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BEIJING, May 27 (Xinhua) -- Chinese and Indian presidents Thursday agreed that the two Asian countries should further develop partnership and cooperation for mutual benefits as well as regional and global peace and development.Chinese President Hu Jintao and his Indian counterpart Pratibha Devisingh Patil held talks in Beijing Thursday afternoon. Patil arrived in Beijing Wednesday for a six-day state visit to China, the first of its kind over the past decade.Hu said expanding the strategic partnership of cooperation between China and India conformed with fundamental interests of both countries and their people and was conducive to peace, stability and development of the region and the world.He said leaders of the two countries should have frequent meetings and negotiation to enhance mutual trust, for which governments, legislatures and political parties should also play a role. Chinese President Hu Jintao (L) and Indian President Pratibha Patil inspect a guard of honor during a welcoming ceremony held for Patil in Beijing, capital of China, May 27, 2010.President Patil said India-China relations were of global and strategic significance, and all political parties in India were supportive of further advancing such relations.On trade and economic cooperation, Hu urged the two countries to push forward cooperation in fields including finance, agriculture, science, technology, forest and environmental protection.The two countries should create a more flexible environment for each other's companies to make investment and undertake construction contracts, he said.Both countries must adhere to the principles of openness and mutual benefit while opposing protectionism in any form, he said.Describing trade and economic cooperation as a pillar of bilateral ties, Patil said India and China should work together to realize trade target that had been set.Hu said China and India should work more closely to address global issues such as economic downturn, climate change, energy security and food security.The two countries should maintain close communication and coordination within multilateral mechanisms such as China-Russia-India, BRIC, BASIC, and G20, in a bid to increase the voice of developing countries, Hu said.Patil said India was ready to strengthen cooperation with China to address the global issues and safeguard the interests of developing countries.Both presidents agreed that the two neighbors should step up people-to-people exchanges in the areas of culture, education, media, youth and non-government sectors.Celebrations such as "China Festival" in India and "India Festival" in China would be held this year to mark the 60th anniversary of the establishment of diplomatic relations.After the talks, the presidents witnessed the signing of a number of cooperative documents in the areas of tourism, human resources and sports.President Patil also met with top Chinese legislator Wu Bangguo and Premier Wen Jiabao Thursday.Besides Beijing, she will visit Luoyang City in central China's Henan Province and will attend the 2010 World Expo in Shanghai.
HO CHI MINH CITY, VIETNAM, June 6 (Xinhua) -- Vice Chairwoman of the National Committee of the Chinese People's Political Consultative Conference Wang Zhizhen on Sunday called on Asian countries to rethink its enhanced role in the world economy.Wang told the World Economic Forum on East Asia, opened here on Sunday under the theme "Rethinking Asia's Leadership Agenda," that Asia is one of world's most dynamic region and a driving force in world economic revival."The international financial crisis has brought big changes to the world political and economic landscape," said Wang. It is of positive influence to explore new development strategy in the post- crisis period and rethink Asia's role, she added.Wang said regional cooperation in Asia have been developing in a deepened and innovative manner over the past years. Asian countries should also discuss outlook for further integration at this historical point.Wang said China is an active member of Asian cooperation. China will continue to support regional integration in Asia and contribute to the harmony and prosperity in the region.The World Economic Forum on East Asia is an annual event. The forum drew more than 400 leading government leaders and officials, leading scholars and entrepreneurs from over 50 countries and regions this year.Cambodian Prime Minister Hun Sen, Lao Prime Minister Bouasone Bouphavanh, Myanmar Prime Minister U Thein Sein, Vietnamese Prime Minister Nguyen Tan Dung and World Economic Forum Founder and Executive Chairman Klaus Schwab attended the forum.
