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BEIJING, July 24 (Xinhua) -- Chinese President Hu Jintao said Friday that the role of the United Nations should be bolstered in handling the global economic downturn, achieving sustainable development, and safeguarding world peace and security. As a permanent member of the UN Security Council and the largest developing nation, China has always observed the principles of the UN Charter, supported the UN's efforts to improve security, development and human rights and its reform to increase efficiency, Hu said to visiting UN Secretary-General Ban Ki-Moon Hu. "China will continue to join in the UN undertakings and carry out its duties with responsive and constructive attitude, and will work with the international community to build a harmonious world," Hu said. Chinese President Hu Jintao (R) meets with UN Secretary-General Ban Ki-Moon in Beijing, China, July 24, 2009. Ban Ki-Moon praised China's achievement in economic and social progress, as well as its contribution to overcoming world economic recession, food crisis and climate change. Also on Friday afternoon, Ban presented at a seminar of senior Chinese officials who have taken part in UN workshops on advanced leadership, a capacity building program established in 2005. Ban asked the officials, who came from various ministries, banks and state-owned companies, to put their knowledge learned in the workshops into practice. He stressed the importance of tackling the international financial crisis and climate change with joint efforts from the international community, and suggested China establish a low-carbon economy. Li Yuanchao, head of the Organization Department of the Communist Party of China Central Committee, lauded the UN workshops, and asked the world community to support the Chinese government's strive for harmony, pledging to enhance cooperation with the United Nations Development Program. Chinese Foreign Minister Yang Jiechi also met with Ban on Friday. Ban arrived in Beijing Thursday evening to have a four-day China trip with climate change atop his agenda. Ban will travel on Saturday to northwestern city of Xi'an, an ancient Chinese capital, to continue his China tour.
BEIJING, Oct. 10 (Xinhua) -- Chinese President Hu Jintao met with President Lee Myung-bak of the Republic of Korea (ROK) and Japanese Prime Minister Yukio Hatoyama here on Saturday, who are here to attend the second trilateral leaders' meeting. Hailing the progress of China's relations with the two countries, Hu said China is ready to make joint efforts with Japan and the ROK to implement consensus, boost healthy development of China-ROK strategic cooperative partnership and China-Japan strategic mutually-beneficial ties. The substantial cooperation between China and the two countries in various areas had been further expanded, he said. Hu congratulated the success of the second trilateral leaders' meeting held in Beijing on Saturday, calling on the three nations to seize historical opportunities to further strengthen strategic trust, respect respective major interests and concerns, and make concerted efforts for mutual benefits and common development. The Chinese president hopes the three countries to facilitate east Asian cooperation and jointly respond to regional hot issues and global challenges to unveil a new chapter for peace, cooperation and development of east Asia. Chinese President Hu Jintao (C) meets with South Korean President Lee Myung-bak (R) and Japanese Prime Minister Yukio Hatoyama, who are here to attend the second trilateral leaders' meeting, at the Diaoyutai State Guesthouse in Beijing, capital of China, on Oct. 10, 2009. In response, Lee Myung-bak said the three countries had made great achievements in expanding cooperation in the past ten years. "China's economy is now stabilizing and turning for the better, which plays a positive role in promoting economic recovery of the ROK and Japan," he added. Lee spoke highly of Hu's important speech on the UN climate change summit in New York last month, expressing appreciation over China's contribution to reopening the six-party talks and promoting a nuclear-free Korean Peninsula. Hatoyama extended congratulations to Hu on the 60th anniversary of the founding of the People's Republic of China, adding he was glad to see China's great achievements. He told Hu the Japanese government would like to cooperate closely with China to boost bilateral ties in a spirit of drawing lessons from history and facing up to the future. Hatoyama also expressed satisfaction over the progress of trilateral cooperation, calling on the three sides to respect each other and share successful experience to promote greater achievement of trilateral cooperation.

BEIJING, Aug. 23 (Xinhua) -- China's insurance capital investments hit 2.45 trillion yuan (358 billion U.S. dollars) in the first seven months of this year, according to the country's insurance regulator. In July alone, the investments from insurance funds stood at 120.4 billion yuan, China Insurance Regulatory Commission (CIRC) said in a report on its website. Of the total insurance investment value, about 332 billion yuan, or 9.8 percent, went to the stock markets by the end of the second quarter of this year. During the same period, mutual funds investments suck 228.45 billion yuan, or 6.8 percent from the insurance capital. A booming equities market and an optimistic attitude towards the country's stock markets had led to an increasing investments, said the CIRC. Comparatively, in the first seven months, bank deposit of China's insurance capital decreased to 1.03 trillion yuan, 15.23 billion yuan less than in the first six months. The CIRC's statistics also reflected a slowdown increasing rate in premium income in the first seven months. Premium income was 678.64 billion yuan, representing a small increase of 80 billion yuan than the June figure.
