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TOKYO, Sept. 16 (Xinhua) -- The Fourth Beijing-Tokyo Forum began its plenary meeting Tuesday in Tokyo. Personages and prominent figures from various circles of the two nations had in-depth exchanges of views on bilateral relations and were of the same opinion that promoting two-way exchanges and mutual trust will be conducive to the advancement of bilateral ties. At the start of the plenary meeting, Japanese Foreign Minister Masahiko Komura and Chinese Ambassador to Japan Cui Tiankai, on behalf of their respective governments, advocated joint efforts Tuesday to push forward the Japan-China relations and conveyed good wishes for their further advance. Wang Chen, head of the State Council Information Office of China, addresses the opening banquet of the 4th Beijing-Tokyo Forum in Tokyo, Japan, Sept. 15, 2008. The annual forum kicked off on Monday.Komura said that the Japanese government attaches great importance to its ties with China and it is his conviction that this general trend will not be reversed. The two nations have made joint efforts to push forward bilateral ties as well as address regional and international issues in recent years, said Komura, adding that under the guiding principle of the Japan-China strategic and mutually beneficial relations, the two nations have witnessed advances and improvements in their ties. Cui, for his part, said that national interests of the two countries entail both friendly relations and mutually beneficial cooperation. And the stable, sound and long-term development of China-Japan relations serves as an important factor in maintaining both nations' prosperity and stability in the volatile international environments. Japanese Internal Affairs Minister Hiroya Masuda addresses the opening banquet of the 4th Beijing-Tokyo Forum in Tokyo, Japan, Sept. 15, 2008In his keynote speech at the meeting, Wang Chen, director of the State Council Information Office of China, hailed the China-Japan cooperation as a fine example for countries with different social systems. He said that there are important bases and favorable environments for the long-term development of bilateral friendly relations. For China-Japan friendship, geographical proximity is the natural link, political mutual trust serves as an important basis, mutually beneficial cooperation the economic basis and long-term people-to-people exchanges the important bridge, said Wang. This year marks the 30th anniversary of the launch of China's reform and opening-up, he said, adding that China has made world-acknowledged outstanding achievements in its development in the past 30 years. Wang said that China's development, characterized by its peace, openness, cooperation and harmony, offers a brighter prospect for the development of both nations. The current world is undergoing profound changes, he said. And China is willing to work with Japan to actively participate in international cooperation in various areas, jointly promote world peace and achieve common development of the human race. The two sides need to deepen mutual understanding in a bid to continuously promote the sound development of bilateral ties, said Wang, expressing his belief that with goodwill as well as cooperative attitude aimed at win-win results and sincerity for frank exchanges of views, the friendly relations between the two nations are sure to be continuously cemented. Representatives from political circles as well as friendship bodies, including Zhao Qizheng, chairman of the foreign affairs committee of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), Chen Haosu, head of the Chinese People's Association of Friendship with Foreign Countries, Li Zhaoxing, chairman of the foreign affairs committee of China's National People's Congress (NPC), Yusuhisa Shiozaki, Japan's former chief cabinet secretary, Koichi Kato, chairman of Japan-China Friendship Association, also participated in the discussion of the general situation of China-Japan relations. Later in the day, the forum had panel dialogues in terms of their respective subjects on such issues as politics, region, media, economy, security, environment and food. Having had frank and in-depth exchanges of views on the relevant issues, representatives of both sides were of the same mind on some issues though remained divided on some others. Most of the participants, however, agreed that the face-to-face exchange of views should be promoted as it helps deepen mutual understanding of the two nations. The Fourth Beijing-Tokyo Forum opened with a dinner party late Monday. In their speeches at the party, Hiroya Masuda, Japanese Minister of Internal Affairs and Communications, and Wang Chen lauded the role the forum has played in the development of bilateral ties and wished it a success. Present at the three-day forum are more than 100 personages from various circles of both countries. The annual forum, co-sponsored by China Daily and the non-profit Japanese organization Genron NPO, is held alternately in Beijing and Tokyo. The first Tokyo-Beijing Forum took place in Beijing in August 2005.
BEIJING, Aug. 30 (Xinhua) -- The country's top 500 giants are narrowing gap with foreign counterparts, but they still lag behind, the China Enterprise Confederation announced in its release of the 2008 Top 500 Chinese enterprises list on Saturday. According to the report, the total revenue of the top 500 Chinese enterprises reached 2.99 trillion U.S. dollars (1 dollar=7.3046 yuan, calculated under the exchange rate in 2007), profits 188.4 billion U.S. dollars and assets 8.17 trillion U.S. dollars.Revenues were equivalent to 12.67 percent of the global top 500, profits equaled 11.85 percent and assets 7.79 percent, compared with 10.7 percent, 6.5 percent and 7.8 percent respectively last year. Analysts said the growing proportion of revenue and profits indicated that Chinese companies had become more competitive and profitable. Confederation deputy president Li Jianming said the country's growing economy had benefited these enterprises in spite of price hikes for oil and other materials. He also said private enterprises had grown more robust and capable of taking in advanced technology and management from world giants. They accounted for about a fifth of the country's top 500 enterprises. In addition, their rising investment in research and development and their emphasis on exploring the domestic market increased competition. The growth rate of net profits of the country's top 500 was 19 times faster than that of the world's top500. However, another confederation deputy president Wang Jiming said Chinese enterprises still fell behind in innovation, investment in research and development, and the ability to operate internationally. It would take a long time to catch up. Only 39 enterprises reported overseas sales income of more than 30 percent of the total revenue. Research and development spending accounted for only 1.32 percent of their total revenue, compared with the international average of 3 percent to 5 percent. Poor supply chain management also lagged behind. Logistics coststill accounted for much of the total output, twice that of the world average. Haier and Huawei were among the few enterprises that paid adequate attention to supply chain management. Sinopec Corp, Asia's top oil refiner, retained top spot for the fourth straight year on the Top 500 Chinese Enterprises list with its business revenue exceeding 1.2 trillion yuan, (175.2 billion U.S. dollars), the China Enterprise Confederation (CEC) said on Saturday. The oil giant was followed by the State Grid and PetroChina Company. The top 500 companies paid taxes of 1.74 trillion yuan, accounting for 35.2 percent of the national tax revenue. Baosteel Group Co. and China FAW Corporation and Hongfujin Precision Industry (Shenzhen) Co. held the top three positions in manufacturing sector. The State Grid Corp. of China, the Industrial and Commercial Bank of China and China Mobile ranked the top three in the service sector.
