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BEIJING, May 27 (Xinhua) -- Chinese and Indian presidents Thursday agreed that the two Asian countries should further develop partnership and cooperation for mutual benefits as well as regional and global peace and development.Chinese President Hu Jintao and his Indian counterpart Pratibha Devisingh Patil held talks in Beijing Thursday afternoon. Patil arrived in Beijing Wednesday for a six-day state visit to China, the first of its kind over the past decade.Hu said expanding the strategic partnership of cooperation between China and India conformed with fundamental interests of both countries and their people and was conducive to peace, stability and development of the region and the world.He said leaders of the two countries should have frequent meetings and negotiation to enhance mutual trust, for which governments, legislatures and political parties should also play a role. Chinese President Hu Jintao (L) and Indian President Pratibha Patil inspect a guard of honor during a welcoming ceremony held for Patil in Beijing, capital of China, May 27, 2010.President Patil said India-China relations were of global and strategic significance, and all political parties in India were supportive of further advancing such relations.On trade and economic cooperation, Hu urged the two countries to push forward cooperation in fields including finance, agriculture, science, technology, forest and environmental protection.The two countries should create a more flexible environment for each other's companies to make investment and undertake construction contracts, he said.Both countries must adhere to the principles of openness and mutual benefit while opposing protectionism in any form, he said.Describing trade and economic cooperation as a pillar of bilateral ties, Patil said India and China should work together to realize trade target that had been set.Hu said China and India should work more closely to address global issues such as economic downturn, climate change, energy security and food security.The two countries should maintain close communication and coordination within multilateral mechanisms such as China-Russia-India, BRIC, BASIC, and G20, in a bid to increase the voice of developing countries, Hu said.Patil said India was ready to strengthen cooperation with China to address the global issues and safeguard the interests of developing countries.Both presidents agreed that the two neighbors should step up people-to-people exchanges in the areas of culture, education, media, youth and non-government sectors.Celebrations such as "China Festival" in India and "India Festival" in China would be held this year to mark the 60th anniversary of the establishment of diplomatic relations.After the talks, the presidents witnessed the signing of a number of cooperative documents in the areas of tourism, human resources and sports.President Patil also met with top Chinese legislator Wu Bangguo and Premier Wen Jiabao Thursday.Besides Beijing, she will visit Luoyang City in central China's Henan Province and will attend the 2010 World Expo in Shanghai.

OMAHA, The United States, May 1 (Xinhua) -- U.S. billionaire Warren Buffett said on Saturday that China is an amazing economy and the Chinese people will be living better lives in 20 years than today.When responding to a question from a Chinese student who is currently studying at Kansas City, Buffett said China is a country with great potential."China is an amazing economy, there's no question about that, and China's excising this kind of potential," Buffett said at the annual shareholders' meeting of Berkshire Hathaway.Buffett, CEO of Berkshire Hathaway, also emphasized that countries around the world do learn from each other.China may learn a few things from U.S. in its own development, but "they don't take everything we have," he said, adding that at the same time, countries like India and China are also helping improve U.S.The billionaire said he was full of hopes for emerging economies like India and China. "People in India and China will be living better lives in 20 years than today."

BEIJING, April 17 (Xinhua) -- China is disappointed the European Union (EU) has decided to launch an anti-subsidy investigation into imported Chinese coated paper, Ministry of Commerce (MOC) spokesman Yao Jian said Saturday."China will closely follow this issue and reserves its right to take necessary measures in accordance with WTO rules," Yao said.He said the coated paper probe is the EU's first anti-subsidy investigation into Chinese products.The EU launched an anti-dumping investigation on Chinese coated paper two months ago, he said.Increased trade protectionism is a major threat to the world economy recovery, Yao said."To create a win-win situation, China and the EU should settle trade disputes cooperatively," he added.MOC data shows the EU initiated seven anti-dumping investigations against China in 2009.The EU is China's largest trade partner, with bilateral trade volume exceeding 360 billion U.S. dollars last year.

