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BEIJING, Feb. 26 (Xinhua) -- The China Banking Regulatory Commission (CBRC), the banking regulator, said Friday it would introduce four measures to facilitate the development of rural financial institutions.The CBRC would improve supervision of rural financial institutions, strengthen risk management, encourage their adopting effective corporate governance model, and evaluate the quality of their services, said Zang Jingfan, the supervision department director of the CBRC.China approved a total of 172 new-type rural financial institutions, including 148 rural banks, 8 lending firms and 16 rural mutual cooperatives by the end of 2009, according to Zang.Outstanding loans by these institutions totaled 18.1 billion yuan, of which 36 percent went to farmers and more than 50 percent to small businesses, he said.The government has been trying to boost lending to farmers and companies in the countryside, and the CBRC announced last year a plan to set up 1,293 rural financial institutions by 2011 to boost rural development.

BEIJING, Feb. 25 (Xinhua) -- 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 .Foreign Ministry spokesman Qin Gang made the comment Thursday when responding to questions on China's sale of U.S. Treasury securities last December.Qin 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.China trimmed its holdings of U.S. debt by 34.2 billion U.S. dollars in December 2009, leaving Japan the largest holder of U.S. Treasury securities, the U.S. Treasury Department reported on Feb. 16.As of the end of November last year, China held 789.6 billion U.S. dollars of U.S. Treasury bonds.

BEIJING, Jan. 30 (Xinhua) -- China on Saturday decided to suspend scheduled visits between the Chinese and U.S. armed forces, in response to Washington's plan to sell a package of arms worth about 6.4 billion U.S. dollars to Taiwan. "We made the decision out of considerations on the severe harm of the U.S. arms sales to Taiwan," said Defense Ministry spokesman Huang Xueping in a statement.The U.S. government on Friday announced the plans to sell a package of arms to Taiwan, which include Patriot missiles, Black Hawk helicopters and minesweepers. China immediately expressed strong indignation about the sale after the U.S. government notified the U.S. Congress of the plans.Qian Lihua, director of the Defense Ministry's Foreign Affairs Office, on Saturday summoned the defense attache of the U.S. Embassy in Beijing to lodge a stern protest."The Chinese military expresses grave indignation and strongly condemns such a move to grossly interfere into China's internal affairs and harm China's national security interests," Qian said in a press release of the office.Taiwan issue is related to China's sovereignty and territorial integrity, and concerns China's core interests."The U.S. arms sales to Taiwan gravely violates the three joint communiques between China and the United States, and seriously endangers China's national security and harms China's reunification course," Qian said.The U.S. such move also constitutes severe violation of the agreements reached by the top leaders of both sides on the China-U.S. relations in the new situation, he said.It runs counter to the principles of the joint statement issued during U.S. President Barack Obama's visit to China in November last year, said Qian.The U.S. plan will definitely bring about serious negative impact on the relations between the two countries and militaries, and will to the end severely undermine the interests of the United States itself, he noted.The United States have reiterated in many occasions that it will adhere to the one-China policy, abide by the three joint communiques and support the peaceful development of relations across the Taiwan Straits."However, the United States now takes faithless action to sell arms to Taiwan again," Qian said such plans severely poison the political foundation of the relations between the two militaries, and produce grave obstacles to military exchanges between the two sides.Qian urged the United States to respect China's core interests and concerns, take practical actions to abide by its solemn commitments on Taiwan issue, withdraw its arms sales items to Taiwan, and stop military links with Taiwan, in order not to create further damage to the relations between the two countries and the two militaries and to the peace and stability across the Taiwan Straits."We reserve the right of taking further actions," he noted.According to Huang, the spokesman, "such a move is gravely against especially the 'Aug. 17' communique signed in 1982."The U.S. side states in the Communique that "it does not seek to carry out a long-term policy of arms sales to Taiwan" and "intends to reduce gradually its sales of arms to Taiwan, leading over a period of time to a final resolution.""We will never give in or compromise in this issue," the statement quoted Huang as saying, noting that the Chinese military will firmly fight against any move to destroy China's national sovereignty security and territorial integrity.

