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SINGAPORE, Nov. 14 (Xinhua) -- Chinese President Hu Jintao and other leaders of the Asia-Pacific Economic Cooperation (APEC) member economies met Saturday to explore ways of countering the international financial crisis and reviving the world economy. During the two-day meeting, the APEC leaders were to focus on the financial crisis, climate change, protectionism, supporting a multilateral trading platform, and advancing regional economic integration. APEC leaders exchanged views on "connecting the region" during the opening session. Chinese President Hu Jintao attends the 17th Asia-Pacific Economic Cooperation (APEC) Economic Leaders Meeting in Singapore, Nov. 14, 2009 Chinese President Hu Jintao expounded on China's position concerning multilateral trading. Hu said in his remarks that safeguarding a stable multilateral trading mechanism and advancing the Doha Round negotiations would help promote the openness of international trade, curb protectionism and revive the world economy. Chinese President Hu Jintao (2nd L) shakes hands with Malaysian Prime Minister Najib Tun Razak during the Asia-Pacific Economic Cooperation (APEC) Leaders' luncheon on Nov. 14, 2009 in Singapore. Such moves are of vital importance to all members, particularly the developing members, in countering the financial crisis, and conform to the common interests of all relevant parties, Hu said. "We must be committed to our promises, strongly oppose trade protectionism in all its manifestations, be vigilant against and correct the 'invisible' protectionism acts in various forms, reduce and eliminate trade barriers, and solve trade disputes through dialogue and coordination, thus creating favorable conditions of the full recovery and long-term development of world economy," Hu said. The Chinese president said China strongly supports trade and investment liberalization and facilitation and is committed to establishing a fair, open, equitable and non-discriminatory multilateral trading mechanism. "China is ready to work with other members to play a constructive role and advance the Doha Round negotiations, on the basis of locking in the existing achievements and respecting the Doha mandate," he said. "We are ready to speed up the settlement of the remaining issues and work for early comprehensive and balanced outcomes in the negotiations at an early date in order to achieve the goals of the development round," Hu said. The Chinese president also made a three-point proposal to APEC for improving its cooperation efficiency: -- To continue to promote trade and investment liberalization and facilitation, focusing on its own characteristics: "Through meeting the Bogor Goals on schedule next year by the APEC developed members, the APEC will demonstrate its determination to advance trade and investment liberalization, and oppose trade protectionism," Hu said. Such a move is of great significance to increasing confidence, expanding regional trade and pushing forward regional economic integration, Hu added. China supports APEC in "meeting the Bogor Goals on schedule by its developed members" as its priority working agenda, and to advance it steadily, Hu said. -- To increase input and advance economic and technological cooperation for more fruitful results: Hu announced that China will allocate 10 million U.S. dollars to establish an APEC cooperation fund in China, to encourage and support relevant agencies and enterprises to participate in APEC economic and technological cooperation. -- To reform and make innovations to inject new vitality to the APEC mechanism: APEC should adapt itself to new situations, meet the challenges, and steadily advance its reform and structural construction, the Chinese president said. Following the first-day session of the APEC Economic Leaders Meeting, the Chinese president, together with other leaders of the APEC member economies, met with representatives of the APEC Business Advisory Council. They exchanged views on opposing protectionism, promoting investment facilitation, climate change negotiations and advancing regional economic integration. The two-day Economic Leaders Meeting is the culmination of this year's annual APEC meetings, which also include the ministerial meeting, senior officials' meeting and a business summit. According to Chinese officials accompanying Hu, the Chinese president was to elaborate on China's stance on the battle against the financial crisis and the global economic recovery, China's position on the challenges posed by climate change, food and energy security, and China's views on APEC's future development. Since APEC's inception in 1989, APEC's total trade has grown 395 percent, significantly outpacing the rest of the world. During the same period, the GDP (in purchasing power parity terms) in the APEC region has tripled, while the GDP in the rest of the world has only less than doubled. APEC's 21 member economies are Australia, Brunei, Canada, Chile, China, China's Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Chinese Taipei, Thailand, the United States and Vietnam.
