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BEIJING, Dec. 4 (Xinhua) -- China's top legislator Wu Bangguo met here Friday with Kazakhstan's First Deputy Prime Minister Umirzak Shukeev. Wu, chairman of the Standing Committee of the National People's Congress (NPC), said China and Kazakhstan are friendly neighbors and strategic partners. Wu Bangguo (R, front), chairman of China's National People's Congress Standing Committee, meets with Kazakhstan's First Deputy Prime Minister Umirzak Shukeev (L, front) at the Great Hall of the People in Beijing, capital of China, Dec. 4, 2009. Umirzak Shukeev is here in China to attend the fifth meeting of the China-Kazakhstan Cooperative Commission.He said the Chinese side set a high value on firm support from Kazakhstan on issues of Taiwan, Tibet, and fighting "East Turkistan" forces. China will continue as always to support Kazakhstan in safeguarding national sovereignty, security and promoting socio-economic development, he said. Chinese Vice Premier Wang Qishan (R Front) shakes hands with Kazakhstan's First Deputy Prime Minister Umirzak Shukeev after they signed the summary of the fifth meeting of the China-Kazakhstan Cooperation Committee in Beijing, capital of China, Dec. 4, 2009Shukeev visits China to co-chair the fifth meeting of the China-Kazakhstan Cooperative Commission with Chinese Vice Premier Wang Qishan. During the meeting, more than 20 Chinese, Kazakh officials, ranging from trade and energy to environment and transportation laid out plans for future cooperation. Wu said the commission has played an active role in promoting bilateral cooperation. He hopes the consensus and agreements reached in the fifth meeting can be carried out as soon as possible to deepen cooperation between the two sides in various fields. Shukeev said Kazakhstan attaches great importance to relations with China, and is willing to work with China to give full play to the role of the committee, in order to promote the strategic partnership between Kazakhstan and China.Chinese Vice Premier Wang Qishan (R2 Front) and Kazakhstan's First Deputy Prime Minister Umirzak Shukeev (L2 Front) sign the summary of the fifth meeting of the China-Kazakhstan Cooperation Committee in Beijing, capital of China, Dec. 4, 2009.
WASHINGTON, Nov. 4 (Xinhua) -- The United States requested the World Trade Organization (WTO) on Wednesday to establish a dispute settlement panel to rule on China's export restraints on raw materials. But Chinese officials insist that they are consistent with WTO rules. The materials at issue are: bauxite, coke, fluorspar, magnesium, manganese, silicon metal, silicon carbide, yellow phosphorus, and zinc, key inputs for numerous downstream products in the steel, aluminum, and chemical sectors across the globe. The Office of the United States Trade Representative (USTR) said in a statement that the raw materials are "critical to U.S. manufacturers and workers." The USTR also said that the European Union and Mexico are joining the United States in requesting the establishment of a WTO dispute settlement panel regarding this matter. The U.S. and the European Union requested formal consultations with China at the WTO on June 23, 2009, and Mexico filed its consultations request on August 21, 2009. "We believe the restraints at issue in this dispute significantly distort the international market and provide preferential conditions for Chinese industries that use these raw materials," said Debbie Mesloh, a USTR spokeswoman. "Working together with the European Union and Mexico, we tried to resolve this issue through consultations, but did not succeed. At this point, therefore, we need to move forward with the next step in the WTO dispute settlement process," Mesloh stated. "We remain open to working with China to find a mutually agreeable solution to our concerns." But the Chinese Ministry of Commerce defended China's export policies, saying they are consistent with WTO rules. The chief aim of China's export policies is to protect the environment and conserve natural resources, said an official with the Ministry of Commerce in June. China has been keeping communication and contact with the U.S. and the EU over China's policy on raw material exports, the official said, adding that China will properly deal with the consultation request in accordance with WTO dispute settlement procedures. According to the procedures, China, the U.S., the EU and Mexico have 60 days to try to resolve their dispute through consultations. If consultations fail, the U.S., the EU and Mexico could ask for a WTO panel to investigate and rule on this dispute.
SANTIAGO, Nov. 20 (Xinhua) -- China is a dynamo of the world economy and is playing a central role in helping a global economic recovery, said Alicia Barcena, executive secretary of the Economic Commission for the Latin America and the Caribbean (ECLAC), on Friday. "China is part of the world trade of wheat, rice, soya, sugar and others, playing a very important role in the increase of those product exports. The same happens in the case of the minerals and oil," Barcena told Xinhua in an interview. He said China is one of the most important market for Latin American and the Caribbean products. "China is being a blessing for the exports of raw materials from Latin America and the Caribbean. But it is also a great exporter (to the region). So, it competes with the countries of this region, mainly with Mexico and the Central American nations," said Barcena. Trade between China and Latin America has grown tremendously, he noted. He said Mexico, for example, is beginning to see China as a partner rather than a competitor. Mexico has given priority to trade relations with China. As a result, the Asian country is now the fifth largest overseas market for Mexican products. Meanwhile, South America has also improved ties with China. "All producers see the opportunity of reaching the Chinese market," said Barcena.
BEIJING, Dec. 27 (Xinhua)-- Premier Wen Jiabao admitted Sunday that it'd be good if lending by Chinese banks had not been growing on a too large scale as a result of the government's immediate response to the global financial crisis."It would be good if our bank lending was more balanced, better structured and not on such a large scale," he said in an exclusive interview with Xinhua News Agency. Wen said the State Council had noticed the problem in the middle of the year and moved to correct it. "It has been improving in the second half of this year," he said. Chinese Premier Wen Jiabao (L) smiles during an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009 Credit expansion was one of the "unexpected difficulties" China had encountered in dealing with the worst crisis in decades, Wen said. The State Council had to learn from past experience, detect problems and make persistent efforts to fight the crisis effectively, he said. Wen said it was too early to grade China's performance in tackling the crisis because it was far from over and much work was yet to be completed. He admitted that the State Council had time in the second half of the year to calmly reflect on the problems arising from the emergency response to the economic crisis. The State Council had thoroughly discussed measures to cultivate new economic growth points, especially relating to emerging strategic industries such as the Internet, the green economy, the low-carbon economy, sensor technology and bio-pharmacy, he said. "I think one of the linchpins for the world to overcome the economic crisis is wisdom, and, most importantly, science and technology," he said. Chinese Premier Wen Jiabao (L) shakes hands with Xinhua President Li Congjun before an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009Chinese Premier Wen Jiabao (L) shakes hands with He Ping, Editor-in-Chief of Xinhua News Agency, before an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009