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HONG KONG, March 14 (Xinhua) -- China may get a more level playing field in terms of self-positioning when dealing with the United States amid the economic downturn, but Chinese leaders should beware of the potential traps behind U.S. flattering, scholars and senior editors said Friday.     Speaking at a Financial Times forum on Sino-U.S. relations in Hong Kong, the scholars said they expected the bilateral relationship to remain generally healthy in years ahead as both sides want stability and were pragmatic.     China is currently preoccupied with tackling the challenges facing itself, such as the need to further restructure the economy, finding an alternative development model to the export-driven growth of the past decades, and even the pressure of social instability.     The decisions made by Chinese leaders in dealing with the current crisis "will set the way for the long-term reinvention of the Chinese economy," said Jonathan Fenby, author of A History of Modern China published by Penguin.     China will emerge stronger if it can deal with the issues rightly, he said.     Lifen Zhang, editor-in-chief of FTChinese.com, said China does not have the strength to be the economic savior amid the current crisis and should handle self-positioning carefully when dealing with the United States.     "There is a lot of flattering going on at the moment, but be careful. What do the Americans really want?" he said, adding that a number of scholars have recently written on the topic.     On the top of the U.S. agenda was currently the need to restore confidence and integrity in the world's most developed economic system, which calls for cooperation from China, the world's fastest growing developing economy, said Simon Schama, professor of history at the University of Columbia.     But Schama said China should bear in mind that the next election in the United States will be in 2010 and avoid overplaying the leverage in its hand.     "What the Chinese government ought to be aware of is not so to overplay in its hands this leverage as to encourage a .. backlash" as the conservatives may seize certain popular issues, including trying to present an image of the Obama administration as being too soft, he said.

CARTAGENA, Colombia, Feb. 15 (Xinhua) -- Visiting Chinese Vice President Xi Jinping Sunday held talks with Colombian President Alvaro Uribe in the northern Colombian port city of Cartagena.     Xi first transferred the sincere regards of Chinese President Hu Jintao and Premier Wen Jiabao to Uribe, and expressed his thanks to Uribe for specially coming here to meet the Chinese delegation. Visiting Chinese Vice President Xi Jinping meets with Colombian President Alvaro Uribe in Cartagena, a port city of Colombia, on Feb. 15, 2009Xi said the two peoples have enjoyed long friendship, which is deep-rooted in their hearts, despite the long distance between the two countries.     He mentioned Uribe's visit to the Chinese embassy last May to mourn the victims in the devastating quake in Sichuan province in southwestern China, and the Colombian government's statement to express its condolences to the victims.     He also said that after Colombia was struck by severe floods not long ago, the Chinese government provided aid to the South American country. Visiting Chinese Vice President Xi Jinping meets with Colombian President Alvaro Uribe in Cartagena, a port city of Colombia, on Feb. 15, 2009These moves reflected the deep friendship between the two peoples, said Xi, who arrived in Colombia Saturday for a three-day visit.     He said bilateral relations have made great headway in recent years under the care of the two countries' leaders.     In November, President Hu reached consensus with Uribe on deepening bilateral sincere and friendly political ties, strengthening mutually beneficial, win-win and practical cooperation, increasing civil exchanges, and boosting multilateral coordination and cooperation, Xi said.     The consensus is the principle and direction for the development of bilateral ties in the following period of time, he added.     Xi said next year will mark the 30th anniversary of the establishment of bilateral diplomatic relations, and bilateral ties will enter a mature period that enjoys full-scale development.     He said both sides should seize this opportunity to fully implement the consensus reached by the two countries' leaders and focus on the work in the following four fields:     -- to increase mutual trust in political affairs, deepen their sincere friendship, and care each other's concerns;     -- to make use of the advantage of mutual complementarity, expand bilateral trade, and promote trade balance;     -- to broaden cooperation fields, actively explore new fields and ways for mutually beneficial cooperation, and meet the new demands of common development;     -- to encourage investment and cooperation in various forms and promote the level of bilateral practical cooperation, with the Chinese government encouraging and supporting Chinese companies to carry out trade, economic and investment activities in Colombia.     For his part, Uribe asked Xi to convey the Colombian people's greetings to President Hu and the Chinese people.     Colombia attaches great importance to its relations with China and has always cherished friendly feelings for China, he said, adding that the Colombian government and people have very much looked forward to Xi's visit and are satisfied with the growth of bilateral relations in recent years.     Uribe recalled last year's signing of the bilateral investment protection agreement which he and President Hu had witnessed, saying it is a notable sign of the development of cooperation between Colombia and China.     Uribe expressed gratitude to the Chinese government for its assistance to Colombia and voiced appreciation for China's accession into the Inter-American Development Bank, which he believes will help strengthen Colombia-China relations.     Chinese enterprises are warmly welcomed to invest in and trade with Colombia, which has rich natural resources and a steadily-growing economy, he said.     Noting that Colombia is impressed by the efforts China made to cope with the global financial crisis and stimulate economic growth, Uribe expressed his belief that China is an engine of the world economy and its development and growth pace are key to a quick recovery of the world economy from the financial crisis.     Colombia stands ready to broaden its cooperation with China and push their relationship to new heights, he said.     Colombia is the third leg of Xi's six-nation tour. He has already visited Mexico and Jamaica and will also visit Venezuela, Brazil and Malta.

