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BRUSSELS, Oct. 5 (Xinhua) -- Chinese Premier Wen Jiabao urged Tuesday the European Union (EU) to objectively and fairly treat the RMB exchange rate issue as that would benefit the EU, China, and the world economy.Wen made the remarks while meeting the Euro Group troika, including Euro Group President and Luxembourg Prime Minister Jean-Claude Juncker, European Central Bank President Jean-Claude Trichet and EU Economic and Monetary Affairs Commissioner Olli Rehn.The meeting took place on the sidelines of the two-day eighth Asia-Europe Meeting (ASEM) Summit in Brussels as China is under external pressure to appreciate its currency.Wen said China would further reform its formation mechanism of the yuan exchange rate to increase the currency's flexibility.China's central bank has announced on June 19 a series of steps of reforms. The Chinese currency has so far strengthened by about 2 percent against the U.S. dollar.China would also continue to expand import from the EU and strive to balance the trade, said Wen, adding that China was committed to transforming its economic development pattern, restructuring the economy and increasing domestic demands.Wen called on both sides to develop healthy ties from a strategic perspective as the EU has become China's largest trading partner while China stands as the EU's important exporting market.As the world economy was gradually recovering with uncertainties still hovering high, China and the EU should work together to combat the international financial crisis, Wen added.The Euro Group leaders appreciated China's support for the euro and the euro zone, saying the EU and China were good partners and enjoy extensive common interests.They also said the EU rejected both trade protectionism and currency war, and agreed differences and problems should be solved by dialogues.In a speech to the Greek parliament on Monday, Premier Wen said China supported a stable euro and would not reduce its euro-bond holdings.The three Euro Group leaders also held talks with China's Finance Minister Xie Xuren and central bank governor Zhou Xiaochuan here on Monday. Wen said the talks were "detailed and friendly".

BEIJING, Sept. 18 (Xinhua) -- Chinese Vice Premier Li Keqiang has urged stepping up government-subsidized rental housing construction for low-income residents.Li made the remarks while attending a conference on gov't-subsidized housing projects in Beijing on Friday.According to the conference, China plans to construct 3 million low-cost rental housing units, transform 2.8 million units of shanty towns, and renovate 1.2 million dilapidated rural houses this year.Chinese Vice Premier Li Keqiang (C) attends a symposium on affordable housing construction in Beijing, capital of China, Sept. 17, 2010.The task for this year is the most ambitious in recent years, Li said, urging various localities to adopt more vigorous measures to ensure the targets are met.Li also urged unswervingly sticking to the regulation and control measures in the real estate market to curb speculation and promote the smooth and healthy development of the sector.

BEIJING, Aug. 30 (Xinhua) -- China and the United States Monday underscored their close economic relationship and called for its healthy growth."China and the United States share very close economic ties," Chinese Vice Premier Wang Qishan told a U.S. delegation led by two Missouri senators - Christopher Bond and Claire McCaskill.Wang said bilateral cooperation in trade, economy, investment and finance generate substantial benefits for both peoples."Both sides should work together to create a sound environment for a positive, cooperative and comprehensive China-U.S. relationship in the 21st century," Wang said.Bond and McCaskill echoed Wang's comments, calling on the two countries to oppose trade protectionism.On global economy, Wang said the recovery of the global economy would be bumpy."All countries are confronted with the common challenge of seeking robust, sustainable and balanced economic growth."Wang also said the Chinese government would "make efforts to strike a balance between maintaining steady and fast economic growth with the restructuring of the economy and the curbing of inflation."The two senators are leading a delegation of nearly 20 leaders from a variety of Missouri businesses, trade unions and universities.During their stay in Beijing, the delegation will meet with officials from the commerce, foreign affairs, civil aviation and agriculture departments.They will also travel to Shanghai on east China's seaboard, where they will call on local officials and tour the ongoing World Expo.

BEIJING, Oct. 25 (Xinhua) -- China's Ministry of Commerce (MOC) said on Monday it would levy provisional anti-dumping duties of up to 37.5 percent on methanol imported from Indonesia, Malaysia and New Zealand.After a preliminary investigation, the MOC found the three countries had dumped methanol onto the market, causing material damage to Chinese manufacturers.The MOC has imposed provisional anti-dumping duties ranging between 9.3 percent and 37.5 percent effective Oct. 28, according to a news release on its website.The MOC also concluded its investigation into imports from Saudi Arabia, though no evidence of dumping was found.Methanol, also known as methyl alcohol, is used as a basic material to produce chemical products such as plastics, paint, construction materials and windshield cleaning fluid.

BEIJING, Nov. 2 (Xinhua) -- China on Tuesday called on Japan to make substantial efforts to create appropriate conditions for improvement of bilateral ties ahead of the Asia-Pacific Economic Cooperation (APEC) summit in Yokohama.At a routine news briefing, Foreign Ministry spokesman Hong Lei confirmed that Chinese Premier Wen Jiabao exchanged greetings with Japanese Prime Minister Naoto Kan prior to the start of the East Asian Summit last Saturday.Hong said China attached great importance to developing ties with Japan.Developing China-Japan strategic and mutually beneficial relations was in the fundamental interests of both nations and their people, Hong said.China stands for resolving the problems between the two countries through dialogue and consultation on the basis of the principles of the four political documents, he said, adding China's position in this regard remained unchanged.The four political documents, namely the China-Japan joint statement on comprehensively advancing strategic and reciprocal relations, the Sino-Japanese Joint Statement, the China-Japan Treaty of Peace and Friendship and the Sino-Japanese Joint Declaration, serve as the bedrock for developing friendly and cooperative relations between the two countries.In reply to a question on the sovereignty of the Diaoyu Islands, Hong reaffirmed that the Diaoyu Islands and its adjacent islets have been an integral part of the Chinese territory since ancient times.China-Japan relations have been strained since a collision between two Japanese Coast Guard patrol ships and a Chinese trawler on Sept. 7 in waters off the Diaoyu Islands in the East China Sea.The Japanese Coast Guard seized the trawler and detained the fishermen and the captain on Sept. 8.China, which claims sovereignty over the Diaoyu Islands, has maintained the seizure and detention were illegal.