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ZURICH, Switzerland, July 18 (Xinhua) -- Top Chinese legislator Wu Bangguo and Doris Leuthard, president of the Swiss Confederation, held talks on Sunday and agreed to expand their bilateral cooperation.Wu, chairman of the Standing Committee of China's National People's Congress (NPC), delivered Chinese President Hu Jintao's regards to Leuthard. He said China will work together with Switzerland to push forward the Sino-Swiss ties.The Chinese and Swiss economies are highly complementary and have large potential in economic cooperation, said Wu. China expects to make joint efforts with Switzerland to strengthen cooperation in such areas as financial service, environmental protection, green economy and low-carbon technology while deepening cooperation in traditional fields, he said.Leuthard highly commended the progress in Sino-Swiss relations in recent years.She said Switzerland, which is one of the earliest western countries to establish diplomatic ties with China, gives great attention to a friendly cooperation with China and is willing to deepen the bilateral ties. Switzerland regards China as an important partner and looks forward to carrying out cooperation in environmental protection, energy-saving and sustainable economic development, she added.She reaffirmed the Swiss government's stance on one-China policy.During the talks, the two leaders also exchanged views on global issues such as financial crisis and climate changes.Wu is here on an official goodwill visit to Switzerland. He is set to leave for Geneva to attend the third World Conference of Speakers of Parliament later on the day.
TORONTO, Canada, June 26 (Xinhua) -- Chinese President Hu Jintao visited an aircraft manufacturing facility on Saturday morning, in a gesture to show that China attaches importance to expanding mutually beneficial cooperation with Canada.Bombardier, a Canada-based global manufacturer of planes and trains, has cooperation projects with China in the areas of civil aviation and rail transportation.It has been working with the Shenyang Aircraft Corporation (SAC) of China to jointly develop and manufacture the innovative C series of airplanes.Hu toured the factory to have a close look at the components of the Q400 aircraft, which was partly manufactured in Shenyang. He took a photo with Pierre Beaudoin, president and chief executive officer of Bombardier Inc., in front of the components made in China.Visiting Chinese President Hu Jintao (L, front) visits the cabin of an aircraft during a tour of the aircraft factory of Bombardier Aerospace in Toronto, Canada, June 26, 2010.The president also went aboard a Q400 aircraft and a Global 5000 jet on display in the factory. He expressed the hope that the cooperation between Chinese companies and Bombardier would have an even better future.Bombardier has developed a strong strategic partnership of mutual trust and mutual benefit with China, Beaudoin said.President Hu's visit is of great significance for advancing cooperation between Bombardier and its Chinese partners, he said.Bombardier is ready to work with its clients and cooperative partners in China to create a better future, he added.He also expressed the hope that Canada and China would develop an even stronger, constructive and sustainable relationship.Bombardier has set up three joint ventures and six wholly owned enterprises in China, all in the rail transportation industry.In recent years, Bombardier has identified China as an emerging market for its commercial aircraft and enlisted several local subcontractors for making aircraft components. The Canadian company now has offices in Beijing, Shanghai, Guangzhou and Hong Kong.Hu arrived in Toronto on Friday afternoon after spending three days in Ottawa, where he and Canadian Prime Minister Stephen Harper witnessed the signing of a number of documents on cooperation between the two countries.Hu is to attend a summit of the Group of 20 countries in Toronto at the weekend.
BEIJING, June 10 (Xinhua) -- China's exports surged by 48.5 percent year on year in May, while the imports climbed 48.3 percent, the General Administration of Customs (GAC) announced Thursday.The growth rate for exports was 18.1 percentage points up from the figure for April, and the import growth rate dipped slightly from 49.7 percent reported in April.Exports totalled 131.76 billion U.S. dollars in May, said a statement on the GAS website, adding imports topped 112.23 billion U.S. dollars.Total foreign trade value rose 48.4 percent from a year earlier to 243.99 billion U.S. dollars in May. The figure was even 10.2 percent higher than May 2008 before the global financial crisis began, the statement said. Photo taken on June 8, 2010 shows the colossal chemicals-transport ship of Attilio Ievoli, which is manufactured by the Rushan Shipbuilding Co., Ltd. for export to Italy, taking water at its launching ceremony, at Rushan, east China's Shandong Province. Exports were up 9.2 percent from May in 2008 and imports grew 11.4 percent.From January to May, the total value of foreign trade rose 44 percent year on year to 1.1 trillion U.S. dollars.Exports were up 33.2 percent to 567.74 billion U.S. dollars and imports rose 57.5 percent to 532.35 billion U.S. dollars, said the statement.The trade surplus fell 59.9 percent to 35.39 billion U.S. dollars in the first five months.
WASHINGTON, June 19 (Xinhua) -- The International Monetary Fund's chief Dominique Strauss-Kahn on Saturday welcomed China's decision to further reform its exchange rate mechanism and said that the move will benefit Chinese consumers.China's announcement is "a very welcomed development," Strauss-Kahn said in a statement.The move "will help increase Chinese household income and provide the incentives necessary to reorient investment toward industries that serve the Chinese consumer," he said.The People's Bank of China, China's central bank, earlier on Saturday announced a decision to proceed further with the reform of the exchange rate regime to enhance the flexibility of the RMB's exchange rate.
PARIS, Aug. 5 (Xinhua) -- Police in China and France have dismantled a network that tried to smuggle Chinese migrants into Italy and Spain on boats, officials said Thursday.The French Immigration Ministry said several members of the network headed by a Chinese national living in Paris and a number of illegal immigrants were arrested July 27 during simultaneous operations in France and China. The ministry did not detail the number of arrests.Investigations showed that each illegal migrant paid between 12,000 (15,852 U.S. dollars) and 15,000 euros (18,915 U.S. dollars) to book a ticket to Europe.France hailed police efforts and called for stronger cooperation ties with China to crack down on human trafficking."I congratulated the teams ... for dismantling an important network of illegal immigration from China, to Italy, Spain and Luxembourg, whose principal organizers were based in Paris and Shanghai," said Eric Besson, the French Minister of Immigration, Integration, National Identity and Solidarity Development.