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BEIJING, Nov. 26 (Xinhua) -- Chinese Foreign Minister Yang Jiechi met with Chi Jae Ryong, Ambassador of the Democratic People's Republic of Korea (DPRK) to China, and held phone conversation with U.S. Secretary of State Hillary Clinton and ROK Foreign Minister Kim Sung-hwan on Friday.They exchanged views on issues including the situation of the Korean Peninsula, according to a statement released Friday night by the Chinese Foreign Ministry.Yang said China gives utmost attention to the exchange of fire between the DPRK and the ROK which happened days ago, and is very concerned about the development of the situation.The DPRK and the ROK should exercise calm and restraint, engage in contacts as soon as possible, and solve problems through negotiations and dialogue, Yang said."The pressing task now is to put the situation under control and prevent a recurrence of similar incidents," he said.Parties related should actively work for peace and facilitate talks, jointly safeguard peace and stability of the Korean Peninsula while adopting responsible attitudes, Yang said.Parties involved should work together for an early restart of the six-party talks, and push forward denuclearization process of the Korean Peninsula, Yang said.The DPRK, the ROK and the U.S. sides elaborated on their views on the current situation, and expressed the importance they attached to China's stance and their willingness to maintain contacts with the Chinese side.The ROK and the DPRK exchanged artillery fire Tuesday in waters off the west coast of the Korean Peninsula, leaving four people dead.China on Friday also voiced its opposition to any military acts in its exclusive economic zone without permission, days before a joint military exercise between United States and ROK on the Yellow Sea."We hold a consistent and clear-cut stance on the issue. We oppose any party to take any military acts in our exclusive economic zone without permission," Foreign Ministry spokesman Hong Lei said in a statement Friday.
BEIJING, Dec. 22 (Xinhua) -- China unveiled a new asset-management company that aims to restructure and merge small, uncompetitive state-owned enterprises (SOEs) on Wednesday.The new firm, China Reform Holdings Corporation Ltd., will focus on "reorganizing small-sized SOEs which do not affect national security and are not crucial to the national economy," the State-owned Assets Supervision and Administration Commission (SASAC), the SOE watchdog, said in a statement.The first-phase registered capital of the new company, which is wholly owned by SASAC, is 4.5 billion yuan (681 million U.S. dollars). SASAC has not yet revealed which companies will be involved in the reshuffling.Xie Qihua, former chairman of the Baosteel Group Corporation, China's largest steel maker, has been appointed board chairman of the new company.Liu Dongsheng, an SASAC official, will act as general manager, it said."The launch of the new company marks an important move to optimize the relocation of state economic resources and to give state capital more vitality, control and impact on key sectors," Wang Yong, deputy director of SASAC, said at the launching ceremony.He noted because the assets of the reshuffled companies took up a considerable amount of the entire state assets, the restructuring plays an active role in improving asset quality.According to SASAC' s plan, the company will participate in the share-holding reform of the reshuffled enterprises, and will also invest in emerging industries with strategic importance.Also at the launching ceremony, Wang stressed that the company is an asset management company rather than an investment group, ending rumors that it will become China's second sovereign fund after the China Investment Corporation (CIC).He noted the new company's mission is explorative and challenging, which needs to deal with it in a proactive and cautious way.In order to enhance the state company's efficiency and competitiveness, SASAC cut the number of SOEs under its direct control from 196 to 122 over the last seven years. They are expected to be further consolidated into around 100 by the end of 2010, according to SASAC plans.However, SASAC officials said it remains difficult to meet the target in time."It takes time to meet the goal," said Shao Ning, deputy director of SASAC. He added that the restructuring should take place when the time is right, and should give priority to "quality" and "good results" to ensure stability of the enterprises.In order to help the uncompetitive companies withdraw from the market in a stable manner, SASAC promised to offer support for the employers in those companies.Zhou Fangsheng, an expert on SOE issues, said it is good news for the uncompetitive SOEs to be merged into the new company with their debt relieved.But it is still quite explorative, he added.The new company is the third oversight asset management company by SASAC, besides the China Chengtong Group and the State Development & Investment Corp.Shao Ning told Xinhua that the previous two companies have their own business scope, besides dealing with non-performing assets. But the new company will only focus on asset management.Profits of China' s SOEs rose by 43 percent year on year to hit 1.81 trillion yuan (271.92 billion U.S. dollars) in the first 11 months, according to the figures released by the Ministry of Finance on Dec. 17.However, profits were concentrated in a small number of companies, such as oil producers and refiners, telecom operators and power companies which enjoy monopolies and easy bank loans.Companies in the traditional sectors, such as textiles and light industries, reported meager profits.A stronger presence of the monopolistic SOEs aroused complaints by the nation's private businesses, which had no easy access to bank credit but provided more than 80 percent of the job opportunities in the nation.China's SOEs include SOEs directly controlled by the central government and SOEs supervised by local governments, but excludes state-owned financial enterprises.

