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BEIJING, March 30 (Xinhua) -- Chinese auto maker Zhejiang Geely Holding Group is ready to inject 900 million U.S. dollars operating capital into Volvo on top of the 1.8 billion U.S. dollars purchase price, Geely chairman Li Shufu said Tuesday."We should not only inject money into Volvo, but also endeavor to improve Volvo's profit-making capability," Li said at a press conference to discuss the Volvo takeover.The Zhejiang-based Geely signed a deal with Ford Motor Co. Sunday in Sweden to acquire the U.S. auto giant's Volvo car unit.The photo taken on March 23, 2010 shows Volvo assembly plant in the suburbs of western Belgian city of Gent. China's Zhejiang Geely Holding Group signed a deal worth 1.8 billion U.S. dollars with Ford Motor Co. in Goteborg of Sweden on March 28, 2010 to acquire the U.S. auto giant's Volvo car unit"Geely is Geely, while Volvo is Volvo. Geely will not produce Volvo, and Volvo will not produce Geely," said Li, also the founder of the firm, adding that Volvo would keep its unique characteristics after the takeover.Li said Volvo's biggest problem was its small production scale and high research and development expenses, adding Volvo should try to increase production and sales to cut costs.

BEIJING, April 23 (Xinhua) -- The Chinese government is "trying its best" to look for families for orphans in the Qinghai quake zone while trying to give them special care, according to the Ministry of Civil Affairs."Among all people in the quake-hit areas, children whose parents were killed during the quake are in the most difficult situation and need special care," said an unnamed official with the ministry Friday.Government organizations and social groups would work together to care for the orphans.The ministry said it would seek adoptions for all orphans in the quake zone as soon as possible, and would "fully respect" the children's preferences and the traditions and habits of ethnic children.Six children were reportedly injured in the quake when a four-story orphan school collapsed. A total of 220 students are living in tents.The total number of orphans in the quake zone is not available.According to the ministry, social welfare organizations in Xining, capital of northwest China's Qinghai Province, have set aside more than 300 beds for orphans and children whose parents or other family members have not been contactable since a 7.1-magnitude quake hit Yushu, Qinghai, on April 14.The ministry also planned to mobilize help from other regions if Qinghai had difficulty settling the orphans.Previous reports said SOS Children's Villages in Chengdu, Urumqi, Beijing and Tianjin would contact with the civil affairs department in Yushu and prepare for the arrival of orphans.The central government and Qinghai authorities would jointly provide each orphan with a monthly financial support of 1,000 yuan (146 U.S. dollars) for three months from April.In addition, figures from the ministry show that a total of 56,000 tents had reached the quake zone as of Friday evening, along with 117,000 coats and 208,000 quilts among other daily necessities and relief materials.The quake in Tibetan Autonomous Prefecture of Yushu has left 2,187 people dead and 80 missing. Among the 12,135 injured, 1,434 were in serious condition.

BEIJING, May 23 (Xinhua) -- Chinese Vice Premier Wang Qishan Sunday met with U.S. Federal Reserve Chairman Ben Bernanke, who was in Beijing for the second round of the China-U.S. Strategic and Economic Dialogue (S&ED).They exchanged views on issues including global economy and finance, and the reform on financial supervision system.Wang and State Councilor Dai Bingguo, as Chinese President Hu Jintao's special representatives, will co-chair the dialogue on May 24-25 with U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner, who are President Barack Obama's special representatives.   Chinese Vice Premier Wang Qishan (R) meets with U.S. Federal Reserve Chairman Ben Bernanke in Beijing, capital of China, May 23, 2010.

TOKYO, May 31 (Xinhua) -- Visiting Chinese Premier Wen Jiabao called on Japanese entrepreneurs Monday to make further contributions to the cooperation between the two countries.Addressing a welcome luncheon given in his honor by the Japanese Business Federation, the Chinese premier briefed the participants on what the Chinese government has achieved in tackling the global financial turmoil, as well as China's current economic situation and its major tasks.Wen said great progress has been made in bilateral economic and trade relations since the normalization of diplomatic ties between the two countries in 1972. China and Japan have become a major trade partner to each other, bringing their economic ties increasingly closer and paving the way for a greater future for cooperation.Chinese Premier Wen Jiabao addresses the welcome luncheon held by Japanese business group in Tokyo, capital of Japan, May 31, 2010.Responding to questions from Japanese entrepreneurs, the Chinese premier expressed his hope that the two countries would always keep in mind the long-term development of the bilateral ties, continue to draw on each other's strength, broaden cooperation in energy conservation, environmental protection, circular economy so as to achieve a win-win result.Premier Wen noted that the Japanese business community has all along been committed to promoting the friendly cooperation between the two countries, serving as a major force to boost the bilateral ties and a key link between the two peoples. It is his hope that Japanese entrepreneurs will further contribute to economic and trade cooperation between the two countries.Hiromasa Yonekura, president of the Japanese Business Federation, said Japanese entrepreneurs have confidence in China's future development and are ready to blaze new trails in pushing forward the bilateral economic and trade cooperation.Premier Wen arrived here on Sunday for a three-day official visit. Japan is the second leg of his four-nation Asian tour, which has taken him to South Korea. He will also visit Mongolia and Myanmar.

BEIJING, May 7 (Xinhua) -- Hu Jintao, general secretary of the Central Committee of the Communist Party of China (CPC) and Chinese president, held talks in Beijing with Kim Jong Il, general secretary of the Workers' Party of Korea (WPK) and chairman of the National Defense Commission of the Democratic People's Republic of Korea (DPRK).Kim paid an unofficial visit to China from May 3 to 7 as Hu's guest.During their talks, Hu expressed warm welcome to Kim on behalf of the CPC, Chinese government and people.Hu also expressed gratitude for the condolence from the DPRK to earthquake-hit Yushu in northwest China, as well as the DPRK's active participation in the World Expo in Shanghai.During Kim's stay in Beijing, Hu hosted a welcoming banquet in honor of Kim and accompanied Kim in a visit to a biological company.Hu Jintao (R), general secretary of the Central Committee of the Communist Party of China and Chinese president, meets with Kim Jong Il, general secretary of the Workers' Party of Korea and chairman of the National Defense Commission of the Democratic People's Republic of Korea (DPRK), at the Great Hall of the People in Beijing, capital of China, May 5, 2010.Wu Bangguo, member of the Political Bureau Standing Committee of the CPC Central Committee and chairman of the Standing Committee of the National People's Congress, and Wen Jiabao, member of the Political Bureau Standing Committee of the CPC Central Committee and Chinese premier, met with Kim respectively.Other members of the Political Bureau Standing Committee of the CPC Central Committee Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, respectively accompanied Kim for the visiting tour.Hu said the traditional friendship between China and the DPRK is the common treasures of the two governments, parties and peoples, and it is the historical responsibility of the two sides to push forward their friendship with the progress of the times and from generation to generation.He said in recent years, Sino-DPRK relations have made continuous achievements, and last year in particular, the two countries celebrated the 60th anniversary of Sino-DPRK diplomatic ties and successfully held the Year of Friendship, and the political contacts and cooperation in all areas have been fruitful.Strengthening Sino-DPRK friendly and cooperative relations is the consistent policy of the Chinese party and government, he said.Hu said China always handles, maintains and pushes forward the relations with the DPRK in a strategic and long-term perspective, and will make joint efforts with the DPRK to upgrade the relationship to benefit the two peoples and to contribute to lasting regional peace and common prosperity.Hu said boosting Sino-DPRK cooperation helps the two countries promote their own socialist construction, and safeguard and develop the common interests as well as regional peace, stability and prosperity.