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BEIJING, Dec. 2 (Xinhua) -- China on Thursday said it expected a trilateral meeting in Washington next week to ease tensions on the Korean Peninsula, promote dialogue rather than inflame the situation."As the situation on the Korean Peninsula is highly complicated and sensitive, we expect the meeting to ease tensions and promote dialogue, rather than heighten tensions and intensify confrontation," Chinese Foreign Ministry spokesperson Jiang Yu said in a statement Thursday night.Jiang made the statement, referring to a meeting among the foreign ministers of the United States, Japan and Republic of Korea, which is scheduled for next Monday in Washington.
WUHAN, Nov.15 (Xinhua) -- Russia and India Monday reiterated their readiness to coordinate with China as it prepares for the third BRIC Summit and related events in 2011.Russian Foreign Minister Sergei Lavrov and Indian Minister of External Affairs SM Krishna made the statements when they met with Yang Jiechi, Chinese Foreign Minister, on Monday.The ministers expressed their determination to work toward strengthening cooperation within the BRIC group, which was acquiring growing importance.During the meeting, Yang said the three countries could cooperate more in safeguarding security in the Asia-Pacific region.Yang said they should insist on common security, resolve disputes in a peaceful way and work together on non-traditional threats to make further efforts on regional security cooperation.The foreign ministers agreed to push forward trilateral practical cooperation and decided the next trilateral foreign ministers' meeting would be held in Russia in 2011."BRIC" is an acronym for Brazil, Russia, India and China.In recent years, the four nations have strengthened dialogue and cooperation, and held frequent exchanges of views on major issues in the international economic and development fields.During the second BRIC Summit in Brazil this year, Chinese President Hu Jintao announced the next BRIC Summit would be held in China in 2011.

ISLAMABAD, Dec. 18 (Xinhua) -- Chinese Premier Wen Jiabao met with Pakistani President Asif Ali Zardari here on Saturday, and the two leaders agreed to boost the traditional China-Pakistan friendship.Wen said he felt the profound and brotherly feelings of the Pakistani people when he landed in the country for a second time after five years.The Chinese premier, who arrived here Friday, said China values the time-tested friendship with Pakistan and hopes to expand bilateral cooperation.In the new global and regional situation, Wen said China and Pakistan are facing new opportunities and challenges to develop their ties.China will maintain the frequent exchanges of visits by state leaders and increase dialogue at different levels, he said.Visiting Chinese Premier Wen Jiabao (L) shakes hands with Pakistani President Asif Ali Zardari during their meeting in Islamabad, capital of Pakistan, Dec. 18, 2010. The two countries will enhance their strategic coordination, scale up the cooperation of mutual benefit, better safeguard their shared interests and realize common development, Wen said.Regarding the floods which hit Pakistan this summer and caused huge losses, Wen said the Chinese government and people shared the pain of the Pakistani people.China would help the flood-hit Pakistanis to weather through the difficulties and rebuild their homes, the Chinese premier said.Zardari, for his part, said China and Pakistan are true partners and close brothers with multi-dimensional cooperation, holding the same or similar positions on key regional and international issues.The ever-deepening friendship has contributed to the economic development and the social harmony in both countries, and also helped promote regional peace, stability and development, the president said.Wen's visit to Pakistan, which is significant and fruitful, will push the bilateral relations to a new high, he said.Wen arrived here Friday for a three-day visit.
