HANOI, Feb. 4 (Xinhua) -- Vietnamese National Assembly Chairman Nguyen Phu Trong said here on Thursday that Vietnam vows to advance friendly ties with China.Trong made the remarks when meeting with Han Qide, vice chairman of China's National People's Congress Standing Committee, and president of the Chinese People's Association for Peace and Disarmament.Trong said Vietnamese and Chinese high-level officials have been committed to developing bilateral comprehensive strategic cooperative partnership.Bilateral relations are developing in a fine manner, with expanding economic and trade relations and active people-to-people exchanges, said Trong.Trong said Vietnam would spare no effort to advance bilateral friendly relations.Han said in the meeting that China and Vietnam have been expanding cooperation in economic and trade, culture, science, education and other fields in recent years.The two countries have seen strengthened cooperation and coordination in international and regional issues, said Han.Han said China and Vietnam have decided to develop comprehensive strategic cooperative partnership, which injected new impetus to bilateral relations.Han said this year marks the 60th anniversary of the establishment of diplomatic ties between the two countries and the Year of Friendship. China would like to take this opportunity to enrich bilateral relations and push forward the bilateral ties to a new level.
WASHINGTON, Feb. 27 (Xinhua) -- China remains the largest foreign holder of U.S. Treasury securities as at the end of December, the U.S. media reported on Saturday.The report quoted the new government data as saying that China held 894.8 billion dollars in Treasury securities at the end of December, more than 755 billion dollars that had been previously estimated.But the new report also showed China trimmed its holdings of U. S. debt by 34.2 billion U.S. dollars in December.The U.S. Treasury reported on Feb. 16 that Japan surpassed China as the largest holder of U.S. Treasury securities in December. But the new estimate said Japan, now back in second place, held 765.7 billion dollars in December.Japan had been the largest holder of U.S. Treasury securities until China gained that distinction in 2008."Purchase of Treasuries by China would reflect only purchases by an entity in China from an entity based in the U.S.," Stone & McCarthy Research Associates said in a recent client note."The Data would not pick up purchases done on behalf of Chinese investors by dealers in the U.K or Hong Kong, for example, nor would it pick up purchases of Treasuries by investors in China from investors based outside of the U.S.," it added.China defended its move to reduce its holdings of U.S. Treasury securities, saying the United States should take steps to promote confidence in U.S. dollar .Last week, when responding to questions on China's sale of U.S. Treasury securities in December, China's Foreign Ministry spokesman Qin Gang said the issue should be viewed from two perspectives.He said on the one hand, China always followed the principle of "ensuring safety, liquidity and good value" in managing its foreign exchange reserve. And when it came to how much and when China buys the bonds, the decision should be made taking into account the market and China's need, so as to realize rational deployment of China's foreign exchange property, he said.And on the other hand, the United States should take concrete steps to beef up the international market's confidence in the U.S. dollar, Qin said.The way to view the issue was similar to doing business, he said.
BEIJING, March 1 (Xinhua) -- Chinese Vice Premier Hui Liangyu Monday urged local authorities to step up efforts to prevent forest and grassland fires as a severe drought put south China on a high fire alert.Authorities should beef up the supervision of fire sources, and respond scientifically to emergencies to curb major fires and casualties, and protect the public and forests and grassland, Hui said at a teleconference held by the State Council, or the Cabinet.A prolonged drought, which started last autumn, has hit southwest, south and parts of north China.According to the State Forestry Administration (SFA), from November to January, China reported 1,945 forest fires, which damaged 5,112 hectares of forests and killed two people.
BEIJING, Feb. 26 (Xinhua) -- China's macroeconomic management would be put to the test both by the domestic and international markets in 2010, said Chairman of National Development and Reform Commission (NDRC) Zhang Ping Friday.The country's fiscal and monetary policies would be tested given the uncertainties of 2010, Zhang said."As to monetary policies, if the bank continues to provide easy loans,inflation may occur. But if the government tightens monetary policies too soon, the economy may relapse into recession." said Li Daokui, director of the Center for China in the World Economy, Tsinghua University.Last year, Chinese banks lent an unprecedented 9.6 trillion yuan (1.4 trillion U.S. dollars), nearly twice as much as 2008, and nearly half of 2009's gross domestic product (GDP).This year, for fear of asset bubbles and bad loans, the banking regulators have begun to put the brakes on bank lending. The People's Bank of China (PBOC), China's central bank, raised the reserve ratio by 0.5 of a percentage point earlier this month, hoping to reduce lending.According to the PBOC, new loans in January totalled 1.39 trillion yuan, down 230 billion yuan year-on-year, and China Banking Regulatory Commission Chairman Liu Mingkang said the Chinese government planned to restrict credit supply to 7.5 trillion yuan (about 1.1 trillion U.S.dollars) in 2010.Too much public investment caused weak private investment and overcapacity in some industries like steel, said Zhang Xiaoqiang, vice chairman of the NDRC."There's uncertainties about economic growth restructuring and fiscal stimulus plans," said Tang Min, vice secretary-general of China Development Research Foundation.The central government allocated about 924.3 billion yuan for public spending last year, 503.8 billion yuan more than the 2008 budget, said Finance Minister Xie Xuren.To face the challenges, fiscal policies would focus on consumption stimulus and development of new economic sectors like new energy industries, said Xie at the Central Economic Work Conference held last month.