YANGON, June 3 (Xinhua) -- Chinese Premier Wen Jiabao left Yangon for Beijing on Thursday after concluding a two-day visit to Myanmar, the last leg of his four-nation Asian tour.MEETING MYANMAR COUNTERPARTDuring talks with his Myanmar counterpart U Thein Sein in the capital city of Naypyitaw, Wen and Thein Sein agreed to further promote relations and cooperation between the two countries.Noting that this year marks the 60th anniversary of the establishment of China-Myanmar diplomatic ties, Wen told his host that he came to Myanmar with Chinese people's profound feelings of friendship for the Myanmar people and their strong aspiration for closer bilateral ties.Visiting Chinese Premier Wen Jiabao (Center L) attends a signing ceremony for 15 documents on cooperation in natural gas, hydropower and other fields, with his Myanmar counterpart U Thein Sein (Center R) in Naypyitaw, Myanmar, on June 3, 2010.During the past 60 years, China and Myanmar have both upheld and followed the Five Principles of Peaceful Coexistence, achieving far-reaching progress in bilateral ties and also creating an exemplar of cooperation between nations with different social institutions, said Wen, the first Chinese premier to visit Myanmar in 16 years.Wen added that China respects the path of development the Myanmar government and people have selected in line with their country's conditions, and appreciates the valuable support Myanmar has long offered on issues concerning China's core interests.Wen stressed that China is ready to join hands with Myanmar to deepen their friendship and expand cooperation, thus remain good neighbors, good friends and good partners for ever.With their land bordering each other and their economies mutually complementary, China and Myanmar have enjoyed a grand prospect of mutually beneficial cooperation, said Wen, while recalling that thanks to their joint efforts, the two countries not only effectively withstood the impact of the global financial crisis but also brought their bilateral trade volume to a new high.In the next phase, Wen said, both sides should make proper planning of key areas and projects for cooperation, speed up the interconnection of the two countries' infrastructure, and complete the agreed major cooperation projects in energy, transportation and other areas in a timely manner and with good quality.The Chinese premier emphasized that China is willing to continue providing assistance to the best of China's ability for Myanmar's economic and social development.For his part, Thein Sein said that Myanmar and China share common borders and the two peoples have long been friendly to each other.Since diplomatic relations were established 60 years ago, the two countries have respected each other, treated each other on an equal footing and in friendly terms on the basis of the Five Principles of Peaceful Coexistence, he said.He also noted that recent years have witnessed frequent exchanges of high-level visits and significant achievements in trade and other areas of bilateral cooperation.Myanmar appreciates the understanding and support from China and adheres to the one-China policy, the prime minister said.Thein Sein said that Myanmar highly appreciates China's development, places high values on its cooperation with China from a strategic perspective and promptly implements the key cooperation projects the two sides have agreed on.He added that Myanmar will avail itself of the opportunity of the 60th anniversary of bilateral diplomatic ties to join hands with China to promote their bilateral relations of good-neighborly cooperation to a new high.The two leaders also agreed to make concerted efforts to maintain peace and stability along the common borders between the two countries and turn the borders into a bridge for friendly cooperation between the two countries.Following their talks, the two leaders attended a signing ceremony for 15 documents on cooperation in natural gas, hydropower and other fields.

WINDHOEK, March 25 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday arrived in Windhoek to kick off his official visit to the southwestern African nation of Namibia.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, the country's top advisory body, was making the visit at the invitation of the National Council of Namibia.Namibia was the second leg of Jia's 10-day African tour which already took him to Cameroon. He will also visit South Africa next week. Jia Qinglin (Front R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), is welcomed by Chairman of Namibian National Council, Asser Kapere (L, front) upon his arrival in Windhoek, capital of Namibia, March 25, 2010In a written statement issued upon his arrival at the airport, Jia described Namibia as one of the youngest state in Africa, which obtained its full independence in 1990, and as a state full of vigor and vitality.Jia said the China-Namibia relationship had developed smoothly since the two countries forged diplomatic ties in 1990, hailing frequent high-level exchanges and fruitful cooperation in politics, trade, culture, education and public health.Jia said his visit was aimed at boosting the understanding and friendship between the two nations and consolidating the cooperation in all fields.During his stay in Namibia, Jia will meet with Namibian leaders and attend a reception marking the 20th anniversary of the establishment of China-Namibia diplomatic relationship.