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MOSCOW, July 24 (Xinhua) -- A senior delegation led by Chinese Vice Minister of Commerce Gao Hucheng met with Russian officials on Friday and Saturday over the sudden closure of a market in Moscow.     On June 29, some 150 Chinese merchants and a large quantity of their goods were seized in a crackdown on smuggling at the Cherkizovsky Market, Moscow's biggest wholesale market.     The market was subsequently closed, causing heavy economic loss to the Chinese merchants who operate businesses there. No word has been given as to when the market will reopen.     Gao stressed the China-Russia strategic partnership of cooperation during his consultations with Deputy Director of the Russian Federal Migration Service, Yuri Buriak, Deputy Economic Development Minister, Andrei Slepnyov, and Deputy Foreign Minister Sergei Borodavkin.     Gao also spoke of the recent state visit of Chinese President Hu Jintao to Russia, the upcoming regular China-Russia Prime Minister's meeting in Beijing in October, and celebrations marking the 60th anniversary of the establishment of diplomatic ties between the two countries.     He said under such circumstances, China and Russia should try to maintain their friendship and mutual trust, and properly handle problems arising from the development of bilateral ties.     Non-governmental trade between China and Russia has its complicated historical origins, Gao said, and the remarkable contributions of Chinese merchants to the economic prosperity of Russia, especially during difficult times, should be taken into consideration.     He said against the backdrop of the current global financial and economic crisis in particular, to deal with the abrupt shutdown of the Cherkizovsky market appropriately and scrupulously would be mutually beneficial to China and Russia.     China has no objections to Russia's crackdown on smuggling, he said, but Moscow should effectively protect the property and dignity of Chinese businessmen.     Russian officials from relevant ministries and departments all agreed that the market shutdown would not affect the long-time friendship between the two countries.     They also emphasized that the shutdown was aimed at smuggling and not against the Chinese merchants, who make up less than 40 percent of all the merchants there.     The Russian side also urged the Chinese merchants to comply with laws, and said the Moscow municipal government had started to help merchants move their goods.     Slepnyov said a collective work plan against "grey customs clearances" will soon be studied.     Gao, who arrived in Moscow on Wednesday, was accompanied by a delegation comprising of officials from the ministries of commerce and foreign affairs, the General Administration of Customs, and trade officials from Zhejiang and Fujian provinces.     The delegation has also held negotiations with the Investigation Committee of the Prosecutor General's Office, the Federal Customs Service and the Moscow municipal government.

HONG KONG, Aug. 27 (Xinhua) -- Bank of China (Hong Kong) said Thursday its half-year profit fell by 5.6 percent from a year earlier, dragged lower by falling interest income amid the deepening economic downturn.     The bank's net profit for the six months ending June 30 amounted to 6.69 billion Hong Kong dollars, down from 7.09 billion Hong Kong dollars in the same period last year.     However, the bank said it represented a major improvement against the net loss of 3.75 billion Hong Kong dollars in the second half of 2008, which can be attributed to the increase in operating income as well as the decrease in impairment charges on securities investments.     Net interest income decreased by 11 percent to 8.93 billion Hong Kong dollars as net interest margin narrowed by 27 basis points to 1.76 percent. But the net fees and commission income grew by 1.7 percent year-on-year to 2.95 billion Hong Kong dollars driven by the rebound of the local stock market in the first half of this year.     The bank's vice chairman and chief executive He Guangbei said the performance in the first half of this year reflected the progress the bank had made in regaining its growth momentum. As the turbulence and its knocks-on effects began to subside, the bank would pursue a prudent yet flexible development strategy in an environment of change and challenge.     He also said BOC (HK) would actively expand the RMB-related banking business as the sole Clearing Bank for Renminbi business in Hong Kong.

JINAN, Oct. 19 (Xinhua) -- Chinese President Hu Jintao has urged the country's companies to reduce operation costs by speeding up the development of renewable energy and help improve the country's energy structure. "Developing renewable energy vigorously is necessary for taking up the front line in the new round of global energy revolution," said Hu while visiting a wind energy project besides the Bohai Sea during his inspection tour in Shandong Province from Oct. 16 to 19.     The project, when finished, will produce more than 95 million kw of electricity every year and will play an important part in improving the local energy structure.Chinese President Hu Jintao (2nd R), who is also general secretary of the Central Committee of the Communist Party of China and chairman of the Central Military Commission, shakes hands with workers as he inspects a wind power project in east China's Shandong Province, Oct. 18, 2009. Hu Jintao made an inspection tour in Shandong Province from Oct. 16 to 19     After attending the opening ceremony of the 11th Chinese National Games in Jinan, capital city of Shandong, Hu inspected the province on local economic development and Communist Party building.     Hu called upon companies to focus on technical innovation and scientific management to improve their sustainable development. Chinese President Hu Jintao (2nd L, front), who is also general secretary of the Central Committee of the Communist Party of China and chairman of the Central Military Commission, talks to staff members of Shengli oil field, in east China's Shandong Province, Oct. 18, 2009. Hu Jintao made an inspection tour in Shandong Province from Oct. 16 to 19. While visiting the country's large oil base Shengli Oilfield, Hu climbed onto a well drilling platform to meet with the workers. He praised the workers for their hard work and outstanding professional skills.     During an inspection in a paper making company, Hu asked about the methods for emission reduction and encouraged the company to continue to improve recycling economy and put more efforts in environmental protection.     Hu also visited a village called Liujihou in the city of Dongying. The village set up its Communist Party branch in 1925 --one of the four oldest Party branches in the province.     Hu urged Party members in the village to seek benefits for villagers, solve their problems and encourage them to develop modern agriculture in a scientific way.

