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BEIJING, Sept. 29 (Xinhua) -- China will lower gasoline and diesel prices by 190 yuan (27.8 U.S. dollars) per tonne from Wednesday, the National Development and Reform Commission (NDRC) announced Tuesday.     The benchmark price of gasoline will be 6,620 yuan a tonne, and for diesel 5,880 yuan a tonne, according to the NDRC.     The retail price of gasoline will drop by 0.14 yuan per liter and that of diesel will decrease by 0.16 yuan per liter.     It is the eighth fuel price adjustment since the country adopted a new fuel pricing mechanism, which took effect on Jan. 1 and the first reduction of fuel prices in two months.     Under the pricing mechanism, the NDRC will consider changing the benchmark retail prices of oil products when the international crude price changes more than 4 percent over 22 straight working days.     The price cut was in accordance with the international price changes, the NDRC said.     The average crude price of Brent, Dubai and Cinta has declined to 71.52 U.S. dollars a barrel, down 5.02 percent since the previous fuel price adjustment, according to the Shanghai-based CBI (China) Co., Ltd., a leading service provider in Chinese commodity markets.

PHUKET, Thailand, July 22 (Xinhua) -- Chinese Foreign Minister Yang Jiechi underlined here Wednesday the importance of tapping new areas of economic growth so as to enhance cooperation between China and the Association of Southeast Asia Nations (ASEAN).     Yang noted that one area of development is to implement plans to enhance agricultural productivity by drawing on advanced technology and to accelerate the cooperation on new and renewable energies. The ASEAN-China Foreign Ministers' Meeting is held in Phuket, Thailand, on July 22, 2009."We have maintained high-level exchanges, enhanced political mutual trust, shared development experience and strengthened confidence in cooperation," Yang said at the China-ASEAN Foreign Ministers' Meeting on Wednesday afternoon.     China and ASEAN have completed negotiations on the China-ASEAN Investment Agreement, paving the way for the full establishment of the China-ASEAN Free Trade Area (CAFTA) in 2010.     The ASEAN on Monday appreciated China's active role in developing transportation infrastructure between the two sides and welcomed the establishment of the 10 billion U.S. dollar fund for bilateral investment cooperation.     In April, Chinese Premier Wen Jiabao said that China has decided to set up a 10 billion U.S. dollar "China-ASEAN Fund on Investment Cooperation" to support infrastructural development in the region. 

WASHINGTON, Aug. 1 (Xinhua) -- The G20 summit of world leaders in Pittsburgh this September should help promote the world economic recovery, said Chinese Vice Foreign Minister He Yafei recently.     During the first coordinating meeting, which kicked off on Thursday, the participanting countries agreed that they should strengthen the coordination and cooperation to help the summit achieve positive and pragmatic outcomes.     The Pittsburgh Summit should continue to promote all sides to strengthen the coordination of their macro economic policies and to boost the world economic recovery, said He during the two-day meeting.     He also urged the upcoming summit to implement actively the outcomes of the G20 London Summit, to speed up the reforms of the international financial institutions, and to expand the representations of the emerging and developing countries.     China hopes the summit will pay more attention to the development issue and to boost the world economy to achieve long-term and sustained growth by promoting common development, said He.

