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BEIJING, Nov. 25 (Xinhua) -- China on Thursday again called on the relevant parties to make joint efforts to safeguard peace and stability of the Korean Peninsula.Foreign Ministry spokesman Hong Lei made the remarks at a regular press briefing.The Republic of Korea (ROK) and the Democratic People's Republic of Korea (DPRK) exchanged artillery fire Tuesday in waters off the west coast of the Korean Peninsula, leaving four people dead.Hong initially expressed China's stance Wednesday with regard to the exchange of fire between the ROK and the DPRK.On Thursday, Hong again called on parties involved to stay calm and exercise restraint, and urged the ROK and DPRK to engage in dialogue and refrain from similar actions.China has always maintained that the relevant parties resolve disputes through negotiations and by peaceful means and be committed to safeguarding peace and stability in the Korean Peninsula, Hong said.China opposed any acts that harmed the peace and stability of the Korean Peninsula, he went on."It is very urgent and important to restart the six-party talks at the current stage," Hong said, adding China had maintained close contact with all the parties involved, including the United States.He said China hoped parties involved could make concerted efforts to properly handle their concerns through talks and consultation within the framework of the six-party talks, which involved China, the DPRK, the United States, the ROK, Russia and Japan.China would like to make concerted efforts with all parties to help ease tension, seek peace and stability in the Korean Peninsula, Hong said.With respect to the planned joint military drill between the United States and the ROK in waters off the west coast of the Korean Peninsula from Nov.28 to Dec. 1, Hong said China was concerned."China holds a consistent and clear stance on the issue," Hong said without elaborating.

ISLAMABAD, Dec. 18 (Xinhua) -- Chinese Foreign Minister Yang Jiechi and his Russian counterpart Sergei Lavrov on Saturday night called for restraint from all parties concerned to avoid escalation of tension on the Korean Peninsula.During a phone conversation with Lavrov, Yang, who is accompanying Chinese Premier Wen Jiabao on a visit to Pakistan, said the situation on the peninsula has become tense recently and may further deteriorate.China firmly opposes any actions to cause tension and worsen the situation, and demands both sides on the peninsula show calmness and restraint, carry out dialogue and contact, and completely avoid any actions that would fuel the tension, Yang said.China hopes other concerned parties would do more to help ease the situation on the peninsula, he added.Yang said China insists that all parties concerned conduct dialogue and consultation, and seek a peaceful settlement of the dispute.China is willing to keep close communication and coordination with Russia to prevent the situation from deteriorating and getting out of control, and help maintain peace and stability on the peninsula and in Northeast Asia.Lavrov, for his part, said Russia attaches high importance to the developments on the peninsula, adding his country has expressed great concern to relevant countries and demanded utmost calmness and restraint from all parties concerned.Russia is willing to work with China to make active efforts to reduce the tension on the peninsula, he said.South Korea has declared plans for a live shell artillery drill in the tense waters southwest of Yeonpyeong Island on a selected date from Dec. 18-21 depending on weather conditions.The Democratic People's Republic of Korea (DPRK) on Friday urged Seoul to immediately stop its plans for the shelling exercise, warning it would deliver a second and third "unpredicted self-defense counterattack" that would be bigger and more powerful than the previous one.South Korea and the DPRK exchanged artillery fires near the Yeonpyeong Island on Nov. 23, which killed four South Koreans.

WUHAN, Nov. 14 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said on Sunday that Sino-Indian relations have global influence as well as strategic significance.Yang made the remarks while meeting with his Indian counterpart, S.M. Krishna, in Wuhan, capital of central China's Hubei Province, during the 10th China-Russia-India foreign ministers' meeting.This year marked the 60th anniversary of the establishment of Sino-Indian diplomatic relations, said Yang.Yang also praised the continuing development of bilateral ties over the past 60 years, featuring frequent high-level exchanges and continuously enhanced bilateral cooperation in all areas.Chinese Foreign Minister Yang Jiechi (R) shakes hands with his Indian counterpart S.M. Krishna before their meeting in Wuhan, capital of central China's Hubei Province, Nov. 14, 2010.On international and regional issues, the two countries' communications and coordination are also becoming closer, said Yang, noting that China attached great importance to the strategic cooperative partnership with India.Further, leaders of China and India have agreed that the world is large enough to accommodate the common development of both China and India, and broad enough for the two countries to improve their cooperation, said Yang.Yang stressed that China was willing to work with India to seriously implement the consensus reached by both leaders, and strengthen bilateral communication, coordination and cooperation to promote the development of bilateral ties in the areas of politics, economics, trade, and culture.For his part, Krishna said India and China were ancient civilizations exerting important influence on the international affairs of this century. India attached great importance to the relationship with China, hoping to enhance high-level exchanges and mutual trust between the two countries with the goal of boosting bilateral relations.Krishna noted that India placed special emphasis on trade cooperation with China, welcoming more Chinese enterprises to invest in the future in Indian manufacturing industry and infrastructure construction.The two ministers also exchanged views on international issues of common concern.It was also noted that bilateral trade has increased, with an annual growth rate of more than 30 percent since 2004.Additionally, statistics released by the Chinese General Administration of Customs showed that the trade volume of the two countries had reached around 45.43 billion U.S. dollars from January to September, up 43.7percent compared with the same period last year.Chinese Foreign Minister Yang Jiechi, Russian Foreign Minister Sergei Lavrov and Indian Minister of External Affairs S.M. Krishna arrived in Wuhan Saturday afternoon for trilateral talks slated for Nov. 14 to 15.On the sidelines of the two-day meeting, Yang will also have separate bilateral talks with his Russian counterpart.During the two-day meeting, the three foreign ministers are scheduled to discuss international and regional issues of common interest aimed at promoting practical cooperation among the three countries.The last round of meetings of this kind was held in India in October 2009.

