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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.

ATHENS, Oct. 3 (Xinhua) -- China and Greece issued a joint statement on Saturday, pledging to enhance their cooperation in various fields in an effort to deepen bilateral comprehensive strategic partnership.In a joint statement issued during the visit by Chinese Premier Wen Jiabao, the two countries expressed willingness to maintain frequent visits by leaders from both sides and enhance mutual political trust."The Greek government respects China's territorial integrity, reaffirms its adherence to the one China policy and supports the development of cross-Strait relations and China's reunification," the statement said.Both sides also agreed to promote the development of the China-EU comprehensive strategic partnership.Greece will continue to play a positive role in discussions within the EU over the recognition of China's full market economy status, which Athens believes is of great political significance, as China has made substantial progress on the issue within the framework of the World Trade Organization, said the statement.Hoping for a just, lasting and feasible solution to the Cyprus issue based on relevant UN resolutions, the two countries support the mediation efforts by UN Secretary General Ban Ki-moon.Greece is willing to cooperate with China in their joint fight against pirates and safeguard the international shipping, according to the statement. The two countries also agree to discuss the possibility of signing a Memorandum of Understanding on the issue.Both governments said they are ready to boost dialogue and cooperation to address climate change and make the upcoming UN climate change conference in Cancun, Mexico, achieve positive results.The two sides agree that the international financial crisis did not alter the long-term trend of world economic development. The global economy is gradually recovering but still with uncertainties."It is necessary for countries all round the world to strengthen coordination on their macro-economic policies to push forward a full-fledged recovery of the world economy," said the statement.

BEIJING, Sept. 17 (Xinhua) -- The People's Bank of China (PBOC), or the central bank, announced Friday it would continue the country's moderately easy monetary policy while making it better-targeted and more flexible in the coming months of this year.The PBOC made the announcement in its report on China's financial stability, which was released on the PBOC's website.The PBOC said in the next stage it needs to skillfully handle the relationship between maintaining steady and rapid economic development, restructuring the economy and managing inflation expectations.Chinese banks should continue supporting the country's economic restructuring, guard against risks, change profit structures, and improve the capital replenishing and restriction mechanism, the central bank said in the announcement.The announcement noted that local government debt was rising quickly, corporate liquidity was decreasing with a high current debt ratio, and credit card advances were increasing despite mounting financial assets held by residents and the low debt level.It said the global financial crisis had revealed limitations and gaps in the existing regulatory system. To prevent systemic risks, the central bank would combine macro and micro-prudential supervision in its policy package.

BEIJING, Sept. 20 (Xinhua) -- Millions of Chinese people vented their anger online Monday after Japan extended its detention of a Chinese fishing trawler captain, calling for a boycott of Japanese goods and asking the Chinese government to take stronger measures."They entered our territorial waters, destroyed our property (the fishing boat), and seized our citizens. What do you call that?" said "fenghuang802" in a message posted at bbs.ifeng.com."What the Japanese seized was not Zhan Qixiong, the trawler's captain, but the dignity of the Chinese nation," said "Li Weihua" at t.sina.com.cn."We must firmly boycott Japanese goods. They are making so much money from us Chinese while hurting us so deeply. If you're a good Chinese person, you won't buy Japanese goods," said "zzwghwgh" at tianya.cn."I hope the Chinese government adopts an even tougher attitude in tackling this issue. Don't let the public lose confidence," said "huoxing" at bbs.163.com.On Sept. 7, two Japan Coast Guard patrol ships and a Chinese trawler collided in waters off China's Diaoyu Islands in the East China Sea, over which Japan also claims sovereignty. The Japan Coast Guard illegally seized the Chinese trawler and detained the fishermen and the captain on Sept. 8.The 14 Chinese crew were released last week, but the captain's continued detention sparked protests across the country Saturday, which also happened to mark the 79th anniversary of Japan's WWII invasion of China.China has summoned the Japanese ambassador five times and postponed scheduled talks on joint energy exploration in the East China Sea.A Japanese court announced Sunday the trawler captain's detention - which had been due to expire Sunday - would be extended by another 10 days, fueling the Chinese public's indignation.China's Foreign Ministry announced late Sunday Japan's refusal to release the trawler captain had "severely hurt" relations between the two countries. A ministry statement said China had canceled ministerial and provincial-level contacts with Japan, suspended talks on aviation issues, and postponed a meeting on coal."We demand the Japanese side immediately release the Chinese captain unconditionally," Foreign Ministry spokesman Ma Zhaoxu said in a statement."China will take strong counter measures if the Japanese side continues to act willfully and double its mistakes. Japan shall suffer all the consequences," Ma said.In addition, Chinese Vice Foreign Minister Wang Guangya made solemn representations to the Japanese ambassador to China, Uichiro Niwa, Sunday evening, expressing China's strong indignation.Chinese historians say the Diaoyu Islands have been part of Chinese territory since the early years of the Ming Dynasty (1368-1644).