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MOSCOW, Oct. 28 (Xinhua) -- China and Russia issued a joint communique here Tuesday, pledging further efforts to strengthen strategic coordination and deepen cooperation in various fields.     The communique was signed by visiting Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin at the 13th regular prime ministers' talks between the two countries. Chinese Premier Wen Jiabao (2nd L) and Russian Prime Minister Vladimir Putin (2nd R) sign a joint communique on the 13th regular meeting between Chinese and Russian prime ministers in Moscow, capital of Russia, Oct. 28, 2008. Wen Jiabao and Putin held talks here Tuesday at the 13th regular meeting between Chinese and Russian prime ministersDuring his visit, Wen also held separate talks with Russian President Dmitry Medvedev and Speaker of the Russian Federation Council Sergei Mironov, and attended the third China-Russia Economic and Trade Summit Forum.     During his meeting with Medvedev, Wen and the Russian president had an in-depth exchange of views on the two countries' strategic coordination and cooperation, as well as major regional and international issues. Russian President Dmitry Medvedev (R) meets with visiting Chinese Premier Wen Jiabao in Moscow, capital of Russia, Oct. 28, 2008The two leaders said that the Sino-Russian strategic partnership of cooperation has witnessed rapid growth in recent years, with enhanced mutual trust and support and broadened cooperation in key areas.     The two sides agreed that it is important and urgent for China and Russia to comprehensively strengthen bilateral relations in the current complicated international situation. Chinese Premier Wen Jiabao (L) meets with Russian Prime Minister Vladimir Putin in Moscow, capital of Russia, Oct. 28, 2008. Wen Jiabao and Putin held talks here Tuesday at the 13th regular meeting between Chinese and Russian prime ministersIn line with the spirits and principle of the treaty of good-neighborliness and friendly cooperation, China and Russia will implement all agreements and consensus reached by the two sides, promote mutual political trust, facilitate pragmatic cooperation and deepen strategic coordination, so as to benefit the two countries and peoples and make greater contributions to world peace and stability.     Wen and Putin noted that the prime ministers' regular talks have played a significant role in boosting pragmatic bilateral cooperation in various fields, saying both countries are willing to continue to better the mechanism and improve its efficiency. Chinese Premier Wen Jiabao addresses the opening ceremony of the Third Sino-Russian economic forum in Moscow, capital of Russia, Oct. 28, 2008The two sides will make all events of the "national theme year" of China and Russia approved by the two heads of state a regular occurrence, implement the plan for the year of Russian language in2009 in China, and make preparations for the year of Chinese language in 2010 in Russia.     The two countries will make joint efforts to further expand trade and economic cooperation, so as to promote their economic development.     Both sides should give full play to the role of the China-Russia Chamber of Commerce of Machinery and Electronic Products, and take practical measures to increase high-tech products in bilateral trade. Russian Prime Minister Vladimir Putin addresses the opening ceremony of the Third Sino-Russian economic forum in Moscow, capital of Russia, Oct. 28, 2008.The two sides will, in the principle of equality and mutual benefit, make use of the Sino-Russian investment promotion conference and take measures so as to sign a draft plan of China-Russia investment cooperation at an early date, to create a sound investment environment, effectively protect the legal rights and interests of investors, implement investment projects of mutual interests, and expand cooperation in industrial projects, infrastructure construction and renovation.     They will continue to step up regional cooperation along the border, to further regulate the cross-border trade order, improve the structure of commodities, and upgrading the infrastructure in port cities.     The two sides reaffirmed that energy cooperation is an important part of the China-Russia strategic partnership of cooperation, and the two nations should deepen energy cooperation on the basis of mutual benefit.     Both sides agreed to support cooperation in oil and gas, including long-term trade of crude oil, the construction of oil pipelines linking Russia and China, the upstream and downstream cooperation in oil fields, natural gas supply and the establishment of natural gas processing and chemical enterprises.     The two sides also agreed to widen and deepen long-term cooperation in space technology to ensure the completion of the 2007-2009 space cooperation program as scheduled.     