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BEIJING, May 20 (Xinhua) -- As the curtain is about to rise on the upcoming second round of the China-U.S. Strategic and Economic Dialogue (S&ED), to be held in Beijing on May 24-25, the world's attention will again focus on the Chinese capital.Chinese Vice Foreign Minister Cui Tiankai said Thursday that in order to achieve positive results from the dialogue, China will strengthen communications, enhance mutual trust and deepen cooperation with the United States.Analysts say this round of talks is of special significance because it signals a new consensus reached by the two sides after overcoming certain obstacles in their relationship.MOVING TOWARDS THE SAME DIRECTIONThe history of Sino-U.S. relations is full of twists and turns, so every step forward and every turn for the better is precious.The second S&ED will be another positive turn for both nations after they overcame a number of complicated problems in their relations.After Barack Obama took over the White House last year, Sino-U.S. relations got off to a good start. Under a consensus reached by President Hu Jintao and Obama in London in April last year, the first S&ED was successfully held in Washington in July of that year and achieved fruitful results.However, from the end of 2009 to the beginning of 2010, Sino-U.S. relations had been seriously interrupted and bilateral cooperation greatly affected by a series of events, including the U.S. arms sales to Taiwan and U.S. leaders' meeting with the ** Lama.At that time, many outside observers doubted whether Washington would be able to cease those interruptive actions and pave the way for achieving positive results at the second S&ED.In April, Hu met Obama in Washington while attending the Nuclear Security Summit. During that meeting, Hu put forward a five-point proposal for developing Sino-U.S. relations, and called for "respecting each other's core interests and major concerns and ensuring healthy and stable development of Sino-U.S. relations."Obama responded positively to the proposal, promising to build a stronger U.S.-China relationship, respect China's core interests, and carefully handle sensitive issues.The meeting was widely believed as a successful one that was significant to the development of Sino-U.S. relations."The recent improvement in Sino-U.S. relations is of course related to China's firm insistence on its right positions," said Zhou Shijian, a senior fellow at the Sino-U.S. Relations Research Center of Qinghua University.In recent days, U.S. Ambassador to China Jon Huntsman also said frankly in Washington that due to certain decisions such as the arms sales to Taiwan made by the Obama administration earlier this year, the U.S.-China relationship went through many difficulties and challenges for several months. But that difficult period has gone, and the bilateral relations have entered a new phase.UNIQUE SIGNIFICANCE OF A UNIQUE MECHANISMIn a recent interview with Xinhua, Taiya Smith, the former lead negotiator for the U.S.-China Strategic Economic Dialogue at the U.S. Treasury Department, likened the two countries to two giant ships in the sea.She said when the two ships sail toward each other, they need to know the other's course. The S&ED is a unique mechanism to serve that purpose.Under the mechanism, the two countries are able to hold serious discussions once a year on strategic, comprehensive and long-term issues of mutual interest so that they will be able to deepen mutual understanding, enhance mutual trust and promote cooperation.Many analysts agree that this round of dialogue will be significant both for bilateral relations and the world situation as a whole.
GUANGZHOU, April 18 (Xinhua) -- A research report of China's foreign trade sector Sunday predicted the world's largest exporter would more than double its foreign trade volume by 2020.It also called on China to improve the quality of foreign trade sector and to lower import tariffs to promote the nation's trade balance.The report, launched by the Ministry of Commerce (MOC) Sunday at the ongoing 107th China Import and Export Fair, the country's largest trade fair held in the southern city of Guangzhou, predicted the China's foreign trade volume would hit 5.3 trillion U.S. dollars by 2020.Merchandise exports will top other countries and be 2.4 trillion U.S. dollars in 2020, 10.1 percent of the world total, while imports will reach 1.9 trillion U.S. dollars and rank second largest, accounting for 8.2 percent of the world total, according to the report, jointly compiled by researchers with think-tanks under the MOC, the Ministry of Finance, and the Chinese Academy of Social Sciences.The report was seen by analysts and officials as a "road map" which lays out a theoretical basis for the reforms in China's trade policies and mechanisms over the next decade.The transformation of the foreign trade growth pattern has become an urgent requirement for China in the post-crisis era, said Vice Minister of Commerce Zhong Shan.Weighed on by the global downturn, China's foreign trade contracted to a three-decade low in 2009, with total volume down 13.9 percent year on year to 2.2 trillion U.S. dollars.Huo Jianguo, director of the Chinese Academy of International Trade and Economic Cooperation (CAITEC) under the MOC, said the financial crisis has revealed a series of substantial problems hidden behind rosy figures, as the nation's foreign trade has been expanded in an ineffective and imbalanced way, or at the cost of environment pollution.Analysts said the downturn had prompted China to adjust its exports structure, and shift focus on high-end manufacturing, energy-saving and environment-friendly industries and developing modern service industries.Li Gang, a research fellow with the CAITEC and leading writer of the report, said the global downturn has phased out a number of backward and less competitive enterprises while offering great opportunities for innovative enterprises to improve growth structure and strengthen their anti-risk capabilities.Although China reported a a deficit of 7.24 billion U.S. dollars in March, the first time over the past six years, analysts suggested decision makers to further expand imports by lowering tariffs, as a way to ease the nation's trade imbalance.Zhang Peng, a researcher with the Chinese Academy of Social Sciences, said China should increase imports of high-tech equipments, energy and resource products, and some agriculture and consumption goods in an attempt to address the trade imbalance.The nation's trade surplus has reached 1.3 trillion U.S. dollars over the last three decades, with foreign exchange reserves hitting 2.45 trillion U.S. dollars by the end of March, according to Zhang.Propping up world's economy recovery, China's foreign trade began to grow again in the first quarter, jumping 44.1 percent to 617.85 billion U.S. dollars, according to customs data.China would consolidate its position as a big trade power and make efforts to develop into a strong trader, and it would play a more active role in international trade arena, according to Zhong Shan.

