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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.
TASHKENT, June 11 (Xinhua) -- The Shanghai Cooperation Organization (SCO) 10th annual summit ended here Friday with a declaration pledging to build an effective and open multilateral organization dedicated to regional peace, stability and prosperity.REGIONAL PEACE, STABILITY, PROSPERITYParticipants from the six SCO member countries -- China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan -- discussed key regional and global issues at the gathering.The declaration pledged to strengthen mutual support on issues relating to each other's core interests, boost cooperation in the combat against terrorism, separatism and extremism and other destabilizing factors, enhance cooperation in overcoming the aftermath of the global financial crisis and develop infrastructure in the region.The SCO had developed into a highly efficient and open multilateral organization and was an important factor in international and regional security and cooperation structures, the declaration said.The organization will stick to its practice of shunning ideological means, cliquing or confrontation in efforts to settle major problems emerging in the process of international and regional development.

BEIJING, June 13 (Xinhua) -- The 4th China International Private Equity Forum saw contractual agreements worth 15.5 billion yuan signed, before it closed in north China's Tianjin Municipality Saturday.The forum, which aimed at providing introduction services between investors and enterprises, attracted 729 private equity funds from 36 countries and regions.
BEIJING, Aug. 22 (Xinhua) -- Wuhan Iron and Steel Company Ltd., the listed subsidiary of China's third largest steel maker, said Sunday that its net profit rose 90.43 percent year on year to 963.53 million yuan (141.7 million U.S. dollars) during the first half of the year as strong economic growth boosted steel demand and prices.The company's first-half-year sales reached 34.36 billion yuan, up 50.72 percent from one year earlier, it said in a statement delivered to the Shanghai Stock Exchange.However, costs also climbed in the first six months compared with a year earlier because of increases in raw material prices, it said.Production costs for steel products gained 47.12 percent year on year to 31.18 billion yuan. Further, the company's steel output in the first half of the year gained 29.75 percent year on year to 8.04 million tonnes.China's producer price index, a major gauge of inflation at the wholesale level, rose 6 percent in the January-June period, according to statistics released by the National Bureau of Statistics.However, the company was likely to face a "difficult time" in the second half of 2010 and meeting its full-year profit target would become a "challenging task" as demand from auto, home appliance and real estate sectors experienced "drastic changes" since July, leading to more restrained sales and falling prices, it said.Company officials also worried that high prices of iron ore, coal and electricity would further push up production costs and squeeze profit margins.On Friday, the price of its shares fell 2.87 percent to 4.73 yuan on the Shanghai bourse.
BEIJING, Aug. 4 (Xinhuanet) -- Rising domestic iron ore production and slowing steel demand have hit some foreign miners and affected the global market, industry leaders said on Tuesday.China's iron ore imports dropped for the third straight month to 47.2 million tons in June, while spot prices have dropped to about 2 per ton after peaking at 5 per ton in April.The country's iron ore imports rose 4 percent year-on-year in the first half of this year, figures from the China Iron & Steel Association (CISA) showed. But domestic ore output increased by 28 percent year-on-year to 485 million tons in the same period, with output rising 37.6 percent in the second quarter from the first quarter."Rising domestic ore production is the main factor that drove down imports, largely impacting supply and demand on the global market," CISA vice-chairman Luo Bingsheng said.The figures form part of the bad news for international mining companies in Australia and Brazil that provide more than half of the ores to China.Iron ore imports from Australia, Brazil and India accounted for 62.3 percent of the country's total ore consumption last year.Brazilian company Vale already predicted in June that the share of imported ores in China would drop this year.About 40 percent of Chinese steel mills have to make cutbacks or put plants on maintenance, blaming increasing costs of imported ores and declining steel prices. Oversupply in the industry will continue to lower production, further driving down ore imports in the third quarter, Luo said.The CISA will also reduce the number of licensed iron ore importers to regulate the imported ore market."We will announce new rules for the industry soon, which include higher standards on the environment, energy consumption and capital requirement," Luo said.
来源:资阳报