In the fields of science and technology, China and Russia, by combining their efforts in high priority fields of scientific research, will implement joint projects with great innovative potential and commercial prospects. The two sides will further promote cooperation in nanotechnology, energy, energy saving, ecology and rational utilization of natural resources.     The two sides also agreed to push forward cooperation in transportation and traffic infrastructure, enhance cooperation in such areas as trade and project financing, bank card and export credit insurance, and to further cooperation in the civil aviation sector.     They spoke highly of bilateral cooperation in telecommunication and information and communication technology, and pledged to improve the cooperative mechanism in anti-monopoly, supervision of advertisement law and anti-unfair competition, and to expand and deepen cooperation in information exchange in the border area.     Both sides will continue to expand cooperation in disaster relief and strengthen relevant exchange in science and technology and information.     The two sides are willing to boost cooperation in environmental protection and reasonable utilization and protection of cross-border water.     They agreed to continue to organize and hold activities of cultural exchanges between the youths of China and Russia, including an art festival, summer or winter camps and language competitions.     The two sides expressed satisfaction with the successful Russian cultural festival in China this year and support for the Chinese cultural festival in Russia in 2009, which they said will be an important event marking the 60th anniversary of the establishment of diplomatic ties between the two countries.     The two sides will encourage their libraries, museums and theaters to set up direct contacts and develop cooperation.     Both countries will also continue to deepen cooperation in health-care services, especially in such fields as prevention and treatment of infectious diseases, rest cure and medicine supervision.     They will facilitate sports exchanges and cooperation, agreeing to hold the 3rd China-Russia youth games in 2009.     The two sides will comprehensively implement bilateral accords and programs in tourism, and improve the mechanism and expand cooperation in such fields as media, movie production and file management.     They agreed to hold the 14th regular prime ministers' talks in China next year on a date to be decided through diplomatic discussions.     During the 13th prime ministers' regular talks, the two countries signed a number of documents, including several agreements on cooperation in such fields as energy, banking and high technology.     Wen arrived here Monday for a three-day official visit to Russia aimed at strengthening China's strategic partnership with the country.     Russia is the first leg of Wen's two-nation tour, which will also take him to Kazakhstan.

BEIJING, Nov. 23 (Xinhua) -- Chinese Premier Wen Jiabao called on domestic companies to pump up confidence in coping with the global financial crisis during his inspection of enterprises in eastern Shanghai and Zhejiang Province from Friday to Sunday.     Wen said buoying up their confidence was "a powerful weapon to deal with the adverse effects of the global economic turbulence and financial turmoil" when inspecting local private enterprises and large-scale companies.     "Enterprises must have confidence for them to stabilize market expectations. Confidence is what they need to tide over the difficult times," he said.     Wen, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, pointed out the private sector played an important role in keeping the stable and relatively fast economic growth momentum, creating more jobs and maintaining the social stability. Chinese Premier Wen Jiabao (C) talks with workers of the Shanghai Waigaoqiao Shipbuilding Co., Ltd. in Shanghai, east China Nov. 22, 2008. Wen Jiabao made an inspection tour of Shanghai Municipality and Zhejiang Province from Nov. 21 to Nov. 23, 2008."Great importance should be laid on the difficulties and challenges private companies face and more supporting policies should be given to them to create a sound environment for their development," he added.     Wen encouraged private companies to adapt to the market changes, make efforts on innovation, establish famous brands with independent intellectual property rights, improve their competitiveness and enhance risk resisting capabilities.     When inspecting Yiwu city in Zhejiang, one of the country's commodities trading centers, Wen encouraged business people to also focus on the domestic market in sync with strengthening their positions on the overseas market.     Wen stressed that large-scale enterprises played a crucial part in the national economy and social development, and great efforts must be put on pushing forward their healthy development.     He encouraged big companies to conduct merge and restructuring, eliminated the outdated production capacity and increase investment on research and development.

