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BERN, Switzerland, Jan. 26 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang met Swiss President Doris Leuthard here on Tuesday and both sides voiced their opposition against trade protectionism amid the ongoing global financial crisis.Li, who arrived in Switzerland on Monday for a four-day visit, said the creation of a free trade area between the two countries is under discussion and serves as a concrete action for both sides to combat trade protectionism."Both sides should push the feasibility study on a free trade area forward, and be well prepared to start negotiations in 2010," Li said.Chinese Vice Premier Li Keqiang(4th L) attends the joint press conference with President of the Swiss Confederation Doris Leuthard(4th R) in Bern, capital of Switzerland, on Jan. 26, 2010. Li Keqiang arrived in Zurich on Monday, kicking off his formal visit to SwitzerlandThe creation of the free trade area is of great significance to bilateral ties and will be conducive to further promotion of bilateral trade and investment cooperation, the Chinese leader said.He noted that the year 2010 marks the 60th anniversary of the establishment of diplomatic ties between the two countries, saying Switzerland was one of the earliest West European countries that recognized the People's Republic of China.Chinese Vice Premier Li Keqiang(R) shakes hands with President of the Swiss Confederation Doris Leuthard before their meeting in Bern, capital of Switzerland, on Jan. 26, 2010. Bilateral ties have been developing in an all-round way since the two sides established diplomatic relations 60 years ago, Li said.He said China attaches great importance to its ties with Switzerland and is ready to join hands with the European country to seek a long-term, healthy and stable development of bilateral ties."We should stick to the principle of sincerity, mutual trust and friendly consultation, and seek common ground while reserving differences, in order to cement the political basis of bilateral ties," Li said.For her part, Leuthard said Switzerland opposes any form of trade protectionism and expects more Chinese companies to invest in the country, as well as more cooperation between the two countries in such fields as technology and finance.Switzerland treats the Switzerland-China ties from a long-term perspective and highly values its cooperation with China, she said.She hoped that both sides could step up efforts on the feasibility study on a free trade area so as to draw a good result to open a new chapter of bilateral economic and trade ties.Leuthard said she will visit China this year and attend the 2010 Shanghai World Expo.The Swiss leader also reaffirmed that her country will firmly stick to the one-China policy.During his stay, Li will also address the annual meeting of the World Economic Forum (WEF) in Davos on Thursday and hold talks with WEF President Klaus Shwab. 

BEIJING, Feb.25 (Xinhua) -- China's energy consumption per 10,000 yuan (about 1464.1 U.S.dollars) of gross domestic product (GDP) dropped 2.2 percent in 2009, China's National Bureau of Statistics (NBS) said here Thursday.Preliminary estimates indicate that the total amount of energy consumption last year stood at 3.1 billion tonnes of standard coal equivalent, up 6.3 percent compared to the 2008 level, according to a report released on the NBS website Thursday.The report did not reveal the exact amount of energy consumed per 10,000 yuan of GDP, but the figure for 2008 was 1.10 tonnes of standard coal, according to a previous NBS report.China's water consumption per 10,000 yuan of GDP totalled 209.3 cubic meters in 2009, down 7.6 percent from a year earlier. Water consumption per 10,000 yuan of industrial output was 116.4 cubic meters in the same period, down 8.2 percent from 2008, said the report.The report also showed that China consumed 3.02 billion tonnes of coal, 380 million tonnes of crude oil, 88.7 billion cubic meters of natural gas and 3,697.3 billion kilowatt hours of electric power in 2009, up 9.2 percent, 7.1 percent, 9.1 percent and 6.2 percent year-on-year, respectively.China has been making efforts to raise energy efficiency by eliminating high energy-consuming equipment and introducing energy-saving technologies, said the previous NBS report.Energy consumption per 10,000 yuan of GDP was down 1.79 percent year-on-year in 2006, 4.04 percent in 2007, and 4.59 percent in 2008, according to NBS.

