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BEIJING, Oct. 25 (Xinhua) -- The two-day 7th Asia-Europe Meeting (ASEM) was concluded here Saturday with participants reaching consensus on global financial crisis and other issues. The meeting, attended by leaders and representatives from 45 Asian and European nations and organizations, realized its expected goal and was a great success, Chinese Premier Wen Jiabao said in a closing speech. As one of the most fruitful achievements, a statement of the 7th ASEM on the international financial situation was adopted at the meeting. The two-day 7th Asia-Europe Meeting (ASEM) was concluded at the Great Hall of the People in Beijing on Oct. 25, 2008. "Leaders believed that authorities of all countries should demonstrate vision and resolution and take firm, decisive and effective measures in a responsible and timely manner to rise to the challenge of the financial crisis," said the statement. The international community should continue to strengthen coordination and cooperation and take effective and available economic and financial measures in a comprehensive way to restore market confidence, stabilize global financial markets and promote global economic growth, it said. According to the document, leaders supported the convening of an international summit on Nov. 15 in the United States to address the current crisis and principles of reform of the international financial system. The summit also adopted a declaration on sustainable development. "The adoption of various cooperation proposals shows and proves again the interior impetus for strengthening dialogue at the ASEM and great potential for extending cooperation," Wen said. Amid the global financial turmoil, the ASEM has been widely regarded as an opportunity for Asian and European leaders to find a solution. French President Nicholas Sarkozy called the meeting very "helpful" for Asia and Europe to tackle the global financial crisis and build up common cause. "We had discussed nearly all of the topics concerned by the two continents including the most difficult issues," he said at a press conference at the end of the meeting. Premier Wen told the press conference the need of confidence, cooperation and responsibility to find a solution to the global financial meltdown. "We are glad to see that many countries have made their efforts and achieved some results. But it is not enough as we now see it, and more endeavors are needed," said Wen. All countries, especially developed ones, should take measures as soon as possible to stabilize the financial market and build public confidence, he said. Financial innovation could help develop the economy, but financial supervision is even more important for the security of the financial system, he added. The premier also declared that China would actively attend the Nov.15 financial summit.
BEIJING, Dec. 5 (Xinhua) -- Chinese President Hu Jintao on Friday called for a stronger high-level dialogue mechanism with the United States. "China and the United States should continue to step up their high-level dialogue mechanism for substantive cooperation and stronger bilateral relations," Hu told visiting U.S. Treasury Secretary Henry Paulson. Chinese President Hu Jintao (R) meets with United States Treasury Secretary Henry Paulson at the Great Hall of the People in Beijing, capital of China, Dec. 5, 2008. Their meeting came after China and the United States concluded their two-day Strategic Economic Dialogue (SED), which produced 40 agreements in areas ranging from finance and trade to energy and the environment. Included in Paulson's high-profile delegation were the U.S. secretaries of agriculture, labor, health and the environment, among others. Led by Vice Premier Wang Qishan, the Chinese delegation included more than 10 ministers from such areas as finance, development and reform, agriculture, labor, commerce, health, the environment and the central bank. "The two delegations should summarize the good experience and practice of the SED talks and jointly implement the consensus and agreements that are reached," Hu said. Initiated by the two presidents in 2006, the biannual SED is the highest level of bilateral economic dialogue. Hailing the positive outcomes of the talks, Hu said the dialogue was a success because the talks stuck to comprehensive, strategic and long-term issues and served bilateral economic and trade cooperation, as well as the overall bilateral relationship. The successes also lay in the fact that the two sides took care of both nations' interests and concerns, broadened fields of bilateral cooperation and cultivated new areas for growth, Hu said. "The dialogue helped the two nations increase mutual trust, narrow their differences and properly address the problems arising from the cooperation," Hu said. Chinese President Hu Jintao (R) meets with United States Treasury Secretary Henry Paulson at the Great Hall of the People in Beijing, capital of China, Dec. 5, 2008. "China-U.S. relations now stand in an important era connecting the past and the future," President said. China values its ties with the United States and sees the 30th anniversary of diplomatic ties as an opportunity, Hu said. "Let's maintain the direction of the constructive cooperation, step up dialogue, increase mutual trust, expand cooperation and take the bilateral relationship to a new high," Hu said. Paulson said the launch of the SED was a farsighted strategic decision made by the presidents of the two nations. The just-concluded dialogue was the final SED meeting for Paulson, who will step down next January. Paulson, a key figure in establishing the SED mechanism, hailed the role of the SED in boosting bilateral trade relations and promoting the world economy over the past two years. The SED succeeded in dealing with the strategic economic relations, addressing the complicated and subtle issues and promoting the bilateral ties, he said. On U.S.-China relationship, Paulson said it was one of the most important bilateral relations in the world. He reaffirmed that the United States would like to work with China to further boost their ties.
