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CARTAGENA, Colombia, Feb. 15 (Xinhua) -- Visiting Chinese Vice President Xi Jinping Sunday held talks with Colombian President Alvaro Uribe in the northern Colombian port city of Cartagena.     Xi first transferred the sincere regards of Chinese President Hu Jintao and Premier Wen Jiabao to Uribe, and expressed his thanks to Uribe for specially coming here to meet the Chinese delegation. Visiting Chinese Vice President Xi Jinping meets with Colombian President Alvaro Uribe in Cartagena, a port city of Colombia, on Feb. 15, 2009Xi said the two peoples have enjoyed long friendship, which is deep-rooted in their hearts, despite the long distance between the two countries.     He mentioned Uribe's visit to the Chinese embassy last May to mourn the victims in the devastating quake in Sichuan province in southwestern China, and the Colombian government's statement to express its condolences to the victims.     He also said that after Colombia was struck by severe floods not long ago, the Chinese government provided aid to the South American country. Visiting Chinese Vice President Xi Jinping meets with Colombian President Alvaro Uribe in Cartagena, a port city of Colombia, on Feb. 15, 2009These moves reflected the deep friendship between the two peoples, said Xi, who arrived in Colombia Saturday for a three-day visit.     He said bilateral relations have made great headway in recent years under the care of the two countries' leaders.     In November, President Hu reached consensus with Uribe on deepening bilateral sincere and friendly political ties, strengthening mutually beneficial, win-win and practical cooperation, increasing civil exchanges, and boosting multilateral coordination and cooperation, Xi said.     The consensus is the principle and direction for the development of bilateral ties in the following period of time, he added.     Xi said next year will mark the 30th anniversary of the establishment of bilateral diplomatic relations, and bilateral ties will enter a mature period that enjoys full-scale development.     He said both sides should seize this opportunity to fully implement the consensus reached by the two countries' leaders and focus on the work in the following four fields:     -- to increase mutual trust in political affairs, deepen their sincere friendship, and care each other's concerns;     -- to make use of the advantage of mutual complementarity, expand bilateral trade, and promote trade balance;     -- to broaden cooperation fields, actively explore new fields and ways for mutually beneficial cooperation, and meet the new demands of common development;     -- to encourage investment and cooperation in various forms and promote the level of bilateral practical cooperation, with the Chinese government encouraging and supporting Chinese companies to carry out trade, economic and investment activities in Colombia.     For his part, Uribe asked Xi to convey the Colombian people's greetings to President Hu and the Chinese people.     Colombia attaches great importance to its relations with China and has always cherished friendly feelings for China, he said, adding that the Colombian government and people have very much looked forward to Xi's visit and are satisfied with the growth of bilateral relations in recent years.     Uribe recalled last year's signing of the bilateral investment protection agreement which he and President Hu had witnessed, saying it is a notable sign of the development of cooperation between Colombia and China.     Uribe expressed gratitude to the Chinese government for its assistance to Colombia and voiced appreciation for China's accession into the Inter-American Development Bank, which he believes will help strengthen Colombia-China relations.     Chinese enterprises are warmly welcomed to invest in and trade with Colombia, which has rich natural resources and a steadily-growing economy, he said.     Noting that Colombia is impressed by the efforts China made to cope with the global financial crisis and stimulate economic growth, Uribe expressed his belief that China is an engine of the world economy and its development and growth pace are key to a quick recovery of the world economy from the financial crisis.     Colombia stands ready to broaden its cooperation with China and push their relationship to new heights, he said.     Colombia is the third leg of Xi's six-nation tour. He has already visited Mexico and Jamaica and will also visit Venezuela, Brazil and Malta.

