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BEIJING, April 10 (Xinhua) -- China unveiled Friday an investment guide book to help domestic firms make foreign investments.     The first batch of the guide book released Friday by the Ministry of Commerce covers 20 countries, such as Pakistan, Thailand, Malaysia and Japan.     The guide book includes investment laws and regulations of the 20 countries and statistics about individual countries among other useful information such as advice on problems that firms may encounter.     The ministry said it would unveil more of the guide book to cover as many as 160 countries and regions by the end of June, and it would update the guideline.     "It can be a good time now for Chinese firms to invest overseas," said Li Ruogu, president of the Export-Import Bank of China (China Exim), "as banks have been instructed to support overseas mergers and acquisitions of Chinese firms."     He said Chinese firms should increase their investment in developing countries such as Mongolia and those in Africa, Southeast Asia and Latin America.     Li said such investment could be mutually beneficial for China and investment-receiving countries.     He said investment-receiving countries could expect a boost to the economy with the combination of China's capital and local resources.     Large overseas investment and aid programs of Chinese firms may also boost imports from China and create more employment for Chinese labor, therefore contribute to China's economic growth as well, he added.     He argued that such investment of domestic firms could be supplementary to the country's other plans to stimulate the economy.     China announced a four-trillion-yuan stimulus package aimed at expanding domestic consumption after the financial crisis slashed overseas demand, in a bid to shift its heavy reliance on exports.     Keen to contain the falling exports, the government had also taken various measures, including raising export rebates six times since August last year, to save the failing sector. Figures released Friday showed China's exports continued to fall in March, for the fifth month in a row, but at a slower pace.     Li said encouraging domestic firms to invest overseas could be another option, when the financial crisis is yet to bottom out and it will take some time before domestic demand could take off.     "It's definitely the right choice to rely more on domestic consumption for growth in a country with a 1.3 billion population, which has great market potential," he said, adding that heavy reliance would be unsustainable.     The World Trade Organization has predicted a 9-percent decline in global trade this year, the sharpest drop since World War II.     "But there is a long way to go before domestic consumption will be able to fuel economic growth."     "The country's overall purchasing capacity is not powerful enough yet," he said. China's per capita income of urban residents stood at 15,781 yuan (2,321 U.S. dollars) in 2008, with that of the rural population at 4,761 yuan.

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ISLAMABAD, April 18 (Xinhua) -- A 100-member-strong youth delegation of Pakistan is to leave for China on Sunday on a week-long visit as a program of boosting exchanges between the two friendly countries.     "The youths from all walks of life of Pakistan will have the chance to look at China and know more about China," said Charge d'Affairs Yao Jing of Chinese Embassy in Pakistan told youth delegation at a reception.     Chinese President Hu Jintao invited 500 young people from Pakistan to visit China within five years when he paid a state visit to Pakistan in November, 2006. The program was launched in 2007.     The program is aimed at "increasing mutual understanding" between the two countries and peoples, said Yao.     Ullah Saif Shervani, secretary of Pakistani Ministry of Youth Affairs, expressed the hope that the delegation members could take the opportunity to learn from "friendly China" and help enhance "time-tested friendship" between the two countries.     "I appreciate the Chinese government for the chance to visit," said Adil Taj, an university student in Islamabad. "We will work hard to make our own contribution to Pakistan-China friendship."     The youth delegation is scheduled to visit Beijing, Urumqi and Lanzhou from April 19 to 27.

TIANJIN, Feb. 16 (Xinhua) -- Chinese Premier Wen Jiabao went on a morale boosting tour in the northern port municipality of Tianjin, an industrial hub near Beijing, Sunday and Monday.     Wen talked with textile workers, steel makers, tire manufacturers and students during the tour to see how the city is weathering the global financial crisis. Chinese Premier Wen Jiabao (L Front) talks with workers as he visits an iron and steel factory in Tianjin, north China, Feb. 15, 2009. Premier Wen made an inspection tour in Tianjin on Feb. 15-16At the Tianjin Tianfang Investment Holding Co., a textile firm, company chairman Liu Baogen told Wen January sales increased 0.3 percent year on year and orders have been secured till March.     Wen said the textile industry is a pillar of China's economy. He offered three suggestions to the sector: Adjust the product structure according to domestic and overseas demand; increase corporate competitiveness by lifting product quality and reducing costs; explore sales in both the domestic and overseas markets. Chinese Premier Wen Jiabao (L) shakes hands with a student as he visits Nankai University in Tianjin, north China, Feb. 15, 2009. Premier Wen made an inspection tour in Tianjin on Feb. 15-16.The Premier also visited a watch maker, an auto molding company, the construction site of an ethylene and refinery project and an animation technology firm.     Wen told employees to explore the market and look for new opportunities against the ongoing global financial crisis.     He also went to see students at Nankai University, the most reputed college in Tianjin. He reassured them government agencies would do their best to find them jobs.

