Archive for ‘China alert’

26/11/2019

Chinese president meets United Russia party delegation

CHINA-BEIJING-XI JINPING-UNITED RUSSIA PARTY-MEETING (CN)

Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee, meets with a delegation of the United Russia party led by Chairman of the United Russia’s Supreme Council Boris Gryzlov at the Great Hall of the People in Beijing, capital of China, Nov. 25, 2019. (Xinhua/Li Tao)

BEIJING, Nov. 25 (Xinhua) — Chinese President Xi Jinping Monday met with a delegation of the United Russia party at the Great Hall of the People in Beijing.

The delegation, led by Chairman of the United Russia’s Supreme Council Boris Gryzlov, is in Beijing for the seventh meeting of the dialogue mechanism between the ruling parties of China and Russia held Monday.

Xi, also general secretary of the Communist Party of China (CPC) Central Committee, expressed congratulations for the success of the 19th congress of the United Russia party.

This year marks the 70th anniversary of the forging of diplomatic ties between China and Russia, said Xi.

“President Putin and I jointly announced the development of the China-Russia comprehensive strategic partnership of coordination for a new era, agreeing to guide bilateral relations in the direction of mutual support, in-depth integration and innovative cooperation to achieve win-win results,” said Xi.

He said China and Russia have formed strong strategic support for each other, which is of great strategic significance to world peace and development.

Saying that as ruling parties, the CPC and the United Russia party shoulder responsibilities to further promote China-Russia ties, Xi called on delegates to the seventh meeting of the dialogue mechanism to fully exchange views so as to contribute wisdom and strength to bilateral ties as well as world peace and prosperity.

Congratulating China on the fourth plenary session of the 19th CPC Central Committee, Gryzlov said Russia-China ties have reached an unprecedented level as the two countries have sound cooperation in various fields and good coordination in international and regional hotspot issues.

The United Russia party stands ready to enhance cooperation with the CPC to further promote bilateral ties, said Gryzlov.

The dialogue mechanism between the CPC and the United Russia party was launched in June 2009. Its sixth meeting was held in Kazan in March 2017.

Source: Xinhua

25/11/2019

Tuvalu: Pacific nation turns down Chinese islands and backs Taiwan

An aerial image of Funafuti, Tuvalu, on 15 August 2018Image copyrightGETTY IMAGES
Image captionTuvalu is battling rising sea levels

The tiny South Pacific nation of Tuvalu has rejected offers from Chinese firms to build artificial islands that would help it deal with rising sea levels, its foreign minister says.

Simon Kofe told Reuters he saw the offers as an attempt to reduce Taiwan’s influence in the region.

But he instead reaffirmed his country’s support for Taiwan.

China has increased efforts to expand its influence in the Pacific, alarming the United States and its allies.

Only 15 countries recognise Taiwan as a sovereign nation and have full diplomatic relations. A number of countries have switched their allegiance from Taiwan to China in recent years.

China refuses to have diplomatic relations with any country that recognises Taiwan.

In recent months Taiwan lost two allies in the region, when Kiribati and the Solomon Islands switched diplomatic recognition to China. Beijing has been accused of luring them in with the promise of financial aid and airplanes.

Media caption Tuvalu’s foreign minister discusses increasing pressure from China

Mr Kofe expressed his backing for Taiwan and said his nation was setting up a group to unite Taiwan’s four remaining Pacific allies – the Marshall Islands, Palau, Nauru and Tuvalu.

“We believe in the power of grouping together and collaborating,” he told Reuters news agency.

“Together with our partners, we will be able to counter the influence from mainland China.”

Mr Kofe said Chinese companies had approached local communities offering to help with a $400m (£310m) government plan to build artificial islands. He believes the companies were backed by the Chinese government.

“We are hearing a lot of information about debt,” he said. “China buying our islands and looking at setting up military bases in our part of the world. Those are things that are concerning to us.”

