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BEIJING, Dec. 1 -- Premier Wen Jiabao Monday rejected "unfair" calls from European countries for faster reform of China's currency policies, despite lobbying from EU financial chiefs at the weekend."Some countries demand the yuan's appreciation while practicing various trade protectionism against China. It's unfair and actually limits China's development," Wen told reporters in Nanjing, Jiangsu province. European Commission President Jose Manuel Barroso and Swedish Prime Minister Fredrik Reinfeldt, whose country holds the rotating EU presidency, were also at the press conference. Chinese Premier Wen Jiabao delivers a speech at the closing ceremony of the fifth China-EU Business Summit in Nanjing, capital of east China's Jiangsu Province, Nov. 30, 2009. Wen's unusually direct response followed a one-and-a-half hour summit between China and the EU, which has 27 member-nations. The summit ended with five agreements mainly on energy and environmental cooperation. But it also ended without a breakthrough on issues that have brought stalemate between the sides, such as trade disputes and arms embargoes. Wen said China will keep the yuan basically stable and carry out currency reform at its own, gradual pace. A stable yuan is not only good for the Chinese economy but the world, Wen said. The meeting took place against the backdrop of concern about the rising euro and the possibility it might derail the recovery in Europe, which imports heavily from China. The yuan began gaining against major currencies after a set of exchange rate reforms were introduced in July 2005. After rising nearly 20 percent against the US dollar, it hovered around 6.83 to the US dollar for about a year. In the past month or so, the euro has risen to a 15-month high. Euro Group President and Luxembourg Prime Minister Jean-Claude Juncker joined other European leaders in lobbying China's senior officials. The Chinese officials explained that it was difficult to make a case for "immediate renminbi appreciation" in a country where 40 million people live on less than 1 U.S. dollar a day. Chinese Premier Wen Jiabao (C), European Commission President Jose Manuel Barroso (R) and Swedish Prime Minister Fredrik Reinfeldt (L), whose country currently holds the rotating EU presidency, meet with the press after the 12th China-EU summit in Nanjing, capital of east China's Jiangsu Province, Nov. 30, 2009. The failure of the EU appeal was expected because Europe was only thinking about itself, claimed Wu Baiyi, a European studies expert at the Chinese Academy of Social Sciences. Zhao Junjie, Wu's colleague, said that while China is not able to quickly change its currency policy, Beijing had made efforts in the past year to fill the EU trade gap. "Actually, some of the goods bought by the dozen purchasing groups that China sent to the EU during the past year were bought only for the sake of the EU," he said. "But the EU still wants more." Glenn Maguire, chief Asia-Pacific economist at Societe Generale SA in Hong Kong, told Bloomberg: "China will only adjust on its own terms and in its own time. It's decided that now is not the time to do that." Despite lingering disputes, including trade protectionism and the EU's ban on the transfer of technology to China, Wen Monday raised expectations for improved relations with Beijing's largest trading partner. "China and Europe walking together hand-in-hand will make the steps of humankind more steady, and that best illustrates the strategic significance of our ties," said Wen. Barroso and other EU leaders Monday also applauded fresh Chinese commitments on countering climate change. Stanley Crossick, founding chairman of the European Policy Centre, said Europe will need to commit to lifting its arms embargo against China. "Beijing is right that listing China among a handful of embargoed pariah states is totally inconsistent with the treatment of a strategic partner," he said. Crossick suggested that EU officials be trained in contemporary China and taught Mandarin. Wen opened the door to better understanding Monday, announcing that 2011 will be the year for China-EU youth communication and the establishment of other youth and cultural exchange mechanisms.
BEIJING, Nov. 17 (Xinhua) -- Chinese President Hu Jintao said here Tuesday that China and the United States will start preparations as soon as possible for the second round of the China-U.S. Strategic and Economic Dialogue (S&ED) scheduled for next summer in Beijing. China and the United States will continue implementing the agreements reached at the first round of the dialogue last July in Washington, Hu said in remarks to reporters after talks with visiting U.S. President Barack Obama. The two leaders spoke positively during the talks of the importance of the strategic and economic dialogue mechanism in strengthening mutual trust and cooperation between the two nations, he said. Both leaders believed that close high-level contacts and other dialogues and consultations at various levels are essential to the development of bilateral relations, said the Chinese president. The two sides agreed to keep close communication through visits, phone calls, letters and meetings during multilateral events, Hu said.