NEW YORK, Jan. 5 (Xinhua) -- The New York Stock Exchange (NYSE)on Monday kicked off its trading session with a special ceremony marking the 30th anniversary of the establishment of diplomatic relations between China and the United States. In a symbolic move, Stephen A. Orlins, president of the U.S. National Committee on U.S.-China Relations (NCUSCR), rang the market's Opening Bell. He was accompanied by Dr. Henry Kissinger, a key trailblazer and eyewitness for the normalization of U.S.- China relations. The two countries formally established their diplomatic ties on Jan. 1, 1979. Zhang Yesui, China's UN permanent representative, said the bilateral relations of China and United States is of great importance, not only to the two peoples, but also to the world peace and security, and the global economic development. Dr. Kissinger, who visited China in 1971, said he is optimistic about the future of the bilateral relations of China and United States. "It is now a pillar of the international order. And peace and prosperity of the world depend closely on the Sino-U.S. relations," he said. Talking on areas of further co-operation between the two countries, Dr. Kissinger said first of all China and United States should develop a common solution on how to overcome the current international financial and economic crisis, and develop a program of collaboration to tackle the issue. And "on the key problems that exist in the world -- proliferation, energy, climate change, environment -- China and United States can be a key to a solution of these problems," he said, "So the strategic dialogues between China and United States should not only continue, but be reinforced and strengthened." NCUSCR President Orlins called the NYSE celebrating ceremony "a real testimony, not only to the historical events, but also to how far we have come." "When we established diplomatic relations exactly 30 years ago on January 1st, we could not have imagined that we would have Chinese companies listed on the NYSE, whose market capital is in excess of 800 billion U.S. dollars," Orlins said, "It is just remarkable." Currently, there are 41 companies from Chinese mainland listed with NYSE, the premier U.S. listing venue for non-U.S. companies. Duncan L. Niederauer, CEO of NYSE Euronext, told Xinhua that he has taken the relations with China as one of his most important initiatives during his years as chief executive. He also suggestedthe Chinese companies to "stay the course" and stick to the good business when dealing with the global financial crisis and economic downturn. "There is always years like this in global markets where it is a very very tough ride. I think there are a lot of terrific companies in China. They either already listed or are in the queueto be listed, and we're gonna continue to support them through the ups and downs," Niederauer said, "I believe their fortunes will improve overtime and we just need a long-term outlook of it." NYSE was the first foreign exchange to receive approval to open a representative office in China. After the opening of its Beijing office on Dec. 11, 2007, NYSE has signed memorandums of understanding with China's Dalian Commodity Exchange and Zhengzhou Commodity Exchange in co-operations in the futures and options markets. Among the guests to the Monday ceremony were Peng Keyu, Chinese consul-general in New York, and Jan Berris, vice president of the NCUSCR.
Palestinian National Authority(PNA) President Mahmoud Abbas (R) meets with Liu Yunshan, member of the Communist Party of China (CPC) Central Committee Political Bureau and head of the CPC Central Committee Publicity Department, in the West Bank city of Ramallah, Dec. 3, 2008. RAMALLAH, Dec. 3 (Xinhua) -- A visiting senior official of the Communist Party of China (CPC) said here on Wednesday that China hopes for joint efforts to push forward the Middle East peace process. Liu Yunshan, member of the Political Bureau of the CPC Central Committee and head of the Publicity Department of the CPC Central Committee, made the remarks during meetings with Palestinian National Authority (PNA) President Mahmoud Abbas and Prime Minister Salam Fayyad in the West Bank city. Liu highlighted China's hope for realizing a comprehensive, just and everlasting peace in the Middle East at an early date, based on related UN resolutions and the "Land for Peace" principle. Liu, who leads a CPC delegation, conveyed cordial greetings from CPC and Chinese leaders to Abbas and Fayyad, saying that relations between the two sides would witness greater development in the future. Abbas expressed appreciation of the positive development of the solid ties between the Palestinians and China, expressing gratitude to China over its support for the Palestinian cause. Palestinian Prime Minister Salam Fayyad (R) meets with Liu Yunshan, member of the Communist Party of China (CPC) Central Committee Political Bureau and head of the CPC Central Committee Publicity Department, in the West Bank city of Ramallah, Dec. 3, 2008. Citing China's success in hosting the Olympic Games and launching the Shenzhou VII manned space flight, Abbas said the Palestinian people are proud of the remarkable achievements of the friendly nation. The Palestinian side is willing to strengthen communication and exchange with the Chinese government and the CPC in order to further develop bilateral relations in a comprehensive way, said Abbas. Meanwhile, Fayyad said the Palestinian people cherish the enduring friendship with China and are willing to enhance mutual beneficial cooperation in all aspects, including politics, economy, culture and education. Before the meetings, Liu laid a wreath at the grave of late Palestinian leader Yasser Arafat, which is located in the compound of the Palestinian president's office in Ramallah. During his one-day trip in Ramallah, Liu, along with Abbas, also presided the signing ceremony for an economic and technical cooperation agreement between China and the Palestinians. The Palestinian territories is the last leg of Liu's good-will visit to the region, which has taken him to Iran, Bahrain, Egypt and Israel.
BEIJING, Dec. 28 (Xinhua) -- China had "unprecedented dynamic interaction" with the rest of the world in 2008, receiving some 180 heads of state or government, Foreign Minister Yang Jiechi said here Sunday. Yang made the remarks when addressing a new year reception in the Diaoyutai State Guesthouse. State Councilor Dai Bingguo and more than 400 foreign diplomats and Chinese officials were also present. Yang said the cooperation between China and the rest of the world was further consolidated and enhanced amid the natural disasters, Beijing Olympics as well as the international financial turmoil. The year 2008 marks the 30th anniversary of China's reform and opening-up. "Great changes have taken place in China and China's diplomacy have reached a new height," Yang said. Chinese State Councillor Dai Bingguo (R) and Foreign Minister Yang Jiechi (C) cheers with a foreign envoy during a New Year reception held by the Minitry of Foreign Affairs of China, in Beijing, capital of China, Dec. 28, 2008. China will remain on the road of peaceful development and adhere to the mutually beneficial strategy in the coming year, making unremitting efforts for the comprehensively sustainable social development and the peace and stability of the world, he said. Nolana Ta Ama, Togolese Ambassador to China, said on behalf of the diplomatic corps in Beijing that the world needs China in the past, at present and in the future. "All ambassadors are hoping to enhance dialogue and cooperation with China," Ta Ama said. "Our task will be completed smoothly, as the country we are in takes not intervening in other countries' internal affairs and not seeking hegemony as the basis of its foreign policy," he said.