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BEIJING, Oct. 24 (Xinhua) -- China has a total number of 2,971 company groups by the end of 2008 and their combined assets rose 19.7 percent from the previous year to more than 40 trillion yuan (5.86 trillion U.S. dollars), the China Industrial Information Issuing Center said Saturday. Corporate management of these company groups is improving, according to the center. Affected by the global financial crisis and economic slowdown, profit of these company groups decreased by 22.5 percent in 2008 year on year, the first annual drop since 1997, said the center without giving specific figures.
BEIJING, Nov. 18 (Xinhua) -- Nov. 15 to 18 are three usually unremarkable days on the calendar but this year they attracted worldwide attention as U.S. President Barack Obama paid his first state visit to China. Obama arrived in China at the invitation of Chinese President Hu Jintao with the international focus on how the two countries would address a raft of global issues. When he left, analysts saw a new direction for developing the China-U.S. relationship, which had major significance, and believed the summit had rendered bilateral relations stronger. Hu and Obama reiterated in the China-U.S. Joint Statement that both sides were committed to building a "positive, cooperative and comprehensive relationship in the 21st century" and promised to take concrete action to build a partnership to jointly cope with common challenges. Chinese President Hu Jintao shakes hands with visiting U.S. President Barack Obama after they meet the press at the Great Hall of the People in Beijing on Nov. 17, 2009. A NEW GOAL, ATTRACTIVE WORDING In the press conference at the Great Hall of People, Hu said he and Obama were positive about the development of the China-U.S. relationship since the inauguration of the new U.S. administration11 months ago, and they agreed to strengthen dialogue, communication and cooperation from a strategic and far-sighted perspective, and to make joint efforts to build a positive, cooperative and comprehensive China-U.S. relationship to promote world peace, stability and prosperity. Obama said the partnership with China had helped his country to fight the most serious financial crisis seen in generations. He added that the China-U.S. relationship had never been more important to the common future of the two countries. Challenges like climate change, nuclear proliferation, or economic recovery could never be met with a single hand. "That's why the United States welcomes China's efforts in playing a greater role on the world stage, a role in which a growing economy is joined by growing responsibilities." Jin Canrong, deputy dean of the International Studies School at China's Renmin University, told Xinhua the new goal for the China-U.S. relationship was to build a partnership to jointly cope with common challenges that was quite positive and significant. Fu Mengzi, director of the Institute of American Studies under the China Institute of Contemporary International Relations, told Xinhua the partnership to combat common challenges had positive and new meanings. David Shambaugh, a George Washington University professor and senior fellow at the Brookings Institution, said the outcome of the summit "reflects the 30 years of hard work in building the relationship, as well as the growing strategic trust between the two sides." He said both sides were actively committed to develop a "positive, cooperative and comprehensive relationship in the 21st century," and a joint statement issued after the meeting between the two presidents may help take China-U.S. relations into a "totally new and positive era." FACING GLOBAL CHALLENGES TOGETHER As one of the topics of the meeting between Hu and Obama, facing global challenges together has obtained great attention. Fu said the challenges not only included those related to both parties, but also those concerned with global interests. The China-U.S. Joint Statement stressed that, with global challenges increasing, the interdependence of all countries in the world had deepened and their need for peace, development and cooperation had increased. On numerous critical issues concerned with global stability and prosperity, China and the United States have a broader basis for cooperation and shoulder more important common responsibilities. The two countries should further enhance coordination and cooperation, jointly cope with common challenges and make efforts to promote peace, security and prosperity in the world. Jin said focusing on global issues during the meeting demonstrated the global characteristic of China-U.S. relationship that had gone far beyond bilateral ties. Both parties were seeking more areas for cooperation, he said. Shambaugh told Xinhua the joint statement released on Nov. 17 was an extremely positive document -- filled with countless examples of tangible Sino-American cooperation on a large range of bilateral, regional, and global issues. Mainichi Shimbun, a major daily in Japan, reported that both parties agreed on deepening China-U.S. relations in a new era, which symbolized the