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BEIJING, Feb. 6 (Xinhua) -- The Chinese Central Government has sent eight inspection working groups to 16 provincial areas nationwide to prevent the melamine-tainted milk powder, which killed at least six in 2008, from being reclaimed illegally in producing milk products.Leftovers of milk powder contaminated by melamine were sealed in 2008 and required to be destroyed, but some might have been used as raw materials for diary products illegally in certain areas, according to local police.Police in Shaanxi Province on Thursday publicized a case on illegal use of leftovers of melamine-tainted milk powder.An initial investigation showed 10 tonnes of tainted milk powder leftovers were sold to a local diary producer Lekang Company in September and October in 2009. Three suspects were arrested.Three suspects from the Shanghai Panda Dairy Company were prosecuted in December 2009 on suspicion of using leftovers of melamine-laced milk powder in milk products. Local police said all the company's products had been recalled and caused no serious harms to the consumers.China's food safety authorities on Feb. 1 launched a 10-day checks for melamine-tainted milk products across the country.However, the string of problems gave another blow to China's efforts to restore confidence in its dairy products.The melamine-laced milk products scandal in 2008 killed at least six infants and sickened 300,000 children across the country.Any illegal practices concerning food safety would be punished severely, an official with the National Food Safety Rectification Office led by Health Minister Chen Zhu said earlier this week.The quality watchdog of Xi'an, capital of Shaanxi Province, has carried out food safety inspection on 73 batches of different brands of milk products and has not found problems.The northeastern Jilin provincial government kicked off a milk product safety check at the end of January."We must do our best to retrieve and destroy milk products that have quality problems. We can't stand a single pack of such milk powder to appear in market," said Zang Zhongsheng, head of the Jilin provincial administration for industry and commerce.There is no accurate figure on the amount of problematic milk powder that has not been destroyed in the 2008 milk products scandal. But in the bankrupt dairy producer Sanlu alone, more than 2,000 tonnes of melamine-tainted baby formula was sealed in 2008.Sanlu, based in Shijiazhuang in Hebei Province, suffered devastating losses and went bankrupt, standing in the spotlight of the melamine-tainted milk products scandal in 2008.How to destruct the melamine-tainted milk powder was still a tough nut to crack for many local authorities and dairy firms, according to industrial insiders.A number of experiments had been conducted to find a way to deal with the melamine-tainted powder in Shijiazhuang, but they all failed, according to a insider who declined be named."If we use the milk powder as fuels, it would cost much more to clean boilers than burning coal; if we use it as ingredients in cement, we could not get qualified products; if we just bury it, we worry someone might dig it out illegally as the volume is huge," the expert said."The milk powder piled like hills and people just don't know what to do," said Zhang Xingkuan, a lawyer who once handle cases on compensation for the scandal victims and frequently visited the dairy firms.It was more difficult to monitor small dairy firms, which were more inclined to use leftovers of tainted milk to cut cost, according to Wang Weimin, secretary-general of Xi'an Dairy Association."They will not do this when milk powder prices are low, but they will do this when milk powder prices soar," he said.To crack down on such practices, the Chinese government had vowed to investigate the case thoroughly and all factories that use prohibited materials in producing dairy products would be shut down with license suspended and punished severely.

BEIJING, March 11 (Xinhua) -- The Bank of China (BOC) plans to issue new Hong Kong-listed H shares, about 20 percent of its current H shares, as soon as possible, said BOC Board Chairman Xiao Gang Thursday.But the BOC had to wait for approvals from shareholders and securities regulators on the mainland and in Hong Kong, Xiao said.The BOC, China's third largest bank by market value, in January declared it would sell no more than 40 billion yuan (5.86 billion U.S. dollars) of bonds convertible to A shares to improve capital adequacy.The BOC currently had no acquisition plans in China or overseas, Xiao said.The biggest credit risks lied in the local governments' financing units and the BOC was tightening loans to these units, he said.

ANKARA, Jan. 27 (Xinhua) -- China and Turkey said Wednesday the two countries look to stronger political trust and closer economic cooperation in future to benefit the people of both countries.Visiting Chinese Foreign Minister Yang Jiechi said China highly values its relationship with Turkey and will continue to handle the relationship from a strategic and long-term perspective during his meeting with Turkish Prime Minister Recep Tayyip Erdogan in Ankara.Erdogan said the Turkish government has the same political will to cement ties with China, noting that Turkey adheres to the one- China policy and acknowledges the government of the People's Republic of China is the only legal government that represents the whole China. Turkish Prime Minister Recep Tayyip Erdogan (L) meets with visiting Chinese Foreign Minister Yang Jiechi in Ankara, Turkey, Jan. 27, 2010The two countries should fully tap the potential of cooperation in trade, investment and infrastructure construction and jointly tackle the impact of the global financial crisis, said the prime minister.Yang expressed China's appreciation for Turkey's stance to uphold the one-China policy and respect for China's sovereignty and territorial integrity.He also extended welcome for Turkey's participation in the World Expo to be held in Shanghai this year.China and Turkey have seen frequent visits by high-level officials in recent years and witnessed their trade surge from more than 1 billion U.S. dollars in 2000 to 12.6 billion U.S. dollars in 2008.Yang arrived in Turkey on Monday for a two-day visit and attended a regional summit on Afghanistan held in Istanbul as a special representative of Chinese President Hu Jintao.  Visiting Chinese Foreign Minister Yang Jiechi (L) shakes hands with his Turkish counterpart Ahmet Davutoglu after a press conference in Istanbul, Turkey, Jan. 27, 2010He held talks with his Turkish counterpart Ahmet Davutoglu in Istanbul on Wednesday and agreed to advance friendly and cooperative relations between the two countries.