BEIJING, April 2 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Thursday warned the need to find jobs for college graduates was "crucial".     "The employment situation of college graduates remains grave," he told a video conference held by the State Council, the Cabinet.     More than 6 million college students were leaving school in just three months and the employment rate was generally lower than previous years, Zhang said without elaborating.     China has 6.11 million college students due to graduate this year, and 1 million from last year are still looking for jobs, according to the Ministry of Human Resources and Social Security.     Graduates are having a hard time finding jobs this year as posts are being axed due to the economic slowdown.     Zhang urged government organs, government-sponsored institutions, and state-owned enterprises to hire as many people as last year, and small and medium-sized and private companies to employ college graduates.     The State Council unveiled in February a series of measures to boost employment of college graduates, calling on them to be more flexible.     The measures included encouraging graduates to work in rural areas, in grassroots urban communities, and in smaller enterprises, asking research institutions to recruit graduates, and stepping up support for graduates starting up their own businesses.     Zhang asked local government departments to work out detailed and feasible measures and make efforts to publicize the measures this month.     Government departments and higher learning institutions should provide comprehensive services to graduates by offering advice, giving aid to the poor, and maintaining a sound employment market, he said.

MEDELLIN, Colombia, March 29 (Xinhua) -- China's membership in the Inter-American Development Bank (IDB) will broaden cooperation between China and Latin America, China's central bank governor Zhou Xiaochuan said here Saturday.     Closer bilateral cooperation will enhance their ability to jointly tackle the ongoing financial crisis, Zhou told an IDB meeting in Medellin. Chinese Central Bank Governor Zhou Xiaochuan attends the Inter-American Development Bank (IDB) meeting in Medellin, Colombia, March 28, 2009. Zhou on Saturday urged for international financial reforms in the face of the global economic downturn. He added that China, as a new member, is willing to share development experience and enhance trade relations with Latin America.     South-South cooperation is all the more important amid the current financial crisis, and China will expand its trade with and increase its investment in Latin American countries after it joined the IDB, he said.     Two-way trade between China and Latin America has grown at an average annual rate of 40 percent in recent years, hitting a record high of 143.3 billion U.S. dollars in 2008.     China joined the IDB as its 48th member country in January this year. Zhou is here for the 50th annual meeting of the IDB, scheduled for March 27-31 in the Colombian city of Medellin.     The IDB group, founded in 1959 and headquartered in Washington D.C., is the oldest and largest regional inter-governmental development financial institution. It is aimed to promote economic and social development in Latin America and the Caribbean.

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BERLIN, Feb. 25 (Xinhua) -- A Chinese business delegation, led by Commerce Minister Chen Deming, signed here on Wednesday a total of 37 procurement deals worth around 11 billion euros (14 billion U.S. dollars) with German companies.     According to Chen, the 37 deals are composed of two parts -- purchasing contracts, and cooperation agreements which need further negotiations.     The deals focus on engineering equipment, electronics and auto vehicles like Mercedes and BMW, Chen told a press conference.     A draft deal obtained by Xinhua showed that the Chinese side agreed to buy around 37,000 BMW cars and Mini worth 2.2 billion U.S. dollars, as well as 27,000 units of Mercedes cars.     Chen revealed that apart from the current 200-member delegation, China would send more entrepreneurs to Germany to discuss further investment in both countries.     Germany is one of China's important trading partners within the European Union (EU). In 2008, the Sino-German trade hit 115 billion U.S. dollars. Despite the world economic crisis, China and Germany have vowed to maintain the trade volume unchanged this year.     Prior to the deal-signing ceremony, more than 450 Chinese and German business representatives attended a forum on exploring cooperation opportunities.     Chen and German Economic Minister Karl-Theodor zu Guttenberg condemned trade protectionism that has cropped out amid the global economic crisis.     Chen said the procurement deals reflect China's sincere objection to trade protectionism, adding that opening the market is the proper approach to address the global economic recession.     Guttenberg lauded China's procurement, and joined Chen to slap trade protectionism.     The 37-year-old minister said Germany and China are top two exporters in the world, noting that trade protectionism is a "wrong answer" to the current global financial crisis.     Germany and China should join hands to facilitate the Doha round talks, he added.     Later on Wednesday, the Chinese delegation, composed of over 200 business representatives, flew to Zurich of Switzerland to continue their procurement tour.

