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BEIJING, June 19 (Xinhua) -- A senior Chinese leader has urged local governments to make a greater effort to promote economic development and support social stability during the economic downturn. Zhou Yongkang, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the call during a five-day tour of eastern Anhui Province that ended Friday. Zhou Yongkang (R), member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, talks to a worker at the Anqing Huanxin Group Co., LTD in Anqing, east China's Anhui Province, June 16, 2009Zhou directed local governments to faithfully implement the central authorities' policies and strive to maintain economic growth, improve people's living standards and safeguard social harmony. Improved living standards would provide the basis of a peaceful society, while social stability was a prerequisite for economic development, he said. He called on employers to shoulder their social responsibilities and create more jobs, and asked law enforcement personnel to offer better judicial support for creating social peace.
BEIJING, June 12 (Xinhua) -- The Prime Minister of the Republic of Korea (ROK) Han Seung Soo described Friday the rapid growth of bilateral ties with China as "unprecedented". "We have witnessed over five million ROK and Chinese people visit each other's country and the two-way trade volume expand 26 times bigger during the 17 years since ROK and China forged a diplomatic relationship", Han said. Han made the remarks in an interview with Xinhua on the sideline of a spring conference of the Institute of International Finance in Beijing. He said being neighbors, cultural similarity and friendship between the two peoples offered a solid foundation for the two nations to foster ties. China and the ROK agreed to upgrade their "comprehensive and cooperative partnership" to "strategic cooperative partnership" in May, 2008 during the ROK president Lee Myung-bak's first visit to China. Prime Minister of the Republic of Korea (ROK) Han Seung-soo (R) receives interview by a journalist from Xinhua News Agency in Beijing, capital of China, June 12, 2009. "We can see profound changes take place in almost all the fields of bilateral cooperation since then, especially in trade and economy, culture, education and youth exchange," Han said. He also recalled President Lee's visit last May to Dujiangyan, a city in Sichuan Province severely damaged by an 8.0-magnitude quake. "The ROK people were so concerned and feel deep sympathy about those who lost theirs lives or families in the disaster," Han said. He told Xinhua that the schoolboy Wei Yuehao who was held in the arms by President Lee during his visit to the quake zone was invited last month to the Cheong Wa DAE, the ROK presidential office "as a commemoration". Han said the ROK was severely hit by the financial turmoil and the ROK government, in a bid for the economic recovery, has come up with policies to stimulate domestic demand, step up financial investment and expand employment opportunity, which had worked. Han said China was the biggest trade partner and exporting market to the ROK, and he expressed his appreciation for the measures that China adopted to curb the effects of the financial crisis, noting that it would be a "win-win" solution if the two nations could work together to tackle the crisis. The prime minister also called on the Democratic People's Republic of Korea (DPRK) to abandon its nuclear test scheme and return to the six-party talks to address the nuclear issue on the Korean peninsula at an early date. On May 25, the DPRK announced it has "successfully conducted one more underground nuclear test," which Pyongyang said has demonstrated its "defensive nuclear deterrent." After the test, it also fired some short-range missiles. "The status of a non-nuclear peninsula is not only a must for the peace and stability on the peninsula, but also for that of East Asia and the world," Han said, expressing his hope that China, which chairs the six-party talks, could continue to play its positive and constructive role. Launched in 2003, the six-party talks grouped China, DPRK, ROK, the United States, Russia and Japan. The talks have been stalled since the top negotiators last met in Beijing last December.
Urumqi, June 21 (Xinhua) -- Chinese Vice President Xi Jinping has called for efforts to strengthen and improve grassroots organizations of the Communist Party of China (CPC) to ensure prosperity, development, harmony and stability in ethnic minority areas. Xi, who is also a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, made the call during his research trip to northwest China's Xinjiang Uygur Autonomous Region from June 17 to 21. Chinese Vice President Xi Jinping (C) talks with a worker while inspecting Xinjiang Joinworld Co., Ltd in northwest China's Xinjiang Uygur Autonomous Region, June 20, 2009. Xi Jinping made a research trip to Xinjiang from June 17 to 21During his stay in the autonomous region, Xi toured Kashi, Bayingholin, Kalamayi, Shihezi and Urumqi cities, where he visited villages, communities, companies, schools and the Xinjiang Production and Construction Corps. In Kashi, an area frequently shaken by earthquakes in recent years, Xi looked into the progress in building anti-earthquake houses. In Urumqi, the regional capital of Xinjiang, he attended a class of a high school and talked with students. Chinese Vice President Xi Jinping (2nd R) talks with a farmer at Baren Village, Shule County in northwest China's Xinjiang Uygur Autonomous Region, June 18, 2009. Xi Jinping made a research trip to Xinjiang from June 17 to 21.While visiting some big oil and chemical projects, the senior official called for developing a recycled economy and protecting resources and the environment. Before his departure, Xi addressed a workshop for local Party and government officials. Chinese Vice President Xi Jinping (back L3) talks with students of the 15th Middle School of Urumqi in northwest China's Xinjiang Uygur Autonomous Region, June 20, 2009. Xi Jinping made a research trip to Xinjiang from June 17 to 21.