BEIJING, June 6 -- Shareholders of China Vanke Co, the country's largest publicly traded property developer, have approved a decision to spend 100 million yuan to rebuild homes in quake-stricken Sichuan. The company has been under fire from netizens since the earthquake after Wang Shi, its high-profile chairman, announced the real estate giant would donate 2 million yuan to the quake-hit areas and told his employees not to donate more than 10 yuan. In the face of the ensuing barrage of criticism by the media and netizens, Wang apologized on his blog. At yesterday's meeting, he apologized to shareholders as well: "I want to apologize unconditionally to all shareholders, I won't try to defend myself." Wang also admitted his comments about quake donations have damaged Vanke's brand image and he was sorry for that. As a lesson from this episode, Wang said, Vanke would have a spokesperson in the future and try to desist from doing anything that hits its share prices, as it did this time. Workers rebuild a road between quake-hit Dujiangyan city and Wenchuan county."If Vanke's performance suffers because of my personal comments, I will resign immediately," said Wang. Some shareholders, however, worry the apology may have come too late. "As a public figure, he should learn from this experience," said a shareholder who preferred not to be named. Analysts said the meeting and Wang's apology will take some pressure off Vanke. "It is not easy for a public figure like Wang Shi to apologize - either in public or in front of shareholders," said Zhang Luan, an analyst from Haitong Securities. Zhang said the decision of the shareholders to clear the funding also reflects the company's determination to contribute to the relief work in a big way. Vanke's investments in Sichuan will be made over the next three to five years, Vanke had said in a previous statement to the Shenzhen Stock Exchange. The May 12 earthquake in Sichuan province destroyed 5.4 million homes and damaged 21.4 million, according to the Ministry of Civil Affairs. More than 12 million people left homeless by the earthquake will have to be relocated. "Vanke may build anti-quake homes there to broaden its property development," Bloomberg quoted Liu Xihui, a real estate analyst at Pingan Securities Co, as saying. "More developers may follow suit." Vanke rose 4.7 percent to 20.5 yuan in Shenzhen trading on Wednesday. The stock has dropped 29 percent this year after almost tripling in 2007. Trading was suspended yesterday because of the meeting.
BEIJING, Sept. 2 (Xinhua) -- Top Chinese political advisor Jia Qinglin is urging to cultivate more farmers who not only plant but also know the ABCs of technology and management, since the country is seeking new ways to promote rural development. "We should foster many more 'new-style' farmers who are educated and who know techniques and the basics of sales and management," said Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, adding that rural areas should use urban development as a catalyst. Jia Qinglin, (2nd R), chairman of the Chinese People's Political Consultative Conference (CPPCC), speaks at a CPPCC National Committee meeting on balancing urban and rural development in Beijing, capital of China, Sept. 2, 2008. Jia made the remarks at a CPPCC National Committee meeting on balancing urban and rural development held here on Tuesday. "It is a historical task to balance urban and rural development and promote the integration of urban-rural economic society. It is also a complicated, long-term task." Jia urged that improvement in major areas such as the residence registration system, the rural financial system, employment and land use be given priority. Jia, member of the Standing Committee of the Communist Party of China Central Committee Political Bureau, said goals such as lifting rural incomes and promoting agriculture efficiency should be incorporated into the overall plan of the country's economic development.
BEIJING, Aug. 15 (Xinhua) -- Chinese Vice Premier Li Keqiang met here Friday with Thai Deputy Prime Minister Sanan Kachornprasart, vowing to deepen strategic cooperation between the two nations. China and Thailand are good neighbors with comprehensive common interests, Li said, noting that the two nations enjoy high-level political mutual trust, increasing cooperation in various fields and close coordination in international and regional affairs. Expressing appreciation for Thailand to value the relations with China, Li said China regards Thailand as close friend and creditable partner, and is ready to work with Thailand to achieve win-win development and to benefit the two peoples. Chinese Vice Premier Li Keqiang meets with Thai Deputy Prime Minister Sanan Kachornprasart at Great Hall of the People in Beijing, Aug. 15, 2008 Sanan spoke highly of the present situation of Thailand-China relations, saying that Thailand will make efforts to push forward the relations with China. Sanan was here on a visit to China for the Beijing Olympic Games.