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BEIJING, Oct. 19 (Xinhua) -- An Economic Cooperation Framework Agreement (ECFA) could make the Chinese mainland and Taiwan complement each other and achieve the best win-win results, Yao Jian, spokesman of the Ministry of Commerce (MOC), said here Monday. "The ECFA could enhance the well-being of the people across the Taiwan Straits," Yao said in a statement on the ministry's website. He added that with increasingly strengthened cross-Straits economic cooperation, the signing of the ECFA should be in line with the development of the cross-Straits relationship and the characteristics of the mainland-Taiwan economic and trade cooperation. The ECFA would help reduce trade barriers gradually and bring positive effects to the economies, trade and most industries across the Straits, according to a latest research report completed by the academy of international trade and economic cooperation under the MOC. Official figures revealed that the combined cross-Straits trade volume stood at 129.22 billion U.S. dollars in 2008.
BEIJING, Dec. 16 -- Premier Wen Jiabao will leave for Copenhagen this afternoon, hoping to help seal a fair and effective climate change deal for the planet and secure China's emission rights. Wen will join world leaders, including US President Barack Obama, at the United Nations climate change conference in Oslo for its crucial last two days. Foreign Ministry spokesperson Jiang Yu Tuesday said he is likely to meet state leaders from India, Brazil and South Africa, among others. "China, as a developing country, will make its due contribution to the UN conference," said Jiang. It is not yet known whether Wen and Obama will meet on the fringes of the conference but he has worked the phones relentlessly in the past 10 days, calling as many as 10 world leaders and UN chief Ban Ki-moon in an attempt to secure a workable agreement. Chinese officials have also had important meetings in recent days with negotiators from many countries, including representatives from the United Kingdom and Germany. But during the past 10 days, China and the US have not held any official meetings at any level in respect to climate change. If Wen and Obama do get the chance to meet, they will likely have lots to talk about - the US recently urged China to accept a binding carbon reduction target and said it will not provide financial support to Beijing for climate initiatives. China, meanwhile, called on the US to set a more ambitious target for emissions reduction after Washington promised to cut them by around 4 percent by 2020 from the 1990 base. Developing countries had urged the US and wealthy countries to slash emissions by 40 percent. Experts have called on the US and China to narrow their differences in a bid to ensure the conference is a success. Experts played down the likelihood of the world achieving an ambitious global treaty in Copenhagen but said Wen will defend China's status as a developing country and protect its right to economic expansion in the future. Jiang said the summit has seen both conflicts and achievements. She said the main stumbling block to real progress has been the reluctance of developed nations to hand over funding and technical support to developing nations that they promised in earlier agreements. "If they abandon the principles of the Bali Road Map and the Kyoto Protocol, it will have a negative impact and hamper the conference," Jiang said. She added that China supports the contention that some smaller developing island countries and African countries are in the most urgent need of funding support and should get help first. But the spokesperson stressed that developed countries have a legal obligation to help all developing countries. Huang Shengchu, president of the China Coal Information Institute, said the fact that Wen will be in Copenhagen shows the determination of the Chinese government to secure a good deal. Zhang Haibin, an environmental politics professor at Peking University, said the presence of leaders such as Wen will inject hope that a deal can be found. "It demonstrates the leaders' will to take up the responsibility to rescue the whole of human kind," said Zhang. "However, because of the nature of world politics, the chances of reaching an effective and ambitious agreement, in the end, are slim." John Sayer, director of Oxfam Hong Kong, said many developing countries, including China, India, Brazil and South Africa, have voluntarily offered to cut emissions. China recently said it will reduce its carbon intensity by between 40 and 45 percent by 2020 from the 2005 base level. However, as Zhang pointed out, some US experts, instead of welcoming such offers, have called on China to let international organizations verify that emissions are indeed falling. Daniel Dudek, chief economist with the US Environmental Defense Fund, said the world seems to be unsure about whether China is serious about cutting emissions and achieving a good post-Kyoto deal. "I think that people want to be reassured that China wants to achieve an agreement at Copenhagen and that China values moving forward on climate change more than winning its negotiating positions," he said.

