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BRUSSELS, Oct. 5 (Xinhua) -- Chinese Premier Wen Jiabao urged Tuesday the European Union (EU) to objectively and fairly treat the RMB exchange rate issue as that would benefit the EU, China, and the world economy.Wen made the remarks while meeting the Euro Group troika, including Euro Group President and Luxembourg Prime Minister Jean-Claude Juncker, European Central Bank President Jean-Claude Trichet and EU Economic and Monetary Affairs Commissioner Olli Rehn.The meeting took place on the sidelines of the two-day eighth Asia-Europe Meeting (ASEM) Summit in Brussels as China is under external pressure to appreciate its currency.Wen said China would further reform its formation mechanism of the yuan exchange rate to increase the currency's flexibility.China's central bank has announced on June 19 a series of steps of reforms. The Chinese currency has so far strengthened by about 2 percent against the U.S. dollar.China would also continue to expand import from the EU and strive to balance the trade, said Wen, adding that China was committed to transforming its economic development pattern, restructuring the economy and increasing domestic demands.Wen called on both sides to develop healthy ties from a strategic perspective as the EU has become China's largest trading partner while China stands as the EU's important exporting market.As the world economy was gradually recovering with uncertainties still hovering high, China and the EU should work together to combat the international financial crisis, Wen added.The Euro Group leaders appreciated China's support for the euro and the euro zone, saying the EU and China were good partners and enjoy extensive common interests.They also said the EU rejected both trade protectionism and currency war, and agreed differences and problems should be solved by dialogues.In a speech to the Greek parliament on Monday, Premier Wen said China supported a stable euro and would not reduce its euro-bond holdings.The three Euro Group leaders also held talks with China's Finance Minister Xie Xuren and central bank governor Zhou Xiaochuan here on Monday. Wen said the talks were "detailed and friendly".
MUSCAT, Nov. 5 (Xinhua) -- A top Chinese delegation will sign agreements on two-way investment and personnel training with Oman amid efforts to deepen the cooperation between China and the Gulf oil-rich Sultanate, Chinese ambassador to Oman Pan Weifang said Friday.Jia Qinglin, China's top political advisor, will pay a three- day good-will visit to Oman starting from Saturday. This is a visit of the highest level in 11 years in the history of bilateral relations, ambassador Pan told Xinhua ahead of the visit.The delegation will meet Omani Sultan Qabus bin Said al-Said, deputy prime minister and other ministers and sign the important agreements during the visit, he said."I am very pleased to see that the senior Chinese leader will meet with His Majesty Sultan Qabus as the friendly Omani people are celebrating the 40th National Day," Pan said. "I believe Jia's visit will be another milestone in promoting the friendly cooperation, which has been valued in the long traditions of each country."An agreement will also be signed to build a monument for Zheng He, China's ancient seafaring hero whose fleets arrived in Oman for four times and visited Oman's southern area of Dhofar about 600 years ago.The voyage witnessed large amount of goods exchanges, such as china, silk and tea from China to Oman and frankincense, dates and Arabian horses from Oman to China.Nowadays, as the Sultanate's largest trade partner, China is ready to contribute to Omani government's drive to diversify the sources of revenue, 70 percent of which derives from oil and gas.Amid efforts for economic multi-polarization, Oman will develop non-oil sectors including infrastructure, renewable energies, tourism and finance, Pan said. "China and Oman will become essential partners in these fields.""Oman's free trade zones in Sohar, Salalah and Duqm will also attract and facilitate China's investment in Oman," he added.Recently, Chinese companies participated in the construction of a one-billion-U.S. dollar power plant project in the southern Salalah, which will begin generating electricity in 2012. As more Chinese investors are willing to start their businesses, the Bank of China opened a "China desk" in Bank Muscat, Oman's largest lender, to finance infrastructure projects.Chinese travel agencies are keen to develop tourist routes in the Sultanate, which is very rich with spectacular landscapes, archaeological sites and historical monuments, Pan said, adding that an agreement was signed to encourage tourism between Oman and China.About 5,000 Omani people go to China to do business and travel every year. During the Shanghai Expo, more than 10 ministers of Omani government went to China for a visit. "All these mirror the strong tie between the two countries," Pan noted.China is the largest buyer of Oman's crude oil. The bilateral trade reached 7.1 billion U.S. dollars in the first eight months this year, a 60 percent year-on-year increase.
MUSCAT, Nov. 7 (Xinhua) -- China's top political adviser Jia Qinglin met Sunday with Oman's Sultan Qaboos bin Saeed in Nizwa city, 140 km from the capital Muscat, during an official good-will visit to promote the bilateral relations.Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, hailed the traditional friendship between the two countries and raised proposals to deepen the cooperation.The Chinese people would never forget Oman's assistance for the reconstruction after an 8.0-magnitude earthquake struck southwest China's Sichuan Province in 2008. An Oman Village, to be completed soon in Sichuan's Guangyuan city, will be a new symbol of the Sino-Omani friendship, Jia said.Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Omani Sultan Qabus bin Said al-Said in Nizwah, Oman, Nov. 7, 2010.The successful Beijing Olympic torch relay in the Sultanate and the splendid presentation of the Oman Pavilion during the Shanghai Expo have strengthened the cooperation between peoples of the two countries, he said.Jia noted that Oman has become China's important partner in trade and energy cooperation in the Gulf area."I'm satisfied with the current situation of cooperation and confident about the future," he said.The Chinese and Omani people have forged brotherly friendship. Leaders of the two countries pay great significance to promoting the bilateral relations. The potential for the cooperation is huge as the two economies are complementary, Jia said.
ZHENGZHOU, Oct. 25 (Xinhua) -- A moderate earthquake that hit central China's Henan Province Sunday afternoon levelled 24 houses and left 12 students injured, local officials said early Monday morning.The quake, measuring 4.7 on the Richter scale and with a hypocenter depth of 8 kilometers, truck Zhoukou City at 4:58 p.m., according to the China National Seismological Network.Twenty four houses in Taikang County collapsed while 12 students in a middle school were injured, who are currently in hospital.In Fugou County, about 40 houses were reported to have cracks or other damages.Tremor was felt across eastern Henan, including provincial capital Zhengzhou City.
BEIJING, Sept. 25 (Xinhua) -- Senior Chinese leader He Guoqiang has urged the country' s anti-graft officials to make more efforts to solve prominent corruption-related problems by taking into account the views of the public.He, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made his remarks at an anti-corruption work conference Saturday.He called for more effective anti-corruption efforts to win the trust of the public while promoting social harmony.He also stressed better enforcement of laws and Party discipline, along with relentless punishment of any violation.According to a statement released after the conference, the country's public spending on government officials' overseas visits, transportation and official receptions this year was reduced by 5.75 billion yuan (858 million U.S. dollars) from last year in a campaign to cut extravagant public spending.Anti-corruption departments have also launched a nationwide examination into the problem of "little coffers", which are private accounts for extracting public funds. More than 24,900 cases of "little coffers" involving public money totaling over 12.24 billion yuan had been found, and a total of 1,035 officials connected to these funds have been punished, according to the statement.Also on Saturday, a statement issued by the anti-corruption department of the Supreme People's Procuratorate said procuratorates around the country had, from 2009 to August 2010, dealt with 1,715 embezzlement and bribery cases and 263 cases of duty dereliction in the use of state-owned land resources.A total of 186 officials above county level were involved in the cases, the statement said.