BEIJING, March 29 (Xinhua) -- Chinese Vice Premier Wang Qishan has called on the international community to "act together" at the upcoming London summit to get through the global financial crisis, in an article published by the British newspaper The Times on Friday.     In the article entitled "G20 must look beyond the needs of the top 20," with a subtitle "China believes the developing world should have a stronger say in how the international financial system is run," Wang urged all heads of states to be present at the G20 London summit to "act together to get through the time of hardship."     After the financial crisis broke out, China was quick to put in place a decisive plan to boost domestic demand, advance economic restructuring and improve people's well-being, which have started to produce results, said the vice premier.     However, the Chinese economy still faces severe challenges, including to meet the demanding goal of maintaining economic growth by boosting domestic demand, ensuring employment and readjusting the economic structure. China also has to cope with shrinking external demand caused by the global economic downturn and trade and investment protectionism, Wang said.     "China will continue to take forceful measures to maintain steady and fast economic growth and contribute its share to an early recovery of the world economy," Wang pledged in the article.     Since the G20 summit in Washington last year, said Wang, China has provided a lot of assistance and support through a variety of means to a number of countries and regions, and played a part in the creation of significant Asian and global economic and trade initiatives.     The Chinese leader stressed the significance of the international community to enhance coordination and cooperation to overcome the current difficulties.     "Efforts should be made to expand trade and investment cooperation to bolster economic growth, step up cooperation among small and medium-size businesses to ensure employment stability, and strengthen cooperation in energy conservation and emissions' reduction, environmental protection and development of new energy technologies to nurture growth points for the world economy," Wang suggested.     He firmly rejected trade and investment protectionism of all kind. "The international community should recognize that the trend towards economic globalization is irreversible and should take credible steps to reject all forms of trade and investment protectionism," he said.     Wang also called on the international financial system to be reformed, "with the focus on readjusting the governance structure of international financial institutions and increasing the representation and voice of developing countries." He asked the London summit to set a clear goal, timetable and road-map for such reform.     To prevent similar crisis from happening again, Wang, also a Chinese economic expert, suggested prudent regulation of all financial markets and institutions involved to be tightened and regulatory coordination and cooperation at both the regional and international levels to be increased.     On the hot topic of increasing financial resources for the International Monetary Fund (IMF), he said China supports the increase as far as the fund is safe and reasonable returns can be ensured.     "China is ready to play an active part in exploring ways to raise resources and will contribute to this effort within its ability," Wang said. He asked the IMF to mobilize resources through the "quota-based" system as well as voluntary contributions, striking a balance between the rights and obligations of the contributing countries.     As a return, said the Chinese vice premier, the IMF must enhance capacity-building, reform governance structure and ensure that the resources play a significant role in easing the international financial crisis and countering the global economic downturn. China inclines to see the resources mainly to be used to help developing countries which are seriously hit by the crisis, Wang said.     Leaders of the world's 20 largest economies will meet in London on Thursday to discuss, among other things, a coordinated response to the current global financial crisis

