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KYONGJU, South Korea, Dec. 18 (Xinhua) -- Chinese Vice President Xi Jinping met South Korean Gyeongsangbuk-do Governor Kim Kwanyong here Friday.     Xi said China and South Korea, with a long history of friendship, have witnessed strong growth in their relations since the establishment of diplomatic ties in 1992, and the two countries had set up a strategic and cooperative partnership.     Xi said he met and reached broad consensus with South Korean leaders during the past two days, and made extensive communications with South Korean people from all walks of life. Chinese Vice President Xi Jinping (L, front) meets with Kim Kwan-Yong, Gyeongsangbuk-do Governor, in Gyeongju, South Korea, Dec. 18, 2009Xi said his South Korea trip was a success, achieving the expected goal of expanding consensus, promoting friendship and pushing forward cooperation.     Xi said communications between Chinese and South Korean provinces and cities account for a large part of the bilateral ties. He called on Gyeongsangbuk-do to strengthen communications and deepen cooperation with its Chinese sister province of Henan, and make a positive contribution to the development of ties between the two countries. Chinese Vice President Xi Jinping (R, front) meets with Kim Kwan-Yong, Gyeongsangbuk-do Governor, in Gyeongju, South Korea, Dec. 18, 2009    Kim greeted Xi on behalf of the local people. The governor hoped that the economic, cultural and local communications between South Korea and China would be further enhanced by Xi's visit.     Xi arrived in South Korea Wednesday night after a visit to Japan. He will also visit Myanmar and Cambodia.

BEIJING, Nov. 14 (Xinhua) -- China's industrial output is expected to grow by about 16 percent year on year this month and in December and the full year industrial output growth could reach around 10.5 percent, Minister of Industry and Information Technology Li Yizhong said here Saturday.     At the 3-day International CEO Roundtable conference, Li said the industrial output growth would guarantee the manufacturing-based Chinese economy should achieve its full-year growth target of 8 percent.     China set the about 8-percent growth target in March this year. The government believes 8-percent GDP growth is essential to generate enough jobs.     According to the minister, China's industrial economy stopped falling and began to stabilize and recover in March this year. In October, China's industrial output rose 16.1 percent from a year earlier, the fastest pace since March 2008 and the sixth consecutive month with an acceleration of year-on-year growth.     Li said the industrial output in October had climbed to the level in June last year, which indicated a V-shaped curve of the recovery of the industrial production activities.     Other figures, such as rising company profit, surging power consumption, and increasing export orders, also pointed to the notable recovery of China's industrial production, he said.     Li also cautioned that the recovery base of China's industrial production was not solid and some industries and companies were still faced with production and operation difficulties.     He said China should continue its efforts to restructure its economy and change growth pattern by promoting innovation and technological upgrading, conserving energy and cutting emissions, and integrating information technologies with industrial development.     According to the minister, the industrial production accounted for 43 percent of China's total GDP in 2008 and contributed 42.8 percent to the GDP growth last year.     Thanks to the global financial crisis, China's economy cooled to its slowest pace in seven years in 2008 and expanded 9 percent from a year earlier to reach 30.07 trillion yuan (4.4 trillion U.S. dollars).

BEIJING, Dec. 21 (Xinhua) -- China proposed on Monday to advance its economic and trade relations with France to a new level by taking the opportunities that may emerge when tackling global challenges including the financial crisis and climate change.     Premier Wen Jiabao made the remarks when meeting with visiting French Prime Minister Francois Fillon, who witnessed an unveiling ceremony of the biggest new energy joint venture between the two countries Monday morning. Chinese Premier Wen Jiabao (L) holds a welcoming ceremony for French Prime Minister Francois Fillon (R) at the Great Hall of the People in Beijing, capital of China, Dec. 21, 2009. "We should take the opportunities of tackling the international financial crisis, climate change, energy security and other global challenges, and change our ways of thinking and deepen cooperation to advance bilateral economic and trade relations to a new level," Wen told Fillon     "We should follow the opening and win-win principles, oppose trade protectionism, and take effective measures to help bilateral trade resume growth at an early date," Wen proposed.     Statistics showed that the China-France trade volume has been falling since the third quarter of 2008, with China's exports to France declining significantly. Chinese Premier Wen Jiabao (R) shakes hands with French Prime Minister Francois Fillon during a welcoming ceremony Wen holds for Fillon at the Great Hall of the People in Beijing, capital of China, Dec. 21, 2009According to China's customs data for the first three quarters of this year, the two countries' trade volume was about 24.6 billion U.S. dollars, down 15.6 percent from the same period last year. It was the first year-on-year decline since 1996.

BEIJING, Nov. 26 (Xinhua) -- China has tightened settlement and sale of foreign exchange by individuals to curb non-normal cross-border capital inflow, according to a statement of the State Administration of Foreign Exchange (SAFE).     Banks should deny, review or report to foreign exchange regulators, individual purchases or settlements of foreign exchange suspicious of splitting up one deal into several smaller ones to dodge limits on the size of exchange transfer by one person, which is understood to be one of the channels for hot money inflow, said the statement on Wednesday.     Practices including one overseas individual or institution remitting foreign exchange to five or more individuals within China who settle them respectively, or five or more individuals buying foreign exchange and remitting them to one and the same overseas individual or institution, on a single day, every other day or consecutive days, are considered exchange splitting behavior, said the SAFE.     China in 2007 set the limit of up to 50,000 U.S. dollars per year for an individual to exchange between yuan and foreign exchange.

TOKYO, Nov. 19 (Xinhua) -- Visiting Chinese Foreign Minister Yang Jiechi met with Japanese counterpart Katsuya Okada Thursday evening to discuss bilateral ties as well as international and regional issues of common concern.     Yang said after the new government was formed after the Aug. 30general election of Japan, leaders of the two countries have met under many circumstances to reach important consensus on strengthening strategic mutual beneficial relations. The bilateral ties are embracing fresh opportunities of development and a main purpose of his visit is to discuss with the Japanese side how to further improve the relations.     Yang said the two countries should maintain high-level mutual visits and economic dialogues to deepen cooperation. On issues where divergences still remain, the two countries should seek solutions on the basis of dialogue and consultation.     Yang also suggested Japan and China should work to ensure the peace and stability of East Asia, which includes measures to bring Democratic People's Republic of Korea back to six-party talks and denuclearize the Korean Peninsula. They also discussed issues such as climate change.     Okada also believed Japan and China should increase communication in all areas to enhance the mutually beneficial bilateral ties.     Yang also met with Speaker of the House of Representatives Takahiro Yokomichi and President of the House of Councillors Satsuki Eda on Thursday.     Yang told the Speakers of Lower and Upper Houses that the Shanghai Expo, which is to open next May, is a good channel of friendly communication between China and the rest of the world. China appreciated the assistance provided by the Japanese Diet to the preparation of the Expo and will continue to work with Japan to enhance cultural and personnel communication between the two countries.     The Japanese Speakers of the Diet said China and Japan should not only closely cooperate on bilateral issues, but also work together to settle regional, international and global issues. They emphasized communication between the legislation bodies are important and the Japanese Diet will exert every effort to boost bilateral ties. They also said Japan is actively preparing for the participation of Shanghai Expo and believed the Expo will be a success.     Chinese Ambassador to Japan Cui Tiankai was present during the meetings.     Yang's four-day visit to Japan, which started here Thursday, is the first since the country saw a change of government in September.