MALE, Maldives, Jan. 5 (Xinhua) -- Maldivian President Mohamed Nasheed and the visiting Chinese Foreign Minister Yang Jiechi on Tuesday pledged to work closely on climate change and other global issues. Nasheed said his country appreciated the important and active role played by China in the Copenhagen Climate Change Conference held last month. Maldivian President Mohamed Nasheed (R) meets with visiting Chinese Foreign Minister Yang Jiechi in Male, capital of Maldives, Jan. 5, 2009He said the Maldives is looking forward to strengthening its cooperation with China in dealing with global issues including climate change. Nasheed said his country respects China's sovereignty and core interests, adding that the Maldives will not do anything that might hurt China's core interests and the two countries' relationship. Yang said China will continue to work closely with the Maldives on climate change and other issues, promoting the interests of developing countries including those of Small Island Developing States. Maldivian Foreign Minister Ahmed Shaheed (L) meets with visiting Chinese Foreign Minister Yang Jiechi in Male, capital of Maldives, Jan. 5, 2009The two leaders said they were satisfied with the good relationship between the two countries and pledged to promote the cooperation in the areas of economy, trade, tourism and fishing. Yang also held talks with Maldivian Foreign Minister Ahmed Shaheed in the visit. Yang arrived here Tuesday afternoon on his way of paying official visits to five African nations and Saudi Arabia. He is expected to leave Maldives Wednesday morning to continue his tour.
ASHGABAT, Dec. 13 (Xinhua) -- Chinese President Hu Jintao met here on Sunday with Uzbek President Islam Karimov to exchange views on bilateral relations and other issues of common concern, and both leaders agreed to push forward bilateral ties. Hu is in Ashgabat, capital of Turkmenistan, for a working visit at the invitation of Turkmen President Gurbanguly Berdymukhamedov. As guests of Berdymukhamedov, Hu, Karimov and Kazakh President Nursultan Nazarbayev will attend a ceremony to inaugurate the China-Central Asia natural gas pipeline on Monday. Visiting Chinese President Hu Jintao (R) meets with Uzbek President Islam Karimov in Ashgabat, capital of Turkmenistan, on Dec. 13, 2009 In the meeting with his Uzbek counterpart, Hu said the relationship between China and Uzbekistan has been developing consistently and stably in an all-round manner. High-level contacts are frequent, political trust has been intensified and cooperative projects in many fields have yielded remarkable results. Both nations have been mutually supportive on issues concerning each other's core interests, and both have sustained communication and collaboration in international and regional affairs, Hu said. China has always attached great importance to developing its ties with Uzbekistan, which is seen as an important partner in central Asia, Hu said, and it is China's firm policy to safeguard and develop its relations with Uzbekistan. China is willing to work with Uzbekistan to further high-level exchanges, deepen practical cooperation, and ensure the sound and stable development of the friendly cooperative partnership, Hu said. On the gas transportation project, Hu said the Chinese side is ready to work together with Uzbekistan and to ensure a safe and smooth operation of the pipeline, and implement the agreements concerning the expansion of bilateral cooperation in gas and petrol fields. The 1,833-km China-Central Asia gas pipeline starts from the border between Turkmenistan and Uzbekistan, and runs through Uzbekistan and Kazakhstan before reaching northwest China's Xinjiang region. Visiting Chinese President Hu Jintao meets with Uzbek President Islam Karimov in Ashgabat, capital of Turkmenistan, on Dec. 13, 2009Hu also proposed that the two countries deepen cooperation in developing mineral resources and carry out the relevant documents signed by the two parties. The long-term, stable, practical and mutually beneficial trade relations shall be consolidated, he said. The Chinese leader said the role of the intergovernmental economic and trade cooperation commission shall be brought into full play and agreements reached at the eighth meeting of the Sino-Uzbekistan joint economic and trade commission shall also be substantiated. Hu pointed out that cooperation should be promoted particularly in the fields of economy and trade, transportation, telecommunication, light industry and agriculture. In terms of security, Hu said the Central-Asian region is confronted with grave security challenges. It is a common responsibility of all countries concerned, including China and Uzbekistan, to combat the "three forces" that engage in terrorism, separatism and extremism, and to safeguard the security and stability of the area, he said. China is willing to consolidate contacts and cooperation with Uzbek law enforcement authorities and security departments to safeguard the national and regional stability, he said. With the efforts of its member states, the Shanghai Cooperation Organization (SCO) has been striving to offset the negative impacts brought by changes in international and regional affairs. The entity has exerted an important role in promoting the stability of the Central Asian region and safeguarding the common interests of the member states, Hu said. As the rotating chair state of the SCO, Uzbekistan has actively coordinated the body's development and made a series of significant proposals, Hu said, and such efforts were highly valued and readily bolstered by the Chinese side. China is also obliged and ready to assist Uzbekistan in the hosting of the SCO summit next year, Hu said. Karimov, on his part, said the development of bilateral relations is not only conducive to the two countries, but is also of great significance to maintaining peace and stability in the Central Asian region. He said China is a most reliable and trust-worthy friend of Uzbekistan. Since the heads of state of the two countries met in Yekaterinburg in Russia earlier this year, bilateral practical cooperation have made substantial progress and entered a new era of development, and bilateral trade has grown rapidly, with a broad prospect of cooperation in the areas of natural gas, mining and cotton. Karimov said, in response to the worsening of the international financial crisis, the Chinese government has adopted a series of effective measures to resolve the difficulties faced by China's economy and played an important role in promoting the growth of the world economy. He said, against the backdrop of profound and complicated changes in today's world, Uzbekistan is ready to strengthen cooperation with China in various fields. He emphasized that Uzbekistan will adhere to the one-China policy and firmly support China's strike against the "three evil forces", "Taiwan independence" and "Tibet independence". Karimov appreciated the major and active role that China has played in handling major international issues. He thanked China for its support to Uzbekistan in becoming the chair nation of the SCO. He said Uzbekistan is ready to work with China to host a successful SCO summit in its capital of Teshkent next year. Hu arrived in Ashgabat Sunday morning and will leave for home Monday.
