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PYONGYANG, Oct. 11 (Xinhua) -- Zhou Yongkang, a senior official of the Communist Party of China (CPC), concluded an official goodwill visit to the Democratic People's Republic of Korea (DPRK) on Monday, which indicated the latest developments of the China-DPRK friendship.During his three-day stay in the DPRK, Zhou, a member of the Standing Committee of the Politburo of the CPC Central Committee, met with DPRK top leader Kim Jong Il.Zhou also observed a grand military parade and attended other events to celebrate the 65th birthday of the ruling Workers' Party of Korea (WPK).Kim Jong Il (R), top leader of the Democratic People's Republic of Korea (DPRK), meets with Zhou Yongkang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Political and Legislative Affairs Committee of the CPC Central Committee, in Pyongyang, capital of the DPRK, Oct. 11, 2010.CONVEYING CONGRATULATIONSUpon his arrival in Pyongyang on Saturday, Zhou conveyed warm congratulations on the 65th anniversary of the WPK, which falls on Sunday.Thanks to the careful nurturing of the two parties and the two peoples, the deeply rooted China-DPRK friendship had yielded many fruits, said Zhou, also secretary of the CPC Central Commission for Political and Legal Affairs.Meanwhile, Hu Jintao, general secretary of the CPC Central Committee, sent a congratulatory message to Kim, general secretary of the WPK, on the occasion.The CPC highly cherishes the traditional China-DPRK friendship, and makes it an unswerving policy to continuously strengthen and develop bilateral friendly and cooperative ties, said Hu in his message."We are willing to make joint efforts with the DPRK side to continuously promote China-DPRK relations to a new and higher level," Hu said.China and the DPRK have enjoyed a smooth development of bilateral relations in recent years and have a tradition of maintaining high-level contacts. Within this year, Kim has paid two unofficial visits to China, in May and August, respectively.Zhou's visit came shortly after a landmark conference of the WPK on Sept. 28, at which Kim, who has served as general secretary of the WPK since October 1997, was re-elected.Kim Jong Un, a son of Kim Jong Il, was appointed as one of the two vice-chairmen of the Central Military Commission, headed by Kim the senior.
ANKARA, Oct. 18 (Xinhua) -- Chinese and Turkish scholars gathered at a political forum in the Turkish capital of Ankara on Monday to discuss their economic ties, cooperation in the Middle East and coordination within the Group of 20 (G20).Wang Zhongwei, deputy director of China's State Council Information Office which sponsors the forum, said China and Turkey, both G20 members and emerging economies, share interests in such major issues as reforming international financial system and tackling climate change."We should further coordinate and cooperate in those issues. That's in the interests of the two countries' people and benefits regional and world peace and stability," Wang said in an opening speech.Fatih Ceylan, deputy undersecretariat of the Turkish Foreign Ministry, said China and Turkey hold similar views on many regional and international issues and have great potential for better cooperation.As a non-permanent member of the UN Security Council, Turkey has worked together with China very well in issues related to Afghanistan, the Palestinians and Iran, he said.Zhang Yuyan, a scholar with the Chinese Academy of Social Sciences, suggested China and Turkey uphold the principle of " common but differentiated responsibility" on climate change and strive to increase the representation and voice of developing countries in international institutions.Kamer Kasim, vice president of Turkey's International Strategic Research Organization, said it's good for both China and Turkey to increase cooperation in security, energy, tourism and other areas.The forum was a part of a large-scale cultural event termed " Experience China in Turkey", which was held in Ankara and the Turkish city of Istanbul.The event, starting on Sunday and to last till the end of the month, covers nine major activities, including Chinese-Turkish political and economic forums, Chinese movie and television weeks, Chinese cuisine festival and exchanges between journalists and writers.

COPENHAGEN, Sept. 29 (Xinhua) -- The Chinese Embassy in Denmark held a grand reception Wednesday to celebrate the 61st anniversary of the founding of the People's Republic of China.Around 200 guests from Danish government agencies, business communities and other circles as well as diplomatic corps were present on the festive occasion.Chinese Ambassador to Denmark Xie Hangsheng had pleasant talks with the guests, during which he said that since the establishment of diplomatic ties between China and Denmark, the mutual understanding and friendship between the two countries have been further deepened.He said China highly values its relationship with Denmark and hopes the two sides can enhance mutually beneficial cooperation at various levels to press ahead with the bilateral relationship.The ambassador said China is committed to follow the road of peaceful development and is ready to join hands with the international community to cope with global challenges and promote world peace, development and prosperity.The guests expressed high appreciation to China's development and roles in the international arena, and watched a photo exhibit and a documentary film on the Shanghai Expo during the reception.
BRUSSELS, Oct. 7 (Xinhua) -- Visiting Chinese Premier Wen Jiabao has elaborated China's positions and perspectives on various issues, including the Chinese yuan appreciation and the investment environment, at the sixth China-Europe Business Summit and other occasions.At the business summit held Wednesday, Wen said China's trade surplus was explained by the specific structures of the economies involved in international trade instead of the exchange rate of the yuan."The trade issue should not be politicized. It is an issue of the (trade) structure," the premier said.He said China was never in pursuit of trade surplus, but in pursuit of balanced and sustainable trade. Chinese Premier Wen Jiabao addresses the 6th China-European Union Business Summit in Brussels, capital of Belgium, Oct. 6, 2010.The world will by no means benefit from an appreciation of the yuan by 20 percent to 40 percent -- as the U.S. has demanded -- because it will damage the Chinese economy, and the Chinese economy contributed about 50 percent of the global economic growth last year, according to him.Wen urged the European entrepreneurs not to pressure China on the yuan's appreciation, saying China "will stick fast to the exchange rate reform. We will gradually allow more flexibility in the yuan exchane exchange rate."He assured European investors of a good investment environment in China, saying China would stick to its reform and opening up policiesHe said foreign businesses operating in China will enjoy the same national treatment as Chinese enterprises do on issues related to intellectual property, independent innovation, and government procurement.Also on Wednesday, Premier Wen attended the 13th China-EU Summit, co-chaired by him, European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso.
BEIJING, Oct. 28 (Xinhua) -- Access to debt finance, leading technology and lower cost gave Chinese mining and metals investors an advantage in the global mergers and acquisitions (M&A) market, accounting giant Ernst & Young said Thursday."Competition for mining and metals assets around the world has steadily increased during 2010, with the sector's total deal value as of Sept. 30 growing 87 percent over the same period last year," said Ernst & Young global mining and metals leader Mike Elliott.The firm's statistics show the total value of the world's deals in mining and metals for the year to Sept. 30 reached 78.9 billion U.S. dollars, with the number of deals growing 10 percent year-on-year to 827.For China, the value of mining and metals deals at Sept. 30 has surged 53 percent to 8.9 billion U.S. dollars. Of the 102 transactions, 49 were outbound deals, 40 domestic and 13 inbound."China's outbound M&A investment continues to be driven by the country's need to secure reliable sources of raw materials to support its rapid economic growth and urbanization plans," Ernst & Young China mining and metals leader Peter Markey said."Debt finance in particular has a strong appeal to vendors, given the lack of bank finance available to miners. Bidders able to provide not just equity but also direct or indirect access to debt are very appealing," he said.Similarly, bringing innovative Chinese technology to the deal table, together with access to equipment and supplies which lower operating costs, had proved a winning formula for some successful Chinese acquirers this year, Markey said.
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