HONG KONG, July 20 (Xinhua) -- A photo exhibition opened here Monday to mark the 30 anniversary of the establishment of China-U.S. diplomatic relations.     The nearly 300 photos on display range in time from as far back as the voyage to China of the American trading ship Empress of China in 1784, to the G-20 Summit in London this year. Guests attend the opening ceremony of a photo exhibition marking the 30th anniversary of the establishment of the China-U.S. diplomatic relations in Hong Kong, south China, July 20, 2009. Nearly 300 photos were displayed in the exhibition.The photos reflect important economic, political and cultural events in the growth of the relations between the two countries, portraying a history of building bridges of understanding and cooperation between the two countries through high-level visits as well as the actions of thousands of individuals, companies, student groups and civic organizations.     "China-U.S. relations have made remarkable progress since 1979,with the joint efforts of four generations of Chinese leaders and seven U.S. presidents as well as the people of both countries," said Tung Chee-hwa, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, at the opening ceremony. Tung Chee-hwa (Front), vice-chairman of the National Committee of the Chinese People's Political Consultative Conference, visits a photo exhibition marking the 30th anniversary of the establishment of the China-U.S. diplomatic relations in Hong Kong, south China, July 20, 2009. Nearly 300 photos were displayed in the exhibition, opened on July 20. He said that the exhibition will provide an opportunity for people to know further about the importance of Sino-U.S. relations so that they will make greater efforts to promote the relations.     Also speaking at the ceremony, U.S. Consul General in Hong Kong and Macao Joseph R. Donovan said that U.S.-China relations had been marked by success and challenges.     "Despite the scale of the task we have faced, each succeeding generation of leaders, diplomats, and individuals has broadened and strengthened the U.S.-China relations," he said, noting that the exhibition offers "snapshots" of their dedication and efforts.   A woman visits a photo exhibition marking the 30th anniversary of the establishment of the China-U.S. diplomatic relations in Hong Kong, south China, July 20, 2009. Nearly 300 photos were displayed in the exhibition, opened on July 20.  "Given Hong Kong's role as one of China's gateways fostering the interplay of culture and ideas between our two nations, it is quite fitting that we come together, in Hong Kong, to celebrate thirty years of cooperation between the U.S. and China," he said.     The exhibition is jointly presented by the Office of the Commissioner of the Ministry of Foreign Affairs of China in the Hong Kong Special Administrative Region, Chinese People's Association For Friendship with Foreign Countries and China-U.S. Exchange Foundation, in association with the Xinhua News Agency and some other media groups.

BEIJING, Oct. 13 (Xinhua) -- Russian Prime Minister Putin said here on Tuesday that Russia and China are working on a huge oil and gas cooperation project.     In an exclusive interview with Xinhua, Putin said the two countries have signed a 20-year oil supply agreement and laid more than 2,000 kilometers of crude oil pipelines for this. Russian Prime Minister Vladimir Putin (L) is interviewed by Peng Shujie (2nd R), deputy chief editor of Xinhua News Agency, Ma Li (3rd R), deputy chief editor of People's Daily, and Shui Junyi, TV host from China Central Television (CCTV), in Beijing, capital of China, Oct. 13, 2009China is also laying on its side the corresponding pipeline, he said, adding the two counties are studying the feasibility of building a refinery in China.     Putin said as the world's nuclear power, Russia keeps an open mind towards cooperation in this field.     "Russia and China are very active in the nuclear energy cooperation, "Putin said, citing the Tianwan Nuclear Power Plant as a good example.     Tianwan Nuclear Power Plant, located in the Lianyungang city in eastern China's Jiangsu Province, is so far the largest nuclear power cooperative program between China and Russia.     Putin said Russia is willing to supply coal to China and the supply is increasing rapidly, noting China has good equipment and technology on coal processing.     As for natural gas cooperation, Putin said negotiations are underway and would certainly yield satisfactory results.     On the specific ways of gas supply and the pricing, he said those issues should be resolved at the enterprise level.     "The most important thing is that Russia and China have the need and capacity to enhance cooperation and the two economies are complementary to each other," Putin said, adding such cooperation would last for decades.     With regard to the problems and frictions in the bilateral trade, Putin said those small problems would not impact the general strategic cooperation between the two countries.     He took the "gray custom clearance" as an example. It was the name given to the illegal practice of getting items across the border without official customs approval.     The illegal practice would make the government unable to supervise domestic industries and lead to bankruptcies and unemployment, which might cause more troubles to the society against the backdrop of the financial crisis, he said.     Putin called upon the two countries to establish a set of unified rules, which would be obeyed by both sides, so as to achieve a just, sound and civilized mechanism of cooperation.