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WASHINGTON, March 12 (Xinhua) -- Visiting Chinese Foreign Minister Yang Jiechi on Thursday proposed some major guidelines for China and the United States to promote sound and steady growth of bilateral relations in the new era. Speaking at a luncheon meeting at the Center for Strategic and International Studies (CSIS), Yang expressed satisfaction that the two countries have worked together and ensured a smooth transition of bilateral relations in the past 50 days since the new U.S. administration took office.     The two sides have established good working relations at the top level and between various government departments and maintained close consultation and coordination in bilateral and multilateral areas, he said. Chinese Foreign Minister Yang Jiechi delivers a speech at the center for strategic & international studies (CSIS) in Washington, the United States of America on March 12, 2009.    "A good beginning is half the success," Yang said, noting that this good start has laid the groundwork for the further growth of China-U.S. relations.     "We should now set our sight on the longer term and draw up a good blueprint for China-U.S. relations in the coming years. We should make concerted efforts and promote sound and steady growth of our relations," he said.     To do this, the minister proposed some guidelines which he believed could help advance China-U.S. relations in the coming years.     First, he said, both sides should adopt a strategic and long-term perspective and keep the relations on the right track.     China and the United States now have more common interests and a broader foundation of cooperation on a series of major and pressing issues facing today's world, according to the minister. The strategic significance and global influence of China-U.S. relations have further increased and their relations in the new era should be broader and deeper.     The minister believed that the two countries should work together in an all-around way to raise bilateral relations to a new and much higher level of cooperation in the 21st century on the basis of mutual respect, seeking common ground while shelving differences and cooperation for win-win results.     Second, Minister Yang said, both sides should maintain close dialogue and exchanges at the top and other levels and cement the political foundation of the relations.     Over the years, he said, close communication and frequent exchanges between the two countries "have given a strong boost to the sustained, sound and steady growth of our relations."     He hoped that both sides will work together and launch proposed "China-U.S. Strategic and Economic Dialogues" mechanism at an early date so that through continued discussions on strategic, overarching and long-term issues of mutual interest, they will further enhance mutual trust and cooperation.     Third, according to the minister, both sides should expand mutually-beneficial cooperation and inject fresh impetus into the relations. U.S. President Barack Obama (R) meets with Chinese Foreign Minister Yang Jiechi at the White House, Washington, the United States, on March 12, 2009The priority for China and the United States at the moment, Yang said, is to tackle the international financial crisis through intensified cooperation and work together to maintain and promote world financial and economic stability.     He said China and the United States share important common interests with respect to climate change, energy and the environment and have broader prospects to cooperate in such fields as counter-terrorism, nonproliferation, military-to-military relations, science and technology, culture and health.     The fourth guideline, he believed, is that both sides should respect and accommodate each other's core interests and make every effort to minimize potential disruption and damage to the relations.     The minister urged the U.S. side to handle Taiwan-related issues prudently and properly and respect the Chinese people's position of upholding state sovereignty and territorial integrity on equal sensitive issues related to Tibet.     For the fifth, Minister Yang said that both sides should promote dialogue and exchanges between people of the two countries and build stronger public support for the relations.     "We will not forget that the ice in China-U.S. relations began to thaw with the mutual visits of our pingpong teams," he said.     "The tremendous progress made in our relations over the last 30years would not have been possible without the active involvement and support of people from all walks of life in both countries," he added.     "It is of particular importance to look ahead to the future and vigorously promote and support exchanges and cooperation between the young people, so that the cause of China-U.S. friendship will endure and prosper further, the minister stressed. Yang is here on a five-day working visit as a guest of U.S. Secretary of State Hillary Clinton.