BEIJING, Nov. 10 (Xinhua) -- China's central bank moved a step further to tighten liquidity amid increasing inflation pressures as it ordered Chinese banks to set aside more reserves on Wednesday.The People' s Bank of China, or the central bank, announced it would raise the deposit reserve requirement ratio (RRR) for Chinese financial institutions that accept deposits by 50 basis points from Nov. 16, which was estimated to freeze more than 300 billion yuan (45.1 billion U.S. dollars).The order came on the eve of Thursday's release of China' s October consumer price index (CPI), which is projected, by some economists, to reach 4 percent.The RRR for the four big state-owned banks - the Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China - will stand at 18 percent once the rise takes effect.Further, Wednesday's move will raise the deposit reserve ratio for other large financial institutions to 17.5 percent and that for small-and medium-sized financial institutions to 15.5 percent.The adjustment is the fourth RRR increase the central bank has ordered for Chinese banks this year, and the first time it has done so since it hiked interest rates by 0.25 percentage points last month.Chinese experts believe combined concerns, ranging from the looming hot money inflows caused by the United State quantitative easing to the growing inflation risks and soaring assets bubbles, have caused the central bank to raise the RRR to rein in liquidity."The central bank announced interest rates hikes and the RRR rise within one month, as the U.S. 600 billion-US-dollar quantitative easing is likely to send more speculative capital flowing to the emerging markets, and domestic commodities prices continue to increase, " senior economist with the Asian Development Bank, Zhuang Jian said, adding that the RRR increase will trim the banks' credit capital, which will help curb market speculation inflows and stabilize commodities prices.China's central bank, on Oct. 20, announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points, the first interest rates hike in three years, as the nation's CPI hit a 23-month high to 3.6 percent in September.October's CPI is due to be announced on Thursday, while economists anticipate the October year-on-year inflation is likely to rise to 4.1 percent.Further, prices of China' s edible farm produce have witnessed consecutive increases since mid-October, as prices of 18 types of vegetables in 36 large and medium-sized cities rose by 4.9 percent during the week that ended Nov. 7, according to data released Wednesday by the Ministry of Commerce.Zhang Ping, head of the National Development and Reform Commission, said Tuesday that the nation's CPI is expected to exceed the government' s annual target of 3 percent.Also, the nation's real estate prices continued the upward trend in October, though at a slower pace, with property prices in 70 major Chinese cities increasing by 8.6 percent year on year in October, down from the 9.1-percent increase in September, the National Bureau of Statistics showed Wednesday.Li Huaiding, analyst with the Guoxin Securities Co., said Wednesday's rise would contribute to scaling back liquidity, but pressures still exist in the upcoming months, and the central bank may again increase interest rates before the end of the year.Additionally, the central bank said in a report issued on Nov.2 that it would gradually normalize the monetary policy from its counter-crisis mode and tighten control over liquidity to maintain moderate credit growth in the coming months this year.
BEIJING, Jan. 14 (Xinhua) - While China disagrees with the so-called "Group of Two" (G2), its cooperation with the United States is indispensable for finding solutions to many problems of the world, said Vice Foreign Minister Cui Tiankai Friday.At the second Lanting Forum, Cui spoke highly of the cooperation the two countries have conducted and called for further coordination in more areas."Both China and the United States are countries of major influence on international affairs. The two countries have conducted effective consultation and coordination in dealing with regional conflicts, fighting against terrorism, maintaining the international nonproliferation mechanisms and coping with major international issues," Cui said.He said the two countries made important contributions to help the Asia-Pacific region and the world work their way out from the financial crisis. Their active coordination promoted the successful holding of the United Nations Framework Convention on Climate Change (UNFCCC) high-level negotiations in Copenhagen and Cancun.The two countries also share same demands in maintaining peace and stability on the Korean Peninsula and working for its denuclearization, Cui said, noting the two countries are negotiating with all parties to ease the situation.Saying no country could handle the emerging global challenges without effective international cooperation, the vice foreign minister said it is also a common will of international society that the two countries would join hands and make more contribution for the world's peace and common development.The Lanting Forum, initiated by the Ministry of Foreign Affairs, is a platform for communication and exchanges between government, the business community, academia, media and the public.The Forum aims to create a new channel to facilitate discussions on foreign policies and issues of common interest by interested parties.The theme of the second Lanting Forum is "China-US Relations in the New Era."
来源:资阳报