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BEIJING, Dec. 1 -- Premier Wen Jiabao Monday rejected "unfair" calls from European countries for faster reform of China's currency policies, despite lobbying from EU financial chiefs at the weekend."Some countries demand the yuan's appreciation while practicing various trade protectionism against China. It's unfair and actually limits China's development," Wen told reporters in Nanjing, Jiangsu province. European Commission President Jose Manuel Barroso and Swedish Prime Minister Fredrik Reinfeldt, whose country holds the rotating EU presidency, were also at the press conference. Chinese Premier Wen Jiabao delivers a speech at the closing ceremony of the fifth China-EU Business Summit in Nanjing, capital of east China's Jiangsu Province, Nov. 30, 2009. Wen's unusually direct response followed a one-and-a-half hour summit between China and the EU, which has 27 member-nations. The summit ended with five agreements mainly on energy and environmental cooperation. But it also ended without a breakthrough on issues that have brought stalemate between the sides, such as trade disputes and arms embargoes. Wen said China will keep the yuan basically stable and carry out currency reform at its own, gradual pace. A stable yuan is not only good for the Chinese economy but the world, Wen said. The meeting took place against the backdrop of concern about the rising euro and the possibility it might derail the recovery in Europe, which imports heavily from China. The yuan began gaining against major currencies after a set of exchange rate reforms were introduced in July 2005. After rising nearly 20 percent against the US dollar, it hovered around 6.83 to the US dollar for about a year. In the past month or so, the euro has risen to a 15-month high. Euro Group President and Luxembourg Prime Minister Jean-Claude Juncker joined other European leaders in lobbying China's senior officials. The Chinese officials explained that it was difficult to make a case for "immediate renminbi appreciation" in a country where 40 million people live on less than 1 U.S. dollar a day. Chinese Premier Wen Jiabao (C), European Commission President Jose Manuel Barroso (R) and Swedish Prime Minister Fredrik Reinfeldt (L), whose country currently holds the rotating EU presidency, meet with the press after the 12th China-EU summit in Nanjing, capital of east China's Jiangsu Province, Nov. 30, 2009. The failure of the EU appeal was expected because Europe was only thinking about itself, claimed Wu Baiyi, a European studies expert at the Chinese Academy of Social Sciences. Zhao Junjie, Wu's colleague, said that while China is not able to quickly change its currency policy, Beijing had made efforts in the past year to fill the EU trade gap. "Actually, some of the goods bought by the dozen purchasing groups that China sent to the EU during the past year were bought only for the sake of the EU," he said. "But the EU still wants more." Glenn Maguire, chief Asia-Pacific economist at Societe Generale SA in Hong Kong, told Bloomberg: "China will only adjust on its own terms and in its own time. It's decided that now is not the time to do that." Despite lingering disputes, including trade protectionism and the EU's ban on the transfer of technology to China, Wen Monday raised expectations for improved relations with Beijing's largest trading partner. "China and Europe walking together hand-in-hand will make the steps of humankind more steady, and that best illustrates the strategic significance of our ties," said Wen. Barroso and other EU leaders Monday also applauded fresh Chinese commitments on countering climate change. Stanley Crossick, founding chairman of the European Policy Centre, said Europe will need to commit to lifting its arms embargo against China. "Beijing is right that listing China among a handful of embargoed pariah states is totally inconsistent with the treatment of a strategic partner," he said. Crossick suggested that EU officials be trained in contemporary China and taught Mandarin. Wen opened the door to better understanding Monday, announcing that 2011 will be the year for China-EU youth communication and the establishment of other youth and cultural exchange mechanisms.
BEIJING, Nov. 16 (Xinhua) -- U.S. President Barack Obama arrived in Beijing Monday afternoon to continue a four-day state visit to China after meetings with officials and students in Shanghai. Chinese Vice President Xi Jinping greeted him at the airport. U.S. President Barack Obama waves as he steps off Air Force One at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to ChinaChinese Vice President Xi Jinping walks with U.S. President Barack Obama at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to China During his stay in Beijing, Obama is to meet with Chinese leaders and exchange views on bilateral relations and major international and regional issues of common concern. He will also visit the Forbidden City and the Great Wall, two of China's most cherished heritage sites. A child presents a bouquet to U.S. President Barack Obama as Chinese Vice President Xi Jinping gestures at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to China. Obama arrived in Shanghai Sunday night, the first stop of his maiden trip to China since taking office in January. He met with Shanghai Party chief Yu Zhengsheng and had a dialogue with Chinese youth earlier Monday. China is one leg of Obama's Asian tour, following his visit to Japan and Singapore. He is slated to leave Beijing for the Republic of Korea Wednesday afternoon. Chinese Vice President Xi Jinping shakes hands with U.S. President Barack Obama at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to ChinaU.S. President Barack Obama arrives at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to China

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.