TIANJIN, Feb. 16 (Xinhua) -- Chinese Premier Wen Jiabao went on a morale boosting tour in the northern port municipality of Tianjin, an industrial hub near Beijing, Sunday and Monday.     Wen talked with textile workers, steel makers, tire manufacturers and students during the tour to see how the city is weathering the global financial crisis. Chinese Premier Wen Jiabao (L Front) talks with workers as he visits an iron and steel factory in Tianjin, north China, Feb. 15, 2009. Premier Wen made an inspection tour in Tianjin on Feb. 15-16At the Tianjin Tianfang Investment Holding Co., a textile firm, company chairman Liu Baogen told Wen January sales increased 0.3 percent year on year and orders have been secured till March.     Wen said the textile industry is a pillar of China's economy. He offered three suggestions to the sector: Adjust the product structure according to domestic and overseas demand; increase corporate competitiveness by lifting product quality and reducing costs; explore sales in both the domestic and overseas markets. Chinese Premier Wen Jiabao (L) shakes hands with a student as he visits Nankai University in Tianjin, north China, Feb. 15, 2009. Premier Wen made an inspection tour in Tianjin on Feb. 15-16.The Premier also visited a watch maker, an auto molding company, the construction site of an ethylene and refinery project and an animation technology firm.     Wen told employees to explore the market and look for new opportunities against the ongoing global financial crisis.     He also went to see students at Nankai University, the most reputed college in Tianjin. He reassured them government agencies would do their best to find them jobs.

PYONGYANG, April 13 (Xinhua) -- Li Jinhua, vice chairman of the Chinese People's Political Consultative Conference (CPPCC), on Monday met with Kim Wan Su, director of the secretariat of the Central Committee of the Democratic Front for the Reunification of the Fatherland (CCDFRF) of the Democratic People's Republic of Korea (DPRK).     Li, who is heading a CPPCC delegation on a visit to the DPRK, said at the meeting that this year marks the 60th anniversary of the establishment of diplomatic ties between the two countries, and the visit was also one of the major events of the China-DPRK friendship year. Li Jinhua (L), vice chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with Kim Wan Su, chief of the Secretariat of the Central Committee of the Democratic Front for the Reunification of the Fatherland of the Democratic People's Republic of Korea (DPRK) in Pyongyang, capital of DPRK, April 13, 2009.The visit came just after the end of the first session of the 12th Supreme People's Assembly of the DPRK. On behalf of the CPPCC, Li congratulated on Kim Jong Il's reelection as chairman of the DPRK's National Defense Commission.     Kim Wan Su said DPRK-China friendship has had deep historical groundwork, and the recent years have witnessed further development of DPRK-China friendship.     The CCDFRF would like to further improve exchanges and cooperation with the CPPCC and make greater contributions to the friendship of the two countries, he said.

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MOSCOW, March 22 (Xinhua) -- Top think tanks from Russia and China discussed a wide range of security issues of common concern at a two-day seminar that ended here Sunday.     participants at the seminar exchanged ideas on world economic and political trend, the situation in Central Asia, and prospects for the Shanghai Cooperation Organization (SCO) under the global security framework.     The seminar, "Russia and China in a new era," was co-chaired by China Institute for International Strategic Studies (CIISS) and Russian Council for Foreign and Defense Policy (CFDP).     Xiong Guangkai, chairman of the CIISS, and Sergei Karaganov, head of the CFDP, attended the meeting.     Participants in the meeting agreed that the current world is ata stage of profound change and major readjustment. The ongoing financial crisis has led to greater instability in global and regional situation. Yet, the world will continue to move towards multi-polarization despite emerging complexities in global situation.     Both sides believed that safeguarding security and stability in Central Asia serves the common strategic interests of China and Russia, and is also a necessity for deepening the two countries' strategic cooperation.     They also agreed the SCO, as a new organization of regional security cooperation, not only accords with fundamental interests of all the SCO members, but also contributes to regional and global peace and security. China and Russia shall strengthen understanding, trust and cooperation to ensure the sound development of the SCO.     As a national, nongovernmental institute on global issues, the CIISS keeps in touch with about 100 institutions from over 50 countries and regions across the world. The CFDP is Russia's famed think tank closely associated with several departments of Russian government and legislature.