SEOUL, May 26 (Xinhua) -- Chinese Premier Wen Jiabao's visit here, starting Friday, will strongly boost the friendly cooperative relationship between China and South Korea, Chinese ambassador Zhang Xinsen told Xinhua in a recent interview.Zhang said Wen's second official trip to South Korea after previously visiting in April 2007 would allow him to exchange views with South Korean leaders on further deepening the strategic cooperative partnership between the two countries. He would also have extensive contacts with various sectors here, which would surely boost the bilateral ties and bear richer fruit in the future.The ambassador said, as good neighbors, China and South Korea had made joint efforts to achieve rapid and all-round development of the bilateral ties since the two countries established diplomatic relations in 1992. In 2008, Chinese President Hu Jintao and his South Korean counterpart Lee Myung-bak successfully exchanged visits and upgraded relations between the two sides to a strategic cooperative partnership. Since then, the exchanges and cooperation between the two countries' various fields have been further deepened.Multi-level communication channels, covering government agencies, parliaments, academic sectors and media, had been established, and high-level exchanges between the two sides also remained frequent, the ambassador said.The two sides also maintained good communication and coordination on issues such as trilateral cooperation among China, Japan and South Korea, integration of East Asia and global climate change under various bilateral and multilateral frameworks, and reached consensus on further strengthening the strategic cooperative partnership, maintaining peace and stability in the region and expanding cooperation in international affairs, he said.In the economic and trade field, two-way cooperation had been broadened and enhanced, Zhang said, noting that China was the largest trade partner, export destination country and import market for South Korea, while the latter was the third biggest trade partner for China. The two countries also worked closely when the world was hit by the global financial crisis, Zhang said, citing the bilateral currency swap accord involving some 28 billion U.S. dollars, in an effort to safeguard regional and global financial stability.Meanwhile, the active people-related exchanges also contributed to deepening mutual understanding and friendship between the two peoples, the ambassador said. This year, during which China is hosting World Expo 2010 in Shanghai, and 2012, in which a similar event will be hosted in South Korea's southern city of Yeosu, were designated as Visit China Year and Visit Korea Year, respectively. More than one million South Koreans are expected to travel to China to visit the Shanghai Expo, and the South Korean Pavilion has become one of the most popular pavilions, Zhang said.China and South Korea, both important countries in Asia and in a crucial stage of development, had a broad prospect of cooperation, the ambassador said.Since uncertainties remained in the global economy, both China and South Korea were adopting effective measures to oppose trade and investment protectionism, accelerate the process of establishing a free trade area between the two countries, and enhance cooperation in finance, green growth and other major fields, he said.Morever, the two counties should continue to play positive roles in trilateral cooperation among China, Japan and South Korea, and multilateral collaboration under the framework of the Association of Southeast Asian Nations (ASEAN) plus three, and should also actively take part in building new structure and new order of the regional and global economy and finance.Zhang said he believed that, thanks to joint efforts by the two countries in further deepening mutual trust, enhancing friendship and strengthening cooperation, the strategic cooperative partnership between the two sides would surely achieve greater development.
BEIJING, May 7 (Xinhua) -- The Chinese government has allocated another 200 million yuan (29.3 million U.S. dollars) to quake relief in the northwest Qinghai Province on top of 500 million yuan already earmarked, the Ministry of Finance said Friday.The funds will support relief efforts, including resettlement, subsidy on daily necessities, medical care, epidemic prevention, re-opening of schools, and infrastructure repairs, according to the ministry's website.The ministry ordered timely allotment and tightened management of the relief funds to help the quake-affected residents to restore production and life as early as possible.The 7.1-magnitude earthquake that hit Qinghai's Yushu prefecture on April 14 had left at least 2,200 people dead, with more than 100,000 homeless.
BEIJING, April 2 (Xinhua) -- Leaders of seven countries have confirmed their participation in the opening ceremony of Boao Forum for Asia's 2010 meeting in south China's Hainan Province on April 10, Foreign Ministry spokesman Qin Gang said Friday.The leaders are: Lao President Choummaly Saygnasone, Danish Prime Minister Lars Loekke Rasmussen, Mongolian Prime Minister Sukhbaataryn Batbold, Iranian First Vice President Mohammad Reza Rahimi, Afghan Vice President Mohammad Karim Khalili, Timor-Leste's Vice President Jose Luis Guterres and Cambodian Senior Minister and Minister of Planning Chhay Than.Qin said Chinese Vice President Xi Jinping will meet the foreign leaders on the sidelines of the forum.The forum, which will focus on Asia's green and sustainable development in the wake of global economic downturn, is to be held in Boao, a coastal resort in Hainan, from April 9 to 11.Danish Prime Minister Lars Loekke Rasmussen will also pay a working visit to China as guest of Chinese Premier Wen Jiabao, Qin said.
来源:资阳报