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BEIJING, Nov. 17 (Xinhua) -- China and the United States are committed to working together and with other countries for a successful outcome at Copenhagen summit next month, said a joint statement issued here Tuesday after talks between Chinese President Hu Jintao and his U.S. counterpart Barack Obama. The two sides have held a constructive and productive dialogue on the issue and maintained that international cooperation is indispensible in dealing with climate change, which poses one of the greatest challenge of the time, the statement said. Both sides concede that transition to a low-carbon economy is an opportunity to promote continued economic growth and sustainable development in all countries. Regarding the upcoming Copenhagen summit, the two countries expressed their willingness to strive for an agreed outcome based on the principle of common but differentiated responsibilities and respective capabilities. "The two sides, consistent with their national circumstances, resolve to take significant mitigation actions and recognized the important role that their countries play in promoting a sustainable outcome that will strengthen the world's ability to combat climate change," said the statement. The two countries also agreed that the outcome should include the emission reduction targets of developed countries and nationally appropriate mitigation actions of developing countries, adding that it should also substantially scale up financial assistance to developing countries, promote technology development, dissemination and transfer, and pay particular attention to the needs of the poorest and most vulnerable countries to adapt to climate change.
SHANGHAI, Dec. 5 (Xinhua) -- Shanghai Party chief Yu Zhengsheng met here Saturday with visiting Canadian Prime Minister Stephen Harper, vowing to take the opportunity of the Shanghai World Expo to upgrade bilateral economic and environmental cooperation. The theme of the 2010 Shanghai World Expo is Better City, Better Life, and the core of this theme is to achieve harmony between man and nature, said Yu, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the CPC Shanghai Municipal Committee. "We will step up the transformation of economic development mode and coordinate the various social interests, and promote development through reform and innovation," he said. Yu Zhengsheng(R), member of the Political Bureau of the Communist Party of China (CPC) Central Committee and chief secretary of the CPC Shanghai Municipal Committee, meets with visiting Canadian Prime Minister Stephen Harper in Shanghai, China, Dec. 5, 2009 He appreciated Canada's active participation in the Shanghai World Expo and believed that the Expo would increase the Chinese people's understanding about Canada. Harper said Shanghai was a vibrant city, and the Canadian companies, represented by Bombardier, had been active in Shanghai in the areas of transportation, insurance, food and resources. The 2010 Shanghai World Expo was a very good opportunity for Canada and Shanghai to expand and escalate cooperation, especially in the fields of high-tech and environmental science and technology, he noted. Harper visited the Shanghai World Expo Park Saturday morning and inaugurated the Canada Pavilion. He said Canada's participation in the Shanghai World Expo was one of the earliest decisions of the government under his leadership since he took office, and the Canada Pavilion would be a great success during the Expo. Harper left Shanghai for Hong Kong Saturday afternoon. According to statistics of Shanghai Municipal Commission of Commerce, by the end of the year 2008, Canadian companies have invested in 909 projects in Shanghai, and the amount of contractual foreign capital reached 876 million U.S. dollars. During the past five years, import and export between Shanghai and Canada have maintained rapid growth. In 2008, the total trade volume reached 4.87 billion U.S. dollars.
