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COPENHAGEN, Dec. 18 (Xinhua) -- Chinese Premier Wen Jiabao met here with U.S. President Barack Obama on Friday to discuss climate change.     Wen said climate change is a global challenge and an important field for cooperation between China and the United States.     The key to this issue is to stick to the principle of "common but differentiated responsibilities," said Wen.     The Chinese government has announced its goal of controlling greenhouse gas emissions, which demonstrates China's sincerity and determination to deal with climate change, and work with the international community on this issue, said the Chinese premier. Chinese Premier Wen Jiabao (L) meets with U.S. President Barack Obama in Copenhagen, Denmark, Dec. 18, 2009    China has voluntarily launched mitigation measures and put the munder the supervision of domestic law and mass media, said Wen.     China is also willing to carry out international dialogue and cooperation on transparency of its mitigation measures, he said.     The Chinese side welcomes the promise of the United States to provide financial support to the least developed countries, said Wen, noting that the key is to take concrete action to help developing countries deal with climate change.     China is willing to strengthen communication and consultation with the U.S. side to enhance mutual trust, and to push for a fair, reasonable and practical deal at the Copenhagen conference, thus delivering hope and confidence to the whole world, said Wen.     Obama told Wen that the principle of "common but differentiated responsibilities" should be followed in the global fight against climate change.     Obama said China's emission reduction target is ambitious and impressive and important for the entire world.     As a developing country, the largest challenge China is facing is to develop its economy and relieve poverty, he said. Therefore, China should not be required to adopt the same measures as the United States or other developed countries.     Obama said he appreciated China's willingness to have transparency on its voluntary emission reduction measures. The United States is ready to work with China for a successful Copenhagen climate change conference and to strengthen long-term cooperation in the fight against climate change.

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Editor's note: Xinhua correspondents Zhao Cheng and Tian Fan, who accompanied and covered Premier Wen Jiabao's tour to the Copenhagen climate talks last week, recall in this following special report what they witnessed at the summit in the Danish capital. With close-in observations of Premier Wen's tight schedule and meetings with world leaders, their account is expected to shed light on some queries concerning the conference.     * What did Premier Wen tell world leaders?     * Why was Premier Wen missing from a mysterious small group meeting called by the United States?     * How was Copenhagen Accord finally reached after long, tough negotiations?          BEIJING, Dec. 25 (Xinhua) -- Chinese Premier Wen Jiabao left Beijing for the climate summit in Copenhagen, Denmark on Dec. 16, when pessimism and disappointment were simmering among negotiators, who, after about 10 days' bargaining, found a bridge to span their rift seemed a mission impossible.     "It will be a tough task. Now I can feel how heavy my duty is to attend the meeting on behalf of the Chinese government," Wen told reporters aboard his plane en route to Copenhagen. Chinese Premier Wen Jiabao speaks at the leaders' meeting of the United Nations Climate Change Conference in Copenhagen, Denmark, Dec. 18, 2009Nevertheless, Wen said he was confident that the talks would bear fruit. "As so many world leaders are gathered there, I believe there should come some achievements," he said. "No matter what the result is, China's action plan will not change, its voluntary reduction target will always be non-negotiable, and its determination in hitting the target will never waver."

DATONG, Shanxi, Dec. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang on Monday called for renovating the hovels in urban areas and at state-owned factories and mines across the country to better the livelihood of needy people.     Renovation of all squatter homes in cities and at state-owned factories and mines should be completed in the next fives years. Those hovels at state-owned forest zones, reclamation areas and coal mines will be renovated within three years, Li told a national meeting.     Different kinds of government funds will be used in the renovation work, and private investment will be encouraged, Li said, adding that favorable tax and land policies will be implemented.     He said the renovation efforts should be open and transparent and respect the wishes of the broad masses. Efforts should be made to avoid corruption.     Li said China will promote the building of low-rent houses to meet people's basic needs for housing.     By the end of 2008, China has 11.48 million families living in hovels, 7.44 million of which live in cities, 2.38 million nearby state-owned plants and mines, 1.66 million in forest zones and reclamation areas.

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BEIJING, Dec. 2 (Xinhua) -- Chinese vice premier Li Keqiang has called for efforts to build the South-to-North Water Diversion Project into a water-efficient and environment-friendly project.     Li made the remarks at a meeting held by the State Council on Tuesday, saying the government should stick to policies regarding resource-conservation and environment-protection in the construction work.     Li ordered relevant departments to intensify their efforts on pollution control and eco-environment protection in both the water source area and areas along the project in the course of construction.     Li, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, stressed that a good job on the resettlement of residents is essential.     Addressing the meeting, vice premier Hui Liangyu ordered attaching great importance to quality and safety, strengthening pollution treatment and properly resettling local residents.     Launched in 2002, the South-to-North Water Diversion Project, consisting of eastern, middle and western routes, is designed to divert water from the water-rich south of the country, mainly the Yangtze River, to the dry north.     By the end of October, the government has invested 34 billion yuan (or 4.98 billion U.S. dollars) in the eastern and middle routes, and part of the project has contributed to alleviate the water strain in Beijing.

