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ZURICH, SWITZERLAND, Feb. 26 (Xinhua) -- A Chinese business delegation inked trade deals worth more than 300 million U.S. dollars with Swiss companies on Thursday, ending the second leg of their four-state procurement tour in Europe.     The agreements covered products ranging from software to electric equipments and metals, which meet China's domestic needs, according to Chinese trade officials.     Among those agreements, Switzerland's ABB, a global leader in power and automation technologies, signed a letter of intent for the supply of generator circuit breakers to China Nuclear Power Engineering Company.     Switzerland's Glencore, one of the world's largest suppliers of a wide range of commodities and raw materials to industrial consumers, also signed a deal with Chinalco, the world's second largest alumina producer and the third largest primary aluminum producer.     Holcim, one of the world's leading suppliers of cement and aggregates based in Switzerland, deepened its partnership with China's Huaxin Cement Company (HCC). They signed a frame agreement for technical service, technology and new equipment supplies covering the next two years.     Holcim is already the single largest shareholder in HCC, holding a stake of 39.9 percent of the Chinese firm.     "HCC with Holcim's support will continue to strengthen and extend its leading role as a modern cement producer in China," the two companies said in a statement. Chinese Commerce Minister Chen Deming (L) shakes hands with Swiss Economy Minister Doris Leuthard, after signing a memorandum on the intensification of technical cooperation in the field of environmental technology, in Zurich, Switzerland, Feb. 26, 2009. Chen and Leuthard attended here on Thursday the Sino-Swiss Economic and Trade Forum with the aim of intensifying relations between Swiss and Chinese companiesChinese Commerce Minister Chen Deming, who led the delegation, said that besides this team, there will be more Chinese business delegations coming to Switzerland for trade and investment opportunities.     Swiss Economy Minister Doris Leuthard revealed that a Swiss business group will also go to China within the year.     Both ministers witnessed the deal-signing ceremony and opened an economic and trade forum with the aim of intensifying relations between Swiss and Chinese companies.     Addressing the forum, Chen said that cooperation is the effective way to tackle the international financial crisis which posed great challenge to world economy. Chinese Commerce Minister Chen Deming (L) and Swiss Economy Minister Doris Leuthard attend a press conference in Zurich, Switzerland, Feb. 26, 2009. Chen and Leuthard attended here on Thursday the Sino-Swiss Economic and Trade Forum with the aim of intensifying relations between Swiss and Chinese companies"Past experience shows that in time of crisis it is all the more important to adhere to a policy of openness and cooperation," he said. "Protectionism will not revive the economy. Rather, it will exacerbate the recession."     "This trade and investment promotion delegation to Europe is a clear indication of China's opposition to protectionism and its readiness to work together with Europe in tiding over the crisis," he added.     Highlighting China and Switzerland are important economic and trade partners to each other, Chen said the two economies are highly complementary.     China is highly competitive in labor-intensive products, such as garments, jewelry, footwear and containers, offering budget choice to Swiss consumers, while Switzerland boasts a distinct competitive edge in watches, medicines, measuring instruments and precision machinery.     In 2008, bilateral trade between China and Switzerland reached 11.25 billion U.S. dollars, increasing 19.2 percent despite the economic downturn. China is now Switzerland's second largest trading partner in Asia.     Leuthard said that the visit by the Chinese delegation sent a strong signal that China and Switzerland remain committed to open markets and against protectionism.     She said the agreements between Swiss and Chinese companies are "good news to our businesses."     "They signed contracts which will safeguard jobs and strengthen the cooperation between Swiss and Chinese companies in different fields in our economy," she said.     Earlier today, Leuthard and Chen signed a memorandum on the intensification of technical cooperation in the field of environmental technology.     "Switzerland and China will cooperate more strongly to ensure that economic growth can be shaped in a more sustainable and environmentally-sound manner," the Swiss government said.     To this end, a joint working group is to be established to examine the potential for cooperation in the areas of technology transfer, energy efficiency, renewable energies and the efficient use of resources. The group will submit proposals on the shape of this cooperation.     Switzerland is the second stop of the Chinese business delegation's European tour. On Wednesday, they signed 37 procurement deals worth about 11 billion euros (14 billion U.S. dollars) with local firms in Germany.     In an interview with Xinhua on Wednesday, Chen expected purchase deals with Switzerland would be modest compared with Germany due to the gap in the two countries' economic scales.     The delegation will arrive in Madrid, Spain later today and then London, the last stop. Chen said the deals to be signed there could be a more than in Switzerland.

