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BEIJING, April 13 (Xinhua) -- Chinese Premier Wen Jiabao met with his Mongolian counterpart Sukhbaataryn Batbold here Tuesday, pledging to boost trade cooperation and overall relations.Wen said the two countries were committed to promoting peace and stability in northeast Asia and cementing bilateral exchanges and cooperation in various areas.China persists in the building of good-neighborly relationships and partnerships with its neighbors, Wen said, calling on joint efforts with Mongolia to further strengthen bilateral ties and long-term friendship.Chinese Premier Wen Jiabao (R) meets with Mongolian Prime Minister Sukhbaataryn Batbold in Beijing, China, April 13, 2010. The two countries' economies were highly compatible, Wen said, calling on relevant departments to enhance coordination and support enterprises to expand cooperation and contribute to a new round of economic growth for both countries and the region as a whole.Batbold, who just finished his trip to the Boao Forum in south China's Hainan Province, said his current China visit was fruitful.High-level exchanges were pivotal to the growth of bilateral ties, Batbold said, adding his country expected a visit from Premier Wen at an early date.Mongolia hoped to enhance cooperation with China in the areas of trade, investment, agriculture, mining, finance and non-governmental exchanges, he added.
BEIJING, April 3 (Xinhua) -- China's Purchasing Managers' Index (PMI) of the non-manufacturing sector rose to 58.4 percent in March, a rebound of12 percentage points from February, when the index fell below the boom-bust line of 50 percent for the first time since a year earlier, an industrial association said Saturday.The PMI, designed to provide a real-time snapshot of business conditions, includes a package of indices including new orders, inventory levels, production and others that measure economic performance. A reading of above 50 percent suggests expansion, while one below 50 percent indicates contraction.The rise of the index indicated robust market activities in service sectors, which combined with an optimistic outlook that would encourage private investment and promote healthy and coordinated development of national economy, said the China Federation of Logistics and Purchasing (CFLP) vice president Cai Jin.According to the CFLP survey, the new order sub-index for China's non-manufacturing sector climbed to 54.6 percent last month, up 8.4 percentage points than February. The outlook sub-index was 70.4 percent, up 2.4 percentage points.The CFLP survey covers 20 non-manufacturing industries, including logistics, wholesale, hospitality, supermarkets and construction.The PMI for manufacturing sectors rose to 55.1 percent in March, the 13th straight month that the index was above 50 percent.
GUANGZHOU, April 18 (Xinhua) -- China's trade volume will reach 5.3 trillion U.S. dollars by the year 2020, Li Gang, a researcher at the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce, said Sunday.Li made the remakes at the ongoing 107th China Import and Export Fair, the country's largest trade fair, held in the southern city of Guangzhou.According to Li, China's merchandise imports and exports will hit 4.3 trillion U.S. dollars in 2020.Merchandise exports will top other countries and be 2.4 trillion U.S. dollars in 2020, 10.1 percent of the world total.Imports will reach 1.9 trillion U.S. dollars and rank second largest, accounting for 8.2 percent of the world total.Weighed down by the global financial crisis, the nation's foreign trade recorded a 13.9 percent year-on-year decline to 2.2 trillion U.S. dollars in 2009, with merchandise exports of 1.2 trillion U.S. dollars and imports of 1 trillion U.S. dollars.In the first quarter, foreign trade began to grow again, jumping 44.1 percent to 617.85 billion U.S. dollars, according to customs data.
STOCKHOLM, March 29 (Xinhua) -- Chinese Vice President Xi Jinping called on Monday for expanding Sino-Swedish cooperation to new areas when he held talks with Swedish Prime Minister Fredrik Reinfeldt.Xi said that relations between China and Sweden have maintained a good momentum of development with frequent exchange of visits at high levels, and close and active cooperation in trade and investment, environment protection, education, science and technology, culture and other fields. Chinese Vice President Xi Jinping (R) meets with Swedish Prime Minister Fredrik Reinfeldt in Stockholm, Sweden, March 29, 2010He said that his current visit to Sweden is meant to jointly celebrate the 60th anniversary of the two countries' establishment of diplomatic relations, with a view of further promoting practical cooperation between China and Sweden.To expand the mutually beneficial cooperation between the two countries, Xi said, both sides should strengthen dialogue at high levels, deepen trade and economic ties and increase people-to- people contact.He said that China welcomes Swedish King Carl XVI Gustaf to attend the celebrations of the 60th anniversary of China and Sweden establishing diplomatic ties when the king visits the Shanghai EXPO, which is slated to open on May 1.The Chinese side is willing to use the existing channels of dialogue to enhance mutual political trust and exchange views with the Swedish side on bilateral relations, international political and economic situations, the climate change, non-traditional security matters and other major world and regional issues, Xi said.Sweden has for long been pursuing the one-China police and has always supported China on issues related with Tibet and Taiwan, he said, China appreciates it and hopes Sweden will continue with it.Sino-Swedish cooperation can expand from the traditional areas of machinery building, car manufacturing, telecommunications, forest industry, household electric appliance and textiles to the new fields of eco-city construction, energy-saving and environment- protecting technology, biology research and banking, Xi said.China will renew the agreement on cultural exchange with Sweden, continue to support Chinese language teaching in Sweden and Confucius Institute improvement projects, encourage young people from both sides to participate more in exchange programs and increase the number of scholarships and government grants to students, the Chinese vice president said.
MOSCOW, May 9 (Xinhua) -- Chinese President Hu Jintao left Moscow for Beijing Sunday, after taking part in ceremonies marking the 65th anniversary of the victory of the Great Patriotic War over Nazi Germany.Earlier in the day, President Hu joined other state leaders for celebration activities, including a parade on Moscow's Red Square and wreath-laying ceremonies at the Tomb of the Unknown Soldier.During his stay in Moscow, President Hu met Russian war veterans, who helped China fight Japanese invaders in World War II. Chinese President Hu Jintao (5th R, front row) joins other state leaders here on Sunday in celebrations marking the 65th anniversary of Russia's victory in the Great Patriotic War against Nazi Germany on the Red Square in Moscow, Russia, May 9, 2010.On the sidelines of Victory Day celebrations, President Hu met Russian leaders and they exchanged views on bilateral ties and important world and regional issues.In the World Anti-Fascist War, the Soviet Union fought 80 percent of the German fascist forces in the European theater, which cost the Soviet Union 27 million lives and immeasurable national wealth, and made great contributions to the victory of the World Anti-Fascist War.