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BEIJING, July 13 (Xinhua) -- China's top political advisor Jia Qinglin on Monday asked members of the National Committee of the Chinese People's Political Consultative Conference to contribute new ideas for the country's sustainable development. "Speeding up the shift of development mode and structure adjustment is in line with the promotion of the country's innovation capacity. It will also benefit the country's competitive power in economy and the strength to cope with risks," Jia said. Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference, addresses a consultative conference on sustainable development in Beijing, capital of China, on July 13, 2009 Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks during a consultative meeting held here on sustainable development. Jia urged political consultative organizations at all levels and their members to adjust their work in line with the central government's decisions and policies.
XIAMEN, May 16 (Xinhua) -- China's top political advisor Jia Qinglin met people of all circles from both sides of the Taiwan Straits attending the largest-yet unofficial cross-Straits forum Saturday afternoon. The week-long Straits Forum that kicked off on Saturday evening was attended by more than 8,000 Taiwan guests. It features 18 activities including a centerpiece conference, a trade fair, a cultural week, a tourism forum and a seminar on traditional Chinese medicine. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Chu Li-luan, vice chairman of the Chinese Kuomintang, in Xiamen, a coastal city in southeast China's Fujian Province, May 16, 2009Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, the top political advisory body, declared the opening of the forum at 8 p.m. Saturday. He said while receiving these guests in the afternoon that the forum, "a pageant for cross-Straits communication," had enjoyed the largest participation of people from all walks of life in Taiwan and had been the largest event of the kind. Jia Qinglin (3rd L), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with delegates from both sides of the Taiwan Straits to the Straits Forum in Xiamen, a coastal city in southeast China's Fujian Province, May 16, 2009Jia said holding such a forum was a pioneering work in promoting unofficial cross-Straits exchanges. Different from the cross-Straits economic, trade and cultural forum held by the Communist Party of China and Taiwan's ruling Kuomintang (KMT) Party which mainly discusses policy issues, the Straits Forum deals with exchanges among the people. He hopes the forum could be an important platform promoting cross-Straits exchanges and attract more Taiwan compatriots to attend. Chu Li-lun, the KMT Party vice chairman, said the forum met the demand of people from both sides and development of cross-Straits relations, and that it included varied economic, cultural and folk custom activities. The forum is co-hosted by Xiamen and three other cities in Fujian, Fuzhou, Quanzhou and Putian.

HONG KONG, June 30 (Xinhua) -- The renminbi deposits with authorized institutions in Hong Kong rose 0.8 percent in May to 53. 4 billion yuan (7.8 billion U.S. dollars), representing about 2 percent of the foreign currency deposits, the Hong Kong Monetary Authority said Tuesday. The total deposits rose 2 percent in the same month, with the HK dollar deposits rising 2.7 percent as the expansion in demand and savings deposits exceeded the contraction in time deposits. Foreign currency deposits climbed 1.4 percent. Seasonally-adjusted HK dollar M1, the narrowest measure of money supply in an economy, rose 9.6 percent in May and 26.8 percent from a year earlier. Unadjusted HK dollar M3, the broader measure, grew 2.5 percent in May and 8.1 percent year on year. Hong Kong, a southern Chinese special administrative region and free trade hub, has been trying to foster the development of RMB financial market recently with a pilot scheme using yuan for cross- border trade settlement and the issuing of yuan-denominatedbonds in Hong Kong by local and foreign banks operating in the mainland.
VIENNA, May 16 (Xinhua) -- Chinese top legislator Wu Bangguo and Austrian Acting Chancellor Josef Proll met here on Saturday, with both sides agreeing to expand bilateral trade and economic cooperation in the fight against the ongoing world financial crisis. Wu, chairman of the Standing Committee of China's National People's Congress (NPC), said China's development has provided even greater room for expanding economic and technological cooperation with Austria. Wu Bangguo (L Front), chairman of the Standing Committee of the National People's Congress, China's top legislature, meets with Austrian Acting Chancellor Josef Proll (R Front) in Vienna, capital of Austria, May 16, 2009Proll said the financial crisis had incurred a serious impact on Austria's economy. In the process of addressing the consequences of the financial crisis, the Austrian government places great importance on strengthening economic and technological relations with China. China witnessed an economic growth of 6.1 percent in the first quarter of this year, while Austria's economy contracted 2.8 percent in the same period. Noting that the two economies are highly complementary, Wu said China has a huge market and Austria has advanced technologies in many fields. He said China is ready to expand cooperation with Austria in such areas as energy efficiency, environment protection, water conservancy, eco-agriculture, auto parts and clean energy, so as to foster new growth spots of both economies. Proll said Austria will actively transfer advanced technology to China in a bid to expand cooperative areas and carry out large-scale projects. He said that the two countries should turn their economic complementarity into real fruits of cooperation, so as to help the Austrian economy to rally and bring benefits to the people of both countries. Wu said both sides should encourage their companies to seek new cooperative opportunities brought about by the governments' economic stimulus measures. Wu noted that the Chinese government's policy package to counter the impact of the financial crisis has achieved initial results. China is now focusing on restructuring the economy and changing the pattern of growth in a bid to attain sustainable growth. He said the governments of both countries should create favorable conditions for and facilitate the flow of travelers and cooperation between companies of the two countries. Proll said