BEIJING, March 8 (Xinhua) -- The Chinese government has announced a massive plan to rebuild and renovate dilapidated houses in rural areas, aiming to improve people's life, create jobs and boost domestic demand amid the global financial meltdown.     Qi Ji, vice minister of Housing and Urban-Rural Development, said on the sidelines of the ongoing annual parliament session that the country will rebuild and renovate 800,000 rural houses this year, which was expected to create 1.5 million jobs.     It was not available at the moment how much the government plans to spend in this program, which was announced at a time when the country's real economy is severely hurt by the financial crisis, resulting in export decline, factories shutdown and job losses.     Premier Wen Jiabao told the annual session of the National People's Congress (NPC) Thursday that the country will this year "expand the pilot program for renovating dilapidated houses in rural areas."     The pilot program started last year in the southwestern poverty-stricken Guizhou Province. A villager named Liu Yonggao inZunyi County, Guizhou, told Xinhua that he got a 10,000 yuan (1,460 U.S. dollars) subsidy from the government and the reconstruction cost him 80,000 yuan.     "I also spend 20,000 yuan to buy home appliances including a color TV and a hi-fi system," he said.     Officials from the government of Zunyi City that administers the Zunyi County said every one yuan that the government subsidizes for the rural housing program would drive a 10 yuan investment from farmers.     It also brought about plenty of jobs. In Tongzhi County alone, more than 6,000 people, including 1,000 farmers who returned home after losing jobs in the cities, were working to rebuild or renovate rural houses.     More than 20,000 houses in Guizhou collapsed amid a rare snow and sleet disaster at the beginning of last year and 138,000 others were damaged.     The pilot program started after the government earmarked 260 million yuan and as of the end of the year more than 20,000 rural families have move to their new homes. Another 34,000-strong families in Guizhou are expected to benefit from the program this year.     "Farmers became enthusiastic to rebuilding or renovating their homes after knowing that they would receive money from the government," said Liao Guoxun, a Guizhou-based NPC deputy.     Guizhou Provincial Governor Lin Shusen, also an NPC deputy, said the central and provincial governments would set aside 10 billion yuan for the program this year.     Meanwhile, east China's Shandong Province last month kicked off a program to renovate 800,000 dilapidated houses in the coming five years. It also plans to build 750,000-1,000,000 new houses annually in the countryside in the coming three years.     Shandong Provincial Governor Jiang Daming said 270,000 new houses had been built annually over the past few years, with an average investment of 100,000 yuan for each house built or newly decorated.     Three million new houses would then mean an investment of 300 billion yuan, which would at least create 800,000 jobs, Jiang said.     China's consumer spending against economy size has been declining over the past ten years, experts said.     Premier Wen Jiabao said China is facing "unprecedented difficulties and challenges" as economic growth slows, employment pressure mounts and social uncertainties increase in 2009, the most difficult year since the new millennium.     China's economy cooled to a seven-year low of 9 percent last year, and broke a five-year streak of double-digit expansion, as the global financial crisis took its toll on the world's fastest growing economy.     In addition to a 4-trillion yuan stimulus package that was announced in November, the premier also proposed a budgeted fiscal deficit of 950 billion yuan for 2009, a record high in six decades and nearly three times over the last record of 319.8 billion yuan set in 2003.     Among the 4-trillion yuan stimulus package, 370 billion yuan will be used to improve people's life in rural areas.     When delivering a government work report at the NPC session, Wen said China must boost domestic demand to sustain economic growth. "We need to...make boosting domestic demand a long-term strategic principle and a starting point in stimulating economic growth."  

VALLETTA, Feb. 21 (Xinhua) -- China is willing to make joint efforts with Malta to further promote their traditional friendly relations, visiting Chinese Vice President Xi Jinping said here on Saturday. Xi arrived in Malta's capital Valletta on Saturday morning to pay an official visit to the Mediterranean island country, on the last leg of a six-nation tour that started on Feb. 8. Earlier he visited Mexico, Jamaica, Colombia, Venezuela and Brazil.     During a meeting with Acting Maltese President George Hyzler, Xi said that Sino-Maltese relations have been developing very well in recent years, with a frequent exchange of high-level visits, enhanced mutually beneficial cooperation, and active exchanges in such fields as culture, education and judicature.Chinese Vice President Xi Jinping (R) meets with Maltese Acting President George Hyzler (L) in Valletta, capital of Malta, Feb. 21, 2009.     China and Malta understand and support each other in major international and regional affairs, he said, adding that the two nations are "old friends and good friends" that have stood the test of time.     For his part, Hyzler thanked China for the sincere help it has provided for Malta, and congratulated China on the great achievements of its modernization drive. He also noted that there has been a good cooperative relationship between Malta and China. Chinese Vice President Xi Jinping (L) meets with Maltese Parliament Speaker Louis Galea in Valletta, capital of Malta, Feb. 21, 2009While meeting with Louis Galea, speaker of Malta's House of Representatives, Xi stated that parliamentary exchange is an important part of Sino-Maltese relations, and that strengthening exchange and cooperation between the two sides is of great significance for the development of bilateral ties and friendship between the two peoples.     China attaches great importance to the development of Sino- Maltese ties, treasures the friendship between the two peoples, and appreciates Malta's long-term adherence to the one-China policy, the vice president stressed.     In response, Galea said Malta has treasured its friendship with China, which is a major country in the world.     Malta highly appreciates China's foreign policy of peaceful cooperation, and expects China to actively play its part in promoting world peace, tackling the current financial crisis and protecting the environment, Galea said.     Both Hyzler and Galea reiterated that the Maltese government and parliament will firmly stick to the one-China policy.

