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SHANGHAI, Jan. 17 (Xinhua) -- China's economic hub Shanghai in December posted the first year-on-year growth in both imports and exports in 14 months, indicating further recovery from the economic downturn, local customs said Sunday. Last month, Shanghai's foreign trade stood at 30.7 billion U.S. dollars, a growth of 35.3 percent over the same month of 2008. This was the second year-on-year growth of foreign trade in two consecutive months in the city, the sources said. Exports in particular, which stood at 15.21 billion U.S. dollars, reported the first year-on-year growth of 23.5 percent since November 2008, while imports surged 49.5 percent, up from the 26.7 percent growth rate in the previous month. Last month saw the city's trade with the European Union, the United States and Japan up 15.4 percent, 36.8 percent and 19.8 percent, respectively. However, Shanghai's foreign trade in total last year went down 13.8 percent from 2008 to 277.73 billion U.S. dollars due to the economic crisis effect. The total included 141.91 billion dollars in exports, down 16.2 percent, and 135.82 billion dollars in imports, down 11.1 percent.
ANKARA, Jan. 27 (Xinhua) -- China and Turkey said Wednesday the two countries look to stronger political trust and closer economic cooperation in future to benefit the people of both countries.Visiting Chinese Foreign Minister Yang Jiechi said China highly values its relationship with Turkey and will continue to handle the relationship from a strategic and long-term perspective during his meeting with Turkish Prime Minister Recep Tayyip Erdogan in Ankara.Erdogan said the Turkish government has the same political will to cement ties with China, noting that Turkey adheres to the one- China policy and acknowledges the government of the People's Republic of China is the only legal government that represents the whole China. Turkish Prime Minister Recep Tayyip Erdogan (L) meets with visiting Chinese Foreign Minister Yang Jiechi in Ankara, Turkey, Jan. 27, 2010The two countries should fully tap the potential of cooperation in trade, investment and infrastructure construction and jointly tackle the impact of the global financial crisis, said the prime minister.Yang expressed China's appreciation for Turkey's stance to uphold the one-China policy and respect for China's sovereignty and territorial integrity.He also extended welcome for Turkey's participation in the World Expo to be held in Shanghai this year.China and Turkey have seen frequent visits by high-level officials in recent years and witnessed their trade surge from more than 1 billion U.S. dollars in 2000 to 12.6 billion U.S. dollars in 2008.Yang arrived in Turkey on Monday for a two-day visit and attended a regional summit on Afghanistan held in Istanbul as a special representative of Chinese President Hu Jintao. Visiting Chinese Foreign Minister Yang Jiechi (L) shakes hands with his Turkish counterpart Ahmet Davutoglu after a press conference in Istanbul, Turkey, Jan. 27, 2010He held talks with his Turkish counterpart Ahmet Davutoglu in Istanbul on Wednesday and agreed to advance friendly and cooperative relations between the two countries.

SEOUL, Feb. 17 (Xinhua) -- South Korea plans to launch a joint research with China and Japan on the feasibility of a free trade agreement (FTA) among the three Northeast Asian countries, South Korea's foreign ministry said Wednesday.According to a report by the ministry, the country, which has been seeking an economic integration of the Northeast Asian region by creating favorable conditions for FTAs, will kick off a joint study with the countries, in which government officials, scholars and business representatives will participate.Along with the trilateral FTA, the country will also continue to push for settling separate bilateral trade agreements with China and Japan, the ministry said in the report.Currently, South Korea has free trade agreements with Chile, Singapore and the European Free Trade Association, as well as a similar pact with the Association of Southeast Asian Nations.Recently reaching a free trade deal with the European Union, the country also wrapped up its free trade talks with India, settling the so-called comprehensive economic partnership agreement (CEPA) in August.With respect to the free trade deal with the United States, signed in June 2007, both countries are waiting for legislative approval.South Korea is also seeking similar trade deals with Australia, Canada, and Mexico.
MOSCOW, March 23 (Xinhua) -- The Sino-Russian relations of strategic cooperation and partnership have become the most important, most vigorous and richest ties between the two major powers, Chinese Vice-President Xi Jinping said here on Tuesday.At a meeting with Prime Minister Vladimir Putin, Xi conveyed sincere greetings from Chinese President Hu Jintao and Premier Wen Jiabao to the Russian leader.The Sino-Russian relations have always been a priority of China's foreign policy. To boost a sound and stable development of the Sino-Russian relations of strategic cooperation and partnership have been an established guideline of the Communist Party of China (CPC) and the Chinese government, Xi said.China stands ready to step up mutual support on issues concerning both sides' core and strategic interests, exploit complementary advantages, jointly promote a multi-polar world and the democratization of international relations and elevate bilateral ties to a new stage, the Chinese vice-president said. Chinese Vice President Xi Jinping (R) meets with Russian Prime Minister Vladimir Putin in Moscow, capital of Russia, March 23, 2010.Xi hoped the two countries will further their coordination on economic development strategies, deepen energy cooperation and improve the quality and level of economic and trade cooperation.He called for further implementation of major consensus on interregional cooperation reached by the two countries' leaders and increased people-to-people exchanges against the backdrop of the "Year of Chinese Language" in Russia this year.
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