xi, hoping military-to-military relations could move forward in a healthy and stable manner.Another Vice chairman of China's Central Military Commission Xu Caihou made a three-point proposal on developing China-U.S. military ties, in his meeting with Gates.Xu called on to respect and accommodate each other's core interest and major concern, to cultivate and increase strategic trust between the two armed forces, and to consolidate and expand common interests for both sides.Calling U.S.-China relations the "most important" bilateral ties in the world, Gates told Xu that his visit achieved "important progress" in building stable military ties between both countries.Gates said his country was expecting President Hu's state visit. Hu is due to meet with Gates on Tuesday."China-U.S. military exchanges plays an irreplaceable role in solving deeper differences between the two countries," said Zhu Feng, an researcher on China-U.S. relations with Peking University.He said the military contacts would greatly help to beef up strategic trust between China and the United States, and also influence public opinion.Gates will visit the command of the Second Artillery Force of the PLA on Wednesday. This is his second China trip since he took office in December 2006.
BEIJING, Nov. 19 (Xinhua) -- China's central bank Friday ordered banks to set aside an additional 0.5 percent of their deposits from Nov. 29, the fifth such hike this year and the second increase this month.The People's Bank of China said the move was aimed at "enhancing liquidity management and moderately regulating credit supply." The increase was estimated to freeze liquidity of about 300 billion yuan (44.8 billion U.S. dollars).The reserve requirement ratio (RRR) for the four big state-owned banks -- the Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China -- will stand at 18.5 percent once the rise takes effect.Friday's move will raise the deposit reserve ratio for other large financial institutions to 18 percent and for small and medium-sized institutions to 16 percent.Analysts said the increase exceeded forecasts as it targeted over-liquidity in the banking system and looming hot money inflows caused by the United States' quantitative easing policy."The PBOC is under pressure, and it needs to do something to show its determination to tame inflation. However, it has no intention to kill growth by aggressively hiking interest rates or imposing a lending squeeze," said Lu Ting, China economist at the Bank of America-Merrill Lynch."Hiking the RRR is the natural choice of the PBOC," Lu said in an e-mailed note to clients.China's economic growth rate was likely to slow in the fourth quarter to 8.7 percent, mainly as a result of economic restructuring, the State Information Center (SIC) said Friday.The forecast was almost 1 percentage point lower than the third quarter's 9.6-percent growth rate, but the SIC expected the economy to grow by 10 percent for the full year on the back of a 10.6-percent growth rate for the first three quarters.The central bank, on Nov. 10, announced a 50-basis-point rise of the RRR for Chinese financial institutions that accept deposits from Nov. 16, as China's consumer price index (CPI), a main gauge of inflation, soared to a 25-month high of 4.4 percent year on year in October.Prices of meat have risen for the week ending Nov. 14, with prices of pork up 1.6 percent and mutton 0.5 percent. Prices of eggs also rose 0.9 percent, while rice rose 0.6 percent and flour 0.4 percent, according to a weekly report by the Ministry of Commerce.The report said prices of 18 types of vegetables were slightly lower, down by 0.8 percent compared to the previous week. However, on a year-on-year basis, the prices of 18 staple vegetables in the first 10 days this month were still significantly higher from a year earlier.The State Council, the Cabinet, Wednesday announced price control guidelines to reassure consumers facing rising inflation and urged local authorities to offer temporary subsidies to needy families.The market had been expecting an increase, but did not anticipate it would come so soon, said Tan Yaling, senior analyst at Bank of China.She said the central bank would not raise the benchmark interest rates soon after the ratio hike as higher interest rates would further expand the interest rate differences between China and other major economies, which would lead to the influx of hot money.The central bank's decision to raise the RRR, instead of interest rates, was because a higher RRR would have "a direct effect on withdrawing liquidity," said Yan Wei, chief economist with the Orient Securities.The decision was announced after Chinese stock markets edged up following a period of decline of up to 10 percent of their value, largely on concerns of tighter policies.The benchmark Shanghai Composite Index rose 0.81 percent to close at 2,888.57. The Shenzhen Component Index closed up 1.23 percent to end at 12,295.85.