BEIJING, Feb. 8 (Xinhua) -- China's state assets watchdog will closely watch over projects implemented by state-owned enterprises(SOEs) in the country's massive stimulus package to prevent corruption, an official said here Sunday.     The State-owned Assets Supervision and Management Commission (SASAC) will strictly look into the progress and fund use of projects by SOEs directly under the central government, said the SASAC director Li Rongrong.     Many projects are estimated to see over tens of millions of yuan put in, making it a more important task to fend off corruption, he said at an SOE meeting on disciplinary inspection work.     China unveiled a stimulus package with a total investment of 4 trillion yuan (586 billion U.S. dollars) in November to boost domestic demand and offset the world economic slowdown.     Of the total, 100 billion yuan had been allocated by the central government by the end of last year.     Li said inspectors will particularly focus on projects in such sectors as power grids, telecommunications, transportation, equipment, construction and metallurgy.     The SASAC will also check whether the projects cause environmental hazards, consume too much energy and resources or result in excessive capacity, said Li.     A total of 4,960 Chinese officials above the county level were punished in a year ending November 2008, data show. They were involved in corruption and commercial bribes, hurting people's interests.

NAYPYITAW, Myanmar, March 26 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), said here Thursday afternoon that CPC and the Chinese government attached high importance to its ties with neighboring Myanmar.     Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, held talks with Tin Aung Myint Oo, first secretary of the State Peace and Development Council (SPDC) and made above remarks.     Even though the national conditions of China and Myanmar are different and the international and regional situation also witnessed major changes, Li said, China and Myanmar have adhered to the Five Principles of Peaceful Co-existence, which was jointly initiated by China, Myanmar and India in the 1950s.     To further promote the bilateral ties, Li suggested both to maintain high-level exchanges for increasing mutual trust in the political area through the direct exchanges of the two leadership. Li Changchun (2nd L), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with Tin Aung Myint Oo, first secretary of the State Peace and Development Council (SPDC) of Myanmar, in Nay Pyi Taw, capital of Myanmar, March 26, 2009On economic cooperation, Li proposed to advance cooperation in key sectors and big projects in such areas as energy, transport and telecommunication.     "China will continue to encourage competent enterprises to invest in Myanmar or participate in your infrastructure construction," he said.     He also called on both to enhance cultural exchanges and cooperation while enhancing the friendly feelings of the two peoples.     To expand the channels for friendly contacts, Li hoped the political organizations could increase their communication.     On global and regional affairs, the two can strengthen communication and coordination in an effort to safeguard the mutual interests of the two countries for the regional peace, stability and development, Li said.     Tin Aung Myint Oo agreed with Li's suggestions to promote bilateral ties and said a developing China is an importance force for maintaining peace in the region and the world at large. Li Changchun (2nd R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, holds talks with Tin Aung Myint Oo (1st L), first secretary of the State Peace and Development Council (SPDC) of Myanmar, in Nay Pyi Taw, capital of Myanmar, March 26, 2009He said the cornerstone of Myanmar's China policy is to actively develop Myanmar-China friendly cooperation in all areas and adhere to the one-China principle.     He said the roles of the governments and enterprises of both countries should be given full play in advancing concrete cooperation in various economic sectors.     He also thanked China for the assistance to Myanmar after the cyclone Nagris hit the country last year.     After the talks, relevant government departments inked cooperative agreements, including one pact to jointly build up crude oil and gas pipeline and the other to jointly develop hydropower resources in Myanmar.     Myanmar is the second-leg of Li's four-nation tour which will also take him to Republic of Korea and Japan. He has already visited Australia. Li Changchun (1st L), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with Than Shwe (1st R), chairman of the Myanmar State Peace and Development Council (SPDC), in Nay Pyi Taw, capital of Myanmar, March 26, 2009

BEIJING, Feb. 11 (Xinhua) -- China's State Council, or Cabinet, adopted a stimulus plan Wednesday for the shipbuilding industry at an executive meeting chaired by Premier Wen Jiabao.     The meeting said shipbuilding is a modern, comprehensive industry that provides technical equipment for transportation, maritime development and national defense. Supporting shipbuilders would also help other sectors, including steel, chemicals, textiles, light industry, equipment manufacturing and information technology, it said. New orders for domestic shipbuilders are expected to fall to 20-30 million deadweight tons in 2009, compared to 58.18 million deadweight tons in 2008, according to the China Association of National Shipbuilding Industry    The meeting agreed to increase credit support by an unspecified amount for ship buyers. It also decided to extend the existing financial support policies for oceangoing vessels until 2012. These policies include tax rebates on key imported components for domestically owned oceangoing ships.     It said construction of new docks and the expansion of slipways should be suspended for three years to facilitate industrial restructuring.     It also recommended investment in research and development of facilities to build high-technology ships and maritime engineering equipment and promote technical innovation.     The meeting also approved a draft plan for fighting drought.