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WASHINGTON, July 29 (Xinhua) -- The cooperation between the United States and China has never been so important as it is now, and the just-concluded U.S.-China Strategic and Economic Dialogue (S&ED) has provided a platform to reinforce common interests, a senior U.S. official has said in an exclusive interview with Xinhua. "We have broadened the dialogue ... and the S&ED is a new approach towards the U.S.-and-China relations," David Loevinger, Treasury executive secretary and senior coordinator for China Affairs and the U.S.-China Strategic and Economic Dialogue, told Xinhua on Tuesday night. "There was a common understanding that U.S.-China cooperation and engagement on economic issues have never been so important because of the challenges that we face in the global economy and global financial market right now," said Loevinger. He said he was struck by the fact that both sides have so much in common in the discussion. "The U.S. and China have a very similar outlook on the global economy and adopted very similar policy response," said Loevinger, once a Treasury Department's Financial Attache in China. "Both U.S. and China act very quickly and aggressively on global economic crisis." "The monetary and fiscal stimulus in both countries was among the most aggressive and most far-reaching of any major economy," he also noted. However, during the dialogue, China also expressed its concern over the security of its heavy investment. So far, China has invested more than 1.5 trillion dollars in the United States government-issued securities. "We are deeply concerned about the security of our financial assets in the United States," Zhu Guangyao, China's assistant finance minister, told Xinhua. Wang Qishan, Chinese vice premier and co-chair of the S&ED, also urged the United States to protect China's assets during the dialogue. Loevinger indicated that the United States understands China's concern and explained to the Chinese side the U.S. monetary and fiscal policies during the two-day dialogue, which ended on Tuesday. "(Federal Reserve) Chairman Bernanke talked about the Federal Reserve's approach to U.S. monetary policy," Loevinger said, referring to an op-ed Bernanke published last week in the Wall Street Journal, in which he talked about tightening monetary policy to prevent the emergence of an inflation once economic recovery is assured. "Bernanke discussed many of these issues with China," he added.
URUMQI, Sept. 5 (Xinhua) -- The party chief of Urumqi and police chief of northwest China's Xinjiang Uygur Autonomous Region were removed from their posts Saturday. The removal came after the July 5 riot in Urumqi which left 197people dead and following syringe attacks in the city that caused panic among the public. Li Zhi, 59, secretary of the Urumqi Municipal Committee of the Communist Party of China (CPC), was replaced by Zhu Hailun, 51, secretary of the CPC Xinjiang Autonomous Regional Political and Legislative Affairs Committee, according to a decision by the CPC Xinjiang Autonomous Regional Committee and approved by the CPC Central Committee. Li was appointed the Urumqi party chief in November, 2006. Also on Saturday, Xinjiang's police chief Liu Yaohua was replaced by Zhu Changjie, party chief of Xinjiang's Aksu Prefecture. Deputy Mayor of Urumqi Zhang Hong speaks during a news conference in Urumqi, capital city of northwest China's Xinjiang Uygur Autonomous Region, Sept. 4, 2009. Zhang Hong said on Friday the situation was basically under control in the city. SYRINGE ATTACKS Fresh protests broke out this week after hundreds of Urumqi residents reported that they were stabbed by syringes. Five people were dead and at least 14 people hospitalized over injuries in the protests. Tens of thousands of people took to the streets to protest against the syringe attacks and demand security guarantees. By Thursday, local hospitals had dealt with 531 victims of hypodermic syringe stabbings, 106 of whom showed obvious signs of needle attacks. Chinese military medical experts on Saturday ruled out the possibility that radioactive substance, anthrax and toxic chemical were used in recent syringe attacks in Urumqi City. "According to the preliminary test results, such possibilities can be ruled out," said Qian Jun, director of Disease Control and Biological Security Office with China's Academy of Military Medical Sciences. Qian said he, along with other five medical experts from the military, had examined medical records of more than 200 victims since Friday. Samples had been sent to Beijing for further test, Qian added. Xinjiang police has captured 25 suspects amid the syringe scare, of whom seven are in police custody, four were arrested and four others were referred for criminal prosecution. Four suspects, three men and one woman, have been prosecuted for endangering public security, said Wutkur Abdurahman, procurator general of the city's procuratorate Saturday. The four, all from the Uygur ethnic group, were involved in three cases. Two suspects threatened a taxi driver with a syringe and robbed him, one suspect allegedly inserted a pin into a woman's buttock at a roadside fruit stall, and the other injured police when resisting arrest with a syringe that contained drug. SOCIAL ORDER BACK TO NORMAL Xinhua reporters witnessed Saturday that most of the buses in Urumqi had resumed operation. People could be seen on buses, some of which were even a bit crowded. Many were waiting at bus stops. A large number of customers could be seen at the Carrefour Supermarket at Nanhunanlu Road. Long queues were seen in front of the cashiers at noon. In Hepingnanlu Road and Xinhuananlu Road, areas mainly inhabited by people of Uygur ethnic group, shops on both sides of the roads have resumed operation. Situation in Urumqi came under control Friday, as there were no major protests in the city. Small crowds, which gathered "in a fewlocations," were soon dispersed, said Executive Deputy Mayor ZhangHong. E(Xinhua correspondents Zhang Zongtang, Cao Kai, Liu Hongpeng, Huang Yan, Ding Jiangang contributed to the story.)