Beijing has proposed Taiwan operate under a “one country, two systems” structure, similar to Hong Kong.

Since Taiwan President Tsai Ing-wen took office in 2016, seven countries have dropped Taiwan as a diplomatic ally. The support from Tuvalu could help her as she seeks re-election in January.

Source: The BBC

23/11/2019

Germany’s BASF starts building $10-billion petrochemical project in China

BEIJING (Reuters) – German chemical giant BASF (BASFn.DE) has begun construction of its $10-billion (£7.8 billion) integrated petrochemicals project in China’s southern province of Guangdong, the company said in a statement on Saturday.
The project based in the city of Zhanjiang will be China’s first wholly foreign-owned chemicals complex, for which a framework agreement was signed in January.
It will primarily produce engineering plastics and thermoplastic polyurethane (TPU), and some petrochemical products widely used in automotive, electronics and new energy vehicles industries.
The project’s first phase is expected to be launched in 2022, with production capacity of 60,000 tonnes per year (tpy), taking BASF’s total capacity of engineering plastics and TPU to 290,000 tpy in the Asia-Pacific region.
The entire project is planned to be completed by 2030, the company said, making it the third-largest BASF site worldwide, following Ludwigshafen in Germany and Antwerp in Belgium.
BASF plans to employ a comprehensive smart manufacturing concept at the project, deploying automated packaging, high-tech control systems and automated guided vehicles, it added.
“(The project) will form a solid foundation for a world-class industrial cluster in Zhanjiang and establish stronger business connections between South China and other Asian countries,” Stephan Kothrade, a BASF regional official in China, said in the statement.
The project is “a signal showing China’s efforts of further opening-up are taking effect,” Chinese Premier Li Keqiang said, according to a central government website.
China would treat enterprises with all types of ownership structures, as well as domestic and foreign firms, equally and without discrimination, he added.
Source: Reuters
19/11/2019

China needs to divert more water to north to fight risk of drought, says premier

  • Li Keqiang tells senior officials to step up efforts to channel water from Yangtze River to arid regions
  • Impact of pollution and rising population has prompted increased efforts to improve efficiency and supply
A cement plant on the banks of the Yangtze in Chongqing. The authorities are now trying to stop further development along the river. Photo: Reuters
A cement plant on the banks of the Yangtze in Chongqing. The authorities are now trying to stop further development along the river. Photo: Reuters

China needs to divert more water to its arid northern regions and invest more in water infrastructure as shortages get worse because of pollution, overexploitation and rising population levels, Premier Li Keqiang has said.

China’s per capita water supplies are around a quarter of the global average. With demand still rising, the government has sought to make more of scarce supplies by rehabilitating contaminated sources and improving efficiency.

Water remained one of China’s major growth bottlenecks, and persistent droughts this year underlined the need to build new infrastructure, Li told a meeting of senior Communist Party officials on Monday. An account of the meeting was published by China’s official government website.

Local government bonds should be “tilted” in the direction of water infrastructure, he said, and innovative financing tools were also needed.

He also called for research into new pricing policies to encourage conservation.

Li said China’s water supply problems had been improved considerably as a result of the South-North Water Diversion Project, a plan to divert billions of cubic metres of water to the north by building channels connecting the Yangtze and Yellow rivers.

World ‘woefully unprepared’ for climate change’s effects on drinking water supplies drawn from mountains

He said opening up more channels to deliver water to regions north of the Yangtze River Delta would support economic and social development and optimise China’s national development strategy, according to a summary of the meeting on the government website.

China is in the middle of a wide-reaching programme to clean up the Yangtze River, its biggest waterway, and put an end to major development along its banks.

Chinese Premier Li Keqiang inspects an empty reservoir during a visit to Jiangxi province last week. Photo: Xinhua
Chinese Premier Li Keqiang inspects an empty reservoir during a visit to Jiangxi province last week. Photo: Xinhua

Local governments have been under pressure to dismantle dams, relocate factories and even ban fishing and farming in ecologically fragile regions.