SHANGHAI, Nov. 23 (Xinhua) -- Baosteel Group, China's leading steelmaker, announced on Monday its acquisition of 15 percent stake in Aquila Resources, an Australian iron ore and coal company.     The 286 million Australian dollar purchase (265 million U.S. dollars) has made Baosteel the second largest shareholder of Aquila, said the Chinese company based in Shanghai.     The transaction is an important strategy for Baosteel's overseas expansion by securing long-term supply of critical raw materials for its steel making business, said the company.     The deal will help the Australian company source low-cost financing from Chinese institutions to support its projects.     Tony Poli, executive chairman of Aquila said on the company website, "The company now looks forward to developing its relations with Baosteel to the mutual benefit of both companies."     The deal was approved on November 13 by China's top economic regulator, the National Development and Reform Commission (NDRC), and it was Baosteel's first large strategic investment in a foreign public company.     The two companies signed an agreement on the acquisition in August this year and got nod in October by Australia's Foreign Investment Review Board (FIRB), which limited Baosteel's stake in the Australian company to the utmost 19.9 percent.     Under the terms of the deal, Dai Zhihao, a vice president of Baosteel, will step in as a board member of the Australian coalminer.

BEIJING, Jan. 5 (Xinhua) -- The Chinese government will continue encouraging outbound investment while attracting foreign investment in 2010 for "stable and relatively fast" growth of the country's economy, a government official has said.     Outbound investment, or "go-global" strategy, should aim at making use of overseas resources, market and advanced technologies, so as to help facilitate development of China's domestic economy, Zhang Xiaoqiang, vice minister in charge of the National Development and Reform Commission, said in the speech posted on the commission's website Tuesday.     The remarks were made at a conference held in Beijing on foreign investment on Dec. 11, but was not released until Tuesday.     In the first three quarters of 2009, China saw its investment overseas at 32.87 billion U.S. dollars, up 0.5 percent year-on-year, according to the Ministry of Commerce (MOC).     The country would also continue to attract foreign investment, he said. "Social stability, huge potential market and low cost of productive resources are still advantages for foreign investment," he said.     The country would see more advanced technologies and talents from foreign countries and foreign investment would better serve the structural reform of the country's economy.     Zhang said the government would stress national economic security while seeking to increase foreign investment. "We have to properly handle new challenges and situations when further opening sectors, including finance and telecommunications."     China's foreign direct investment shrank 14.26 percent from the same period last year to 63.77 billion U.S. dollars in the first nine months as foreign companies cut spending amid the global economic downturn, according to the MOC.     In the speech, Zhang also said China's currency was facing renewed pressure to appreciate because of the quantitative easing monetary policy in developed countries, a weakening dollar and recovery of China's economy.     The pressure would likely spur massive inflow of speculative money, making liquidity management more difficult.     Premier Wen Jiabao also said in December in an interview with Xinhua that the yuan faced appreciation pressure. "China will not yield to foreign pressure for the appreciation of its currency yuan in any form," Wen said.     "A stable Chinese currency is good for the international community," Wen said.

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BEIJING, Nov. 17 (Xinhua) -- China and the United States issued a joint statement in Beijing Tuesday, vowing to deepen counter-terrorism consultation and cooperation between the two countries on an equal and mutually beneficial basis.     The two sides promised they would boost joint efforts to combat transnational crime and criminal organizations as well as money laundering and the financing of terrorism, including counterfeiting and recovery of illicit funds.     Issued after the meeting between Chinese President Hu Jintao and visiting U.S. President Barack Obama, the statement formulated that the two countries would strengthen cooperation on criminal investigations and deepen collaboration in combating embezzlement.     Other areas, such as counter-narcotics, control of pre-cursor chemicals and combating unlawful migration, smuggling and human trafficking, are also targeted for more cooperation in the future.     The two countries agreed to exchange evidence and intelligence on law enforcement issues in a timely and reciprocal manner, and undertake joint investigations as well as provide investigative assistance on cases of mutual interest, according to the statement.     Obama is in Beijing for a four-day state visit to China that started in Shanghai on Sunday night.

