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VIENNA, Dec. 10 (Xinhua) -- China is one of the active supporters of the international community to European crisis settlement, Chinese Vice Foreign Minister Fu Ying said here on Saturday.Attending the fourth World Policy Conference, she voiced the hope that Europe could expand the mutually beneficial cooperation between Europe and China, and create a favorite condition for attracting investment from developing countries including China.In the afternoon, Fu attended a seminar with the topic of "Europe as a laboratory for global governance" and answered questions from the attendants.Asked if China and other BRICS countries should "rescue" Europe or not, she said that the word "rescue" often used by the European media could be misleading.She said that as the world's largest economy, the European Union (EU) has strong real economy and much higher living standard than developing countries. Europe does not need a "savior" but international partners with a win-win relationship.Currently, Europe is facing severe challenges such as the debt crisis and is actively seeking solutions. The EU is China's largest trading partner and one of the main sources of technology and investments. The settlement of crisis in Europe is closely related with not only the world but also China.China has been expressing its confidence in the European economy and the euro, believing that Europe is able to find out solutions to the problems, she said.She also pointed out that the current financial cooperation between Europe and China was mentioned in the same breath with the European financial expansion in Asia in the early 20th century by some European media, which was really a tale of a tub.China sticks to the foreign policy of promoting peace, development and cooperation, and has no intention to control European countries through financial tools, she said.Regarding to the role China played in the settlement of the current European debt crisis, Fu pointed out that China has been an active part of the international community supporting Europe to overcome its crisis.In addition to the cooperation in the financial sector, China also expands its imports, exploring ways to strengthen the investments in Europe and helping create jobs and restore economic growth, according to her.In her speech, she also said that in the process of industrialization, technological innovation, as well as in the fields such as green economy, Europe has always been a leading player in the world.After World War II, European countries learned from their mistakes and started the integration process to create lasting peace. The EU has been successful in maintaining regional peace and promoting economic prosperity. The governance experience in Europe is useful to other regions of the world.However, the European experience should not be completely copied by other regions due to their unique history and real situations.

BEIJING, Jan. 7 (Xinhua) -- The two-day National Financial Work Conference concluded Saturday, laying out development plans for the financial sector in the coming five years, according to a statement released after the meeting.Chinese Premier Wen Jiabao was present at the conference and delivered a keynote speech.Such a conference is held every five years. Similar meetings were held in 1997, 2002 and 2007.

SAN FRANCISCO, Nov. 3 (Xinhua) -- Computer chipmaker Advanced Micro Devices Inc. (AMD) on Thursday said it plans to cut its global workforce by about 10 percent in a move to reduce operational costs.The layoff will occur across all functions globally and is expected to be substantially completed by the end of the first quarter of 2012, the company said.The cuts will amount to about 1,400 jobs, according to estimates by analysts.Combined with implementing efficiencies across the company's operations, AMD expected that the workforce reduction will result in operational savings of more than 200 million U.S. dollars in 2012."Reducing our cost structure and focusing our global workforce on key growth opportunities will strengthen AMD's competitiveness and allow us to aggressively pursue a balanced set of strategic activities designed to accelerate future growth," Rory Read, AMD's chief executive officer, said in a statement.As the world's second largest maker of processors for computers, AMD has been suffering from the slowdown of global PC market and is seen as slow to move into new mobile device market.The operational savings will help accelerate the company's future growth in lower power, emerging markets and in the cloud computing field, AMD said.

BEIJING,Nov. 9 (Xinhuanet) – Yinghuo-1, China's first interplanetary spacecraft, is set to hitch a ride with Russia's Phobos-Grunt Mars mission in the early hours on Wednesday, after a two-year delay.A Zenit-2SB rocket will carry Yinghuo-1 and Phobos-Grunt into space from the Baikonur Cosmodrome launch site in Kazakhstan.It is China and Russia's first joint Mars operation and also marks China's first voyage to the Red Planet, China Great Wall Industry Corp said in a news release on Tuesday.Yinghuo-1 will work in orbit with Phobos-Grunt for more than 12 months in collecting data on the Martian atmosphere.Both spacecraft will travel for more than 10 months before entering Martian orbit. During the trip, Yinghuo-1's power supply, communications and temperature gauge will be controlled from the Russian craft, scientists said.Both craft will orbit the planet three times before decoupling. The 106-kg Yinghuo-1 will circle Mars in an elliptical orbit, while Phobos-Grunt will actually land on Phobos, one of the two Martian moons, and bring back soil samples to Earth."The collaboration with Russia will enhance China's ability in deep space exploration, improve spacecraft design and development, and promote planetary exploration," said an unnamed official with the corp, a subsidiary of the China Aerospace Science & Technology Corp. Russia's Lavochkin Research and Production Association signed a cooperation contract, based on an agreement between the Chinese and Russian governments, with China Great Wall Industry Corp in 2007.Yinghuo-1, with a two-year lifespan, also has its own scientific goals.These include analyzing the planet's magnetic environment and ionosphere (upper atmosphere), taking images of topographical features and studying gravity fields on the Martian equator.Pang Zhihao, deputy editor-in-chief of the monthly publication, Space International, said China's focus on the planet's upper atmosphere is significant.Twenty detectors have explored parts of Mars, but most of them have looked for traces of life or water or places suitable for setting up colonies, he said.But studying the upper atmosphere is also vital if humans are to live on the planet, he said.The mission was set for October 2009, but later postponed to this year to enhance the reliability of the project.Only the United States, the former Soviet Union and the European Union have succeeded in landing probes on Mars. Five are in operation, four belong to the US and one belongs to the EU.At least 21 probes sent to the planet have failed. The Shanghai Academy of Spaceflight Technology under the CASC, which designed Yinghuo-1 in 23 months, said that the satellite posed a major technological challenge as the furthest space destination for China before had been the moon. The moon's average distance from Earth is about 384,000 km. The distance between Mars and Earth, depending on orbits, ranges from approximately 55 million km to about 350 million km.Yinghuo-1 will have to endure periods in the freezing dark side of the planet.It underwent simulated tests that matched the Martian temperature, - 260 C.Because of the distances involved, the satellite cannot rely on ground control to adjust position. It will rely on its own onboard computer, scientists said.

WASHINGTON, Nov. 10 (Xinhua) -- NASA's car-sized Mars rover Curiosity, which will examine one of the most intriguing areas on the Red Planet, is in final preparations for a launch from Florida 's Space Coast at 10:25 a.m. EST (15:25 GMT) on Nov. 25, the U.S. space agency announced on Thursday.Curiosity is about twice as long and more than five times as heavy as any previous Mars rover. Its 10 science instruments include two for ingesting and analyzing samples of powdered rock delivered by the rover's robotic arm. It is now sitting atop an Atlas V rocket awaiting liftoff from Cape Canaveral Air Force Station."Preparations are on track for launching at our first opportunity," said Pete Theisinger, Mars Science Laboratory project manager at NASA's Jet Propulsion Laboratory. "If weather or other factors prevent launching then, we have more opportunities through Dec. 18."Scheduled to land on the Mars in Aug. 2012, the one-ton rover will examine Gale Crater during a nearly two-year prime mission. Curiosity will land near the base of a layered mountain three miles (five kilometers) high inside the crater. The rover will investigate whether environmental conditions ever have been favorable for development of microbial life and preserved evidence of those conditions.