But experts say the ongoing campaign to divert the course of the Yangtze to other regions is still causing long-term damage to the river’s environmental health.

Many cities that had polluted their own water sources had drawn replacement supplies from the Yangtze, exceeding the river’s environmental capacity, said Ma Jun, founder of the Institute of Public and Environmental Affairs, which monitors water pollution.

Beijing already relied on diversion channels from the Yangtze to supply 70 per cent of its water, but had done little to improve conservation or reduce per capita consumption, which was higher than many Western countries, he said.

“[Diversion] has caused so much suffering and needs so many dams to keep up supply, and that has impacted biodiversity,” he said.

Source: SCMP

15/11/2019

China signs 197 B&R cooperation documents with 137 countries, 30 int’l organizations

BEIJING, Nov. 15 (Xinhua) — China has signed 197 Belt and Road (B&R) cooperation documents with 137 countries and 30 international organizations by the end of October, the country’s top economic planner said Friday.

Apart from developing and developed economies, a number of companies and financial institutions from developed countries have collaborated with China to expand the third-party market as well, Meng Wei, a spokesperson for the National Development and Reform Commission (NDRC), told a news conference.

The construction of the China-Laos railway, China-Thailand railway, Jakarta-Bandung High-Speed Railway and Hungary-Serbia railway are making solid headway while projects including the Gwadar Port, Hambantota Port, Piraeus Port and Khalifa Port have gone smoothly, the NDRC said.

Meanwhile, the building of the China-Belarus industrial park, China-UAE Industrial Capacity Cooperation Demonstration Zone and China-Egypt Suez Economic and Trade Cooperation Zone is also forging ahead.

From January to September, China’s trade with B&R countries totaled about 950 billion U.S. dollars, and its non-financial direct investment in these countries topped 10 billion dollars, Meng said.

She noted that China has made bilateral currency swap arrangements with 20 B&R countries and established RMB clearing arrangements with seven countries.

In addition, the country has also made achievements with B&R countries in other sectors including technology exchange, education cooperation, culture and tourism, green development and foreign aid.

Source: Xinhua

15/11/2019

Xi urges BRICS countries to champion multilateralism

BRAZIL-BRASILIA-CHINA-XI JINPING-BRICS-SUMMIT

Chinese President Xi Jinping delivers a speech entitled “Together for a New Chapter in BRICS Cooperation” at the 11th summit of BRICS in Brasilia, Brazil, Nov. 14, 2019. The 11th summit of BRICS, an emerging-market bloc that groups Brazil, Russia, India, China and South Africa was held on Thursday in Brasilia. Brazilian President Jair Bolsonaro presided over the summit. Chinese President Xi Jinping, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa also attended the summit. (Xinhua/Li Xueren)

BRASILIA, Nov. 14 (Xinhua) — Chinese President Xi Jinping on Thursday called on the BRICS countries to undertake their due obligations in championing and practicing multilateralism.

Xi made the appeal in a speech entitled “Together for a New Chapter in BRICS Cooperation” at the 11th summit of BRICS, an emerging-market bloc that groups Brazil, Russia, India, China and South Africa.

Noting that the summit was held at a time when crucial developments are taking place in the world economy and international landscape, Xi pointed out that a new round of technological revolution and industrial transformation is in the ascendant, and the unstoppable rise of emerging markets and developing countries has injected strong impetus to the reform of the global economic governance system.

Nevertheless, there are also causes for concern, Xi said, referring to rising protectionism and unilateralism; greater deficit of governance, development and trust; and growing uncertainties and destabilizing factors in the world economy.

Faced with profound changes rarely seen in a century, Xi said, the BRICS countries should grasp the trend of the times, respond to the call of the people, and shoulder their responsibilities.

“We must remain true to our unwavering commitment to development and strengthen solidarity and cooperation for the well-being of our people and for the development of our world,” he said, before laying out a three-pronged proposal.

