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BEIJING, Jan. 9 (Xinhua) -- China on Saturday again expressed strong dissatisfaction and firm opposition to the U.S. arms sales to Taiwan, urging the U.S. to respect China's core interests and withdraw related arms sales plan.     "The U.S. arms sales to Taiwan infringe upon China's security interest as well as peace and stability across the Taiwan Strait, and interfere with China's internal affairs," said Foreign Ministry spokeswoman Jiang Yu in a statement.     Jiang made the comments in response to a reporter's question on U.S. government approval for Raytheon Company to sell 1.1 billion U.S. dollars of Patriot antimissile system to Taiwan.     "We have raised solemn representations to the U.S. side," said Jiang. "We urge the U.S. to stop arms sales to Taiwan to avoid undermining China-U.S. cooperation."     Jiang said, "We urge the U.S. to clearly recognize the severe consequences of arms sales to Taiwan, reject the cold war mentality, and adhere to the three Sino-U.S. joint communiques, especially the principles established in the Joint Communique on Aug. 17, 1982."     The "Aug. 17 communique" stated that the U.S. would not seek to carry out a long-term policy of arms sales to Taiwan, and intended to gradually reduce arms sales.     "We also persuade the Raytheon Company to stop pushing or participating in arms sales to Taiwan, and refrain from doing anything that harms China's sovereignty and security interest," Jiang said.

BEIJING, Dec. 22 (Xinhua) -- China on Tuesday said the proper handling of sensitive issues was crucial to stronger Sino-French ties, and proposed deeper political trust and wider pragmatic cooperation.     "Both countries should properly deal with sensitive issues, enhance political trust, expand pragmatic cooperation in an effort to bring bilateral relationship to a new high," Chinese President Hu Jintao told visiting French Prime Minister Francois Fillon Tuesday afternoon. Chinese President Hu Jintao (R) meets with French Prime Minister Francois Fillon at the Great Hall of the People in Beijing, capital of China, on Dec. 22, 2009Fillon's visit was seen by observers as a symbol of the recovery of bilateral ties that were frozen in 2008 caused by frictions over Tibet and other issues concerning China's core interests.     France in April pledged not to support "Tibet independence" in any form.     "I've met twice with President Sarkozy on the sidelines of international conferences this year," Hu recalled, referring to the first one in London in April and the other in New York in September.     "We've reached important consensus on consolidating and developing China-French relationship and bringing it back to the track of sound and stable growth," Hu said. Chinese President Hu Jintao (R Front) meets with French Prime Minister Francois Fillon (L Front) at the Great Hall of the People in Beijing, capital of China, on Dec. 22, 2009.Fillon, on his first visit to China since taking office in 2007,said bilateral relations was in rapid development after the meetings between the two presidents.     Reviewing the past, Hu said the 45-year China-France diplomatic relations had overcome difficulties and moved forward despite vicissitude in international arena.     "The establishment of China-France comprehensive strategic partnership in 2004 provided a broad prospect for bilateral relations in the 21st century," Hu said.     Fillon echoed Hu's views, saying both countries would have a promising prospect in the cooperation on nuclear energy, trade, science and technology, education and culture.     China and France unveiled their biggest nuclear energy joint venture and inked two deals on aviation cooperation during Fillon's three-day visit. Wu Bangguo (R1), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with French Prime Minister Francois Fillon (L1) in Beijing, capital of China, Dec. 22, 2009.The venture, with a registered capital of about 16.7 billion yuan (2.5 billion U.S. dollars), will annually generate 26 billion kilowatt-hours on-grid energy when completed in 2014.     During their hour-long meeting at the Great Hall of the People, Hu and Fillon also exchanged views on international issues.     "As permanent members of the United Nations Security Council, China and France share same or similar views on many major international and regional issues, enjoy common interests and assume important responsibilities on international affairs," Hu said.     Fillon expected both countries to jointly oppose trade protectionism, weather the impacts of global economic downturn and restructure international financial system. Wu Bangguo (R), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with French Prime Minister Francois Fillon in Beijing, capital of China, Dec. 22, 2009Before their meeting, top Chinese legislator Wu Bangguo also met with Fillon on bilateral relations.     As Fillon's entourage included some French legislators, Wu called for more legislative exchanges at different levels in a bid to lay a more solid public foundation for China-France relations.     Fillon will fly back home late Tuesday night.