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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. 19 (Xinhua) -- Chinese Premier Wen Jiabao Friday bade farewell to renowned educationist Huo Maozheng, who died of illness on Feb. 11 at the age of 88, at the Babaoshan Revolutionary Cemetery in Beijing.State Councilor Liu Yandong joined Premier Wen at the funeral. Vice President Xi Jinping and Vice Premier Li Keqiang previously expressed their condolences.Huo was among China's first group of "100 contemporary educationists," a top honor conferred by the government. She was vice principal of the Beijing No. 2 Experimental Primary School.Chinese Premier Wen Jiabao (R) attends Huo Maozheng's funeral in Beijing, capital of China, Feb. 19, 2010. Wen Jiabao on Friday bade farewell to renowned educationist Huo Maozheng, who died of illness on Feb. 11 at the age of 88, at the Babaoshan Revolutionary Cemetery in Beijing.  She was also member of the Fifth National Committee of the Chinese People's Political Consultative Conference (CPPCC), China's top political advisory body, and member of the standing committees of the sixth, seventh and eighth CPPCC National Committees.Huo graduated in 1943 from the Mathematics and Physics Department of the Beijing Normal University.

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TAIPEI, Feb. 22 (Xinhua) -- Taiwan leader Ma Ying-jeou said Monday that negotiating and signing a wide-ranging economic pact with the Chinese mainland was "absolutely necessary" and "needs to be done quickly."Ma made the remarks here when attending a gathering for Taiwan business people with business on the mainland. The gathering was held to mark Chinese Spring Festival by the island's Straits Exchange Foundation (SEF), an organization authorized to handle cross-Strait issues.The principle idea of the Economic Cooperation Framework Agreement (ECFA) was to "help people do business and raise Taiwan's competitiveness," Ma said in his 35-minutes-long speech. Zheng Lizhong (R), executive vice president of the Chinese mainland's Association for Relations Across the Taiwan Straits (ARATS), shakes hands with Kao Kung-lian, vice chairman and secretary general of Taiwan's Straits Exchange Foundation (SEF), during the first expert discussion in talks on the Economic Cooperation Framework Agreement (ECFA), an economic deal which is expected to boost the cross-Taiwan Straits economic ties, in Beijing, capital of China, Jan. 26, 2010.ECFA is a wide-ranging economic pact to further normalize trade and investment ties across the Taiwan Strait, which Ma hopes to sign with the mainland this year to help fuel Taiwan's economic revival.The Chinese mainland is Taiwan's biggest trade partner, with an annual trade volume exceeding 100 billion U.S. dollars for the last two years.Given the huge amount of trade, a systematic mechanism was needed to solve problems when they arose between the two sides, according to Ma.Signing ECFA would help create 260,000 jobs in Taiwan, Ma said citing a local research institution.He also urged efforts to help the general public to know more about ECFA, especially low-income residents, people who work in small and medium-sized enterprises and those living in central and southern Taiwan.ECFA negotiations have no fixed schedule. The only round of talks so far were held in Beijing on Jan. 26. The proposed agreement mainly includes reducing tariffs, guaranteeing investment and protecting intellectual property.Economic ties between the mainland and Taiwan have warmed in recent years, with direct air and sea transport links and postal services, as well as regular passenger charter flights connecting the island with the mainland.

SEOUL, Feb. 17 (Xinhua) -- South Korea plans to launch a joint research with China and Japan on the feasibility of a free trade agreement (FTA) among the three Northeast Asian countries, South Korea's foreign ministry said Wednesday.According to a report by the ministry, the country, which has been seeking an economic integration of the Northeast Asian region by creating favorable conditions for FTAs, will kick off a joint study with the countries, in which government officials, scholars and business representatives will participate.Along with the trilateral FTA, the country will also continue to push for settling separate bilateral trade agreements with China and Japan, the ministry said in the report.Currently, South Korea has free trade agreements with Chile, Singapore and the European Free Trade Association, as well as a similar pact with the Association of Southeast Asian Nations.Recently reaching a free trade deal with the European Union, the country also wrapped up its free trade talks with India, settling the so-called comprehensive economic partnership agreement (CEPA) in August.With respect to the free trade deal with the United States, signed in June 2007, both countries are waiting for legislative approval.South Korea is also seeking similar trade deals with Australia, Canada, and Mexico.

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