BEIJING, Nov. 4 -- China has set a timetable for its large aircraft plan, and the first homemade jumbo jet will take to the skies by no later than the start of the 13th Five-Year Plan Period (2015-20), a senior official said yesterday.     This is the first time a timetable for the trunk liner project has been made public, since the Commercial Aircraft Corp of China Ltd was set up in May. The company is in charge of the large plane's assembly, marketing and after-sales service with an initial investment of 19 billion yuan (2.8 billion U.S. dollars).     Miao Wei, vice-minister of industry and information technology, said at the China International Aviation & Aerospace Forum 2008 yesterday that China-made jumbo jets will be on the market between 2015 and 2020.     "We will finish the concept design and research on key technologies before 2010, and have the first plane roll off the production line before 2014," he said.     Even though the domestic passenger transport volume has been dropping recently amid the global economic slowdown, Miao said he had confidence in China's vast demand for new planes.     "In the next 10 years, China will need at least 1,000 new planes," he said.     The corporation is currently studying a feasibility plan for the large plane, Jin Zhuanglong, its general manager said yesterday.     Some sub-projects have begun, and the large airplane's technology scheme and suppliers will be decided soon, he said.     The corporation, which is also responsible for marketing the homemade regional jet ARJ21, will sign its first overseas order, worth about 0 million, with General Electric Co, at the seventh China International Aviation & Aerospace Exhibition, which opens today.     GE's leasing unit will sign a contract for 25 ARJ21-700s, which raises the company's backlog to 208, Chen Jin, general manager for marketing and sales, said.     Miao said the ARJ21-700 will enter service next year, while work on a 100-seat version, a business-jet model and a freighter will start next year.     China has also received 136 orders for the MA 60, a propeller-driven commuter plane, Miao said.     Xi'an Aircraft Industry Group Co, the maker of the plane, has already delivered 34, he said.     "The next few years will be an important period for China's aviation industry," he said.     The ministry will draft a mid-and-long-term plan for the aviation industry soon in order to coordinate the development of large planes, regional jets and helicopters, he said.     Lunar ambitions     Models of a soft-lander and a rover for the second phase of China's lunar exploration program will be displayed at the air show for the first time.     Designed and made by China Aerospace Science and Technology Corporation (CAST), the soft-lander, weighing 3,800 kg on top of the launch vehicle, is likely to be launched in 2013, a corporation source said yesterday.     The government has given the nod to the second phase of the lunar program to explore the surface of the moon, the corporation said.

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BEIJING, Nov. 17 -- Chinese banks should be alert to the risks of growing bad loans and narrowing profit margins amid a worsening global financial crisis and domestic interest rate cuts, a senior banking regulator has warned.     China Banking Regulatory Commission Vice Chairman Jiang Dingzhi told a financial forum in Beijing on Saturday that China's banking system, despite being generally healthy, faces growing risks.     "Our judgment is that losses at overseas financial institutions will widen further, and capital shortfalls will become more serious," Jiang said     "The financial crisis won't end in the near term. So we should not turn a blind eye to the risks " Jiang said, warning that the first risk China may face in the coming years is "exported inflation" from developed economies.     He said many developed economies have taken quick action to inject huge liquidity and credit into their banks to stabilize financial systems and it is likely that the banks will export capital to developing countries such as China (through direct investment or loans).     "That may cause high inflation (for us) and we should keep a close eye on cross-border capital flows," said Jiang.     Jiang also warned that bad loans, especially in the real estate sector, are the second risk that China's banks are confronted with.     "Bad loans are already showing an upward trend, especially in the property market where the mortgage default risk is growing at an accelerating pace," Jiang said, without elaborating.     Jiang also said Chinese banks may encounter growing losses from their overseas investment as the global financial crisis remains "far from over".     The government said earlier that Chinese banks suffered "very limited losses" overseas as their exposure to bankrupt global financial companies was not much.     Jiang said Chinese banks also face narrowing profit margins as the central bank cuts interest rates to boost the slowing economy. Banks are encouraged to lend after the government announced a 4 trillion yuan (586 billion U.S. dollars) stimulus plan a week ago.     The People's Bank of China has cut interest rates thrice this year after economic growth cooled to 9 percent in the third quarter, the slowest rate in five years. He said the banks will see declining profits next year as lower interest rates shrink margins and loan defaults may increase.     However, Jin Liqun, chairman of the supervisory board of China Investment Corp, said Chinese banks should continue market-oriented reforms despite the risks.     "All these risks cannot be used as excuses to defer further reform in the banking system," said Jin at the forum. "Only with market-oriented reforms can our banks further build up their capabilities in profit-making and risk-prevention."     Jiang said China's banking system remains "in good health" with all major indicators at their best levels ever.     Banks' total assets, 59.3 trillion yuan at the end of September, were five times the level of 10 years ago when the Asian financial crisis erupted, he added. And banks reduced their average bad-loan ratio to 5.49 percent at the end of September, from 6.3 percent at the end of March.     "These sound indicators are the basis of our confidence to battle financial crisis," Jiang said.

