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ADDIS ABABA, Jan. 12 (Xinhua) -- China will lose no time in implementing the "eight new measures" to strengthen China-Africa cooperation in the next three years, said China's Minister of Commerce Chen Deming on Tuesday. The fourth ministerial meeting of the Forum on China-Africa Cooperation was held in the Egyptian resort of Sharm el-Sheikh on Nov. 8-9. At the meeting, Chinese Premier Wen Jiabao announced eight new measures the Chinese government will take to strengthen China-Africa cooperation in the next three years.     The success of the Sharm el-Sheikh meeting has opened a new page for China-Africa cooperation, Chen said during his talks with Erastus Mwencha, deputy chairperson of the Commission of the African Union (AU).     China will focus on improving African people's well-being, strengthening Africa's agriculture and infrastructure and expanding cooperation in human resources development, he said.     China will support Africa to increase its capacity for independent development, and join hands with Africa in tackling such challenges as the global financial crisis and climate change, in a bid to promote China-Africa friendly cooperation and Africa's economic and social development, said the Chinese minister.     Chen appreciated the AU's efforts to further Africa's integration process and develop China-Africa cooperation, saying China will continue to strengthen all-round cooperation with the AU, and support the AU to play a bigger role in regional and international affairs.     For his part, Mwencha said Africa and China respect each other and treat each other on an equal footing, adding that bilateral ties have stood the test of the time.     He believed the Sharm el-Sheikh meeting will further promote the development of cooperation between Africa and China.     China's eight new measures to enhance cooperation with Africa are consistent to Africa's practical needs, said the AU official.     Mwencha said the AU Commission is willing to play a bigger role in implementing the eight new measures and enhance dialogue between Africa and China.     Chen arrived here on Monday for a working visit, which will also take him to Mozambique and Tanzania.

PARIS, Feb. 16 (Xinhua) -- French President Nicolas Sarkozy met with hundreds of Chinese representatives during a reception at Elysee on Tuesday, the first celebration of Chinese Spring Festival at the presidential palace.At the reception, which aims to co-celebrate the lunar New Year, or Spring Festival, the president greeted happy new year to around 800 Asian attendees, mainly Chinese-French and Chinese visitors living in France.Sarkozy said the relations between France and Asian countries, including China, was becoming closer and closer. He has visited China three times since he took office as French President and Prime Minister Francois Fillon also visited China last year. France's President Nicolas Sarkozy (2nd R) and Prime Minister Francois Fillon (1st R) shake hands with delegates at a ceremony celebrating the Chinese New year, the year of Tiger, at the Elysee Palace in Paris, capital of France, Feb. 16, 2010This year, he will attend the opening ceremony of the Shanghai World Expo in China and receive Chinese President Hu Jingtao in Paris, Sarkozy said.To welcome the year of tiger, Sarkozy extended his best wishes to all Chinese nationals living in France.Sino-French friendship is a precious treasure not only for both peoples of the two countries but also for the world, Jean-David Levitte, Sarkozy's foreign affairs adviser, told Xinhua.Besides the Shanghai World Expo, President Sarkozy also plans to meet with his Chinese counterpart Hu during his spring visit to China, in the hope of building up and enriching the traditional friendship between the two nations, Levitte added.This was the first time for France to guest Chinese nationals at Presidential palace for Chinese New Year, said Sun Wenxiong, the adviser of Chinese affairs for the French reigning party Union for a Popular Movement.This activity represented several positive signals, including China's rising profile in the international state, stronger China- France relations and integration of Chinese nationals into French mainstream society, Sun added.   France's President Nicolas Sarkozy delivers a speech at a ceremony celebrating the Chinese New year, the year of Tiger, at the Elysee Palace in Paris, capital of France, Feb. 16, 2010.

