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ANKARA, Oct. 8 (Xinhua) -- China and Turkey on Friday issued a joint declaration on the establishment and development of a strategic relationship of cooperation, further upgrading the level of bilateral relations.The two emerging developing countries agreed to maintain the momentum of high-level exchange of visits, deepen political mutual trust, expand bilateral friendly exchanges and formally launch a mechanism of joint working group of the two foreign ministries, the declaration said.Chinese Premier Wen Jiabao was in Turkey for an official visit Thursday through Saturday at the invitation of Prime Minister Recep Tayyip Erdogan. Chinese Premier Wen Jiabao (R) meets with Turkish President Abdullah Gul in Istanbul, Turkey, Oct. 8, 2010.During his visit, Premier Wen met with President Abdullah Gul and held talks with Prime Minister Erdogan. In a frank, friendly and pragmatic atmosphere, leaders of the two countries had an in-depth exchange of views on how to further expand and deepen China-Turkey mutually beneficiary cooperation in all fields and on regional as well as international issues of common interest, reaching broad consensus, the declaration said.The two sides made an overall review of and highly appraised the development of bilateral relations and expressed satisfaction over the fruitful achievements in the relations.It is the shared view of the two sides that as emerging developing countries, both China and Turkey are at an important stage of development, the declaration said."With the historical background of deep and complex changes in the international situation, the continuous expansion of China-Turkey friendly relations and cooperation, both in scale and content, will not only benefit the two peoples, but also contribute to regional and world peace, stability and development," it added.

SHANGHAI, Oct. 30 (Xinhua) -- Chinese Premier Wen Jiabao's trip to Vietnam, during which he attended a series of summits between the Association of Southeast Asian Nations (ASEAN) and its partners, enhanced good-neighborly relations, promoted regional cooperation and common development, Foreign Minister Yang Jiechi said Saturday.During his three-day stay in Hanoi, Wen attended the 13th summit between China and ASEAN (10+1), the 13th summit between ASEAN, China, Japan and the Republic of Korea (10+3) and the fifth East Asia Summit. He also had bilateral meetings with some leaders on the sidelines of the summits.When briefing reporters on the outcome of the premier's trip, Yang said that the situation in East Asia is undergoing profound changes, with both opportunities and challenges ahead.Chinese Premier Wen Jiabao (6th L) poses for a group photo with leaders attending the 13th China-ASEAN Summit in Hanoi, capital of Vietnam, Oct. 29, 2010.To boost political mutual trust, promote mutually beneficial cooperation and push for regional integration and sustainable development is the common will shared by countries in the region, and is also the main theme of the summits, Yang said.He said peace, stability and development of East Asia is crucial to China, and that China has always valued and participated in cooperation with East Asian partners.The goal of Premier Wen's trip was to cement good-neighborly relationship, deepen regional cooperation and boost common development, Yang said.During his 48-hour stay in Hanoi, Wen attended some 20 activities, delivered several important speeches, and put forward dozens of proposals, Yang said.The premier also had extensive contacts with leaders of other countries, held in-depth exchanges with them, and expounded in a sincere and objective manner China's foreign policy principles of "building friendship and partnership with neighboring countries" as well as its policy of seeking mutually beneficial and peaceful common development with other countries, Yang said.China's position was hailed by all sides, and Wen's trip further strengthened China's friendly cooperative ties with its neighbors, and boosted East Asia cooperation, Yang said.Premier Wen's pragmatic and highly-efficient trip scored great successes, the top Chinese diplomat said.

WASHINGTON, Oct. 7 (Xinhua) -- China's growth is a very important force in the global recovery, World Bank Group President Robert B. Zoellick told reporters here on Thursday in response to a Xinhua question.Zoellick made the remarks during a press briefing ahead of the Bank's annual meeting this weekend.Asked what China can contribute to the world development, the president, who just concluded a week-long China tour last month, said China's growth itself is important contribution to the world. World Bank President Robert B. Zoellick hosts a press briefing ahead of the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C., capital of the United States, Oct. 7, 2010.China's economy is projected to grow 10.5 percent in 2010 and 9. 6 percent in 2011, driven by domestic demand, according to the biannual World Economic Outlook (WEO) released by the International Monetary Fund (IMF) on Wednesday."China's strong and sustained growth over the past several years has served as a linchpin for global trade, benefiting exporters of commodities and capital goods," said the report.The World Bank chief stressed the importance of new multi-polar economy requiring multi-polar knowledge, with rising economies contributing new experiences to the world.Recovery is happening, but not quick enough to bring enough jobs, and the economic downturn is still hurting people's jobs and lives, said Zoellick."We need a more balanced and sustainable growth," he added.Zoellick also warned of a potential resurgence of protectionism in the post-crisis period. He stressed that protectionism is not a way out, and it may only risk the repetition of mistakes of the 1930s.

