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BEIJING, March 19 (Xinhua) -- Chinese President Hu Jintao met Thursday with the Premier of the Democratic People's Republic of Korea (DPRK), Kim Yong Il. Hu reviewed 60 years of China-DPRK ties, saying the friendship, initiated and fostered by the older generation of leaders, had withstood the test of international and domestic changes. "The friendship, which has kept developing, has become the common treasure of both nations," Hu said. Chinese President Hu Jintao (R Front) meets with Premier of the Democratic People's Republic of Korea (DPRK) Kim Yong Il (L Front) at the Great Hall of the People in Beijing, capital of China, March 19, 2009 The DPRK was among the first countries to establish diplomatic relations with China. The two countries forged diplomatic relations on Oct. 6, 1949, days after the People's Republic of China was founded. Hu said the Communist Party of China and the Chinese government attach great importance to ties with the DPRK. China would like to work with the DPRK for a better good-neighbor cooperation. Kim came to China on an official goodwill visit and launched the China-DPRK Friendship Year in Beijing, a year-long exchange program marking the 60th anniversary of diplomatic relations. "We should take the opportunity of the friendship year to carry forward our traditional friendship, deepen strategic communication and promote substantive cooperation for a stronger bilateral relations," Hu said. On the Korean Peninsula nuclear issue, Hu said a question confronting all parties concerned was how to overcome what he termed the current difficulties and resume the six-party talks at an early date. "We hope parties concerned will take the overall situation into consideration and properly resolve the differences in a bid to promote the further progress of the talks," Hu said. Initiated in 2003, the talks involve China, the DPRK, the United States, the Republic of Korea, Russia and Japan. The last round of talks, held in Beijing in December, failed to make any substantive progress. Kim, who was on his first visit to China since taking office in April 2007, hailed the deeply rooted DPRK-China friendship. "Under the leadership of both countries, DPRK-China relations have developed soundly in recent years," Kim said. He said the DPRK would unswervingly develop friendly cooperation with China and carry forward the bilateral traditional friendship. "The DPRK will, as always, make unremitting efforts to cement and develop friendly ties with China," he said. Kim said the DPRK people were happy about the significant achievements the Chinese people had made in economic and social development. During his five-day visit, Kim first traveled to east China's Shandong Province and talked with his Chinese counterpart, Wen Jiabao, Wednesday.
GENEVA, April 14 (Xinhua) -- Switzerland and China will soon sign a formal agreement on enhancing their cooperation in the field of sustainable water management and hazard prevention, the Swiss government said on Tuesday. Federal Councilor and Environment Minister Moritz Leuenberger will make his first official visit to China on April 16 to sign this agreement, according to a government statement. During his five-day visit, Leuenberger will also hold official discussions with Chinese Minister of Water Resources Chen Lei, attend the third Yangtze Forum and visit the Three Gorges Dam, the statement said. Due to their mountainous regions, Switzerland and China face similar natural hazards, according to the statement. At the same time, both countries harness their hydropower and are faced with the question of river basin management, which is likely to become more pressing due to climate change, it added.