SINGAPORE, Nov. 11 (Xinhua) -- Visiting Chinese President Hu Jintao met here Wednesday evening with Singaporean President S. R. Nathan, with both exchanging views on further developing bilateral ties between the two countries. President Hu said that as the two countries are to celebrate the 20th anniversary of the establishment of diplomatic relations next year, China is ready to provide Singapore with a pair of pandas for joint research in a bid to further enhance the friendly feelings between the people of the two countries. Chinese President Hu Jintao (R, front), accompanied by Singapore's President S.R. Nathan (R, rear), inspects the honour guard during a welcome ceremony in honor of Hu in Singapore, on Nov. 11, 2009President Nathan said that China's decision to offer a pair of pandas to Singapore is an important symbol of friendship between the two peoples. During the meeting with Nathan, Hu said the bilateral relations have witnessed rapid growth since the two countries established diplomatic ties 19 years ago. The two sides have maintained frequent exchange of high-level visits and achieved fruitful cooperation in various fields, said the Chinese leader. Chinese President Hu Jintao (2nd L) and his wife Liu Yongqing (1st L) pose for a group photo with Singapore's President S.R. Nathan (2nd R) and Nathan's wife in Singapore, on Nov. 11, 2009. Expressing satisfaction with the good momentum in the development of bilateral relations, Hu said China attaches great importance to its relations with Singapore and is ready to deepen mutually beneficial cooperation, so as to make greater contribution to peace, stability and prosperity of Asia. Hu emphasized that human resource is a key area of bilateral cooperation, to which both sides have always paid great attention. Strengthening exchanges between the young people of both countries is conducive to the long-term and stable growth of bilateral links, he said. Hu also briefed Nathan about the measures that China has taken to offset the impact of the international financial crisis and to maintain a stable and relatively rapid growth of the economy, as well as the effects of these measures. Nathan warmly welcomed Hu's state visit to Singapore, saying the visit is of milestone significance in the development of the bilateral relations. Under the current circumstances of rampant trade protectionism, China's success in addressing the challenge of the global financial crisis and maintaining a rapid economic growth deserves admiration and congratulation from Singapore, he said. Nathan said that as the People's Republic of China celebrated this year the 60th anniversary of its founding, the great changes in China have brought about opportunities for the whole region and benefited every country in the region. He said Singapore and China enjoy a close relationship as bilateral cooperation in various fields grow smoothly. Singapore hopes to further strengthen exchanges and cooperation with China in various areas such as economy and trade, tourism and education and to expand cooperation at local levels, he added. Nathan said Singapore is also ready to expand cooperation with China in the area of human resource development. Noting that Asia is frequently striken by natural disasters, Nathan said China has accumulated valuable experience in disaster relief during the severe earthquakes in Sichuan last year and in post-disaster rehabilitation for other countries to learn from. Before the meeting, Nathan held a welcome ceremony for Hu. President Hu arrived here Wednesday afternoon for a state visit to Singapore. This is the final leg of his two-nation Southeast Asia trip, which has already taken him to Malaysia. During his stay in Singapore, President Hu will also attend the Economic Leaders Meeting of the Asia-Pacific Economic Cooperation (APEC) slated for Nov. 14-15.
WUHAN, Nov. 28 (Xinhua) -- A senior leader of the Communist Party of China (CPC) has urged officials and governments at all levels to serve the people by addressing their concerns. He Guoqiang, member of the Standing Committee of the CPC Central Committee, made the remarks during his visit in Chibi City of central China's Hubei Province on Saturday. He said officials and governments must solve well the problems that concern people's immediate interests to ensure social harmony and stability. When visiting a local village and urban community of the city, He urged local officials to help residents increase their incomes and answer the needs required by the people. He asked the officials to improve their ability of resolving practical problems to bring about more tangible benefits to local people. He, also secretary of the Central Commission for Discipline Inspection of the CPC, also called on local Party organs to improve their organizational construction, promote intra-party democracy and strengthen the struggle against corruption.
来源:资阳报