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KHARTOUM, Jan. 28 (Xinhua) -- The Arab League (AL) and the Chinese National Energy Administration on Thursday signed a memorandum of understanding (MoU) on China-Arab energy cooperation mechanism.The two sides singed the MoU at the end of the 2nd conference of the China-Arab Energy Cooperation of the China-Arab Cooperation Forum in Khartoum Thursday.Delegates to the conference had discussed the energy issue including nuclear and renewable energy, stressing the importance to develop all sorts of energy to meet the needs.China and the AL reached consensus to conduct cooperation in the energy sector, and the two sides would strengthen cooperation in the fields of petroleum, natural gas, electrical power, renewable energy and nuclear energy for peaceful purposes.In the meantime, the two sides have agreed to hold the 3rd China-Arab Conference on Energy Cooperation in China in 2012.Representatives of the Arab States' energy ministries, the AL, the Organization of Arab Petroleum Exporting Countries (OAPEC), the Arab Atomic Energy Commission, the Chinese National Energy Administration and some Chinese companies took part in the three- day conference.
BEIJING, Feb. 26 (Xinhua) -- The Standing Committee of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top advisory body, held a meeting Friday to discuss the agenda for the upcoming CPPCC annual session in March.Jia Qinglin, chairman of the CPPCC National Committee and member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, presided over the opening ceremony of the three-day meeting.During the meeting, senior political advisors will set an agenda for the third session of the 11th CPPCC National Committee, discuss and approve a work report for the Standing Committee of the CPPCC National Committee and a namelist for the secretariat of the March session.Political advisors on Friday also heard annual work reports from the committees of the CPPCC National Committee.The CPPCC reflects China's "multi-party cooperation system" under the leadership of the CPC.The CPPCC committees at different levels have representatives from different political groups, ethnic groups, and people of all walks of life.

BEIJING, Jan. 21 (Xinhua) -- Chinese Premier Wen Jiabao and visiting Austrian President Heinz Fischer shared jokes and old photos as they met Thursday evening for expanded dialogue and cooperation between the two countries.In a relaxed atmosphere, Wen and Fischer exchanged hugs in front of Chinese and international media members in a well decorated compound in the the Diaoyutai State Guest House. Austrian President Heinz Fischer (L) shows Chinese Premier Wen Jiabao his working diary 22-year-ago when he received Wen's visit in Vienna during their meeting in Beijing, capital of China, Jan. 21, 2010"This place is more than 200 years old," Wen told Fischer."It's really beautiful," the President responded.Upon entering the meeting room, Wen skipped the diplomatic formality by announcing, in the presence of the media, that he had kept some "proof" of the long-standing friendship with Fischer. Chinese Premier Wen Jiabao (R) shakes hands with Austrian President Heinz Fischer in Beijing, capital of China, Jan. 21, 2010.To the total amazement of the Austrian guests, Wen produced an old photo that he and Fischer took together some 22 years ago when they had beer in Vienna."Where did you find it?" Fischer said. "We were 22 years younger then.""Yes, you were very young at that time," Wen replied in good humor. Chinese Premier Wen Jiabao (R) presents the group photo of his visit in Vienna 22 years ago to Austrian President Heinz Fischer in Beijing, capital of China, Jan. 21, 2010The caption of the photo reads: Wen Jiabao, then alternate member of the Secretariat of the Communist Party of China (CPC) Central Committee and concurrently director of the General Office of the CPC Central Committee, meets in Vienna, Austria in 1988 with Heinz Fischer, then president the Parliamentary Group of the Socialist Party of Austria."I think our meeting was in December then?" Fischer suggested."It's December 5," Wen came up with an affirmative comment."Then, Mr. Premier, I will have some proof for you, too," Fischer said as he fetched for a calendar of 1988.Fischer turned to the page of December 5 and read: "Receiving Chinese delegation at 10:00 AM, lunching with Chinese delegation at 12:30 PM and dining with Chinese delegation at 7:00 PM.""But you forgot to note down one point," Wen dropped in. "We had beer at ten that evening.""We should never let anybody else know we do after ten," Fischer joked back.The media persons were amused by the exchange of jokes and shared laughter with the two senior statesmen.China and Austria have maintained frequent exchange of visits between their leaders. During the current state visit to China, President Fischer has held talks with Chinese President Hu Jintao and witnessed the signing of a number of bilateral agreements. He also met with top Chinese legislator Wu Bangguo Thursday afternoon.This was the first visit that Fischer paid to China since he became President.In another move to share his memory with Premier Wen, Fischer presented Wen with a photo he took in China back in 1977, when the country had just ended the decade-long chaos of the so-called "Cultural Revolution.""You are an old friend of the Chinese people," Wen told Fischer. "You are one of the statesmen who win my admiration.""Since we have been able to exchange views in a candid way since 22 years ago, I hope we contribute greater effort to advancing China-Austria and China-Europe relations," Wen said.Fischer said the two countries shared broad common interests and views on a lot of issues. He said further advancing bilateral links would serve the fundamental interests of both countries.Wen said the two countries respected each other and worked to expand dialogues between different civilizations. He said this common ground was of great significance to enhancing mutual trust and understanding between China and Europe and promoting international cooperation against various challenges.Wen said the relations between China and Austria went beyond the bilateral framework and took on a broad prospect.Wen said China would like to work with Austria to elevate dialogues and cooperation in various fields on an equal and mutually beneficial footing, and to push forward bilateral links and China-Europe relations in a sound and steady way, so as to promote harmony and sustainable growth of the world.Fischer left Beijing for Shanghai to continue his China trip Thursday evening.
BEIJING, March 9 (Xinhua) -- China would step up work to monitor non-banking financing, said the China Banking Regulatory Commission (CBRC) Tuesday in a statement on its web-site.More focus would be put on businesses in connection with trust companies and the real estate sector to prevent banks from using non-banking financing to circumvent policies, said Liu Mingkang, chairman of the CBRC.The 2010 government loan target is 7.5 trillion yuan (1.10 trillion U.S. dollars). But in January alone, banks extended 1.39 trillion yuan in new loans -- 18.53 percent of the full-year target.More work should be done to improve risk management capacity to achieve sustainable development of the non-banking financing sector, Liu said.Non-banking financial institutions under the CBRC supervision include trust companies, finance companies, financial leasing companies, auto financing companies and money brokers.
SEOUL, Jan. 25 (Xinhua) -- A trilateral meeting among three Northeast Asian countries is slated for Tuesday in Seoul as the three countries seek to launch a joint research on a free trade pact, Seoul's trade ministry said Monday.According to the Ministry of Foreign Affairs and Trade, the three Northeastern countries are set to discuss on terms of reference on the joint research, as well as the schedule for holding next rounds of dialogue, the ministry said.China, South Korea, and Japan decided at their summit talks on Oct. 10, 2009 to terminate private studies on the issue and to push for a joint research at an administrative level.In addition, the ministry said, the three nations as a follow- up measure agreed to launch the research in the first half of 2010 and to hold a preliminary meeting in Seoul.The private studies on the trilateral free trade pact started in 2003 when the first research was conducted on the macroeconomic impact of the deal, according to the ministry.
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