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PARIS, July 9 (Xinhua) -- Wu Bangguo, China's top legislator, said Friday that China and France should strengthen their cooperation and build a close, long-term and sustainable type of new economic and trade partnership.Wu, chairman of the Standing Committee of Chinese National People's Congress (NPC), who arrived in Paris on Wednesday for an eight-day official goodwill visit to France, gave a keynote speech at a business forum grouping at least 200 senior French and Chinese officials and business leaders in Paris.In his speech, Wu reviewed the ties between the two countries since the establishment of diplomatic relations in 1964.Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress, the country's top legislature, addresses the Chinese-French forum on economic and trade cooperation in Paris, capital of France, July 9, 2010.He said the Sino-Franco comprehensive strategic partnership charted by Chinese President Hu Jintao and former French President Jacques Chirac in 2004 has turned "a new page" in bilateral relations."The Sino-Franco relations have formed a mutually-beneficial pattern that is all-dimensional, wide-ranging and multi-tiered, injecting vitality and energy to the comprehensive strategic partnership," Wu said."The trade volume between the two countries has reached 17.12 billion U.S. dollars in the first five months this year, a 40.3 percent increase on the year-on-year basis," Wu added.France is at present China's fourth largest trading partner within the EU while China is France's biggest trading partner in Asia, he said.
HANGZHOU, June 18 (Xinhua) -- Three people are dead and two others still buried Friday after a rain-triggered landslide in east China's Zhejiang Province.The landslide hit Taolin Village of Chun'an County at 5:00 a.m. Friday as villagers were being evacuated from their homes. The area had been pounded by rain since Thursday afternoon, said Tong Xiaowei, deputy county head.Debris swamped two residential houses, burying six residents and two others assisting with the evacuation, Tong said.Three of the eight people were injured and were receiving treatment at hospital, Tong said.About 300 fire fighters, policemen, medical personnel and villagers had joined in the rescue work, he said.Provincial meteorological authorities forecast Thursday that heavy rain would persist for another week. Chun'an County was among the worst hit by the rain.Also Friday, rescuers from south China's Guangxi Zhuang Autonomous Region recovered the bodies of three people from rubble after a rainstorm damaged two homes in Dongma Village of Rongshui Miao Autonomous County around 3 a.m., according to the county's flood control and drought relief headquarters.In the far west Xinjiang Uygur Autonomous Region, an exploration worker was suffocated to death Thursday after he was buried by a rain-triggered landslide on a hill in Qira County, said a spokesman with the county government Friday.At around 2:40 p.m. Thursday the landslide of mud-and-stone hit a tent where five exploration workers with the Xinjiang Xindi Engineering & Construction Co., Ltd. were taking a rest, said the spokesman.Four workers managed to escape while one was found dead after being dug out half an hour later, he said.The civil affairs bureau in northern Hebei Province said Friday a thunderstorm with sporadic hail hit Zhangjiakou City from Wednesday to Thursday, leaving two dead and three missing.The storm hit six counties in Zhangjiakou, with 56,200 residents suffering losses and hundreds of houses collapsing. The rainstorm damaged roads and bridges, and about 7,000 hectares of farmland have been submerged.The Ministry of Civil Affairs said, by 4 p.m. Friday, the heavy rains that began pounding south China Sunday had left 69 dead, 44 missing and forced the evacuation of 493,000 people in Fujian, Jiangxi, Hunan, Guangdong, Sichuan and Guizhou provinces as well as Guangxi Zhuang Autonomous Region.The rainstorms had caused direct economic losses of 6.5 billion yuan (952 million U.S.dollars), it said.

OSLO, June 12 (Xinhua) -- He Guoqiang, a leader of the Communist Party of China (CPC), met on Friday with Raymond Johansen, the general secretary of the Norwegian Labor Party and the Norwegian Foreign Minister, Jonas Gahr Store, in an effort to deepen bilateral relations and mutual cooperation between China and Norway.In a meeting with Johansen, He said that both the CPC and the Norwegian Labor Party are the ruling party in China and Norway respectively and that drawing from each other's experience in ruling is an important aspect of the party-to-party friendly exchanges.The CPC has taken many practical measures to strengthen disciplinary work, expand democracy within the party and fight corruption, He said. The Chinese party and government attaches great importance to drawing from international experience and actively developing cooperation with every country, he added.Johansen said that fighting corruption is a hard nut to crack throughout the world and that the Norwegian Labor Party highly evaluates the tremendous efforts taken by CPC and the great achievements made by the Chinese party in this regard.The international financial crisis evoked a deep thought in the international community on the mode of development and the route leading to modernization, and Norway and China are the first two countries which walked out of the shadow of the international financial crisis, said Johansen.The two parties should continue to exchange views over the mode of development and the way of modernization, said Johansen.In his meeting with Store, He said that the Chinese party and government attaches great importance to the relations between China and Norway and see Norway as an important partner for cooperation.The Chinese side is willing to work together with the Norwegian side to strengthen political dialogue, deepen mutually-beneficial cooperation, expand exchange in the humanities and enhance the mutual understanding and friendship between the peoples of the two countries, said He.Store expressed his appreciation over China's treatment of all countries, big or small, on a equal footing.He said that China plays a very important role in international affairs and that the Norwegian side is willing to cooperate with China on the climate change, disarmament an regional hot-spot issues.On Friday, the senior CPC official also met the Norwegian minister of environment and international development, Erik Solheim and the deputy chairman of the Norwegian parliament, Per Kristian Foss.