BEIJING, Sept. 27 (Xinhua) -- China will welcome more foreign experts to participate in the country's economic and social development, said Vice Premier Li Keqiang on Sunday. "The development and achievements China made in the past 60 years have been the result of the united efforts of the Chinese people of all ethnic groups, together with the hard work and dedication of numerous foreign experts," said Li. Chinese Vice Premier Li Keqiang (4th R) attends a reception for the foreign experts working in China on the eve of the 60th anniversary of the founding of the People's Republic of China, at the Great Hall of the People in Beijing, capital of China, Sept. 27. Li made the remarks while addressing a reception on the eve of the 60th anniversary of the founding of the People's Republic of China. Some 1,800 foreign experts and Chinese officials attended the reception. The number of overseas experts working in China continued to rise, reaching 480,000 tours of duty in 2008, he said. "They provide strong expert support for the economic and social development of China," said Li. Chinese Vice Premier Li Keqiang speaks during a reception for the foreign experts working in China on the eve of the 60th anniversary of the founding of the People's Republic of China, at the Great Hall of the People in Beijing, capital of China, Sept. 27. (Xinhua/Liu Weibing China set up the Friendship Award in 1991, the country's highest award for foreign experts, to award those who have made outstanding contributions to China's economic and social progress. "The Chinese government will further deepen the reform and opening up......widely attract and gather international personnel, and conduct international exchanges and cooperation in an ever-broader scope, in a wider range of fields and at higher levels than before," said Li. Chinese Vice Premier Li Keqiang (L, front) toasts with Chinese-American physical scientist and Nobel Prize winner Yang Zhenning (R, front) during a reception for the foreign experts working in China on the eve of the 60th anniversary of the founding of the People's Republic of China, at the Great Hall of the People in Beijing, capital of China, Sept. 27With regard to China's economic development, Li said China's stimulus measures adopted to deal with the global financial crisis was producing results, however, the foundation for the recovery of the Chinese economy was not solid yet. China would maintain the continuity and stability of its macro-economic policy, deepen economic restructuring, expand domestic demand and promote renovation and transformation of economic development mode, so as to push for the long-term steady and fast economic growth and overall social progress, Li said. Chinese Vice Premier Li Keqiang (2nd L, front) attends a reception for the foreign experts working in China on the eve of the 60th anniversary of the founding of the People's Republic of China, at the Great Hall of the People in Beijing, capital of China, Sept. 27.
HANOI, Aug. 28 (Xinhua) -- The Communist Party of Vietnam Central Committee General Secretary Nong Duc Manh met with a Communist Party of China (CPC) delegation here on Friday. The Chinese delegation is headed by He Yong, member of the Secretariat of the CPC Central Committee and deputy secretary of CPC Central Commission for Discipline Inspection. During the meeting, Manh said Vietnamese party, government and people treasure the friendship with China. He said developing the Vietnam-China friendly relations serves the common interests and aspirations of the two peoples. Manh said Vietnam would like to work together with China to enhance support for each other, deepen friendly cooperation of the two parties and two countries, and advance the bilateral comprehensive strategic cooperative partnership in a healthy and steady manner. Manh said Vietnam is pleased to see that China has overcome various difficulties and challenges brought by the global financial crisis and achieved stable and relatively fast economic growth. Vietnam would like to share with China the experiences of dealing with global financial crisis as well as those of the reform and open-up causes. For his part, He said in the past few years, China and Vietnam have seen frequent visits of high-level officials, strengthened mutual political trust, great outcomes on economic and trade cooperation and deepened exchanges of experiences in governing the party and the nation. He said the two parties have also witnessed increased exchanges and cooperation in discipline inspection and fighting corruption. He said China and Vietnam will celebrate the 60th anniversary of the founding of diplomatic ties next year and at the same time embrace the Year of Friendship. He said China would like to work together with Vietnam to take this opportunity to enrich bilateral comprehensive strategic cooperative partnership, further strengthen strategic mutual trust, deepen cooperation of mutual benefits, promote common development and push forward the relations of the two parties and two countries to a new stage. He conveyed the greetings and best wishes from Hu Jintao, General Secretary of the CPC Central Committee and Chinese President to Manh. Manh asked He to pass his best wishes to Hu. He congratulated China on the 60th anniversary of the founding of the People's Republic of China which is to fall on October 1. He said he believed Chinese people will make even greater achievements under the leadership of the CPC with Hu as the general secretary of the central committee. He arrived in Vietnam on Tuesday at the invitation of the Communist Party of Vietnam.
BEIJING, Oct. 5 (Xinhua) -- The Emerging Markets magazine has named China's Finance Minister Xie Xuren as Finance Minister of the Year, Asia 2009, the Ministry of Finance said Monday at its website. The Emerging Markets believes that China's quick and proactive fiscal policies implemented in the past year have boosted economic growth and made contributions to global economic recovery, the ministry said. In a written interview with the magazine, Xie said since the outbreak of the global financial crisis last year, the Chinese government timely and resolutely adjusted its macro-economic polices, carried out proactive fiscal and moderately easy monetary policies, and approved plans aiming to spur domestic consumption. China's Finance Minister Xie Xuren (L) meets with World Bank Group President Robert B. Zoellick ahead of the World Bank Group and the International Monetary Fund (IMF) annual meetings in Istanbul, Turkey, Oct. 5, 2009. The 2009 Annual Meetings of the World Bank Group and the IMF are scheduled to be held in Istanbul on Oct. 6 and 7. China's gross domestic product grew 7.1 percent in the first half of this year, which proved those policies were effective, said Xie. He told the magazine that an overall recovery in the global economy would be slow with twists and turns, and that China's economic recovery was still unstable and imbalanced. But China would stick to the proactive fiscal and moderately easy monetary policies, while focusing on the longer-term development and economic restructuring, he said. Emerging Markets is part of Euro money Institutional Investor plc. It provides a broad range of news, features, analysis for investors, bankers, brokers working in the developing world.
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