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LONDON, April 2 (Xinhua) -- Chinese President Hu Jintao on Thursday called on the international community to join hands to tide over the current global financial crisis at the second Group of 20 (G20) financial summit here. As the financial crisis continues to spread and deepen and its impact on the world's real economy becomes increasingly evident, the international economic and financial situation remains complex and grave, Hu said. Chinese President Hu Jintao attends the Group of 20 summit in London, Britain, April 2, 2009.The Chinese president called on the international community to strengthen confidence to confront difficulties. "We have the enabling conditions to tackle the financial crisis," Hu noted, saying that the world economy is "on a solid material and technological footing." The world has far more macro regulatory tools than before and also the common will to enhance coordination and cooperation, he added. "As long as we strengthen confidence and work together, we will tide over the difficulties and achieve our shared goals," said the Chinese president. Chinese President Hu Jintao (2nd R) talks with British Prime Minister Gorden Brown (R) as they prepare to pose for a family photo during the Group of 20 summit in London, Britain, April 2, 2009He then urged the international community to further intensify cooperation to fight the crisis as no country can stay immune from the crisis. "The only right choice is for all of us to work together and deal with it," he said. Hu described the G20 as an important and effective platform for concerted international efforts to counter the economic and financial crisis. At the summit, the Chinese president also called for advancing reform of the international financial system, saying the world should work together to build "a fair, just, inclusive and well-managed international financial order." Hu also stressed opposition to protectionism. "We should work together to oppose trade protectionism in all manifestations and reject attempts to raise the market access threshold under various excuses and all forms of investment protectionism that harm the interests of other countries," he said. The Doha round of global trade negotiations is crucial to global trade liberalization, he said. In his speech at the summit which gathered leaders from major developed and developing nations, the Chinese president urged further support to developing countries in time of difficulty. He called for minimizing the damage of the financial crisis on developing countries and urged the world community, developed nations in particular, to assume due responsibilities and obligations. They should "continue to fulfill their commitments to debt reduction and aid, take concrete measures to maintain and increase assistance to developing countries, help them uphold financial stability and promote economic growth," Hu said. Speaking of the impact of the crisis on China, Hu said the global financial turmoil has brought unprecedented difficulties and challenges to China. In order to combat the crisis and maintain steady and relatively fast economic growth, China has made timely adjustment to its macroeconomic policies, swiftly adopted a proactive fiscal policy and a moderately easy monetary policy, and formulated a package plan to expand domestic demand and boost economic growth, Hu said. "China will continue to work with the rest of the international community to enhance macroeconomic policy coordination, advance the reform of the international financial system, maintain the stability of the multilateral trading system and contribute its share to world economic recovery," Hu told other leaders attending the summit in London. At the summit in London, leaders of the G20 reached consensus on how to save the world out of the financial crisis, including a pledge of 1.1 trillion U.S. dollars to revive the world economy, a joint call to fight protectionism, and concrete actions to tighten banking regulation. Among the additional funds to be injected into international financial institutions, 500 billion dollars will go to the International Monetary Fund to support lending to countries hit hard by the crisis, 250 billion dollars will be used to support a new Special Drawing Rights (SDR), 100 billion dollars will support additional lending by the multilateral development banks, and 250 billion dollars will be devoted to guarantee trade finance. The G20 leaders agreed on extending regulation and oversight to all systematically important financial institutions, instruments and markets, including systematically important hedge funds for the first time. They also agreed on extending regulatory oversight and registration to credit rating agencies to ensure they meet the international code of good practice, particularly to prevent unacceptable conflicts of interest. The leaders reiterated their opposition to trade protectionism and their readiness to boost global trade and investment. They agreed another G20 summit will be held within this year.
BEIJING, March 9 (Xinhua) -- China will not revise the Labor Contract Law to compromise workers' rights as suggested by some people to help enterprises cope with the global financial turmoil, a legislator said here Monday. "The labor contract law has nothing to do with the financial crisis and won't be revised for it," said Xin Chunying, deputy director of the Legislative Affairs Commission of the Standing Committee of the National People's Congress (NPC), China's legislative body. "China's labor relations are basically stable and orderly, and it can weather through the test of time," she told a press conference on the sidelines of NPC's annual session, when asked if the law will be changed because increased labor costs have led to rising cases of bankruptcy on the Pearl River Delta. Citing a survey that tracts figures in the first nine months of the 2008, she said the law has indeed driven up enterprises' labor costs by two percent, but it has also greatly curbed labor relations issues that have been afflicting workers as well as employers for years. Such chronical issues include the tendency of employers avoid signing long-term contracts with employees, the lack of proper protection of workers' rights, said Xin. The proportion of workers protected by a written labor contracts in "sizable enterprises" has witnessed a remarkable rise since the labor contract law took effect in January 2008, she said. "Sizable enterprises" is a statistical term in China that refers to all state enterprises or private firms with an annual turnover of two million yuan if they are manufacturers, or five million yuan if they are in trade. According to Xinhua, 93 percent of the workers in "sizable enterprises" have signed contracts with their employers, compared to less than 20 percent before the enaction of the new law. Li Shouzhen, a senior official with the All China Federation of Trade Unions, said at the same press conference that the federation is against the lifting of the minimum wage standard. The minimum wage standard was a major measure to safeguard workers' rights. "Abolishing the standard will hurt employee's initiative and confidence in tiding over difficulties with enterprises," he said. "Eying long-term development, the employers should strive to pool wisdom and strength of the employee and optimize company structure," he said. "Don't have your eyes on the employee's salary alone," he said. The minimum wage standard in the country varies from city to city, with the southern Shenzhen city reporting the highest standard of 1,000 yuan a month.