UNITED NATIONS, Jan. 18 (Xinhua) -- China welcomes the smooth completion of the referendum in south Sudan, which is "an important step" towards the full implementation of the Comprehensive Peaceful Agreement, a senior Chinese diplomat said here on Tuesday. Addressing an open debate on the situation of Sudan in the Security Council, China's deputy permanent representative to the UN Wang Min said that the referendum in south Sudan is not an end in itself in implementing the CPA, instead, realizing sustainable peace, stability and development in Sudan is the final purpose. "No matter what the outcome of the referendum is, it is imperative to ensure the long-term peace and stability in Sudan and the region at large," said Wang. Wang noted that China hoped to see the north and south Sudan would continue to conduct dialogue and consultations, so as to reach an earlier agreement on such issues as the status of Abyei, wealth sharing and border demarcation, lying down a foundation for further promoting the north-south peace process. On Saturday, South Sudan referendum polling centers closed. The referendum will determine whether south Sudan remains a part of Sudan or becomes independent, in accordance with the 2005 CPA that ended a long-running north-south civil war. In order to assist Sudan in the referendum, China has donated to the Southern Sudan Referendum Commission 500,000 U.S. dollars in cash and provided its bureau with support in kind. China has also sent a group of observers to Sudan. Wang reiterated China's willingness to "work together with the international community and the parties concerned to continue to play an active and constructive role in promoting the long-term peace, stability and development of Sudan." Concerning the situation in Darfur region, Wang said that China supports a peaceful and comprehensive settlement to the Darfur issue, in particular the tackling of the root causes for the issue. "At present, the security situation in Darfur is very fragile, and humanitarian assistance is faced with many difficulties, " said Wang, "the root cause is the lack of a strong and widely supported political agreement in Darfur." China called on the Security Council and international community to strengthen support for political process in Darfur and urged the Darfur rebel groups to join the peace talks without conditions and delay, said Wang.
BEIJING, Jan. 3 (Xinhuanet) -- Chinese scientists have made a breakthrough in spent fuel reprocessing technology that could potentially solve China's uranium supply problem, Chinese television reported on Monday.The technology, developed and tested at the No.404 Factory of China National Nuclear Corp in the Gobi desert in remote Gansu province, enables the re-use of irradiated fuel and is able to boost the usage rate of uranium materials at nuclear plants by 60 folds."With the new technology, China's existing detected uranium resources can be used for 3,000 years," the China Central Television reported.China, as well as France, the United Kingdom and Russia, actively supports reprocessing as a means for the management of highly radioactive spent fuel and as a source of fissile material for future nuclear fuel supply.This Dec 26, 2008 file photo shows a huge construction site of the expansion project of the two million-kw generating units in the Qinshan Nuclear Power Plant in Haiyan, East China's Zhejiang province.But independent scientists argued that commercial application of nuclear fuel reprocessing has always been hindered by cost, technology, proliferation risk and safety challenges.China has 171,400 tonnes of proven uranium resources spread mainly in eight provinces -- Jiangxi, Guangdong, Hunan, Xinjiang, Inner Mongolia, Shaanxi, Liaoning and Yunnan.China is planning a massive push into nuclear power in an effort to wean itself off coal, the dirtiest fossil fuel. It now has 12 working reactors with 10.15 gigawatt of total generating capacity.China has set an official target of 40 gigawatts (GW) of installed nuclear generating capacity by 2020, but the government indicated it could double the goal to about 80 GW as faster expansion was one of the more feasible solutions for achieving emissions reduction goals.As such, China will need to source more than 60 percent of the uranium needed for its nuclear power plants from overseas by 2020, even if the country moves forward with a modest nuclear expansion plan, Chinese researchers say.
WASHINGTON, Jan. 18 (Xinhua) -- Chinese President Hu Jintao landed in the U.S. capital of Washington Tuesday for a four-day state visit aimed at enhancing the positive, cooperative and comprehensive relationship between China and the United States."I look forward to having in-depth discussions with President (Barack) Obama on China-U.S. relations and major international and regional issues of shared interest," President Hu said in a statement released upon his arrival at the airport.He said the purpose of his visit is to enhance mutual trust, promote friendship, deepen cooperation and move forward the positive, cooperative and comprehensive China-U.S. relationship for the 21st century.Chinese President Hu Jintao (C, front) arrives at Washington, the United States, on Jan. 18, 2011. Hu Jintao landed here Tuesday for a four-day state visit. "I also look forward to meeting American friends from various sectors to strengthen mutual understanding and friendship between our two peoples," he said.Noting that the international situation is undergoing profound and complex changes, Hu said China and the United States have growing common interests and responsibilities and enjoy broader prospect for cooperation.Hu said the long-term, sound and steady growth of China-U.S. relations is conducive to the fundamental interests of the Chinese and American peoples and to world peace and development.
来源:资阳报