BEIJING, April 11 (Xinhua) -- Credit extended by China's banks in the first quarter hit 4.58 trillion yuan (670 billion U.S. dollars), the People's Bank of China (PBOC) said Saturday.     In March alone, new yuan-denominated loans increased 1.89 trillion yuan. It was the third straight month that new loans exceeded 1 trillion yuan.     "It is not beyond market expectations. The increase was boosted by the 4-trillion-yuan stimulus plan and showed the possibility of a faster economic recovery in China compared with other countries," said Zhang Qizuo, vice director of China International Economy Society.     Premier Wen Jiabao said on March 5 at the opening of the annual session of the National People's Congress, China's legislature, that new yuan-denominated loans this year were expected to reach 5 trillion yuan.     Historical data show the first-quarter bank credit usually accounts for more than 60 percent of the year's total.     "There is a time lag between the credit increase and actual use of capital, but the big increase will surely lay a solid foundation for the recovery of the real economy," said Zhang.     In the first quarter, the central bank withdrew 47.3 billion yuan from circulation, 78.5 billion yuan more than the same period of last year.     "The increase in currency withdrawal from circulation showed the central bank was carefully watching the credit growth," said Yuan Gangming, an economist with Tsinghua University.     Zhuang Jian, an economist at the Asian Development Bank, said the regulators should pay attention to the quality of new loans and prevent bad loans.     By the end of February, non-performing loans by Chinese banks totaled 1.53 trillion yuan, 17.5 billion yuan less than the start of the year.     The structure of credit growth was also improving. The proportion of bill financing fell to about 22 percent in March from 47 percent in February, though still much higher than the average of 5 percent.     "The decline in bill financing is a good sign. It means company activities are increasing and the credit's impact on the economy is strengthening," said Zhuang.     Through March, the M2 figure -- a broad measure of money supply,which covers cash in circulation and all deposits -- grew 25.5 percent from a year earlier to 53.06 trillion yuan.     The narrow measure of money supply, M1 (cash in circulation pluscorporate current deposits), was up 17.04 percent year on year to 17.65 trillion yuan.     "The fast rebound of M2 indicates China's liquidity is abundant. This is very important to the economic recovery. The sharp rise of M1 shows companies are increasing spending on investment and management." said Zhang Bin, an economist with Chinese Academy of Social Sciences.

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WASHINGTON, March 19 (Xinhua) -- The United States and China on Thursday agreed to continue to use and further develop those regular exchange mechanisms established before to facilitate parliamentary exchanges between the two countries.     The consensus was reached during a meeting between Speaker Nancy Pelosi of the U.S. House of Representatives and a delegation of China's National People's Congress (NPC), headed by Chairman Li Zhaoxing of the NPC Foreign Affairs Committee.     Both sides spoke positively of the important roles that the Congress and NPC have played in the growth of China-U.S. relationship through inter-parliamentary exchanges and cooperation.     The two sides also exchanged views over issues of common concern such as energy and climate change.

TAIYUAN, Feb. 24 (Xinhua) -- Governor of Shanxi Province Wang Jun on Tuesday made an apology to victims and their families over the gas blast at the Tunlan coal mine that left 74 people dead and 114 others injured.     "The blast caused huge loss of life and property ... We say sorry to the victims and their families," said the senior official.     As he spoke at the investigation team meeting tears choked his eyes several times.     The Shanxi provincial committee of the Communist Party of China(CPC) and the provincial government have made a formal admission of error to the CPC Central Committee, the State Council and the State Administration of Work Safety, according to Wang. Governor of Shanxi Province Wang Jun (R) wipes tear as he makes an apology to victims and their families over the gas blast at the Tunlan coal mine that left 74 people dead and 114 others injured, in Taiyuan, north China's Shanxi Province on Feb. 24, 2009. Shanxi will start a one-year campaign on work safety of state-owned and collectively-owned mines as of March 1, he added.     Wang, who had been appointed the head and Party chief of the State Administration of Work Safety in March last year, was elected as the governor of Shanxi Province in January.     Wang served as the acting and deputy governor of the coal-rich province in north China since mid-September last year when Meng Xuenong resigned from the post of governor in the wake of a deadly mud-rock flow that killed at least 277 people.Tears well up as governor of Shanxi Province Wang Jun makes an apology to victims and their families over the gas blast at the Tunlan coal mine that left 74 people dead and 114 others injured, in Taiyuan, north China's Shanxi Province on Feb. 24, 2009.