TAICHUNG, Dec. 23 (Xinhua) -- Letting in more mainland investors again hit the agenda in Taiwan as negotiators from two sides discussed mainland investment with local business people Wednesday. At the symposium, Chen Yunlin, president of the mainland's Association for Relations Across the Taiwan Straits (ARATS), suggested Taiwan should not be "afraid" of competitors. When the mainland began to open up, the enterprises and industries also worried that they would be beaten by overseas competitors, but 30 years after, they not only survived but also became stronger, Chen said. Chen Yunlin, president of the Chinese mainland's Association for Relations Across the Taiwan Straits (ARATS), speaks on a symposium on the investment of Chinese mainland to Taiwan, in Taichung of southeast China's Taiwan, Dec. 23, 2009. "High liquidity of capital, people, resources and knowledge across the Taiwan Strait will bring prosperity to both sides," he said. "The mainland's advantage in manufacturing and Taiwan's leading marketing will supplement each other. Thus, the two can form a bigger economic entity in face of global competition." Taiwan's Straits Exchange Foundation (SEF) Chairman Chiang Pin-kun echoed Chen's remarks. Chen Yunlin, president of the Chinese mainland's Association for Relations Across the Taiwan Straits (ARATS), shakes hands with Chairman of Taiwan's Straits Exchange Foundation (SEF) Chiang Pin-kung on a symposium on the investment of Chinese mainland to Taiwan, in Taichung of southeast China's Taiwan, Dec. 23, 2009. "(The mainland's) investment will bring more employment and boost economic growth, which will benefit both sides," Chiang said. He admitted that not many mainland investors had entered Taiwan since the island lifted the ban in June, mainly because only a limited number of sectors were opened to them. Another reason was that mainland investors were not yet familiar with the local market and business practice, Chiang said. By the end of November, the Taiwan authorities approved 15 investment plans from the mainland, totalling 5.82 million U.S. dollars. "I hope the policies can be clearer, the procedures simpler and more sectors are opened to us," said Wang Jing, president of the Newland Group, a Fujian-based IT firm with a project in Taiwan. Currently, mainland investment can go to the sectors of textile, car making, home appliance, retailing and wholesale of consumer products, air and shipping service and infrastructure for public use (not including construction contractors). Mainland companies have to get approval from Taiwan authorities under strict regulations and the conditions are also restrictive in those accessible sectors, Wang said. "The restrictions will prevent mainland companies from enjoying fair competition." She cited the complicated procedure that mainland businessmen had to undergo to travel to Taiwan. "We have invested in an IT firm in Taiwan. Research work requires cooperation between staff on both sides and they have to travel a lot across the Strait. When there is an emergency, our mainland staff always could not go to Taiwan promptly," she said. "In a world of tough competition, we should not sacrifice efficiency." Many mainland companies are interested in real estate development, finance and telecommunication that are still not on the list. Long Ge, vice president of Shanghai Xiandai Architectural Design Group, just finished a business tour in Taiwan. "We hope to set up an office in Taiwan in near future," Long said. His company hoped to launch real estate businesses, not only design but also construction and marketing, in Taiwan. "But we cannot if the restrictions remain there," he said.