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BEIJING, May 29 -- The Asian Development Bank (ADB) has called on Asian economies to strengthen their infrastructure investment through an effective financing framework to achieve higher and more sustainable growth.To that end, the bank said that as much as 0 billion would have to be invested annually in infrastructure across the region from 2010 to 2020. This means that around .25 trillion would be invested in that period in national and cross-regional infrastructure projects."In view of Asia's enormous untapped economic potential and the global financial crisis, now is the time to build efficient and seamless connections across Asia and with the rest of the world for a more competitive, prosperous and integrated region," said Masahiro Kawai, dean and CEO of the ADB Institute.A man working at the construction site of a railway line in Hainan province. The required infrastructure investment in the next 10 years is expected to produce income gains of about trillion across Asia.To meet the financing needs, the region could build an effective framework to mobilize its vast domestic savings as the main source, while encouraging private financing and participation involving public-private partnerships through "bankable" projects, said Kawai.He also suggested the strengthening of national and regional local currency bond markets, notably through the Chiang Mai Initiative, the Association of Southeast Asian Nations + 3 bond market initiative, and the Asian Bond Fund.

BEIJING, May 18 (Xinhua) -- Chinese Premier Wen Jiabao said Tuesday he expects the upcoming visit to China by German Chancellor Angela Merkel to be a new starting point in enhanced China-Germany economic cooperation.Wen made the remarks while meeting with German entrepreneurs and German President Horst Koehler in Beijing.Merkel will visit China in July, Wen said, adding that he hoped the two countries will cooperate in a tangible way.Wen met separately with Koehler earlier Tuesday afternoon.As major manufacturers and trading nations, China and Germany have played active roles in combating the financial crisis, Wen said.Chinese Premier Wen Jiabao (R Front) meets with German President Horst Koehler (L Front) in Beijing, capital of China, May 18, 2010.Wen said the world economy is recovering sluggishly.The sovereign debt crisis in Europe has slowed down the economic recovery, he said, adding that the impact of the crisis is more severe and complicated than people expected.He urged the international community, in particular the major economies, to have a clear understanding of the situation, strengthen confidence, and seek an effective mechanism for global economic governance with joint efforts, so as to actively promote the world economic recovery.Koehler agreed with Wen's views on the international financial situation, praising what China did to combat the financial crisis.

STOCKHOLM, March 30 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday met with Swedish King Carl XVI Gustaf, complimenting the Swedish royal family for their contributions to promoting relations between Sweden and China.At the beginning of the meeting, Xi conveyed Chinese President Hu Jintao's compliments and best regards to the Swedish king, for which the Swedish king expressed his gratitude.Xi said that 60 years ago Sweden led many Western countries in taking the initiative to establish diplomatic ties with the new China, a move which the Chinese government and people always highly appreciate.Chinese Vice President Xi Jinping (R) meets with Swedish King Carl XVI Gustaf in Stockholm, Sweden, March 30, 2010.Thanks to concerted efforts by both sides in more than half a century, the Sino-Swedish relationship has reached a mature phase featured with frequent exchange of high-level visits, steady increase in mutual political trust, close trade and economic ties, mutually beneficial cooperation in science and technology, education, culture and environment protection, and active interactions at the local government level and between the two peoples, Xi said.The Chinese government attaches great importance to develop friendly and cooperative ties with Sweden and highly values the active role Sweden plays in EU and international affairs, the Chinese vice president said.He said that the Swedish royal family has devoted themselves to promoting Swedish-Chinese exchange and friendship and made great contributions to the development of relations between the two countries.

BEIJING, April 12 (Xinhua) -- In a bid to further regulate the selection and promotion of government and Party cadres, the Communist Party of China (CPC) turned to the public for help in its four newly released documents."One breakthrough of these rules is we shift the focus from simply supervising the procedures of cadre selection and promotion to also weighing in what the colleagues and the locals think about," said a statement released Monday by the Organization Department of the CPC Central Committee.The four documents, promulgated on March 31 by the General Office of the CPC Central Committee, cover the selection and auditing of officials and set out penalties for those found guilty of misconduct in the selection and promotion of government and Party cadres.According to the new rules, personnel departments should consult staff within the organization on every newly appointed officials. The results, paired with local Party committees' official report on personnel changes, will be submitted annually to superior Party committees' for review.These opinions will also be incorporated into the work evaluation of officials in charge of local cadre selection and promotion.In serious cases, leading officials in the Party committees who misuse their power and violate CPC regulations on the selection and appointment of Party and government cadres could be dismissed from their posts, demoted, transferred to other posts, or asked to resign.To better solicit public opinions, Party committees at provincial levels across the country are moving to open online service and telephone hotline for whistleblowers to report such violations.According to the rules, personnel departments must carry out investigation based on detailed reports from the public and the media.

PRETORIA, March 30 (Xinhua) -- Top Chinese political advisor Jia Qinglin on Tuesday discussed with South African President Jacob Zuma on seeking stronger bilateral relations and coordinating the two countries' stances on climate change.Jia first extended the warm greetings and good wishes of Chinese President Hu Jintao to Zuma, who in return conveyed his greetings to Hu. Hu and Zuma have met several times on the sidelines of the international summits since Zuma took presidency last May.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top advisory body, was making the visit at the invitation of the National Council of Provinces of South Africa. Jia held talks with Mninwa Mahlangu, chairman of the National Council of Provinces of South Africa, at Cape Town Monday.Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), shakes hands with South African President Jacob Zuma during their meeting in Pretoria, South Africa, on March 30, 2010Zuma said Jia's visit was of great significance to boost bilateral relationship and called on both sides to take the opportunity of the visit to expand substantial cooperation and bring bilateral strategic partnership to a new high.On bilateral relations, Jia reviewed the growth of China- Africa relationship since the two countries established diplomatic ties in 1998, highlighting frequent visits, stronger political trust, enhanced economic cooperation and more solid public foundation.

来源：资阳报