BEIJING, March 5 (Xinhua) -- Chinese leaders joined deputies to the National People's Congress (NPC), the country's top legislature, in deliberating the government work report by Premier Wen Jiabao Thursday, calling for concerted efforts to overcome difficulties and achieve fresh development. When joining NPC deputies from the eastern Jiangsu Province, President Hu Jintao urged them to have a clear mind of the current domestic and international situation, saying "challenges before us are really severe, but opportunities still exist". Chinese President Hu Jintao (front R), meets with deputies to the Second Session of the 11th National People's Congress (NPC) from east China's Jiangsu Province, in Beijing, capital of China, March 5, 2009. Hu Jintao joined in the panel discussion of Jiangsu delegation on the opening day of the Second Session of the 11th NPC. It is a must to seize the opportunities, brave the challenges and do our utmost to minimize the impact of the international financial crisis, Hu said. "(We) must break new ground by tackling challenges and achieve fresh development by overcoming difficulties," he added. He called for more efforts to improve the well-being of the people especially when there are difficulties in the way of economic development. This included increasing job opportunities, expanding the social security net and providing better education and medical care services. The president urged officials at all levels to oppose waste and extravagance and make good use of money to promote economic and social development and improve people's lives. He asked officials to "study earnestly, behave honestly and work with integrity." Wu Bangguo (front R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the Standing Committee of the National People's Congress (NPC), shakes hands with a deputy to the Second Session of the 11th NPC from east China's Anhui Province, in Beijing, capital of China, March 5, 2009. Wu Bangguo joined in the panel discussion of Anhui delegation on the opening day of the Second Session of the 11th NPC.While deliberating the report with lawmakers from Anhui Province, top legislator Wu Bangguo said priority should given to maintaining steady and relatively rapid economic growth, accelerating economic restructuring and improving people's well-being. Top political advisor Jia Qinglin echoed Wu's view while discussing with deputies from Beijing. Jia Qinglin (R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with deputies from Beijing to the Second Session of the 11th National People's Congress (NPC) in Beijing, capital of China, March 5, 2009. Jia Qinglin joined in the panel discussion of Beijing delegation on the opening day of the Second Session of the 11th NPCJia, chairman of the National Committee of the Chinese People's Political Consultative Conference, told said that as the national capital, Beijing has gained precious experience from hosting the Beijing Olympics and Paralympics. Based on the experience, he hoped the people in Beijing could succeed in creating a good atmosphere for celebrations of the 60thanniversary of New China which falls on Oct. 1. Li Changchun (front R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with a deputy to the Second Session of the 11th National People's Congress (NPC) from southwest China's Sichuan Province, in Beijing, capital of China, March 5, 2009. Li Changchun joined in the panel discussion of Sichuan delegation on the opening day of the Second Session of the 11th NPCLi Changchun, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said the Scientific Outlook on Development should be embodied in cultural building to better serve the people's cultural needs and promote economic and social progress. While attending a group discussion with lawmakers from Sichuan Province, Li also praised the province for its reconstruction efforts after the May 12 earthquake last year. Chinese Vice President Xi Jinping (front R), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with a deputy to the Second Session of the 11th National People's Congress (NPC) from east China's Shanghai Municipality, in Beijing, capital of China, March 5, 2009. Xi Jinping joined in the panel discussion of Shanghai delegation on the opening day of the Second Session of the 11th NPC. Vice President Xi Jinping joined deputies from Shanghai in their discussion and praised the people of Shanghai in their preparations for hosting the World Expo due to open in 2010. He called on Shanghai officials to do everything possible to improve people's lives, properly handle issues concerning the interests of the people and maintain social stability.