TOKYO, March 30 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), urged Japan to properly view China's development and continuously enhance strategic trust between the two countries here Monday. Li, member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks when meeting with Japanese Prime Minister Taro Aso Monday. Li Changchun (L), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with Japanese Prime Minister Taro Aso in Tokyo, on March 30, 2009. Li Changchun arrived in Tokyo to kick off his official goodwill visit Sunday.     Li conveyed greetings from Chinese President Hu Jintao and Premier Wen Jiabao to Aso. Aso said he expected to meet with Hu in the upcoming Group of 20 Financial Summit, due to be held in London on April 2, and asked Li to transfer his greetings to Wen. Li Changchun (L), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with Japanese Prime Minister and chief of the ruling Liberal Democratic Party (LDP) Taro Aso in Tokyo, Japan, on March 30, 2009.Leaders of China and Japan had six meetings on bilateral and multi-lateral occasions last year, during which the two sides have reached broad agreement on promoting China-Japan strategic relations of mutual benefits in an all-round way, Li said.     "Sino-Japanese relations now stands in a new historic point and faces an important opportunity to go further ahead," Li said.     To further push forward such good growth momentum, Li called on both sides to maintain the political basis of bilateral ties.     "The four political documents guiding the bilateral ties have crystallized the important consensus of leaders in the past decades and should be strictly observed and earnestly cherished," he said.     Both should concretely push forward economic cooperation, in particular in energy, energy-saving, environmental protection and finance areas for giving new impetus to the growth of China-Japan ties, he said.     He also urged Japan to properly handle the major sensitive issues and accidental events between China and Japan so that these won't interfere in the overall situation of bilateral ties.     People-to-people communication, Li said, should also be strengthened to lay solid foundation of mutual friendship.     Political parties of China and Japan, ruling parties in particular, should contribute more to the growth of China-Japan relations, he said.     Financial crisis and measures to combat its adverse effects was an important topic during the meeting.     "The Chinese economy is inter-linked with the global economy. The measures taken by the Chinese government to ensure economic growth also provide new opportunities for other countries, including Japan," Li said.     He hoped China and Japan to open a new cooperative era by jointly overcoming the current difficulties and contributing to the recovery of the world economy.     The spreading financial crisis has offered new chances for Japan and China to carry out higher-level cooperation, the Japanese Prime Minister said. The active measures adopted by China to stimulate its domestic demand are of significance for the recovery of the world economy, he said, adding that Japan was willing to enhance cooperation with China on the reform of international financial system and other regional and global issues.     Aso said the frequent high-level exchanges have quickened the paces for the improvement of bilateral ties and promoted the mutually beneficial cooperation. He also highly spoke of the various events held last year to commemorate the 30th anniversary of China-Japan Treaty of Peace and Friendship.     Li is the highest-ranking official who visits Japan this year. Besides Prime Minister Aso, he also met with leaders of political parties and senior executives of the Japanese business community.

BEIJING, March 25 (Xinhua) -- China's top discipline supervision official urged state-owned financial institutions to step up anti-graft efforts while actively advancing financial reforms to contribute to the tackling of international financial crisis.     He Guoqiang, secretary of the Communist Party of China (CPC) Central Commission for Discipline Inspection, made the remarks during his three-day inspection tour, from Monday to Wednesday, to state-owned banks and government financial regulatory bodies. He Guoqiang (1st L), member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, shakes hands with a woman during his inspection of China Anti-Money Laundering Monitoring and Analysis Center in Beijing, capital of China, March 23, 2009. He Guoqiang inspected banks and financial institutions on March 23-25He, also a member of the Standing Committee of the CPC Central Committee Political Bureau, inspected China Investment Corporation, China Development Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank and the China Anti-Money Laundering Monitoring and Analysis Center.     He also listened to work reports from the People's Bank of China as well as banking, securities and insurance regulatory commissions.