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SEOUL, Aug. 25 (Xinhua) -- China and the Republic of Korea (ROK) issued a joint communique here Monday, vowing to cement bilateral relations. The two countries pledged to broaden and enhance cooperation, and intensify coordination on regional and international issues so as to achieve long-term common development while contributing to world peace and prosperity, according to the joint communique issued during President Hu Jintao's state visit to the ROK. The two sides agreed to promote the strategic cooperative partnership between the two countries in a comprehensive way. The two heads of state expressed their satisfaction over the development of bilateral ties in various fields including politics, economy and culture since China and the ROK established diplomatic relations in 1992. Chinese President Hu Jintao (3rd L), accompanied by President of the Republic of Korea (ROK) Lee Myung-bak (1st L), reviews the honor guard during the welcoming ceremony held by Lee Myung-bak at the presidential palace in Seoul, capital of the Republic of Korea, Aug. 25, 2008. Hu Jintao arrived in Seoul on Monday for a two-day state visit to ROK China-ROK ties are of great importance for both countries, and the development of relations has not only benefited China and the ROK, but also contributed to peace and development in Asia and the whole world, said the communique. The two sides agreed to intensify political trust and support each other's peaceful development, as well as expand and deepen communication between the governments, parliaments and political parties of the two countries. They also committed themselves to strengthening high-level contact and increasing dialogue on defense. The two sides also decided to explore new areas of cooperation based on the principles of mutual benefit and complementarity. China and the ROK will promote cultural exchanges, enhance mutual understanding and friendship between the two peoples, and intensify cooperation and coordination on regional and international issues. Chinese President Hu Jintao (L Rear) and President of the Republic of Korea (ROK) Lee Myung-bak (R Rear) hold a joint press conference after their meeting at the presidential palace in Seoul, capital of the Republic of Korea, Aug. 25, 2008. Hu Jintao arrived in Seoul on Monday for a two-day state visit to ROKOn the Taiwan issue, the ROK reiterated its adherence to the one-China policy. The ROK pledged to further develop ties with the Democratic People's Republic of Korea (DPRK) through reconciliation and cooperation, while the Chinese side reaffirmed its support for the reconciliation process between the ROK and the DPRK and their final peaceful reunification. China and the ROK will maintain frequent exchange of high-level visits and contacts, the communique said. Diplomatic bodies of the two countries will hold advanced strategic dialogues this year, as the start-up of a strategic dialogue mechanism of exchanging views on important issues concerning bilateral common interests. Besides, foreign ministries of the two countries will establish a mechanism of coordination in a bid to further exchanges on foreign policy and international situation, the communique said. Experts from the two countries will launch joint research on promoting all-round bilateral exchanges and cooperation, and hand in their reports to the two governments. In addition, senior officials from the defense bodies of the two countries will also increase contact and strengthen exchanges and cooperation on multiple levels. On economic and trade cooperation, the two countries vow to intensify cooperation in trade and investment, inspection and quarantine, trade relief and intellectual property rights, in an effort to bring forward the target of annual bilateral trade worth200 billion U.S. dollars to 2010. Meanwhile, the two countries will facilitate the adjustment and supplementation of the Medium and Long Term Development Vision for China-ROK Economic and Trade Cooperation. The two nations are willing to work together to further expand bilateral economic and trade cooperation, the communique said. In addition, cooperation in fields such as environment, information and communication, logistics and energy will also be pushed forward. Chinese President Hu Jintao (2nd L), accompanied by President of the Republic of Korea (ROK) Lee Myung-bak (1st L), is welcomed by Korean children upon his arrival at the presidential palace in Seoul, capital of the Republic of Korea, Aug. 25, 2008. Hu Jintao arrived in Seoul on Monday for a two-day state visit to ROKGovernment bodies of the two countries will spare no efforts to establish a favorable investment environment to aid mutual economic development. On the principle of mutual benefits, China and the ROK will accelerate studies on the possibility of a free trade zone in order to quickly implement the same. In order to successfully host the 2010 Shanghai World Expo and the 2012 Yeosu World Expo, the two countries also inked a series of agreements on cooperation and sharing of experience in this regard. On cultural exchanges, the two countries will study measures on providing convenient services to visa applicants as part of efforts to expand people-to-people communication. To further people-related exchanges, the two nations have designated 2010 as Visit China Year and 2012 as Visit Korea Year. On regional and international affairs, the two countries will reinforce communication and cooperation in the framework of the six-party talks, and implement the second phase action of the talks in constructive efforts. Both sides will maintain coordination and cooperation in mechanisms like ASEAN and China, Japan and South Korea, the East Asia Summit, ASEAN Regional Forum and Asia-Pacific Economic Cooperation. Diplomatic bodies of the two countries will also set up a mechanism of coordination on UN affairs to enhance understanding and cooperation in this aspect, the communique noted. President Hu Jintao arrived in Seoul earlier Monday for a two-day state visit, only months after his ROK counterpart Lee Myung-bak's official visit to China in May. This is President Hu's second state visit to the ROK. He last visited the country in November 2005.
