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TOKYO, July 27 (Xinhua) -- China and Japan on Tuesday conducted the first round of negotiation on the implementation of the principles of consensus concerning the East China Sea issue.Present at the talks were Ning Fukui, director general of the Chinese Foreign Ministry's Boundary and Ocean Affairs Department, and Akitaka Saiki, director general of the Japanese Foreign Ministry's Asian and Oceanian Affairs Bureau, Natural Resources.In a positive, candid and practical atmosphere, the two sides exchanged views on the implementation of the principles of consensus.And the two sides agreed to make concerted efforts to gradually accelerate the process of implementing the principles of consensus through friendly consultations and attain the common goal of turning the East China sea into a sea of "peace, cooperation and friendship."The decision to hold the negotiation was made by Chinese Foreign Minister Yang Jiechi and his Japanese counterpart Okada Katsuya after a meeting on the sidelines of the ASEAN Ministerial Meeting in Hanoi, according to a press release from the Chinese foreign ministry Thursday.
BERLIN, July 14 (Xinhua) -- German Chancellor Angela Merkel is to start a four-day visit to China on Thursday, a move widely expected to boost the countries' bilateral economic ties and political interactions.The fourth visit of Merkel to China since she took office in 2005 is part of the high-level interactions boosting the bilateral ties.Chinese President Hu Jintao and Merkel met at the nuclear security summit in April in Washington, followed by a state visit of German President Horst Koehler to China a month later. Leaders of the two countries also discuss world affairs through hot-lines.Further boosting bilateral relations between China and Germany is in the interests of both countries, especially in trade and economy.Germany's total exports dropped 18 percent last year due to the global economic slump, while its exports to China climbed 7 percent, the German newspaper Frankfurter Allgemeine Zeitung reported.Sino-German relations have been increasingly important under the new, post-crisis situation, the newspaper said.Bilateral trade last year hit 105.73 billion U.S. dollars despite the global downturn, accounting for more than a quarter of the total China-Europe trade.German officials have said that a large troupe of German businessmen, from sectors such as energy, automobile, finance and retail, are among the members of the delegation led by Merkel, suggesting that trade and economic issues will top the agenda of the visit.
GENEVA, July 20 (Xinhua) -- Top Chinese legislator Wu Bangguo held separate talks here Tuesday with parliamentary leaders from South Africa, the Democratic People's Republic of Korea (DPRK) and Kazakhstan and the chief of the World Health Organization (WHO).During talks with Hon Max Vuyisile Sisulu, speaker of South Africa's National Assembly, Wu, chairman of the Standing Committee of the National People's Congress (NPC) of China, said that the peoples of China and South Africa share a deep, traditional friendship.Wu said the two countries have seen their ties develop in a rapid and all-round way since the establishment of diplomatic relations.The two nations have carried out frequent high-level exchanges, with their mutual political trust gradually building up, Wu said.Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress (NPC), meets with Max Sisulu, speaker of the National Assembly of South Africa, in Geneva, Switzerland, July 20, 2010.Wu added that the two countries have also shared understanding and support on issues concerning each other's core interests and maintained close coordination and cooperation on significant international affairs.Noting that economic and trade cooperation continues to expand and that people-to-people exchanges are also gaining momentum, Wu stressed that all those efforts have brought visible and practical benefits to the two countries and their people.China attaches great importance to promoting its relationship with South Africa, and at a time when the international situation is undergoing deep and complex changes, relations between the two big developing countries have transcended the bilateral category and gained increasing global and strategic significance, Wu said.Expressing hope that the two sides can join hands in enhancing their strategic partnership, Wu emphasized that the NPC is ready to consolidate friendly cooperation with South Africa's National Assembly and deepen their coordination and cooperation in international and regional parliamentary organizations.The two legislatures should also work together with their counterparts in other developing countries to call for more attention on development and express their resolve to realize the UN Millennium Development Goals (MDGs), Wu said.For his part, Sisulu said that China is an very important nation on the international stage and an important cooperation partner of South Africa.South Africa's government, parliament and political parties are committed to promoting ties with China, and are hoping for more friendly exchanges and cooperation with China in more areas, he stressed.Sisulu said that a closer relationship with China will benefit South Africa's economic development and enable his country to better cooperate with China in handling global challenges and defending the interests of developing countries.
BEIJING, Aug. 22 (Xinhua) -- Wuhan Iron and Steel Company Ltd., the listed subsidiary of China's third largest steel maker, said Sunday that its net profit rose 90.43 percent year on year to 963.53 million yuan (141.7 million U.S. dollars) during the first half of the year as strong economic growth boosted steel demand and prices.The company's first-half-year sales reached 34.36 billion yuan, up 50.72 percent from one year earlier, it said in a statement delivered to the Shanghai Stock Exchange.However, costs also climbed in the first six months compared with a year earlier because of increases in raw material prices, it said.Production costs for steel products gained 47.12 percent year on year to 31.18 billion yuan. Further, the company's steel output in the first half of the year gained 29.75 percent year on year to 8.04 million tonnes.China's producer price index, a major gauge of inflation at the wholesale level, rose 6 percent in the January-June period, according to statistics released by the National Bureau of Statistics.However, the company was likely to face a "difficult time" in the second half of 2010 and meeting its full-year profit target would become a "challenging task" as demand from auto, home appliance and real estate sectors experienced "drastic changes" since July, leading to more restrained sales and falling prices, it said.Company officials also worried that high prices of iron ore, coal and electricity would further push up production costs and squeeze profit margins.On Friday, the price of its shares fell 2.87 percent to 4.73 yuan on the Shanghai bourse.
BEIJING, Aug. 14 (Xinhua) -- Chinese Vice Premier Hui Liangyu Saturday cautioned against more rain-triggered disasters such as flood and mudslide during the rain season, and demanded for strengthened preventive measures.Currently most parts of the nation is experiencing the flood season when geological disasters becomes rampant, especially in the mountainous areas in the western region, Hui told a national meeting on geological disaster prevention on Saturday.He said authorities should keep a clear mind on the grim situations and step up efforts to prevent and fight the disaster with scientific methods.Massive mudslides hit northwestern China's Zhouqu County in Gansu Province on Aug. 8, with death toll rising to 1,239 as of 4 p.m. Saturday, and 505 are still missing.On early Saturday, at least 38 people were missing after rain-triggered floods and landslides ravaged Wenchuan County in southwest China's Sichuan Province, the epicenter of an 8.0 magnitude earthquake which left about 87,000 people dead or missing more than two years ago.Hui has called for all-out rescue efforts in Wenchuan County's mudslide. He asked local authorities to promptly evacuate residents, and speedily restore transport and telecommunication facilities in the area.The Vice Premier asked the local water, meteorological, and land authorities to closely monitor the situation and issue prompt forecasts and warnings on the floods and rain.Monitoring geological risks should be immediately launched in the towns, villages, and areas along roads and railway tracks, Hui said.Dangerous zones should be marked and people should be prevented from entering such risky areas.Hui said more work was needed to be done to ensure residents have food to eat and water to drink. Shelters and medical access should also be priorities for those affected.Further, the Vice Premier asked local officials to intensify hygiene work in order to prevent epidemics.