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SHANGHAI, March 12 (Xinhua) -- Shanghai General Motors (SGM) is contacting the owners of 2,065 Captive jeeps to recall the vehicles for repair due to risk of steering malfunction, the company said on Friday.The defected vehicles were manufactured by GM Daewoo Auto in the Republic of Korea between Sept. 18, 2007 and Dec. 31, 2008, said a spokesman with SGM.China's General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ) released a bulletin on Friday, approving SGM's application for the recall.SGM had received no customer reports on the defect, the spokesman said.GAQSIQ has stopped the importation of GM Daewoo Auto's Captive jeeps, according to the bulletin.

BEIJING, Feb. 7 (Xinhua) -- Chinese Premier Wen Jiabao has held five meetings over the past month to seek opinions and suggestions on a draft featuring guidelines of an education reform plan of China for the next decade.The document, entitled "State guidelines for middle- and long-term educational reform and development plan", is intended to chart the course for education development in China before 2020.The country began working on the document in late August 2008, and a leading group with Premier Wen in charge, was set up to be responsible for the drafting efforts. Chinese Preimer Wen Jiabao presides over a meeting on education in Beijing Feb. 4, 2010. The Premier presided over five meetings from Jan. 11 to Feb. 6 to solicit opinions from representatives from all walks of life on a plan of education reform and development that the Chinese government is formulatingAmong Wen's guests invited to Zhongnanhai in Beijing for the meetings were education experts, teachers, parents, students, and education administrative officials.The invitees aired advice and suggestions on reforming the management system of colleges, improving quality of vocational education, reducing children's study loads, and loosening limitations on the education of migrant workers' children in cities at the meetings held from Jan. 11 to Feb. 6.Wen said the reform plan must stick to principles including emancipation of the mind from shackles of traditional concepts and system to realize scientific development in education, letting teaching faculty, instead of the administrative staff, play a leading role in schools, and advancing an equal distribution of educational resources.Apart from the five meetings, other forms, such as opening a designated e-mail box, organizing Internet forums, and launching a special column with the website of the Ministry of Education have also been tried to solicit opinions and suggestions for drafting of the document.After the fifth round of opinion soliciting on Saturday, the document would be made public so that more people in the country would participate in the consultation and extra advice be heard before the document could be revised and improved, said Wen.    Chinese Preimer Wen Jiabao (2nd L) talks to representatives during a meeting on education in Beijing Feb. 5, 2010. The Premier presided over five meetings from Jan. 11 to Feb. 6 to solicit opinions from representatives from all walks of life on a plan of education reform and development that the Chinese government is formulating.

BEIJING, Feb. 5 (Xinhua) -- Top Chinese legislator Wu Bangguo on Friday met respectively with Chilean Senate President Jovino Novoa and Russia's Presidential Representative to the Far Eastern Federal District Viktor Ishayev.In a meeting with Novoa, Wu reviewed the four-decade bilateral ties since China and Chile established diplomatic ties in December 1970.As the first South American nation to forge diplomatic relations with China, Chile was also the first Latin American country to recognize China's market status and sign free trade agreement."China would like to work with Chile to maintain high-level contacts, expand trade cooperation and enrich people exchanges so as to advance our all-round partnership," Wu said. Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress (NPC), meets with visiting president of the Senate of Chile Jovino Novoa Vazquez in Beijing, capital of China, Feb. 5, 2010.Wu, chairman of the Standing Committee of the National People's Congress(NPC), China's top legislature, pinned high hopes on bilateral legislative ties, calling for enhanced exchanges and cooperation by making use of the effective political dialogue mechanism.Novoa, who was leading a parliamentary delegation for a week-long visit in China, said Chile would never change its course of developing good relations with China no matter what happened in Chile's political landscape.Novoa said the National Congress of Chile would like to work with NPC to boost bilateral relations. Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress (NPC), meets with visiting Russia's presidential representative to the Far Eastern Federal District Victor Ivanovich Ishaev in Beijing, capital of China, Feb. 5, 2010.In another meeting with Ishayev, Wu underlined the importance of China-Russia relation and called for deeper political trust and stronger strategic coordination.Wu said cooperation between different areas of the two countries accounted for an important position in China-Russia relationship and enjoyed a solid foundation for cooperation.Wu called on both countries to take effective measures to implement the cooperation programs the two sides had agreed and promote cross-border infrastructure and transportation cooperation.Ishayev, who became Russia's Presidential Representative to the Far Eastern Federal District last year, said the Russian government paid much attention to the Far East area, which offered new opportunities for collaboration with China.He proposed enhancing cooperation in the fields of infrastructure, energy exploration and forestry processing, among others, to push for comprehensive exchanges and cooperation between neighboring regions of the two countries and realization of win-win situation.Ishayev, who arrived in Beijing Friday, will meet with heads of departments of energy, transportation and commerce during his stay till next Wednesday.