First, the BRICS countries should work to foster a security environment of peace and stability, he said, urging the five members to safeguard peace and development for all, uphold fairness and justice, and promote win-win results.

“It is important that we uphold the purposes and principles of the UN Charter and the UN-centered international system, oppose hegemonism and power politics, and take a constructive part in settling geopolitical flash points,” he said.

The BRICS countries should also maintain close strategic communication and coordination and speak in one voice for a more just and equitable international order, he added.

Second, the BRICS countries should pursue greater development prospects through openness and innovation, said the Chinese president.

The five-member bloc should deepen the BRICS Partnership on New Industrial Revolution, and strive for more productive cooperation in such fields as trade and investment, digital economy and connectivity, so as to achieve high-quality development, Xi said.

He called for the five countries to advocate extensive consultation, joint contribution and shared benefits in global governance, and push for reform of the global economic governance system.

The BRICS countries should stand firm against protectionism, uphold the WTO-centered multilateral trading system, and increase the voice and influence of emerging markets and developing countries in international affairs, Xi said.

The Chinese president also urged the BRICS member states to prioritize development in the global macro policy framework, follow through the UN 2030 Agenda for Sustainable Development and the Paris Agreement on climate change, and promote coordinated progress in the economic, social and environmental spheres.

Third, the BRICS countries should promote mutual learning through people-to-people exchanges and take their people-to-people exchanges to greater breadth and depth, said Xi.

Xi proposed to leverage “BRICS Plus” cooperation as a platform to increase dialogue with other countries and civilizations to win BRICS more friends and partners.

In his speech, the president also stressed that China will open up still wider. “We will import more goods and services, ease market access for foreign investments, and step up intellectual property protection. With these efforts, we will break new ground in pursuing all-dimensional, multi-tiered and all-sectoral opening-up in China,” he said.

China will continue to act in the principle of extensive consultation, joint contribution and shared benefits, and pursue open, green and clean cooperation within the framework of the Belt and Road Initiative, Xi said.

“We will continue to follow a high-standard, people-centered, and sustainable approach to promote high-quality Belt and Road cooperation with partner countries,” he said.

China, added the president, will stay committed to an independent foreign policy of peace and to the path of peaceful development, and continue to enhance friendship and cooperation with all other countries on the basis of the Five Principles of Peaceful Coexistence.

China is committed to working with Africa for an even stronger China-Africa community with a shared future, Xi said, adding that China will pursue closer cooperation with Latin America and the Caribbean (LAC) in various areas and build a China-LAC community with a shared future and common progress.

Meanwhile, China strives for an Asia-Pacific community with a shared future that features openness and inclusiveness, innovation-driven growth, greater connectivity, and mutually beneficial cooperation, Xi said.

“All in all, China will work with the rest of the international community toward the goal of building a new type of international relationship and of building a community with a shared future for mankind,” he said.

Source: Xinhua

13/11/2019

China sends five satellites into orbit via single rocket

CHINA-TAIYUAN-SATELLITE LAUNCH-NINGXIA-1 (CN)

The five new remote-sensing Ningxia-1 satellites are launched by a Long March-6 carrier rocket from the Taiyuan Satellite Launch Center in north China’s Shanxi Province on Nov. 13, 2019. The five Ningxia-1 satellites were sent into planned orbit here on Wednesday. The satellites are part of a commercial satellite project invested by the Ningxia Jingui Information Technology Co., Ltd. and will be mainly used for remote sensing detection. (Photo by Zheng Taotao/Xinhua)

TAIYUAN, Nov. 13 (Xinhua) — Five new remote-sensing satellites were sent into planned orbit from the Taiyuan Satellite Launch Center in north China’s Shanxi Province Wednesday.

The five Ningxia-1 satellites were launched by a Long March-6 carrier rocket at 2:35 p.m. (Beijing Time).