ASTANA, Dec. 12 (Xinhua) -- Chinese President Hu Jintao and Kazakh President Nursultan Nazarbayev on Saturday pledged to advance their countries' strategic partnership. During a meeting with Nazarbayev, Hu put forward a five-point proposal for the development of bilateral relations between China and Kazakhstan. Firstly, China and Kazakhstan should strengthen their political mutual trust by maintaining the momentum of frequent high-level contact and expanding cooperation and exchanges between parliaments and government departments, Hu said.Chinese President Hu Jintao (L) meets with Kazakhstan's President Nursultan Nazarbayev in Astana Dec. 12, 2009. The Chinese president said the two sides should strengthen mutual support on major issues concerning each other's core interests so as to enhance mutual understanding and trust. Hu said he has accepted an invitation by Nazarbayev to visit Kazakhstan next year, adding that he also invited Nazarbayev to visit China at a convenient time in the near future. Secondly, Hu said the two countries should deepen their cooperation in the energy sector, and earnestly implement the operation and maintenance of the China-Kazakhstan natural gas pipeline. The two countries should also strengthen cooperation in the mining sector, he said. Thirdly, China and Kazakhstan should advance their cooperation in non-energy sectors so as to push forward practical bilateral ties in an all-round manner. The Chinese president said the two countries should step up efforts to carry out their cooperation plans in non-energy sectors and in promoting the implementation of the first batch of their cooperation projects. Hu also called for joint efforts from both sides in expanding the scale and improving the economic returns of their non-energy cooperation. Fourthly, the two sides need to strengthen cooperation in the financial sector, especially in such areas as loans and financing, financial supervision, risk prevention and anti-money laundering. He said the two sides should accelerate the implementation of agreements on the 10-billion-dollar loan China provided for Kazakhstan to create favorable conditions for their cooperation in energy, mining and non-energy sectors. Chinese President Hu Jintao (L) and Kazakhstan's President Nursultan Nazarbayev (R) attend the completion ceremony of the Kazakhstan-China natural gas pipeline in Astana Dec. 12, 2009. Fifthly, Hu said the two sides should expand cooperation and exchanges in the fields of humanities and culture. He said China is ready to expand cooperation with Kazakhstan insuch areas as science, technology, education, culture, sports and tourism. He also announced a decision to increase from 100 to 200 the number of Kazakh students who study in China on Chinese government scholarships every year. Nazarbayev agreed with Hu's five-point proposal and said the Kazak side was satisfied with the development of the good-neighborly friendship and strategic partnership enjoyed by the two countries. Hu's visit took place on the eve of the 18th anniversary of Kazakhstan's independence, which Nazarbayev said reflects the importance that China places on its relations with his country. The two leaders watched the completion of a natural gas pipeline in Kazakhstan earlier Saturday. The pipeline is part of the China-Central Asia gas pipeline that links Turkmenistan, Uzbekistan and Kazakhstan. Noting that bilateral relations have ushered in a new stage of energy cooperation, Nazarbayev said his country was willing to strengthen pragmatic cooperation with China in the fields of trade, finance, infrastructure, energy and non-energy. He also agreed with China's handling of the July 5 incident in Urumuqi in northwest China's Xinjiang Uyghur Autonomous Region and reiterated his support for China's efforts to strike against the "three evil forces" of terrorism, separatism and extremism China's efforts were necessary to maintain stability in Xinjiang, and were good for stability in Kazakhstan, he said. The president also thanked the Chinese government for increasing the number of Kazak students studying in China and said his country was ready to work with Beijing to smoothly run the two Confucius Institutes in Kazakhstan. China and Kazakhstan have witnessed sustained, rapid and healthy progress of bilateral ties since establishing diplomatic relations in 1992. Kazakhstan has become China's largest trading partner in Central Asia. Despite the global financial crisis, two-way trade reached 17.55 billion U.S. dollars in 2008, exceeding the 15-billion-dollar target set by the two countries' governments. China and Kazakhstan have also made concerted efforts in fighting against the "three evil forces", cracking down on drug trafficking and other cross-border crimes. Hu arrived in Astana earlier Saturday for a two-day visit to Kazakhstan at the invitation of Nazarbayev. Kazakhstan is the first leg of Hu's two-nation Central Asia trip. He is expected to leave Kazakhstan on Sunday for Turkmenistan.