ROME, July 2 (Xinhua) -- Chinese President Hu Jintao's forthcoming visit to Italy ahead of the G8 summit paves the way for stronger bilateral ties, an Italian expert told Xinhua in an interview. Luca La Bella, a China analyst with Rome's International Studies Center, said that in the past decades, political, economic and cultural relations between Italy and China have improved. "Chinese President Hu Jintao's visit to Italy will reinforce this strategic collaboration," he said. Hu will attend a meeting between the leaders of the Group of Eight (G8) and emerging economies from July 8 to 10 in L'Aquila. Before the G8 summit, he will pay a state visit to Italy from July 5 to 8 at the invitation of Italian President Giorgio Napolitano. After the G8 meeting, the Chinese leader will visit Portugal from July 10 to 11. China-Italy ties have maintained a sound momentum of rapid development, especially since 2004, when the two countries forged the first all-round strategic partnership to boost political and economic cooperation, La Bella said. "The Italian Culture Year in China of 2006 was very successful," La Bella said. "Institutional exchange and business ties have increased. Reciprocal awareness of each other's culture and history is now greater." The Italian firms in China enjoy Chinese government's support, the expert said, "Trade exchanges have increased. Italy imports from China technological goods, and exports Italian fashions and brands to China." The two presidents will surely discuss in their meeting the upcoming Chinese Year of Culture in Italy, scheduled for 2010. It will be China's turn this time to be culturally, economically and politically present in Italy, La Bella said. Numerous events are planned for the Chinese Year in Italy, which marks celebrations of the 40th anniversary of diplomatic relations between the two countries. It will be an opportunity for high level political, economic and cultural exchanges between Chinese and Italian leaders and industry representatives. According to La Bella, fostering bilateral ties with China is of crucial importance to Italy. China and Italy are well-tuned politically as well, he added. "Italy pursues the one-China policy and is a front runner in lifting the arms embargo against China," he said.
BEIJING, July 14 (Xinhua) -- Chinese equities gained 2.1 percent to hit a 13-month high Tuesday after three days of losses, boosted by financial, real estate and steel shares. The benchmark Shanghai Composite Index closed at 3,145.16 points, up 64.6 points, or 2.1 percent. The Shenzhen Component Index closed at 12,991.06 points, up 330.51 points, or 2.61 percent. Total turnover expanded to 280.53 billion yuan (41.07 billion U.S. dollars) from 268.78 billion yuan on the previous trading day. Winners outnumbered losers by 795 to 67 in Shanghai and 667 to 74 in Shenzhen. This multiple exposure picture shows an investor at a stock brokerage in Haikou, capital of south China's Hainan Province, on July 14, 2009. The benchmark Shanghai Composite Index on Tuesday closed at 3,145.16 points, up 64.6 points, or 2.1 percent to hit a new 13-month high led by banking shares "Strong investor optimism and a rebound in major markets in the United States and Europe driven by financial shares helped push up the gains in Chinese equities," said Qin Xiaojun, an analyst with Galaxy Securities. The Dow Jones Industrial Average gained 1.4 percent Monday with Bank of America, Citigroup, and J.P. Morgan Chase, three of its banking components, posted solid gains. Positive signals strengthened investor confidence as China posted a 19.6 percent fiscal revenue increase in June Monday. China's central bank Monday called on financial institutions to improve financial support to stimulate the economy. Brokerage shares performed well. Guoyuan Securities rose by the daily limit of 10 percent to close at 24.97 yuan, and Hongyuan Securities advanced 6.19 percent to 26.6 yuan. The real estate sector posted widespread gains as the Beijing-based Vantone Real Estate Co., Ltd and Xiamen-based Chuangxing Real Estate Co., Ltd reached the daily limit of 10 percent to close at 13.83 yuan and 11.31 yuan respectively. Anyang Iron and Steel Group Co., Ltd and Guangxi Liuzhou Iron and Steel Group Co., Ltd also rose by the daily limit to 5.48 yuan and 9.01 yuan respectively.Investors are seen at a stock brokerage in Haikou, capital of south China's Hainan Province, on July 14, 2009. The benchmark Shanghai Composite Index on Tuesday closed at 3,145.16 points, up 64.6 points, or 2.1 percent to hit a new 13-month high led by banking shares.