DOHA, Nov. 29 (Xinhua) -- China on Saturday called for efforts to create global development partnerships and urged the international community to take practical steps to help developing nations in confronting the ongoing global financial crisis.     Vice Chinese Foreign Minister He Yafei, as the special envoy of Chinese President Hu Jintao, made the remarks at the plenary session of the U.N.-sponsored Follow-up International Conference on Financing for Development.     The spreading international financial crisis, coupled with the complicated and grave international economic situation, is posing a challenge to efforts to implement the Millennium Development Goals, He said.     The international community should approach the issue of financing for development from an overall and long-term perspective, establish partnerships for global development and take practical steps to help the developing countries.     On the issue of financing for development, a balance needs to be struck in the following points, He said.     Special attention should be given to efforts to minimize the impact of the financial crisis on developing countries, so as to maintain a good balance between stabilizing the financial market and helping vulnerable countries and communities.     Moreover, relevant parties should do more to promote global economic growth and stability, and stand firm against protectionism in efforts to conclude the Doha round of negotiations at an early date, he said.     He also urged the developed nations to fulfill their commitments on aid, and offer debt forgiveness and technology transfers to the developing nations.     While seeking solutions to the longstanding problem of development deficits, countries around the world should also mobilize new and extra funds to effectively cope with such emerging challenges as energy security, food security and climate change, He said.     On crisis response and prevention, He called on countries worldwide to continue their efforts in stabilizing the financial market as well as in building a just, equitable, inclusive and orderly international financial system.     Efforts should be made to carry out necessary reforms of the existing international financial system and its governance structures in a timely, gradual, comprehensive and balanced manner, He added.     The United Nations, the most authoritative international organization in the world, should continue to play its leading role in financing so as to encourage the international community to make bigger investments in development, he noted.

ANKARA, Nov. 27 (Xinhua) -- China attaches importance to its friendship and cooperation with Turkey, said China's top political advisor Jia Qinglin here Thursday.     China will enhance exchanges and mutual trust, consultations and coordination in international and regional affairs, and cooperation in economy, trade, culture, education and tourism with Turkey, said Jia at a meeting with Turkish Prime Minister Recep Tayyip Erdogan.     Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), said the Chinese side is satisfied with the development of bilateral relations and confident in their future friendship and cooperation. China's top political advisor Jia Qinglin(L) shakes hands with Turkish Prime Minister Tayyip Erdogan in Ankara, Nov. 27, 2008.     Jia, who arrived here Wednesday on an official goodwill visit as guest of Speaker of the Turkish Grand National Assembly Koksal Toptan, said to further promote bilateral relations is conducive to their mutual benefit and regional peace, stability and development, and conforms to the fundamental interest of the two sides.     China will work with Turkey to explore new ways and areas for expanding cooperation in economy, trade, project engineering, investment and tourism, said Jia.     He said China encourages Chinese investment in Turkey and welcomes Turkish businesses to China.     Erdogan said bilateral relations have progressed smoothly and there are no problems between the two countries.     Turkey expects to conduct close cooperation with China in international affairs and hopes for more cooperation in jointly fighting the current financial crisis, said the prime minister.     He said he hoped that the two countries will expand cooperation in economy, trade, culture and tourism and he welcomed China's businesses.     In a discussion here Thursday with Chinese business people working in Ankara, Jia encouraged them to work hard to the benefit of the two countries and the two peoples.     Turkey is the second leg of Jia's four-nation visit which has taken him to Jordan and will also take him to Laos and Cambodia.

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BEIJING, Jan. 22 (Xinhua) -- China's economy cooled to its slowest pace in seven years in 2008, expanding 9 percent year-on-year as the widening global financial crisis continued to affect the world's fastest-growing economy, official data showed Thursday.     Gross domestic product (GDP) reached 30.067 trillion yuan (4.4216 trillion U.S. dollars) in 2008, Ma Jiantang, director of the National Bureau of Statistics (NBS), told a press conference.     The 9-percent rate was the lowest since 2001, when an annual rate of 8.3 percent was recorded, and it was the first time China's GDP growth fell into the single-digit range since 2003.     The year-on-year growth rate for the fourth quarter slid to 6.8 percent from 9 percent in the third quarter and 9.9 percent for the first three quarters, according to Ma. Graphics shows China's gross domestic product (GDP) in the year of 2008, released by the National Bureau of Statistics (NBS) on Jan. 22, 2009. China's GDP reached 30.067 trillion yuan (4.4216 trillion U.S. dollars) in 2008, expanding 9 percent year-on-year.    