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L'AQUILA, Italy, July 8 (Xinhua) -- Chinese State Councilor Dai Bingguo, who was to attend outreach session of the G8 Summit on behalf of Chinese President Hu Jintao, met here on Wednesday with Jacob Zuma, president of South Africa, calling for deepening cooperation between the two countries. During the meeting, Dai conveyed President Hu's greetings and congratulations to Zuma on his victory in the general election, according to a press release issued by the Chinese delegation. Chinese State Councilor Dai Bingguo (L) meets with President of South Africa Jacob Zuma in L'Aquila, Italy, July 8, 2009. On behalf of Chinese President Hu Jintao, Dai Bingguo will attend a dialogue meeting of the Group of Eight and the Group of Five major developing countries in the central Italian city of L'Aquila.Dai said both China and South Africa are important developing countries, and deepening the bilateral strategic partnership is not only in the basic interest of both countries and both peoples, but also helpful to the substantial cooperation between China and Africa at large. As the global financial crisis has crippled the world economy and exerted negative impact on the people's life, Dai called for further all-around cooperation between the two countries. Chinese State Councilor Dai Bingguo (2nd L) meets with President of South Africa Jacob Zuma (2nd R) in L'Aquila, Italy, July 8, 2009. On behalf of Chinese President Hu Jintao, Dai Bingguo will attend a dialogue meeting of the Group of Eight and the Group of Five major developing countries in the central Italian city of L'Aquila.According to Chinese diplomats, the state councilor offered a four-point proposal on boost bilateral ties: to conduct more political communication and exchange, to expand trade and deepen economic cooperation, to encourage more exchange of visits, and to enhance cooperation and coordination in international organizations as well as on multinational diplomatic occasions. Zuma, on his part, said South Africa attaches importance to its ties with China, willing to coordinate more on international issues and deepen the friendly cooperation between the two countries. Zuma also extended his thanks for China's aid to Africa, according to the press release. On the international issues, Zuma said the international community should enhance cooperation to jointly address the global challenges like economic recession and climate change.
BEIJING, May 25 (Xinhua) -- Chinese top political advisor Jia Qinglin met with Taiwan-based Kuomintang (KMT) Chairman Wu Poh-hsiung and his delegation at the Great Hall of the People in Beijing Monday afternoon. Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, said the cross-Straits relationship had made breakthroughs after a historic turning point in the past year. Improved relations had yielded practical benefits for people on both sides, and cross-Straits peace and stability had been highly praised by the international community, said Jia. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, shakes hands with Kuomintang (KMT) Chairman Wu Poh-hsiung during their meeting at the Great Hall of the People in Beijing, capital of China, May 25, 2009 The KMT and the Communist Party of China (CPC) had shouldered greater responsibility in promoting the cross-Straits relationship, said Jia, also member of the Standing Committee of the CPC Central Committee Political Bureau. At the invitation of CPC Central Committee General Secretary HuJintao, the KMT chairman arrived in Beijing on Monday and will meet Hu on Tuesday to exchange ideas on the cross-Straits relationship. Jia said Wu's meeting with Hu would promote political mutual trust. Jia proposed that the two sides enhance exchanges and intensify trust to make more practical achievements for the public interest. He stressed that interaction and inter-party dialogue would play an irreplaceable role in keeping the development of cross-Straits relations on a peaceful track and building trust. Jia said dealing with the challenges of the global downturn was an issue calling for cooperation. Further, both sides should find opportunities in the crisis to promote the normalization of the cross-Straits economic relationship through more institutionalized economic cooperation, Jia told the KMT chairman. Jia said the Straits Forum held in the mainland's Fujian Province had become a new platform for communication by people on both sides, who were the driving force of cross-Straits relations. Wu said that the great progress of cross-Straits relations in the past year had proved that the common prospects for peaceful cross-Straits development, agreed by leaders of the two parties in2005, fully met the needs of people on both sides. The two parties had achieved unprecedented interaction and should unswervingly continue their exchanges in a proper direction, Wu said. Both the people in the mainland and Taiwan were Chinese and responsible for the revitalization of the nation and its culture, Wu said.
HONG KONG, July 4 (Xinhua) -- The Bank of China (Hong Kong) Limited (BOCHK), the sole Renminbi (RMB) clearing bank in Hong Kong, announced here Saturday that it will launch RMB clearing services for trade settlement starting from Monday. BOCHK said it had singed a clearing agreement with the People's Bank of China in relation to RMB business, and will invite banks and other financial institutions participating in trade settlement to sign a new clearing and settlement agreement. On Wednesday, the People's Bank of China and other departments on the mainland jointly announced the "Administrative Rules on Pilot Program of Renminbi Settlement of Cross-Border Trade Transactions", allowing RMB settlement of cross-border trade transactions for the first time. "The initiation of the Pilot Program is of particular significance. It will increase the source channels and the usage of RMB funds," said He Guangbei, vice chairman and chief executive of BOCHK. Under the Pilot Program, enterprises will also have greater flexibility in selecting the settlement currency of cross-border trade transactions as well as increasing their capability to hedge exchange risk, minimize costs, and boost the efficiency and profitability of cross-border trade transactions, he said. BOCHK, as a participating bank of RMB business, will take the lead in launching a wide spectrum of RMB trade settlement and finance services for its corporate customers to conduct RMB- denominated trade transactions such as remittances, collections and L/C services between Hong Kong and Shanghai, Shenzhen, Guangzhou, Dongguan and Zhuhai, said the vice chairman.