NEW YORK, Sept. 23 (Xinhua) -- Chinese President Hu Jintao met with his South Korean counterpart Lee Myung-bak here on Wednesday morning on the sidelines of the UN meetings to discuss bilateral ties and other issues of common interests.     Hu said thanks to their joint efforts the two countries have seen steady progress of exchanges and cooperation in various fields in recent years.     All consensus reached between them have been implemented smoothly, with some already bringing about remarkable results, Hu said.     Hu noted that the two countries have maintained fine communication and coordination in regional and international affairs, adding that China is ready to join hands with South Korea to strengthen strategic communication and expand mutually beneficial cooperation, so as to bring concrete benefits to both peoples and contribute to peace, stability and prosperity in Northeast Asia. Chinese President Hu Jintao (R) meets with South Korean President Lee Myung-bak in New York Sept. 23, 2009    This year marks the 10th anniversary of launching of a trilateral cooperative scheme among China, South Korea and Japan, Hu said.     Over the past decade, the three countries have established a future-oriented, all-dimensional cooperative partnership that has led to the promotion of development and stability in their countries and the region at large, said the Chinese president.     During the meeting, Hu announced that leaders from China, South Korea and Japan will hold their second meeting in Beijing on Oct. 10, 2009.     China is ready to work with South Korea and Japan to push for the success of the October tripartite summit and bring trilateral cooperation to a higher level, Hu said.     As situation in Northeast Asia shows signs of thawing, Hu called on all concerned parties to seize the opportunity to further improve the regional situation and bring the Korean Peninsula nuclear issue back on the track of dialogues and negotiations.     China is willing to work with South Korea to play a constructive role in realizing the denuclearization of the Korean Peninsula and maintaining peace and stability in the peninsula and Northeast Asia, the Chinese president said.     During the meeting, Hu also called for strengthened cooperation between the two countries to boost the common development of their economies.     Lee congratulated China on the 60th anniversary of the founding of the People's Republic of China.     He said he fully agreed with President Hu's view on bilateral ties and expressed his willingness to bring the strategic and cooperative partnership between the two countries to a higher level.     Lee said the stabilization and rally of the Chinese economy play a significant role in promoting trade and economic cooperation between China and South Korea, as well as in world economic recovery.     Hu's speech at the UN climate change summit on Tuesday showed clearly China's active stance on climate change and won applause from countries around the world, Lee said.     South Korea is ready to strengthen coordination and cooperation with China on regional and global issues, he said.     He also spoke highly of China's important role in the six-party talks on nuclear issue of the Korean Peninsula and pledged South Korea's efforts to keep contact and cooperation with China in this regard.     Lee said, along with the rising status and influence of Asia on the world stage, South Korea, China and Japan should have even closer cooperation.     Thanks to their joint efforts, China and South Korea have seen a rapid growth of bilateral links since they established diplomatic relations 17 years ago.     The heads of state of the two countries exchanged visits last year. They agreed on establishing a strategic partnership of cooperation in May 2008, opening up a new era in bilateral ties. They met again on the sidelines of the financial summit of the Group of 20 (G20) in London in April this year.     China and South Korea are both important neighbors and cooperative partners. Now China is the top trade partner, export market and source of imports of South Korea.     Hu is in New York for the UN climate change summit, the general debate of the 64th Session of the UN General Assembly and a Security Council summit on nuclear non-proliferation and disarmament.     After the UN meetings, President Hu will fly to Pittsburgh to attend the G20 financial summit.

BEIJING, Sept. 16 (Xinhua) -- China's State Council, or the Cabinet, issued a new regulation Wednesday targeting prevention and remedies for marine pollution caused by ships.     The regulation, which includes nine sections and 78 rules, said transportation departments under the Cabinet should compile emergency plans to deal with pollution caused by ships or related activities.     Once the plans are completed and have been approved by the Cabinet, coastal governments above city level should map out emergency plans based on one proved by the State Council.     China's transport departments and governments above city level have also been asked to establish emergency mechanisms and plans to prevent and deal with marine pollution.     Marine management institutions should cooperate with other departments to improve monitoring and supervision over the activity of ships and pollution caused by them     Professional teams to deal with emergencies, specialized equipment and facilities should be organized, according to the regulation.     Anyone who is responsible for marine pollution should make efforts to eliminate the pollution hazard and make compensation.     The regulation will take effect on March 1, 2010.     Official statistics say 733 ship pollution accidents occurred between 1998 to 2008 in sea areas in China's jurisdiction, which led to huge economic and environmental losses. The regulations will apply to every type of shipping, except military.

来源：资阳报