TAIPEI/BEIJING, Nov. 10 (Xinhua) -- A delegation from the Chinese mainland is expected to sign contracts with Taiwan's companies valued at more than three billion U.S. dollars during its 6-day trip on the island, the delegation head said Tuesday. The delegation, which arrived in Taipei Monday, was headed by Liang Baohua, chief of the Communist Party of China (CPC) provincial committee in east China's Jiangsu Province. The delegation would also sign Memorandum of Understandings to enhance cooperation in areas including economy, trade, agriculture, science and technology, tourism, culture and education, said Liang at the opening ceremony of "Jiangsu-Taiwan Week" in Taipei Tuesday. Kuomintang Honorary Chairman Lien Chan delivers a speech at the opening ceremony of "Jiangsu-Taiwan Week" held in Taipei, south China's Taiwan Province, Nov. 10, 2009. The "Jiangsu-Taiwan Week" kicked off in Taipei on Tuesday. The provincial-level delegation from the Chinese mainland is expected to sign contracts with Taiwan's companies valued at more than three billion U.S. dollars during its 6-day trip on the island. "Our visit itself reflects the peaceful development in cross-Strait ties in the past year," said Liang when he met the Kuomintang (KMT) honorary chairman Wu Poh-hsiung Monday. Invited by the KMT central committee, Liang was the first CPC provincial committee chief to visit Taiwan. It indicated the expanding and deepening exchanges across the Taiwan Strait, said KMT Deputy Secretary-General Chang Jung-Kong. Taiwan had received and would witness a series of mainland delegations headed by senior officials at the provincial-level. A delegation headed by Li Chongxi, deputy chief of the CPC's Sichuan provincial committee arrived in Taipei on Nov. 1 to discuss cooperation in trade and tourism. Beijing Vice Mayor Ji Lin, who led a group of more than 250 members, arrived the island the next day and took part in a symposium on science and technology. Xu Bodong, an expert on Taiwan affairs and also professor of the Beijing Union University, said the visit by the Jiangsu delegation was a continuity of trips made by Sichuan and Beijing. "The trips reflect higher level development of cross-Strait ties as the exchanges at the local level involved more specific issues," he said. Enterprise representatives sign the cooperation memorandum at the opening ceremony of "Jiangsu-Taiwan Week" held in Taipei, south China's Taiwan Province, Nov. 10, 2009The CPC and KMT reached an agreement on the common prospects for peaceful cross-Strait development in 2005, which had now become a basic policy of the Taiwan authority, said the Taiwan-based Straits Exchange Foundation (SEF) chairman Chiang Pin-kung when he met Liang Baohua Tuesday. Local CPC chiefs on the mainland, however, had for a long time mainly played the role as hosts to receive KMT guests from Taiwan after the positive changes took place in the island in May 2008. For example, Liang acted as a host to receive Lien Chan, Wu Poh-hsiung and Chiang Pin-kung for several times, according to Xu Bodong. "Now they finally came to the front of exchanges and dialogue," Xu said. As Liang Baohua put it, "Our visit is to implement the common prospects for peaceful cross-Straits development with pragmatic measures on behalf of a province." Following Liang's visit, Xu Guangchun, chief of CPC's Henan provincial committee, will also visit Taiwan next month at the invitation of the KMT central committee, according to the Henan provincial committee Tuesday. Wang Jianmin, a Taiwan affairs researcher at the Chinese Academy of Social Sciences, said "local CPC committees and government could make bigger stride in promoting economic, trade and cultural exchanges with a view to the new situation in cross-Strait relations." Exchanges and cooperation at the local level across the Strait would be institutionalized in the future and would bring greater benefits to people on both sides, Wang said. Liang Baohua (1st L), secretary of Jiangsu Provincial Committee of the Communist Party of China (CPC), Kuomintang Honorary Chairman Lien Chan (2nd L), Chen Wu-hsiung (3rd L), director-general of Taiwan Federation of Industries (TFI), and Zhang Jindong (1st R), board chairman of Suning Corporation, attend the opening ceremony of "Jiangsu-Taiwan Week" held in Taipei, south China's Taiwan Province, Nov. 10, 2009
BEIJING, Nov. 26 (Xinhua) -- China has tightened settlement and sale of foreign exchange by individuals to curb non-normal cross-border capital inflow, according to a statement of the State Administration of Foreign Exchange (SAFE). Banks should deny, review or report to foreign exchange regulators, individual purchases or settlements of foreign exchange suspicious of splitting up one deal into several smaller ones to dodge limits on the size of exchange transfer by one person, which is understood to be one of the channels for hot money inflow, said the statement on Wednesday. Practices including one overseas individual or institution remitting foreign exchange to five or more individuals within China who settle them respectively, or five or more individuals buying foreign exchange and remitting them to one and the same overseas individual or institution, on a single day, every other day or consecutive days, are considered exchange splitting behavior, said the SAFE. China in 2007 set the limit of up to 50,000 U.S. dollars per year for an individual to exchange between yuan and foreign exchange.