BUCHAREST, Oct. 20 (Xinhua) -- Chinese Vice President Xi Jinping said Tuesday that China values its ties with Romania and is willing to work with the Romanian people to enhance cooperation and cement friendship. Xi made the remarks when meeting with people from all walks of life in Romania, including parliament leaders, government officials, former ambassadors to China and others. The Chinese and the Romanian people enjoy profound friendship, Xi said. They have respected and supported each other and treated each other on an equal footing since the two countries established diplomatic ties 60 years ago. Visiting Chinese Vice President Xi Jinping (C) addresses a seminar marking the 60th anniversary of the establishment of the diplomatic ties between China and Romania, in Bucharest, capital of Romania, Oct. 20, 2009. He said the Chinese people will not forget the sympathy, support and assistance the Romanian people have offered to China in the early years of new China, in China's efforts to restore its legitimate seat in the United Nations, or other issues that bear on China's core interest and major concerns. Visiting Chinese Vice President Xi Jinping (C Back) addresses a seminar marking the 60th anniversary of the establishment of the diplomatic ties between China and Romania, in Bucharest, capital of Romania, Oct. 20, 2009 Xi cited the example of Romania's assistance last year when China was hit by a devastating earthquake and other natural disasters. Likewise, China has offered within its power, support and assistance to Romania when its people were in need, he added. Xi noted that China-Romania relations have set a good example of state-to-state relations. He attributed the sound development of bilateral ties to the unremitting efforts by people devoted to promoting friendly relation between the two countries. For his part, Adrian Nastase, Romanian vice president of Chamber of Deputies and former prime minister, said the Romanian people would not forget the precious help and support from China at different times. Maintaining friendly ties with China has been a priority for Romania's foreign policy no matter which party takes power, Nastase said, reiterating the country's willingness to make joint efforts with China and carry on their friendship from generation to generation. After hearing speeches by participants at the meeting, the Chinese vice president said the gathering was intended to show that the Chinese people cherish their friendship with Romanians and the Chinese government values its relations with Romania. China is ready to join hands with Romania to enhance their cooperation of mutual benefit and promote their traditional friendship, Xi said. He also encouraged the participants to contribute more to promoting China-Romania friendship so as to create a bright future for bilateral ties. Xi arrived here Sunday on an official visit to Romania, which was the last leg of his five-nation European tour.
BEIJING, Nov. 15 (Xinhua) -- China should enhance supervision and management of the country's insurance investment, said Li Kemu, vice chairman of the China Insurance Regulatory Commission (CIRC),on Sunday. "With insurance funds were extended into disparate fields, other than bank deposit, demand for a better supervision and risk control enhanced, said Li at the International Finance Forum held in Beijing. By the end of September, 3.4 trillion yuan (497.8 billion U.S. dollars) of insurance funds were invested in bonds, mutual funds, and stocks markets. Bonds investment alone accounted for 50.6 percent of the total. Jiang Dingzhi, China Banking Regulatory Commission (CBRC) Vice Chairman also highlighted the importance of establishing a "all-coverage" financial supervision system. He suggested the country broaden the financial supervision and management system, which would put the mutual funds, hedge funds, and credit risks appraisal agencies under control. The new system requires financial institutions to share information, and also cooperate to fill the supervision blanks between different financial markets, he said.
来源:资阳报