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BEIJING, June 2 (Xinhua) -- China opposes the U.S. decision to set final duties of up to more than 200 percent on imports of steel gratings from China, the Ministry of Commerce (MOC) said in a statement Wednesday.This came after the U.S. Commerce Department Tuesday announced final anti-dumping duties of 136.76 to 145.18 percent on the gratings to "offset below-market pricing." It also set a countervailing duty of 62.46 percent.MOC said the United States had acted "discriminatorily" in the anti-dumping and anti-subsidy investigation and made the wrong conclusion, and China is dissatisfied and is opposed to this.Such move could hurt the interests of China, which both Chinese government and enterprises would not accept, the ministry said.China urged the U.S. to take effective measures to correct the mistake, it said.According to the U.S. trade remedy procedure, the U.S. International Trade Commission (ITC) will also make its final injury determination about the product soon.If the ITC makes affirmative final determinations that imports of steel gratings from China materially injure, or threaten material injury to, the domestic industry, the Commerce Department will issue anti-dumping duties and countervailing duties orders.In 2009, the United States imposed a series of trade remedy measures on Chinese products, and the value involved was eight times more than that in 2008, the MOC statement said."Such action not only hurts the interests of China, but also has an adverse impact on bilateral economic and trade ties," it said.China hoped the United States could show restraint in using trade remedy measures and act to fight trade protectionism, it said.
CANBERRA, May 13 (Xinhua) -- Australian Prime Minister Kevin Rudd met with visiting General Guo Boxiong, vice-chairman of China 's Central Military Commission, later on Thursday.In the meeting, Rudd praised China's reforms and opening up which massively upheaved its economy and the society, and said the achievements are unparalleled in the world.Rudd said the Australian government places importance in Sino- Australian relations. In recent years, there has been a very good political climate given the strengthened economic cooperation and closer exchanges between the peoples. He said today more and more people from China travel to and study in Australia which effectively promoted the understanding and friendship between the peoples.Rudd said Australia hopes to further strengthen dialogue and exchanges, enhance mutual understanding and trust to establish a " sworn friend" (zheng you) relations with China. He also hopes to see the defense and military relations between the two countries will further develop, adding that Australia is very optimistic in future Australia-China relations.Guo said although China and Australia are far apart, the two peoples have friendly relations. In recent years, such bilateral relations were maintained in a sound trend in general as there have been frequent diplomatic visits, and economic and trade cooperation continue to expand. Particularly, although both have gone through the financial crisis, the two countries' volume of trade is actually rising, instead of falling.He said continual development of Sino-Australian friendly relations and cooperation help increasing mutual understanding and trust, expand consensus and cooperation, which not only accords to the interests of the two peoples but also benefits to safeguard the peace and stability in the Asia-Pacific region.He said China places great importance in developing relations with the Australian military and is willing to make joint efforts with Australia to carry out multi-level, broad areas of pragmatic communication and cooperation that will enhance the military relations to a higher level.Guo arrived on Tuesday in Australia for an official visit. Since arrival, he held talks with Australian Defense Minister John Faulkner and met with Australian Foreign Minister Stephen Smith. He also visited related Australian Army forces and the Australian Defense College.

LUANDA, May 28 (Xinhua) -- Angolan President Jose Eduardo dos Santos on Friday held talks with visiting Chief of the General Staff of the Chinese People's Liberation Army Chen Bingde, officials with the military delegation told Xinhua.Welcoming Chen to visit Angola, President dos Santos said the two countries enjoyed friendly ties and Angola appreciated China's assistance to the Angolan people and armed force.The president said Angola attached importance to cooperation with China in various fields, and hoped to build up a sound and working mechanism on staff training and infrastructure construction to promote military ties between the two countries.Chen extended best wishes and cordial greetings from Chinese President Hu Jintao, and he stressed the friendly cooperation between China and Angola fell in line with the common interests of the two peoples, and also contributed to peace and stability in the world community.He said, military cooperation, as part of overall cooperation between China and Angola, has been developing smoothly, and the Chinese military was ready to promote friendly cooperation with the Angola armed forces under the new international circumstances.Chen arrived in Luanda on Wednesday for a three-day visit on the second leg of his three-nation tour on the African continent. He flew in Luanda from Namibia and was also expected to leave for Tanzania on Saturday. Briefing reporters on Chen's mission, Chinese Ambassador Zhang Bolun said China hoped to strengthen bilateral military cooperation in the areas of staff training and equipment supply, and Chen's visit to Luanda was conducive to strengthening military ties between the two countries, including exchange of institutional delegations, staff training and so on.
BEIJING, May 18 (Xinhua) -- Chinese Premier Wen Jiabao met here Tuesday with Director-General of the UN Educational, Scientific, and Cultural Organization (UNESCO) Irina Bokova.China attaches great importance to education, technological progress and conservation of cultural diversity from a strategic perspective, and is engaged in people's all-round development, all-round social progress and harmonious and sustainable development of the world, said Wen.Wen said China is willing to enhance cooperation with the UNESCO to jointly advance the lofty career concerning mankind's future.Chinese Premier Wen Jiabao (R) meets with UNESCO Director General Irina Bokova in Beijing, capital of China, May 18, 2010.Bokova described China as an indispensable partner of the UNESCO, saying the UN organization needs China's support and participation.Bokova hoped China could play a bigger role in promoting South-South cooperation, conserving cultural diversity and dealing with the global challenges.
BEIJING, March 30 (Xinhua) -- Chinese auto maker Zhejiang Geely Holding Group is ready to inject 900 million U.S. dollars operating capital into Volvo on top of the 1.8 billion U.S. dollars purchase price, Geely chairman Li Shufu said Tuesday."We should not only inject money into Volvo, but also endeavor to improve Volvo's profit-making capability," Li said at a press conference to discuss the Volvo takeover.The Zhejiang-based Geely signed a deal with Ford Motor Co. Sunday in Sweden to acquire the U.S. auto giant's Volvo car unit.The photo taken on March 23, 2010 shows Volvo assembly plant in the suburbs of western Belgian city of Gent. China's Zhejiang Geely Holding Group signed a deal worth 1.8 billion U.S. dollars with Ford Motor Co. in Goteborg of Sweden on March 28, 2010 to acquire the U.S. auto giant's Volvo car unit"Geely is Geely, while Volvo is Volvo. Geely will not produce Volvo, and Volvo will not produce Geely," said Li, also the founder of the firm, adding that Volvo would keep its unique characteristics after the takeover.Li said Volvo's biggest problem was its small production scale and high research and development expenses, adding Volvo should try to increase production and sales to cut costs.
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