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BEIJING, Jan. 9 (Xinhua) -- Chinese Foreign Minister Yang Jiechi and his Iranian counterpart Manouchehr Mottaki exchanged views over the phone Friday on promoting further development of bilateral relations in 2009 and international and regional issues of common concern.     On the situation in the Gaza Strip, Yang said China is seriously concerned and deeply worried about the grave humanitarian crisis caused by the escalation of the Palestinian-Israeli conflict.     China has made unremitting efforts to promote adoption by the United Nations Security Council of a relevant resolution on Gaza, Yang said.     He said China welcomes and supports U.N. Security Council Resolution 1860 and urges all the parties concerned to fully honor the resolution, cease fire immediately, ensure smooth operation of humanitarian assistance and promote an early relaxation of the humanitarian crisis taking place in Gaza.     China has always proposed that the issue of Palestine be resolved through political negotiation on the basis of related U.N. resolutions, the "Land for Peace" principle and the Arab Peace Initiative, he added.

BEIJING, Jan. 19 -- Air China Ltd, the nation's largest international carrier, expects to report its first annual loss in at least eight years on waning travel demand and wrong-way bets on fuel prices.     The carrier made paper losses of 6.8 billion yuan (994.5 million U.S. dollars) on fuel-hedging in 2008, it said on Friday in a Hong Kong stock exchange statement. The airline made a 3.88-billion-yuan annual profit in 2007.     Air China joins China Southern Airlines Co and China Eastern Airlines Corp in forecasting a 2008 loss after the nation's cooling economy damped business and leisure travel. The Beijing-based carrier also reported hedging losses after jet-fuel prices tumbled 70 percent in less than six months.     "Air China is more exposed to the global crisis" than China Southern and China Eastern, said Li Jun, an Everbright Securities Co analyst in Shanghai. "As such, most of its advantages turned into disadvantages last year."     The carrier has been profitable since at least 2000, data complied by Bloomberg News showed, helped by having a wider overseas network than domestic rivals.     "The aviation market experienced a general shrinking demand in 2008 and traffic revenue was significantly lower than expected," the Beijing-based company said in the statement. The hedging contracts "will have a considerable effect on the financial results for the year."     The airline is also able to hedge a greater proportion of its fuel needs than rivals, as Chinese carriers are barred from hedging purchases of fuels for domestic flights. That has previously enabled Air China to limit the effect of increasing fuel prices.     The airline's passenger numbers fell 1.7 percent in 2008 to 34.2 million, the first decline in five years. Its cargo and mail volume dropped 3.8 percent to 898,962 tons.     The shares have dived 80 percent in the past year and closed 3.9 percent higher at 1.88 Hong Kong dollars (24 U.S. cents) a share on Friday in Hong Kong trading.

Palestinian National Authority(PNA) President Mahmoud Abbas (R) meets with Liu Yunshan, member of the Communist Party of China (CPC) Central Committee Political Bureau and head of the CPC Central Committee Publicity Department, in the West Bank city of Ramallah, Dec. 3, 2008.     RAMALLAH, Dec. 3 (Xinhua) -- A visiting senior official of the Communist Party of China (CPC) said here on Wednesday that China hopes for joint efforts to push forward the Middle East peace process.     Liu Yunshan, member of the Political Bureau of the CPC Central Committee and head of the Publicity Department of the CPC Central Committee, made the remarks during meetings with Palestinian National Authority (PNA) President Mahmoud Abbas and Prime Minister Salam Fayyad in the West Bank city.     Liu highlighted China's hope for realizing a comprehensive, just and everlasting peace in the Middle East at an early date, based on related UN resolutions and the "Land for Peace" principle.     Liu, who leads a CPC delegation, conveyed cordial greetings from CPC and Chinese leaders to Abbas and Fayyad, saying that relations between the two sides would witness greater development in the future.     Abbas expressed appreciation of the positive development of the solid ties between the Palestinians and China, expressing gratitude to China over its support for the Palestinian cause. Palestinian Prime Minister Salam Fayyad (R) meets with Liu Yunshan, member of the Communist Party of China (CPC) Central Committee Political Bureau and head of the CPC Central Committee Publicity Department, in the West Bank city of Ramallah, Dec. 3, 2008.     Citing China's success in hosting the Olympic Games and launching the Shenzhou VII manned space flight, Abbas said the Palestinian people are proud of the remarkable achievements of the friendly nation.     The Palestinian side is willing to strengthen communication and exchange with the Chinese government and the CPC in order to further develop bilateral relations in a comprehensive way, said Abbas.     Meanwhile, Fayyad said the Palestinian people cherish the enduring friendship with China and are willing to enhance mutual beneficial cooperation in all aspects, including politics, economy, culture and education.     Before the meetings, Liu laid a wreath at the grave of late Palestinian leader Yasser Arafat, which is located in the compound of the Palestinian president's office in Ramallah.     During his one-day trip in Ramallah, Liu, along with Abbas, also presided the signing ceremony for an economic and technical cooperation agreement between China and the Palestinians.     The Palestinian territories is the last leg of Liu's good-will visit to the region, which has taken him to Iran, Bahrain, Egypt and Israel.