TAIPEI, May 31 (Xinhua) -- A Chinese mainland business delegation arrived in Taiwan Sunday to kick off a buying spree to expand trade ties and offset the effects of the global economic downturn. The group, organized by the Mainland Association for Cross-Strait Economic and Trade Exchanges, comprised about 80 representatives of 35 companies, including IT and home appliance giants Lenovo, Haier, Changhong and ZTE. The shopping list could include home appliances, machinery, textiles and foodstuffs manufactured on the island, said Li Shuilin, director of the association and delegation head. The mainland businesses would hold talks with Taiwan firms in Taipei and Kaohsiung to learn more about their products and market potential in the mainland, Li said. They would probably make some purchasing orders, although no exact plans had been announced, he added. The delegation, the first of its kind, was warmly received on the island amid the mainland's repeated calls for collaboration across the Taiwan Strait to cope with the international economic downturn. This marked a substantial step by the mainland to help boost investment in Taiwan and the purchase of Taiwan products, proposed by Chinese Premier Wen Jiabao in April, Li said. The mainland announced last week that seven to nine procurement delegations to Taiwan would be organized from May to September to help develop the island economy during the global downturn. The China Video Industry Association would organize a visit of leading mainland television producers on Monday to hammer out a planned 2.2-billion-U.S.-dollar contract for TV parts produced in Taiwan. Also in June, tea merchants and fruit organizations would visit central and south Taiwan. In September, representatives of trading cooperatives from 11 provinces and cities, six industry associations and 13 agricultural products producers will visit the island. Mainland telecommunications companies, including China Telecom, China Mobile and China Unicom, also plan purchasing visits the island.
BEIJING, June 23 (Xinhua) -- State President and Communist Party of China (CPC) Central Committee General Secretary Hu Jintao urged all Chinese people Tuesday to remember and study the morals and demeandour of former state president Li Xiannian (1909-1992). Li won respect and love from the CPC, People's Liberation Army and people for his contribution to China's independence and the Chinese people's emancipation, China's socialist revolution, construction, reform and opening-up drive, and the building of the country into a modernized socialist nation that is prosperous, powerful, democratic and civilized, Hu said at a memorial meeting to mark Li's 100th birthday. Chinese President and Communist Party of China (CPC) Central Committee General Secretary Hu Jintao speaks at a memorial meeting to mark the 100th birthday of former state president Li Xiannian (1909-1992), in Beijing, China, June 23, 2009.Hu called Li a "great proletarian revolutionary, statesman, strategist and a staunch Marxist and outstanding Party and State leader." Other state and CPC leaders attending the memorial service included Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, and Zhou Yongkang. Jia presided over the gathering. Hu spoke highly of Li's prominent role in different periods of the CPC-led Chinese revolution, including the armed revolution of the 1920s-40s, the early development of New China in the 1950s-70s,and the epochal reform and opening-up drive launched in the late 1970s. Li was born into a poor peasant family on June 23, 1909, in Huang'an, Hubei Province, central China. He took part in the CPC-led Peasants' Movement and joined the Party in the 1920s. In 1927, Li led a group of peasants to join in the Huangma Uprising. Later, he became a member of the CPC-led Chinese Workers' and Peasants' Red Army and played an important role in strategic battles and maneuvers of the Red Army. During the Long March, Li supported Zhu De and other senior leaders in resolute struggle against the splittist activities of Zhang Guotao. In China's War of Resistance Against Japanese Aggression (1937-45) and the Liberation War (1946-49) against the Kuomintang Regime, Li became a ranking officer in the CPC-led armed forces and fought a large number of major battles and established several revolutionary bases. After 1949, the year the People's Republic of China was founded, Li served as vice premier for 26 years and played a big role in managing the economy. He was wrongly criticized and persecuted during the Cultural Revolution (1966-1976). Starting in the late 1970s, as a core member of the second-generation of CPC leadership headed by Deng Xiaoping, Li assisted Deng in ushering in and carrying on the reform and opening-up drive. In his final years in service, Li held top-level Party and state roles, including vice chairman of the CPC Central Committee, a Standing Committee member of the Political bureau of the CPC Central Committee, state president, and chairman of the National Committee of the Chinese People's Political Consultative Conference.