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BEIJING, May 21 (Xinhua) -- Chinese Premier Wen Jiabao attended the 11th China-EU summit with European leaders in Prague on Wednesday, focusing on bilateral strategic partnership, the global financial crisis and climate change. The two sides reached a number of consensus at the summit which will play an active role in promoting a sustainable development of bilateral relations in an in-depth and all-around way. Premier Wen stayed in Prague for a mere of five hours, but needed a 20-hour flight to go forth and back, indicating his sincerity, responsibility and confidence in meeting with the EU leaders. Sincerity, responsibility and confidence are crucial in pushing forward the comprehensive China-EU strategic partnership, which is the experience drawn from the past and the need of reality. Under the complex international political and economic situation, the China-EU relations have gone beyond the bilateral scope and bears more international significance. China and the EU enjoy a solid basis in continuing cooperation and meeting challenges jointly. Up to now, the two sides have set up more than 50 consultation and dialogue mechanisms covering political, trade, scientific, energy and environmental areas. It is not worthy that the China-EU trade volume exceeded 425 billion U.S. dollars in 2008 in face of global slump, representing a 19.5-percent growth over the previous year. At a time when the raging financial storm hit the world, the major tune for bilateral ties should be mutual support. Just as what EU Commission President Jose Barroso described, China is a "crucial partner" in international efforts to counter global challenges, such as the economic and financial crisis and climate change. Challenge also generates opportunities while posing danger to the world. When the financial crisis is raging, it also serves as a opportunity for both sides to forge stronger ties. During the just concluded 11th China-EU summit in Prague, the two sides signed three agreements on cooperation in clean energy, science and technology, and small and medium-sized enterprises. Wen also announced at the summit that China will send another buying mission to the EU to increase imports from Europe, a pragmatic action of China to fight against protectionism. It also signals Beijing's confidence to jointly tackle the global financial crisis with EU partners. As the world's largest developing country and the largest bloc of developed nations respectively, China and EU need to develop steadily by clearing obstacles first, thanks to the fact that both sides enjoy huge potential and broad prospects for further cooperation. EU should recognize China's market economy status as soon as possible, loosen its control over export restrictions on high-techproducts and lift its arms embargo to China, measures which will be conducive to nurturing new growth engines for trade and economic cooperation and expanding fields of cooperation. Since the first China-EU summit in 1998, the international political and economic situation has experienced profound changes. In this context, the strategic and mutually beneficial partnership between the two sides has been expanded rapidly, further deepened and consolidated. As the China-EU Summit enters a new decade, it is believed that the China-EU relations will constantly move ahead as long as both sides work together in a forward-looking manner, adhere to the principle of mutual respect, non-interference in each other's internal affairs, take into consideration of each other's core concerns and properly handle sensitive issues to refrain from harming bilateral ties by individual incidents.
BEIJING, June 29 (Xinhua) -- Chinese State Councilor Liu Yandong met here Monday with Henry Kissinger, the former U.S. secretary of state. Liu highlighted the robust growth of the China-U.S. ties since the two forged diplomatic relations 30 years ago, noting that the bilateral relations scored a good beginning and maintains positive momentum since the Obama administration took office. China is committed to work with the United States to further promote the bilateral dialogue and cooperation at various levels and in national development, education, science and technology and culture, Liu said. Chinese State Councilor Liu Yandong (R) meets with Henry Kissinger, former U.S. secretary of state, in Beijing, June 29, 2009. Echoing on Liu's views, Kissinger defined relations between the United States and China as one of the most important bilateral relations in the world, saying that the two nations play vital roles in promoting world prosperity and safeguarding the international peace and stability. Kissinger was here at the invitation of the Chinese People's Institute of Foreign Affairs.
CHONGQING, June 6 (Xinhua) -- Chinese President Hu Jintao and Premier Wen Jiabao have ordered the local authorities to spare no efforts to save those people buried in a fatal landslide in the southwest city of Chongqing. Caution must be taken to avoid life losses during the rescue work, the two leaders said. Chinese vice-premier Zhang Dejiang arrived at the landslide site in Wulong county at 5 a.m. Saturday to oversee the rescue efforts. At least 80 people are feared buried in the landslide at an iron ore mining area. Firemen search for survivors at the site where a landslide occured earlier in the Jiwei Mountain area, in Tiekuang Township, about 170 kilometers southeast of the downtown area, southwest China's Chongqing Municipality, June 5, 2009. At least 80 people were feared buried in the landslide at an iron ore mining area in Chongqing Municipality on Friday, according to the local government Rescuers had pulled out seven injured people, including four seriously hurt, from the debris as of 8:30 p.m. Friday, according to the publicity department of Wulong County. The injured were taken to hospital. The landslide happened at about 3 p.m. in the Jiwei Mountain area, in Tiekuang Township, about 170 kilometers southeast of the downtown area. Millions of cubic meters of rock filled a valley and buried an iron ore plant and six houses. The trapped included quarry workers, residents and possibly passers-by. The landslide also cut off power and communications in many parts of the town. More than 500 rescuers are searching for the missing. Investigation into the cause of the landslide has begun. A team of fire fighters await orders before rescue near the site of landslide at an iron ore mining area in southwest China's Chongqing Municipality, southwest China, June 5, 2009.At least 80 people are feared buried in the landslide in Chongqing on Friday, according to the local government. Rescuers had pulled out seven injured people, including four seriously hurt, from the debris as of 8:30 p.m., according to the publicity department of Wulong County, the site of the accident
SHANGHAI, June 3 (Xinhua) -- Standard Chartered Bank (China) Limited announced Wednesday that it plans to issue 3.5 billion yuan (512 million U.S.dollars) financial bonds in China, the first foreign bank to issue Renminbi bonds in the Chinese mainland. The announcement was made in the wake of a circular released by the State Council in April on building Shanghai into an international financial center and shipping hub. The municipal government of Shanghai convened a working meeting late last month on preparation for the financial center goal, promising to support foreign banks to issue yuan-denominated bonds. "As China's financial market continues to liberalize, Standard Chartered is seeing a number of opportunities for our business," said Peter Sands, Group Chief Executive of Standard Chartered Bank, during his visit to Beijing this week. The issuance is expected to help elevate the Renminbi's status as an international reserve currency, develop local capital markets, and contribute towards Shanghai's development as a global financial center, said Sands. Standard Chartered Group reported 26 percent income growth in 2008, or 13.97 billion U.S. dollars despite the difficult global economic environment. In China, the bank has grown by an average annual compounded growth rate of 80 percent over the past four years. Standard Chartered Bank is China's oldest foreign bank enjoying150 years of history. It is among the first batch of locally-incorporated foreign banks and has one of the largest foreign bank networks operating in China.
BEIJING, May 21 (Xinhua) -- China's top political advisory body on Thursday urged its members to make more proposals on how the Communist Party and government can maintain the country's economic growth. The statement was made at a meeting attended by the chairman and vice chairpersons of the National Committee of the Chinese People's Political Consultative Conference (CPPCC). Jia Qinglin (2nd R), chairman of the National Committee of the Chinese People's Political Consultative Conference, chairs the 15th chairpersons meeting of the 11th National Committee of the Chinese People's Political Consultative Conference in Beijing, May 21, 2009 The meeting, which was presided over by Jia Qinglin, the chairman, also decided that the Standing Committee of the 11th CPPCC National Committee will hold its sixth session from June 16 to 19.