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BERLIN, Jan. 7 (Xinhua) -- China and Germany will ink 8.7 billion U.S. dollars worth of business deals during Chinese Vice Premier Li Keqiang's visit to Germany, Chinese Ambassador to Germany Wu Hongbo said here on Friday.Wu said at a press conference that Li was accompanied by some 120 Chinese business leaders on his current visit. The two sides are expected to sign 11 agreements and commercial contracts worth some 8.7 billion dollars, covering such fields as automobile purchase, financial cooperation, energy and machinery.Earlier on Friday, Li met with German President Christian Wulff and then held talks with Chancellor Angela Merkel.Li told the German leaders that China is a long-term and responsible player in European financial markets. China has increased its holdings of, and will continue to buy Spanish government bonds.Li said China viewed Europe as an important partner and would like to see a prosperous Europe.Li, who started his four-day official visit to Germany on Thursday, is due to meet with German Foreign Minister Guido Westerwelle in the afternoon and attend a signing ceremony of the business deals between the two countries.

BEIJING, Dec. 29 (Xinhua) -- Senior Communist Party of China (CPC) official Li Changchun has called for Chinese people to take a serious attitude to their work, while praising the accomplishments of a renown train driver.Li, a Standing Committee member of the Political Bureau of the CPC Central Committee, made the remarks Wednesday after meeting with Li Dongxiao, a veteran train driver.Li Dongxiao, who has worked in the railway sector for 22 years, is widely known as China's first high-speed train driver, and the man who trained the country's first team of high-speed train drivers.Li Dongxiao, 40, also helped to write a high-speed rail driving manual."It took China five years to achieve what other countries had only acheived after decades of hardwork, and generations of railway staff had worked diligently to realize the goal... Li Dongxiao is an outstanding representative for them," Li Changchun said.Li Changchun said Chinese people should learn from Li Dongxiao's belief in serving the country and its people, and his hardworking and innovative spirit.

HANOI, Nov. 27 (Xinhua) -- Chinese and Vietnamese defense ministries held their fourth defense and security consultation here on Thursday.The consultation was chaired by Deputy Chief of the Chinese People's Liberation Army General Staff Ma Xiaotian and Vietnamese Deputy Defense Minister Nguyen Tri Vinh.At the consultation, the two sides exchanged views on regional security, bilateral relations and bilateral military ties, and other issues of mutual concern.The two sides spoke highly of the defense and security consultation mechanism, holding that it is an effective measure to push forward bilateral relations and bilateral military ties and should be fully utilized. Deputy Chief of the Chinese People's Liberation Army General Staff Ma Xiaotian (2nd L) and Vietnamese Deputy Defense Minister Nguyen Tri Vinh (2nd R) chair the fourth China-Vietnam Defense and Security Consultation in Hanoi, Vietnam, Nov. 27, 2010. Chinese and Vietnamese defense ministries held their fourth defense and security consultation here on Thursday , during which the two sides exchanged views on regional security, bilateral relations and bilateral military ties, and other issues of mutual concern.Both sides said they cherished traditional friendship between China and Vietnam, and vowed to further strengthen political mutual trust, enhance cooperation and properly settle sensitive issues that could have an influence on bilateral relations or bilateral military ties.The two sides vowed to strengthen exchanges and coordination in international affairs, speed up efforts in handling difference and challenges, and make joint efforts to safeguard regional peace, security and stability.

BEIJING, Dec. 2 (Xinhua) -- A senior leader of the Communist Party of China (CPC) vowed Thursday to enhance mutual political trust with France.Li Changchun, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the pledge during his meeting with former French Prime Minister Jean-Pierre Raffarin and General Secretary of the Union for a Popular Movement (UPM) Jean-Francois Cope in Beijing.Li recalled Chinese President Hu Jintao's visit to France last month, saying it indicates Chinese-French relations have reached a new high.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 former French Prime Minister Jean-Pierre Raffarin in Beijing, capital of China, Dec. 2, 2010. As permanent members of the Security Council of the United Nations and members of the Group of 20, China and France share common interests and bright prospects for cooperation, he said.Li applauded the close contact between the CPC and UPM, saying the CPC will bolster exchange with UPM, especially between young politicians.The French guests hailed French-Chinese ties and cooperation and pledged to work for closer cooperation and exchange. 

BEIJING, Nov. 16 (Xinhua) -- Foreign direct investment (FDI) into China rose for the 15th consecutive month in October, indicating China remains a favored investment destination for foreign businesses.Inbound FDI increased 7.86 percent year on year in October to 7.663 billion U.S. dollars, the Ministry of Commerce (MOC) said Tuesday.The October figure means inbound FDI for the first 10 months of the year totaled 82.003 billion U.S. dollars, a year-on-year increase of 15.71 percent.MOC spokesman Yao Jian said at a press conference China remains a hot spot for foreign investors.Foreign businesses have begun to shift their investments from export-orientated sectors to domestic market-orientated businesses because of China's improved legal system and its expanding market, he said.In the first 10 months of the year, the manufacturing sector received 47.59 percent of FDI inflows while the services industry got 45 percent.A total of 21,181 foreign-invested enterprises were approved for establishment during the 10-month period, up 16.62 percent from a year earlier.In September inbound FDI grew 6.14 percent year on year.The acceleration in the rate of inbound FDI growth was due to the U.S.'s second round of quantitative easing, some analysts explained.Yao denied the link but said the Chinese government is keeping an eye on liquidity.