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SANYA, April 17 (Xinhua) -- Chinese Premier Wen Jiabao met here Friday with Kazakhstan's President Nursultan Nazarbayev and discussed the measures to withstand the impact of the global financial crisis.     The two leaders, who were in the city of Sanya for the 2009 meeting of the Boao Forum for Asia (BFA) in south China's Hainan Province, expressed willingness to make concerted efforts to cope with the crisis. Chinese Premier Wen Jiabao (R) meets with Kazakhstan's President Nursultan Nazarbayev in Sanya, south China's Hainan Province, April 17, 2009. Nazarbayev arrived here to attend the Boao Forum for Asia (BFA) Annual Conference 2009 which would be held in Boao, Hainan from April 17 to 19Wen spoke highly of the rapid development of the China-Kazakhstan strategic partnership.     Wen put forward a four-point proposal on enhancing Sino-Kazakh cooperation to tide over the difficulties. He said the two countries should:     -- take effective measures to maintain the growth of bilateral trade;     -- fulfill previous agreements and give priority to the cooperation in the energy and resources sectors;     -- reinforce financial and investment cooperation to ensure smooth implementation of major cooperation projects;     -- promote cooperation in the non-resources field, such as infrastructures, so as to forge a more dynamic bilateral trade relation.     Nazarbayev said the two countries had signed a series of cooperative documents during his visit, which fully reflected the common will of the two nations to jointly resist the financial crisis and China's strong support to Kazakhstan.     He believed that China would certainly be able to cope with the challenges, which was crucial for strengthening the international effort in combating the crisis.     Kazakhstan agreed with China's tentative plan on enhancing economic and trade cooperation between the two countries and was ready to work with China to boost cooperation in such sectors as oil and gas, agriculture, technology innovation, finance and transportation, he said.     The BFA, established in 2001, is a high-level forum where governments, businesses and scholars promote regional economic integration and bring Asian countries closer to their development goals.     Under the theme "Asia: Managing Beyond Crisis," more than 1,600participants will discuss how to cope with the international financial crisis.

BEIJING, March 2 (Xinhua) -- China's top political advisory body is to start its annual session Tuesday, with the focus on addressing global financial crisis. The Second Session of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) will open Tuesday afternoon and last nine days, said spokesman for the session Zhao Qizheng at a press conference Monday.     The session's secretariat said political advisors have submitted 296 proposals as of 5 p.m. Monday, with economy, employment and infrastructure being the main concerns as the global financial crisis unfolded. Zhao Qizheng, spokesman of the Second Session of the 11th Chinese People's Political Consultative Conference (CPPCC) National Committee, answers questions from journalists during a news conference on the CPPCC session at the Great Hall of the People in Beijing, capital of China, March 2, 2009. The Second Session of the 11th CPPCC National Committee is scheduled to open on March 3, 2009.    Members of the CPPCC National Committee have shown great concerns about the economy. Some of them are optimistic about the goal of an 8-percent economic growth this year while others think it is difficult to realize, Zhao said.     China can achieve the goal through its efforts, said Zhao. China must try all means to ensure stable and rapid economic development and strive for the target in order to ride through the crisis, as the country's political advisors all agree.     Jia Qinglin, chairman of the 11th CPPCC National Committee, will deliver a report on the work of the CPPCC National Committee's Standing Committee over the past year, while Zhang Rongming, vice-chairwoman of the 11th CPPCC National Committee, will report how the suggestions and proposals from CPPCC members were handled since the last session, Zhao said. China's top political advisory body, the National Committee of the Chinese People's Political Consultative Conference (CPPCC), holds a press conference before its annual session at the Great Hall of the People in Beijing, capital of China, March 2, 2009.CPPCC National Committee members, coming throughout the country, are expected to discuss the report on government work by Premier Wen Jiabao, reports on the work of the Supreme People's Court and Supreme People's Procuratorate, he said.     During the session, the political advisory body will hold two press conferences on the proposals on how to achieve steady and relatively fast economic growth and the World Expo in Shanghai next year.     A total of 2,235 political advisors are expected to attend the session.