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MOSCOW, Oct. 27 (Xinhua) -- Chinese Premier Wen Jiabao arrived here on Monday for an official visit aimed at strengthening China's strategic partnership with Russia.     During his three-day stay here, Wen is scheduled to hold talks with Russian President Dmitry Medvedev, Prime Minister Vladimir Putin and Chairman of the State Duma, the lower house of Russia's parliament, Boris Gryzlov. Chinese Premier Wen Jiabao (R) shakes hands with Russian Deputy Foreign Minister Alexei Borodavkin upon his arrival at the airport in Moscow, capital of Russia, Oct. 27, 2008. Chinese Premier Wen Jiabao arrived here on Monday for an official visit aimed at strengthening China's strategic partnership with RussiaTopics of discussion include regional and international issues and bilateral cooperation in areas such as economy and trade, energy, nuclear power, science and technology, according to a Chinese Foreign Ministry official.     In a written statement delivered upon arrival at the airport, Wen hailed the level of China-Russia strategic and cooperative partnership in recent years as unprecedented.     The two nations have enjoyed expanding basis for common interests, increasing mutual trust, more fruitful cooperation and closer strategic cooperation in international and regional affairs, he said. Chinese Premier Wen Jiabao (front L) attends the welcoming ceremony held by Russian Deputy Foreign Minister Alexei Borodavkin upon his arrival at the airport in Moscow, capital of Russia, Oct. 27, 2008. The continuous development of bilateral strategic and cooperative partnership conforms to the fundamental interests of the two peoples, and is conducive to peace and stability in the region and the world at large, said the Chinese premier.     He said he will exchange candid views with Putin on major issues concerning substantial bilateral cooperation.     Wen's meeting with Putin will be the 13th regular talk between the prime ministers of the two countries. Chinese Premier Wen Jiabao (R, front) is greeted upon his arrival at the airport in Moscow, capital of Russia, Oct. 27, 2008. The Chinese premier said he will also exchange views with Medvedev and parliament leaders on bilateral ties as well as international and regional issues of common concern.     Wen said he believed this visit will help promote bilateral political mutual trust, deepen their substantial and strategic cooperation, enhance the mutual understanding and traditional friendship between the two peoples, and inject new vigor into the sustained, sound and steady growth of bilateral relationship.     Russia is the first leg of Wen's two-nation tour, which will also take him to Kazakhstan on Oct. 29.     In Astana, capital city of Kazakhstan, Wen will attend the 7th prime ministers' meeting of Shanghai Cooperation Organization member countries. His visit will end on Oct. 31.

BEIJING, Jan. 1 (Xinhua) -- China Dairy Industry Association (CDIA) on Thursday told Xinhua more information on setting up a medical compensation fund for victim babies in the tainted milk powder scandal.     "The scandal caused great harm to infants and the society, so firms involved in the scandal feel very regretful for this. To be responsible for their wrongdoing and rebuild the dairy industry's reputation, these companies offer to shoulder social responsibilities," said the association.     Sanlu, the dairy producer at the center of the tainted milk powder scandal, and other 21 firms blamed in the scandal had decided to set up a compensation fund for the victim infants.     "The money from these companies for this fund has been in place now. The fund will cover the charge on acute disease medical treatment and the one-time cash payment for victims," said the Beijing-based association.     But no specific amount of the fund or compensation for each victim baby was revealed.     "The fund is big enough to cover all the medical care charge for the victim infants and the compensation work is now underway," according to the association.     "After the acute disease medical treatment, if those infants develop related diseases before they are 18 years old, they can also get full reimbursement for their medical expenses from the fund," the CDIA added.     The fund will be entrusted to China Life Insurance Co., Ltd., the country's leading life insurer, to manage. To make it easier for the victim families to get compensation, they can get the medical charge reimbursement through China Life's outlets nationwide.     China's tainted dairy scandal was exposed in September after babies who had milk powder produced by the northern Hebei Province-based Sanlu Group developed kidney stones.     Other leading dairy firms were also involved. The contamination killed six babies and more than 290,000 infants suffered from urinary problems such as kidney stones.