BEIJING, Nov. 17 (Xinhua) -- China and the United States issued a joint statement Tuesday after President Hu Jintao and President Barack Obama held in-depth, productive and candid discussions on China-US relations and other issues of mutual interest. President Hu to visit U.S. next yearU.S. supports one-China policy, welcomes peaceful development of cross-Straits tiesChina, U.S. to raise cooperation level in science, innovation: joint statementChina, U.S. to further collaborate in health, disease control: joint statementChina, U.S. hope Six Party Talks to resume at early dateChina, U.S. sign joint statement, to enhance security in outer space China, U.S. agree to hold new round of human rights dialogueChina, U.S. vow deeper co-op on counter-terrorismChina, U.S. agree transition to green, low-carbon economy essentialChina, U.S. agree on economic rebalance, pursuit of forward-looking monetary policesChina, U.S. to advance military relations: joint statementChina, U.S. to exchange more studentsChina, U.S. call on Iran to "engage constructively" with P5+1China, U.S. underline commitment to realization of nuke-free world China, U.S. welcome efforts for peace in South AsiaChina, U.S. to work for successful outcome at Copenhagen summit

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BEIJING, Nov. 18 (Xinhua) -- China's economy is expected to grow by 9 percent next year on robust property and automobile sectors, chairman of CCXI, a China-based credit rating agency said Tuesday.     Mao Zhenhua, the chairman, also forecast the country's GDP growth this year would expand by as much as 8.8 percent. He added China's economic growth for the next ten years would slightly fall from the peak in 2010 to around 7 percent around 2020, still a relatively fast pace compared to other countries.     But he cautioned the heavy reliance on exports and investment as major drivers to the Chinese economy has not changed currently, and that the structure for economic growth has not been optimized.     Mao made the remarks while addressing a conference that also shared outlooks for China's property market, and its automobile industry for the next year.     "China's property market is to remain steady in the next 6 or 12 months due to strong underlying housing demand in the country," said Kaven Tsang, assistant vice president of Moody's Investors Service Hong Kong Limited.     He attributed strong housing demand to rapid economic growth, expanding urbanization and rising living standards in the country.     Reduced inventory after strong sales over the past few quarters and improved liquidity of developers are also preventing a substantial decline in the property sector, he said.     According to the National Bureau of Statistics (NBS), housing sales in China reached 2.75 trillion yuan (403 billion U.S. dollars) in value for the first three quarters this year, a year-on-year increase of 73 percent.     Amid weak exports, the Chinese government will also continue to promote domestic consumption and see fixed-asset investment increase, with the property sector remaining "central" to the Chinese economy, said Tsang.     NBS figures show investment in the real estate sector in China posted a 28.4 percent growth in October this year.     The CCXI also forecast China would continue to see robust growth in auto sales in 2010, driven by the steady development of national economy, rise in individual income and stronger demand from China's central and west regions.     Chang Haizhong, senior CCXI analyst, said "cars have great market potential in the central and west regions which will become a new growth point for auto industry."     For example, sales of heavy trucks are expected to grow considerably next year, boosted by the government's massive fixed-asset investment, fast development of logistics and expansion of expressway network.     "Bus and sightseeing coach sales will also rise next year, as the government is determined to step up development of public transit systems, and people show more willingness to travel," Chang said.     He also said auto joint ventures in the country would try to seek a bigger share of middle and low-end market while keeping the dominant position in high-end market next year, posing a threat to domestic self-owned automakers.     Chevrolet, an arm of Shanghai GM, introduced SAIL, a new car model last week. Sales of the new model, priced less than 60,000 yuan, would start in January next year.     In the first ten months this year, auto sales in China broke the 10 million mark to 10.89 million units, up 36.23 percent from a year ago, surpassing the United States as the world's largest auto market.

LIMA, Nov. 22 (Xinhua) -- China's top political advisor Jia Qinglin arrived in Lima on Sunday, kicking off his official good-will visit to this South American country.     Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, delivered a written speech upon his arrival at the airport of the Peruvian capital. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, arrives in Lima to start an official goodwill visit to Peru on Nov. 22, 2009. In the speech, Jia hailed the traditional friendship and sound development of bilateral ties, highlighting the fruitful cooperation in various fields and close coordination on international and regional affairs since the two countries established diplomatic ties in 1971.     The China-Peru relations entered a new phase of development when the two states established a strategic partnership in 2008, Jia said. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, arrives in Lima to start an official goodwill visit to Peru on Nov. 22, 2009. China always attaches importance to the relations with Peru and will work together with Peru to promote the partnership in a bid to benefit the two peoples, he noted.     Jia is paying a two-day visit to Lima, which is expected to further friendship, mutual respect and cooperation, at the invitation of the Peruvian government. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, arrives in Lima to start an official goodwill visit to Peru on Nov. 22, 2009. He is scheduled to meet the Peruvian leadership and attend the opening ceremony of a China-Peru business forum on Monday.     Jia visited the Philippines and made a stopover at French Polynesia last week. He will also visit Ecuador and Brazil.

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