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WASHINGTON, June 10 (Xinhua) -- China's National People's Congress (NPC) and the U.S. House of Representatives have wrapped up their 10th meeting under a parliamentary exchange mechanism in Washington after having an in-depth exchange of views on bilateral ties, inter-parliamentary exchanges, global financial crisis, climate change and international and regional issues of mutual concern.     The meeting, held here on Tuesday, was co-chaired by Chairman Li Zhaoxing of the NPC Foreign Affairs Committee and Representative Joseph Crowley, chairman of the counterpart exchange mechanism in the House.     During the meeting, the Chinese side said that with growing common interests and greater opportunities of cooperation, China and the U.S. should further increase mutual trust and cooperation from strategic and long-term perspectives, respect and take care of each other's core interests, handle differences and sensitive issues with prudence, and ensure a healthy, stable growth of bilateral relationship.     The U.S. side reaffirmed the importance it has attached to the U.S.-China relationship and said that the House of Representatives will work to help the two countries tackle issues such as global financial crisis, climate change and energy safety through further exchanges and dialogues with NPC.     Both delegations agreed that the existing parliamentary exchange mechanism has become the most direct and effective platform for communications between the two sides and has played a positive role in deepening mutual understanding, building consensus and promoting cooperation.     The two sides also discussed the necessity for the two countries to strengthen coordination in macro economic and financial policies and how to cooperate in dealing with the climate change issue.     The Chinese side extended an invitation to the U.S. side on a visit to China in fall this year for the 11th meeting under the parliamentary exchange mechanism.

BEIJING, April 30 (Xinhua) -- China hopes to increase cooperation with Vietnam to push forward comprehensive strategic cooperative partnership, said top Chinese political advisor Jia Qinglin on Thursday.     "Stronger Sino-Vietnamese cooperation is significant when facing with international financial crisis," Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top advisory body, told Vietnamese Deputy Prime Minister Nguyen Thien Nhan in Beijing.     China and Vietnam would hold a friendship year in 2010. "We should grasp the opportunity to promote our friendship," Jia said. Jia Qinglin (front R), chairman of the National Committee of the Chinese People's Political Consultative Conference meets with Vietnamese Deputy Prime Minister Nguyen Thien Nhan (front L), who is also Vietnam's Minister of Education and Training, in Beijing, China, April 30, 2009    The establishment of comprehensive strategic cooperative partnership last year lifted bilateral ties into a new height, said Jia.     Frequent high level contacts, economic cooperation and increasing exchanges brought concrete benefits for the two peoples, he said.     Nhan is also Vietnam's Minister of Education and Training.     Jia hoped the two nations would further expand cooperation in education.     Nhan said Vietnam was ready to work with China to promote cooperation in education, culture, science and technology,.     Chinese State Councilor Liu Yandong also met with Nhan later Thursday.

BEIJING, June 27 (Xinhua) -- Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), had a meeting here with heads of the delegations of Taichung City and Taichung, Changhua and Nantou counties of Taiwan Saturday.     On the same day, the CPPCC leader also paid a visit to an exhibition of farm produce and tourist attractions from these four areas of central Taiwan, at its opening day. Jia Qinglin (1st R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with heads of the delegations of Taichung City and Taichung, Changhua and Nantou counties of southeast China's Taiwan Province, in Beijing, capital of China, on June 27, 2009In his talks with the Taiwan visitors, Jia welcomed the four Taiwan areas to jointly hold the exhibition in Beijing.     Since May last year, when the situation in Taiwan experienced a major positive change, the two sides have taken the rare opportunities and adopted a series of positive measures to promote cross-strait relations and made breakthroughs. Cross-Straits relations now exhibit a bright future of peaceful development, said Jia.     In May last year, the Chinese Kuomintang Party (KMT) won in the island's elections. Jia Qinglin (2nd L, front), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), visits an exhibition of farm produce and tourist attractions from Taichung City and Taichung, Changhua and Nantou counties of southeast China's Taiwan Province, in Beijing, capital of China, on June 27, 2009.More than ever, the Chinese compatriots living on both sides of the Taiwan Straits need to join hands to get over difficulties at a time when the impact of the global financial crisis still persists and the economic growth of the world is noticeably slowing down, said Jia, who is also a member of the Standing Committee of the Communist Party of China (CPC) Central Committee's Political Bureau.     The mainland side is willing to do its best to strengthen cross-straits cooperation, in an attempt to assist Taiwan in getting over the difficulties brought about the global financial crisis, Jia said.     The mainland has issued over 70 policies and measures, including those on farm produce and tourism, in favor of Taiwan compatriots and to deepen cross-Strait exchanges and cooperation, according to the top political advisor.     He hoped that the compatriots of the two sides could jointly explore the road towards peaceful development of cross-Straits relations, share the achievements, jointly carry forward the common culture and heritage that are of the same root, and make joint efforts for the great rejuvenation of the Chinese nation.     Also Present at the meeting were Beijing Mayor Guo Jinlong, President of the mainland-based Association for Relations Across the Taiwan Straits (ARATS) Chen Yunlin, Executive Deputy Director of the State Council Taiwan Affairs Office Zheng Lizhong, and Chairman of the China Council for the Promotion of International Trade Wan Jifei.     The exhibition was jointly sponsored by the four central Taiwan areas and Beijing.