NAIROBI, Dec. 5 (Xinhua) -- The UN environmental agency UNEP Saturday hailed China's commitment to the fight against climate change and the recently-announced measure to render assistance to African countries in clean energy development.     China's State Council announced on Nov. 26 that China is going to reduce the intensity of carbon dioxide emissions per unit of GDP in 2020 by 40 to 45 percent compared with the level of 2005.     "China's announcement has assisted in triggering fresh momentumin the days running up to the crucial UN climate convention meeting in Copenhagen. It underscores China's determination to continue and accelerate the decoupling of CO2 emissions from economic growth," said Nick Nuttall, spokesman for the office of UN Environment Programme (UNEP) executive director.     He noted that China's announcement, alongside commitments and pledges by other countries or blocs like the European Union, Brazil, Mexico and the Republic of Korea, is bringing the opportunity of a decisive agreement in the Danish capital this month far closer than perhaps was the case only a few months ago.     "China is one among several nations that has increasingly recognized that development in the 21st century and environmental considerations are not a contradiction, but can be mutually supportive in terms of generating growth and jobs for a healthy, prosperous and stable society," said Nuttall in an exclusive written interview with Xinhua.     With regards to the new measures announced by China last month to assist Africa with clean energy projects, the spokesman termed it as "timely".     "Africa is the continent that is the least one responsible for climate change, yet it remains the most vulnerable and also has an especially important need for energy with many of the two billion people without access to electricity living in Africa," Nuttall stressed.     "The decision (of China) to support 100 projects can assist Africa in economic development and diversification in terms of sectors and wider-employment prospects while assisting towards a more sustainable path," said he, "So in terms of fighting poverty, accelerating development and combating climate change, China's announcement to assist Africa is welcome news."     At the fourth ministerial conference of the Forum on China-Africa Cooperation in the Egyptian resort of Sharm el-Sheikh earlier last month, the Chinese government proposed to establish a China-Africa partnership in addressing climate change, as one of the eight new measures to strengthen the cooperation between the two sides in the next three years.     Senior officials' consultations with African countries will be held from time to time in this field, while cooperation will be enhanced on satellite weather monitoring. Development and utilization of new energy sources, prevention and control of desertification and urban environmental protection will also be boosted.     China has also decided to build 100 clean energy projects for Africa covering solar power, bio-gas and small hydro-power.     The spokesman also expressed optimistic about the upcoming Copenhagen conference, "While there is a great deal to be done in Copenhagen to realize a decisive and equitable agreement, there is now a real chance that the UN climate convention meeting can be a success."     He also listed several tests which will be faced with by the participates of the crucial meeting, like whether it can agree on a deal that reflects the science of the Intergovernmental Panel on Climate Change, or in other words, whether it can set the stage for a 25 percent to 40 percent emission reduction by 2020 and deeper cuts beyond.     The funding was also a bottleneck in the bid to strike a pivotal deal in the meeting. Nuttall elaborated by identifying as a test whether "Copenhagen can develop a global financial partnership in which developing economies are given sufficient resource to adapt to the climate change already underway while being assisted towards a low carbon path".     According to UNEP estimates, sums of perhaps 100 billion U.S. dollars a year by 2020 may be needed and there needs to be a quick start fund of several billion dollars almost immediately.     Meanwhile, other elements need to be put in place including action that recognizes the mitigation and adaptation role of ecosystems like forests which will be increasingly important in terms of their role in delivering water supplies and stabilizing economically-important soils against extreme weather events, Nuttall told Xinhua.     UNEP's recent Blue Carbon report estimated that around half of all the world's transport emissions are being captured and locked away by sea grasses, mangroves and salt marshes.     "Copenhagen could and must be the start of a really new and more creative development path for six billion people, rising to nine billion by 2050," Nuttall said determinedly.     The Copenhagen climate summit is scheduled for Dec. 7-18, where representatives of about 190 countries are expected to renew greenhouse gas emissions reduction targets set by the Kyoto Protocol, the first commitment period of which is to expire in 2012. It is also expected to outline the post-2012 negotiation path.

BEIJING, Oct. 22 (Xinhua) -- Qingdao Haier Co., Ltd., a leading Chinese household electric appliance producer, announced Thursday evening that its net profit in the third quarter rose 48.88 percent year on year to 300.7 million yuan (44.03 million U.S. dollars).     Its net profit in the first three quarters increased 28.7 percent from a year earlier to 966.4 million yuan, the firm said in a statement to the Shanghai Stock Exchange.     The eastern Shandong Province-based company attributed the net profit hike to reduced inventory and improved assets quality.     Equities of the Shanghai-listed firm added 1.28 percent to 18.17 yuan per share Thursday.

BEIJING, Nov. 9 (Xinhua) -- China Merchants Securities, a leading domestic brokerage firm, announced Monday that it has set its A-share initial public offering (IPO) price range between 26 yuan (3.8 U.S. dollars) and 31 yuan.     The Guangdong-based brokerage is scheduled to issue no more than 358.5 million shares, it said in a statement to the Shanghai Stock Exchange Monday.     The IPO price translates into a price to earnings (P/E) ratio between 47.18 and 56.26 times. The subscription of the company starts on Tuesday, said the company.