BEIJING, July 13 (Xinhua) -- The Beijing municipal government said on Sunday that the city's state-owned enterprises (SOEs), institutions and social groups should adjust their working hours from July 20 to Sept. 20 to avoid traffic jams. A notice issued by the municipal government said that, except for schools and institutions that provide essential services, SOEs should operate from 9 a.m. to 5 p.m. The Beijing municipal government said on Sunday that the city's state-owned enterprises (SOEs), institutions and social groups should adjust their working hours from July 20 to Sept. 20 to avoid traffic jams Large shopping centers should open at 10 a.m. and stay open later in the evening. Other institutions should operate from 9:30 a.m. to 5:30 p.m. Government departments won't alter their hours, the notice said. The notice also encouraged institutions to handle business online if possible and arrange flex-time arrangements where feasible.

BEIJING, June 17 (Xinhua) -- Chinese shares sank to a 15-month low on Tuesday in very low volume, amid weak investor confidence. The benchmark Shanghai Composite Index fell 2.76 percent to 2,794.75, its 10th loss in a row. The Shenzhen Component Index fared worse, sinking 4.03 percent, or 395.77 points, to 9,429.50. The Hushen 300 Index, which reflects about 60 percent of the combined market value in Shanghai and Shenzhen, closed at 2,842.68 points, down 109.57 points, or 3.71 percent. Investors read information at a stock trading hall in Shanghai, China, June 10, 2008. The benchmark Shanghai Composite Index fell 2.76 percent to 2,794.75, its 10th loss in a row Total turnover was just 67.5 billion yuan (9.65 billion U.S. dollars). Financial, oil and petrochemical, real estate, mining, transportation and broker stocks led the plunge. China Merchant Property, for example, dipped 7.36 percent to 16.12 yuan. A man looks at the electronic board showing the stock index at a securities exchange in Shanghai, east China, June 17, 2008. The Shanghai index slid through the 2,800-point mark, touching 2,799.33 points at midday, shortly after the National Bureau of Statistics said the growth rate of fixed-asset investment slowed in the first five months. Urban fixed-asset investment rose 25.6 percent year-on-year to 4.026 trillion yuan in the first five months of 2008. The growth rate was 0.3 percentage points below the same period last year and 0.1 percentage point less than the January-April period this year. Analysts said the market was also being undermined by surging world oil prices, weakening regional economies and the government's efforts to curb liquidity and tame inflation. The People's Bank of China, the central bank, earlier this month lifted the bank reserve ratio by a full percentage point to 17.5 percent.
XIANYANG, Shaanxi, Oct. 5 (Xinhua) -- President Hu Jintao has written to the Tibet Nationalities Institute (TNI) to celebrate its 50th founding anniversary, which was the first institution of higher learning for ethnic Tibetans set up by the Central Government outside Tibet Autonomous Region. Hu, also general secretary of the Communist Party of China (CPC) Central Committee, hailed the institute's "important contribution to the economic development and social progress" of Tibet, which has turned a great number of ethnic Tibetans into high-quality cadres and specialists. Hu expressed the hope that the TNI would continuously improve its managerial level in teaching, play a better role as the training base for Tibetan cadres, and make greater contributions to improving the life of people of different ethnic groups in Tibet and promoting stability and unity in the region. A ceremony was held on Sunday at the TNI in Xianyang City, Shaanxi Province, northwest China. Raidi, former vice-chairman of the Standing Committee of the National People's Congress, who is an ethnic Tibetan and a former leader of Tibet Autonomous Region, attended the celebration.
来源:资阳报