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BEIJING, April 8 (Xinhua) -- Top Chinese legislator Wu Bangguo met here Thursday with President of Malaysian Senate Wong Foon Meng, vowing to enhance parliamentary exchanges.Wu, chairman of the Standing Committee of the National People's Congress (NPC), said China and Malaysia were close neighbors, and the bilateral ties had further developed since the two countries forged the strategic and cooperative partnership in 2004.The two countries had strengthened political trust, economic and trade cooperation, personnel exchanges, and coordination in international and regional affairs, he said.Malaysia is a member of the Association of the Southeast Asian Nations(ASEAN) and forged diplomatic ties with China in 1974."Expanding relations with Malaysia is in the interest of the two peoples and conducive to regional peace and prosperity, and will push forward the cooperation between China and the ASEAN," Wu said.He noted the NPC had maintained sound relations with the Malaysian parliament, but still closer cooperation and exchanges in different forms were needed.Wong Foon Meng voiced his hope to promote exchanges between the parliament members of the two countries.Wang Zhaoguo, vice chairman of the NPC Standing Committee, also met with Wong Foon Meng Thursday afternoon.

BEIJING, May 27 (Xinhua) -- China and India have agreed to enhance political, economic ties and bolster people-to-people contact during a meeting between Indian President Pratibha Patil and Chinese Premier Wen Jiabao here on Thursday.It is the Indian president's first official visit to China and the first visit to China by an Indian head of state in the last decade.In the meeting Wen proposed the two states treat bilateral ties from a strategic and long-term point of view, enhance high-level communication and bolster cooperation, in a bid to benefit the two peoples and the world."Practicing mutual respect conforms with the fundamental interests of the two states and peoples and will spark new hope for human beings," Wen Jiabao said in the meeting.Patil said India and China share broad common interests in the bilateral and multilateral fields.She pledged to boost high-level contact, cement economic and trade ties, promote two-way investment and people-to-people contact, and strengthen coordination on major international affairs with China.In her meeting with Chinese top legislator Wu Bangguo, Patil said all the parties of India support the development of relations with China.Wu, chairman of the National People's Congress (NPC) Standing Committee, said to promote peaceful co-existence and common development of the two countries meets the fundamental interests of both sides, and complies with the mainstream trend of peace and development in Asia and the world."China and India do not pose as threat to each other and their common interests far outweigh differences," he added.Wu said he hopes the two sides understand and respect each other's core interests and major concerns, properly handle their differences, and seek common development and a win-win situation."A good China-India relationship makes both winners while a confrontational one makes both losers," he added.Patil said the two countries had conducted sound cooperation not only in bilateral field but also under multilateral frameworks including BRIC and G20.The cooperation between India and China in the Copenhagen climate change summit served as a good example of bilateral cooperation in global affairs, she added.Patil arrived here Wednesday for the week-long state visit.

BEIJING, April 13 (Xinhua) -- The State Council, China's Cabinet, released here Tuesday new regulations on overseas investment, promising good business conditions but restricting funds to environmentally unsound projects.According to the new regulations, China still welcomes foreign investment in high-tech industries, services sectors, energy-saving and environmental protection, but polluting and energy-gorging or projects in industries running at overcapacity are not wanted.According to the regulations, the State Council said China will continue to support Chinese A-share listed companies in further introducing strategic investors from home and abroad, and standardize foreign companies' investment in domestic securities and corporate merger and acquisition moves.A national security examination mechanism will be built as soon as possible for foreign-funded companies' merger and acquisition operation in China, according to the regulations.Qualified foreign-funded companies are allowed to go public, issue corporate bonds or medium-term bills in China.Multinationals are encouraged by the regulations to set up regional headquarters, research and development centers, procurement hubs, financial management and other functional offices in China.Importing items for scientific and technological development by qualified foreign-funded R&D centers will be exempt from tariffs, importing value added tax and goods and services tax by the end of 2010, according to the regulations.Foreign-funded enterprises are also encouraged to increase their investment in China's central and western regions, particularly in environment friendly and labor-intensive companies.

MOSCOW, April 23 (Xinhua) -- Russia will give humanitarian aid to quake-stricken China, a source at the Emergency Situations Ministry told Russian media on Friday."Under the Russian president's order, the ministry will deliver tents, blankets, diesel generators and food to China, about 40 tons of cargo in total," the ministry said, quoted by the Itar- Tass news agency.The flight is scheduled for Saturday, the source said."An Ilyushin Il-76 cargo plane of the ministry will bring the aid to the Qinghai province, which sustained the heaviest damage in the recent quake," the ministry said.Another plane will bring more aid to China in the near future.Last Wednesday, a 7.1-magnitude earthquake rocked the Tibetan Autonomous Prefecture of Yushu, in Qinghai province, killing over 2,000 people and injuring 10,000 others.

BEIJING, May 25 (Xinhua) -- China and the United States wound up the two-day 2nd China-U.S. Strategic and Economic Dialogue (S&ED) Tuesday, achieving consensus and even forging agreements in a number of areas of crucial significance for both sides as well as regional stability.It is obviously of the utmost importance the two sides tread the path of dialogue to build cooperation and mutual benefit, given the complicated but important nature of the bilateral relations.HIGH-LEVEL DIALOGUELeaders have acknowledged the vitality of the dialogue mechanism consisting of two tracks: economic and strategic, which was initiated last year by President Hu Jintao and his U.S. counterpart Barack Obama.Hu said when with U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner that he hoped the S&ED would play a greater role in boosting bilateral relations. U.S. Treasury Secretary Timothy Geithner, U.S. Secretary of State Hillary Clinton, Chinese Vice Premier Wang Qishan and Chinese State Councilor Dai Bingguo (L to R) attend a press conference of the second round of China-U.S. Strategic and Economic Dialogues in Beijing May 25, 2010"I hope the four special representatives and both teams will seriously implement the achievements, draw on their experiences, and strengthen the building of the mechanism so it can play a greater role," Hu said, referring to the leaders and ministers chairing the dialogue.Both Clinton and Geithner were special representatives of President Obama. They were joined by Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo, both special representatives of President Hu.They achieved consensus on bilateral relations, facilitating global economic recovery, anti-protectionism in international trade, pushing forward financial reforms and important international affairs.The two dialogue partners also signed agreements covering trade, environment, energy and disease control at or on the sidelines of the S&ED, underscoring the value of the dialogue platform."The two teams worked hard to realize the vision" between Obama and Hu and that the two sides deepened cooperation in the second round of talks with the largest-ever delegation, Clinton said.Clinton told Hu when they met she appreciated the "substantial speech" he made at the opening session of the dialogues.President Obama once even drew on traditional Chinese wisdom of Mencius, a master of the Confucius school of teaching that has helped shape Chinese society, to illustrate the value of the high-level dialogue platform."A trail through the mountains, if used, becomes a path in a short time, but, if unused, becomes blocked by grass in an equally short time," Obama said at the opening of the 1st S&ED last year, quoting Mencius to compare the bilateral exchanges to blazing a path through the mountains.

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