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ZURICH, SWITZERLAND, Feb. 26 (Xinhua) -- A Chinese business delegation inked trade deals worth more than 300 million U.S. dollars with Swiss companies on Thursday, ending the second leg of their four-state procurement tour in Europe.     The agreements covered products ranging from software to electric equipments and metals, which meet China's domestic needs, according to Chinese trade officials.     Among those agreements, Switzerland's ABB, a global leader in power and automation technologies, signed a letter of intent for the supply of generator circuit breakers to China Nuclear Power Engineering Company.     Switzerland's Glencore, one of the world's largest suppliers of a wide range of commodities and raw materials to industrial consumers, also signed a deal with Chinalco, the world's second largest alumina producer and the third largest primary aluminum producer.     Holcim, one of the world's leading suppliers of cement and aggregates based in Switzerland, deepened its partnership with China's Huaxin Cement Company (HCC). They signed a frame agreement for technical service, technology and new equipment supplies covering the next two years.     Holcim is already the single largest shareholder in HCC, holding a stake of 39.9 percent of the Chinese firm.     "HCC with Holcim's support will continue to strengthen and extend its leading role as a modern cement producer in China," the two companies said in a statement. Chinese Commerce Minister Chen Deming (L) shakes hands with Swiss Economy Minister Doris Leuthard, after signing a memorandum on the intensification of technical cooperation in the field of environmental technology, in Zurich, Switzerland, Feb. 26, 2009. Chen and Leuthard attended here on Thursday the Sino-Swiss Economic and Trade Forum with the aim of intensifying relations between Swiss and Chinese companiesChinese Commerce Minister Chen Deming, who led the delegation, said that besides this team, there will be more Chinese business delegations coming to Switzerland for trade and investment opportunities.     Swiss Economy Minister Doris Leuthard revealed that a Swiss business group will also go to China within the year.     Both ministers witnessed the deal-signing ceremony and opened an economic and trade forum with the aim of intensifying relations between Swiss and Chinese companies.     Addressing the forum, Chen said that cooperation is the effective way to tackle the international financial crisis which posed great challenge to world economy. Chinese Commerce Minister Chen Deming (L) and Swiss Economy Minister Doris Leuthard attend a press conference in Zurich, Switzerland, Feb. 26, 2009. Chen and Leuthard attended here on Thursday the Sino-Swiss Economic and Trade Forum with the aim of intensifying relations between Swiss and Chinese companies"Past experience shows that in time of crisis it is all the more important to adhere to a policy of openness and cooperation," he said. "Protectionism will not revive the economy. Rather, it will exacerbate the recession."     "This trade and investment promotion delegation to Europe is a clear indication of China's opposition to protectionism and its readiness to work together with Europe in tiding over the crisis," he added.     Highlighting China and Switzerland are important economic and trade partners to each other, Chen said the two economies are highly complementary.     China is highly competitive in labor-intensive products, such as garments, jewelry, footwear and containers, offering budget choice to Swiss consumers, while Switzerland boasts a distinct competitive edge in watches, medicines, measuring instruments and precision machinery.     In 2008, bilateral trade between China and Switzerland reached 11.25 billion U.S. dollars, increasing 19.2 percent despite the economic downturn. China is now Switzerland's second largest trading partner in Asia.     Leuthard said that the visit by the Chinese delegation sent a strong signal that China and Switzerland remain committed to open markets and against protectionism.     She said the agreements between Swiss and Chinese companies are "good news to our businesses."     "They signed contracts which will safeguard jobs and strengthen the cooperation between Swiss and Chinese companies in different fields in our economy," she said.     Earlier today, Leuthard and Chen signed a memorandum on the intensification of technical cooperation in the field of environmental technology.     "Switzerland and China will cooperate more strongly to ensure that economic growth can be shaped in a more sustainable and environmentally-sound manner," the Swiss government said.     To this end, a joint working group is to be established to examine the potential for cooperation in the areas of technology transfer, energy efficiency, renewable energies and the efficient use of resources. The group will submit proposals on the shape of this cooperation.     Switzerland is the second stop of the Chinese business delegation's European tour. On Wednesday, they signed 37 procurement deals worth about 11 billion euros (14 billion U.S. dollars) with local firms in Germany.     In an interview with Xinhua on Wednesday, Chen expected purchase deals with Switzerland would be modest compared with Germany due to the gap in the two countries' economic scales.     The delegation will arrive in Madrid, Spain later today and then London, the last stop. Chen said the deals to be signed there could be a more than in Switzerland.

