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BEIJING, Dec. 10 (Xinhua) -- Ruling parties of China and Japan on Thursday pledged to deepen trust and work together for a stronger strategic relationship of mutual benefit between the two countries. The pledge came out of a meeting between Chinese President Hu Jintao and Secretary General of the Democratic Party of Japan (DPJ) Ichiro Ozawa in Beijing on Thursday afternoon. Ozawa is leading a delegation of 600-strong members, including 146 DPJ lawmakers from the upper and lower houses of the Japanese Diet, for a four-day visit in Beijing. Chinese President Hu Jintao (R) meets with Secretary General of the Democratic Party of Japan (DPJ) Ichiro Ozawa in Beijing, capital of China, Dec. 10, 2009. Ozawa led a delegation of 600-strong members for a four-day visit in Beijing The group is the first DPJ-led delegation to China since the DPJ came to power in September. Hu started the meeting by calling Ozawa "an old friend of the Chinese people who visited China many times and made important contribution to bilateral relations." Chinese President Hu Jintao (R) shakes hands with members of a delegation led by Ichiro Ozawa, secretary general of the Democratic Party of Japan (DPJ), in Beijing, capital of China, Dec. 10, 2009.This was the third meeting in Beijing between Hu and Ozawa, who visited China in capacity of the DPJ leader in 2006 and 2007. "The Communist Party of China (CPC) attaches great importance to relations with DPJ and would like to work together to improve party-to-party exchange mechanism," said Hu, who is the general secretary of the CPC Central Committee. Hu called for concerted efforts to make the mechanism an important platform for the two ruling parties to hold dialogues, enhance trust, promote cooperation and seek common development in a bid to boost the sound and in-depth growth of bilateral relationship. Ozawa echoed Hu's views, saying the DPJ was committed to bolstering Japan-China ties and would continue to make best of the party-to-party exchange mechanism for a better strategic relationship of mutual benefit. On the broader China-Japan relations, Hu said the two countries had interacted actively and undergone a smooth transition since the DPJ became Japan's ruling party in September. Hu said he and Japanese Prime Minister Yukio Hatoyama reached important consensus on furthering the strategic relationship of mutual benefit and bringing the bilateral relationship to a new era. Stressing the principle and spirit of four political documents between the two countries, Hu said China would like to work more closely with Japan to properly address the sensitive issues between them and jointly tackle global challenges. Ozawa praised China's economic and social progress and its constructive role in international affairs. Ozawa said profound changes in the international arena offered a broad prospect for Japan and China to work together in all fronts. Prior to the two leaders' meeting, Hu and the Japanese delegation had their group photos taken at the Great Hall of the People in downtown Beijing. The delegation was the 16th one under the "Great Hall Program," a people-to-people exchange scheme initiated in 1989. The program has so far sent about 350 Japanese lawmakers and more than 2,000 representatives from various circles to visit China.
COPENHAGEN, Dec. 7 (Xinhua) -- China has all along actively pushed forward international negotiations on climate change, and made its own contribution in energy saving and emissions cut, said a senior Chinese official on Sunday. China, with its continuous development and increasing influence, is playing an ever bigger role in climate change negotiations, Xie Zhenhua, vice minister in charge of China's National Development and Reform Commission, told Xinhua. Xie is in Copenhagen to attend the UN Climate Change Conference, which is slated for Dec. 7 to 18. "As a responsible country, China takes a serious attitude toward combating climate change. It has always wielded positive and constructive influence on climate change negotiations, and wishes this latest conference a success," said Xie. He said China's most important measure to boost this conference was its recent announcement of the target to reduce its carbon intensity for per unit of GDP by 40 percent to 45 percent by 2020 against the 2005 level. He said China has set up a series of energy conservation and emissions reduction targets, and has taken many measures to ensure their implementation. China would continue to raise energy efficiency, develop nuclear power and renewable energy, plant trees, adopt energy-saving measures in construction and transportation, and develop low-carbon economy, he said. Developed countries, which shoulder historical responsibilities for climate change due to their emissions, have accomplished their industrialization, while China is still in the process of industrialization, noted Xie. China, as a developing country, voluntarily put on table its emissions cut target by 2020, although the UN Framework Convention on Climate Change does not demand any numerical limitations from developing countries. China, on its road to industrialization, will not send off greenhouse gases without restriction, Xie said, adding that China will never repeat developed countries' old paths of high energy consumption and unlimited emissions. He said China holds the view that its efforts in saving energy, cutting emissions and boosting international climate change negotiations represent a responsible attitude to mankind and the country itself.

BEIJING, Nov. 17 (Xinhua) -- China and the United States would work together for positive results at the Copenhagen summit slated for December this year, Chinese President Hu Jintao said here on Tuesday. "President Obama and I agreed to expand the China-U.S. cooperation in the fields of climate change, energy and environment," Hu told the press after talks with visiting U.S. President Barack Obama. China and the United States would cooperate with all sides concerned, on the basis of the "common but differentiated responsibilities" principle and their respective capabilities, to help produce positive results at the Copenhagen summit on climate change, said Hu. China and the United States have signed documents of cooperation including a memorandum of understanding on enhancing cooperation on climate change, energy and the environment, and have officially launched an initiative on a joint research center on clean energy, he added.
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.
ASHGABAT, Dec. 14 (Xinhua) -- Chinese President Hu Jintao's visit to Central Asia has been fruitful, Chinese Foreign Minister Yang Jiechi said Monday. Hu has reached broad consensus with leaders of Central Asian countries on strengthening political mutual trust, deepening practical cooperation, and promoting communication and coordination in multilateral organizations, Yang told reporters. CHINA-KAZAKHSTAN STRATEGIC PARTNERSHIP PROMOTED Chinese President Hu Jintao (L) meets with Kazakhstan's President Nursultan Nazarbayev in Astana Dec. 12, 2009. During his visit to Kazakhstan, the Chinese leader reached agreement with his Kazakh counterpart, Nursultan Nazarbayev, on promoting the Sino-Kazakh strategic partnership, said Yang, who was accompanying Hu during his visit. Hu made five proposals: strengthening political mutual trust, deepening cooperation in the energy sector and other sectors, enhancing financial cooperation, and expanding cultural cooperation. Hu expressed China's willingness to work with Kazakhstan and support each other on issues concerning their core interests, and push forward practical cooperation in various areas. Nazarbayev said he highly valued the important role of China's good neighborly foreign policy in promoting peace, security and development in Asia and the world. The two leaders agreed to further promote practical cooperation between China and Kazakhstan in various fields, and strengthen cooperation in important organizations and frameworks such as the Shanghai Cooperation Organization (SCO) and the Conference on Interaction and Confidence-building Measures in Asia (CICA), Yang said.
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