China to Conduct Another Manned Space Mission
China is going to conduct another manned space mission by 2012 Sino-German Strategic Partnership to Further Intensified
Jia Qinglin's visit will inject new vitality to Sino-German relations by increasing common agreements and friendships
Shenzhou-8 Spacecraft Due to Take Off
China has been ready to launch its spacecraft Shenzhou-8, which is due to blast off in northwestern desert area
President Hu to Attend G20 Summit
Chinese President Hu Jintao will pay a state visit to Austria and attend the G20 summit
BEIJING-- China on Saturday welcomed a World Trade Organization (WTO) panel ruling that rejected anti-dumping measures imposed by the European Union (EU) on leather shoes imported from China.
Shen Danyang, spokesman for the Ministry of Commerce (MOC), said China urged the EU to respect the WTO panel's recommendations and remove as soon as possible the discriminatory measures and legislation inconsistent with the WTO rules.
"China looks forward to the EU treating Chinese exporting companies fairly and maintaining a normal Sino-EU trade relationship," he said.
The MOC spokesman's remarks came one day after a WTO panel largely backed China in a complaint about EU import tariffs on Chinese footwear.
In the ruling, the WTO panel told the EU to bring its method on calculating anti-dumping duties into conformity with WTO rules and said the EU anti-dumping moves had violated WTO law.
The WTO panel said the EU falsely applied WTO clauses concerning anti-dumping during its investigation of imported footwear from China and acted against WTO rules on transparency.
From 1995 to 2005, the EU controversially imposed a 10-year quota restriction on footwear imports from China and began implementing anti-dumping measures against footwear imports from China for two years from October 2006.
After the anti-dumping measures expired in October 2008, the EU started a review of the policies and extended such measures for another 15-month term beginning on December 22, 2009, despite China's objections.
China referred the dispute to the WTO on February 4 last year. Upon receiving China's complaint, the WTO established a team on May 18 last year to investigate the case.
China, Europe sail in same boat amongst world's economic tumults
BEIJING, Oct. 31 (Xinhua) -- China and Europe, facing a world with drastic economic storms in some regions, should uphold the spirit of sailing in the same boat, agree to differ, strengthen their ties, and stand out as two important players in ensuring world stability and prosperity.
Chinese President Hu Jintao arrived in Vienna Sunday on a four-day state visit to Austria in Central Europe, and will attend the sixth G20 summit, to be held in the southern French city of Cannes from Nov. 3 to Nov. 4.
It is the first visit by a Chinese president to Austria in 12 years. During the trip, the two sides will ink seven intergovernmental framework agreements, covering economy and trade, environmental protection, water conservancy, education and culture.
The visit underscores the importance China attaches to its ties not only with Austria but with the whole European continent, which Chinese leaders have frequently visited.
Confronted with a volatile world, China and Europe, as two heavyweights on the international arena, have every reason to boost mutual understanding, and coordinate and cooperate in a variety of major issues, as major turbulence and violence in our Global Village will harm the fundamental interests of both China and Europe.
If the world is likened to a gigantic ship, no one can escape unscathed if the ship capsizes among severe economic storms.
The European sovereign debt crisis, eclipsing the chronic U.S. economic and financial maladies, recently has caught most spotlight.
The bailout plan approved by eurozone leaders on Thursday unquestionably will provide debt-ridden European countries with long-awaited ammunition to more forcefully fight the war against the debt crisis.
European leaders say they welcome any investment in their sovereign debts from other countries, including emerging economies.
China, as the world's second biggest economy and also an emerging economic powerhouse, has kept very close trade ties with the European Union (EU), as the EU is China's biggest trading partner, while China is the EU's second largest one. A stable European economy is in the interest of China.
The Chinese government has also said repeatedly that as a long-term investor in European sovereign debts, China will continue to support Europe and the euro.
This will create a win-win situation for China and Europe, as it will not only give firepower to European countries to combat the debt crisis, but diversify China's foreign exchange reserves and improve their safety.
China's positive response will also lessen the world's dependence on the U.S. dollar as the major global reserve currency and facilitate a shift toward a multipolar reserve system.
The upcoming G20 summit really offers a fresh and favorable opportunity for China and Europe to profoundly exchange views and effectively boost their cooperation, particularly in economic fields.
Both sides should seize the chance to act and achieve in the spirit of good partnership.
