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BEIJING, May 8 (Xinhua) -- Chinese President Hu Jintao, while meeting in Moscow on Saturday with Russian veterans who fought Japanese aggressor troops in Northeast China in August 1945, honored their great contributions.The honor-awarding ceremony reminds the world again that both the Chinese and Russian peoples value their friendship forged in the anti-fascist war 65 years ago.In August 1945, the Soviet Red Army marched into China's northeast provinces and joined the Chinese army in combat with the aggressors to help wrap up the eight-year Anti-Japanese War (1937-1945). Chinese President Hu Jintao (front L) meets with representatives of the Russian war veterans who helped China battle Japanese troops in the World Anti-Fascist War, in Moscow, capital of Russia, May 8, 2010According to the Russian Embassy in China, China is home to 74 memorials commemorating around 34,500 Soviet soldiers who lost their lives in the military operations 65 years ago.It has been 65 years since the end of World War II, yet history will always remember the great contributions and sacrifices made by both the Chinese and Soviet peoples.

PRETORIA, March 30 (Xinhua) -- Top Chinese political advisor Jia Qinglin on Tuesday discussed with South African President Jacob Zuma on seeking stronger bilateral relations and coordinating the two countries' stances on climate change.Jia first extended the warm greetings and good wishes of Chinese President Hu Jintao to Zuma, who in return conveyed his greetings to Hu. Hu and Zuma have met several times on the sidelines of the international summits since Zuma took presidency last May.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top advisory body, was making the visit at the invitation of the National Council of Provinces of South Africa. Jia held talks with Mninwa Mahlangu, chairman of the National Council of Provinces of South Africa, at Cape Town Monday.Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), shakes hands with South African President Jacob Zuma during their meeting in Pretoria, South Africa, on March 30, 2010Zuma said Jia's visit was of great significance to boost bilateral relationship and called on both sides to take the opportunity of the visit to expand substantial cooperation and bring bilateral strategic partnership to a new high.On bilateral relations, Jia reviewed the growth of China- Africa relationship since the two countries established diplomatic ties in 1998, highlighting frequent visits, stronger political trust, enhanced economic cooperation and more solid public foundation.

BEIJING, May 29 -- The Asian Development Bank (ADB) has called on Asian economies to strengthen their infrastructure investment through an effective financing framework to achieve higher and more sustainable growth.To that end, the bank said that as much as 0 billion would have to be invested annually in infrastructure across the region from 2010 to 2020. This means that around .25 trillion would be invested in that period in national and cross-regional infrastructure projects."In view of Asia's enormous untapped economic potential and the global financial crisis, now is the time to build efficient and seamless connections across Asia and with the rest of the world for a more competitive, prosperous and integrated region," said Masahiro Kawai, dean and CEO of the ADB Institute.A man working at the construction site of a railway line in Hainan province. The required infrastructure investment in the next 10 years is expected to produce income gains of about trillion across Asia.To meet the financing needs, the region could build an effective framework to mobilize its vast domestic savings as the main source, while encouraging private financing and participation involving public-private partnerships through "bankable" projects, said Kawai.He also suggested the strengthening of national and regional local currency bond markets, notably through the Chiang Mai Initiative, the Association of Southeast Asian Nations + 3 bond market initiative, and the Asian Bond Fund.

WASHINGTON, April 21 (Xinhua) -- Powered by strong domestic demand, China's economy is expected to grow by 10 percent in 2010, said the International Monetary Fund (IMF) on Wednesday."In China, GDP growth exceeded the government's 8 percent target in 2009 and is expected to be close to 10 percent in both 2010 and 2011. What has been so far mainly a publicly driven growth path, built on infrastructure investment, is expected to turn toward stronger private consumption and investment," said the IMF in its latest World Economic Outlook report."Boosting domestic consumption will be a priority in China, through improved access to finance for small enterprises and households and stronger corporate governance and social safety nets to reduce precautionary saving," said the IMF.According to the report, in which the IMF said Asia's GDP is projected to grow by 7 percent in both 2010 and 2011, the strength in final domestic demand in China is expected to have positive spillovers for other Asian economies, particularly exporters of commodities and capital goods.In the report, the IMF said "the global recovery has evolved better than expected, with activity recovering at varying speeds, tepidly in many advanced economies but solidly in most emerging and developing economies."The world economy, which declined by 0.6 percent in 2009, will recover gradually in 2010 and 2011, growing by 4.2 percent and 4.3 percent respectively, said the IMF.