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BEIJING, March 19 (Xinhua) -- Chinese Vice Minister of Commerce Zhong Shan will pay a three-day visit to the United States from March 24 to strengthen economic and trade cooperation, said a statement posted on the official website of the Ministry of Commerce (MOC) Friday.The visit was aimed at expanding bilateral trade and promoting the healthy and stable development of the Sino-U.S. economic and trade relations, the statement said.Zhong would also negotiate with the U.S. administration over Sino-U.S. trade issues in an effort to increase mutual understanding, and defuse trade frictions, the statement said."Sino-U.S. economic and trade relations are mutually beneficial," said He Ning, director general of the Department of American and Oceanian Affairs of the MOC."China believes any economic and trade issues, including the RMB (Chinese currency) exchange rate, can be resolved through dialogue."But we should avoid politicizing economic and trade issues," He told journalists Friday in Beijing.He said commodities trade figures only mirrored flows of the products, but it could not truly reveal the beneficiaries.Chinese Premier Wen Jiabao said earlier this month that half of China's exports came from the processing trade, in which imported components were assembled at factories in China and 60 percent were made by foreign-funded companies or joint ventures with foreign partners.MOC spokesman Yao Jian said Tuesday China welcomed more U.S. high-tech exports, and was willing to promote more balanced Sino-U.S. trade. En

BEIJING, Feb. 10 (Xinhua) -- China's top legislature will convene its bimonthly session from Feb. 24 to 26, making a final preparation for an annual full session next month.According to a statement of a meeting, presided over by top legislator Wu Bangguo Wednesday, an important task at the three-day session late this month is to prepare for the upcoming Third Plenum of the 11th National People's Congress (NPC), scheduled to open on March 5.Lawmakers at the February session will deliberate a draft report on the work of the 11th NPC Standing Committee, the draft agenda of the third 11th NPC session, the draft of the name list for presidium and secretary-general, and the draft of the name list for non-voting delegates to the plenary session in March.They will also continue to review the draft law on mobilization for national defence, as well as a draft amendment to the law on keeping state secrets.The draft amendments to the Administrative Supervision Law and the Copyright Law will also be submitted by the State Council to the legislative session for discussion, according to the statement.They will also discuss a consular agreement with the Philippines and a report on the inspection of the enforcement of the Food Safety Law, as well as a motion regarding appointments and dismissals.

YINCHUAN, Feb. 27 (Xinhua) -- Chinese Vice Premier Li Keqiang called for more efforts to promote the development of China's west region on Saturday.Li made the remarks during an inspection tour in the west Ningxia Hui Autonomous Region."Expanding domestic consumption is key to economic restructuring which is crucial to accelerating the transformation of economic development mode, a strategic task for China at present and in the long run," Li said.Chinese Vice Premier Li Keqiang talks with villagers during an inspection tour in Ningxia Hui Autonomous Region, Feb. 26, 2010Advancing the development of west China is conducive to boosting domestic consumption, adjusting the structure and raising the level of economic development, given the region's vast area and great demand potential, he said.

BEIJING, March 22 (Xinhua) -- Chinese Premier Wen Jiabao said here Monday that an upcoming high-level political and economic dialogue would be "very important" for China and the United States to solve problems the two countries have regarding trade and currency.The second round of the China-U.S. Strategic and Economic Dialogue, slated for May in Beijing, "will be a chance for China and the United States to settle disputes and problems," Wen told a group of overseas entrepreneurs attending a two-day forum in Beijing."We attached great importance to the dialogue," he added. Chinese Premier Wen Jiabao (R) meets with foreign delegates attending the two-day China Development Forum 2010, in Beijing, China, March 22, 2010Wen's remarks came as the U.S. is pressing China to appreciate the yuan and limiting Chinese products from entering its market by raising trade barriers."The China-U.S. relationship is of great importance," Wen said, noting it concerns the fundamental interests of the two peoples, and its significance goes further than that.Highlighting trade ties of overall bilateral relations, Wen said he believes some existing differences and problems could be solved through fair consultation."Looking back, the disputes and differences between China and the United States have been settled one by one, leading to an increasingly close political and economic relationship," said the premier.He said China welcomes American enterprises to explore business in China, and would expand imports from the United States in the future.The China Development Forum, with a theme of "China and the World Economy: Growth, Restructuring and Cooperation", drew over 200 foreign executives from prominent transnationals including Ford, Rio Tinto and Royal Dutch Shell.In response to a question from Chairman of the Morgan Stanley Asia Stephen Roach concerning emerging trade disputes and protectionism, Premier Wen urged all countries and companies not to start trade and currency wars, which would be harmful to the recovery of world economy."We are happy that the world economy shows good signs of recovery, however, some factors make us feel that the recovery will not be so smooth," he said, referring to high unemployment in some big economies, unstable prices of bulk products and inflation.The premier called on people around the world to stay cool-headed at a time when world economy starts to resume. He said China promises not to pursue trade surplus and wants to enlarge the country's imports.He said China's future economic growth relies on technology development, in particular, high technology such as life and biological technologies.As for China's emission cut plan, Premier Wen stressed China regards its energy conservation and emission cut as an important strategy throughout the 11th and 12th five-year plan as well as its future development."We will implement our goal of 40-45 percent reduction of carbon intensity by 2020 in the 12th five-year plan," he said.Concerning China's capital market reform, Wen acknowledged that some problems still exists in the management and monitoring of the financial sector, adding China is determined to establish an "integrated, sound and sustainable" financial system.China would combine direct and indirect financing to expand the role of the capital market, he said. Chinese Premier Wen Jiabao (C) walks with foreign delegates attending the two-day China Development Forum 2010 before their meeting in Beijing, China, March 22, 2010

BEIJING, March 19 (Xinhua) -- China must strengthen trade ties with Russia, Belarus, Finland and Sweden, said Vice Commerce Minister Gao Hucheng Friday, a day ahead of Vice President Xi Jinping's 11-day official visit to the four European countries.Gao told Xinhua that China had been Russia's biggest trading partner since February last year. Sino-Russian trade reached its peak in 2008, with trade volume hitting a record 58.8 billion U.S. dollars.However, the volume was dragged down by the global economic downturn last year, falling 31.8 percent year on year to 38.8 billion U.S. dollars.Sino-Russian trade volume grew 67.9 percent year on year in the first two months of 2010, which was close to the pre-crisis level, Gao said."More attention must be paid to the restructuring of trade cooperation between the two countries," said Gao.China should import more electro-mechanical and technological products from Russia and the two sides should cooperate more in resources development and cross investment.China was Belarus's biggest trading partner in Asia. Bilateral trade had grown 12-fold since 1992, when the two nations established diplomatic relations. Trade volume was 810 million U.S. dollars in 2009.Gao said the Chinese and Belarus governments should encourage companies to enhance cooperation in areas like energy, telecommunications and infrastructure, and support local banks to provide better financial services for each other's companies.He said Finland and Sweden were famous for their innovation-oriented economies, which happened to complement China's economic pattern.As China's eighth and ninth biggest EU trading partners, Sweden and Finland were also major vendors of technology to China, he said.China signed technology contracts worth 420 million U.S. dollars with Sweden and 370 million U.S. dollars with Finland last year.Gao said he hoped the two countries would help China gain EU recognition of its full market-economy status at an early date.