FRANKFURT, Oct. 13 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday called for enhancing cultural exchanges to boost world peace at the opening ceremony of the Frankfurt Book Fair. Xi, together with German Chancellor Angela Merkel, witnessed the opening of the 61st version of the Frankfurt Book Fair, the world's biggest annual book fair. China has been selected as the Guest of Honor for this year's fair. Chinese Vice President Xi Jinping speaks at the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair. German Chancellor Angela Merkel attends the opening ceremony of the Frankfurt Book Fair.While addressing the opening ceremony, Xi said the fair not only provides a vital chance for China to appreciate the elite cultural products worldwide, but also opens a window for the people from various nations to observe Chinese culture at a shorter distance. Xi said the Chinese side will take the opportunity of serving as the Guest of Honor to introduce Chinese culture as well as its prosperous development in the publishing industry. The Chinese side will also learn from the successful experience of other countries in publishing to increase mutual communication and cooperation in this particular field, Xi said. Chinese Vice President Xi Jinping (L) talks with German Chancellor Angela Merkel when they attend the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book FairFrom Oct. 14 to Oct. 18, the Chinese side and the host will stage over 600 Guest of Honor events, aimed at showcasing Chinese culture and boosting dialogue between Chinese scholars and their foreign counterparts. Xi said China upholds the idea of building a harmonious world with sustained peace and common prosperity. Thanks to the exchanges among various cultures, people from different countries could get to know Johann Wolfgang von Goethe (1749-1832) from Germany, William Shakespeare (1564-1616) from Britain and Confucius (551 BC-479 BC) from China, Xi noted. Chinese Vice President Xi Jinping (C) attends China's presentation after the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair.Frankfurt is the hometown of Goethe, the famous German writer and poet. Cultural exchanges require understanding and respect, as well as overcoming discrimination and misunderstanding in this regard, Xi said. Cultural diversity, which is a part of human society, should be maintained to build a more colorful world instead of becoming obstacles for cultural exchanges and reasons for conflicts, Xi said. Chinese Vice President Xi Jinping (C) and German Chancellor Angela Merkel (2nd R) pose for photos while attending the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair. Different cultures should learn from each other rather than reject each other, he added. Xi also warmly welcomed worldwide guests to visit the Theme Pavilion set up by the Chinese side for the book fair. Following the opening ceremony, Xi visited the Theme Pavilion and officially unveiled the hall for public tour. Arriving in Germany on Saturday morning, Xi held talks with Merkel and met with German President Horst Koehler in Berlin on Monday. On Wednesday morning, Xi will leave Germany for Bulgaria to continue the third leg of his five-nation Europe tour.
WASHINGTON, July 28 (Xinhua) -- The first round of the China-U.S. Strategic and Economic Dialogue was concluded on Tuesday as four government representatives from both countries hailed its results in their closing statements here. Chinese Vice Premier Wang Qishan delivers the closing statement of the first round of the China-U.S. Strategic and Economic Dialogue in Washington D.C., capital of the United States, July 28, 2009. The first round of the China-U.S. Strategic and Economic Dialogue was concluded on Tuesday.Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo joined their U.S. counterparts, Secretary of State Hillary Rodham Clinton and Secretary of Treasury Timothy Geithner, in a ceremony at the Eisenhower Executive Office Building, briefing reporters on the results of the "Economic Track" and "Strategic Track" of dialogue, which is the first of its kind between the world's biggest developing country and biggest developed country. Chinese State Councilor Dai Bingguo delivers a speech during a welcoming reception held by United States friendly groups at Ritz Carlton Hotel in Washington D.C., capital of the United States, July 28, 2009. Dai Bingguo was in Washington to attend the first round of the China-U.S. Strategic and Economic DialogueThe dialogue was "unprecedented" in the history of the U.S.-China relations, and has laid foundation for the bilateral comprehensive relations in the 21st century meeting some biggest challenges, said Clinton, who co-chaired the Strategic Track with Dai. U.S. Secretary of State Hillary Rodham Clinton delivers the closing statement of the first round of the China-U.S. Strategic and Economic Dialogue in Washington D.C., capital of the United States, July 28, 2009. The first round of the China-U.S. Strategic and Economic Dialogue was concluded on Tuesday.For his part, Dai told reporters that the dialogue was successful and fruitful, in which both sides have discussed many issues in a transparent and candid way. On the Economic Track, Wang said that both sides have discussed many strategic economic issues, and agreed to strengthen cooperation in building on the financial system to ensure the financial stability, among others. "The success of the Economic Dialogue has left fresh impetus to the development of the positive, cooperative and comprehensive China-U.S. relationship for the 21st century," Wang said. During the two-day dialogue, officials from China and the U.S. held face-to-face plenary session addressing the challenges and opportunities that both countries face on a wide range of bilateral, regional and global areas of immediate and long-term strategic and economic interests. "Recognizing that cooperation between China and the United States will remain vital not only to the well being of our two nations but also the health of the global economy, we agreed to undertake policies to bring about sustainable, balanced global growth once economic recovery is firmly in place," said Geithner. U.S. Secretary of Treasury Timothy Geithner (Front) delivers the closing statement of the first round of the China-U.S. Strategic and Economic Dialogue in Washington D.C., capital of the United States, July 28, 2009. The first round of the China-U.S. Strategic and Economic Dialogue was concluded on TuesdayThe dialogue mechanism was upgraded from former Strategic Dialogue and biennial Strategic Economic Dialogue, which were initiated by the two heads of state in 2005 and 2006, respectively. On April 1, 2009, Chinese President Hu Jintao and his U.S. counterpart Barack Obama agreed to establish the mechanism of China-U.S. Strategic and Economic Dialogue during their first meeting in London on the sidelines of the G20 financial summit.
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