BEIJING, Nov. 27 (Xinhua) -- Two years of monetary easing policies helped China's economy emerge from the global financial crisis. Now, facing a runaway inflow of hot money, fast loan growth, and escalating inflation, China could become serious about tightening regulations to achieve a "soft landing".Analysts recently said China could see more interest rate hikes in the final month of 2010 in a bid to soak up excessive liquidity and prevent a potential overheating of the economy.Further, the People's Bank of China (PBOC) Deputy Governor Hu Xiaolian said on Oct. 24 that using multiple monetary policy tools to improve liquidity management and guide the money and credit growth back to normal would be the main task for the central bank in the remainder of this year.According to data released by the central bank Friday, in October those funds outstanding for foreign exchange (FOFE) hit 525.1 billion yuan (78.37 billion U.S. dollars), the second highest monthly record in history.That is to say, PBOC issued 519 billion yuan of Renminbi in October to purchase the same amount of fresh inflow of foreign exchanges, which usually enter the nation in the form of trade surplus, foreign direct investment and short-term international speculative funds."The huge inflow of hot money is an important reason behind the sharp rise in FOFE," said Zhang Ming, a researcher with the China Academy of Social Sciences (CASS).He noted, as the European debt crisis ceased, that speculative funds have returned to the emerging markets, notably after the U.S. Federal Reserve announced the second round of its quantitative easing policy."As the massive inflow of foreign exchange increases the domestic monetary base, it has become a major impetus of a broad money supply, which could exacerbate inflation," said Liu Yuhui, also a researcher with CASS.Hefty foreign exchange inflow usually goes together with soaring inflation. China's FOFE hit a record 525.1 billion yuan in April 2008. In the same month, China's Consumer Price Index (CPI), a main gauge of inflation, was up by 8.5 percent, which was unprecedented.Also, this October, the CPI rose by 4.4 percent, the highest amount in 25 months.Boosted by a massive trade surplus, the domestic monetary situation began easing in late 2008, as China's broad money supply exceeded 70 trillion yuan, surpassing the United States to become the world's largest.Li Daokui, a member of the monetary policy committee with the PBOC, said hefty money supplies posed huge risks to the nation' s banking system and, more imminently, would exacerbate the current inflation."The interest rate increase last month sent a signal that more such increases will come in the future," he said.

ADDIS ABABA, Dec. 13 (Xinhua) -- Ethiopian Minister of Finance and Economic Development Sufian Ahmed and a Chinese delegation led by Liu Liange, deputy president of Export-Import Bank of China (China Eximbank), on Monday discussed projects financed by the EximBank here in Addis Ababa, Ethiopia.The two sides exchanged ideas on ways of enhancing cooperation in infrastructure development and other sectors. Speaking at the discussion, Sufian said the two countries have been enjoying good relations in all sectors.He said China has forged good relations with the African continent in general and Ethiopia in particular."Particularly the relations between the two countries are increasing from time to time...We also thank the supporting hand of the Chinese government and the Chinese institutions. Exim Bank is one of the Chinese institutions we are working closely with," said Sufian.Liu Liange, on his part, said China has attached great importance to the China-Africa relations.He also said the state-owned China Eximbank would continue working in cooperation with Ethiopia.Sufian Ahmed told Xinhua after the discussion that they had fruitful talks with the Chinese delegation.He said they had agreed to further enhance cooperation between the two sides.

来源：资阳报