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BEIJING, July 3 (Xinhua) -- Chinese Premier Wen Jiabao on Friday called for continued vigilance against the global pandemic of the A/H1N1 influenza and urged positive and scientific measures to cope with it.     Wen made the comment at the executive meeting of the State Council, China's Cabinet.     He underscored the importance of preventing and controlling the disease in public places such as schools and hospitals and called for intensified efforts in treating patients with serious symptoms so as to reduce the likelihood of fatalities. So far, there have been no deaths from the flu in China.     Inspection and quarantine measures should be strengthened and reserves of flu-prevention and control materials must be secured, he said.     Flu medicine and vaccines should be made and stored as scheduled and the role of traditional Chinese medicine in treating the disease should not be neglected, he added.     He also asked local authorities to make prevention and control plans based on local conditions and formulate management measures on flu patients' medical expenses.     The Premier has also championed the importance of health education and public opinion guidance in fighting against the disease.

BEIJING, May 6 (Xinhua) -- China's central bank said Wednesday the economy is doing "better than expected" in the first quarter, and pledged to maintain "ample" liquidity in the financial system for economic recovery.     China would stick to its moderately easy monetary policy and ensure "ample" liquidity at banks, the People's Bank of China (PBoC) said in its quarterly monetary policy report posted on its website.     The country has pumped 4.58 trillion yuan (670 billion U.S. dollars) of new loans into the economy in the first quarter to stimulate growth.     The figure is already nearing 5 trillion yuan of new loans targeted for the whole year. In March alone, new loans increased by a record 1.89 trillion yuan.     The country's financial institutions and enterprises would digest the huge amount of new loans in the following months, the report said.     Industry insiders have said credit extended by China's banks in April may have dropped to above 600 billion yuan after staying at above 1 trillion yuan for three straight months.     The central bank said new lending from commercial banks focused on government-backed projects. It encourages more bank loans to be channeled to small and medium-sized enterprises as they play an important role in the national economy and in increasing employment.     The central bank said in the first-quarter monetary policy report it would continue to instruct financial institutions to extend new loans, despite the earlier surge.     The pick-up in bank lending is conducive to stabilize the financial market and boosting market confidence, PBoC said. Meanwhile, the bank urged lenders to improve credit quality to avoid a possible rebound in bad loans.     There have been "positive changes" in the economy in the first quarter, the bank said, echoing remarks made by Premier Wen Jiabao last month.     The quarter-on-quarter growth is improving, compared to the fourth quarter of last year, it said, without giving specific figures.     China's economy expanded 6.1 percent in the first quarter, the lowest pace in 10 years and down from 9 percent in the fourth quarter last year.     The central bank also said foundations for the recovery are not solid, as uncertainties in external economies still exist and private investment is yet to become active with new lending concentrated on government projects.     In listing uncertainties ahead, the bank said the country still has to battle against the financial crisis that is unfolding and a collapse in external demand that is hurting exports.     The country is also under great pressure to create enough jobs and from a slower growth in residents' income, which would suppress future consumption, it said.     The bank also warned overcapacity and insufficient demand may drive prices lower in the country with the world economy in a downturn.     But it also said continued falls in prices may become less likely along with the world recovery, a turnaround in the national economy and fast credit growth.     "Prices of primary products and assets may rebound quickly once investor confidence is restored, as the global credit is relatively loose thanks to injection of liquidity and stimulus packages across the world," the bank said.     The central bank also said it was concerned that the extraordinary monetary policy adopted by other major economies would result in inflation risks.     It referred to the quantitative easing policy adopted by the U.S., Japan, Britain and Switzerland to pump cash into their economies.     The quantitative easing policy meant increasing currency supply through purchasing mid- and long-term treasury bonds after central banks cut interests rates to near zero.     The extraordinary monetary policy harbored huge risks for international financial markets and the global economy, said the central bank.     It would increase the risk of global inflation, said the central bank, suggesting it would create new assets bubbles and inflation if central banks of major economies failed to mop up thehuge liquidity when the global economy recovered.     "A policy mistake made by some major central banks would put the whole world in risk of inflation," it said.     The quantitative easing policy would also make exchange rates of major currencies more volatile, according to the report.     The central bank cited the U.S. move to purchase treasury bond in March as an example, saying although the dollar had appreciated against other major currencies, it fell after the purchase.     PBoC said the policy would leave the bond markets subject to fluctuations.     It said massive purchase of mid- and long-term treasury bonds may keep yield at a low level. But in the long run, as the financial markets returned to stability and the economy recovered, inflation expectations would grow, interest rates would rise, and bond prices would adjust sharply, according to the report.