Economic growth showed "an obvious correction" last year, but the full-year performance was still better than other countries affected by the global financial crisis, said Zhang Liqun, a researcher with the Development Research Center of the State Council, or cabinet.     He attributed the fourth-quarter weakness to reduced industrial output as inventories piled up amid sharply lower foreign demand.     Exports, which accounted for about one-third of GDP, fell 2.8 percent year-on-year to 111.16 billion U.S. dollars in December. Exports declined 2.2 percent in November from a year earlier.     Industrial output rose 12.9 percent year-on-year in 2008, down 5.6 percentage points from the previous year, said Ma.     SEEKING THE BOTTOM     Government economist Wang Xiaoguang said the 6.8-percent growth rate in the fourth quarter was not a sign of a "hard landing," just a necessary "adjustment" from previous rapid expansion.     "This round of downward adjustment won't bottom out in just a year or several quarters but might last two or three years, which is a normal situation," he said.     A report Thursday from London-based Standard Chartered Bank called the 6.8-percent growth in the fourth quarter "respectable" but said the data overall presented "a batch of mixed signals."     It said: "We probably saw zero real growth in the fourth quarter compared with the third quarter, and it could have been marginally negative."     The weakening economy has already had an impact on several Chinese industrial giants. Angang Steel Co. Ltd. (Ansteel), one of the top three steel producers, said Wednesday net profit fell 55 percent last year as steel prices plunged. It cited weakening demand late in the year.     However, officials and analysts said some positive signs surfaced in December, which they said indicated China could recover before other countries.     December figures on money supply, consumption, and industrial output showed some "positive changes" but whether they represented a trend was unclear, said Ma.     Outstanding local currency loans for December expanded by 771.8 billion yuan, up 723.3 billion from a year earlier, according to official data.     Real retail sales growth in December accelerated 0.8 percentage points from November to 17.4 percent. Industrial output also accelerated in December, up 0.3 percentage points from the annual rate of November.     Wang Qing, Morgan Stanley Asia chief economist for China, said GDP growth would hit a trough in the first or second quarter. China will perform better than most economies affected by the global crisis and gradually improve this year, he said.     Zhang also predicted the economy will touch bottom and start to recover later this year, depending on the performance in January and February.     Zhang forecast GDP growth of more than 8 percent for 2009, based on the assumption that domestic demand and accelerating urbanization would help cushion China from world economic conditions.     Wang Tongsan, an economist with the Chinese Academy of Social Sciences, said whether GDP growth exceeds 8 percent this year depends on how the world economy performs and how well the government stimulus policies are implemented.     Ma characterized the "difficulties" China experienced in the fourth quarter as temporary, saying: "We should have the confidence to be the first country out of the crisis."     Overall, the economy maintained good momentum with fast growth, stable prices, optimized structures and improved living standards, said Ma.     China's performance was better than the average growth of 3.7 percent for the world economy last year, 1.4 percent for developed countries and 6.6 percent for developing and emerging economies, he said, citing estimates of the International Monetary Fund.     "With a 9-percent rate, China actually contributed more than 20 percent of global economic growth in 2008," said Ma.     He said the industrial structure became "more balanced" last year, with faster growth of investment and industrial output in the less-developed central and western regions than in the eastern areas.     Meanwhile, energy efficiency improved: energy intensity, the amount of energy it takes to produce a unit of GDP, fell 4.21 percent year-on-year in 2008, a larger decrease than the 3.66 percent recorded in 2007, said Ma.     WORRIES ABOUT CONSUMPTION     A slowing economy poses a concern for the authorities, which they have acknowledged several times in recent weeks, as rising unemployment could threaten social stability. It could also undermine consumer spending, which the government is counting on to offset weak external demand.     The government has maintained a target of 8 percent annual economic growth since 2005.     China announced a 4 trillion-yuan economic stimulus package in November aimed at boosting domestic demand.     Retail sales rose 21.6 percent in 2008, 4.8 percentage points more than in 2007, said Ma.     Ma said he believed domestic consumption would maintain rapid growth as long as personal incomes continue to increase and social security benefits improve.     Urban disposable incomes rose a real 8.4 percent last year, while those of rural Chinese went up 8 percent, he said.     Analysts have warned that consumption could be affected if low rates of inflation deteriorate into outright deflation and factory closures result in more jobless migrant workers.     The urban unemployment rate rose to 4.2 percent at the end of 2008, up 0.2 percentage point year-on-year.     Ma said about 5 percent of 130 million migrant workers had returned to their rural homes since late 2008 because their employers closed down or suspended production. Other officials have said that 6.5 percent or even 10 percent of migrant workers have gone home after losing their jobs.

