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BEIJING, April 29 (Xinhua) -- A senior official of China's Ministry of Commerce (MOC) said Wednesday that China might organize another procurement delegation to Europe, and France might also be one possible stop on the delegation's tour. Wu Xilin, head of the outward investment and economic cooperation department of the MOC, told reporters Wednesday that the exact time and countries to visit were under discussion. Chen Deming, China's Commerce Minister, led a Chinese buying team to visit Germany, Switzerland, Spain and Britain this February. Procurement agreements worth more than 13 billion U.S. dollars were signed during the trip.
YEKATERINBURG, Russia, June 15 (Xinhua) -- President Hu Jintao on Monday expressed China's readiness to work with Uzbekistan to push forward their relations of friendship, cooperation and partnership. At a meeting with Uzbek President Islam Karimov here, the Chinese president said relations between China and Uzbekistan have witnessed healthy and stable growth since the two countries established friendly and partnership relations in 2005. The two countries have maintained frequent high-level exchanges, deepened their political mutual trust and expanded cooperation in such fields as trade, economy, energy, security and culture, he said. Chinese President Hu Jintao (R) meets with Uzbekistan's President Islam Karimov in Yekaterinburg, Russia, June 15, 2009. They have supported each other on major issues of respective concerns, conducted robust cooperation in the United Nations, the Shanghai Cooperation Organization and other multilateral organizations, and contributed to promoting peace and stability in the region and the world at large, Hu said. He said China highly values its relations with Uzbekistan and stands ready to implement the existing agreements and consensus between the two countries so as to strengthen their relations of friendship, cooperation and partnership. Hu proposed that the two countries give full play to the intergovernmental economic and trade cooperation committee, boost cooperation in trade, economy, transport, energy, telecommunications, light industry and agriculture, and maintain the momentum for the growth of two-way trade to promote social and economic development of both countries. Hu said the global financial crisis is still spreading, posing grave difficulties and challenges for China's economic development. In order to tackle the crisis and maintain steady and relatively fast growth of the economy, China has timely adjusted its macroeconomic policies and adopted a package of measures to further expand domestic demand and boost economic growth, Hu said. These measures are being implemented and have started to take effect, he said. China is confident of overcoming the difficulties, achieving the steady and relatively rapid growth of its economy and contributing to the recovery and healthy, stable development of the global economy, Hu said. China stands ready to strengthen exchanges and cooperation with Uzbekistan in the financial sector, jointly guard against global financial risks and promote the healthy and stable economic and financial development of both countries, he said. Karimov, for his part, said Uzbekistan appreciates its relationship with China, which features friendship, mutual trust and cooperation. Uzbekistan appreciates China's continued supply of aid over a long period of time, especially the sincere help and support provided by China at times of hardship for Uzbekistan, he said. Amid the current global financial crisis, Uzbekistan is ready to strengthen cooperation with China in such sectors as the economy, trade, energy and natural resources to jointly tackle the financial crisis. Uzbekistan is willing to strengthen cooperation with China within the framework of the Shanghai Cooperation Organization (SCO) and enhance coordination in international affairs, Karimov said. Uzbekistan firmly supports China on the issue of Taiwan and issues related to Tibet, he said. The Chinese president arrived in Russia's Ural mountain city of Yekaterinburg on Sunday for the annual SCO summit, which will discuss how to tackle the international financial crisis and expand cooperation in the political, economic and security fields, and in other areas, among member states. Founded in 2001, the SCO consists of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Mongolia, India, Pakistan and Iran are observers of the organization. Chinese President Hu Jintao (2nd R) meets with Uzbekistan's President Islam Karimov (2nd L) in Yekaterinburg, Russia, June 15, 2009.
BEIJING, May 31 (Xinhua) -- The Beijing mansion of former Chinese Honorary President Soong Ching-ling reopened to the public on Sunday after a two-year renovation and restoration project. Rebuilt as a museum and memorial, Soong Ching-ling's former residence will have on display more historical artifacts used by Soong and her husband Sun Yat-sen, the pioneering Chinese revolutionary and political leader. Jia Qinglin (R Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, visits the former residence of Soong Ching Ling in Beijing, capital of China, May 31, 2009Top political advisor Jia Qinglin Sunday paid his respects at Soong's statue at the former residence. Soong (1893-1981) married Sun Yat-sen in 1915 and fought for China's independence and liberty. She devoted herself to education and health affairs for children and women after the People's Republic of China was founded in 1949. Jia Qinglin (C Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, poses with guests for a group photo ahead of the re-opening ceremony of the former residence and life exhibition of Soong Ching Ling in Beijing, capital of China, May 31, 2009Du Qinglin, head of the United Front Work Department of the Communist Party of China Central Committee, said Sunday at Soong's former Beijing residence that the China Soong Ching Ling Foundation should continue to promote China's social progress and cooperation across the Taiwan Strait.Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, talks with guests ahead of the re-opening ceremony of the former residence and life exhibition of Soong Ching Ling in Beijing, capital of China, May 31, 2009.
