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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.
BEIJING, May 7 (Xinhua) -- Chinese Premier Wen Jiabao on Friday pledged to work with Bosnia and Herzegovina to enhance the bilateral relationship between the two nations."We should work together to achieve this goal based on mutual respect, equality and mutual benefit," Wen said during his talks with Nikola Spiric, chairman of the Council of Ministers of Bosnia and Herzegovina.Hailing the traditional friendship between the two nations, Wen said China respects the independence, sovereignty and territorial integrity of Bosnia and Herzegovina, and respects its peoples's choice of their development path.Wen hoped the western Balkan region would achieve lasting peace and stability.Wen said trade and economic cooperation between the two countries has good prospects. The Chinese government encourages reputable companies to invest in Bosnia and Herzegovina and to participate in its economic construction.He welcomed Bosnian enterprises to further develop the Chinese market and expand exports to China.Both sides should make joint efforts to promote cultural, educational and tourism exchanges to enhance mutual understanding between the two peoples and friendship, he said.Spiric thanked China for its valuable support and help.Bosnia and Herzegovina attached importance to China's development, and wished to strengthen its friendly and cooperative relations with the country, he said.Bosnia and Herzegovina is willing to maintain high-level exchanges with China and will continue to firmly support China in major issues concerning China's core interests.Spiric hoped to work with China to strengthen cooperation in economy and trade, infrastructure construction, education, cultural exchanges, and welcomed Chinese enterprises to invest in Bosnia and Herzegovina.Bosnia and Herzegovina welcomes Chinese people to visit the country, he added.After their talks, Wen and Spiric witnessed the signing of cooperation documents between the two countries.China's top political advisor Jia Qinglin met with Spiric later on Friday, applauding the country's adherence to the one-China policy.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), said the CPPCC would increase exchanges and cooperation with the country's parliament, to contribute to the development of bilateral ties.Chinese vice premier Zhang Dejiang also met with Spiric Friday evening, hoping the two sides would expand cooperation in construction of highways and power plants.Spiric is the first prime minister of Bosnia and Herzegovina to visit China since the two countries forged diplomatic ties 15 years ago.Spiric will also visit Shanghai to attend the National Pavilion Day of Bosnia and Herzegovina, and tour Xi'an, capital of northwest China's Shaanxi province.

SHANGHAI, April 28 (Xinhua) -- After nearly eight years of preparation and six rounds of trial operation, Shanghai is ready for the 184-day World Exposition which opens May 1.Some 189 countries and 57 international organizations have confirmed their participation in the largest-ever expo which is expected to attract more than 70 million visitors from all over the world.During the expo trial, more than one million people savored the charms of the marvelous pavilions at the World Expo site.Yang Xiong, executive vice mayor of Shanghai, said Wednesday, through the expo trial, the organizers gained experience, found problems and made adjustments."We examined facilities, improved systems, trained staff and improved services thanks to the trial rounds," he said.
JEJU, South Korea, May 29 (Xinhua) -- Leaders of China, Japan and South Korea on Saturday issued a document outlining a blueprint for cooperation within the coming 10 years.Chinese Premier Wen Jiabao, South Korean President Lee Myung-bak and Japanese Prime Minister Yukio Hatoyama, who are meeting in South Korea's southern resort island of Jeju for an annual trilateral summit, made joint pledges to further trilateral cooperation in such areas as economy, security, environmental protection and cultural exchange.The leaders of the three nations agreed that after making clear the detailed objectives and long-term goals within the next decade, all sides need to concentrate efforts on boosting trilateral cooperation to a new height, so as to further consolidate partnership, achieve more in mutually beneficial cooperation in all aspects and enhance friendship between the peoples of the three countries.Chinese Premier Wen Jiabao (R), South Korean President Lee Myung-bak (C) and Japanese Prime Minister Yukio Hatoyama shakes hands before the third trilateral summit in South Korea's southern resort island of Jeju on May 29, 2010. Leaders of China, Japan and South Korea met in the trilateral summit with the aim of mapping out future cooperation in East Asia.The three leaders agreed to set up a more cooperative mechanism to increase strategic mutual trust, which involves setting up a trilateral cooperation secretariat in South Korea in 2011 to jointly tackle natural disasters, discuss the possibility of a mechanism of trilateral defense dialogue to enhance security contacts, strengthen political dialogue and cooperation in police affairs, and boost government exchanges at local levels among the three nations.
WASHINGTON, May 15 (Xinhua) -- Forty-six U.S. business executives, led by U.S. Commerce Secretary Gary Locke, began a 10-day trip to China Saturday to promote clean energy technologies, which in Locke's words, will be a win-win scenario for both countries.The delegation, the first cabinet-level trade mission of the Obama Administration, will make stops in Hong Kong, Shanghai and Beijing."We hope to have various signing ceremonies throughout the trip," Locke said before departing the U.S.A MISSION TO PROMOTE EXPORTS OF U.S. CLEAN ENERGY TECHNOLOGIESThe mission comes on the heels of the Obama administration's National Export Initiative, which seeks to double American exports over the next five years -- supporting some two million new jobs in the process.According to the U.S. Commerce Department, the mission aims to promote exports of leading U.S. technologies related to clean energy, energy efficiency, and electric energy storage, transmission, and distribution."Energy is a 6 trillion dollar market. And green energy is the fastest growing sector. The race to develop the new technologies the world will one day rely on is a race that this nation and all developed nations must engage in," Locke told reporters at a press conference Wednesday.The top U.S. trade official said the increased trade with China, especially cooperation on clean energy sector, benefited both countries."Every American should know that when a U.S. clean energy company finds success abroad, it creates more jobs here at home in the United States," Locke said. "In fact, some of the companies on this trip produce over 90 percent of the components for the products that they sell overseas right here in the United States."The trade mission was an opportunity for win-win scenarios for American companies, American workers and the people and the governments of China, he said.ECONOMIC AND TRADE FRICTIONS TO CONTINUE AS COOPERATION DEEPENSAccording to statistics released by the Chinese government, bilateral trade between China and the United States grew 9 percent a year in the past five years.Currently, the U.S. stands as China's second largest trading partner, the second largest export market and the sixth largest source of imports. China is the second largest trading partner of the U.S., its third biggest export market and its number one source of imports.While the two countries enjoy enormous cooperation opportunities in many areas, the U.S. Commerce Department has imposed a series of tariffs on Chinese products and many Chinese companies complain they have been affected by the rising protectionist measures taken by U.S. government.Locke rebuffed these complaints, saying he had explained to Chinese officials it was not the United States government that brought the cases."It's not the policy of the United States government to file these cases. These cases are filed by companies within the United States who feel that the actions of a company from another country (were affecting them)," he told Xinhua.He also noted that less than 3 percent of all goods sold from China into the United States were subject to duties in question."So 97 percent of all the goods coming from China are without any type of penalties or dumping duties or counter-veiling subsidies," Locke said. "We should not focus on the number of complaints."Many Chinese officials have argued the U.S. export control against China has already limited their access to the Chinese market.They believe the achievement of trade balance between the two countries rests not with restricting China's exports to the U.S., but with increasing U.S. exports to China.Secretary Locke echoed the opinion.While he insisted that national security should be the U.S.'s overriding objective, he also admitted "there are so many things now that are on the various control lists that really should not be on the control list."He also told reporters the U.S. government was reviewing its high-tech control systems and the result would be announced in the next few months.He said the current system had strong protections for both sophisticated technologies that could affect U.S. national security, and technologies that were readily available from around the world, which really made no sense?"So we need to reduce those restrictions and make it easier for those items to be exported," Locke said.
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