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HONG KONG, March 20 (Xinhua) -- Hong Kong signed an agreement with Brunei for the avoidance of double taxation and the prevention of fiscal evasion with respect to income taxes, the HK Special Administrative Region government said on Saturday.According to an official news release, Financial Secretary John Tsang signed the deal with Brunei Second Minister of Finance Abdul Rahman Ibrahim on Saturday during his visit to the southeast Asian country.This was the sixth comprehensive agreement for the avoidance of double taxation concluded by Hong Kong.It will eliminate double taxation instances encountered by Hong Kong and Bruneian investors, and bring about tax savings and certainty in tax liabilities in connection with cross-border economic activities.It is also believed to help foster closer economic and trade links between the two places, and provide added incentives for Brunei's enterprises to do business or invest in Hong Kong.Profits of Hong Kong trading companies doing business through a permanent establishment in Brunei may be taxed in both places if the income is Hong Kong sourced. Under the agreement, double taxation is avoided in that any Brunei tax paid by the companies can be deducted from the tax payable in Hong Kong.

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 15 (Xinhua) -- Chinese Vice Premier Li Keqiang Monday urged the United States to respect China's core interests and major concerns.Li told visiting former U.S. secretary of state Henry Kissinger that he hoped the United States would safeguard the stable growth of China-U.S. ties."The severe disturbance that recently occurred in bilateral relations is not in accordance with the interests of both countries," Li said, refering to Washington's announcement of weapon sales to Taiwan, President Barack Obama's meeting with the ** Lama, and trade disputes between the two countries.A sound China-U.S. relationship was in the fundamental interests of both nations and peoples, and was also conducive to peace, stability and development of the Asia-Pacific region and the world at large, Li said. Chinese Vice Premier Li Keqiang (R) meets with former U.S. Secretary of State Henry Kissinger in Beijing, capital of China, March 15, 2010.He hoped that the United States would work with China to treat bilateral ties from a strategic height and long-term perspective, and to promote ties towards active, comprehensive and cooperative orientation.Li praised the contribution made by the 86-year-old former U.S. diplomat to advancing the China-U.S. cooperation, hoping he would continue his efforts for the growth of bilateral relations.Kissinger said China's major concerns should gain respect.During a speech earlier Monday, Kissinger expressed his optimism for the development of China-U.S. ties despite difficulties.Past frictions between the two countries had always been properly handled, Kissinger said.Also on Monday, Chinese State Councilor Dai Bingguo met with Kissinger.Kissinger served as the top U.S. diplomat during the presidencies of Richard Nixon and Gerald Ford in 1970s. He paid the visit to China at the invitation of the Chinese People's Institute of Foreign Affairs.

BEIJING, Feb. 12 (Xinhua) -- Chinese police nationwide were urged Friday to tighten security and step up safety overhaul during the Chinese Lunar New Year and be "ready to handle emergencies to prevent serious accidents."A circular from the Ministry of Public Security told local police authorities to increase scrutiny of fireworks parties, trade fairs, lantern shows, and temple fairs during the Spring Festival holiday which starts Saturday.It said the police should assist in keeping public and traffic order around large events' venues and be ready to handle crime and emergencies.Efforts should be made to strengthen security measures around train stations. Police authorities must release "safety tips" to the public through radio, newspapers and cell phone messages, it said.More than 10,000 large events, including traditional temple fairs, will be held across the country during the seven-day holiday, with more than 320 events expected to attract more than 10,000 people each.The latest ministry statistics show police solved nearly 1,200 homicide cases and 915 human trafficking cases last month.Police also arrested nearly 470 suspects for using telephones to scam or defraud people in January, saving 3.45 million yuan (507,000 U.S. dollars) in economic losses.Last month, the police busted nearly 2,000 bases for illegal fireworks' manufacture, sale, or transportation.The Spring Festival, or the Lunar New Year, falls on Sunday. It is the most important annual Chinese festival, with family reunions, much fun and plenty of eating.

KAMPALA, Jan. 25 (Xinhua) -- Ugandan President Yoweri Museveni on Monday met officials of the China National Offshore Oil Corporation (CNOOC) amidst increased lobbying by international oil giants to enter the country's oil sector.A State House statement issued here said that the CNOOC officials who met Museveni at State House Entebbe, 40km south of the capital Kampala, expressed interest in joining Uganda's oil and gas sector by partnering up with Tullow, an Irish oil company.Tullow, which has oil blocks in western Uganda, is seeking a partner to help it start oil production in the country.The CNOOC meeting comes weeks after Italian oil giant, Eni Spa, also expressed interest in joining the country's oil sector, promising an oil refinery and a power plant.Eni wants to enter the sector by buying stakes of another oil company Heritage Oil which jointly operates two blocks with Tullow on a 50-50 percent venture.The Eni-Heritage deal which is yet to be concluded is embroiled in controversy as Tullow exercised a pre-emption move saying it has the first option to buy the Heritage stakes, a move the government said it would not accept because it would create a monopoly.Museveni told the CNOOC officials joined by Tullow officials that the government will discuss all proposals and announce its decision soon."President Museveni said that the government will discuss all proposals by companies operating in the oil and gas sector adding that the country looks forward to welcoming new companies," the statement said.The Museveni-CNOOC-Tullow meet also comes days after Aiden Heavey, Tullow's chief executive met Museveni urging Uganda to honor contractual obligations following the Eni-Heritage deal.Uganda's recently discovered oil is attracting a lot of attention from international oil giants.So far the country has discovered an estimated two billion barrels of oil and according to experts there is a possibility of discovering more.