BEIJING, May 8 (Xinhua) -- China's top economic planner Friday announced details of the country's new oil pricing mechanism, for the first time after the new pricing system kicked in at the beginning of this year. In a statement on its website, the National Development and Reform Commission (NDRC) said China would adjust domestic fuel prices when global crude prices reported a daily fluctuation band of more than 4 percent for 22 working days in a row. The commission said refiners would enjoy "normal" profit when global crude prices are below 80 U.S. dollars per barrel, but would face narrower profit margins when the crude prices rise above 80 U.S. dollars per barrel. However, fuel prices would not go further up, or only be raised by a small margin, when crude prices rise above 130 U.S. dollars per barrel, and fiscal and tax tools would be used to ensure supplies, the NDRC said. Light, sweet crude for June delivery rose 37 cents a barrel to settle at 56.71 U.S. dollars on the New York Mercantile Exchange Thursday after reaching a six-month high of 58.57 dollars. Crude prices staged strong rally on news of upbeat economic data in the United States, rising more than 10 percent in two weeks. The NDRC statement also came a day after it denied an online report claiming imminent price hike. C1 Energy, an energy information website, Thursday reported that the Chinese government would raise fuel prices as of midnight Thursday, but said later the price adjustment had been canceled, with reasons unknown. Xu Kunlin, deputy head of NDRC's pricing department, said the new oil pricing mechanism is not to be followed "word by word" without any flexibility, when asked whether the commission would soon adjust fuel prices at a press conference held in Beijing. "There has been pressure to raise domestic fuel prices as crude prices continued to rise," Xu said, "however, the final decision will depend on developments in crude prices in coming days." Friday's statement did not say how the global crude prices would be measured. Xu declined to reveal details on the basket of crude prices for evaluating international price changes, and said such details would remain a secret in a bid to prevent speculation. The NDRC said in the statement that the government would continue to control fuel prices at the current stage, because of insufficient market competition and imperfect market mechanisms. However, fuel prices would eventually be determined by market forces only in the long run under the new pricing mechanism, which is aimed to bring in more market forces, said the NDRC. China's fuel prices, with taxes included, are at a relatively lower level among major oil importers, said the NDRC. Domestic fuel prices are lower than in Japan, the Republic of Korea, India, Mongolia, and many European countries, but higher than in oil exporters in the Middle East and than some cities in the United States, according to surveys by the NDRC. China's retail fuel prices vary in different regions. Currently, gasoline 93, the most commonly used type of gas, sells for 5.56 yuan (81.8 U.S. cents) per liter in Beijing.
ZHENGZHOU, April 23 (Xinhua) -- Senior Chinese leader Jia Qinglin urged making all-out efforts to ensure economic growth, care for the lives of people and ensure stability during a research trip. Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the call during a visit to central Henan Province from April 17 to 23, where he visited enterprises, urban and rural communities, research agencies and colleges. There had been positive changes in China's economic development as the central government's macroeconomic policies started to pay off, Jia said. But downward pressure was still great, said Jia, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee. Jia Qinglin (2nd R), chairman of the National Committee of the Chinese People's Political Consultative Conference, shakes hands with students at Henan Agricultural University in central China's Henan Province, April 21, 2009. Jia Qinglin made an inspection tour in Henan Province on April 17-23Jia called for more support for companies, especially small and medium-sized ones, and help enterprises to increase exports and carry out technological upgrading. He urged government departments to resolve the employment problems of rural workers and college graduates and expand the coverage of basic pension and health-care systems as well as the minimum living allowance system. Great importance should be attached to work safety and the quality and safety of food and medicine, Jia said. He also urged better work on promoting grain production, increasing farmers' incomes, building housing for low-income earners and improving the development of small towns.