BEIJING, Jan. 23 (Xinhua) -- China's Education Ministry has asked school authorities to help students ward off influence of pornography on Internet or mobile WAP sites through educational campaigns.The ministry also encouraged students in primary and secondary schools to report Internet links and mobile WAP sites that contain "negative information", especially obscene content.Local education departments and schools should carry out educational activities tailored to different age groups, guide them to "properly handle cyber world", and enhance their understanding of the negative effect of porn websites, online violence and lewd information, the ministry said in a notice on its website.The move was the ministry's latest effort to echo the government's endeavor to crack down on pornography on Internet websites and mobile WAP sites.The ministries of public security and industry and information technology initiated a campaign in August last year to eradicate lewd contents from the Internet.Students should be taught not to make or spread lewd content online; not to enter profitable Internet cafes; not to access websites with "lewd" content; not to play lewd cyber games, the notice said.They were also advised not to use offensive and obscene languages and be careful in making friends on Internet."Lewd" content includes violence, libel, private and other information that violates standards of public decency.Public distribution of pornography is illegal in China, and the government last year began to stamp out WAP porn links to shield young people from online porn.The Ministry of Education also required schools to make regular examinations on school websites and install filter software to students' computers.Teachers should enhance communication with students and give counseling to those who incline to be obsessed in the cyber world, the notice stressed.The notice also advocates school authorities and parents to join hands in helping children establish good Internet ethics."Parents should not leave students alone to use Internet and spend more time to communicate with them." read the notice.China has more than 338 million Internet users, and more than 60 percent are younger than 30, according to the China Internet Network Information Center.
GUIYANG, Feb. 6 (Xinhua) -- The eight workers who were trapped Friday in a collapsed railway tunnel in southwestern Guizhou Province were rescued Saturday afternoon.Rescuers drilled a shaft leading to the trapped workers and took them out from the tunnel. The eight people are in good health conditions and can walk with the help of the rescuers.They were sent to hospital for medical examinations.The workers were constructing the second line of Liupanshui-Zhanyi section of the Guiyang-Kunming railway when the tunnel collapsed at 1:26 a.m. Friday, said Long Qiufang, secretary-general of the Liupanshui city government. A worker is rescued from the collapsed tunnel at the building site of the second line of Liupanshui-Zhanyi section of the Guiyang-Kunming railway near Liupanshui City in southwest China's Guizhou Province, Feb. 6, 2010.The 639-kilometer railway links Guiyang, capital of Guizhou, with Kunming, capital of southwestern Yunnan Province. It was built in the 1960s and was put into operation in Dec. 1970. A worker is rescued from the collapsed tunnel at the building site of the second line of Liupanshui-Zhanyi section of the Guiyang-Kunming railway near Liupanshui City in southwest China's Guizhou Province, Feb. 6, 2010. Eight workers trapped in a collapsed tunnel along the Guiyang-Kunming railway line were rescued on Saturday
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YAOUNDE, March 24 (Xinhua) -- China's top political advisor Jia Qinglin on Wednesday discussed with Cameroonian President Paul Biya the ways to lift the two country's bilateral relationship to a new height in Yaounde, capital of Cameroon."As developing countries, it is in the fundamental interests of China and Cameroon to seek bilateral friendly cooperation," Jia told Biya in their hour-long talks at the Presidential Palace Wednesday noon.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, was making a three-day official visit to the central African nation. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), receives a medal from Cameroonian President Paul Biya after their meeting in Yaounde, Cameroon, March 24, 2010Jia and Biya reviewed the progress of bilateral relationship since the two countries established diplomatic ties in 1971, particularly the significant improvement after the China-African Cooperation Summit in 2006.To further China-Cameroon relationship, Jia proposed the joint efforts in cementing political foundation, widening economic cooperation, deepening people-to-people exchange and increase coordination on international issues.Biya echoed Jia's proposal, saying his country would like to work more closely with China in those fields.Jia thanked Biya and his government for their efforts to free the Chinese sailors kidnapped in Cameroon early March.On broader China-Africa relationship, Jia said China was committed to implementing the new eight measures introduced by Chinese Premier Wen Jiabao last November in Egypt, which also include debt cancellation, agriculture production, infrastructure, education."China would like to listen to the suggestions of Cameroon and other African countries on carrying out those measures in a bid to generate more benefits for African people at an early time," Jia said.Biya said Africa-China cooperation was characterized by equity, mutual benefit and common development, which had brought substantial benefits to African nations.The president said his country would support China's policy and initiative on Africa.After their meeting, Jia and Biya witnessed the signing of a number of cooperative deals between the two countries.Earlier Wednesday, Jia visited a multifunctional stadium in downtown Yaounde which was financed by China.At the landmark stadium, the largest of its kind in central Africa, Jia watched local people play table tennis and stage the performance of Chinese kungfu.Jia, who arrived in the capital of Cameroon on Tuesday afternoon, held talks with President of National Assembly of Cameroon Cavaye Djibril and delivered a key-note speech on China- Africa relationship.Jia will leave for Namibia on Thursday to continue his 10-day African tour.