JINAN, March 17 (Xinhua) -- Chinese Vice Premier Hui Liangyu on Tuesday urged local governments to support spring ploughing work to promote grain production.     Speaking at a national meeting held by the State Council (Cabinet) in Jinan, capital city of eastern China's Shandong Province, on Monday and Tuesday, Hui called for great efforts to support the harvest of summer grain and oil crops.     He called on local authorities to give priority to spring farm work, maintain steady and relatively fast rural and agricultural development, help farm incomes rise and improve water conservation in rural areas.     He urged authorities to provide agricultural science and technology services to farmers, strengthen pest and animal disease controls, help farmers rise out of poverty and provide more jobs for returning migrants.     China harvested 528.5 billion kilograms of grain last year, up 5.4 percent from 2007, the fifth consecutive increase.

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BEIJING, Feb. 8 (Xinhua) -- Irrigation has covered 52.7 percent of the wheat farmland in drought-hit provinces in China by Saturday, said the Ministry of Agriculture.     A total of 85 million mu (about 5.67 hectares) of wheat land have been irrigated in eight drought-stricken provincial regions, the ministry told a meeting on Sunday.     Minister Sun Zhengcai said it is of importance to fully use machines in the fight against drought. People irrigate a wheat field in Laocheng Township of Changge County, central China's Henan Province, Feb. 3, 2009. Henan, one of China's key wheat producing regions, has suffered from drought since Oct. 24, 2008. Some 2.9 million hectares of farmland in Henan were affected    He asked local governments to increase subsidies for farmers to buy more irrigation-related and water-saving equipments, and make every effort to expand the irrigation coverage and save water.     By Saturday, 152 million mu of wheat farmland, which accounted for 95 percent of the drought-stricken crops in China, was affected in eight provincial regions including Hebei, Shanxi, Anhui, Jiangsu, Henan, Shandong, Shaanxi and Gansu.     Rain and snow from Friday to Sunday in the southeastern part of northwest China and the southwestern part of north China has reduced the area of drought-affected farmland by 20 million mu.     China experienced the most severe drought for decades. As of Saturday, 299 million mu of crops, 4.42 million people and 2.2 million heads of livestock were affected.     The crops affected was 110 million mu more than the average level during the same period in past years.     During a visit to central China's drought-hit Henan Province on Saturday and Sunday, Chinese Premier Wen Jiabao has urged officials in drought-hit areas to place "top priority" on relief work as agricultural stability concerns China's bid to revive its economy.     China has declared the highest level of emergency in response to the drought, employing artificial means to induce rains and allocating 86.7 billion yuan (about 12.69 billion U.S. dollars) as subsidies to farmers.     In addition, the central government has decided to earmark 400 million yuan to local governments for drought relief.

BEIJING, March 23 (Xinhua) -- Chinese Vice President Xi Jinping met with visiting Bulgarian Deputy Prime Minister and the Minister of Foreign Affairs Ivailo Kalfin here Monday. The two sides vowed to step up bilateral relations.     Xi highlighted growth of bilateral relations in recent years, saying the two nations have witnessed a boom of cooperation in such fields as politics, economy, culture, science and technology.     China values the traditional friendship with Bulgaria, Xi said, citing the fact that Bulgaria was the second country to recognize the People's Republic of China in 1949. Chinese Vice President Xi Jinping (R Front) meets with visiting Bulgarian Foreign Minister Ivailo Kalfin (L Front) at the Great Hall of the People in Beijing, capital of China, March 23, 2009    China is willing to join hands with Bulgaria to step up bilateral relations in an effort to commemorate the 60th anniversary of the establishment of the Sino-Bulgarian diplomatic relationship, Xi noted.     Echoing Xi's views on bilateral relations, Kalfin said Bulgaria and China share similar views on many international issues, promising his country will continue to adhere to the one-China policy.     Bulgaria would work closer with China to promote bilateral relations to a higher level, Kalfin said.     Kalfin is on an official visit to China from March 21-25. Besides Beijing, he will also pay a visit to China's economic powerhouse Shanghai.

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