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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. 17 (Xinhua) -- China and the United States issued a joint statement Tuesday after President Hu Jintao and President Barack Obama held in-depth, productive and candid discussions on China-US relations and other issues of mutual interest. President Hu to visit U.S. next yearU.S. supports one-China policy, welcomes peaceful development of cross-Straits tiesChina, U.S. to raise cooperation level in science, innovation: joint statementChina, U.S. to further collaborate in health, disease control: joint statementChina, U.S. hope Six Party Talks to resume at early dateChina, U.S. sign joint statement, to enhance security in outer space China, U.S. agree to hold new round of human rights dialogueChina, U.S. vow deeper co-op on counter-terrorismChina, U.S. agree transition to green, low-carbon economy essentialChina, U.S. agree on economic rebalance, pursuit of forward-looking monetary policesChina, U.S. to advance military relations: joint statementChina, U.S. to exchange more studentsChina, U.S. call on Iran to "engage constructively" with P5+1China, U.S. underline commitment to realization of nuke-free world China, U.S. welcome efforts for peace in South AsiaChina, U.S. to work for successful outcome at Copenhagen summit
BEIJING, Nov. 27 (Xinhua) -- Xu Caihou, vice chairman of China's Central Military Commission, met here Friday with the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK). The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Xu Caihou (R), vice chairman of China's Central Military Commission, shakes hands with Om Hajin, head of the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), in Beijing, China, Nov. 27, 2009Xu, who met last week in Beijing with Kim Jong Gak, member of the DPRK National Defense Commission, said the ensemble's visit marked an "important" event for the two sides' military contacts this year. As the two countries celebrated a Friendship Year this year, and saw the 60th anniversary of the establishment of diplomatic ties, Xu said the visit added an emphasis to the whole celebrations for the year. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Among the celebrations, a DPRK's student art troupe visited China in July at the invitation of the Chinese People's Association For Friendship with Foreign Countries Cultural exchanges greatly contributed to the in-depth development of bilateral relations, Xu said. Om Hajin, head of the concerto company, said the DPRK hoped this visit could be conducive to advancing the relationship between the two militaries and countries. Xu Caihou (middle row C), vice chairman of China's Central Military Commission, and members of the People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), pose for a group photo, after the performance given by the concerto company, in Beijing, China, Nov. 27, 2009The traditional bilateral friendship, initiated by the older generation of leaders, was the two peoples' common wealth, Om said. The last visit to China paid by the ensemble was in 1991. Recalling that visit, Om told Xinhua they were excited to be on the once-familiar stage in China. The DPRK people paid great attention to the visit, said Om, adding DPRK attached great importance to developing cultural cooperation with China. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China.Together with over 1,000 Chinese officers and soldiers, Xu watched the performance given by the concerto company Friday evening at the China Grand Theater. The nearly-two-hour show consisted of various forms of performances, such as chorus, solo and tap dancing. The anthem of the Chinese People's Liberation Army and renowned Chinese military songs, particularly prepared by the ensemble, were received by warm applause of the audience. The People's Army Concerto Company of the Democratic People's Republic of Korea (DPRK), performs in Beijing, China, Nov. 27, 2009. The concerto company is here on a nearly-two-week visit, and is scheduled to stage six performances in China. Apart from Beijing, the concerto company will also visit Shenyang Military Area Command in northeastern China, and it is due to wrap up the visit on Dec. 5. DPRK's top leader Kim Jong Il met with Chinese Defense Minister Liang Guanglie in Pyongyang on Wednesday, while Liang said the Chinese government was unshakable in its commitment to consolidate and develop the cooperative relations of the two countries. Chinese Premier Wen Jiabao paid an official goodwill visit to the DPRK from Oct. 4 to Oct. 6.
WASHINGTON, Oct. 22 (Xinhua) -- The military-to-military ties between the United States and China have a vital role to play in the development of an active, cooperative and comprehensive bilateral relationship, Secretary of State Hillary Clinton told retired generals from both countries here on Thursday. In a meeting with participants of an exchange forum between retired generals of the two countries, Clinton said President Barack Obama attaches great importance to the growth of interactions between the two militaries. Exchanges between retired generals of the two militaries, Clinton said, could play an important role in facilitating a healthy development of military-to-military relationship between the United States and China. Kurt Campbell, assistant secretary of state for East Asian and Pacific Affairs, said at a separate meeting with the retired generals that the Obama administration fully supports exchanges of this kind and hopes that such interactions could continue on a regular basis. Through in-depth and extensive dialogues of this kind, Campbell said, the two militaries could increase mutual understanding and trust and promote growth of constructive cooperation between the two sides. Xiong Guangkai, former vice-chief of general staff of the Chinese People's Liberation Army, is heading the Chinese delegation.
SHANGHAI, Nov. 16 (Xinhua) -- President Barack Obama said here Monday that the United States would further expand its youth exchanges with China by dramatically expanding the number of students studying here to 100,000. Obama said during a dialogue with Chinese students in Shanghai Science and Technology Museum Monday afternoon that young people in China and U.S. are the best ambassadors and that cooperation between the countries should go beyond the governments. "These exchanges mark a clear commitment to build ties among our people, as surely as you will help us determine the destiny of21st century," he said. Shanghai was the first leg of Obama's maiden trip to China on Nov. 15-18 since he took office in January. "I believe strongly that cooperation must grow beyond our government. It must be rooted in our people, in the studies we share, in the business we do, in the knowledge that we gain, and even in the sports we play, and these bridges must be built by men and women just like you, and your counterparts in America," Obama told an audience of about 600 university students in Shanghai. "I am absolutely confident that America has no better ambassadors to offer than our young people, for they just like you are filled with talent, energy and optimism about the history that is yet to be written. "So let this be the next step in the steady pursuit of cooperation between our two nations and the world," Obama said. After delivering the opening remarks, Obama took questions from students as well as the Chinese online community, covering a wide range of topics such as Sino-U.S. cooperation, cross-Strait relations and anti-terrorism in the U.S.. The White House website Sunday posted a notice of Obama's meeting with Chinese youth, saying that holding the event in Shanghai was symbolic as the Shanghai Communiqué was announced here and helped pave the way for normalization and the first 30 years of formal diplomatic relations. "If there is one thing we can take from today's dialogue, I hope that it is a commitment to continue this dialogue going forward," Obama said in his speech.