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TORONTO, Canada, June 27 (Xinhua) -- Chinese President Hu Jintao and other leaders of the Group of Twenty (G20) members gathered in Toronto on Sunday for the group's fourth summit, which will focus on ways to secure the world economic recovery and address the economic challenges and risks.At the summit, the leaders will exchange views on ways to consolidate the recovery from the global economic and financial crisis and implement commitments from previous G20 summits while laying the foundation for sustainable and balanced growth.They will discuss a wide range of issues, including the world economic situation, the European debt crisis, "the Framework for Strong, Sustainable and Balanced Growth," the reform of the international financial institutions, the global trade and the strengthening of financial regulations, said a senior Chinese official.At the Pittsburgh summit, leaders of G20 members agreed to take action to address imbalances in the global economy by launching the Framework for Strong, Sustainable and Balanced Growth. The framework committed G20 members to evaluating their national policies to ensure they are collectively consistent with more sustainable and balanced trajectories of growth.President Hu is expected to deliver a speech at the summit to explain China's propositions on the world's major economic and financial issues, such as financial reforms and balanced economic growth, said Chinese officials.The Chinese president has participated in all the previous G20 summits -- the Washington summit in November 2008, the London summit in April 2009 and the Pittsburgh summit last September.The Toronto summit is being held at a time when the world economy is recovering but economic challenges and risks remain, posing threats to healthy growth."The global economy continues to recover faster than anticipated, although at an uneven pace across countries and regions. However, the recent volatility in financial markets reminds us that significant challenges remain and underscores the importance of international cooperation," said G20 finance ministers and central bank governors in a communique when they met in Busan, the Republic of Korea, early this month to prepare for the Toronto summit.At the previous three summits, leaders of G20 members coordinated a global response to the financial and economic crisis, implemented stimulus measures to revive the world economy, and agreed on actions to strengthen financial regulation and the reform of international financial institutions. They also agreed to promote trade and resist protectionism.
PARIS, July 9 (Xinhua) -- China Changan Auto Group Corporation (CCAG) and French leading carmaker PSA Peugeot Citroen signed a contract Friday here on the creation of an equally owned joint venture in China.The contract was signed by Xu Bin, president of China South Industries Group Corporation, Changan's main shareholder, and Philippe Varin, chairman of the French part's Managing Board, at a ceremony attended by Wu Bangguo, chairman of the Standing Committee of the National People's Congress, Bernard Accoyer, president of the National Assembly of France.Their initial cooperation will focus on introducing the Citroen DS line in China and launching a dedicated new brand for the venture, the two companies said in a joint statement.The contract also allows for the joint venture to market, at a later date, further vehicles under the partners' other brands, Peugeot and Changan, they said.Based in Shenzhen, southeast of China, the joint venture will have initial annual production capacity of 200,000 vehicles and engines, which will meet the highest environmental standards. The contract also outlined two production lines, a specific range of vehicles by each side and a research and development center.The new joint venture will be capitalized at RMB 4 billion yuan (590 million U.S. dollars), to be shared equally by the two partners, and backed by an initial investment of RMB 8.4 billion yuan (1.24 billion dollars).The first vehicle is scheduled to be launched in second-half 2012, provided the joint venture is finally approved by the relevant authorities, the statement concluded.

GENEVA, July 19 (Xinhua) -- China's top legislator reiterated his country's support for the UN's core role in international affairs and calls for an accelerated process of the UN Millennium Development Goals (MDGs) during a meeting Monday with UN Secretary General Ban Ki-moon.Wu Bangguo, chairman of the Standing Committee of China's National People's Congress (NPC), said China believes the United Nations can play a key role in world affairs.He said China has cooperated well with the organization and it will fulfill its obligations and responsibility while firmly supporting the objectives and principles of the UN charter.Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress (NPC), meets with Secretary-General of the United Nations Ban Ki-Moon in Geneva, Switzerland, July 19, 2010.Wu said the UN MDGs have gained positive achievement since their adoption in 2000. However, he said, the world is facing more pressing and difficult missions to materialize the millennium goals due to the global financial crisis. That, he said, requires the international community to work even harder.Wu said both the ongoing Third World Conference of Speakers of Parliament and the UN summit on MDGs set for September in New York have listed UN MDGs on their agendas, showing international consensus on the issue.Ban said China is playing an ever important role in international affairs and the United Nations expects to conduct deeper cooperation with China.He also said the third world parliament speakers summit was very significant as the UN needs supports from both the executive and legislative bodies of its member states.
BRASILIA, Aug. 11 (Xinhua) -- Brazil's Foreign Ministry issued a statement late Tuesday, expressing the government's regret over the tragedy caused by mudslides in northwest China's Gansu province."The Brazilian government learned with deep regret of the avalanches" that killed at least 1,117 people, with 627 missing in China's Gansu province, the statement said.Brazil also expressed its solidarity with the Chinese government and people, offering condolences to the families of the victims.The devastating landslide, which occurred Saturday in Zhouqu City, Gansu province, also destroyed numerous houses and buildings.So far, a total of 567 survivors have received treatment while 64 seriously injured have been hospitalized, according to the provincial civil affairs bureau.
CHANGCHUN, July 30 (Xinhua) -- Civilians were mobilized Friday to join exhausted soldiers and emergency workers struggling against mounting difficulties to retrieve thousands of chemical-filled barrels that were swept into a major northeast China river by flood waters two days ago.Some 3,000 full barrels and 4,000 empty ones were swept into the Wende River and on to the Songhua River after floods hit warehouses of two chemical factories in Jilin City, Jilin Province, early Wednesday.As of 6 p.m. Friday, 3,700 of the about 7,000 containers have been retrieved, according to a statement from the provincial government.Provincial authorities vowed to retrieve all the containers before they flow out of Hadashan Reservoir on the lower reaches of Songhua River in Jilin's Songyuan City.However, salvage workers fear some of the barrels, many filled with 170 kilograms of flammable liquid, may have sunk to the bottom of the Songhua River, raising serious risks of lingering water contamination.Chemical barrels were also spotted lying unattended in the debris of flood-devastated villages.At 2 p.m. Friday, the Fengman Reservoir, on a tributary of the Songhua River and 24 km southeast of Jilin City, opened floodgates to discharge flood waters.The water flow at each gate peaked at 800 cubic meters per second around 4 p.m., and at least thousands of residents had been evacuated over Thursday night and Friday morning.Workers said the move might help speed up salvage efforts by washing away floating debris, such as trash, weeds and tree branches, which had hampered the work.
来源:资阳报