LONDON, April 1 (Xinhua) -- Chinese President Hu Jintao and his U.S. counterpart Barack Obama agreed to work together to build a positive, cooperative and comprehensive relationship in the 21st century when they met here Wednesday. Hu said China-U.S. ties have got off to a good start since Obama took office. "I have been keeping close relations with Obama and the foreign ministers of both countries have exchanged visits in a short time," he said. Chinese President Hu Jintao (L) shakes hands with U.S. President Barack Obama during their meeting in London, Britain, on April 1, 2009The current international situation is undergoing complicated and profound changes, and the international financial crisis continues to spread and go deeper, he said, adding that global challenges are markedly increasing. China and the United States share more extensive common interests in tackling the financial crisis, striving to recover global economic growth, dealing with international and regional issues and safeguarding world peace and security, the Chinese president said. He said China and the United States need to view each other from a positive perspective and push forward dialogue and cooperation with positive moves despite the differences in their social systems, historical background, cultural tradition and phases of development. The two countries should also work together to tackle the complicated and thorny issues facing the humanity in the 21st century to achieve mutually beneficial cooperation and common development, he said. China and the United States should deepen exchanges and cooperation in economy, fighting terrorism, non-proliferation, law enforcement, energy, climate change, science and technology, education, culture, healthcare, and boost exchanges between the military of the two nations, he said. The two countries should also strengthen communication and coordination on international and regional affairs and global issues, he added. Chinese President Hu Jintao (3rd L) shakes hands with U.S. President Barack Obama (2nd R) during their meeting in London, Britain, on April 1, 2009Hu invited Obama to visit China in the second half of this year, and Obama accepted the invitation with pleasure. This was the first meeting between the two heads of state since the new U.S. administration came into office in January. The two presidents had an "extensive" exchange of views on bilateral relations and global issues of common interest and agreed to work toward an enhanced bilateral relationship, the White House said in a statement. The two leaders decided to establish the mechanism of "China-U.S. Strategic and Economic Dialogues," and agreed that the first round of the dialogues will be held in Washington this summer. Speaking at the start of their meeting, Hu said: "Good relations with the United States are not only in the interests of the two peoples, but also beneficial to peace, stability and prosperity of the Asia-Pacific region, and the world at large." China is willing to work with the United States to make even greater progress in advancing their bilateral relations, Hu said, adding he hoped to establish "good working relations and personal friendship" with Obama. The U.S. president said the relations between the United States and China have become "extremely constructive." "Our economic relations are very strong." "I said publicly our relations are not only important for citizens of the two countries, but also help set the stage for how the world deals with a host of challenges," he said. "China is a great power and has a long and extraordinary history," Obama said. The Chinese president also said during the meeting that no matter how the situation across the Taiwan Strait evolves, China will steadfastly adhere to the one-China policy and resolutely oppose "Taiwan independence," "One China, one Taiwan" and "Two Chinas." Obama said the U.S. government is committed to the one-China policy and the three Chinese-U.S. joint communiques, adding that this stand will not change. Chinese President Hu Jintao (2nd R) and U.S. President Barack Obama (2nd L) meet in London, Britain, on April 1, 2009.The United States welcomes and supports efforts to improve relations across the strait and hopes for greater progress in the relations, the U.S. president said. Observers say the China-U.S. relationship is one of the most important bilateral relationships in the world in the 21st century, and amid the spreading international financial crisis and mounting global challenges, it is all the more important to further develop China-U.S. relations. Over the years, leaders of the two countries have maintained close communication on major issues concerning bilateral ties through mutual visits, meetings, telephone calls and correspondence. These exchanges have given a strong boost to the sustained, sound and steady growth of bilateral relations. The Chinese and U.S. leaders met in London on the sidelines of a Group of 20 (G20) summit on the financial crisis slated for Thursday. The London summit brings together leaders of the G20, and representatives of international organizations and financial institutions to work to restore stability and stimulate global economic growth. The summit will focus on enhancing the coordination of macroeconomic policies, pushing for necessary reforms in the world financial system and stabilizing global financial markets. Chinese Vice Foreign Minister He Yafei said last month that President Hu will deliver a speech at the summit to elaborate China's opinions and proposition. China endeavors to push for positive and pragmatic results at the London summit, He said. The G20 consists of China, Argentina, Australia, Brazil, Canada, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, Britain, the United States, and the European Union.
BEIJING, April 9 (Xinhua) -- Venezuela President Hugo Chavez concluded his working visit to China and left Beijing on Thursday night. During his two-day stay, Chavez met with Chinese President Hu Jintao and Vice President Xi Jinping respectively, exchanging views on enhancing the bilateral strategic partnership. Chavez also visited the Party School of the Central Committee of the Communist Party of China (CPC) earlier on Thursday, the highest training institution for CPC officials. Addressing about 100 Chinese officials, he said the two countries witnessed great progress in their cooperation in economy, science and technology areas. Chinese President Hu Jintao (R) meets with Venezuelan President Hugo Chavez at the Great Hall of the People in Beijing, capital of China, on April 8, 2009 Speaking highly of China's development and its important role in tackling the global financial crisis, Chavez called for closer cooperation in such areas as investment, cadre exchanges and petroleum resources. Invited by President Hu, Chavez arrived in Beijing on Tuesday night. It is his sixth China trip since he was elected president in 1998.
来源:资阳报