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BEIJING, Feb. 9 (Xinhua) -- A senior official with the Communist Party of China (CPC), Zhou Yongkang, proposed stronger law-enforcement cooperation between China and Nepal, according to a statement of the Ministry of Public Security Tuesday.Zhou, a Standing Committee member of the Political Bureau of the CPC Central Committee, made the remark during a meeting with visiting Nepali Minister for Home Affairs Bhim Bahadur Rawal in the Great Hall of the People in Beijing Monday.China attaches great importance to China-Nepal law-enforcement cooperation and expects the two countries to deepen pragmatic cooperation and safeguard and promote the regional peace and stability, said Zhou, who is also secretary of the Political and Legislative Affairs Committee of the CPC Central Committee. Zhou Yongkang (R), a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with Nepalese Minister of Home Affairs Bhim Bahadur Rawal in Beijing, capital of China, Feb. 8, 2010China appreciates Nepal's firm adherence to the one-China policy and its prevention of anti-China forces from carrying out separatist activities on its territory, Zhou added.China is willing to further strengthen communication, coordination and cooperation on the Tibet issue with Nepal, he said.Rawal said Nepal, which brooks no anti-China separatist forces undermining its friendly relations with China, would like to boost law-enforcement cooperation with China and jointly crack down on crimes on their border areas.China's Public Security Minister Meng Jianzhu also held talks with Rawal Monday after the latter's meeting with Zhou.Meng said China's Ministry of Public Security is ready to work with the Nepali Ministry of Home Affairs to implement the consensus reached by their state leaders to enhance bilateral exchanges and cooperation.Based on the principle of considering the overall situation and looking to the future, Meng expects continuous and healthy development in China-Nepal relations.Rawal echoed Meng sentiments, reiterating Nepal's willingness to further cooperate with China in law-enforcement.At the invitation of Meng, Rawal is visiting China from Feb.6-12.

BEIJING, March 16 (Xinhua) -- China and Britain Tuesday inaugurated their first higher-level strategic dialogue during British Foreign Secretary David Miliband's visit to China.Chinese State Councilor Dai Bingguo and Miliband co-chaired the dialogue, which was held at vice foreign minister level in the past."Elevating the strategic dialogue mechanism is a meaningful event," Dai said at the start of the talks, noting that the mechanism was an important channel for the two nations to make in-depth communication.Dai hoped the two sides would make use of the mechanism to have candid discussion on strategic issues in bilateral and international relations. Chinese State Councilor Dai Bingguo (2nd, R) meets with British Foreign Secretary David Miliband (2nd, L) in Beijing, capital of China, March 16, 2010. Dai Bingguo and Miliband held the strategic dialogue here on Tuesday"This will help us to increase mutual trust and respect, and to promote the stable and healthy growth of China-Britain ties," Dai said.Miliband said the dialogue between the two nations "had always been strategic," and he was vary glad to see the elevation of the dialogue mechanism.Miliband agreed with Dai that major countries should respect each other and enhance cooperation to shoulder common responsibilities.Expressing appreciation for China's achievements in economic growth, Miliband said Britain welcomed China's contributions to the world economy.Miliband hoped the two nations would increase cooperation in tackling climate change and in economic and security sectors.Britain would work with China, on the basis of mutual respect, to push forward the bilateral strategic and cooperative partnership, he said.Miliband is visiting China from March 14 to 17 as a guest of his Chinese counterpart, Yang Jiechi.During talks between the two foreign ministers earlier Tuesday, Yang said China-British relations were developing well, and lifting the level of the bilateral strategic dialogue would further promote bilateral relations."We are willing to work with Britain to further promote our comprehensive strategic partnership," Yang said.He hoped the two nations would enhance communication and strengthen mutual understanding and mutual trust.Yang also suggested the two nations address the financial crisis as an opportunity to actively explore cooperation in financial services, clean energy, renewable energy, energy saving and environmental protection, and to further expand investment and trade links.Yang said the two countries should respect each other's core concerns, including those related to sovereignty and territorial integrity.China and Britain should work together, in line with the principles of mutual respect and equality, to correctly view and properly handle differences, Yang said.

