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VIENNA, May 19 (Xinhua) -- Visiting Chinese Minister of Commerce Chen Deming stressed here on Wednesday that China will continue to stick to the policy of opening up and protecting the legitimate rights and interests of foreign-invested enterprises (FIEs) in the country.Speaking at a joint press conference with Reinhold Mittelehner, the Austrian economic affairs minister, and Christoph Leitl, president of the Austrian Chamber of Commerce, Chen said the Chinese government will step up intellectual property protection, and that all foreign investment enterprises in China will be treated equally.He called on Austria's small and mid-sized businesses to invest in China, especially in western China where "there are better chances."China and Austria should amend their agreements on investment protection for better results, Chen said.In addition to cooperation in traditional industries such as machinery, auto parts and transportation infrastructure, China and Austria can also cooperate in clean energy and environmental protection, Chen said.Chen was leading a trade mission to Austria. The two countries signed over a dozen cooperation agreements in trade and economy.

BEIJING, June 5 (Xinhua) -- Chinese Vice Premier Li Keqiang has called for better protection of the environment in order to boost the transformation of the country's economic growth and to promote sustainable economic and social development.Li made the remarks when meeting with environmental advocates in Beijing prior to the World Environment Day on June 5.Environmental protection not only concerned the country's economic development, but was also crucial to improve people's living standards, the vice premier said.Chinese Vice Premier Li Keqiang (2nd L, Front) visits a photo exhibition on environmental protection in Beijing, China, June 4, 2010. Li Keqiang has called for better protection of the environment in order to boost the transformation of the country's economic growth and to promote sustainable economic and social development. Li added that China has made substantial progress in environmental protection in recent years, but admitted serious conflicts between environmental protection and economic and social development still exist.Li said environmental protection should become an important tool to accelerate transformation of China's economic growth and called upon the public to contribute to an energy-saving and environment-friendly society.

WASHINGTON, April 12 (Xinhua) -- Chinese President Hu Jintao said Monday that China would firmly stick to the path of reforming its currency exchange rate formation mechanism based on its own economic and social development needs.Hu said detailed measures for reform should be considered in the context of the world's economic situation, its development and changes, as well as China's economic conditions."RMB appreciation would neither balance Sino-U.S. trade nor solve the unemployment problem in the United States," Hu told U.S. President Barack Obama.Chinese President Hu Jintao (L) meets with U.S. President Barack Obama in Washington April 12, 2010. President Hu Jintao arrived in Washington on Monday to attend the Nuclear Security Summit slated for April 12-13.The Chinese leader said his country does not intend to pursue a trade surplus over the United States.China would like to take additional measures to increase imports from the United States, Hu said, urging the United States to loosen its export control over high-tech products so that exports to China could be increased.He expressed the hope that trade frictions between the two countries can be solved through negotiations so that Sino-U.S. economic and trade cooperation can be maintained.President Hu also said the advancement of Sino-U.S. economic and trade ties, an important part of the two countries' relations, would benefit not only China, but also the United States, as well as the world's economic development.

BEIJING, May 4 (Xinhua) -- Chinese equities dropped to a seven-month low Tuesday, after the central bank said Sunday it would raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year.The benchmark Shanghai Composite Index lost 1.23 percent to close at 2,835.28 points.The Shenzhen Component Index fell 1.81 percent to 10,960.77 points.Total turnover shrank to 141.55 billion yuan (20.7 billion U.S. dollars) from 191.91 billion yuan on the previous trading day.Losers outnumbered gainers by 533 to 347 in Shanghai and 488 to 429 in Shenzhen.

CANBERRA, May 15 (Xinhua) -- Visiting General Guo Boxiong, vice-chairman of China's Central Military Commission, and Australian Minister for Defense John Faulkner have vowed to strengthen exchanges between the armed forces of China and Australia.China and Australia shared common interests and desire in ensuring the peace, stability and development of the Asia-Pacific region, said a joint statement released by Guo and Faulkner Friday.The two sides hailed the development of their military-to-military relationship in recent years and said positive outcomes had been achieved through senior visits and exchanges in education, training and technical areas.Both sides agreed that strengthening open dialogue on defense and security issues between Australia and China was conducive to promoting bilateral relations.The statement said China and Australia were both pleased with the outcomes of the current visit and the opportunity it provided to further strengthen bilateral ties and military exchanges.The Sino-Australia defense relationship was an important part of bilateral ties and both sides would work concertedly to sustain sound and stable development in this regard, it said.Both countries should respect and take into full consideration each other's core interests and major concerns, and develop ties on the basis of mutual respect, equality and mutual benefit, the statement said. It said the two sides had also agreed to carry out more top-level visits to further promote mutual trust and discuss ways to boost the transparency of defence policies.Both sides said maritime security was crucial in keeping maritime trade routes open, and agreed to organize a joint maritime exercises with naval ship visits in the future and to continue exchanges on humanitarian assistance and disaster relief.The two countries agreed to enhance exchanges between the two armies and to push ahead exchanges of mid-level and junior officers in such areas as information sharing, peace-keeping, medical treatment and sports.Guo arrived in Australia on Tuesday for a four-day official goodwill visit at the invitation of Faulkner. He has already met with Australian Prime Minister Kevin Rudd and Foreign Minister Stephen Smith.