BEIJING, March 16 (Xinhua) -- Vietnam is ready to make joint efforts with China to advance the Vietnam-China comprehensive strategic and cooperative partnership, a senior Vietnamese official said here Monday. Pham Quang Nghi, a member of the Political Bureau of the Communist Party of Vietnam Central Committee (CPVCC), made the remarks during his talks with Liu Qi, a member of the Political Bureau of the Central Committee of the Communist Party of China (CPC).     Liu said the two parties had increased exchanges on theory and practice of socialist construction since the two top leaders reached an important consensus on the development of Sino-Vietnamese relations last year. Liu Qi (L), member of the Political Bureau of the Central Committee of the Communist Party of China (CPC) and chief of the CPC Beijing Municipal Committee, meets with Pham Quang Nghi, member of the Political Bureau of the Central Committee of the Communist Party of Vietnam (CPV) and chief of the CPV Hanoi Municipal Committee, in Beijing, capital of China, March 16, 2009.     Hu Jintao, general secretary of the Communist Party of China (CPC) Central Committee and Chinese President, held talks with CPVCC General Secretary Nong Duc Manh on May 30, 2008, when Manh was on a four-day official goodwill visit to China.     The consensus between the leaders of the two parties provided direction to further develop relations, said Nghi, also Hanoi's Party Committee Secretary.     The two countries had also expanded cooperation, which brought concrete benefits to the two peoples, Liu said.     Liu, also secretary of the CPC Beijing Municipal Committee, hoped both sides would work together to enrich the bilateral comprehensive strategic and cooperative partnership.     He also briefed the guests on the Second Session of the 11th National People's Congress (NPC) and the Second Session of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC), held earlier this month.     Wang Jiarui, head of the International Department of the CPC Central Committee, also met with Nghi and his delegation on Saturday.     On Monday afternoon, Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), also met with Nghi.     Hailing the completion of Sino-Vietnam land demarcation, Jia said China and Vietnam were facing an opportunity to further comprehensive, strategic and cooperative partnership, and should work together to boost cooperation in all fields and levels.     Nghi believed the Chinese people would overcome the global financial crisis under the leadership of the CPC. He said China was an important force to safeguard world peace and progress, and that Vietnam would learn from China's experience in the reform and development

LONDON, April 3 (Xinhua) -- Chinese President Hu Jintao made concrete proposals on tackling the global financial crisis at the G20 London summit, playing an important and constructive role for the summit to gain pragmatic results, the Chinese foreign minister said on Friday.     "The summit produced measures of high value in fighting the financial crisis and built up confidence for the world to tide over the crisis and renew economic growth," Yang Jiechi said, adding that Hu's proposals contributed to the result. Chinese President Hu Jintao attends the Group of 20 summit in London, Britain, April 2, 2009. The international community held high expectations, especially on influential emerging economies such as China, and President Hu's attendance caught much attention, Yang said.     At the summit, Hu called for international cooperation, actively participated in various discussions, comprehensively introduced China's effective measures in dealing with the financial crisis, Yang said.     According to Yang, the Chinese president's trip was proved to a success mainly in five aspects. Chinese President Hu Jintao (R) meets with British Prime Minister Gordon Brown in London, Britain, on April 1, 2009. Firstly, Hu expounded China's opinions on the global financial crisis and called for coordination and support between each other to "join hands and tide over the difficulties together."     Hu reiterated the Chinese government's willingness to strengthen macroeconomic policy coordination with the international community, push the reform of the international financial system forward, actively safeguard the stability of the multilateral trade mechanism and contribute to the restoration of the world's economic development.     Secondly, Hu put forward proposals on reforming the international financial system, saying efforts should be made to strengthen cooperation in financial regulations, formulate as soon as possible widely accepted standards and norms of the regulations, Yang said. Chinese President Hu Jintao (2nd R) talks with British Prime Minister Gorden Brown (R) as they prepare to pose for a family photo during the Group of 20 summit in London, Britain, April 2, 2009International financial institutions should offer more aid to developing countries and the Financial Stability Forum should playa bigger role, the Chinese president said.     The International Monetary Fund (IMF) should strengthen and improve its supervision over the macroeconomic policies of various economies, major reserve currency issuing economies in particular, with a special focus on their currency issuing policies.     Measures should be taken to improve the governance structures of the IMF and the World Bank and give more say to developing countries.     