HONG KONG, June 21 (Xinhua) -- After working in Beijing for 10 months, U.S. Ambassador to China Jon Huntsman said here Monday that trust was very important and was the fuel that powered the U. S.-China relations."Sometimes the tank is full, (and) sometimes it draws down. When it draws down like what happened early this year, the relations become sort of rocky," said Huntsman, who was invited by the Hong Kong General Chamber of Commerce as one of its 150th anniversary speakers.Huntsman, who became U.S. Ambassador to China in August last year, gave five observations on the U.S.-China relations.Firstly, the mandarin-speaking U.S. diplomat said there were a lot less dramas in the U.S.-China relations than many people might imagine despite the occasional alarmist headlines."If you view the U.S.-China relations with a distance, you get the sense that the wheel is coming off the bus. But when in the middle of the relations, you would get less drama," he said."There is more respect ... (and) the ability to communicate on the very very sensitive issues. I don't have a panic button, no restart button. The relations have ups and downs, but overall relations are strong, stable and resilient," Huntsman said.Secondly, he said there are areas of difference but there are many more areas of convergence and what unites us is a lot more important than what divides the U.S. and China."Our success is increasingly tied to identifying our shared interests and to working towards practical solutions," said the 50- year-old diplomat.Thirdly, Huntsman said the two nations were not seeking to " impose our world views on one another" or "to remake one another."The U.S. and China would seek to understand each other better, to continue dialogues and to improve future prospects, he said.Fourthly, Huntsman said while hot political issues often grab public attention, the foundation of the U.S.-China relations was largely commerce and trade.Back in 1974 and 1975, two-way annual trade between the U.S. and China was somewhere between 500 million U.S. dollars to 1 billion U.S. dollars, but this year the U.S.-China trade would reach 400 billion U.S. dollars, making it the world's largest commercial relations, according to Huntsman.Even in the sensitive areas of imbalance, it began to narrow, he said. In 2000, China was the 11th largest export market of the U.S. while it was the third largest now.Fifth, Huntsman said long-term U.S.-China relationship should be based on investment in the next generation and real trust would be earned by people-to-people interactions.Huntsman reminded people of being realistic on the expectations over the U.S.-China relations. "It would never be a 100-percent paradise, nor a cold-war staredown. It would probably be something in between," he added.Asked to comment on China's move to allow more flexibility in its yuan exchange rate, Huntsman responded carefully."I think it's a genuine attempt by China to address its exchange rate mechanism by providing greater flexibility. I know they have given great thoughts and consideration on going forward, knowing that any economic transition that results in stronger consumption, will at some point have to deal with the currency issue," he said.
BEIJING, June 18 (Xinhua) -- China's central bank said Friday more flexibility would be allowed to guide money policies based upon changing circumstances if inflationary pressures increase during the economic recovery along with rising market confidence.The risk of higher prices may grow stronger given that liquidity remains loose throughout the world and China has experienced much faster credit growth earlier, according to the Annual Report 2009 issued Friday by the central bank, the People's Bank of China (PBOC).China's financial institutions lent a record 9.6 trillion yuan (1.4 trillion U.S. dollars) in new yuan-denominated loans last year, almost double that of the previous year, to spur the economy during the ongoing global downturn, but it was accompanied by soaring property prices and rising expectations of possible inflation.China has targeted a total of 7.5 trillion yuan in new loans for 2010.But prices were still very likely to remain stable as China's grain harvest has been substantial for a number of years, and manufacturers of consumer goods have been seeing rising productivity, which ensured supply, the central bank said.China's Consumer Price Index, a main gauge of inflation, rose 3.1 percent in May, exceeding the government target to keep the nation's inflation rate under 3 percent for 2010.National Bureau of Statistics spokesman Sheng Laiyun earlier said the higher inflation in May was due to a low comparison basis from the same period last year, and inflationary pressure was easing given that China had the basics for keeping prices under control.However, the nation needed to safeguard the supply of sufficient agricultural products and curb soaring housing prices in some cities to manage inflationary expectations, according to the report.Relatively relaxed monetary policy to remainThe central bank report said China would maintain its moderately relaxed monetary policy in 2010, projecting for this year a 17 percent increase in broad money supply (M2), which covers cash in circulation and all deposits.Central bank vice governor Su Ning earlier said a 17 percent year on year increase in China's broad money supply, and a targeted 7.5 trillion yuan in new loans for this year, indicated a relatively relaxed monetary policy.Additionally, China's M2 had increased 21 percent year on year to 66.34 trillion yuan by the end of May, according to PBOC data.The central bank said in the report it would work to control the pace of credit growth, maintain the balance of credit, and avoid apparent fluctuations.The central bank also said a differentiated credit policy should be carried out to optimize the nation's credit structure.Specifically, more credit support should be made available for agriculture and small and medium-sized companies, which traditionally face difficulties in obtaining financing.Favorable credit policies should also be implemented to support underdeveloped sectors, employment, strategically important industries such as new energies, new materials, and energy savings, while strict credit controls should be imposed upon energy-consuming and pollutingindustries and those with overcapacities, according to the report.Steady Progress of RMB Exchange Rate ReformThe PBOC said China was to steadily continue market reforms of exchange rates and improve the RMB (Chinese currency) exchange rate formation mechanism.Further, principles of independent decision-making, controllability and graduality should be enacted in improving the mechanism, according to the report.The central bank would also work to make trade and investment moreconvenient by promoting the yuan settlement in cross-border trade.China previously signed a number of bilateral currency swap agreements with countries such as the Republic of Korea, Malaysia, Belarus, and Indonesia.
来源:资阳报