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BEIJING, Jan. 10 (Xinhua) -- China and the United States agreed to avoid misunderstanding in developing military ties amid U.S. Defense Secretary Robert Gates' visit to Beijing to restore impaired high-level military exchanges.In their official talks on Monday, Chinese Defense Minister Liang Guanglie and Gates reached consensus on joint efforts to expand common interests, deepen dialogue and exchanges, and avoid misunderstanding and miscalculation to ensure military ties back on the sound track.They pledged to keep open the channel for exchange mechanism like defense and maritime security consultations between the two militaries."There are many areas where we have mutual interests and can work together, those disagreements are best dealt with through dialogue and discussions with one another," said Gates.Chinese Defense Minister Liang Guanglie (R) shakes hands with the visiting U.S. Secretary of Defense Robert Gates at a welcome ceremony in Beijing, capital of China, Jan. 10, 2011. His visit, which came ahead of Chinese President Hu Jintao's state visit to United States later this month, was one of the scheduled high-level contacts that were postponed after the Pentagon decided to sell a nearly 6.4-billion-U.S.-dollar arms package to Taiwan in January of 2010.While reaching agreements on developing resumed military exchanges, the Chinese defense chief warned that U.S. arms sale to Taiwan "jeopardizes China's core interests.""We do not want to see such things happen again. We do not want U.S. weapon sales to Taiwan to further damage the relationship between China and the United States and the two nations' armed forces," Liang told a press briefing.On a question on the development of China's military power, Liang rejected claims that China's military development is a threat, saying its weapons still lag far behind developed countries."China's military hardware development is to meet its sovereignty and security requirements and targets no other countries and poses no threat to others," said Liang.Chinese Vice President Xi Jinping, while meeting with Gates later on Monday, stressed "reliable political basis" for Sino-U.S. military ties, which have gone through ups and downs in the past years.Xi, also vice chairman of China's Central Military Commission, urged the two militaries to take measures to safeguard the "stable and reliable" political foundation, that is, mutual respect for sovereignty, security and development interests."China-U.S. military relationship, as an important part of bilateral ties, is a sensitive field with more complicated factors," said Xi, hoping military-to-military relations could move forward in a healthy and stable manner.Another Vice chairman of China's Central Military Commission Xu Caihou made a three-point proposal on developing China-U.S. military ties, in his meeting with Gates.Xu called on to respect and accommodate each other's core interest and major concern, to cultivate and increase strategic trust between the two armed forces, and to consolidate and expand common interests for both sides.Calling U.S.-China relations the "most important" bilateral ties in the world, Gates told Xu that his visit achieved "important progress" in building stable military ties between both countries.Gates said his country was expecting President Hu's state visit. Hu is due to meet with Gates on Tuesday."China-U.S. military exchanges plays an irreplaceable role in solving deeper differences between the two countries," said Zhu Feng, an researcher on China-U.S. relations with Peking University.He said the military contacts would greatly help to beef up strategic trust between China and the United States, and also influence public opinion.Gates will visit the command of the Second Artillery Force of the PLA on Wednesday. This is his second China trip since he took office in December 2006.
BEIJING, Dec. 22 (Xinhua) -- China unveiled a new asset-management company that aims to restructure and merge small, uncompetitive state-owned enterprises (SOEs) on Wednesday.The new firm, China Reform Holdings Corporation Ltd., will focus on "reorganizing small-sized SOEs which do not affect national security and are not crucial to the national economy," the State-owned Assets Supervision and Administration Commission (SASAC), the SOE watchdog, said in a statement.The first-phase registered capital of the new company, which is wholly owned by SASAC, is 4.5 billion yuan (681 million U.S. dollars). SASAC has not yet revealed which companies will be involved in the reshuffling.Xie Qihua, former chairman of the Baosteel Group Corporation, China's largest steel maker, has been appointed board chairman of the new company.Liu Dongsheng, an SASAC official, will act as general manager, it said."The launch of the new company marks an important move to optimize the relocation of state economic resources and to give state capital more vitality, control and impact on key sectors," Wang Yong, deputy director of SASAC, said at the launching ceremony.He noted because the assets of the reshuffled companies took up a considerable amount of the entire state assets, the restructuring plays an active role in improving asset quality.According to SASAC' s plan, the company will participate in the share-holding reform of the reshuffled enterprises, and will also invest in emerging industries with strategic importance.Also at the launching ceremony, Wang stressed that the company is an asset management company rather than an investment group, ending rumors that it will become China's second sovereign fund after the China Investment Corporation (CIC).He noted the new company's mission is explorative and challenging, which needs to deal with it in a proactive and cautious way.In order to enhance the state company's efficiency and competitiveness, SASAC cut the number of SOEs under its direct control from 196 to 122 over the last seven years. They are expected to be further consolidated into around 100 by the end of 2010, according to SASAC plans.However, SASAC officials said it remains difficult to meet the target in time."It takes time to meet the goal," said Shao Ning, deputy director of SASAC. He added that the restructuring should take place when the time is right, and should give priority to "quality" and "good results" to ensure stability of the enterprises.In order to help the uncompetitive companies withdraw from the market in a stable manner, SASAC promised to offer support for the employers in those companies.Zhou Fangsheng, an expert on SOE issues, said it is good news for the uncompetitive SOEs to be merged into the new company with their debt relieved.But it is still quite explorative, he added.The new company is the third oversight asset management company by SASAC, besides the China Chengtong Group and the State Development & Investment Corp.Shao Ning told Xinhua that the previous two companies have their own business scope, besides dealing with non-performing assets. But the new company will only focus on asset management.Profits of China' s SOEs rose by 43 percent year on year to hit 1.81 trillion yuan (271.92 billion U.S. dollars) in the first 11 months, according to the figures released by the Ministry of Finance on Dec. 17.However, profits were concentrated in a small number of companies, such as oil producers and refiners, telecom operators and power companies which enjoy monopolies and easy bank loans.Companies in the traditional sectors, such as textiles and light industries, reported meager profits.A stronger presence of the monopolistic SOEs aroused complaints by the nation's private businesses, which had no easy access to bank credit but provided more than 80 percent of the job opportunities in the nation.China's SOEs include SOEs directly controlled by the central government and SOEs supervised by local governments, but excludes state-owned financial enterprises.

