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LONDON, Jan. 12 (Xinhua) -- Chinese Vice Premier Li Keqiang met with British Business Secretary Vince Cable here on Wednesday, with both sides agreeing to further develop economic and trade ties.China and Britain are both major economies in the world, so bilateral trade has a solid foundation and broad prospects, said Li, adding that the two sides should establish a more strategic and long-term economic and trade relationship, and jointly promote economic growth.He said the two countries should further expand mutual investment, deepen cooperation in infrastructure construction, advanced manufacturing and service trade, energy development, innovative technology and other areas, and jointly develop the third-party markets.The Chinese leader welcomed British companies to continue to invest in China, and said China would also encourage more Chinese enterprises to invest and seek development in Britain.He pledged that China will continue to improve its investment environment and provide convenience for British enterprises, while also expressing the hope that Britain can do the same for Chinese investors.In his turn, Cable said the British government and business community have been committed to developing closer economic and trade ties with China, adding that the two countries have complementary advantages and therefore great potential for broader and deeper cooperation.British entrepreneurs present at the meeting briefed Li about their investment and operations in China.Li, accompanied by Cable, also visited on Wednesday the BRE Innovation Park and an exhibition of the latest research development and achievements in the field of low-carbon architecture and community.
BEIJING, Dec. 30 (Xinhua) -- Top Chinese leaders including President Hu Jintao on Thursday watched Peking Opera at the National Center for the Performing Arts in a gala to celebrate the New Year.Top legislator Wu Bangguo, top political advisor Jia Qinglin, and other senior leaders including Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang also watched the performance together with nearly 1,000audience.The programs include excerpts from modern Peking Opera "The Red Detachment of Women" and a series of traditional works.Chinese top leaders Hu Jintao, Wu Bangguo, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang pose for a group photo with performers after watching Peking Opera in a gala to celebrate the New Year at the National Center for the Performing Arts in Beijing, capital of China, Dec. 30, 2010.The over 200-year-old Peking Opera, which combines instrumental music, vocal performances, mime, dance and acrobatics, was regarded as a cultural treasure of China. It was recognized as an intangible cultural heritage last month by the United Nations Educational, Scientific, and Cultural Organization (UNESCO).

BEIJING, Nov. 20 (Xinhua) -- China Petroleum and Chemical Corporation (Sinopec), China's largest oil refiner, said Friday it has suspended diesel exports to relieve shortages in the domestic market.Sinopec also said it is seeking to import 200,000 tonnes of diesel.PetroChina Co., China's largest oil producer, plans to import 200,000 tonnes of diesel. Some 35,000 tonnes of it has already arrived.Insiders said China's diesel output in the first nine months soared, prompting the two oil giants to expand exports.Sinopec attributed recent hikes in the domestic price of diesel to hoarding, seasonal factors, transport factors and energy-saving measures."The fundamental reason for the diesel shortage is the industry monopoly. Oil refiners are not keen to increase production because profit margins in the sector are relatively low," said Qi Fang, director of the Hebei Provincial Petroleum Industry Chamber of Commerce."The two oil giants operate on a planned-economy basis, resulting in an unbalanced supply-and-demand situation. Supply and demand can easily outstrip each other as government planning cannot keep pace with changes in the market," Qi said.Statistics from the General Administration of Customs show China exported 360,000 tonnes of diesel in October - only slightly lower than the 368,100 tonnes it exported in September - even as diesel shortages worsened.Diesel imports in October rose to 400,000 tonnes, up from 250,000 tonnes in September.
