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STOCKHOLM, June 2 (Xinhua) -- A senior Chinese legislator on Wednesday met Swedish parliament speaker Per Westerberg to discuss ways to boost parliamentary exchanges and ties between the two countries.Hua Jianmin, vice chairman of China's National People's Congress (NPC) Standing Committee, said parliamentary exchanges serve as an important part of diplomatic relations between China and Sweden.He said parliamentary exchanges have provided the legal guarantee and foundation for people-to-people understanding and friendship, and are conducive to bilateral exchanges and cooperation in various fields.Swedish Parliament Speaker Per Westerberg (L) meets with visiting Vice Chairman of the Chinese National People's Congress Standing Committee Hua Jianmin in Stockholm, Sweden, June 2, 2010.He said this year marks the 60th anniversary of the establishment of diplomatic relations between China and Sweden, which have developed in depth in recent years. Sweden was the first Western country that established diplomatic relations with New China.Westerberg said Sweden and China have enjoyed very close relations.Sweden commends China's extraordinary achievements in economic and social development, and the achievements not only benefit the Chinese people but the world, said Westerberg.Sweden always advocates free trade and welcomes Chinese investors to invest in Sweden, he said.He said Sweden's parliament also hopes to have more exchanges with China's NPC at various levels in various forms so as to improve mutual understanding and contribute to deepening bilateral relations.

BEIJING, April 12 (Xinhua) -- Chinese President Hu Jintao left here Monday morning for the upcoming Nuclear Security Summit on April 12-13 in Washington at the invitation of the U.S. President Barack Obama.Hu will deliver a speech stressing the importance of nuclear security and clarifying China's policy on the issue. Hu will meet with Obama on the sidelines of the summit.Up to now, leaders or representatives from 46 countries, the International Atomic Energy Agency (IAEA), the European Union (EU), and other international organizations have confirmed their attendance."We hope common ground can be increased between all participants, and that they will pay greater attention to nuclear security, and work together to safeguard international peace and security," Chinese Vice Foreign Minister Cui Tiankai said last week. Chinese President Hu Jintao delivers a keynote speech at a conference, which is held to conclude a nationwide campaign of studying and implementing the Scientific Outlook on Development, in Beijing, capital of China, April 6, 2010. China also hoped the summit would push international cooperation to ensure safety of nuclear materials and facilities, as well as the peaceful use of nuclear energy, according to Cui.After the nuclear meeting, Hu will attend the second summit of the BRIC countries - Brazil, Russia, India and China - scheduled for April 15- 16 in the Brazilian capital of Brasilia.

BEIJING, May 3 -- Ma Weihua, president and chief executive officer of China Merchants Bank (CMB), said he wanted to see Chinese banks elevate their level of globalization in the context of expedited overseas expansion of Chinese companies during his bank's recent road show in the United States. He said CMB would pursue this process ambitiously but cautiously.The bank is soon to relocate its night-shift foreign exchange trading team to its New York branch, which was established in 2008, and will move on to security trading as well in the future, according to Ma during a group interview. The branch is also working on consolidating its dollar settlement business."What I'm concerned about right now is to first have my New York branch familiarized with the US market, customers and rules as soon as possible so I can expand the business steadily," Ma told the audience at a recent speech at New York University's Leonard N. Stern School of Business. "We won't consider faster expansion until we have secured our position here."Because of policy restrictions, CMB and other Chinese banks are only able to provide very limited services overseas for now. Retail banking, which CMB is best at, is still being constrained in its New York branch, its first branch in the West. But the bank is eyeing up other opportunities.The branch is attaching increasing importance to the loan business for Chinese companies during their overseas merger and acquisition activities. It just completed a big deal for a Chinese State-owned conglomerate but declined to reveal its name."The most fundamental motive to globalize our bank is to support Chinese companies' overseas growth and to provide the same quality service for foreign companies as well when they come to China," Ma said.According to Ma, over the past five years, Chinese companies' overseas direct investment saw an annual increase of 60 percent and their non-financial overseas investment grew by 68.5 percent year-on-year.In comparison, overseas assets only make up less than 4 percent of Chinese banks' total assets, while in large banks in Europe and the US, the proportion is about 40 percent, he said.

BEIJING, May 31 (Xinhua) -- China's gasoline prices will be cut by 230 yuan (33.7 U.S. dollars) per tonne and diesel prices by 220 yuan per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced Monday.The price cuts came after a record high in price hikes in April. The previous price cut was in September 2009.Before the adjustment, the benchmark price of gasoline was 7,420 yuan per tonne and diesel 6,680 yuan per tonne.Cao Changqing, head of price department of the NDRC, said the adjustment was "timely and in a proper amount" in response to recent changes in the international crude oil prices.International crude oil prices had been rising before May, when they began to decline, the NDRC statement said. The recent drops had amounted to 4 percent, meeting price adjustment conditions, it added.Cao said the move was also based on the global and domestic economic sitations and oil supply and demand as well as the country's pricing mechanism.In 2009, China adopted an oil pricing mechanism that allows the NDRC to adjust retail fuel prices when the international crude oil price changes by more than 4 percent over 22 straight working daysThe government would raise benchmark prices for domestically-produced onshore natural gas by 230 yuan per thousand cubic meters, or 24.9 percent, to 1,155 yuan per thousand cubic meters because of relatively low prices and strong demand, he said.

BEIJING, May 24 (Xinhua) -- The second round of China-U.S. strategic and economic dialogue opened Monday at the Great Hall of the People in Beijing.Chinese President Hu Jintao's special representatives, Vice Premier Wang Qishan and State Councilor Dai Bingguo, co-chaired the two-day meeting with U.S. President Barack Obama's special representatives, Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner.About 50 representatives from more than 40 departments of both countries participated in the dialogue.   Chinese President Hu Jintao's special representative, Vice Premier Wang Qishan addresses the opening of the second round of China-U.S. strategic and economic dialogue at the Great Hall of the People in Beijing, capital of China, May 24, 2010.The dialogue, designed to enhance mutual understanding and trust between China and the United States, will cover a host of topics, ranging from bilateral links to regional and global issues.

来源：资阳报