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DUSHANBE, July 26 (Xinhua) -- Tajik President Emomali Rakhmon and Prime Minister Akil Akilov on Saturday pledged to develop all-round cooperation with China while meeting separately with Chinese Foreign Minister Yang Jiechi. In his meeting with Rakhmon, Yang expressed his gratitude for Tajikistan's aid and support for China's earthquake relief. Tajik President Emomali Rakhmon (R) meets with Chinese Foreign Minister Yang Jiechi in Dushanbe, capital of Tajikistan, July 26, 2008. Yang attended the foreign ministers' meeting of the Shanghai Cooperation Organization (SCO) in Dushanbe on Friday. Noting that Sino-Tajik relations have been developing rapidly and soundly in recent years, Yang said the political mutual trust is deepening and the two countries have supported each other on such major issues as national sovereignty, territorial integrity and security. Pragmatic bilateral cooperation in all fields has yielded fruitful results, he added. During Rakhmon's visit to China last year, China and Tajikistan signed a treaty on good-neighborly friendship and cooperation, which would guide the future development of bilateral ties, the Chinese foreign minister said. China would like to work with Tajikistan to enhance cooperation and communication and contribute to maintaining regional stability and boosting common development, he said. Rakhmon said Tajikistan highly evaluates relations with China and appreciates China's support to his country's economic and social development. Tajikistan would continue to develop cooperation with China in all fields so as to elevate bilateral relations to a new high, he said. Tajik Prime Minister Akil Akilov (L Front) meets with Chinese Foreign Minister Yang Jiechi in Dushanbe, capital of Tajikistan, July 26, 2008Both sides also exchanged views on regional situations and the development of the Shanghai Cooperation Organization (SCO). While meeting with Akilov, Yang discussed with him ways to further strengthen bilateral cooperation. Yang said both sides should try to ensure the smooth implementation of major joint projects and explore other ways of cooperation that are compatible with market principles and conducive to economic growth of both countries. He also expressed the hope that Tajikistan will further improve its investment environment and create more favorable conditions for cooperation. Akilov said Tajikistan expects to expand cooperation with China in such areas as power generation, transportation, mining and human resources and develop stronger economic links between the two countries' border regions. Akilov pledged his government's efforts to support and facilitate Chinese investment in the central Asian nation.
BEIJING, Sept. 5 (Xinhua) -- Chinese equities tumbled on Friday following a heavy slump overnight on Wall Street as concerns about the U.S. economic slump worsened. The Shanghai Composite Index sank 3.29 percent, or 74.97 points, to 2,202.45. The key index has declined more than 58 percent this year and more than 63 percent from its peak in October. In Shenzhen, the market fell 2.8 percent, or 209.4 points, to 7,264.2. Aggregate turnover expanded to 42.55 billion yuan (6.22 billion U.S. dollars) from 38.99 billion yuan on the previous trading day. Losses outnumbered gains by 827-47 in Shanghai and 702-32 in Shenzhen. Wall Street fell on Thursday with the Dow Jones down more than 340 points as disappointing jobless and retail data left investors doubtful of a U.S. economy recovery. The downturn partly contributed to a fall in China equities, analysts said. Tracking the Wall Street loss, both the Hong Kong and Tokyo exchanges plunged more than 2 percent on Friday. A resident walks past an electronic board showing the fall of Hang Sang index in Hong Kong, south China, Sept. 5, 2008. Hong Kong's benchmark Hang Seng Index closed at 19,933.28 points Friday, breaching the key psychological supporting mark of 20,000The key Shanghai index fell through the 2,245 points, which was labeled as a psychological mark by analysts. The mark was the peak of the market's last bullish period that ended in 2001. The breach increased market panic and the weak sentiment would remain until the authority could come up with detailed market-boosting measures instead of just vague market talks, a Shanghai Shiji Investment Consultant Company analyst said. Continuous retreats in the world crude oil price and other commodities heightened worries that a global slowdown would cut demand and would dent corporate profits, analysts said. Crude oil for October delivery dropped 1.46 U.S. dollars overnight to 107.89 U.S. dollars per barrel on the New York Mercantile Exchange, falling for a fifth straight day to a five-month low. In response, China National Offshore Oil Corp. (CNOOC), the country's largest offshore oil explorer, fell 4.24 percent to 13.76 yuan. China Shenhua, the country's top coal producer, shed 3.16 percent to 24.54 yuan and Yanzhou Coal Mining Company lost 4.29 percent to 12.71 yuan. Investor confidence was also dampened by news of China Merchants Securities plan to launch an initial public offering (IPO), Guosen Securities senior analyst Tang Xiaosheng said. Brokerage shares declined across the board. CITIC Securities sank 3.18 percent to 18.56 yuan, Guojin Securities slumped 7.3 percent to 27.94 yuan, while Hongyuan Securities lost 4.79 percent to 13.92 yuan. China Merchants Securities Co. Ltd. said in a prospectus released late on Thursday that it planned to issue 358.55 million A-shares on the Shanghai bourse. The application would be decided by market regulators on Monday. If approved, it would become the second domestic brokerage IPO following Everbright Securities after a five-year suspension.