The satellites are part of a commercial satellite project invested by the Ningxia Jingui Information Technology Co., Ltd. and will be mainly used for remote sensing detection.

The satellites and carrier rocket were developed by the DFH Satellite Co., Ltd. and the Shanghai Academy of Spaceflight Technology.

Wednesday’s launch was the 318th mission for the Long March series carrier rockets.

Source: Xinhua

12/11/2019

Feature: Xi spearheads closer China-LatAm cooperation for common prosperity

MEXICO CITY, Nov. 12 (Xinhua) — China and Latin America sit on the opposite sides of the globe, but the formidably vast Pacific Ocean that separates them did not stop them from sharing a long history of exchanges.

Today, the major developing country in the East is forging an increasingly close partnership with the dynamic region in the Western Hemisphere, especially since Chinese President Xi Jinping took office in 2013, and set into motion what is now known as Xiplomacy.

In the past six years, Xi has visited 11 Latin American and the Caribbean (LAC) countries. On Tuesday, he is setting foot on the region for the fifth time as president, as he arrives in Brazil for the upcoming 11th BRICS summit.

Thanks in no small part to Xi’s push, the time-honored, distance-defying China-Latin America relationship is flourishing with new vitality. China has become the second largest trading partner of Latin America, while the latter is one of the fastest growing sources of exports to China. Two-way trade rose 18.9 percent year on year to 307.4 billion U.S. dollars in 2018.

GRAND VISION

Every time Xi visited Latin America, he reaffirmed China’s commitment to cementing bilateral friendship and expanding win-win cooperation.

His first trip to the region as head of state, in 2013, took him to Trinidad and Tobago, Costa Rica and Mexico. The following year saw him travel to Brazil, Argentina, Venezuela and Cuba.

It was in Brazil that Xi met with leaders from 11 LAC countries, and for the first time laid out his grand vision for building a China-Latin American community with a shared future.

“Let us seize the opportunities presented to us and work together to blaze new trails in building a community of shared destiny for common progress and usher in a bright future for the relations between China and Latin America and the Caribbean,” Xi said in a keynote speech at the first ever China-Latin American and Carribean Countries Leaders’ Meeting in 2014.

He then proposed a “1+3+6” cooperation framework to “promote faster, broader and deeper cooperation between the two sides for real results.”

The “1” refers to “one plan,” the Chinese-Latin American and Caribbean Cooperation Plan (2015-2019), formulated to promote inclusive growth and sustainable development.

The “3” alludes to “three engines” for driving practical cooperation for comprehensive development, namely trade, investment and financial cooperation.

The “6” means the six priority cooperation fields of energy and resources, infrastructure building, agriculture, manufacturing, scientific and technological innovation, and information technologies.

In 2016, Xi visited Ecuador, Peru and Chile. Two years later, he traveled to Argentina for the Group of 20 summit as well as Panama, a Central American country which established diplomatic ties with China in June 2017.

In a landmark speech at the Peruvian Congress in Lima in 2016, Xi expounded the significance of strengthening China-Latin America cooperation.

“With one fifth of the world’s total area and nearly one third of the world’s population, China and Latin America and the Caribbean are crucial forces for world peace and stability,” he said.

China, he added, “will increase sharing of governance experience and improve planning and coordination of macro policies with Latin American and Caribbean states to better synergize our development plans and strategies.”

Besides top-level engagement, Xi also reaches out to local people from all walks of life, in order to keep cementing the China-Latin America friendship and the public support for bilateral cooperation.

While in Costa Rica, Xi visited a family-run coffee plantation and tried some local brew. “I think some more coffee can well be exported to China,” Xi told his hosts with a smile.

Today, Costa Rica exports coffee to the Asian market, along with pork, dairy, pineapples and other high-quality agricultural goods, especially after the inauguration of the China International Import Expo in 2018.

