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PARIS, Nov. 2 (Xinhua) -- Chinese President Hu Jintao's coming visit to France will help the two countries consolidate consensus on bilateral ties and major international issues, Chinese Ambassador to France Kong Quan said Monday.Kong made the remarks during a joint interview by Chinese media. He said Hu's visit, slated for Nov. 4-6, showed Sino-French relations were going into a new period of all-round, healthy and rapid development.In the face of complicated and profound changes in the international situation, Hu and his French counterpart, Nicolas Sarkozy, would discuss how to work together to highlight the strategic nature of the partnership between the two countries, Kong said.The two countries were now enjoying accelerated development of comprehensive and sound bilateral ties with increasing exchanges in politics, trade and economy and culture and science, the ambassador said.Drastic changes in the world political and economic situation made France and China realize the importance of reinforcing mutual understanding and communication, as well as the necessity to deepen cooperation in a bid to safeguard world peace and development as well as the long-term interests of their respective countries, he said.Kong said that enhanced bilateral exchanges and cooperation and consolidated partnership between China and France was in line with their fundamental interests as well as their expectations.Since the two countries differed in national condition, social system,stage of economic development and culture and history, it was natural for them to have certain different views and stands, he said."What's more important is that the leaders and peoples of the two nations agree to promote candid dialogue and exchanges to enhance understanding and trust on the basis of mutual respect."Meanwhile, they should also attach importance to each other's core interests and major concerns, Kong stressed.According to the ambassador, the two sides were ready to pledge joint efforts to ensure a sustained and sound development of friendly bilateral ties and cooperation.With regard to bilateral economic ties, Kong said bilateral trade between China and France had been growing rapidly on a reciprocal basis.Trade and economic cooperation between the two had seen an average annual growth rate of about 18 percent over the past 10 years, he said.The rapid growth in bilateral trade reflected the interdependence and complementary nature of the two economies, he said.Great efforts should be made in three major areas to expand bilateral trade and economic cooperation, he said.Firstly, the two countries should deepen cooperation in such traditional areas as aviation, energy and transport, Kong said.Bilateral cooperation in emerging fields such as finance, new energy, new material, low-carbon technology and sustainable development should also be stepped up, he said.The ambassador also highlighted the importance of carrying out cooperation at the level of regional governments.Regarding the upcoming G-20 summit in Seoul, Kong said France and China had maintained good cooperation within the framework.He also called for countries around the world to strengthen cooperation and implement the consensus reached at the previous G-20 summits to consolidate global economic recovery.
BEIJING, Oct. 29 (Xinhua) -- China Merchants Bank said Friday its profit rose 57.4 percent to 20.59 billion yuan (3.07 billion U.S. dollars) in the first three quarters from one year earlier.The jump in net profit was mainly due to higher interest income, the bank said in its business report filed with the Shanghai Stock Exchange.Also, total assets of the mid-sized lender had expanded to 2.36 trillion yuan by the end of September, up 14.10 percent from the end of 2009.Additionally, the bank's non-performing loan ratio was 0.64 percent, down 0.18 percentage points from the beginning of this year.Shares of the bank were down 2.41 percent at 14.57 yuan in Shanghai and down 1.13 percent at 21.95 HK dollars in Hong Kong Friday.
LISBON, Nov. 6 (Xinhua) -- Visiting Chinese President Hu Jintao and his Portuguese counterpart, Anibal Cavaco Silva, agreed on Saturday to further deepen the comprehensive strategic partnership between their countries.Both China and Portugal boast ancient civilizations and have made great contributions to human progress, Hu said during a meeting here with Silva, noting that the smooth settlement of the Macao issue has set an example for other nations to tackle outstanding historical disputes.The two countries suffer no conflict of fundamental interests, their peoples cherish friendly feelings toward each other, and their relations have been growing steadily, he added.Development of bilateral ties since Beijing and Lisbon established diplomatic relations 31 years ago has demonstrated that the two sides should treat their relationship from a strategic and long-term perspective and stick firmly to the right direction for its further advancement, Hu said.Both countries should also understand and support each other's major concerns and enhance mutual political trust, while further expanding practical cooperation in various fields on the basis of mutual benefit and win-win progress to consolidate the foundation of their relations, he added.The Chinese side, Hu stressed, appreciates Portugal's adherence to the one China policy and its efforts to promote relations between China and the European Union (EU).Silva, for his part, welcomed Hu's visit, and hailed the time-honored ties between Portugal and China, which he said were based on mutual respect.The successful settlement of the Macao issue has created favorable environment for Macao's social and economic development, he said.
PYONGYANG, Oct. 9 (Xinhua) -- Kim Jong Il, top leader of the Democratic People's Republic of Korea (DPRK), and a senior Chinese Communist Party official attended the mass gymnastic and artistic performance, "Arirang", here Saturday night.In a meeting with Zhou Yongkang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, before the performance, Kim thanked Zhou for congratulatory messages sent by Hu Jintao, general secretary of the CPC Central Committee, over the delegate conference of the Workers' Party of Korea (WPK) and the 65th anniversary of the WPK.Zhou arrived here Saturday morning for a three-day official goodwill visit to further cement the countries' traditional friendly ties.
BAOSHAN, Yunnan, Sept. 4 (Xinhua) -- The death toll from mudslides that hit a village in southwest China's Yunnan Province Wednesday has climbed to 24, while 24 others remained missing, officials at the rescue headquarters said Saturday.The mudslides occurred at about 10:20 p.m. Wednesday in a village of Longyang District in Baoshan City.Experts said the area is prone to landslides and it is recommended to permanently remove its population to safer areas, said Zhao Maoqi, vice head of Longyang District Government.Authorities will soon begin to select a site and work on a relocation plan. Local residents are expected to move into new houses early next year, said Zhao.Up to 40,000 cubic meters of debris came crashing down on the village, trapping 71 people from 21 families.An initial investigation blamed the tragedy on loose dirt and rocks sitting atop a steep slope that had been soaked by rain for about 10 days.