BEIJING, July 11 (Xinhua) -- Negotiators in the six-party talks on the Korean peninsula nuclear issue reached a "principled consensus" here on Friday on verifying the declaration of the Democratic People's Republic of Korea (DPRK), a Chinese official said Friday. The top negotiators discussed the specific principles of setting up a verification and inspection mechanism, as well as economic and energy aid to the DPRK, the Chinese delegation's spokesman Qin Gang told reporters. The Chinese delegation's spokesman Qin Gang answers questions during a press conference held by Chinese delegation of the six-party talks in Beijing, capital of China, July 11, 2008. Qin Gang said that the top negotiators reached a "principled consensus" on Friday on verifying the declaration of the Democratic People's Republic of Korea (DPRK), which is setting up a verification and inspection mechanism, as well as economic and energy aid to the DPRK. The six parties achieved some progress on the verification mechanism, reaching a principled consensus," Qin said, without elaborating. "The specific consensus will be announced very soon." Despite different interests, concerns and stances, the parties were striving for issuing a joint document at the end of this round of discussion, Qin said. He said the top negotiators' meeting, which started Thursday afternoon, went smoothly with "sound atmosphere" and "high efficiency." The Chinese delegation's spokesman Qin Gang answers questions during a press conference held by Chinese delegation of the six-party talks in Beijing, capital of China, July 11, 2008. The heads of delegations meeting would continue Saturday morning, Qin said. "We have made some progress so far...hope we could see a document contain consensus of all parties and measures of next phase when the meeting conclude." The parties were trying to finish the meeting on Saturday as scheduled, Qin said. "Each delegation is working toward that goal, not only to end tomorrow but to end with results." On Friday's meeting, negotiators also exchanged views on establishing the peace and security mechanism in northeast Asia. Besides, the working groups of denuclearization and economic and energy aid held a meeting respectively, mapping out the measures to implement the consensus reached by heads of delegations, Qin said. The current meeting, held after a nine-month stalemate, came after the DPRK handed over the long-awaited nuclear declaration list late June and then blew up a cooling tower in its main nuclear reactor at Yongbyon. The six-party talks, launched in 2003, included China, the United States, DPRK, Republic of Korea, Russia and Japan.
BEIJING, June 12 (Xinhua) -- Chinese President Hu Jintao and Premier Wen Jiabao have ordered that supplies for the summer harvest be guaranteed amid reports of shortages in some areas. Following their order, the State Council has asked local governments and related enterprises to prioritize supplies such as diesel, the fuel for farm vehicles, to take advantage of the best time for the ongoing wheat harvest. Tight supplies of diesel were reported in some areas since the country began to reap the wheat crop in May as refiners experienced losses resulting from domestic prices that were kept below the spiraling international prices. Famers crop wheat in Yuanyang County of Xinxiang City in central China's Henan Province, June 4, 2008. The harvest of over 5.2 million hectares of wheat in Henan Province has been completed by 5 p.m. on June 11. The whole summer grain crops of Henan is expected to break 30 billion kilograms The summer harvest is vital for China as wheat production would add to the grain output for the year. The State Council asked producers to enhance production to increase supplies. It also warned related departments to impose tighter supervision over market order to cap prices. It said more specific measures, such as providing exclusive supply channels for diesel-powered farming vehicles, handing out special filling cards for farming vehicles and direct diesel delivery to farmers, would also be implemented. Chen Shuying gathers wheat in Houhe Town of Weihui City in central China's Henan Province, June 6, 2008. The harvest of over 5.2 million hectares of wheat in Henan Province has been completed by 5 p.m. on June 11. The whole summer grain crops of Henan is expected to break 30 billion kilograms.
BEIJING, Aug. 22 (Xinhua) -- Chinese President Hu Jintao met with British Prime Minister Gordon Brown here on Friday to exchange views on the Beijing Olympic Games and explore room for further cooperation in Games-related issues and other fields. Hu extended a warm welcome to Brown, who arrived in Beijing on Friday morning to watch the Games and attend the closing ceremony scheduled for Sunday night, and expressed thanks for the support the British government and people have rendered for the Beijing Games. Full storyChinese President Hu Jintao (R) meets with Australian Governor-General Michael Jeffery in Beijing, China, Aug. 22, 2008. Michael Jeffery is here to attend the closing ceremony of the Beijing Olympic GamesBEIJING, Aug. 22 (Xinhua) -- Chinese President Hu Jintao met with Australian Governor-General Michael Jeffery on the sidelines of the Beijing Olympics Games on Friday to renew the two countries' friendship and seek further cooperation. As two important countries in the Asia-Pacific region, China and Australia are principal partners for cooperation and share extensive and vital common interests, Hu said. Full storyChinese President Hu Jintao (R) meets with Icelandic President Olafur Ragnar Grimsson, who is here to attend the closing ceremony of the Beijing Olympic Games, in Beijing, China, Aug. 22, 2008BEIJING, Aug. 22 (Xinhua) -- Chinese President Hu Jintao met on Friday with Icelandic President Olafur Ragnar Grimsson on the sidelines of the Beijing Olympic Games to discuss bilateral relations and areas for further cooperation. China and Iceland have enjoyed traditional friendship and maintained friendly cooperation, said Hu. Such a relationship is a good example of equal treatment and friendly cooperation between countries with different social systems and at different stages of development, he addedChinese President Hu Jintao (3rd L) meets with President of the Commonwealth of Dominica Nicholas Liverpool (2nd R), who is here to attend the closing ceremony of the Beijing Olympic Games, in Beijing, China, Aug. 22, 2008
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