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BEIJING, Jan. 20 (Xinhua) -- Presidents of China and Austria on Wednesday witnessed the signing of a package of deals and vowed to uplift bilateral relationship."China would like to work with Austria to bring relationship to a new high," Chinese President Hu Jintao told visiting Austrian President Heinz Fischer. Chinese President Hu Jintao (L) and Austrian President Heinz Fischer inspect the guard of honour in Beijing, China, Jan. 20, 2010. Fischer arrived here Tuesday noon for a four-day state visit to China.In their hour-long talks at the Great Hall of the People, Hu reviewed the development of bilateral relations since China and Austria forged diplomatic relations in 1971."China and Austria witnessed deepening and growing ties," Hu said, citing expanded cooperation in economy, trade, investment, science and technology and culture. Chinese President Hu Jintao (R) shakes hands with Austrian President Heinz Fischer in Beijing, China, Jan. 20, 2010. Fischer arrived here Tuesday noon for a four-day state visit to China.Fischer echoed Hu's views, saying China had become an important cooperation partner of Austria.Fischer said Austria was satisfied with ties with China, as bilateral trade increased steadily last year despite the international financial crisis.China-Austria trade hit 4.33 billion U.S. dollars from January to November in 2009, according to China's Customs.This was Fischer's first state visit to China since he took office in July 2004.Fischer's entourage included more than 60 officials in health, defense, sports, business, commerce, banking, among others, and around 120 business executives.Fischer expressed condolences over the death of eight Chinese peacekeeping police officers in a 7.3-magnitude earthquake in Haiti last week. Their bodies were returned to Beijing Tuesday.Hu called the eight peacekeepers "excellent children of Chinese nation and loyal guards of world peace," and said Chinese people felt grieved about their suffering.Though China and Haiti have not established diplomatic relations, China dispatched an international rescue team to the Caribbean nation and offered emergency reliefs and funds, Hu said."China would work with the international community to support Haiti's relief efforts and post-quake reconstruction," Hu said.Hu appreciated the Austrian government's adherence to the one-China policy and commitment to developing positive ties with China.Looking to the future, Hu proposed both leadership maintain close contacts, governments and legislatures expand communication in a bid to deepen political trust.On the economic front, Hu said both countries should make use of their own advantages and expand cooperation. He encouraged both sides to explore new ways of collaboration and foster new areas of growth."Both sides should increase the contacts between business councils so as to boost the cooperation between small and medium-sized enterprises."He called for joint efforts to stand against trade and investment protectionism and provide a legal guarantee for expanded mutual investment.In response, Fischer said Austria welcomed the visit of Chinese business promotion delegation. He also encouraged both countries to step up aviation cooperation.Hu proposed both countries work more closely in culture, education, tourism, think tank and media, promoting dialogues between different cultures."As next year will mark the 40th anniversary of bilateral diplomatic ties, China would like to work with Austria to prepare celebrations," Hu said.Hu also pledged to cooperate more with Austria on international and regional issues.Fischer said Austria would like to play a positive role in promoting ties between Europe and China.At the end of talks, the two presidents witnessed the signing of five deals in public health, quality quarantine, science and technology, personnel training and Chinese teaching.

LONDON, March 15 (Xinhua) -- U.S. President Barack Obama's pressure on China over its currency's exchange rate is a manifestation of hypocrisy from the West and will not work, a British economist has said."The president is playing with fire... Obama really should tread carefully. At the same time, the United States is now at risk of sparking what could be an all-out trade war," said Liam Halligan in an article carried by this week's Sunday Telegraph.Halligan, chief economist at Prosperity Capital Management, predicted that China will not yield to U.S. pressure on the issue."Beijing will eventually allow the yuan to rise, but in its own time and in order to tackle inflation and not because of U.S. pressure."Chinese inflation is now at 2.7 percent, close to the official 3-percent control target, he noted.Halligan argued that the Chinese yuan may not be under-valued as much as Western politicians have perceived.Although Chinese exports rose by 46 percent in the first two months of 2010, the rise is from a very low base -- with February 2009 being the epicenter of the U.S.-sparked sub-prime storm, he noted.He also pointed out the fact that China's trade surplus dropped by 51 percent in the same period. That means China's gain in exports were out-weighed by an import surge."This hardly suggests the yuan, as (U.S. Treasury Secretary Tim) Geithner claims, is 'way too low'," said Halligan.Geithner said in January that Obama believed China was manipulating its currency.On Obama's latest call for China to adopt a more "market-oriented exchange rate," Halligan said Washington is actually the biggest currency manipulator in the world."The reality is that America's 'weak dollar' policy -- its long-standing practice of allowing its currency to depreciate in order to lower the value of its foreign debts -- amounts to the biggest currency manipulation in human history."Halligan also noted that Washington has for years "shamefully stalled" on various rulings of the World Trade Organization that showed America to be breaching global trade rules."America needs to act smarter and get its own economic house in order. Obama has decided instead to lash out at China in a desperate attempt to placate a U.S. electorate increasingly mindful of their president's failings," said Halligan.The economist said Western politicians' blame game against emerging markets over the current global imbalances reflects their hypocrisy and lack of character."It's always easier to blame someone else for your failings... The Western world's response to this self-made 'credit crunch' has highlighted the hypocrisy of our so-called leaders, their refusal to face reality and, above all, their lack of character," he said."The implication (of statements of Western politicians) is that sub-prime, and the deepest Western recession in generations, wasn't our fault. It was entirely unrelated to widespread financial fraud, political myopia and lax regulation," Halligan scorned.