BEIJING, Dec. 31 (Xinhua) -- Chinese President Hu Jintao put the country's economic tasks on top of next year's agenda in a New Year address broadcast Friday.In his address to domestic and overseas audience via state TV and radio broadcasters, Hu said to accelerate the transformation of economic development pattern will be a consistent thread of China's work in 2011, the first year of the country's 12th Five-Year Program.China will adopt a "proactive" fiscal policy and "prudent" monetary policy, speed up economic restructuring, improve people's livelihood and push forward reform and opening-up, he said in the speech titled "Jointly Improve the Welfare of People from All Countries," broadcast by the China Radio International, China National Radio and China Central Television.The country will stick to the guidelines of "one country, two systems", "Hong Kong people governing Hong Kong", "Macao people governing Macao" and a high degree of autonomy to maintain long-term prosperity and stability of Hong Kong and Macao, he said."We will adhere to the principles of 'peaceful reunification' and 'one country, two systems,' firlmly hold on to the theme of peaceful development of cross-Strait relations, continue to advance exchanges and cooperation, and ceaselessly work for the benefit of the compatriots on both sides of the Taiwan Strait," he said.Chinese President Hu Jintao delivers a New Year address titled "Jointly Improve the Welfare of People from All Countries" which is broadcasted to domestic and overseas audiences via state TV and radio broadcasters, in Beijing, capital of China, Dec. 31, 2010. In 2010, in face of complicated domestic and international situations, Chinese people successfully hosted the Shanghai World Expo and the Asian Games in Guangzhou while bravely fighting against deadly natural disasters including the earthquake in Qinghai Province and the landslide in Gansu Province, he said.China fulfilled the targets set by the 11th Five-Year Program (2006-2010) and increased its economic and comprehensive strength, Hu said.The country was also actively engaged and played a constructive part in international cooperation to cope with global financial crisis, climate change and nuclear issues, he said."On behalf of the Chinese government and people, I would like to extend sincere acknowledgement to governments and people who offered great help to us this year," Hu said.WORKING TOGETHER WITH OTHER COUNTRIESThe world currently is witnessing multipolarization and globalization while science and technological development is on the edge of breakthrough, Hu said.But the global economy is still moving on a long and winding path towards recovery and issues like climate change, energy, food security and public health security become more serious, Hu said."International and regional hot issues have cropped up one after another, while peace and development of the world are facing unprecedented opportunities and challenges."China will hold high the flag of peace, development and cooperation, adhere to the independent foreign policy, maintain world peace and promote common development, Hu said.The country will stick to the principle of mutual benefits when opening up itself, he said.China will develop friendly cooperation with all other countries on the basis of the five principles of peaceful co-existence and continue to actively participate in international cooperation on global issues, Hu said."(We) will continue to work with the people of all countries to jointly promote the building of a harmonious world of lasting peace and common prosperity," said Hu.He also extended sympathy to people who have been suffering from war, poverty, diseases and natural calamities and promised that China will do all it can to help them as it has done before."I believe, as long as the people from all countries make efforts hand in hand, the world will have a better future and the welfare of the people from all countries will be improved," Hu said.An article by Hu on implementing the guiding principles of the Fifth Plenum of the 17th Communist Party of China (CPC) Central Committee will be published in Qiu Shi (Seeking Truth), an official magazine of the CPC Central Committee, on Jan. 1.
GUANGZHOU, Nov. 16 (Xinhua) -- Chinese Premier Wen Jiabao has said that the State Council, China's Cabinet, is drafting measures to suppress sharp rises of commodity prices which concerns people's immediate interests.Wen made the remarks during his visit to Guangzhou city of south China's Guangdong Province from Nov. 11 to 12 before attending the opening ceremony of the Guangzhou Asian Games.Wen urged local governments to ensure supplies for daily food and other necessities to maintain market orders.In visiting a biochemical research institution under Chinese Academy of Sciences in Guangzhou, the premier encouraged scientists and researchers to make more achievements in stem cell study to benefit the people.Chinese Premier Wen Jiabao (C) visits Hansen Technology Co., LTD in Zhuhai during his visit to Guangzhou and Zhuhai, south China's Guangdong Province, on Nov. 15, 2010. On Sunday and Monday, Wen made an inspection tour to Guangdong's Zhuhai city, after attending the opening ceremony of the third Ministerial Conference of the Forum for Economic and Trade Cooperation between China and Portuguese-Speaking Countries in the Macao Special Administrative Region (SAR).In Zhuhai's Hengqin island, Wen asked the local government to pay more attention to environmental protection while developing the Hengqin New District.Visiting a company producing lithium batteries for electric automobiles, Wen said development of China's electric automobile industry was in a critical period and the government would continue to promote the industry with supporting policies.
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