bilateral ties had entered a new phase of development. Obama said at the press conference that the United States welcomed China as a "strong, prosperous and successful member of the community of nations." This gave the impression that both countries had entered a new era of cooperation on global issues, the newspaper said. Japan's Kyodo News reported that the Chinese and U.S. presidents agreed to cooperate on a plethora of critical issues, including climate change and nuclear non-proliferation. Differences on issues such as human rights and trade imbalances were not obvious, which demonstrated that both sides had put intensifying bilateral ties as a priority, the news agency said. CONSOLIDATING FOUNDATION FOR FUTURE DEVELOPMENT During his talks with Obama, President Hu made five proposals on further advancing China-U.S. relations, of which the top priority was that the two countries should continue to increase strategic mutual trust. Trust and cooperation is the only way to deal with country-to-country relations in the new era, Hu said, proposing that both sides view the world and each other and their relations from a new perspective. The two leaders also believed that to nurture and deepen bilateral strategic trust was essential to China-U.S. relations in the new era. As Chinese Vice Foreign Minister He Yafei said, the respect for each other's core interests is the "key" to their relations. Fu told Xinhua China-U.S. relations had been closely connected with a solid foundation based on common interests. "There's no reason for the two countries to stray away from the status quo," Fu said, adding that a new China-U.S. joint statement issued following the summit stressed the will to enhance strategic mutual trust. French newspaper Le Figaro said China's Hu welcomed a long-term strategic relationship and Obama highlighted the great importance of the bilateral relations for the future development of both countries. Observers said Obama's visit to China could demonstrate an upgraded foundation for bilateral relations. This was echoed by Shambaugh, who said the meeting between the two leaders was warm and sincere, showing an increasing strategic trust between China and the United States. Agreements between the two countries would bring more peace and stability to the Asia Pacific region as well as the rest of the world, he added.

BEIJING, Jan. 7 -- China's central bank Wednesday said it will manage inflation expectations and keep a close watch on the property market through its credit and money supply policies. In a statement on its website, the People's Bank of China (PBOC) said it would try to maintain ample liquidity in the financial system, and ask banks to lend more evenly, while strictly implementing credit policies in the property sector. The nation will also take steps to rein in fast-rising property prices and strengthen credit controls for the sector, according to Housing and Urban-Rural Development Minister Jiang Weixin. A customer checking out a model of a real estate project in Shenzhen, Guangdong province. Property prices in China's 70 major cities rose at the fastest pace in 16 months in November "We should scrap or adjust local property policies launched last year that no longer comply with the current macroeconomic goals," Jiang said. According to Dong Chen, director of the research institute of Southwest Securities, the government moves on real estate policies indicate that while policymakers are striving to cement the economic rebound, they are also serious in curbing the excessive liquidity in the financial system to allay fears of asset bubbles and inflation. Property prices in China's 70 major cities rose at the fastest pace in 16 months in November, fueling concern that record lending and inflows of capital from abroad are building up asset bubbles. "Credit policy is the key to curb the rising property prices, as it would have a direct impact on transaction volumes," said Su Xuejing, an analyst with Changjiang Securities. "We anticipate more policy tightening in the future like increasing the down payment and mortgage rates for second-home buyers," he said. Shanghai Securities News said on Tuesday that the government plans to expand trials of a real estate tax, citing an unidentified person close to the State Administration of Taxation. The anticipated policy changes have also affected the capital market performance of leading realtors. Shares of China Vanke Co, the country's largest listed property developer, have fallen more than 12 percent in the past month on concerns that the measures to cool the property market would impact earnings. Poly Real Estate Group Co, the second largest real estate firm, also saw its shares fall to a four-month low. Meanwhile, a report from UK real estate service provider Savills said that the tighter credit policies and soaring realty prices have spurred property sales by international investors. Many of the investors had acquired the properties several years back and have been able to get handsome returns now, it said. "Sales by foreign investors increased from 7 percent in 2008 to 20 percent in 2009," said the report.