BEIJING, May 28 (Xinhua) -- Zhang Xuanqi got up Thursday morning and fastened a small hand-made scent bag on his shirt. This kind of adornment has been a must for him on this special day every year since his childhood.     "Inside the bag is cinnabar that can keep away evils," said Zhang, a middle school student in Quwo County, Shanxi Province. Local people take part in the dragon boat race to mark the Duanwu Festival, also known as the Dragon Boat Festival, in Chengdu, southwest China's Sichuan Province, May 28, 2009. The Duanwu Festival falls on May 5 of Chinese lunar calendar. This year's Duanwu festival falls on Thursday.It is generally believed that the Duanwu Festival is marked to remember to Qu Yuan, one of the greatest ancient Chinese poets who drowned himself in the Miluo river to protest the corrupt court.As Chinese celebrated the Dragon Boat Festival, or Duanwu, which fell on Thursday this year, folk customs for this event have been reviving among both the old and young in this fast developing country. To wear small bags, usually with cinnabar, medicinal herbs or aromatic materials inside, is one of the traditions.     The festival is for people to remember Qu Yuan, a patriotic poet more than 2,000 years ago, who, according to legend, drowned himself in the Miluo River in Hunan Province to protest the then corrupt kingdom. Residents take part in a Zongzi making competition in Zhoushan, east China's Zhejiang Province, May 28, 2009, to celebrate the Chinese traditional Duanwu Festival, also known as the Dragon Boat FestivalPeople also eat glutinous rice dumplings wrapped in bamboo leaves, or called zongzi, to observe the festival. Legend has it that people drop zongzi into the water to feed Qu Yuan's spirit. Others say that they are meant to keep fish from feeding on Qu's body.     VARIOUS ACTIVITIES     On Thursday, dragon boat races were organized in many places across the country.     To mark the event, the 2009 National Dragon Boat Month and the Fourth China International Dragon Boat Tournament kicked off on the Miluo River. Ten domestic teams and an American team joined the competition. Chinese folk artists perform lion dance to mark the Duanwu Festival, also known as the Dragon Boat Festival, in Baoshan, east China's Shanghai Municipality, May 28, 2009."Our fishermen members have been making use of the fishing ban period from late January to September to have dragon boat race training," said Jin Fangming, coach for the team from eastern Jiangsu Province.     In southern Guangdong Province, 68-year-old farmer Yao Songjie in Yangqi Village joined a boat race with dozens of other participants .     "This is an activity we farmers love most," he said before the race began. Chinese folk artists perform for local residents to mark the Duanwu Festival, also known as the Dragon Boat Festival, in Taiyuan, capital city of north China's Shanxi Province, May 28, 2009. The Duanwu Festival falls on May 5 of Chinese lunar calendar. This year's Duanwu festival falls on Thursday.It is generally believed that the Duanwu Festival is marked to remember to Qu Yuan, one of the greatest ancient Chinese poets who drowned himself in the Miluo river to protest the corrupt court.

