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BEIJING, July 10 (Xinhua) -- Vice Premier Wang Qishan said here Saturday the Chinese government would continue the reform and opening-up drive to create a favorable environment for foreign businesses.Wang made the promise when meeting with a delegation of Japan' s Association for the Promotion of International Trade (JAPIT) led by its chairman Yohei Kono, who is also former speaker of the Japanese House of Representatives.Wang spoke highly of the JAPIT' s contribution to promoting the Sino-Japanese friendship and the bilateral economic cooperation.He said Sino-Japanese economies were highly complementary, and China and Japan should increase cooperation in energy conservation, environmental protection, electronic and manufacturing sectors to promote their strategic and mutually beneficial relations.Kono spoke highly of the Chinese government' s efforts to cope with the international financial crisis, saying that the Japanese business community was willing to strengthen cooperation with China in economy, trade and investment.The JAPIT delegation is visiting China at the invitation of the Chinese Council for Promoting International Trade.

BEIJING, July 4 (Xinhua) -- Authorities in different fields, as well as local governments around China, have been engaged in implementing the central authorities' strategic plans for the far western Xinjiang Uygur Autonomous Region to achieve what authorities have described as leapfrog development and lasting stability.The following are some key facts about China's efforts over the past month since the central work conference on Xinjiang's development concluded on May 19:-- In late May, the Ministry of Culture decided to launch several projects to strengthen the cultural heritage protection and cultural market supervision and boost the culture industry in Xinjiang. A working staff walks at the Xinjiang Islamic Scripture College in Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region, June 26, 2010. High school graduated students aged 18 to 25 across Xinjiang will be enrolled in the college, giving lectures in both Ugyur language and Arabic. About 70 percent of the classes given are religious ones. Every students in the government-funded college will get a monthly dining subsidy of 120 RMB. Graduates of the college will receive a religious bachelor's degree and serve in mosques and Islamic associations across the region.-- Also in late May, the Ministry of Transport issued a statement jointly with Xinjiang's regional government pledging to spend more money-- which will cover 50 percent of the construction costs-- for road building in Xinjiang.-- On June 1 the regulation on reform of resource taxes in Xinjiang, which was jointly issued by the Ministry of Finance and the State Administration of Taxation, took effect, marking Xinjiang as the first region in China to begin such reform.The regulation provides a shift to taxing crude oil and natural gas by price, rather than volume. The reform aims to raise local revenue for the resource-rich Xinjiang.-- From June 9 to June 12, officials of central governmental departments, including the Ministry of Science and Technology, the Ministry of Commerce and the National Development and Reform Commission, as well as officials of the China Development Bank, visited Xinjiang to inspect the development of local industries.

BEIJING, July 7 (Xinhua) -- Agricultural Bank of China (ABC), the last of the country's largest four banks to go public, announced Wednesday that it has set its A-share initial public offering (IPO) price at 2.68 yuan per share, hitting the high end of its IPO price range.The pricing of the shares means the bank could raise up to 10.12 billion U.S. dollars via the Shanghai portion of the IPO, as a greenshoe option has been exercised to expand the deal by 15 percent to 25.57 billion shares, ABC said in a statement filed with the Shanghai Stock Exchange.ABC plans a dual listing in Shanghai and Hong Kong in mid-July to replenish its capital base after a lending spree last year.It has yet to set the final IPO price for its Hong Kong portion, where it plans to sell 25.41 billion shares, excluding an over-allotment option.ABC set the price range for the Hong Kong portion at 2.88 to 3.48 HK dollars in late June.

COLOMBO, June 11 (Xinhua) -- Sri Lankan Prime Minister D. M. Jayaratne and the visiting Chinese Vice Premier Zhang Dejiang stressed here on Friday to enhance the two friendly nations' cooperation in a wide range of areas including economy, education, culture and international affairs.Jayaratne told Zhang that Sri Lanka's economy has been greatly benefited by some mega-projects funded by China in recent years. He also expressed his gratitude to China's participation in Sri Lanka's economic rebuilding after the conclusion of a 30-year-old civil war.The Sri Lanka prime minister said Sri Lanka treasures the friendship between the two countries and unswervingly supports China on issues of her core interests.Zhang congratulated Sri Lanka for the end of the civil war, as well as the steady progress in rebuilding and social-economic development.He said China hopes to continue to increase friendly exchange between the two countries and enhance cooperation in the areas of infrastructure, industry, communication, energy, education, culture, tourism, among others.Zhang also proposed the two countries to enhance multilateral cooperation in the international arena to protect the just rights and interests of the developing nations.They also witnessed the signing of several economic and commercial cooperation agreements after their talks.Sri Lankan speaker Chamal Rajapaksa held talks with Zhang earlier on Friday.The Chinese vice premier arrived in Colombo Thursday night for a three-day visit to Sri Lanka, the second stop of his four-nation tour which will also take him to Greece and Austria. He visited Pakistan before his arrival to Colombo.

SHANGHAI, June 16 (Xinhua) -- Yu Zhengsheng, Party chief of Shanghai, the host city of the 2010 World Expo, met Wednesday with Vicente Gonzalez Loscertales, secretary-general of the International Exhibition Bureau (BIE).Yu extended gratitude to Loscertales for his assistance and support given to Shanghai in hosting the World Expo. He said the Expo operation is getting better and better as the organizer has been committed to resolving various problems found in the operation and strengthening communication with all participating countries and organizations.Loscertales said after almost six weeks, the organizer has made lots of achievements in improving the work and increasing the efficiency of the Expo operation.Running from May 1 to Oct. 31, the Expo, with the theme "Better City, Better Life," has drawn participation by an unprecedented 189 countries and 57 international organizations.The number of daily visitors to the Expo Park reached a new high Tuesday as 546,700 people entered the Park, breaking the earlier record of 524,900 set on June 5.

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