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GYEONGJU, South Korea, May 15 (Xinhua) -- China on Saturday called on related parties to keep calm, exercise restraint and appropriately handle Cheonan incident.Chinese Foreign Minister Yang Jiechi made the remarks while meeting with his South Korean counterpart Yu Myung-hwan ahead of a trilateral foreign ministers' meeting of China, Japan and South Korea, Chinese foreign ministry spokesman Ma Zhaoxu said.Yang said the sinking of the South Korean navy ship "Cheonan" is an unfortunate incident. Considering the current complicated and sensitive situation on the Korean Peninsula, China hopes all parties concerned should start from the stability and peace of the Korean Peninsula and the region, proceed from long-term interest, keep calm and exercise restraint to appropriately handle the Cheonan incident.As for what the Japanese side said during the two-way meeting between Yang and his Japanese counterpart Katsuya Okada that Chinese marine surveillance ships' enforcement activities on Japan 's scientific research ships east of "medium line" has damaged Japan's sovereignty and interests, Yang stressed that China remains clear and consistent position on the East China Sea issues. He said China has never recognized the so-called "medium line" proposed unilaterally by Japan, noting that the Japanese side has no right to adopt unilateral actions in the disputed sea, according to the spokesman.The spokesman said the two sides agreed to calmly deal with related issues to avoid worsening the situation and affecting the bilateral ties.Regarding to what the Japanese side mentioned during the meeting that its surveillance actions on the Chinese Navy's recent training in East China sea are in line with the International Law, describing the Chinese side's actions as "dangerous", Yang reaffirmed that the Chinese Navy are conducting normal training, which poses no threat to any country.Yang hoped that the two countries' defense authorities could enhance mutual trust by further strengthening exchanges and communications, so as to prevent misunderstanding and misjudgment, according to the spokesman.

BEIJING, June 1 (Xinhua) -- China has promising growth prospects and should not be blamed for world imbalances, says Danny Quah, a renowned British economist."Emergency financing that was placed in the Chinese economy to counter the downturn from the 2008 global financial crisis was the right thing...The imbalances is a global problem, not a China problem," said Quah, a professor at the London School of Economics and Political Science.China did the right thing in infusing its economy with fiscal stimulus, Quah said in a recent interview with Xinhua.He also declined to describe the ballooning real estate prices as a bubble, pointing out "the strong fundamentals" of China's economy.He said the expansion of China's housing construction will be proved useful eventually, given the fact that "China is still engaging in the task of moving hundreds of millions of people from rural areas to urban China to continue to power its manufacturing and industrial progress.""So I would not describe it as a collapse of real estate bubble, we can look forward to a rationalization of housing and real estate prices," Quah said. "The improvement and expansion of housing stock will play an important role in continuing to move the Chinese economy forward.""I think Chinese fundamentals will continue to be strong. And a little bit of high inflation, as long as it doesn't break out into some kind of runaway high inflation, is probably no bad thing," he said. "We will get it under control again as the Chinese government did previously."On allegations that China deliberately keeps its currency RMB weak to obtain unfair advantages in trade with countries like the United States, Quah said people who draw such a false conclusion are misguided."The United States is running a trade deficit not just against China. It is running a trade deficit against almost 100 other countries," he said. "China is not unique in how it is exporting more to the United States than it's importing."The U.S. government was beginning to run a large trade deficit long before China's trade surpluses started grow, he added."If you take the ratio of China's bilateral trade surplus against the U.S. as a fraction of the U.S.' overall bilateral trade deficit against all of the countries, it has remained constant over the last 15, 20 years," Quah said.

BEIJING, May 10 (Xinhua) -- A senior Chinese official has urged the Communist Party's disciplinary and supervisory bodies to improve their work in companies and financial organs owned by the central government.He Guoqiang, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, made the remark at a meeting in Beijing on Monday.The CPC Central Commission for Discipline Inspection has issued a guideline to strengthen its supervisory bodies within companies and financial organs owned by the central government.He, who heads the CPC Central Commission for Discipline Inspection, asked companies and financial organs run by the central government to further implement the guideline and promote the Party's anti-corruption effort.The Party's disciplinary organs should constantly improve their officials' political loyalty and build up the system for preventing and punishing corruption, He said.

BEIJING, April 18 (Xinhua) -- China encourages foreign experts to help upgrade its technological innovation and the quality of economic growth, Chinese Vice Premier Zhang Dejiang said here Sunday."China welcomes foreign experts to offer suggestions on the country's industry development and technological innovation and to help Chinese enterprises solve technological difficulties," Zhang said when meeting a group of Chinese and U.S. engineering experts.More than 270 experts from both countries attended the Eighth Sino-American Technology and Engineering Conference on April 11-18, at which they conducted academic exchanges in fields of advanced manufacturing, information technology, biomedicine and environmental protection.Stressing that China was at a crucial stage of transforming the economic growth pattern, Zhang said China will continue to boost international cooperation and attract foreign expertise in science and technology.

来源：资阳报