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BEIJING, Nov. 26 (Xinhua) -- China has tightened settlement and sale of foreign exchange by individuals to curb non-normal cross-border capital inflow, according to a statement of the State Administration of Foreign Exchange (SAFE).     Banks should deny, review or report to foreign exchange regulators, individual purchases or settlements of foreign exchange suspicious of splitting up one deal into several smaller ones to dodge limits on the size of exchange transfer by one person, which is understood to be one of the channels for hot money inflow, said the statement on Wednesday.     Practices including one overseas individual or institution remitting foreign exchange to five or more individuals within China who settle them respectively, or five or more individuals buying foreign exchange and remitting them to one and the same overseas individual or institution, on a single day, every other day or consecutive days, are considered exchange splitting behavior, said the SAFE.     China in 2007 set the limit of up to 50,000 U.S. dollars per year for an individual to exchange between yuan and foreign exchange.

BEIJING, Dec. 10 (Xinhua) -- Ruling parties of China and Japan on Thursday pledged to deepen trust and work together for a stronger strategic relationship of mutual benefit between the two countries.     The pledge came out of a meeting between Chinese President Hu Jintao and Secretary General of the Democratic Party of Japan (DPJ) Ichiro Ozawa in Beijing on Thursday afternoon. Ozawa is leading a delegation of 600-strong members, including 146 DPJ lawmakers from the upper and lower houses of the Japanese Diet, for a four-day visit in Beijing. Chinese President Hu Jintao (R) meets with Secretary General of the Democratic Party of Japan (DPJ) Ichiro Ozawa in Beijing, capital of China, Dec. 10, 2009. Ozawa led a delegation of 600-strong members for a four-day visit in Beijing    The group is the first DPJ-led delegation to China since the DPJ came to power in September.     Hu started the meeting by calling Ozawa "an old friend of the Chinese people who visited China many times and made important contribution to bilateral relations." Chinese President Hu Jintao (R) shakes hands with members of a delegation led by Ichiro Ozawa, secretary general of the Democratic Party of Japan (DPJ), in Beijing, capital of China, Dec. 10, 2009.This was the third meeting in Beijing between Hu and Ozawa, who visited China in capacity of the DPJ leader in 2006 and 2007.     "The Communist Party of China (CPC) attaches great importance to relations with DPJ and would like to work together to improve party-to-party exchange mechanism," said Hu, who is the general secretary of the CPC Central Committee.     Hu called for concerted efforts to make the mechanism an important platform for the two ruling parties to hold dialogues, enhance trust, promote cooperation and seek common development in a bid to boost the sound and in-depth growth of bilateral relationship.     Ozawa echoed Hu's views, saying the DPJ was committed to bolstering Japan-China ties and would continue to make best of the party-to-party exchange mechanism for a better strategic relationship of mutual benefit.     On the broader China-Japan relations, Hu said the two countries had interacted actively and undergone a smooth transition since the DPJ became Japan's ruling party in September.     Hu said he and Japanese Prime Minister Yukio Hatoyama reached important consensus on furthering the strategic relationship of mutual benefit and bringing the bilateral relationship to a new era.     Stressing the principle and spirit of four political documents between the two countries, Hu said China would like to work more closely with Japan to properly address the sensitive issues between them and jointly tackle global challenges.     Ozawa praised China's economic and social progress and its constructive role in international affairs.     Ozawa said profound changes in the international arena offered a broad prospect for Japan and China to work together in all fronts.     Prior to the two leaders' meeting, Hu and the Japanese delegation had their group photos taken at the Great Hall of the People in downtown Beijing.     The delegation was the 16th one under the "Great Hall Program," a people-to-people exchange scheme initiated in 1989. The program has so far sent about 350 Japanese lawmakers and more than 2,000 representatives from various circles to visit China.

