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CAIRO, Nov. 7 (Xinhua) -- Chinese Premier Wen Jiabao on Saturday met Arab League Secretary General Amr Musa and expressed China's willingness to further its cooperation with the Arab countries by enriching the contents of the China-Arab friendly cooperation. The Chinese premier met the Arab League secretary general at the league's headquarters in Cairo. "Under the current international political and economic circumstances which are undergoing profound and complicated changes, it is in the interests of both China and the Arab countries to strengthen cooperation which contributes toward world peace, stability and development," the Chinese premier said. Wen told Musa that China is willing to pool efforts with the Arab League and Arab countries to render the China-Arab Cooperation Forum into a more effective platform which will result in more progress. Chinese Premier Wen Jiabao (L) meets with Arab League Secretary General Amr Moussa at the headquarters of the Arab League in downtown Cairo Nov. 7, 2009 "Both China and the Arab countries belong to the developing world," said the Chinese premier who expressed his appreciation for Musa's positive contribution toward the promotion of the Arab-China friendly relations. The Arab League secretary general said during the meeting that Wen's speech delivered earlier at the Arab League headquarters highlighted the importance China has attached to developing its friendly relations with the Arab world. Musa expressed his gratitude to China for its support to the just Arab causes. He reiterated the league's support to China's territorial integrity. He hoped that the Arab League would cooperate with China in all fields to promote the Arab-China Cooperation Forum and to promote world peace, regional stability and development.
BEIJING, Nov. 17 (Xinhua) -- Chinese President Hu Jintao and visiting U.S. President Barack Obama met the press here Tuesday noon at the Great Hall of the People after their official talks. The two leaders were to brief Chinese and overseas reporters about their talks. Chinese President Hu Jintao shakes hands with visiting U.S. President Barack Obama after they meet the press at the Great Hall of the People in Beijing on Nov. 17, 2009Differences "normal," mutual respect essential in Sino-U.S. ties: President HuObama says U.S. recognizes Tibet as part of ChinaChina, U.S. appreciate role of G20 summit in coping with global financial crisisChina, U.S. to work together for positive results at Copenhagen summitHu, Obama agree on resolving Korean Peninsula, Iran nuclear issues through dialogueChina, U.S. to cooperate in space exploration, high-speed rail constructionChina, U.S. to cooperate in macroeconomic, financial policies to solidify recovery: President HuNew round of China-U.S. strategic, economic dialogue scheduled for next summerHu says his talks with Obama candid, constructive, fruitful

SHANGHAI, Nov. 1 (Xinhua)-- HSBC has raised its forecast of China's GDP growth this year to 8.1 percent, said HSBC Group Chairman Stephen Green here Sunday. The bank's previous forecast was 7.8 percent. While attending the annual International Business Leaders' Advisory Council (IBLAC), Green said the world financial crisis has not derailed either of the two most noteworthy and transformative trends in global finance: "the rise of China and the shift from west to east." He also expected effects of China's stimulus packages would further lift the country's GDP growth and sustain the recovery momentum into 2010. Green said Shanghai, as China's largest city, had kept a relatively stable growth during the crisis, which suggested it had the potential to become one of the world's financial centers comparable to New York or London.
PHNOM PENH, Dec. 21 (Xinhua) -- China will make joint efforts with Cambodia to achieve a win-win cooperation, Chinese Vice President Xi Jinping said Monday. "Furthering relations with Cambodia has long been China's consistent policy," Xi told Cambodian Prime Minister Hun Sen during talks. Visiting Chinese Vice President Xi Jinping (R) and Cambodian Prime Minister Hun Sen (L) review the guard of honor during a welcoming ceremony in Phnom Penh, Cambodia, Dec. 21, 2009. Hailing the traditional friendship fostered by the leaders of the old generation of the two countries, Xi said China and Cambodia have maintained political trust and fruitful cooperation and support each other in international and regional affairs. He called China-Cambodia relations "a good example of sincere cooperation between countries with different social systems." Visiting Chinese Vice President Xi Jinping (R2) and Cambodian Prime Minister Hun Sen (L2) hold talks in Phnom Penh, Cambodia, Dec. 21, 2009Xi put forward a four-point proposal to cement relations with Cambodia, including keeping high-level contacts, strengthening exchanges on country governance, deepening economic and trade cooperation and promoting coordination in international and regional affairs. Xi said the free trade zone between China and the Association of Southeast Asian Nations (ASEAN) would be completed in 2010, and China and Cambodia should take the chance to push for stable and balanced growth in their bilateral trade. Hun Sen said he was happy to meet with Chinese leaders for the first time in the new government building, which was constructed with China's assistance and has served as an embodiment of the friendliness between the two countries. Visiting Chinese Vice President Xi Jinping (L, front) shakes hands with Cambodian Prime Minister Hun Sen (R2) during a signing ceremony of the two country's mutually-beneficial cooperation documents in Phnom Penh, Cambodia, Dec. 21, 2009. He spoke highly of China's development and its contribution to neighboring countries' progress and expressed gratitude for China's long-term support for Cambodia's development. Hun Sen said Cambodia would strengthen cooperation with China in the political, trade, cultural, tourism and security fields and pledged the country's adherence to the one-China policy. After their talks, the two leaders attended a signing ceremony for a deal on China's preferential loan to Cambodia. Xi also presented a wreath to the independence monument in Phnom Penh on Monday.
BEIJING, Dec. 17 (Xinhua) -- Premium of China's insurance companies hit 1.02 trillion yuan (149.6 billion U.S. dollars) in the first 11 months of this year, up 11.65 percent from a year earlier, according to the China Insurance Regulatory Commission Thursday. The year would be the first year that China's insurance premiums exceeded 1 trillion yuan, data from the commission showed. From January to November, premium of property insurance rose 22.28 percent year on year to 264.02 billion yuan, and that of life insurance was 757.66 billion yuan, an annual increase of 8.37percent. The commission said the country's insurance firms were expected to eye combined profits at 46.09 billion yuan in the first 11 months, an increase of 57.45 billion yuan over the same period of last year. Profits of the country's insurers nationwide was about 26.1 billion yuan in the first half, up 98 percent, the commission said in July.
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