BEIJING, Oct. 21 (Xinhua) -- Chinese President Hu Jintao said the country's trade unions should play an active role in promoting coordinated labor relations on Tuesday.     Addressing a symposium attended by the newly-elected leaders of the All-China Federation of Trade Unions (ACFTU) and representatives of the 15th national congress of the ACFTU, Hu said trade unions should listen to the employees and voice their opinions.     He called on trade unions to earnestly safeguard the legitimate rights and interests of employees and coordinate labor relations to promote social stability.     He added that trade unions need reform and should explore new solutions to deal with problems. Chinese President Hu Jintao (2nd R) and Vice President Xi Jinping (1st R) talk with representatives of the 15th national congress of the All China Federation of Trade Unions (ACFTU) in Beijing, capital of China, on Oct. 21, 2008    Hu said the country should give more resources to trade unions to facilitate innovation, in which the working class should be the driving force.     ACFTU's president Wang Zhaoguo also attended the meeting. He was elected president during the first session of the 15th ACFTU Executive Committee on Monday. It will be his third tenure.     China has the largest number of trade union members in the world, with membership increasing from 123 million in 2003 to 209 million this year.     "China's trade unions should unswervingly stick to building trade unions with Chinese characteristics," Vice President Xi Jinping said at the opening ceremony.     The congress is held every four years. The previous session convened in Beijing in September 2003, with more than 1,600 deputies present.

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KUNMING, Jan. 3 (Xinhua) -- The Yunnan section of the Sino-Vietnam land boundary demarcation project has ended with 665 boundary tablets erected, an official with the foreign affairs office of southwest China's Yunnan Province said here on Saturday.     During the past eight years, six Chinese teams cooperated with their Vietnamese counterparts and demarcated the borders of Jiangcheng, Jinping, Hekou, Maguan, Malipo and Funing.     All the land border demarcation work in the Yunnan area was completed on Dec. 20, in accordance with the "Vietnam-China Land Border Treaty."     Large boundary tablets were established on Hekou's roads, rail terminal and harbor along the Yunnan section of the border.     The completion of the task represents a major step in Sino-Vietnamese relations.     China and Vietnam exchanged views on Wednesday on solving the remaining issues connected to border demarcation and erecting border markers, reached an agreement and issued a joint statement.

Mongolian Prime Minister Sanj Bayar (R), also head of the ruling Mongolian People's Revolutionary Party(MPRP), shakes hand with Wang Jiarui, head of the International Department of the CPC Central Committee, in Ulan Bator, Mongolia, Dec.19, 2008. Wang Jiarui heads a delegation of the Communist Party of China to pay a 4-days friendly visit to Mongolia.     ULAN BATOR, Dec. 19 (Xinhua) -- Mongolian President Nambaryn Enkhbayar and Prime Minister Sanj Bayar on Friday met with Wang Jiarui, head of the International Department of the Communist Party of China Central Committee (CPC) to discuss bilateral ties.     During the meeting, Enkhbayar spoke highly of the current Chinese-Mongolian good-neighbor partnership of mutual trust.     Bilateral cooperation has developed fast in various fields in recent years, said the president, adding that there is great potential for the two to develop cooperation in trade and other economic areas in Mongolia. Mongolia's President Nambariin Enkhbayar (R) shakes hand with Wang Jiarui, head of the International Department of the CPC Central Committee, in Ulan Bator, Mongolia, Dec.19, 2008.     Talking about the current financial crisis, Enkhbayar said "the measures taken by China to tide over the current financial crisis are proper and Mongolia hopes to work together with China to minimize the impact of the crisis on the countries."     Prime Minister Sanj Bayar, who serves as chairman of Mongolian People's Revolutionary Party (MPRP), referred to relations with China as a top priority of Mongolia's foreign policy, adding that ties between MPRP and CPC is of great importance to bilateral relations.     The prime minister also vowed that his country would adhere to one-China policy and support China's stance on Taiwan and Tibet issues. Mongolian deputy prime minister Miyeegombo Enkhbold (L), shakes hand with Wang Jiarui, head of the International Department of the CPC Central Committee, in Ulan Bator, Mongolia, Dec.19, 2008.     Wang Jiarui briefed the Mongolian leaders on the current political and economic situations in China, saying the development of bilateral ties and cooperation have brought "concrete benefit" to the two peoples.     The CPC is willing to further enhance relations with the MPRP, Wang said, adding that the CPC and the Chinese government will unswervingly develop relations with Mongolia in a sound, stable way.     Wang Jiarui arrived in Mongolia on Friday morning.