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TASHKENT, May 3 (Xinhua) -- Regional financial cooperation in East Asia has made active progress over the past year, Chinese Finance Minister Xie Xuren said after meeting with his counterparts from countries in the region.In particular, achievements were made in establishing the regional multilateral financial assistance mechanism and in promoting an Asian bond market, Xie told Xinhua on Sunday after attending the finance ministers' meeting of the Association of Southeast Asian Nations, plus China, Japan and South Korea (ASEAN+3) here.Xie said all parties concerned reached further consensus on basic parameters of a regional economic surveillance unit at the meeting.Uzbek President Islam Karimov(L) shakes hands with Chinese Finance Minister Xie Xuren in Tashkent, capital of Uzbekstan, May 3, 2010. The unit is responsible for monitoring the countries' economic and financial situations and providing advices for the regional foreign currency reserve pool, known as Chiang Mai Initiative Multilateralization (CMIM) that formally came into effect on March 24, 2010.The ASEAN+3 meeting also announced the setting up of a regional credit guarantee and investment fund with an initial grant of 700 million U.S. dollars, in an effort to promote the issuance of bond in domestic currencies within the region, Xie said.The finance ministers also agreed to create a working group to discuss future strategic fields for regional financial cooperation.
BEIJING, May 18 (Xinhua) -- China and Russia Tuesday pledged to work together to take their strategic partnership of coordination to a new high."It serves the strategic interests and common aspiration of both countries to elevate the China-Russia strategic partnership of coordination," Chinese President Hu Jintao told the visiting Russian State Duma Chairman Boris Gryzlov Tuesday.Gryzlov is leading a delegation to Beijing for the fourth meeting of the cooperative committee between China's National People's Congress (NPC) and Russian State Duma.Hu visited Moscow ten days ago to attend the celebrations marking the 65th anniversary of the victory of the Great Patriotic War over Nazi Germany.Recalling the visit to Moscow, Hu said he was impressed by the commemorative events.Chinese President Hu Jintao (R) meets with Boris Gryzlov, chairman of Russia's State Duma, in Beijing, capital of China, May 18, 2010.Gryzlov appreciated Hu's attendance at the commemoration, stressing Russia and China share the same view of the war.While reviewing the bilateral relationship this year, Hu highlighted close contacts between leaders, strong, substantive cooperation, and frequent people-to-people exchanges.Hu said the complicated and capricious international situation posed important opportunities and challenges for China and Russia."China would like to work with Russia to boost the sound and fast growth of bilateral relationship," Hu said.On legislative front, Hu called for the legislative bodies of China and Russia to play out their advantages and contribute to the overall bilateral relationship.Earlier Tuesday, Wu Bangguo, chairman of the NPC Standing Committee, held talks with Gryzlov at the Great Hall of the People.
XIANGNING, Shanxi, April 9 (Xinhua) -- The death toll in the flooded Wangjialing Coal Mine in north China's Shanxi Province rose to 25 Friday after two more bodies were found and rescuers continued the search for 13 miners still missing.About 260,000 cubic meters of water had been pumped out by Friday, two times more than expected, and rescuers were focusing on two sections where the 13 were believed trapped, Liu Dezheng, spokesman of the rescue operation, told a press conference.But the rescue was difficult as the water level had not dropped quickly enough and it was adjacent to a disused shaft full of water and toxic gas, he said.Rescuers believed the disused shaft had caused the initial flood when broken into by workers.A total of 261 miners were working below ground when the mine was flooded on March 28, and 108 miners escaped unharmed while 153 were trapped underground.On Monday, 115 miners were brought out of the mine alive after being trapped for more than a week. They are receiving medical care in five hospitals in Hejin and Taiyuan Cities, Liu said.All the 26 miners in Shanxi Aluminum Plant Hospital are allowed by doctors to be visited by their family members.A few workers told Xinhua that they are even gaining weight after more than a week of starvation."I feel better and better, more energetic today and I want to get off bed," said Liu Mingcai from Hunan, who lost ten kilograms when trapped underground.Another survivor Peng Guangzhong said "I feel much safer and is no longer afraid. Oh, life is good."The rescue headquarters received nearly four million yuan (586,000 U.S. dollars) in donations and "countless" materials.Li Guangfei, a 41-year-old farmer from neighboring Shaanxi Province, drove his truck for more than 20 hours with his wife to donate 10,000 yuan, about 10 percent of their annual income earned from growing potatoes and vegetables and transporting coal."I hope the money can help tired rescuers buy some milk," he said.His feeling was shared by Sun Yali, who sold pork near the mine. She brought 10 pigs to the site, hoping the rescuers could enjoy the meat after 12 days of round-the-clock work.Volunteers are also busy helping the rescue.Zhang Huajie, 29, a shop owner, has been helping out wherever he can and has donated goods worth of more than 10,000 yuan."My personal strength is weak, but I share the common mission of rescuing the trapped," he said.
