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NEW YORK, Sept. 22 (Xinhua) -- Chinese Premier Wen Jiabao said on Wednesday that China and the United States should positively carry out a large-scale economic and trade cooperation.When meeting celebrities from the U.S. economic and financial community, Wen said political and strategic mutual trust should be the precondition of such cooperation.Since the establishment of diplomatic ties 31 years ago, China and the United States have developed a lot more common interests than differences. The two countries have strengthened strategic mutual trust, widened the basis for cooperation and deepened interdependence, Wen said.He said a sound and stable Sino-U.S. economic and trade relationship is in line with the fundamental interests of both countries.The total trade volume was 2.5 billion U.S. dollars when diplomatic ties were forged in 1979, while the figure has surged to over 350 billion dollars at present, Wen said, adding that it signified the bilateral economic and trade relationship has kept a sound momentum.China became the third biggest market for U.S. exports in 2009. Over the past three decades, the U.S. enterprises have altogether invested over 62.2 billion dollars in 58,000 projects in China, and in 2008 alone, their profits amounted to approximately 8 billion dollars, according to the official data provided by the Chinese government.Wen said the RMB exchange rate isn't responsible for the mounting U.S. trade deficits. The reason lies in the structure of Sino-U.S. investment and trade. Both countries should carry out a large-scale trade investment cooperation based on equality, mutual trust and mutual benefit.China has taken it as its national strategy to expand domestic demands, protect intellectual property rights and promote sustainable development, Wen said.Foreign companies in China have always enjoyed national treatment and are welcomed to play a more active role in boosting China's development, he added.During the discussion, participants from the U.S. side, including former U.S. Secretary of State Henry Kissinger and former Treasury Secretary Robert Rubin, also called for closer cooperation between the two countries, adding that China is a stabilizing factor for global economic and financial system.They said the development of a sound U.S.-China economic and trade relationship would benefit both sides. The two countries should hold dialogues in wider aspects and properly handle their frictions.During Wen's three-day visit here, he will address the UN summit on the Millennium Development Goals (MDGs), the general debate of the 65th session of the UN General Assembly, a summit of the UN Security Council member states and a high-level discussion panel on AIDS and MDGs.He will also meet some world leaders, UN Secretary-General Ban Ki-moon, Sino-U.S. friendship groups, overseas Chinese representatives and foreign media in New York.

SHANGHAI, Oct. 7 (Xinhua) -- The Shanghai municipal government issued new rules Thursday limiting families to one new apartment purchase, as the nation tries to curb property speculation and soaring prices."One family in Shanghai, whether local or immigrant, can only buy one new home, including a second-hand one, for the time being," said a circular released by the municipal government.The new rule came into effect Thursday. The Chinese capital, Beijing, introduced the same measure on April 30.Shanghai authorities also ordered banks to suspend loans for third-home buyers and non-local buyers who could not prove they had paid personal income taxes or made social security contributions in the city for at least one year, the circular said.Local authorities would also start preparing for the introduction of a property tax, it said, without providing further details.A land-appreciation tax of 5 percent on the selling price would also be imposed on property developers if they sold residential buildings at an average price that was more than twice the average price of the previous year in the same area.Shanghai's new rules follow a series of measures announced by the Chinese central government in late September to check soaring property prices.The measures included the suspension of bank loans for third-home purchases in the near future and an adjustment in down payments for all home buyers.All home buyers will have to pay a down payment of at least 30 percent of the purchase price, according to the new rules.Previously, according to rules issued on April 17, only first-time buyers purchasing an apartment covering more than 90-square-meters had to pay a 30 percent down payment.On the same day, sources within several departments of the central government told Xinhua that property tax pilot programs will be stepped up and then extended across the entire country.

NANJING, Oct. 4 (Xinhua) - Three months after high school, 18-year-old Wang Mingyuan landed a part-time job in KTK Group, one of China's leading railway components manufacturers, in east China's Jiangsu Province.Unlike other migrant workers, Wang also started a three-year vocational school education at the same time, thanks to the work-study program launched this year by the Jiangsu provincial government.The program offers employment opportunities in high-technology and community-service fields to vocational school students. Currently, Wang works three days of each week in the company and spends another two days as a student, learning computer science and engineering."I felt very depressed about the future when I knew I failed the college entrance exam. But after attending the work-study program, I think if I work hard, I may fare as well as those with college educations," Wang said."Through the program, I could gain career-related, on-the-job work experience, which is valuable for my job hunting and career development," he continued.For a long time, college has been seen as a necessary, even if not sufficient, ticket to the middle class by the Chinese people. However, the steadily increasing number of students attending Chinese colleges since the late 1990s caused a growing number of graduates to fail in finding a job.In contrast, skilled workers are badly needed in China as skilled job vacancies hit 4 million across the country by the end of 2009."As the country's industrial restructuring accelerates, the demand for skilled workers will become increasingly buoyant," said Huo Jianguo, director of the Trade Research Institute affiliated with the Ministry of Commerce.On the one hand, the employment market ran short of skilled workers. On the other hand, China's employment situation remained grave as millions of people were laid off, Huo said.

BEIJING, Oct. 14 (Xinhua) -- The value of yuan, China's currency Renminbi, hit new high against U.S. dollar Thursday as the central parity rate of the yuan was set at 6.6582 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Thursday's central parity rate beat the previous record of 6.6693 on Oct. 13.

BEIJING, Oct. 22 (Xinhua) -- China's top political advisory body decided Friday to commemorate the 100th anniversary of the 1911 Revolution in 2011.The decision was announced on the last day of the 11th session of the Standing Committee of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC).The 1911 Revolution, led by Dr. Sun Yat-sen, broke out on Oct. 10, 1911. It overthrew the Qing Dynasty (1644-1911), ending thousands of years of Chinese feudalism.Separately, Jia Qinglin, chairman of the CPPCC National Committee, said at the meeting all attendees agreed with the Communist Party of China (CPC) Central Committee proposal for the nation's next five-year program.Jia said all CPPCC National Committee members should learn and understand the proposal to ensure China realizes the transformation of its economic development pattern.The CPPCC will continue to make further efforts to help implement the 12th Five-Year Program, Jia said.Also Friday, Jia said at a group study meeting of the CPPCC National Committee that members and organizations of the CPPCC have made great efforts to promote economic and cultural exchange with Taiwan compatriots."It is necessary for CPPCC members to make a good use of our advantages with wide connections, be ready to offer advice and suggestions, and carry out and promote exchange between compatriots across the Taiwan Strait, so as to enhance understanding and trust, and make contribution to advancing peaceful reunification of our motherland," said Jia.

来源：资阳报