NEW OPPORTUNITIES

With international cooperation within the framework of the Belt and Road Initiative (BRI) gaining steam worldwide, the Xi-proposed vision is creating new opportunities for China-Latin America cooperation.

The BRI, designed to promote common development along and beyond the ancient Silk Road trade routes, comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and the latter is closely connected to Latin America.

For two and a half centuries, from the mid-1500s to the early 1800s, galleons laden with Chinese silk, spices, porcelain and other goods sailed across the ocean to today’s port city of Acapulco on the Mexican Pacific coast.

Latin America is the natural extension of the 21st Century Maritime Silk Road, Xi said in a meeting with visiting Argentine President Mauricio Macri in May 2017.

In a congratulatory message to the second Ministerial Meeting of the China-Community of Latin American and Caribbean States (CELAC) Forum held in Chile on Jan. 22, 2018, Xi stressed that China and LAC countries “need to draw a new blueprint for our joint effort under the Belt and Road Initiative and open a path of cooperation across the Pacific Ocean that will better connect the richly endowed lands of China and Latin America and usher in a new era of China-LAC relations.”

During Xi’s visits, the Chinese president is always dedicated to better aligning the BRI — an open platform for cooperation — with the development plans of LAC countries.

In his meeting with Macri, Xi called for dovetailing the BRI with Argentina’s development strategy, expanding cooperation in such sectors as infrastructure, energy, agriculture, mining and manufacturing, and implementing existing major cooperation projects in hydro-power, railway and other fields.

Similarly, during the state visit to Panama in December 2018, Xi said the National Logistics Strategy of Panama 2030 and the BRI are highly compatible, calling on the two sides to synergize their respective development strategies, boost cooperation and promote connectivity.

So far, 19 LAC countries have signed BRI cooperation agreements with China. China-Latin America cooperation in various areas has effectively promoted local economic and social development, bringing visible and tangible benefits to the Latin American people.

Just as Xi said in his speech at the Peruvian Congress in 2016, “China will share its development experience and opportunities with the rest of the world and welcome other countries to board the express train of its development, so that we can all develop together.”

SOurce: Xinhua

11/11/2019

Spotlight: China-Brazil trade set to reach new heights

SAO PAULO, Nov. 11 (Xinhua) — Though separated by oceans and continents, China and Brazil have fostered deepening bilateral cooperation over the years, especially in  investment, trade and finance.

With the upcoming 11th BRICS summit in Brazil’s capital Brasilia, expectations are high for the development of closer ties between the two countries.

STRENGTHENING INVESTMENT

China and Brazil have bolstered investment ties in recent years, and the Asian country has become Brazil’s largest source of foreign investment.

The two countries are not only deepening cooperation in the traditional areas of agriculture, electricity, mining and infrastructure, but also fostering growth in new areas such as technology innovation and the digital economy.

Last month, Brazilian telecommunications giant Oi put Chinese company Huawei’s 5G technology to the test during a local music festival — the largest trial of the 5G technology in Brazil.

Chinese Internet giant Alibaba’s website AliExpress has become one of Brazil’s most popular cross-border e-commerce platforms. Chinese Internet company Tencent and mobile ride-hailing platform DiDi have also invested in Brazilian companies.

Finally, the participation of Latin American countries — including Brazil — in jointly building the Belt and Road will provide a great opportunity for these countries to enhance investment cooperation with China, said Oliver Stuenkel, an expert of international relations at Brazil’s Getulio Vargas Foundation.

INCREASING TRADE

Although the global economy is facing downward pressure, bilateral trade between China and Brazil has continuously climbed, as both countries are committed to opening up their markets.

China has been Brazil’s largest trading partner and largest export market for a decade. In 2018, bilateral trade hit a record 100 billion U.S. dollars, official data showed.

Cheese bread, Brazil’s favorite breakfast and snack food, is now available at cafeterias in China, thanks to the first China International Import Expo (CIIE) in Shanghai last year.