OTTAWA, May 5 (Xinhua) -- Larry O'Brien, Mayor of Canada's capital city of Ottawa, said that the achievement of his trip to China had exceeded his expectation, and the cooperation between China and Canada had a broad prospects.In an exclusive interview with Xinhua in his office in Ottawa after a journey to China accompanied by a business mission during April 6 to 16, O'Brien said that the trip, which was the first foreign mission since he took office as a Mayor of Ottawa in 2006, was productive and delighting.O'Brien visited Beijing, Chongqing, Shenzhen and Hong Kong during his trip in China, signing a Memorandum of Understanding ( MOU) on continuing cooperation between Ottawa and Beijing, and attending the signing ceremony of the Cooperation Agreement between Ocri and Beijing Investment Promotion Bureau.In the meantime, Ottawa Tourism and Beijing Badaling special zone's office signed MOU of Cooperation between Badaling Great Wall in Beijing and the Rideau Canal in Ottawa. And Canada's Plasco Energy Group Inc. and Beijing Environmental Sanitation Engineering Group Co (BESG) also signed a MOU to establish facilities in Beijing to convert waste to clean energy.O'Brien noted that Plasco's signing MOU with BESG exceeded his expectation, and he was impressed by the quick research speed and by their ability to sign the document during this visit. He said it was "a present and a surprise," and "a good achievement for our trip.""It underscores the importance of having government and industry working together, to create a better bond between the city of Beijing and the city of Ottawa," he added.Talking about the MOU in tourism, O'Brien said: "Rideau Canal in Ottawa, which is built in 1826-1832, is really worthwell. ( Tourists coming here) will feel the warmth of 900,000 warm Canadian hearts, warm Ottawa hearts. We are going to promote the Great Wall as well, which I had the honor and distinguish pleasure to go and visit this time."He also said that China had set Canada, where has a lot of places worth to see besides Ottawa, such as the mountains, the west coast, and the sea villages on the east coast, as the destination for tourists. "I am hoping that more Chinese to take this opportunity to move over to see how we live in Canada."In Shenzhen, O'Brien visited Huawei Technologies' research and development plant, welcoming it to invest in Ottawa. "Ottawa is a good place to do business. We have wonderfully clean and safe environment, with half of our population received college education or greater. Huawei has 70 to 80 people in Ottawa now, and expect to increase to 250 in three years," he said. And he also warmly welcomed other Chinese companies to establish research and development facilities in Ottawa."Due to the warm of the reception and the success we enjoyed during the trip, vast majority of our counselors and the citizens of Ottawa were very happy (with the achievement), and gave very positive comments on it," he said.He also said: "I think everybody on this trip had their eyes opened on the size of the market in China, found the opportunities to follow up, and the pace of being able to capture market opportunities.""In order to create trade and opportunities, you must have communications and trusts. Every long and wonderful journey starts with a single step. I would like to encourage our clean technique companies to begin this step," he added.O'Brien believed that the entire developing world was one third of the world economy 15 years ago. And now, Asia is half of the world economy, and will be 65 percent of that after 10 to 15 years. "We hope to participate in its economic development, especially to play a role in supporting the market growth in both China and India.""Fast forward to 2010, this is a brand new China. I am confident that there will be more mutually beneficial business arrangements. Already China has invested 10 billion U. S. dollars in the last 18 months in Canada in oil and minerals. I perceive this as the beginning of another series of cross fertilizations between our economies, and between our cultures. And I came away from the trip with great optimism for the future," he concluded.
CAIRO, June 6 (Xinhua) -- Egypt and China pledged to strengthen traditional friendship and enhance their strategic cooperation partnership on Sunday.In a meeting with a Chinese delegation headed by Wang Gang, a member of the Political Bureau of the Communist Party of China Central Committee, Egyptian President Hosni Mubarak said his country thanked China for its long and unswerving support for the just cause of the Arab people.He said Egypt treasured the traditional friendship with China and is willing to exert efforts for further development of Egypt- Chinese ties.Wang conveyed to Mubarak the greetings from Chinese President Hu Jintao.Egyptian President Hosni Mubarak (R) meets with Wang Gang, vice chairman of the Chinese People's Political Consultative Conference National Committee and member of the Political Bureau of the Communist Party of China (CPC) Central Committee, in Cairo, capital of Egypt, June 6, 2010. He said equal treatment, mutual support and close cooperation have always been featuring both the just causes of maintaining national independence and state sovereignty and the great road of national construction and economic development since the two sides established diplomatic ties.Wang, also vice chairman of the Chinese People's Political Consultative Conference National Committee, the country's top political advisory body, added that the relations between China and Egypt can be seen as a good example for the South-South cooperation.China and Egypt established strategic cooperation partnership in 1999. Bilateral trade reached around six billion U.S. dollars in 2009.Wang said China hopes to grasp the opportunity and jointly work with Egypt to consolidate their traditional friendship, expand practical cooperation and enhance the strategic cooperation partnership.The Chinese delegation arrived in Cairo on Saturday for a visit.