BEIJING, Nov. 2 (Xinhua) -- Chinese Premier Wen Jiabao and European Commission President Jose Manuel Barroso exchanged views on climate change and China-EU cooperation on Monday during a telephone conversation. The upcoming UN climate change conference in Copenhagen should aim to achieve positive results in the full, effective and sustained implementation of the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol, Wen said. "Emphasis should be put on making clear and detailed arrangements for mitigation, adaptation, technology transfer and financing," he added. "The key to success at the conference is to uphold the UNFCCC, the Kyoto Protocol, the principle of 'common but differentiated responsibilities' and the authorization of the Bali Road Map," he said. President Hu Jintao had made clear China's position and specific measures at the UN climate change summit in September, he said. The premier specified six aspects China will give priority to in its next steps. That included integrating actions on climate change into its economic and social development plan, implementing and improving the National Climate Change Program, promoting the green economy, and reinforcing the comprehensive capability in coping with climate change. Work also needs to be done in improving legislation on dealing with climate change and boosting international exchanges and cooperation, Wen said. China highly values its relations with the European Union and both sides should further deepen the strategic mutual trust and strengthen all-round cooperation under new conditions, Wen said. China is ready to work with the EU to push for a success of the Copenhagen conference and promote the comprehensive strategic partnership with the EU, he added. In the telephone conversation, Barroso briefed Wen on the EU's position and proposals on climate change. Barroso said the EU appreciates China's efforts in coping with climate change and its achievements in energy saving and emission reduction. The EU hopes to enhance coordination and cooperation with China to make sure the Copenhagen conference produces positive outcomes, and expects to make joint efforts with China to push bilateral cooperation to a new level, Barroso said.
BEIJING, Dec. 7 (Xinhua) -- China on Monday pledged to work with Indonesia to push forward the bilateral strategic partnership. China's top legislator Wu Bangguo and top political advisor Jia Qinglin made the remarks in separate meetings with Taufik Kiemas, Chairman of the People's Consultative Assembly of Indonesia. Wu Bangguo (R), chairman of China's National People's Congress Standing Committee, shakes hands with Taufik Kiemas, chairman of the People's Consultative Assembly of Indonesia during their meeting in Beijing, capital of China, on Dec. 7, 2009. "We always attach great importance to the relations with Indonesia," said Wu, chairman of the Standing Committee of the National People's Congress (NPC), China's top legislature. Hailing the sound development momentum of China-Indonesia ties, Wu said the countries had enjoyed increasing mutual political trust, fruitful cooperation in various sectors, and close coordination in regional and international organizations. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Taufik Kiemas, chairman of the People's Consultative Assembly of Indonesia, in Beijing, capital of China, on Dec. 7, 2009. "We applaud Indonesia's long-term adherence to the one-China policy," he noted, expressing appreciation for the country's support in issues concerning Taiwan, Tibet and Xinjiang. The two nations, both as important nations in the Asia-Pacific region, enjoyed broad common interests, Wu said, hoping that the two sides would enhance parliamentary exchanges and cooperation to enrich the contents of bilateral ties. Jia Qinglin, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, told Taufik that the China-Indonesia ties had stepped into a new phase of rapid, healthy and stable growth. "We are ready to work with Indonesia to expand cooperation in economy, trade and culture to advance our strategic partnership," Jia said, noting that this would benefit the two peoples and help regional and world peace and development. Jia hoped the CPPCC, the top political advisory body, and the People's Consultative Assembly of Indonesia would maintain close exchanges and learn from each other to help promote relations between the two nations. This China trip from Dec. 6 to 9 was Taufik's first visit abroad since taking office in October this year. Taufik told Chinese leaders that this showed the importance attached by Indonesia to relations with China. Indonesia valued the friendly and cooperative ties with China, he said, hoping that the two nations would increase pragmatic cooperation in infrastructure construction and resources exploitation. He said the People's Consultative Assembly was ready to strengthen exchanges and cooperation with the NPC and the CPPCC to contribute to comprehensive growth of Indonesia-China ties. Taufik reiterated that his country would firmly stick to the one-China policy.
来源:资阳报