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BEICHUAN, Sichuan, April 26 (Xinhua) -- Bride Deng Ling supported a sapling upright while her sweetheart Li Jun bowed to spade earth into the pit carefully, expecting happiness in their coming marriage life.     With tears running down her face, 38-year-old Deng made a wish: "We plant the sapling and hope it will bring fruit and happiness to us." Twenty new couples attend a group wedding at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009Deng and Li were among the 40 people who lost their spouses in the May 12 earthquake last year. They tied the knot at a group wedding on Sunday in the worst hit Beichuan County in China's southwestern Sichuan Province.     The wedding service, funded by the local government, was held in accordance with the folk customs of the Qiang ethnic group in Beichuan. The county lost two-thirds of its population in the quake. Bride Zhang Li and bridegroom Tang Jiyao drink at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009. Twenty new couples held group wedding here on SundayThe magnitude-8.0 quake hit southwest China, including most parts of Sichuan, and killed more than 69,000 people. It also left nearly 18,000 missing, more than 374,000 injured and millions homeless.     On Sunday, the 20 couples planted 20 trees at the wedding ceremony to appreciate the caring from others and expect happiness in their own life, according to the wedding organizer.     A gun salute was included in the ceremony to express the Qiang people's hospitality and their blessings to the new couples, said Chen Xingchun, Communist Party chief of Beichuan, the country's only Qiang autonomous county. Twenty new couples parade as they hold group wedding at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009. Twenty new couples held group wedding here on Sunday. Tang Jirao, another bridegroom, held fast to the hands of Zhang Li, his bride, in the 30-minute wedding ceremony.     "It's a bit cold today, and his hands are warm," Zhang explained with a shy smile.     Having lost his wife in the earthquake, Tang was introduced to Zhang Li, a primary school teacher, in October 2008.     At the first sight of Tang, Zhang found her liked the man. A new couple is surrounded by journalists at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009. Twenty new couples held group wedding here on Sunday"He gave me the feeling that he was reliable, though he spoke little," said Zhang.     Like many other who lost their family members, Tang was reluctant to think of the past.     "I was afraid to stay alone, and I kept myself busy so that I would be exhausted and fall asleep," said Tang, deputy head of Leigu Town. Bridegroom Tang Zhiguo (R) and his bride walk to attend wedding at the Jina Qiang Ethnic Minority Village of Beichuan County, southwest China's Sichuan Province, April 26, 2009. Twenty new couples held group wedding here on Sunday"I even thought that my life would be ending that way," said the 51-year-old man, "till I was introduced to Zhang Li by my family members."     According to the Qiang custom, new couples should sing love ballads at the wedding ceremony, and shelled corns and millets will be spread on the crowds, which is believed to bring fortune to the new couples.     Bridegroom Yang Changbin pulled his wife Zhou Xiaohong out of the crowd, and found her a seat.     "I was a cab driver, and now stay at home and take care of Zhou. She was hurt in the waist in the quake," said Yang.     "I will return to work as she turns better, and she will start a small business like a canteen."     Leaning her head on Yang's shoulder, Zhou said: "We plan to have a baby, so we can have a real home."     Yang's face beamed with broad smile. "Today is the most important day for me after the quake, also a happy start in the rest of my life."

CHENGDU, June 3 (Xinhua) -- Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd. (Tengzhong), a private Chinese firm who has struck a preliminary deal with General Motors Corp. (GM) for the premium SUV brand Hummer, said Wednesday it has no plan to manufacture Hummer in a Chinese plant. "Rather than setting up a plant in China, Tengzhong will use the current facilities including their employees in the United States," said Zhao Xiaolu, spokesman for the ongoing transaction for Tengzhong, a leading manufacturer of road, construction and energy industry equipment based in southwest China's Sichuan Province,     Zhao works for the Brunswick Group, which is handling the public relations matters for the Tengzhong deal. Tengzhong's managers were not available for comment on the transaction, which was disclosed Tuesday, a day after GM filed Chapter 11 bankruptcy. File photo taken on March 11, 2009 shows Hummer CEO James Taylor (R) presenting a Hummer model to a local official in Deyang, southwest China's Sichuan Province. U.S. automaker General Motors Corp., a day after filing Chapter 11 bankruptcy, has a tentative deal to sell its Hummer brand to Chinese-based Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd., the automaker said on June 2.     According to an overall restructuring plan, the U.S. based automaker GM will shed off its none-core assets including Hummer, Saturn, Saab and Pontiac.     The preliminary deal allows Tengzhong to keep the management and operational team along with the Hummer brand, and secure more than 3,000 jobs in the United States. The Chinese buyer will also assume existing dealer agreements relating to Hummer's dealership network.     Tengzhong CEO Yang Yi said in a statement Tuesday that the company will "allow Hummer to innovate under the leadership and continuity of its current management team".     James Taylor, Hummer chief executive officer, went to Chengdu City and Deyang City, Tengzhong's current base and new base under construction, to discuss project cooperation with local officials in March.     "This transaction, if successful," said Taylor in a statement Tuesday," will allow us to embark on a more aggressive global expansion, ensuring a successful future with our new partners."     