that he agreed with Wu. Wu also met on Saturday with Barbara Prammer, president of the Austrian National Council, or the lower chamber of the parliament. Wu Bangguo (L front), chairman of the Standing Committee of the National People's Congress, China's top legislature, meets with Austrian National Council President Barbara Prammer (R front) in Vienna, capital of Austria, May 15, 2009During his meeting with Prammer, Wu said Austria is an important cooperative partner of China in Europe. Prammer said Wu's visit reflects the closeness of relations between the two countries. Reviewing the regular contact between the governments, parliaments, political parties and local governments of the two countries, Wu said greater political trust, rapidly growing trade and increasing cultural exchanges helped enhance popular mandate to the expansion of bilateral relations. Prammer said as bilateral links and cooperation in various fields grow smoothly, more and more Austrian people are now willing to learn about China. She said the social basis and popular mandate for expanding Austria-China relations are growing, which will cast a bright future for bilateral cooperation. Wu expressed appreciation that the new government and newly-elected parliament of Austria have given priority to developing relations with China. In order to lift bilateral links to a new level, Wu suggested that the two sides should maintain the current momentum of high-level contact and further deepen political trust. Wu said the parliaments of the two countries should strengthen friendly relations by carrying out exchanges at all levels and in all forms. He welcomes more and more Austrian parliamentarians to visit China. The top Chinese lawmaker suggested that the two countries should further expand trade, investment and economic cooperation by utilizing their specific advantages. Under the circumstances of the spreading world financial crisis, it is of greater significance to strengthen such cooperation, he said. China welcomes Austrian companies to explore business opportunities in the country and participate in the 2010 Shanghai World Expo, said Wu. He also suggested that the two sides should enhance cooperation in such areas as culture, tourism, local governance and education. He said the two countries should also have even closer cooperation on international affairs. They should join hands to oppose any forms of trade protectionism and push for the establishment of a fair, just, inclusive and orderly financial system in the world. Wu said both countries can make contribution to maintaining stability of the international financial market and promoting recovery of the world economy. In response, Prammer said Austria places its relations with China on an important position in its foreign policy. She said Austria is ready to expand the flow of people traveling between the two countries so as to enhance mutual understanding and trust. She also expressed the willingness to further deepen bilateral links in such areas as local contact and cultural exchanges. She said the parliament of Austria will have closer cooperation with the NPC to promote the development of Austria-China relations. Wu is in Vienna for an official goodwill visit. He is the first NPC chairman to visit the country in 15 years.
BEIJING, June 12 (Xinhua) -- The Prime Minister of the Republic of Korea (ROK) Han Seung Soo described Friday the rapid growth of bilateral ties with China as "unprecedented". "We have witnessed over five million ROK and Chinese people visit each other's country and the two-way trade volume expand 26 times bigger during the 17 years since ROK and China forged a diplomatic relationship", Han said. Han made the remarks in an interview with Xinhua on the sideline of a spring conference of the Institute of International Finance in Beijing. He said being neighbors, cultural similarity and friendship between the two peoples offered a solid foundation for the two nations to foster ties. China and the ROK agreed to upgrade their "comprehensive and cooperative partnership" to "strategic cooperative partnership" in May, 2008 during the ROK president Lee Myung-bak's first visit to China. Prime Minister of the Republic of Korea (ROK) Han Seung-soo (R) receives interview by a journalist from Xinhua News Agency in Beijing, capital of China, June 12, 2009. "We can see profound changes take place in almost all the fields of bilateral cooperation since then, especially in trade and economy, culture, education and youth exchange," Han said. He also recalled President Lee's visit last May to Dujiangyan, a city in Sichuan Province severely damaged by an 8.0-magnitude quake. "The ROK people were so concerned and feel deep sympathy about those who lost theirs lives or families in the disaster," Han said. He told Xinhua that the schoolboy Wei Yuehao who was held in the arms by President Lee during his visit to the quake zone was invited last month to the Cheong Wa DAE, the ROK presidential office "as a commemoration". Han said the ROK was severely hit by the financial turmoil and the ROK government, in a bid for the economic recovery, has come up with policies to stimulate domestic demand, step up financial investment and expand employment opportunity, which had worked. Han said China was the biggest trade partner and exporting market to the ROK, and he expressed his appreciation for the measures that China adopted to curb the effects of the financial crisis, noting that it would be a "win-win" solution if the two nations could work together to tackle the crisis. The prime minister also called on the Democratic People's Republic of Korea (DPRK) to abandon its nuclear test scheme and return to the six-party talks to address the nuclear issue on the Korean peninsula at an early date. On May 25, the DPRK announced it has "successfully conducted one more underground nuclear test," which Pyongyang said has demonstrated its "defensive nuclear deterrent." After the test, it also fired some short-range missiles. "The status of a non-nuclear peninsula is not only a must for the peace and stability on the peninsula, but also for that of East Asia and the world," Han said, expressing his hope that China, which chairs the six-party talks, could continue to play its positive and constructive role. Launched in 2003, the six-party talks grouped China, DPRK, ROK, the United States, Russia and Japan. The talks have been stalled since the top negotiators last met in Beijing last December.
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