 BEIJING, Jan. 4 (Xinhua) -- Major Chinese lenders are expanding a preferential policy on house loan interests to cut the burden of the country's home buyers hit by the spreading financial crisis.     For individuals who bought houses on mortgage lending before Oct. 27, 2008 and have not paid off the loans, their credit interest rates could be reduced to 70 percent of the benchmark rate from the previous 85 percent, customer service staff of several banks told Xinhua on Sunday.     The discount will be available for Beijing, Shanghai and Qingdao clients of the China Construction Bank after their applications go through default record checks.     The Bank of China branch in Shanghai is also providing the preference but the Beijing branch keeps the rate unchanged.     The Industrial and Commercial Bank of China, the country's largest lender, and the Agricultural Bank of China are also making specific rules for similar rate discounts.     China's central bank announced in October it would reduce the lower limit of interest rates on individual house loans to 70 percent of the benchmark credit rate from 85 percent, starting from Oct. 27 last year.     The move was viewed as a stimulus to the flagging property market but it has been unclear whether house mortgage deals before that date can enjoy the favor.     Under the rate discount, home buyers with a 500,000-yuan (73,500 U.S. dollars) bank loan to be paid off within 20 years can save nearly 60,000 yuan of interest, analysts estimate.

BEIJING, Nov. 8 (Xinhua) -- Chinese President Hu Jintao and U.S. president-elect Barack Obama Saturday discussed in a telephone conversation relations between China and the United States and major international issues of common concern, including the ongoing global financial crisis.     In the telephone conversation, Hu expressed appreciation to Obama for emphasizing in his election campaign speeches the great importance of China-U.S. relations, and for advocating the strengthening of China-U.S. cooperation in jointly responding to global challenges and in sharing global development opportunities.     Hu pointed out that since the establishment of diplomatic relations between the two countries 30 years ago, bilateral relations have generally kept developing despite setbacks, scoring hard-earned achievements and bringing about tangible interests to both nations.     As the largest developing nation and the largest developed nation, China and the United States share extensive common interests on issues related to world peace and development, and both assume important responsibility in this regard, Hu said.     In the new historical period of time, China is willing to maintain high-level exchange with the United States and also contacts at all levels, continue strategic dialogue with the United States, increase exchange and cooperation between the two countries in all fields, and strengthen the exchange of opinion and coordination with the United States on major international and regional issues, the Chinese president noted.     China and the United States should respect each other and accommodate each other's concerns, and appropriately settle sensitive issues between the two countries, particularly the Taiwan issue, in order to promote the China-U.S. relations of constructive cooperation to a higher level, he said.     Speaking on the same occasion, Obama said that China is a great nation and that China's development and success meet U.S. interests.     On today's international arena, U.S.-China relations are relations of vital importance. The development of U.S.-China relations is not only in the interest of both nations, but also benefits the world, Obama said.     Saying that U.S.-China relations face many development opportunities, Obama expressed the hope that the United States and China will strengthen cooperation, and promote greater development of bilateral relations, to bring benefits to both nations.     The United States hopes to strengthen consultation and coordination with China on security, climate change and regional hotspot issues, to promote settlement of the relevant issues.     Hu pointed out that the current global financial crisis has seriously impacted economic development and people's livelihood in all countries around the world. The international community should increase confidence, strengthen coordination and have close cooperation, in effectively dealing with this global challenge.     A world economic summit will be held in Washington on Nov. 15, and China attaches great importance to it. China is willing to discuss with other participants in the summit how to adopt powerful measures to reestablish market confidence as early as possible, how to prevent the global financial crisis from proliferation and spreading, and how to diminish its impact on real economies, in a bid to avert a possible global economic recession, Hu said.     The global financial crisis has led to the exposure of many deep-hidden drawbacks of the global financial system.     The international community should earnestly sum up the lessons from the global financial crisis and launch necessary reforms of the global financial system, on the basis of sufficient consultation among all interested parties, Hu said.     In particular, efforts should be made to explore in an in-depth way solution of such major questions as how to strengthen international financial supervision and regulation, how to improve the system of international financial organizations and how to improve the international monetary system, the Chinese president said.     Obama said that settlement of the global financial crisis requires close cooperation by governments of all countries, expressing the hope that the United States and China will strengthen cooperation at the world economic summit planned for November 15 in Washington.