According to Zhao, Tengzhong will use internal fund and bank loan to make the transaction, which will be a "strategic move for the company to expand into the premium off-road vehicle segment". Formed in 2005 through a series of mergers, Tengzhong currently has more than 4,800 employees.     "It is probably more attractive for Chinese enterprise like Tengzhong to learn from the foreign brand's past successful experience in research, design, marketing and service," said Guo Guoqing, a professor with the School of Business, Renmin University of China.     Xu Zhaohui, head of the Sichuan Provincial Department of Commerce, said the officials will "strive to serve the transaction", which is expected to close in the third quarter of this year and is subjected to customary closing conditions and regulatory approvals.     In recent years, there have been several headline purchases of foreign auto brands by Chinese enterprises. A Hummer is on sale at a dealer in Flint, Michigan, the United States, May 30, 2009. General Motors Corp (GM) announced on June 2 that it has entered into a memorandum of understanding (MoU) with a buyer for HUMMER, its premium off-road brand, a day after it filed for bankruptcy protectionIn 2004, Shanghai Automotive Industry Corporation Group (SAIC)purchased 48.9 percent equity of Ssangyong Motor, the fourth largest automaker in the Republic of Korea (ROK). In 2005, Nanjing Automotive bought collapsed British brand MG. And this March, China's largest independent carmaker Geely Automobile acquired Drivetrain Systems International, the world's second largest auto transmission supplier.     "Acquisition of overseas brands by Chinese enterprises could help these brands go over operational dead end, and expand in the vast Chinese market," said Guo.     All the world's main auto markets are in decline except form China. In the first quarter, almost 2.68 million vehicles were sold in China, which marked a 3.88 percent increase year on year.     However, not all foreign auto brands revived under Chinese management. In February, a Seoul court granted Ssangyong Motor bankruptcy protection. SAIC was deprived of management control despite its 51 percent ownership.     "Declining asset prices amid the financial crisis do not always mean a good bargain for the buyer," said Zhang Zhiyong, the chief adviser on auto market with Mingyuan Consultancy in Beijing, "a Chinese automaker should choose a foreign brand with conforming strategy and similar culture for possible acquisition."     The fuel-hungry brawny Hummer also pose new challenges for Tengzhong to control cost and boost competitiveness after takeover. Statistics from local vehicle management section showed that Hummer vehicles are only owned by about 10 people in Sichuan's capital Chengdu currently.     "We will be investing in the Hummer brand and its research and development capabilities," said Yang Yi in a Tuesday statement, " which will allow Hummer to better meet demand for new products such as more fuel-efficient vehicles."  (Xinhua reporters Yan Sanjun, Guo Xin, Cheng Xie and Chen Kai also contributed to this story)

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MILAN, Italy, May 19 (Xinhua) -- China's top legislator Wu Bangguo said here on Tuesday that China and Italy should explore new areas of cooperation as they face major opportunities in addressing the grim challenges of the international financial crisis.     Wu is the first chairman of the Standing Committee of the National People's Congress (NPC) who has visited Italy since 1997.He arrived in Milan on Monday evening for an official goodwill visit. Wu met with Roberto Formiconi, president of Lombard Region of Italy on Tuesday.     During the meeting, Wu said as one of the most economically vigorous regions in Italy, the Lombard Region is leading the country in carrying out cooperation with China. Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress, the country's top legislature, meets with Roberto Formiconi, president of Lombard Region of Italy, in Milan May 19, 2009    Wu said the international financial crisis has posed grim challenges to world economy. But at the same time, it has brought about major opportunities for expanding cooperation between China and Italy.     Wu expressed the hope that the two sides could explore new areas of cooperation in face of the challenges and step up cooperation in such fields as scientific research, clean energy and environment protection.     Formiconi said the local government and people of the Lombard Region cherish friendly feelings toward the Chinese people. He expressed appreciation of China's active response to the financial crisis, saying that China's development is encouraging and provides fresh air to the world.     Formiconi said the Lombard Region is ready to strengthen cooperation with China in such fields as economy, technology, energy efficiency, environment protection, education and tourism. He welcomes more and more Chinese companies to invest in the region.     On the 2010 Shanghai World Expo, Wu said the event is a new bright spot in China-Italy cooperation. Noting that the Shanghai World Expo is yet another global event in China after the 2008 Beijing Olympic Games, Wu said the Chinese government and the local government of Shanghai have received assistance from Italy and other members of the international community in preparing for the event.     Wu expressed the belief that the Shanghai World Expo will leave a wonderful record on the history of the event.     Milan has won the bid to host the 2015 World Expo. It has signed a memorandum of cooperation with Shanghai on staging the World Expo.     Wu hopes that the two sides could utilize this platform to expand exchanges and cooperation so as to add new vigor to China-Italy relations.     Formiconi expressed the willingness to actively participate in the Shanghai World Expo, which he regards as an important area of cooperation between the two sides. He hopes to learn the experience of Shanghai in hosting the World Expo.