SEOUL, April 6 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), said here Monday that the strategic and cooperative partnership between China and the Republic of Korea (ROK) has witnessed rapid growth thanks to concerted efforts made by both. Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks when meeting ROK President Lee Myung Bak. Li first congratulated the successful meeting between Lee and Chinese President Hu Jintao amidst the G20 financial summit in London. Lee, in return, highly spoke of the contribution made by China to the results scored in the summit. Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with President of the Republic of Korea (ROK) Lee Myung Bak during their meeting in Seoul, ROK, April 6, 2009 Hu-Lee summit is the latest demonstration of high-level exchanges between China and ROK. The two countries, key economic partners to the other, also carry out cooperation in cultural, educational and scientific areas. "We also strengthen communication and coordination on major global and regional issues, including China-Japan-ROK cooperation, climate change and international financial cooperation, thus ushering the China-ROK strategic and cooperative partnership in a new phase," Li said. "The development of relations with ROK takes an important position in China's foreign policy for neighboring countries," he added. To further develop such ties, Li suggested both nations maintain high-level exchanges for increasing mutual trust in political area. "Besides governmental contacts, the exchanges between parliaments and political parties should also be strengthened. And the exchanges among political parties should form a mechanism," he said. Li also proposed to make joint efforts for combating the spreading financial crisis and strengthening mutually beneficial cooperation. "We should adopt effective measures to ensure the steady growth of economic cooperation, increase cooperation in such key areas as energy, telecommunication, finance, logistic and environmental protection, and initiated negotiations of free-trade agreement at an early date," he said. He also pledged to expand people-to-people contacts, in particular the communication among young people, so as to lay a solid foundation for bilateral ties. "Exchanges of academic and media circles could also be enhanced," he said. On multi-lateral cooperation, Li suggested both keep close communication and coordination in preventing trade protectionism, reforming international financial system and strengthening global and regional cooperation on financial affairs. Li expressed appreciation for ROK's adherence to one-China policy. Li Changchun (L), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with Prime Minister of the Republic of Korea (ROK) Han Seung-soo in Seoul, ROK, April 6, 2009. Lee said he has visited China three times after he assumed the presidency. "The moves fully demonstrate my firm belief for developing ROK-China relations and the strong aspiration of the our people to develop China-ROK friendship for generations to come," he said. He said that ROK considered China's development as its own opportunity and welcomed China's active and important role in regional and international affairs. ROK supports China's measures to combat the financial crisis and is willing to earnestly implement the consensus reached by leaders of the two countries, Lee said. ROK agreed to coordinate with China on macro-economic policy, he said. Also on Monday, Li met with ROK Prime Minister Han Seung-soo, in which they exchanged views on enhancing economic cooperation. Both agreed to actively advance regional cooperation for rejuvenating Asia. The two sides reached consensus that the foundation of the bilateral friendship depends on the peoples of the two countries and the future on the young generation. Currently, there are more than 1 million South Korean learning Chinese, he said. "We are willing to work with China for pushing forward cooperation in East Asia," he added. Earlier on Monday, Li visited the Ewha Womans University, the largest women university in the world. Li spoke highly of the efforts made by the university to train a contingent of female talents, who play active part in political, economic and cultural fields in South Korea. He urged both sides to further boost cultural and educational exchanges. Li attended the Chinese curricular of Ewha. He encouraged the young students to work hard as the envoys for boosting bilateral exchanges. In the afternoon, Li visited the Seoul Chinese Cultural Center, the first government-sponsored Chinese cultural facility in Asia. ROK is the last leg of Li's four-nation tour which has already taken him to Australia, Myanmar and Japan.
BEIJING, April 6 (Xinhua) -- China would manage to make breakthrough in yuan-based cross-border payment system in 2009, People's Bank of China, or the central bank, said in an on-line report. According to the report reviewing the country's payment system in 2008, China would further develop regional and international cooperation in payments, and improve the yuan-based cross-border trade settlements this year. The report also pointed out that China's payment system had remained safe, stable and efficient last year despite severe natural disasters and global financial downturn, as a total of 1,131 trillion yuan (about 166 trillion U.S. dollars) had been spent through the payment system, 37.62 times of the GDP last year. The central bank's high-value payment system (HVPS), core infrastructure of the country's payment system, had conducted 214 million payments worth 64 trillion yuan last year, up 24.42. China's securities settlement system had remained steady and provided strong support to the securities business, said the report. Trading volume in China's interbank bond market reached 10.46 billion yuan, up 66.03 percent from that of 2007, it said. According to the report, non-cash payment products, such as bank cards and bill payment, had become more popular among Chinese citizens. Chinese people had conducted 13.8 payments through non-cash products per capita last year, up 18.1 percent from that of 2007. Up to 24.2 percent of China's retail sales last year had been spent through the bank card system, 2.3 percentage points higher than the 2007 level, it said.