QINGDAO, Feb. 2 (Xinhua) -- A cold front is worsening the icing situation in the coast off east China's Shandong Province, which has just been temporarily relieved from China's worst sea ice in three decades, officials said Tuesday.North China Sea Branch (NCSB) of the State Oceanic Administration issued a sea ice alert Tuesday, the first since Jan. 27 when temperature climbed and ice started to melt.Ice in the Liaodong Bay and northern Yellow Sea extended 10 and 9 nautical miles respectively to 79 and 26 nautical miles on Tuesday, according to the NCSB.The extension of ice in the Bohai Bay and Laizhou Bay can not be measured due to heavy fog. Ice in the Liaodong Bay is likely to keep on expanding in the coming five days, said Shang Jie, a forecaster with NCSB."Icing in the Liaodong Bay and northern Yellow Sea will expand significantly and that of the other two bays will develop at a slower pace," Shang added.Icing first appeared in early January. Thick ice threatened ship navigation, anchoring and operations at ports, impacted local fishery and stranded some people on islands. NCSB had to issue sea ice alerts everyday between Jan. 12 and 27.

BEIJING, Feb. 25 (Xinhua) -- China's top legislature has decided to put to vote a draft law on mobilization for national defense and a bilateral consular agreement with the Philippines on Friday.The decision was made at a meeting of the chairman and vice chairpersons of the Standing Committee of the 11th National People's Congress (NPC) on Thursday.The meeting was presided over by Chairman Wu Bangguo. Wu Bangguo (C), chairman of the Standing Committee of China's National People's Congress (NPC), presides over the 39th chairman meeting of the Council of the Standing Committee of the 11th National People's Congress, China's top legislature, in Beijing, capital of China, Feb. 25, 2010During the meeting, legislators heard reports on the credentials of certain NPC deputies, the appointment and removal of certain officials, and reports on the revision of the draft law on mobilization for national defense and the revision on the bilateral consular agreement with the Philippines.The NPC Standing Committee's three-day bimonthly session is scheduled to end on Friday.

SHARM EL-SHEIKH, Feb. 14 (Xinhua) -- A senior Syrian official underlined on Sunday the importance of cooperation with China, especially in the fields of agriculture and food security.Talking to Xinhua on the sidelines of a joint Afro-Arab ministerial meeting, Nabi Rasheed, an aide to the Syrian minister of agriculture, said his country pays much attention to cooperation with China on agriculture and food security and looks forward to more joint projects in this regard."Syria and China cooperate with each other in the long term through the exchange of delegations and training programs. A high- level Chinese delegation led by the agriculture minister has visited us recently, when we discussed opportunities and means to boost agricultural cooperation. Syria will also take part in the 2010 Shanghai EXPO," the Syrian official said.Rasheed who headed his country's delegation to the Joint Afro- Arab Ministerial Meeting on Agricultural Development and Food Security which kicked off on Sunday in the Egyptian resort of Sharm el-Sheikh, said the current meeting has attached greater importance due to the drought which haunts many Arab and African countries and the global financial crisis.The recent food crisis caused the prices of many food stuff to ratchet up and the global financial crisis forced many countries to cut funds allocated to agricultural development, said the official."I hope the meeting will lay a concrete foundation stone for cooperation between Arab and African states at this vital stage," he said.The Syrian official added that the meetings aim to establish a common Arab-African strategy on agriculture and food security, pointing out that there is a plan to set up a follow-up, steering and coordination body along with a special fund to support the implementation of decisions to be sanctioned by the ministers.Rasheed added that his country has already taken tangible steps on food security, "Syria has successfully made food security years ago thanks to governmental policies and its support for the agricultural sector.""We have achieved this goal," he said, yet adding his country still faces challenges due to the recent drought which is the worst in 50 years.