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MOSCOW, Jan. 30 (Xinhua) -- Russia and China have agreed to further tap cooperation potential so as to boost economic and trade ties despite the impact of the global economic crisis.The agreement was reached during a meeting on Thursday between Russian Minister of Regional Development Viktor Basargin and Chinese Ambassador to Russia Li Hui on bilateral economic and trade ties, especially cross-border and regional cooperation.Basargin and Li agreed that the global economic crisis had a negative impact on bilateral economic cooperation, citing a sharp decline in two-way trade.However, they believed that the foundation for bilateral cooperation remained solid. In particular, bilateral investment and economic cooperation have gained strong momentum, and cooperation in such areas as energy, nuclear technology and high-tech have been strengthened.During the meeting, they also said that cross-border and regional cooperation had become an increasingly important part of the China-Russia strategic partnership of cooperation, and played a key role in facilitating regional development and improving the two peoples' welfare.An outline of regional cooperation between Northeast China and the Russian Far East Area and Eastern Siberia, approved by leaders of both countries in 2009, served as guidelines for deepening bilateral cooperation, they said, adding that both sides would cooperate closely and earnestly implement the document in a bid to achieve new accomplishments.They also discussed some specific issues related to cross-border and regional cooperation.

BEIJING, March 14 (Xinhua) -- China's top quality watchdog said Sunday it has received complaints from consumers against HP laptops for quality problems.The General Administration of Quality Supervision, Inspection, and Quarantine pays close attention to the complaints and has started investigations, said a brief statement posted on the administration's website.The complaints included problems of overheated graphic chips and display screen problems.

Beijing, Feb. 8 -- China's banks will outpace their peers in India and Indonesia, the best performers in Asia's banking industry over the past decade, to deliver the highest returns over the next five to 10 years, analysis firm CLSA Ltd said.The top eight performers among Asian banks over the past decade were all from India, with gains of 400 percent to 3,000 percent, CLSA said in a research report released today.Indonesian banks ranked second over a three-to-five-year period, as no data was available for 10 years, the report said.Shenzhen Development Bank Co, China's first commercial bank to launch an IPO and get listed on Shenzhen Stock Exchange (in 1987), is expected to show a more than eight-fold increase in net profit for 2009, boosted by lower provisions for bad loans and higher net interest and fee income, the Wall Street Journal saidThe two countries recorded the highest credit growth, as India's loans increased 622 percent over the past 10 years, followed by 508 percent growth in Indonesia, Daniel Tabbush and Suangsuda Sinsadok, analysts at CLSA, said in the report.That shows "positive" implications for China's banks given the nation's 326 percent increase in loan growth over that period, they wrote in their analysis."Where China stock price data is only recent, we can at least assume that the fact that those banks are returning the third-highest loan growth over the past five and 10 years can in fact mean strong total returns over the long term," the analysts wrote.China's loan growth of 79 percent was the highest over the past three years, according to the report by CLSA, which is "overweight" on the nation's bank stocks as well as those in India and Indonesia.

BEIJING, March 7 (Xinhua) -- Foreign Minister Yang Jiechi said Sunday China is firmly opposed to the recent moves by the United States that undermined China's core interests and the overall interests of bilateral ties and called for joint efforts to promote a return to sound relations."The responsibility for the current difficulty in Sino-U.S. relations does not lie with China," Yang told a press conference on the sidelines of the annual session of the National People's Congress (NPC), the country's supreme legislature.He said that the China-U.S relationship had a good start after President Obama took office last year.However, the U.S arms sales to Taiwan and U.S leaders' meetings with the ** Lama "caused a serious disturbance to China-U.S ties and posed difficulty to the cooperation between the two countries," he said.

BEIJING, March 21 (Xinhua) -- China is likely to see trade deficit in March, Minister of Commerce Chen Deming said here Sunday.Chen made the remarks while delivering a speech at the China Development Forum 2010, running from Sunday to Monday, with a theme of "China and the World Economy: Growth, Restructuring and Cooperation".