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BEIJING, April 7 (Xinhua) -- Chinese President Hu Jintao's upcoming visit to Brazil, Venezuela and Chile will be significant to furthering comprehensive development of China-Latin America relations, a senior Chinese diplomat said on Wednesday.Vice Foreign Minister Li Jinzhang told a press briefing that Hu will pay a state visit to Brazil and attend the second summit of the BRIC countries - Brazil, Russia, India and China - in Brasilia from April 14 to 17, make a state visit to Venezuela from April 17 to 18 and a working visit to Chile on April 18."China and Latin American countries, all as developing countries, share extensive common interests. China has always attached great importance to its relations with these countries," Li said.China-Latin America relations have maintained a good momentum of comprehensive and sustained growth with increased political mutual trust, expansion of cooperation and more frequent cultural exchanges, he said.Hu's visit will be made at the invitation of Brazilian President Luiz Inacio Lula da Silva, Venezuelan President Hugo Rafael Chavez Frias and Chilean President Sebastian Pinera.Hu will hold talks with President Lula and meet other leaders on furthering China-Brazil ties and boosting cooperation on major global issues, Li saidThe two countries will ink a joint action plan from 2010 to 2014 and agreements in the fields of culture, energy, finance, science and technology as well as product quality inspection, he said. China is Brazil's largest trading partner and biggest export market.During his first state visit to Venezuela, Hu will hold talks with President Chavez, when cooperation documents on energy, finance, culture, electricity and poverty alleviation are expected to be signed, Li said.Venezuela is China's fifth largest trading partner in Latin America with a trade volume of 7.15 billion US dollars in 2009.Hu will hold talks with President Pinera and meet with other Chilean leaders. China now is Chile's largest trading partner, and Chile is China's second largest in the Latin America. Their trade volume reached a record high of 17.7 billion US dollars in 2009.Li said, China expects to further friendly relations and deepen cooperation of mutual benefit with the three nations and promote comprehensive development of its relations with Latin America through Hu's visit."I believed that China-Latin America relations would achieve further development with our joint efforts," he said.
SUZHOU, April 3 (Xinhua) -- China's police chief Meng Jianzhu Saturday called for nationwide coordination to beef up security for the Shanghai World Expo, which runs from May 1 to Oct. 31.Meng, a State Councilor and Minister of Public Security, made the call in a inspection tour to Suzhou city in Shanghai's neighboring province Jiangsu, where he urged police in Shanghai and its adjoining provinces to execute more security efforts.He asked the police in Shanghai, the provinces of Jiangsu and Zhejiang to fully recognize the challenge and complexity of the security work, and to speed up the building of a coordination mechanism among them.Security departments must step up efforts to detect and remove all kinds of security threats, be fully prepared for challenges, and minimize the affect of the security work on people's lives, he said.
BEIJING, May 26 (Xinhua) -- The upcoming leaders' meeting of China, Japan and the Republic of Korea (ROK) will map out cooperation in East Asia in the years to come, said Chinese Vice Foreign Minister Zhang Zhijun on Wednesday.Chinese Premier Wen Jiabao will attend the third three-party leaders' meeting of China, the ROK and Japan to be held in Jeju of the ROK from May 29-30."The meeting will look to outline future cooperation, promote political trust, and consolidate cooperation," Zhang said.The Asian economies have recovered from the global financial crisis this year, and this provides a good opportunity for cooperation between China, Japan and the ROK, he said.Zhang said China expects the meeting to map out key areas of cooperation so to support the economic recovery and the construction of East Asian Community, and also to reinforce coordination in regional and international affairs.
BEIJING, May 21 (Xinhua) -- China's local governments should step up efforts to close 10 million kilowatts of outdated coal-fueled power station capacity this year, Chinese Vice Premier Li Keqiang said Friday.This year is crucial to completing the country's energy saving and emission reduction goals as set out in the Eleventh Five-Year Plan (from 2006 to 2010), Li said in a letter to a national work conference held in Beijing discussing the elimination of backward production capacity.Official figures show China's unit gross domestic product (GDP) energy consumption fell 14.38 percent during the first four years of the Eleventh Five-Year Plan. But efficiency has to improve if the nation is to meet the 20 percent target set for the five-year period."This move is conducive to optimizing the country's power structure, enhancing energy saving and reducing pollution," Li said.
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.