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BEIJING, Nov. 24 (Xinhua) -- China hopes the upcoming China-EU summit will promote strategic mutual trust, said Vice Foreign Minister Zhang Zhijun on Tuesday.     Zhang said, the summit to be held on Nov. 30 in the eastern Chinese city of Nanjing is the highest level of dialogue mechanism between the two sides, and it has a unique and leading role in the development of China-EU relations.     At the invitation of Chinese Premier Wen Jiabao, European Commission President Jos Manuel Barroso, Swedish Prime Minister Fredrik Reinfeldt, whose country currently holds the rotating EU presidency, and EU High Representative Javier Solana will attend the summit. Both sides will exchange views on bilateral relations, global financial crisis and climate change.     Zhang said China hopes the summit will actively enhance strategic mutual trust and both sides will be more determined to support each other's choice of path of development.     China also hopes the two sides will make a general blueprint for the dialogue and cooperation in various fields and show the world their cooperation on global issues including trade protectionism and climate change, Zhang added.     China and EU have common or similar views on major international issues such as upholding multilateralism and promoting world peace and stability. They enjoy a sound basis of cooperation on promoting reform of international financial system and coping with climate change, Zhang said.     According to the Foreign Ministry, Chinese and EU leaders will attend the signing ceremonies of a series of agreements on science and technology, economic and trade, environment protection and industry, and hold a press conference after the summit.     The upcoming 12th China-EU summit is the second of its kind in 2009 as the first one was held in May, and it is also the third time for the leaders to meet in 2009 since Wen visited Europe at the beginning of this year.

BEIJING, Nov. 29 (Xinhua) -- Premier Wen Jiabao said during an inspection tour to East China over the weekend that the country would rely on science and technology advancements to meet its carbon emissions reduction targets.     When visiting the Shanghai Institute of Ceramics under the Chinese Academy of Sciences, Wen encouraged researchers to develop key technologies for electric vehicles and vehicles with high energy efficiency and low emissions.     He said China would adjust its "consumption policies" to push for the development of automobiles with low emissions and high energy efficiency, and "vigorously support" the development of electric cars. Chinese Premier Wen Jiabao (L, front) shakes hands with a scientist as he visits Shanghai Institute of Ceramics of Chinese Academy of Sciences, in Shanghai, east China, Nov. 28, 2009. Wen made an inspection tour in Shanghai and Jiangsu from Nov. 28 to 29. On Thursday, the State Council announced to cut China's carbon dioxide emissions per unit of GDP in 2020 by 40 to 45 percent from the level of 2005.     While visiting Shanghai and the neighboring Jiangsu Province, Wen called for a more balanced and energy-efficient economic development model.     He said China must speed up shifting its economic growth to a new pattern that depends not just on investment and export but also on domestic demand. Chinese Premier Wen Jiabao (R front) receives a school badge for commemoration as he visits Nanjing University of Technology, in Nanjing, capital of east China's Jiangsu Province, Nov. 29, 2009. Wen made an inspection tour in Shanghai and Jiangsu from Nov. 28 to 29.Economic growth should also rely on a balanced development of the primary, secondary and tertiary industries, rather than on manufacturing alone, Wen said.     Scientific and technological advancements, improvement in workers' qualities and innovations in management models should take over consumption of resources as the driving force for growth, he said.     Wen also visited the Commercial Aircraft Corporation of China based in Shanghai and the construction sites of 2010 Shanghai Expo. In Jiangsu, he visited retail, hi-tech companies and talked with university students

BEIJING, Oct. 23 (Xinhua) -- Chinese Vice Premier Li Keqiang on Friday urged geologists to make full use of the country's rich resources and explore new energy in innovative ways.     "Geological work makes the basic and pioneer industry for economic and social development and it affects the country's overall modernization... We should mainly depend on our own power to increase energy supply," said Li at the ceremony for the country's top geological science awards.     A total of 14 geologists from the geological exploration, research and education fields received the 11th Li Siguang Geological Science Award. Chinese Vice Premier Li Keqiang (R) meets with winners of the Li Siguang Geological Science Award in Beijing, capital of China, on Oct. 23, 2009The award is named after China's leading geologist Li Siguang, founder of China's geomechanics.     Oct. 26 marks the 120th anniversary of Li Siguang, whose research led to the discovery of China's major natural gas and oilfields.     Li Keqiang said geologists, especially those doing fieldwork, shoulder arduous missions and suffer tough outdoor conditions.     He urged related organizations to take care of their life and work and create favorable environment for the innovation in geological science and technology.

BEIJING, Nov. 9 (Xinhua) -- China Merchants Securities, a leading domestic brokerage firm, announced Monday that it has set its A-share initial public offering (IPO) price range between 26 yuan (3.8 U.S. dollars) and 31 yuan.     The Guangdong-based brokerage is scheduled to issue no more than 358.5 million shares, it said in a statement to the Shanghai Stock Exchange Monday.     The IPO price translates into a price to earnings (P/E) ratio between 47.18 and 56.26 times. The subscription of the company starts on Tuesday, said the company.

BEIJING Nov. 17 (Xinhua) -- United States President Barack Obama Tuesday said the U.S. government recognizes that Tibet is part of the People's Republic of China.     He also said that the United States supports the early resumption of dialogue between the Chinese government and representatives of the ** Lama to resolve any concerns and differences that the two sides may have.     "The United States respects the sovereignty and territorial integrity of China," Obama said at a joint press conference with Chinese President Hu Jintao at Beijing's Great Hall of the People.