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ATHENS, Oct. 2 (Xinhua) -- China and Greece on Saturday clinched a series of deals and agreed to further deepen their comprehensive strategic partnership as Chinese Premier Wen Jiabao is paying his three-day official visit to Greece.Wen held talks with Greek Prime Minister George Papandreou after his arrival here earlier Saturday.The Greece visit, the first stop of Wen's four-nation tour, is the first by a Chinese premier in 24 years. Greek Prime Minister George Papandreou (R, back) and Chinese Premier Wen Jiabao (L, back) attend the signing ceremony of deals in Athens, Greece, on Oct. 2, 2010.Wen and Papandreou attended the signing ceremony of 13 deals after their talks, which covered areas concerning cooperation in maritime transportation, loan, telecommunication, export and cultural exchanges.The two countries also issued a joint statement on deepening their comprehensive strategic partnership.
DALIAN, Sept. 26 (Xinhua) -- Russian President Dmitry Medvedev on Sunday called on the young in Russia and China to pass on the friendship forged during World War II.Medvedev made the call in a meeting Sunday morning with more than 20 veteran Chinese and Russian soldiers who participated in China's War of Resistance against Japanese Aggression (1937-1945), part of WWII.The Russian leader, who arrived in the northeast China's port city of Dalian Sunday morning, first laid flowers at a monument commemorating Soviet Union war martyrs.In the following meeting with Chinese and Russian veterans, Medvedev said Russians and Chinese forged profound friendship in their joint fight against the Nazis, and such friendship constituted the solid foundation for the relationship between the two countries.The Russian President thanked Russian and Chinese veterans for their contributions to peace.He also thanked China for renovating the memorial, which was one of more than 70 memorials commemorating Soviet Union war martyrs throughout China. All those memorials had been refurbished to mark the 65th anniversary of the victory of WWII.Dalian was the first stop of Medvedev's three-day visit to China. This was also Medvedev's second state visit to the country since he assumed presidency in May 2008.Later Sunday, Medvedev flew to Beijing to continue his state visit to China.During his stay in Beijing, Medvedev will hold talks with Chinese President Hu Jintao and call on other Chinese leaders, including top legislator Wu Bangguo and Premier Wen Jiabao.Medvedev will also travel to east China's metropolis of Shanghai, where, on the next day, he will meet with Chinese Vice President Xi Jinping and attend events marking the Russia Day at the ongoing World Expo, which runs from May 1 to Oct. 31.

BEIJING, Oct. 23 (Xinhua) -- China expects Japan to make joint efforts so as to maintain and advance the two nations' ties, said Foreign Ministry spokesman Ma Zhaoxu on Saturday.Ma made these remarks when asked to comment on a statement made by Japan's Foreign Minister Seiji Maehara who reportedly said on Friday that as the world's second and third largest economies, Japan and China should work together to continue pushing forward the two countries' strategic links."We have taken note of the statement. We expect Japan to work with us in joint efforts to maintain and advance the strategic bilateral relationship of mutual benefit," Ma said.Maehara said on Monday China's countermeasures in September following Japan's detention of a Chinese trawler captain near the Diaoyu Islands in the East China Sea were "hysterical."Ma responded on Tuesday that China was shocked by the comments and urged Japan to take concrete actions to repair ties.
BEIJING, Oct. 21 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Thursday ordered centrally-administered state-owned enterprises (SOEs) to achieve greater development over the next five years.Zhang also required the SOEs to boost efforts to reform while optimizing industrial structures and reinforcing management.He made the remarks during an inspection tour of the China Electronics Technology Group Co., one of the nation's 122 centrally-administered SOEs.Zhang said the centrally-administered SOEs, as the backbone of China's economy, should focus on increasing their competitive edge while developing hi-tech industries and nurturing their own brands with independent intellectual property rights.During the January-to-September period, the combined net profit of China's centrally-administered SOEs totalled 641.65 billion yuan (96.6 billion U.S. dollars), up 55 percent year on year.
SHANGHAI, Oct. 18 (Xinhua) -- China will continue to promote gradual exchange rate reforms, even while the yuan is expected to stabilize at a reasonable level, said Yi Gang, head of the State Administration of Foreign Exchange (SAFE) Monday in Shanghai.Yi, also deputy governor of the People's Bank of China (PBOC), or the central bank, made the remarks at a seminar held by the International Monetary Fund (IMF) to discuss the theme "Macro-Prudential Policies -- an Asian Perspective"."The flexibility of the yuan has increased since China launched exchange rate reforms in June. We will further boost those reforms, but the process will be gradual," Yi said."Judging from the markets, the yuan can remain stable at a reasonable and balanced level," he said.China will also continue to expand domestic demand and boost construction in rural medical services, education and infrastructure, he said.Five years ago, China abandoned a decade-old peg to the U.S. dollar and allowed its currency to fluctuate against a basket of currencies and appreciate by 2.1 percent.Since then, the yuan has strengthened further, albeit slowly, and has risen more than 21 percent against the greenback.On June 19 this year, the Chinese central bank announced that it would further reform the yuan's exchange rate mechanism to improve its flexibility.
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