TAICHUNG, Dec. 23 (Xinhua) -- Letting in more mainland investors again hit the agenda in Taiwan as negotiators from two sides discussed mainland investment with local business people Wednesday.     At the symposium, Chen Yunlin, president of the mainland's Association for Relations Across the Taiwan Straits (ARATS), suggested Taiwan should not be "afraid" of competitors. When the mainland began to open up, the enterprises and industries also worried that they would be beaten by overseas competitors, but 30 years after, they not only survived but also became stronger, Chen said. Chen Yunlin, president of the Chinese mainland's Association for Relations Across the Taiwan Straits (ARATS), speaks on a symposium on the investment of Chinese mainland to Taiwan, in Taichung of southeast China's Taiwan, Dec. 23, 2009.     "High liquidity of capital, people, resources and knowledge across the Taiwan Strait will bring prosperity to both sides," he said. "The mainland's advantage in manufacturing and Taiwan's leading marketing will supplement each other. Thus, the two can form a bigger economic entity in face of global competition."     Taiwan's Straits Exchange Foundation (SEF) Chairman Chiang Pin-kun echoed Chen's remarks. Chen Yunlin, president of the Chinese mainland's Association for Relations Across the Taiwan Straits (ARATS), shakes hands with Chairman of Taiwan's Straits Exchange Foundation (SEF) Chiang Pin-kung on a symposium on the investment of Chinese mainland to Taiwan, in Taichung of southeast China's Taiwan, Dec. 23, 2009.  "(The mainland's) investment will bring more employment and boost economic growth, which will benefit both sides," Chiang said.     He admitted that not many mainland investors had entered Taiwan since the island lifted the ban in June, mainly because only a limited number of sectors were opened to them.     Another reason was that mainland investors were not yet familiar with the local market and business practice, Chiang said.     By the end of November, the Taiwan authorities approved 15 investment plans from the mainland, totalling 5.82 million U.S. dollars.     "I hope the policies can be clearer, the procedures simpler and more sectors are opened to us," said Wang Jing, president of the Newland Group, a Fujian-based IT firm with a project in Taiwan.     Currently, mainland investment can go to the sectors of textile, car making, home appliance, retailing and wholesale of consumer products, air and shipping service and infrastructure for public use (not including construction contractors).     Mainland companies have to get approval from Taiwan authorities under strict regulations and the conditions are also restrictive in those accessible sectors, Wang said. "The restrictions will prevent mainland companies from enjoying fair competition."     She cited the complicated procedure that mainland businessmen had to undergo to travel to Taiwan.     "We have invested in an IT firm in Taiwan. Research work requires cooperation between staff on both sides and they have to travel a lot across the Strait. When there is an emergency, our mainland staff always could not go to Taiwan promptly," she said. "In a world of tough competition, we should not sacrifice efficiency."     Many mainland companies are interested in real estate development, finance and telecommunication that are still not on the list.     Long Ge, vice president of Shanghai Xiandai Architectural Design Group, just finished a business tour in Taiwan.     "We hope to set up an office in Taiwan in near future," Long said.     His company hoped to launch real estate businesses, not only design but also construction and marketing, in Taiwan. "But we cannot if the restrictions remain there," he said.

BEIJING, Nov. 27 (Xinhua) -- China's promise on its carbon dioxide emissions cut target was "a serious and solemn one," said Premier Wen Jiabao here Friday.     Wen made the remarks in a meeting with representatives from India, South Africa, Brazil and the G77 group of developing nations, who were here for consultations with China on climate change issues. The State Council, or the Chinese cabinet, announced Thursday that China was going to reduce the intensity of carbon dioxide emissions per unit of GDP in 2020 by 40 to 45 percent compared with the level of 2005. Chinese Premier Wen Jiabao (2nd, R) meets with representatives from India, South Africa, Brazil and the G77 group of developing nations, who are here for consultations with China on climate change issues, in Beijing, China, Nov. 27, 2009.     Wen told the foreign representatives that the Chinese government set down the task plan"based on our own national conditions and long-term interests," and "in the spirit of being responsible for the welfare of all the people in the world."     China's target was made after full scientific research and conformed to reality, the premier noted.     "We need to devote great efforts to reach the target," he said.     Wen called for global cooperation in addressing climate change issues, saying that the developing nations enjoyed common interests in this sector.     China valued the mechanism of consultation with India, Brazil and South Africa, and would increase coordination with the G77 group, he said.     "We will work with all parties concerned to help bring about reasonable and realizable outcome of the upcoming UN climate change conference in Copenhagen," said Wen, who is scheduled to attend the conference next month.     The foreign representatives applauded China's efforts and achievements in tackling climate change issues.     They agreed that developing nations should work together to safeguard common interests and make contribution to coping with this challenge and achieve sustainable development.     Indian Minister of State for Environment and Forests Jairam Ramesh, Brazilian Presidential Advisor Marcel Fortuna Biato, and South African Minister of Water and Environmental Affairs Buyelwa Sonjica were here for the ministerial consultations on climate change on Nov. 28.     The Chinese representative to the consultations will be Xie Zhenhua, vice minister in charge of the National Development and Reform Commission.     Sudan's Lumumba Stanislaus Di-Aping, a representative of the G77, had concluded his consultations with Xie earlier Friday.

