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BEIJING, Dec. 18 (Xinhua) -- China's economic diplomacy will face growing challenges in the form of trade and exchange rate disputes, as well as the task of protecting overseas investment interests, over the next few years, experts said on Sunday.Next year will be an election year for the Unite States and France, and there is an increasing possibility for the two countries to use the "China threat" as an excuse for not dealing with their own economic issues, which will put Chinese diplomacy under pressure, said Ding Yifan, deputy director of the Institute of World Development of the Development Research Center of the State Council at a seminar on Chinese diplomacy.During the first half of 2012, several countries will remain in a grave debt crisis and may even see their crises deepen, Ding said, adding that this situation may create friction between China, the United States and Europe.Additionally, protecting China's growing overseas investments will pose new challenges for the country's diplomacy, Ding said.Chen Fengying, director of the Institute of World Economic Studies under the China Institutes of Contemporary International Relations, agreed that the protection of China's overseas investment interests will be an important task for Chinese diplomacy.During the past three decades, China has invested in more than 170 countries and regions, with outbound direct foreign investment topping 170 billion U.S. dollars.In the past 30 years, China has been focused on "bringing in" foreign investment; it may do more to facilitate its "going out" in the future, Chen said.Chinese economic diplomacy will serve the country's economic construction and the protection of its overseas interests, national interests and security, Chen said, adding that China's position in the world is closely related to its economic diplomacy.Chen said China has made several achievements in international economic governance, reflected by China's growing influence in the international arena and the posts held by Chinese officials in important international organizations.

NEW DELHI, Jan. 9 (Xinhua) -- Chinese ambassador to India Zhang Yan Monday proposed that China and India make more efforts to develop economic ties.At a meeting on China-India relations attended by Indian National Security Advisor S. Menon, the ambassador said the Chinese side is fully aware of the necessity to narrow the trade gap between the two sides in order to ensure the sustainability of bilateral trade cooperation."China will take measures to increase the import of Indian products which have market demand in China. But our cooperation should not be limited in trade only," said the ambassador.He suggested that China and India should diversify their trade structure, expand the scope and items, and increase the technical content and added value to the products, while expanding into financial, service and investment sectors.The envoy said China and India should initiate policy dialogue and coordinate their economic development strategy in order to ensure steady growth of respective economy, encourage mutual investments, consider the free trade agreement or regional trade arrangement, and increase tourism cooperation.Zhang said that as an encouraging sign of economic ties, the bilateral trade volume is set to hit 70 billion U.S. dollars in 2011, an over 20 percent increase over the previous years, while China set up its first branch of the Industrial and Commercial Bank of China in Mumbai last year.

DOHA, Jan. 18 (Xinhua) -- Government should forge close ties with its people and listen to their opinions, Chinese Premier Wen Jiabao told reporters when asked his opinion on the situation in West Asia and North Africa.Wen said he made it clear during talks with Gulf states' leaders that government should respect the people's appeals in defending their own interests, for it is the people who created history. The responsibility for any government is to bring benefits to its own people, he added.In today's information-rich world, governments face more complexity in governing, and policy and planning coordination. In such circumstances, people's demands on government are also growing, Wen said.By keeping close ties with its people and listening to their opinions, governments could better develop the economy, improve people's livelihoods and bring benefits to them, he said.A responsible government should firmly and bravely shoulder its responsibility without pursuing special gains for itself, Wen said.

SAN FRANCISCO, Oct. 27 (Xinhua) -- Hewlett-Packard(HP) on Thursday announced that it will keep its personal systems group ( PSG) and continue to sell personal computers."HP objectively evaluated the strategic, financial and operational impact of spinning off PSG. It's clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees," Meg Whitman, HP president and chief executive officer, said in a statement.On Aug. 18, former CEO Leo Apotheker said HP was considering spin off the PC business, which drove shares of the company to plunge 20 percent the following day.HP then said its board of directors has authorized the exploration of strategic alternatives for the PSG, and it will consider a broad range of options that may include a full or partial separation of the PC business through a spin-off or other transaction.According to HP, the review so far revealed the depth of the integration of its PC division that has occurred across the company's key operations including supply chain and procurement.In addition, it indicated that the division has made significant contributions to HP's solutions portfolio and overall brand value."Finally, it also showed that the cost to recreate these in a standalone company outweighed any benefits of separation," HP said in a press release announcing the latest decision.HP is now the world's largest PC-maker with revenues of the PC division totaling 40.7 billion U.S. dollars for fiscal year 2010, according to figures from the company.A recent report from market research firm Gartner found that in the third quarter of 2011, HP's PC shipments grew 5.3 percent year- on-year, faster than the industry average of 3.2 percent, and its share in global PC market actually increased slightly to 17.7 percent.Though the PC division has a lower margin, the position and scale as the world's No. 1 PC-vendor gives HP advantage to negotiate with other suppliers and helps its other businesses, analysts said.The announcement to keep the PC unit is seen as the first major move of HP under new CEO Whitman, who took the job just over a month ago after replacing Apotheker on Sept. 22.

NANJING, Jan. 7 (Xinhua) -- Police authorities in China's eastern Jiangsu Province on Sunday intensified their search for the suspect in an armed robbery in the province.Police have increased patrol and initiated a blanket search for the male suspect, who shot and robbed a man in front of a bank in Nanjing, the provincial capital, on Friday, the provincial public security bureau said in a statement.In Nanjing, special armed police and police cars have blocked major roads, with many others searching in public places. Two helicopters are used to facilitate the search.The provincial police authorities also offered a reward of 100,000 yuan (15,850 U.S. dollars) for information leading to the arrest of the man believed to be in his 40s.The suspect shot a man who had just finished withdrawing 200,000 yuan in front of a bank on Nanjing's Dongmen Street at 9:50 a.m. Friday. The robber then took the money and hopped in a car that sped away from the scene of the crime, Pei Jun, deputy chief of the Nanjing public security bureau, said Friday.Pei said the suspect is believed to have used a gun to kill six people and injure another two in six robberies that took place in Changsha, capital of Hunan Province, and Chongqing municipality since 2004.Firearm possession is illegal in China.

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