WASHINGTON, April 22 (Xinhua) -- The U.S. Commerce Department said on Thursday that it has set preliminary antidumping duties ( AD) on imports of certain seamless pipe from China, a move that might escalate trade disputes between the two countries.The department said it "preliminarily determined that Chinese producers/exporters have sold seamless pipe in the United States at 32.39 to 98.37 percent less than fair value."As a result of this preliminary determination, Commerce will instruct U.S. Customs and Border Protection to collect a cash deposit or bond based on these preliminary rates.The products covered by this investigation are suitable for the conveyance of water, steam, petrochemicals, oil products, natural gas, and other liquids and gasses in industrial piping systems.Imports of certain seamless pipe from China were valued at an estimated 182.3 million U.S. dollars in 2009, according to the U.S. Commerce Department.Commerce said that it is currently scheduled to make its final determination in September 2010.If Commerce makes an affirmative final determination, and the U. S. International Trade Commission makes an affirmative final determination that imports of certain seamless pipe salts from China materially injures, or threaten material injury to, the domestic industry, Commerce will issue an antidumping duty order.The new case followed the Commerce Department's initiation of antidumping (AD) and countervailing (CVD) duty investigation on Chinese aluminum extrusions on Wednesday.The protectionist moves by the Obama administration will ultimately hurt the U.S.-China trade relations, which are becoming more and more important due to the global financial crisis, economists warned.The onset of the global recession appears to have set off an increase in trade disputes around the world.Globally, new requests for protection from imports in the first half of 2009 are up 18.5 percent over the first half of 2008, according to the World Bank-sponsored Global Anti-dumping Database organized by Chad P. Bown, a Brandeis University economics professor.That increase follows a 44 percent increase in new investigations in 2008. And China has become the main target of the rising protectionism.
BEIJING, May 18 (Xinhua) -- China and Russia Tuesday pledged to work together to take their strategic partnership of coordination to a new high."It serves the strategic interests and common aspiration of both countries to elevate the China-Russia strategic partnership of coordination," Chinese President Hu Jintao told the visiting Russian State Duma Chairman Boris Gryzlov Tuesday.Gryzlov is leading a delegation to Beijing for the fourth meeting of the cooperative committee between China's National People's Congress (NPC) and Russian State Duma.Hu visited Moscow ten days ago to attend the celebrations marking the 65th anniversary of the victory of the Great Patriotic War over Nazi Germany.Recalling the visit to Moscow, Hu said he was impressed by the commemorative events.Chinese President Hu Jintao (R) meets with Boris Gryzlov, chairman of Russia's State Duma, in Beijing, capital of China, May 18, 2010.Gryzlov appreciated Hu's attendance at the commemoration, stressing Russia and China share the same view of the war.While reviewing the bilateral relationship this year, Hu highlighted close contacts between leaders, strong, substantive cooperation, and frequent people-to-people exchanges.Hu said the complicated and capricious international situation posed important opportunities and challenges for China and Russia."China would like to work with Russia to boost the sound and fast growth of bilateral relationship," Hu said.On legislative front, Hu called for the legislative bodies of China and Russia to play out their advantages and contribute to the overall bilateral relationship.Earlier Tuesday, Wu Bangguo, chairman of the NPC Standing Committee, held talks with Gryzlov at the Great Hall of the People.
BEIJING, April 7 (Xinhua) -- The Chinese government encourages Chinese businesses to set up economic and trade cooperation zones in member states of the Association of Southeast Asian Nations (ASEAN) to deepen cooperation, a senior commerce official said Wednesday.Vice Minister of Commerce Gao Hucheng, speaking at a preparatory meeting for the seventh China-ASEAN Expo, said China and ASEAN members have strengthened economic and trade cooperation since the China-ASEAN Free Trade Area (CAFTA) came into effect on Jan. 1 this year.Customs data showed that bilateral trade totalled 39.12 billion U.S. dollars in the first two months of 2009, up 66 percent from a year ago.Chinese exports to ASEAN states rose 52.9 percent to 18.69 billion U.S. dollars while imports from ASEAN jumped 80.2 percent to 20.43 billion U.S. dollars.Gao called upon "eligible" Chinese enterprises to "go overseas" to ASEAN countries to set up economic and trade zones with infrastructure and industrial chains.He also said the two sides should implement the agreement on trade and expand trade, calling for an increase in the trade of high value-added products, including mechanical and electrical products and other hi-tech products.The two sides' enterprises should further expand cooperation and deepening ties in the agricultural, manufacturing, infrastructure, resources, and processing sectors, he said.The CAFTA, covering a population of about 1.9 billion, is the world's third largest trade agreement in terms of trade volume, after the European Union and the North American Free Trade Area.The ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.Under the CAFTA, the average tariff on goods from ASEAN countries entering China has been cut to 0.1 percent from 9.8 percent, while the six original ASEAN members - Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand - slashed the average tariff on Chinese goods entering ASEAN states from 12.8 percent to 0.6 percent.The seventh China-ASEAN Expo will be held in Nanning, capital of Guangxi Zhuang Autonomous Region, from Oct. 20 to 24 this year.