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BEIJING, Nov. 17 (Xinhua) -- The United States and China, the world's first and third largest economies, have pledged to rebalance each other's economy and move in tandem on forward-looking monetary polices for a strong and durable global economic recovery, according to a China-U.S. joint statement released here on Tuesday. The statement, issued after talks between Chinese President Hu Jintao and his U.S. counterpart Barack Obama, has climaxed the latter's first China trip since he took office in January. "China will continue to implement the policies to adjust economic structure, raise household incomes, expand domestic demand to increase contribution of consumption to GDP growth and reform its social security system," said the statement. The United States, in return, will take measures to increase national saving as a share of GDP and promote sustainable non-inflationary growth. "To achieve this, the United States is committed to returning the federal budget deficit to a sustainable path and pursuing measures to encourage private saving," it said. President Obama made it clear at an earlier press conference Tuesday afternoon that the rebalancing strategy would require America to save more, reduce consumption and reduce long-term debts. The statement also said that both sides will pursue forward-looking monetary policies and have "due" regard for the ramifications of those policies for the international economy. The two also agreed to expedite negotiation on a bilateral investment treaty, and work proactively to resolve bilateral trade and investment disputes in a constructive, cooperative and mutually beneficial manner. Recognizing the importance of open trade and investment to their domestic and the global economies, the two are committed to jointly fight protectionism in all its manifestations. "We both agreed to properly handle trade frictions between the two countries through negotiations on an equal basis, and to make concerted efforts to boost bilateral trade and economic ties in a healthy and steady way," said President Hu. "I stressed to President Obama that under the current situation, both China and the United States should oppose and reject protectionism in all forms in an even stronger stand," he said. The two sides also reiterated that they would continue to strengthen dialogue and cooperation on macro-economic policies and pledged to honor all commitments made at the first round of the Sino-U.S. Strategic and Economic Dialogue last July, the Group of 20 summits, and the recently concluded APEC Economic Leaders' Meeting in Singapore. The statement said that both sides commended the important role of the three G20 summits in tackling the global financial crisis, and were committed to work with other members of the G20 to enhance the G20's effectiveness as the premier forum for international economic cooperation. China and the United States also agreed to work through a cooperative process on mutual assessment to make the G20 Framework for Strong, Sustainable and Balanced Growth a success. The statement said that both sides welcomed recent agreements by the G20 to ensure that the International Financial Institutions (IFIs) have sufficient resources and to reform their governance structures. "The two sides stressed the need to follow through on the quantified targets for the reform of quota and voting shares of IFIs as soon as possible, increasing the voice and representation of emerging markets and developing countries in these institutions consistent with the Pittsburgh Summit Leaders Statement," it said.
LIMA, Nov. 22 (Xinhua) -- China's top political advisor Jia Qinglin arrived in Lima on Sunday, kicking off his official good-will visit to this South American country. Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, delivered a written speech upon his arrival at the airport of the Peruvian capital. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, arrives in Lima to start an official goodwill visit to Peru on Nov. 22, 2009. In the speech, Jia hailed the traditional friendship and sound development of bilateral ties, highlighting the fruitful cooperation in various fields and close coordination on international and regional affairs since the two countries established diplomatic ties in 1971. The China-Peru relations entered a new phase of development when the two states established a strategic partnership in 2008, Jia said. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, arrives in Lima to start an official goodwill visit to Peru on Nov. 22, 2009. China always attaches importance to the relations with Peru and will work together with Peru to promote the partnership in a bid to benefit the two peoples, he noted. Jia is paying a two-day visit to Lima, which is expected to further friendship, mutual respect and cooperation, at the invitation of the Peruvian government. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, arrives in Lima to start an official goodwill visit to Peru on Nov. 22, 2009. He is scheduled to meet the Peruvian leadership and attend the opening ceremony of a China-Peru business forum on Monday. Jia visited the Philippines and made a stopover at French Polynesia last week. He will also visit Ecuador and Brazil.

BEIJING, Nov. 6 (Xinhua) -- Senior public security officials from China and Russia met here Friday, vowing to enhance cooperation and jointly safeguard regional peace and stability. This year marks the 60th anniversary of the founding of the People's Republic of China as well as the 60th anniversary of the establishment of China-Russia diplomatic ties, said China's Public Security Minister Meng Jianzhu in a meeting with the Director of the Federal Security Guard Service of Russia Yevgeni Murov. He praised the successful cooperation between the two countries' public security departments in the past years and called on the two sides to further enhance law enforcement cooperation within the framework of bilateral relations and the Shanghai Cooperation Organization (SCO). Murov said China had accumulated valuable experience in safeguarding public security during the Beijing Olympics and the celebrations of the 60th anniversary of the founding of New China. Russia is willing to learn such experience from China and hoped to strengthen exchanges and cooperation with China's Ministry of Public Security, he noted.
SHARM EL-SHEIKH, Egypt, Nov. 9 (Xinhua) -- The 4th Ministerial Conference of the China-Africa Cooperation Forum (FOCAC) wrapped up in the Egyptian Red Sea resort of Sharm el-Sheikh on Monday, with the adoption of the Declaration of Sharm el-Sheikh and Sharm el-Sheikh Action Plan, defining new programs of cooperation between the two sides in the next three years. The Declaration of Sharm el-Sheikh, the political document of the conference, sets forth the guiding principles of China-Africa cooperation, reflects the views and consensus of both sides on major international and regional issues and China-Africa relations, and expresses the hope to strengthen China-Africa cooperation under the new circumstances. Foreign ministers from China and African countries present at the end of the Fourth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) in the Egyptian Red Sea resort of Sharm El-Sheikh on Nov. 9, 2009. The Fourth Ministerial Conference of the FOCAC closed on MondayThe adopted Sharm el-Sheikh Action Plan (2010-2012) puts forward the guidelines, main objectives and specific measures for China-Africa cooperation in priority areas in the next three years. The two documents have been adopted after many rounds of consultations between the two sides, which reflected the collective wisdom and common vision in developing China-Africa relations, said Chinese Foreign Minister Yang Jiechi in the closing ceremony of the 4th Ministerial Conference. Chinese Foreign Minister Yang Jiechi (L) and Egyptian Minister of Foreign Affairs Ahmed Abul Gheit present at the end of the Fourth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) in the Egyptian Red Sea resort of Sharm El-Sheikh on Nov. 9, 2009.
BEIJING, Oct. 27 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday urged efforts to reinforce Party building at grassroots organizations so as to give full play to the Party's leading role in building civilized and harmonious neighborhood. In a meeting on the study and implementation of the Scientific Outlook on Development, Xi urged members of the Communist Party of China (CPC) in city's neighborhood committees to promote local development and safeguard social stability. Chinese Vice President Xi Jinping (2nd L), also member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, speaks at a symposium on the study and implement of the Scientific Outlook on Development in Beijing, capital of China, on Oct. 27, 2009Xi, also member of the Standing Committee of CPC Central Committee Political Bureau, said neighborhood committees played a significant role in dissolving social conflicts and promoting social and economic development in urban areas. Party members at grassroots organizations should find out people's complaints and help solve their problems, and do practical things for them, he said.
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