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Data from the nation's auditing authority showed that the collective outstanding debt of local governments amounted to 10.7 trillion yuan (1.7 trillion U.S. dollars) as of the end of 2010, and that the debt-repayment ratio of local governments stood at 70.45 percent.
Last year, two-way trade between the two countries hit a record high, he said, adding that energy cooperation on major oil and nuclear energy projects progressed smoothly.
"The reform should not be simply regarded as 'raising prices,'" Zhou said in an interview with Xinhua, explaining that it will inevitably push up prices for some energy and resource products as their rates were kept low in the past to facilitate the country's economic development and people's daily lives.
In response to a question at a regular press conference, Hong said, "I'm not clear in what consideration Prime Minister Noda made the remarks."
They vowed to strengthen cooperation with other international and regional organizations on international and regional affairs. The foreign ministers also asked the Council of Heads of State to review the dialogue partner status of Turkey, the press release said.
来源：资阳报