BEIJING, Dec. 22 (Xinhua) -- China on Tuesday said the proper handling of sensitive issues was crucial to stronger Sino-French ties, and proposed deeper political trust and wider pragmatic cooperation.     "Both countries should properly deal with sensitive issues, enhance political trust, expand pragmatic cooperation in an effort to bring bilateral relationship to a new high," Chinese President Hu Jintao told visiting French Prime Minister Francois Fillon Tuesday afternoon. Chinese President Hu Jintao (R) meets with French Prime Minister Francois Fillon at the Great Hall of the People in Beijing, capital of China, on Dec. 22, 2009Fillon's visit was seen by observers as a symbol of the recovery of bilateral ties that were frozen in 2008 caused by frictions over Tibet and other issues concerning China's core interests.     France in April pledged not to support "Tibet independence" in any form.     "I've met twice with President Sarkozy on the sidelines of international conferences this year," Hu recalled, referring to the first one in London in April and the other in New York in September.     "We've reached important consensus on consolidating and developing China-French relationship and bringing it back to the track of sound and stable growth," Hu said. Chinese President Hu Jintao (R Front) meets with French Prime Minister Francois Fillon (L Front) at the Great Hall of the People in Beijing, capital of China, on Dec. 22, 2009.Fillon, on his first visit to China since taking office in 2007,said bilateral relations was in rapid development after the meetings between the two presidents.     Reviewing the past, Hu said the 45-year China-France diplomatic relations had overcome difficulties and moved forward despite vicissitude in international arena.     "The establishment of China-France comprehensive strategic partnership in 2004 provided a broad prospect for bilateral relations in the 21st century," Hu said.     Fillon echoed Hu's views, saying both countries would have a promising prospect in the cooperation on nuclear energy, trade, science and technology, education and culture.     China and France unveiled their biggest nuclear energy joint venture and inked two deals on aviation cooperation during Fillon's three-day visit. Wu Bangguo (R1), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with French Prime Minister Francois Fillon (L1) in Beijing, capital of China, Dec. 22, 2009.The venture, with a registered capital of about 16.7 billion yuan (2.5 billion U.S. dollars), will annually generate 26 billion kilowatt-hours on-grid energy when completed in 2014.     During their hour-long meeting at the Great Hall of the People, Hu and Fillon also exchanged views on international issues.     "As permanent members of the United Nations Security Council, China and France share same or similar views on many major international and regional issues, enjoy common interests and assume important responsibilities on international affairs," Hu said.     Fillon expected both countries to jointly oppose trade protectionism, weather the impacts of global economic downturn and restructure international financial system. Wu Bangguo (R), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with French Prime Minister Francois Fillon in Beijing, capital of China, Dec. 22, 2009Before their meeting, top Chinese legislator Wu Bangguo also met with Fillon on bilateral relations.     As Fillon's entourage included some French legislators, Wu called for more legislative exchanges at different levels in a bid to lay a more solid public foundation for China-France relations.     Fillon will fly back home late Tuesday night.