BEIJING, Jan. 14 (Xinhua) -- A senior leader of the Communist Party of China (CPC) vowed Friday to enhance bilateral ties with Estonia.Li Changchun, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made this pledge during his meeting with visiting President of the Parliament of the Republic of Estonia Ene Ergma in Beijing.Li praised the recent growth of relations and cooperation between the two nations, saying China values its ties with Estonia and regards the country as an important partner in the Baltic Sea region.China would work to increase the mutual political trust with Estonia, encourage the exchange and communications between the two business communities and strengthen the humanitarian exchange between the two peoples, Li said.Li recalled his visit to Estonia last September and applauded the close contact established between the CPC and the Estonian political parties, expressing his hope that the two sides could step up exchanges and cooperation based on the principles of independence, equality, mutual respect and non-interference in each other's internal affairs.He also briefed the Estonian guests about China's latest economic and social developments.Ergma, who was visiting Beijing at the invitation of Chinese top legislator Wu Bangguo, said Estonia attaches great importance to its relations with China and is expecting to expand cooperation with China in fields such as biology and information technology.The Estonian parliamentary delegation arrived in China on Wednesday. Besides Beijing, the delegation is scheduled to visit the southwestern province of Sichuan and the Hong Kong Special Administrative Region.
BEIJING, Nov. 17 (Xinhua) -- Chinese Vice Premier Li Keqiang and U.S. Secretary of Energy Steven Chu Tuesday called for stronger energy cooperation between the two countries.At a meeting in Beijing, Li said China and the United States had broad agreement and a common interest in maintaining energy security and promoting the development of clean energy.He said the fast growth of China's new energy industry provided great opportunities for foreign companies.Li hoped the two sides would strengthen communication and exchanges, deepen pragmatic cooperation in energy, and expand their clean energy cooperation.Chu said the United States attached importance to energy cooperation with China and would endeavor to promote bilateral programs.He called for joint efforts from the two sides in construction of a clean energy research center, and hoped they would promote joint research and development, and technology innovation.
WUHAN, Nov. 14 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said on Sunday that Sino-Indian relations have global influence as well as strategic significance.Yang made the remarks while meeting with his Indian counterpart, S.M. Krishna, in Wuhan, capital of central China's Hubei Province, during the 10th China-Russia-India foreign ministers' meeting.This year marked the 60th anniversary of the establishment of Sino-Indian diplomatic relations, said Yang.Yang also praised the continuing development of bilateral ties over the past 60 years, featuring frequent high-level exchanges and continuously enhanced bilateral cooperation in all areas.Chinese Foreign Minister Yang Jiechi (R) shakes hands with his Indian counterpart S.M. Krishna before their meeting in Wuhan, capital of central China's Hubei Province, Nov. 14, 2010.On international and regional issues, the two countries' communications and coordination are also becoming closer, said Yang, noting that China attached great importance to the strategic cooperative partnership with India.Further, leaders of China and India have agreed that the world is large enough to accommodate the common development of both China and India, and broad enough for the two countries to improve their cooperation, said Yang.Yang stressed that China was willing to work with India to seriously implement the consensus reached by both leaders, and strengthen bilateral communication, coordination and cooperation to promote the development of bilateral ties in the areas of politics, economics, trade, and culture.For his part, Krishna said India and China were ancient civilizations exerting important influence on the international affairs of this century. India attached great importance to the relationship with China, hoping to enhance high-level exchanges and mutual trust between the two countries with the goal of boosting bilateral relations.Krishna noted that India placed special emphasis on trade cooperation with China, welcoming more Chinese enterprises to invest in the future in Indian manufacturing industry and infrastructure construction.The two ministers also exchanged views on international issues of common concern.It was also noted that bilateral trade has increased, with an annual growth rate of more than 30 percent since 2004.Additionally, statistics released by the Chinese General Administration of Customs showed that the trade volume of the two countries had reached around 45.43 billion U.S. dollars from January to September, up 43.7percent compared with the same period last year.Chinese Foreign Minister Yang Jiechi, Russian Foreign Minister Sergei Lavrov and Indian Minister of External Affairs S.M. Krishna arrived in Wuhan Saturday afternoon for trilateral talks slated for Nov. 14 to 15.On the sidelines of the two-day meeting, Yang will also have separate bilateral talks with his Russian counterpart.During the two-day meeting, the three foreign ministers are scheduled to discuss international and regional issues of common interest aimed at promoting practical cooperation among the three countries.The last round of meetings of this kind was held in India in October 2009.
来源:资阳报