BEIJING, Nov. 2 (Xinhua) -- China will reduce its rare earth export quotas next year, but not by a very large margin, Yao Jian, spokesman of China's Ministry of Commerce, said Tuesday."To protect the environment and natural resources, China will stick to the quota system to manage rare earth exports next year, and quotas will also decline," Yao told Xinhua.Though giving no clear extent of the decline, Yao's remarks echoed the comments of Wang Jian, a vice minister of commerce, made Monday at a press conference."I believe China will see no large rise or fall in rare earth exports next year," said Wang.Wang emphasized that China has no embargo on rare earth exports, even though it uses a quota-system as a method of management.Containing a class of 17 chemical elements, rare earths have been widely employed in manufacturing sophisticated products including flat-screen monitors, electric car batteries, wind turbines, missiles and aerospace alloys. However, mining the metals is very damaging to the environment.Chinese officials have said on many occasions that China will strictly protect its non-renewable resources to prevent environmental damages due to over-exploitation and reckless mining.China started the quota system on rare earth exports in 1998 and later banned it in processing trade. In 2006, China stopped granting new rare earth mining licenses and existing mines have since been operating according to government plans.In early September, the State Council, or China's Cabinet, unveiled regulations to encourage merger and acquisitions within the industry.However, China's restrictive policies were criticized by Japan, the United States and other European countries, claiming China's management violated World Trade Organization rules."China has no choice but to take such measures," Chen Deming, China's Commerce Minister, said in August. He pointed out that exports of rare earths should not threaten the country's environment or national security.In response to the increasing criticism of China's rare earth exports management, the spokesman for China's Ministry of Industry and Information Technology said last week that China "will not use rare earths as a bargaining chip"."It is the common strategy of some countries, such as the United States, to use global resources while conserving their own in their homeland," said Zhang Hanlin, director of China Institute for WTO Studies in China's University of International Business and Economics."Creating conflicts on resource issues for their self interests is a common practice," he said.China is the world's largest producer and exporter of rare earths. With about one-third of all proven rare earth reserves, China's exports account for more than 90 percent of the world total."This shows some countries are conserving rare earth resources," said Yao.Early media reports said China would reduce the export quotas by up to 30 percent in 2011. Yet, this was denied as "false" and "groundless" by the Ministry of Commerce.The ministry said the Chinese government will set the 2011 export quotas based upon the rare earths output, market demand and the needs for sustainable development.It also said China would continue to supply rare earths to the world. Meanwhile, it will also take measures to limit the exploitation, production and exports of rare earths to maintain sustainable development, which is in line with WTO principles."Some countries managed to meet the openness requirement of international trade policies when limiting its resources exports," said Feng Jun, a director of the Shanghai WTO Affairs Consultation Center."China should learn from the experiences and explore its own way of protecting its strategic resources," said Feng.

BEIJING, Aug. 31 (Xinhua) -- China's banking regulator will strictly implement the central government's macroeconomic policies that aim to curb soaring housing prices, an official said Tuesday.Ye Yanfei, deputy head of the Statistics Department of the China Banking Regulatory Commission (CBRC), said the CBRC will restrain speculative property investment and support the building of affordable housing while controlling risk.China's housing market and lending to the property sector are crucial to the national economy and people's livelihood, as well as to the stable and steady development of the nation's banking sector, Ye said at a seminar in Beijing.Ye's remarks come after the banking regulator said it would further "instruct and monitor" commercial banks' efforts to strengthen the management of lending to home-buyers.Ye's comments echo those of Zhang Ping, director of the National Development and Reform Commission, who said last Thursday in a report to China's top legislature the government will "further implement the measures meant to curb excessive gains in housing prices and resolutely restrain speculative property investment in the second half the year."Ye also said the CBRC has pushed lenders to test the impact of falling house prices, although the regulator said earlier that hypothetical scenarios examined in stress tests do not herald any change in policyHousing prices in major Chinese cities rose 10.3 percent year on year in July, slower than the 11.4 percent growth rate in June, according to official figures.On a monthly basis, housing prices in June fell 0.1 percent from May and July prices were unchanged from June.