NANJING, Jan. 18 (Xinhua) -- Top Chinese legislator Wu Bangguo has urged to accelerate transformation of the mode of economic development, so as to improve sustainable development when fighting the global financial crisis.Wu, chairman of the Standing Committee of the National People's Congress, China's top legislature, made the remarks during his visit to east China's Jiangsu Province from Thursday to Sunday.He called for more efforts for the transformation of the mode of economic development, adjusting economic structure and boosting industrial upgrading."To accelerate transformation of the mode of economic development should be an important goal and strategic measure in carrying out the Scientific Outlook on Development," Wu said.Wu Bangguo (2nd L, front), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the Standing Committee of the National People's Congress (NPC), talks with staff members as he visits COSCO (Nantong) Shipyard in Nantong of east China's Jiangsu Province, Jan. 15, 2010. Wu Bangguo paid a visit in Jiangsu for investigation and research on Jan. 14-17The economic recovery should be based on an optimized and upgraded economic structure, and the fight against global financial crisis be a process of improving sustainablity of development, he said.Wu stressed the importance of bringing in high-level human resources, advanced technologies and management expertise. He also encouraged domestic companies to acquire research and development institutions, sales networks, and famous brands, as well as to build production bases, in foreign countries.Advanced technologies and new economic growth points are needed for transformation of development mode, economic restructuring and industrial upgrading, and also for China to participate in international competition, he said.Wu Bangguo (C), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the Standing Committee of the National People's Congress (NPC), shakes hands with a staff member as he visits WuXi AppTec company in Suzhou of east China's Jiangsu Province, Jan. 16, 2010. Wu Bangguo paid a visit in Jiangsu for investigation and research on Jan. 14-17Wu also called for more efforts to develop emerging industries, including new energy, new materials, Internet of Things, low-carbon technologies and others, "to ensure China will not lose a new round of international economic competition."Human recourses are the key factor of industrial upgrading and nurturing new economic growth points, Wu said."We shall bear in mind that human resources are of utmost importance," he said.Wu visited industrial parks, scientific research institutions and workshops of enterprises in the cities of Nantong, Suzhou and Wuxi.

BEIJING, March 6 (Xinhua) -- China will further improve the formation mechanism of exchange rate of the renminbi, or the country's currency yuan, to keep the exchange rate basically stable at an adaptive and balanced level, the People's Bank of China said Saturday.The central bank made the statement in a report delivered to media during a press conference on the sideline of the annual parliament session.  Zhang Ping, Chairman of National Development and Reform Commission (NDRC), Xie Xuren, the Minister of Finance, Chen Deming, the Minister of Commerce, and Zhou Xiaochuan, governor of the People's Bank of China, attend a news conference of the Third Session of the 11th National People's Congress (NPC) on the enhancement and improvement of macro-economic control held at the Great Hall of the People in Beijing, China, March 6, 2010.

BEIJING, Feb. 7 (Xinhua) -- Chinese Vice President Xi Jinping on Sunday urged improvement of the Party's role in leading the economic work as the country pushes forward transformation of the economic development mode.Xi, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the call at the closing ceremony of a seminar for provincial and ministerial level officials, which began on Feb. 3.Chinese Vice President Xi Jinping (2nd L), also a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau and a member of the Secretariat of the CPC Central Committee, speaks during the closing session of a seminar on the implementation of the Scientific Outlook on Development and the transformation of the mode of economic development in Beijing, capital of China, Feb. 7, 2010. The seminar, attended by the country's provincial and ministerial chiefs, opened on Wednesday at the Party School of the CPC Central Committee in Beijing"As the international environment is experiencing major changes and the country's economic development is showing a series of new characteristics, we must... adapt ourselves to changes and accelerate the transformation of the economic development mode," said Xi, adding that the country should sharpen the competitive edge of its economy amid fierce international competition and meet people's expectations for a better life.He said that in the drive, Party committees must exert full efforts in guidance while Party organizations at lower levels should strengthen their role in implementation with Party members setting examples for others.