RABAT, Jan. 11 (Xinhua) -- Chinese Foreign Minister Yang Jiechi, who is on a five-nation African tour, held talks Monday with his Moroccan counterpart Taieb Fassi Fihri on ways to upgrade relations between the two countries. The two spoke highly of the abundant achievements that have been made in bilateral cooperation in various fields, mainly in politics, economy and trade, culture and health, since the establishment of diplomatic ties 52 years ago, an official press release gained by Xinhua said. It said the two ministers agreed to continuously promote the upgrading of China-Morocco friendly ties by enhancing political mutual trust, deepening cooperation, expand people-to-people exchanges and strengthening coordination in international and regional issues. After the talks, the two top diplomats signed a China-Morocco joint communique on Morocco's recognition of China's market economy status. Yang is on his first official foreign visit of the year that includes five African nations, namely Kenya, Nigeria, Sierra Leone, Algeria and Morocco, as well as Saudi Arabia. It has been China's tradition for 20 years that its foreign minister visits Africa in the beginning of the year.
BEIJING, Nov. 5 (Xinhua) -- The vice foreign minister on Thursday hailed Vice Premier Li Keqiang's official visit to Australia, New Zealand and Papua New Guinea as "very fruitful," calling it a major diplomatic activity of China with the South Pacific region. Li's official visit to the three countries from Oct. 29 to Nov.5 was of great significance to the development of friendly cooperative relations between China and the three nations, He Yafei said. CONSOLIDATING POLITICAL BASIS OF BILATERAL TIES He said that, during the visit, Li met with Australian Prime Minister Kevin Rudd and Deputy Prime Minister Julia Gillard, and they reached important consensus on the development of China-Australia ties. Both sides agreed to view their relationship from a strategic and long-term perspective because the importance of China-Australia cooperation is becoming increasingly prominent. They also agreed to respect and take into full consideration the core interests and major concerns of each country, properly handle sensitive issues and strive to promote sound, steady growth of bilateral relations, He said. Australia reiterated its respect for China's sovereignty and territorial integrity, and a joint statement was released by China and Australia to strengthen their practical cooperation for mutual benefits. During his visit to New Zealand, Li met with Prime Minister John Key and Deputy Prime Minister Bill English. They stressed the strategic significance of developing bilateral ties in an active and comprehensive manner and strengthening pragmatic cooperation in various fields. The New Zealand leaders reiterated that they respected China's stance on issues concerning China's core interests such as Taiwan, Tibet and Xinjiang. During his visit to Papua New Guinea, Li held talks with Governor General Paulias Matane, Prime Minister Michael Thomas Somare and Deputy Prime Minister Puka Temu. They pledged to consolidate the traditional friendship between the two countries, promote bilateral cooperation and support each other to advance their relationship. The leaders of Papua New Guinea reiterated their staunch adherence to the one-China policy. PROMOTING MUTUALLY BENEFICIAL TRADE & ECONOMIC COOPERATION Li and leaders of the three nations stressed that their economies were highly complementary, and deepening mutually beneficial trade and economic cooperation was in line with the fundamental interests of both sides. They agreed to adopt a strategic approach in their trade and economic cooperation, pledging to actively expand cooperation in technology, new energy, bio-medicine, and environmental protection while promoting cooperation in traditional areas such as energy, mineral resources and agriculture. Australia expressed willingness to become China's strategic partner in the areas of resources and energy. Both sides agreed to promote the negotiation process of the Free Trade Agreement based upon the principle of positive cooperation, pragmatism, balance and mutual benefits. During Li's visit, the two countries signed two cooperation agreements in telecommunications. Before and during Li's visit, Australiat approved the application by China's Yanzhou Coal Mining Co., Ltd to acquire full ownership of Felix Resources Ltd. Australia also approved China's Baosteel Group's second-version application for investing 285 million Australian dollars to acquire a 15-percent stake in Aquila Resources, an Australian coal and iron ore producer. During his visit, Li and New Zealand leaders agreed to continue to implement the free trade pact between the two countries, and to expand the scale of cooperation in trade and economy. The two countries