ATHENS, Nov. 24 (Xinhua) -- Chinese President Hu Jintao flew into Athens Monday for a state visit to Greece, which he said would be successful with the joint efforts by the Chinese side and the Greek side.     "In recent years, the China-Greece comprehensive strategic partnership has been consolidated continuously with increased exchanges and expanded cooperation in all sectors," said President Hu in a written speech issued upon his arrival at the airport.     He said that China attaches great importance to the development of its relations with Greece and will work together with the Greek side for the even better ties in the future. Chinese President Hu Jintao (R, front) is welcomed by Greek Prime Minister Costas Karamanlis upon his arrival in Athens, capital of Greece, on Nov. 24, 2008. Hu Jintao arrived in Athens Monday for a state visit.     The Chinese leader said that he is looking forward to in-depth exchange of views with Greek leaders on bilateral ties and other important issues.     "With the joint efforts of both sides, I believe, my current visit would be successful and would further boost the China-Greece comprehensive strategic partnership" he added.     Since China and Greece established diplomatic ties 36 years ago, bilateral relations have developed smoothly. In January 2006, the two countries agreed to forge a comprehensive strategic partnership.     Since then, the Sino-Greek relationship has entered a new development stage. The two countries have maintained frequent high-level exchanges, deepened mutual political trust, expanded economic and trade cooperation. In 2007, the bilateral two-way trade was recorded at 3.4 billion U.S. dollars, and in the first seven months of this year it reached 2.4 billion dollars.     In June this year, Greek President Karolos Papoulias visited China and had talks with President Hu. The two sides reached broad consensus on further expanding exchanges and cooperation in all areas and deepening China-Greece comprehensive strategic partnership.     President Hu, who arrived in Athens from the Peruvian capital of Lima, is on the last leg of a five-nation trip.     He has already attended the G20 summit on financial markets and the world economy in Washington and the Economic Leaders' Informal Meeting of the Asia-Pacific Economic Cooperation (APEC) forum in Lima, and paid state visits to Costa Rica, Cuba and Peru. Chinese President Hu Jintao and his wife Liu Yongqing arrive in Athens, capital of Greece, on Nov. 24, 2008. Hu Jintao arrived in Athens Monday for a state visit.

BEIJING, Oct. 20 (Xinhua) -- China's top economic planning agency on Monday said it would raise the minimum purchasing price for wheat by as much as 15.3 percent starting next year.     The move by the National Development and Reform Commission (NDRC) aims to boost rural income and grain output. The country, with a population of more than 1.3 billion, relies mainly on domestic production for food.     By hiking grain purchasing prices the NDRC hopes to motivate farmers to increase agricultural production.     The government's minimum purchasing price for white wheat next year will be 0.87 yuan (12.7 U.S. cents) per 500 grams, 13 percent higher than prices in 2008. In addition, prices for red and mixed wheat will be 0.83 yuan per 500 grams, up 15.3 percent.     The agency also pledged to further increase subsidies for agricultural production materials, machinery and crop seeds.     It will also increase commercial reserves of fertilizer to help ensure market supply and price stability.     The NDRC would like to expand China's grain production capacity by 50 million tons.     On Oct. 11, China's Ministry of Agriculture predicted an increase in grain output for the fifth consecutive year.     According to estimates from the State Grain Information Center, this year's grain output should reach 511.5 million tons, up 10 million tons from 2007.     The central government allocated 102.86 billion yuan (15.1 billion U.S. dollars) in agriculture subsidies this year, doubling the money from 2007.     The NDRC also plans to raise the minimum purchasing price for rice next year, although it did not give further details.