In May, Brazil’s leading cheese bread maker Forno de Minas shipped its first container of 10 tons of cheese bread to China, supplying cafeterias in Shanghai. Two months later, the bakery shipped a second batch of 18 tons to China.

Brazil is also dedicated to opening up by optimizing its business environment. Li Tie, general manager of the Brazilian branch of BYD, a leading Chinese manufacturer of electric vehicles and batteries, said that the Brazilian government has actively promoted pension and labor law reforms and is planning to carry out tax reforms.

China and Brazil should further enhance their economic and trade relations, which have been fruitful and mutually beneficial, said Sergio Segovia, president of the Brazilian Trade and Investment Promotion Agency.

FINANCIAL COOPERATION

The two countries have enhanced cooperation in the financial sector.

In September, the Brazil government relaxed restrictions on the establishment of financial institutions. Bank XCMG, affiliated to China’s Xuzhou Construction Machinery Group, has become the first foreign bank that was approved by Brazil’s central bank after the release of the new regulation, and the bank’s foreign shareholding ratio is as high as 100 percent.

Wang Yansong, XCMG’s vice president, said that Bank XCMG will carry out financial leasing and other services in Brazil and help companies reduce exchange rate risks and financing costs.

As cross-border trade grows, fin-tech companies from both countries have carried out in-depth cooperation, such as that between Brazilian financial payment company Ebanx and AliExpress, in providing consumers with cross-border payment solutions.

In 2018, Ebanx handled 35 million cross-border transactions related to Chinese merchants, said its co-founder and CFO Wagner Ruiz. He expressed the hope that the company can help Chinese merchants sell more in Latin America in the future.

The BRICS leaders’ meeting is an excellent opportunity for Brazil to deepen business, investment and financial cooperation with China and other BRICS countries, said Marcos Trojan, special secretary for foreign trade and international affairs of Brazil’s Ministry of Economy.

Source: Xinhua

08/11/2019

Xi Focus: Xi’s trip to Greece, Brazil to advance bilateral ties, BRICS cooperation

BEIJING, Nov. 7 (Xinhua) — Chinese President Xi Jinping’s upcoming visit to Greece and Brazil is expected to intensify China’s relations with the two countries and enhance BRICS cooperation, officials said here Thursday.

At the invitation of Greek President Prokopis Pavlopoulos, Xi will pay a state visit to Greece from Nov. 10 to 12, said Vice Foreign Minister Qin Gang.

This will be the first visit to the European country by a Chinese president after an interval of 11 years, which will exert a historic influence of China-Greece ties and push forward China-Europe relations and Belt and Road cooperation, Qin said.

He noted that China and Greece, both with old civilizations, are trustworthy and helpful friends respecting and supporting each other on core interests and major concerns.

Greece is among the first European Union (EU) countries to sign an intergovernmental cooperation document with China to jointly construct the Belt and Road, Qin said, adding that Greek prime ministers attended the first and second Belt and Road Forum on International Cooperation in Beijing.

The two sides have conducted fruitful cooperation on the principle of mutual benefit and win-win cooperation and witnessed increased bilateral trade and investment, Qin said.

“The Piraeus Port project, a flagship project for the Belt and Road cooperation, has made important contributions to the local economic and social development of Greece and played an important role in advancing connectivity in various regions around the globe,” said the vice foreign minister.

Speaking of people-to-people and cultural exchanges, Qin said peoples of the two countries respect each other and advocate openness and inclusiveness in their close interactions.

“Both China and Greece hold that different civilizations should respect each other and facilitate experience sharing, mutual learning and conversation among civilizations,” he said.

China and Greece are new friends of the “17 +1” cooperation. In April this year, Greece became a full member of the China-Central and Eastern European Countries Cooperation Mechanism, adding new opportunities to the development of this mechanism, which is also conducive to developing China-EU relations and China-EU connectivity, Qin said.