signed a series of cooperation agreements on food security, inspection and quarantine and Chinese workers seeking temporary jobs in the island nation. The leaders of Papua New Guinea said they were willing to advance cooperation with China in some traditional areas such as agriculture, forestry and fishery as well as in energy and resources. During Li's visit, the two countries signed agreements on economic and technological cooperation as well as on preferential loans. ENHANCING CULTURAL EXCHANGES Li also reached consensus with leaders from the three nations on further enhancing friendly cultural exchanges and cooperation and promoting people-to-people links in such fields as education, culture and tourism. The Chinese delegation endorsed plans with the Australian side for the Year of Australian culture in China in 2010-2011 and the Year of Chinese Culture in Australia in 2011-2012. Li also said that China would provide a pair of giant pandas to Australia within the year for research purposes. China signed MOUs with Australia and New Zealand on education and cooperative training programs during Li's visits, and also established a Confucius Institute with Canterbury University in New Zealand. The Chinese leader also pledged assistance to the three nations in their participation in Shanghai World Expo in 2010. PROMOTING MULTILATERAL COOPERATION All three nations spoke highly of China's positive efforts and constructive role in dealing with major issues such as the global financial crisis and climate change. Li agreed with the leaders from Australia, New Zealand and Papua New Guinea to further promote negotiation, coordination and cooperation in coping with major issues and in multilateral organizations such as the United Nations and the Asia-Pacific Economic Cooperation. DEEPENING UNDERSTANDING OF CHINA In his speech to Australian industrial and business leaders, Li made a comprehensive introduction of China's stand and achievement in countering the global financial crisis. He made clear China's sticking to a path of peaceful development and its adherence to a strategy of opening up that is mutually beneficial. Li also advanced a three-point proposal on consolidating the China-Australia relationship, which included observing China-Australia relations from a strategic perspective, promoting pragmatic bilateral cooperation in trade and the economy based upon the two countries' complementary strengths, and advancing cultural exchanges in a harmonious and friendly fashion. The Chinese leader also conducted extensive exchanges with government leaders, managers from enterprises, institutions of higher education, research bodies and media during his visit. According to He, Li's visit to Papua New Guinea was a show of China's positive attitude toward strengthening relations with Pacific island nations. China and the Pacific island nations share many common interests and are firm supporters of each other in various major global and regional issues and in international organizations such as the U.N., He said. China's relations with the Pacific island nations have developed rapidly in recent years, and constitute an important part of China's relationship with other developing countries, He said, adding that two-way trade volume reached 1.76 billion U.S. dollars in 2008. He said China has been providing a series of economic and technical assistance to countries having established diplomatic relations with China in the region. China has helped them in infrastructure construction, sent professionals to the region to help develop their economy and carried out numerous training programs, He said. All those efforts are strong proof that the development of the relationship between China and the Pacific island nations is beneficial to all and has a promising future, He said.
WUHAN, Nov. 28 (Xinhua) -- A senior leader of the Communist Party of China (CPC) has urged officials and governments at all levels to serve the people by addressing their concerns. He Guoqiang, member of the Standing Committee of the CPC Central Committee, made the remarks during his visit in Chibi City of central China's Hubei Province on Saturday. He said officials and governments must solve well the problems that concern people's immediate interests to ensure social harmony and stability. When visiting a local village and urban community of the city, He urged local officials to help residents increase their incomes and answer the needs required by the people. He asked the officials to improve their ability of resolving practical problems to bring about more tangible benefits to local people. He, also secretary of the Central Commission for Discipline Inspection of the CPC, also called on local Party organs to improve their organizational construction, promote intra-party democracy and strengthen the struggle against corruption.