Thirdly, Hu introduced to world leaders China's anti-crisis measures and preliminary achievements gained in tackling the economic downturn.     Fourthly, China voiced strong opposition to protectionism and concerns over development issues, Yang said.     Hu pointed out that protectionism had produced grave consequences, lessons of history must be learnt, and no country should resort to protectionism under the excuse of stimulating the economy.     Yang said the crisis has taken its toll particularly on the developing nations and the UN Millennium Goals have also suffered as a result.     China, as the world's biggest developing nation, has spared no efforts in defending the interests of developing nations, the minister said.     Fifthly, Hu's visit promotes bilateral relations with some countries, Yang said. Chinese President Hu Jintao (L) shakes hands with U.S. President Barack Obama during their meeting in London, Britain, on April 1, 2009In London, Hu held talks with his U.S. counterpart Barack Obama in the first meeting between the two heads of state since the new U.S. administration took office in January, agreeing to build a positive, cooperative and comprehensive relationship in the 21st century and establish a new "China-U.S. Strategic and Economic Dialogue" mechanism.     The meeting ushered in a new era which features healthy and stable development of China-U.S. relations, Yang said.     In a meeting between Hu and his Russian counterpart Dmitry Medvedev, the two leaders agreed to push forward bilateral ties, jointly tackle the global financial crisis and strengthen coordination in dealing with international affairs. Chinese President Hu Jintao (L) meets with Russian President Dmitry Medvedev in London, Britain, April 1, 2009When meeting with British Prime Minister Gordon Brown, Hu reached broad consensus with him on tackling the international financial crisis, promoting the reform of the world financial system and enhancing bilateral relations.     Hu also met with his French counterpart Nicolas Sarkozy, Japanese Prime Minister Taro Aso, Brazilian President Luiz Inacio Lula da Silva, Australian Prime Minister Kevin Rudd, and South Korean President Lee Myung-bak.     Despite a tight schedule, Hu tried to seize every opportunity to explain China's positions and views on various issues and achieved good results, Yang said. Chinese President Hu Jintao (R) shakes hands with French President Nicolas Sarkozy during their meeting in London, Britain, on April 1, 2009G20 groups the world's major economies and serves as a key and effective platform for tackling the current global economic and financial challenges, Yang said.     China is ready to work with other G20 members to implement the consensus reached at the London summit and make greater contributions to overcoming the financial crisis, renewing global economic growth and advancing international financial reforms, the minister concluded.

BEIJING, March 4 (Xinhua) -- Chinese leaders joined in panel discussions with the country's political advisors Wednesday, calling for concerted efforts to pull through the global financial crisis which is unfolding its impact on the country's economy. Chinese President Hu Jintao (2nd R), shakes hands with a member of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) in Beijing, capital of China, March 4, 2009. Hu Jintao and Jia Qinglin (1st R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), visited the CPPCC members from the China Association for Promoting Democracy and the China Democratic League on WednesdayAll parties, all organizations, all social strata and all ethnic groups should unite under the central authorities' decisions and strategy to overcome difficulties, President Hu Jintao said in a discussion with members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).     He called on all Chinese people to stand together and "bravely move forward" though difficulties are in sight.     "This year is pivotal for the country to combat the financial crisis and maintain a steady and relatively rapid economic growth," Hu told political advisors from the China Association for Promoting Democracy and the China Democratic League, two non-communist parties.     "To ensure economic growth, people's well-being and social stability is of great importance to maintain a stable overall situation of reform and opening-up," Hu said. Wu Bangguo (front R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the Standing Committee of the National People's Congress (NPC), meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the CPC during the panel discussion in Beijing, capital of China, March 4, 2009Top legislator Wu Bangguo called on members of the Communist Party of China (CPC) to play an exemplary role and contribute wisdom and strength to the national development during his discussion with a group of advisors from the CPC.     Wu, chairman of the Standing Committee of the 11th National People's Congress, pinpointed the importance of investigation and research on issues concerning people's livelihood in a bid to "fully reflect the real social situations and the public opinions."     He asked the CPPCC members to make efforts to promote the building of a harmonious society. Chinese Premier Wen Jiabao (front L), meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the circles of economy and agriculture during the joint panel discussion in Beijing, capital of China, March 4, 2009In the discussion with advisors from the circles of economy and agriculture, Premier Wen Jiabao said the country need to make large-scale government investment and bring in more social and private funds as well.     