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JAKARTA, Jan. 23 (Xinhua) -- China's State Councilor Dai Bingguo met with Surin Pitsuwan, secretary-general of the Association of South East Asian Nations (ASEAN) here on Friday.Dai highly appreciated the achievement of ASEAN in terms of ASEAN Community construction and its integration development. He said that China as a strategic partner supported the development of ASEAN and was willing to see it show more influence in international affairs.He said that the relationship between China and ASEAN had gone steadily, and the two sides had achieved plenty fruits in their cooperation. "As the China-ASEAN free trade zone went into operation on Jan. 1, the two sides saw their economic and trading cooperation entering into a comprehensive and deepening development stage, which provides more benefits to their people," said the visiting State Councilor.Dai added that the cooperation between China and ASEAN follows the development trend and people's wishes, and it would improve the peace and development of Asia-Pacific region, while the economic globalization and regional integration were being accelerated.He said China had attached great importance to its relationship with ASEAN. According to him, Chinese Premier Wen Jiabao declared a series of important initiatives on further strengthening China- ASEAN cooperation at the recent China-ASEAN summit. China is willing to join hands with ASEAN nations to fulfill these initiatives, expand and deepen communication and cooperation with them, share the opportunity, face the challenges, achieve win-win, and create a brighter future for the China-ASEAN strategic partnership, and contribute to the common development and prosperity of Asia.Dai also said that China as a member of East Asia family always proposed and supported East Asia cooperation. With a diversification, East Asia has many cooperation system existed. China advocates opening up and make each system to support and improve others with its own advantages. China welcomes countries outside East Asia to make efforts for the peace and development, with the cooperation between ASEAN and China, Japan and South Korea as a main channel and ASEAN working steadily as a guiding force.Surin said that the ASEAN-China relationship developed fast with many active, innovative and prominent achievements. According to him, China acted positively against the international financial crisis with a responsible attitude, which contributes significantly to the stability and recovery of Asia and world's economy.He added that the ASEAN nations appreciated the support and assistance from China, and was believing they could benefit from China's Development.The secretary-general said that ASEAN expected to join hands with China in the development of ASEAN-China free trade zone, enhance cooperation in more areas, realize mutual benefit and win- win, and improve the stability and prosperity in this Region. "We are confident about the future of ASEAN-China free trade zone," said Surin.

TAIPEI, Feb. 19 (Xinhua) -- General Secretary of the Communist Party of China Central Committee Hu Jintao's talk to Taiwan business people during his Spring Festival visit in Fujian Province delivered goodwill to Taiwan, media and scholars on the island said.Leading newspapers in Taiwan including the China Times and the United Daily News followed the developments of Hu's four-day inspection tour in Fujian, which faces Taiwan.Hu ended his tour on Feb. 15 after visiting Zhangzhou, Longyan and Xiamen and celebrated the Spring Festival, or the Lunar New Year, with local residents and Taiwan compatriots living in Fujian.Hu told Taiwan business people the mainland would try its best in everything that would benefit Taiwan compatriots, and "we will honor our words."Chinese President Hu Jintao (2nd L), who is also general secretary of the Central Committee of the Communist Party of China (CPC), talks with a businessman (1st L) from China's Taiwan Province, at the Zhangpu Pioneer Park of Taiwan farmers in Zhangzhou, east China's Fujian Province, Feb. 12, 2010He also said the negotiation on the Economic Cooperation Framework Agreement between the mainland and Taiwan would "put into full consideration the interests of Taiwan compatriots, especially those of farmers."The China Times carried a commentary saying the message conveyed in Hu's speech to Taiwan business people was worth careful reading by Taiwan authorities.The online edition of the Central Daily News also released a commentary headlined "Hu Jintao celebrates Spring Festival in Fujian, delivers goodwill to Taiwan people."Hsu Wun-Pin, a renowned lawyer in Taiwan, said Hu's visit highlighted the role of culture and kinship in cross-Strait relations.Hsu's ancestors lived in Tong'an, now a district of the coastal city of Xiamen.Tamkang University prof. Chang Wu-yueh said Hu's choice of visiting Taiwan businessmen in cities that saw thriving cross-Strait exchanges during the most important traditional festival of the Chinese nation clearly displayed the mainland's high expectations of cross-Strait relations.