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BEIJING, May 21 (Xinhua) -- Chinese President Hu Jintao said Friday China would work closely with Sweden to lift bilateral ties to a new level.While meeting with Swedish King Carl XVI Gustaf in Beijing, Hu said China highly values relations with Sweden and will further promote cooperation between the two countries in the spirit of mutual respect and benefit."China and Sweden have no conflict of fundamental interests despite different national conditions, and good bilateral ties have brought tangible benefits to both peoples," said Hu.Hu also highlighted the smooth development of bilateral ties since the two countries established diplomatic relations 60 years ago.Chinese President Hu Jintao (R) meets with Swedish King Carl XVI Gustaf in Beijing, capital of China, May 21, 2010.Sweden was the first western country to forge diplomatic ties with New China.The Swedish King, who arrived in Beijing Thursday for a five-day visit to China, recalled the friendly exchanges between Sweden and China over the past 60 years, saying Hu's 2007 visit to Sweden had boosted bilateral cooperation.An innovation forum, jointly held by the two countries, will have a positive influence on cooperation in new fields between the two countries, said the Swedish King.Chinese Vice Premier Li Keqiang expressed hope the two nations would increase innovation cooperation while addressing the forum.China's innovation business has made certain achievements while Sweden is one of the world's most innovative and inventive nations, Li said.

BEIJING, May 3 -- Ma Weihua, president and chief executive officer of China Merchants Bank (CMB), said he wanted to see Chinese banks elevate their level of globalization in the context of expedited overseas expansion of Chinese companies during his bank's recent road show in the United States. He said CMB would pursue this process ambitiously but cautiously.The bank is soon to relocate its night-shift foreign exchange trading team to its New York branch, which was established in 2008, and will move on to security trading as well in the future, according to Ma during a group interview. The branch is also working on consolidating its dollar settlement business."What I'm concerned about right now is to first have my New York branch familiarized with the US market, customers and rules as soon as possible so I can expand the business steadily," Ma told the audience at a recent speech at New York University's Leonard N. Stern School of Business. "We won't consider faster expansion until we have secured our position here."Because of policy restrictions, CMB and other Chinese banks are only able to provide very limited services overseas for now. Retail banking, which CMB is best at, is still being constrained in its New York branch, its first branch in the West. But the bank is eyeing up other opportunities.The branch is attaching increasing importance to the loan business for Chinese companies during their overseas merger and acquisition activities. It just completed a big deal for a Chinese State-owned conglomerate but declined to reveal its name."The most fundamental motive to globalize our bank is to support Chinese companies' overseas growth and to provide the same quality service for foreign companies as well when they come to China," Ma said.According to Ma, over the past five years, Chinese companies' overseas direct investment saw an annual increase of 60 percent and their non-financial overseas investment grew by 68.5 percent year-on-year.In comparison, overseas assets only make up less than 4 percent of Chinese banks' total assets, while in large banks in Europe and the US, the proportion is about 40 percent, he said.

BEIJING, April 28 (Xinhua) -- China's human resource official said Wednesday the country will step up efforts to improve social services for migrant rural workers in a report on protecting migrant rural workers' interests.In a report to the Standing Committee of the National People' s Congress， Yang Zhiming, vice minister of the Ministry of Human Resources and Social Security, said relevant efforts will be listed in the next five-year plan,Yang said the ministry will increase the coverage of labor contract for migrant rural workers, improve their working conditions and realize the portability of old-age insurance for them.Yang said in the report that currently, many migrant rural workers still face difficulty in getting payment in time, signing labor contracts with their employers, and suffer from poor working conditions.The report also noted progress in protecting the rights and interests of migrant rural workers, such as more legal assistance to migrant rural workers.According to the National Bureau of Statistics, the number of farmers who worked away from their farmland for over six months reached 229.78 million in the year 2009.

SANAA, April 11 (Xinhua) -- A Chinese medical mission arrived Sunday in the southern Yemeni province of Aden as part of a cooperation agreement between the two countries, state-run Saba news agency reported.The 45-strong mission will provide medical services to residents of the southern provinces of Aden, Lahij, Abyan and Hadramout, according to the report.The mission includes neurosurgeons, plastic surgeons, thoracic surgeons, pediatric surgeons, orthopedic surgeons, anesthesiologists and a number of administrative staff, Jamal Khadabish, director of the Aden-based al-Jomhoriya hospital, was quoted by Saba as saying.The mandate of the Chinese mission would last for one year in accordance with a protocol of health cooperation between Yemen and China, Khadabish noted.

BEIJING, May 18 (Xinhua) -- Chinese Premier Wen Jiabao met here Tuesday with Director-General of the UN Educational, Scientific, and Cultural Organization (UNESCO) Irina Bokova.China attaches great importance to education, technological progress and conservation of cultural diversity from a strategic perspective, and is engaged in people's all-round development, all-round social progress and harmonious and sustainable development of the world, said Wen.Wen said China is willing to enhance cooperation with the UNESCO to jointly advance the lofty career concerning mankind's future.Chinese Premier Wen Jiabao (R) meets with UNESCO Director General Irina Bokova in Beijing, capital of China, May 18, 2010.Bokova described China as an indispensable partner of the UNESCO, saying the UN organization needs China's support and participation.Bokova hoped China could play a bigger role in promoting South-South cooperation, conserving cultural diversity and dealing with the global challenges.