While the crisis demands stronger government macro-control, the role of the market mechanism should also be given a full play, he said.     Wen called for resolute and prompt government decisions in the face of the economic woes but stressed that officials must work according to the law and procedures.     "We must make sure every major government investment plan is appraised in a scientific way and will be known, understood and supervised by the people," he said.     "The more difficulties we have, the more opinions we should solicit from various groups," he said. Jia Qinglin (R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with members of the 11th National Committee of the CPPCC from the religious circle during the panel discussion in Beijing, capital of China, March 4, 2009CPPCC National Committee Chairman Jia Qinglin encouraged political advisors from the religious circle to guide believers to "promote economic development and social stability."     He asked them to work for harmonious religious relations and the reunification of the motherland.     The other members of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, also joined panel discussions with political advisors. Li Changchun (L), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the social sciences, media and publication circles during the joint panel discussion in Beijing, capital of China, March Li Changchun told political advisors from the social sciences, media and publication circles to nurture an environment that can help ensure economic growth, people's well-being and social stability by conducting investigations and better answering questions of public concern. Chinese Vice President Xi Jinping (front L), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from south China's Hong Kong Special Administrative Region (SAR) and Macao SAR during the joint panel discussion in Beijing, capital of China, March 4, 2009.During a panel discussion with advisors from Hong Kong and Macao, Vice President Xi Jinping assured that with the support from the central government and through efforts made by the regional governments, the two special administrative regions will surely tide over the crisis and achieve long-term prosperity. Li Keqiang (2nd R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the education circle during the panel discussion in Beijing, capital of China, March 4, 2009.Vice Premier Li Keqiang stressed the priority of education in his discussion with advisors from the education circle, saying education is the "strategic foundation" of the country's modernization.     A better education system will benefit the people's well-being and all-round development and provide talent support for the country's economic and social drives, he said. He Guoqiang (2nd R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the China Democratic National Construction Association and the All-China Federation of Industry and Commerce during the joint panel discussion in Beijing, capital of China, March 4, 2009. He Guoqiang, secretary of the CPC Central Commission for Discipline Inspection, called on non-public sectors of the economy to adapt to the market transformation, shift development mode and shoulder social responsibility by making more contributions.     He also urged to intensify the battle against corruption and improve officials' work style. Zhou Yongkang (R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with specially invited members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) during the panel discussion in Beijing, capital of China, March 4, 2009.Zhou Yongkang called for preventing and resolving social conflicts and listening to public opinions so as to safeguard public rights and interests.     The CPPCC National Committee started its annual full session Tuesday. The meeting is scheduled to end on March 12.

HONG KONG, April 12 (Xinhua) -- About 400 enterprises in the Chinese mainland had been selected to participate in the Renminbi cross-border trade settlement pilot program, Under Secretary for Financial Services and the Treasury of Hong Kong Julia Leung said here Saturday.     Speaking on a radio talk show here Saturday, Leung said enterprises in Hong Kong would soon be able to settle trades in Renminbi through the banks with the selected companies in the Chinese mainland.     Noting the program can reduce the risks and cost arising from fluctuations in exchange rates, she said Hong Kong banks could expand extensively their Renminbi services from individual clients to enterprises.     When asked whether the scheme includes trade financing, Leung said authorities in the Chinese mainland would announce the details soon.     "The Monetary Authority has made full preparation for the program including conducting tests on the Renminbi clearing system," Leung noted, adding that "the system can start operation once the Chinese mainland comes up with the operational details."     When asked whether the Hong Kong Special Administrative Region (HKSAR) government would change Hong Kong's linked exchange rate with the U.S. dollar, the under secretary said the system had been working effectively and the HKSAR government had no plan to change it.