BEIJING, Feb. 24 (Xinhua) -- Chinese Vice President Xi Jinping on Wednesday met here with senior executives of Republic of Korea's technology powerhouse Samsung Electronics.The executives included Samsung Electronics' Permanent Consultant Yun Jong Yong and Chief Executive Officer Choi Geesung.Xi praised an exchange program which had yielded positive results, allowing some middle-aged and young students at the Party School of the CPC Central Committee to visit the ROK for inspection purposes.This was a cooperative program attended by the Organization Department of the Communist Party of China (CPC) Central Committee, Party School of the CPC Central Committee and Seoul-based Samsung Electronics, the world's leading electronics and technology company.Chinese Vice President Xi Jinping (2nd R) meets with senior executives of Republic of Korea's technology powerhouse Samsung Electronics in Beijing, China, Feb. 24, 2010. The executives included Samsung Electronics' Permanent Consultant Yun Jong Yong and Chief Executive Officer Choi GeesungXi voiced the hope that the two sides can step up cooperation, enrich and deepen the inspection so as to make new contributions to China-ROK friendly relations.On the broader bilateral relationship, Xi said the two countries witnessed frequent high-level visits, close trade cooperation, active people-to-people exchanges and good communication on international and regional issues."China is satisfied with the relationship and would like to make joint efforts with the ROK to advance our friendship and mutually-beneficial cooperation," Xi said.Trade ties, which have seen robust growth since the two countries forged diplomatic relations in 1992, stood as a key pillar of the China-ROK relationship and generated substantial benefits for both peoples, Xi said.Xi encouraged Samsung Electronics to seize opportunities and expand businesses in China and play a bigger role in pushing bilateral economic cooperation.Yun, who took the helm of Samsung Electronics from 1996 to 2008, said the company's China business was in a good shape and it would continue to pursue its planned investment projects.Yun pledged Samsung Electronics would cooperate with the Chinese side on the exchange program for students at the Party School of the CPC Central Committee.Yun and his delegation will conclude their visit to Beijing on Friday.
BEIJING, Feb. 10 (Xinhua) -- Chinese President Hu Jintao on Wednesday urged the role of non-communist parties and personages in helping achieve the national goal for social and economic development in the new year."We must rely on all Chinese people, including various democratic parties, societies, ethnic groups and people from all walks of life and in different stratums to achieve this year's goal for economic and social development," said Hu at a symposium here Wednesday to mark the Spring Festival, or Chinese Lunar New Year, which falls on Feb. 14 this year.At the event, Hu extended New Year's greetings and best wishes to all people from the non-communists parties and the All-China Federation of Industry and Commerce and those without party affiliations.Chinese President Hu Jintao (3rd R), who is also General Secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission (CMC), speaks during a meeting with representatives of non-communist parties ahead of the Spring Festival in Beijing, capital of China, Feb. 10, 2010Hu expressed appreciation for their hard work last year as they offered valuable suggestions for coping with the financial crisis and maintaining stable and relatively fast economic growth, urging them to continue giving such suggestions.Non-communist parties' leaders at the gathering gave opinions on various issues including the transformation of the economic growth mode, expansion of private investment, development of ethnic regions, compulsory education in rural areas and economic and cultural exchanges between the mainland and Taiwan, among others.The meeting was chaired by Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference.
BEIJING, Jan. 21 (Xinhua) -- China said Thursday it would consider more assistance to quake-hit Haiti and hoped the United Nations could coordinate the post-quake reconstruction."We will continue to make every effort to participate in disaster relief and reconstruction," said Foreign Ministry spokesman Ma Zhaoxu at a regular news briefing.After a 7.3-magnitude earthquake devastated Haiti on Jan.12, China sent a 60-strong search and rescue team to Port-Au-Prince, capital of the Caribbean nation, and the Red Cross Society of China donated 1 million U.S. dollars in emergency aid.China also decided to send emergency humanitarian aid worth 30 million yuan (4.41 million U.S. dollars) to Haiti.Ma said the reconstruction would be arduous and the United Nations should give full play to its advantage by guiding and coordinating aid efforts from all sides."China supports the United Nations playing its due role in time to ensure an early launch of reconstruction," said Ma.Ma said whether China would send peace-keeping troops to Haiti would rest on UN arrangements.The UN Security Council endorsed Tuesday a proposal to send 3,500 more peacekeepers to Haiti to support "the immediate recovery, reconstruction and stability efforts."Eight Chinese peacekeeping police officers were killed in the quake. Four of them were officers of China's 125-member peacekeeping force in Haiti, and the rest were part of a team sent by the Ministry of Public Security to Haiti for peacekeeping consultations.China has sent four extra peace-keeping police officers to Haiti."We hope relevant countries could continue to enhance coordination and make joint efforts to help the Haitian people overcome difficulties and rebuild their homes at an early date," said Ma.