Greek Prime Minister Kyriakos Mitsotakis led a delegation to the ongoing second China International Import Expo (CIIE). Xi met with him, and the two leaders visited the Greek pavilion, Qin said.

According to Qin, in Greece, Xi is scheduled to hold talks respectively with Pavlopoulos and Mitsotakis, in a bid to consolidate political mutual trust and traditional friendship between the two countries, intensify pragmatic cooperation in trade, investment, infrastructure and other fields, uphold multilateralism and free trade and build an open world economy.

Besides, Qin noted that the Chinese and Greek leaders will conduct cultural exchanges and advocate dialogues among civilizations.

The two sides will issue a joint statement on strengthening the comprehensive strategic partnership, draw up a blueprint for the development of bilateral ties, sign intergovernmental cooperation documents on investment and education, and ink commercial agreements in such fields as ports, finance, and energy.

Greece, in the West, and China, in the East, are heirs of ancient civilizations. Noting that both China and Greece are faced with the mission of rejuvenation and prosperity, Qin said the two countries can enlighten the world to deal with various problems and challenges.

Xi’s upcoming visit to Greece shows respect and appreciation of the ancient Chinese civilization to the ancient Greek civilization, as well as the expectation of jointly building a community with a shared future for humanity, Qin said.

It is believed the visit will elevate the level of bilateral cooperation in an all-round way and inject new impetus to the development of China-EU relations with fruitful results, Qin stressed.

According to Vice Foreign Minister Ma Zhaoxu, at the invitation of Brazilian President Jair Messias Bolsonaro, Xi will attend the 11th BRICS summit in Brasilia, the capital of Brazil, from Nov. 13 to 14.

BRICS is the acronym for an emerging-market bloc that groups Brazil, Russia, India, China and South Africa.

Xi is scheduled to attend the closing ceremony of the BRICS business forum, closed and public meetings of the BRICS leaders’ meeting and the BRICS leaders’ dialogue with the BRICS Business Council and the New Development Bank. The leaders’ declaration is expected to be released, Ma said.

Xi will hold talks with Bolsonaro, sign cooperation documents in various fields, and hold bilateral meetings with leaders of other participating countries to exchange views on ties and BRICS cooperation, Ma said.

As the world is undergoing changes rarely seen in a century and confronted with unprecedented opportunities and challenges, BRICS countries have drawn ever-growing attention worldwide, Ma said, stressing that China appreciates the efforts made by Brazil in its preparation and stands ready to jointly prompt the meeting to achieve fruitful results.

He voiced expectations of the Chinese side.

“The Chinese side hopes that BRICS countries will further enhance political mutual trust, boost mutually beneficial cooperation and forge a more comprehensive, closer and broader partnership,” Ma said.

As for safeguarding multilateralism and strengthening global governance, Ma voiced China’s determination to make joint efforts with other BRICS countries to safeguard the rules-based multilateral trade system, the international order based on international law, and the international system with the UN at the core.

This aims to promote a more equitable, open, transparent and inclusive global governance system and safeguard common interests and development space of emerging markets and developing countries, Ma said.

“China believes the five BRICS countries should follow the trend of the new industrial revolution and facilitate economic transformation and upgrading,” Ma noted.

As an important outcome of last year’s Johannesburg meeting, the BRICS partnership for a new industrial revolution has progressed well in the past year, he said, adding that China is willing to work with concerned parties to accelerate the development of the partnership and tap more potential for cooperation projects, so as to propel high-quality development of the five countries.

“China looks forward to more cooperation on economy, trade, finance, political security and people-to-people exchanges, with projects meeting the development needs of the five countries and serving the interests of their peoples,” he said.

The Chinese side believes that with concerted efforts of all parties and under the political guidance of the five countries’ leaders, the 11th BRICS Summit will be a full success, Ma said, stressing that the BRICS countries will continue to contribute to world peace and development and the building of a community with a shared future for humanity.

Source: Xinhua

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