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UNITED NATIONS, Sept. 23 (Xinhua) -- Chinese Premier Wen Jiabao met with U.S. President Barack Obama here on Thursday, focusing on bilateral ties and regional and world issues and calling for more cooperation.China and the United States can deepen their cooperation on significant international affairs and major regional issues as well as on efforts to handle global financial woes and climate change, Wen said.He said China and the United States could forge an even closer and wider-ranging trade and financial relationship. Chinese Premier Wen Jiabao (L) meets with U.S. President Barack Obama in New York, the United States, Sept. 23, 2010.At the beginning of the meeting, Wen said the China-U.S. relationship has advanced beyond the bilateral scope and has a major impact on the world.The common interests of the two countries far outweigh their differences, Wen said.Although there exist differences between China and the United States, the problems can be well solved through dialogue and cooperation, the premier said.The meeting at the United Nations added to the increasing number of meetings held between Chinese and American leaders since Obama took office in 2009.

XIAMEN, Sept. 7 (Xinhua) -- China will continue to attract large influxes of foreign investment in the next few years despite uncertainties in the global economic recovery, Commerce Minister Chen Deming said Tuesday.Although uncertainties lie in the process of the global economic recovery and the development trend of the world economy would, to some extent, affect foreign investment in China, the next few years will still be a high-tide period for foreign investment inflow into the country, Chen said Tuesday at a ministerial conference at the 2nd World Investment Forum (WIF) in Xiamen City in southeast China's Fujian Province."Currently, many countries and organizations have rated China as the most appealing destination for investment, which probably would not be changed for a few years," said the minister.Foreign direct investment (FDI) this year is set to "surpass 100 billion U.S. dollars," compared to 90 billion dollars last year, an official with the ministry predicted on Sunday.During the first seven months of this year, China's FDI increased 20.65 percent year on year to 58.35 billion dollars, according to the ministry' s latest statistics.Meanwhile, some 14,459 foreign-invested companies were established in China in the first seven months, up 17.9 percent year on year.

HANGZHOU, Sept. 24 (Xinhua) -- He Hongwei, a college graduate living in central eastern China's Zhejiang Province, five years ago fussed over landing a decent job amid red-hot competition in the world' s most crowded job market.He then began selling novelty toys on the Internet. Five years on, he has grown into a billionaire and today is busy seeking employees to work in his own factory."I never thought I would make my fortune on the Internet, starting from scratch," the 35-year-old He said.Several years ago, e-shopping was only a "shelter" for many young Chinese who turned to the Internet marketplace to make their living after failing to find decent jobs offline. Most of them earned only paper-thin profits, as e-commerce in China then was still in its infancy.He's story, however, reflected a trend that e-business in China was no longer merely a way of survival, but has become an incubator for the newly-rich who had not expected they could make their fortunes online.According to a report released by Alibaba.com earlier this month, China's largest Nasdaq-listed e-commerce company, some 77 million Chinese individuals and businesses have opened E-shops as of the end of this June.Further, the number of e-shoppers has reached 142 million, or one-third of the nation's total online population.Retail sales at e-shops more than tripled between 2007 and 2009, much faster than the 18 percent growth of retail sales in general during the same period. In the first half of this year, retail sales of e-businesses more than doubled to 211.8 billion yuan (31.6 billion U.S. dollars).Booming sales helped entrepreneurs with e-business start-ups live decent lives, as more than 1 million e-shops at Taobao.com, China's largest online marketplace, earn profits of at least 2,000 yuan a month.As their businesses grow larger, more shops reported profits of over 10 million yuan a year. Sheng Zhenzhong, senior analyst with the research center of Taobao.com, declined to disclose how many such shops were listed on Taobao, but said the number is steadily rising.INTEGRITYAs an old Chinese saying goes, free traders are not bad, which means businessmen should cheat to stay competitive.The old tenet used to work in the early 1980s' when the market economy was initially practiced in China and many businessmen profited from selling shoddy goods.But that could hardly be the case in today's online market, as integrity has become the most important traits for the Internet's commercial success in China.Shi Hongwei is a wholesaler of stockings at Taobao.com. He sells more than 2,000 pairs of socks everyday. For Shi, a young e-shop owner, this is quite a big deal. But, what he cares about most is the rating feedback from his customers.

BEIJING, Sept. 7 (Xinhua) -- A senior Chinese military officer said Tuesday that China attached great importance to the military relations with Myanmar.Chief of the General Staff of the Chinese People's Liberation Army Chen Bingde made the remarks when meeting with Thura U Shwe Mann, member of the State Peace and Development Council of Myanmar.Hailing the stable growth of bilateral ties between the two nations and the two militaries, Chen said the fruitful cooperation in various areas had brought concrete benefits for both sides. Chief of the General Staff of the Chinese People's Liberation Army Chen Bingde (R) meets with Thura U Shwe Mann, a member of the State Peace and Development Council of Myanmar, in Beijing, capital of China, Sept. 7, 2010.Chen hoped the two militaries would work together to carry forward the traditional friendship.Thura U Shwe Mann applauded China's unselfish help for Myanmar in its economic and defense construction, saying that Myanmar would work with China to boost pragmatic cooperation between the two militaries and the two countries.

BEIJING, Oct. 2 (Xinhua) -- The number of passengers traveling on China's railway set a new daily record on Oct.1 driven by holiday makers and improved rail transport capacity, railway authorities said Saturday.Daily railway passenger traffic on Friday hit 8.3 million riders, up 19.8 percent year on year and overtaking the daily record of 7.1 million set on May 1 during the Labor Day holiday, the Ministry of Railways (MOR) said.Friday's figure also outnumbered the previous day by 1.8 million, the MOR said.Over the past four days more than 24 million people in China chose to travel by train, which is 10.3 percent higher than the figure during the same period last year, said the ministry.Thanks to China's increased transport capacity, stemming partially from high-speed railway construction, railway authorities managed to meet the travel demands of holiday makers, which are dominated by travelers and those who were returning home.China's weeklong National Day holiday begins on Friday.China has 7,055 kilometers of high-speed railway in service, which is the world's longest, said He Huawu, chief engineer of the MOR.By 2012, China will have a railway network of 110,000 kilometers, 13,000 kilometers of which will be high-speed rail, according to the MOR.