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   KUWAIT CITY, Dec. 27 (Xinhua) -- At the invitation of Kuwaiti First Deputy Prime Minister and Minister of Defense Sheikh Jaber Mubarak Al-Hamad Al-Sabah, Chinese Vice Premier Li Keqiang arrived here Saturday evening on a four-day official visit.     Li said in a statement delivered at the airport that he is delighted to pay an official visit to Kuwait, noting that the relationship between China and Kuwait, especially in the fields of trade, energy, finance and culture, has witnessed remarkable growth since the two forged diplomatic relations in 1971. Visiting Chinese Vice Premier Li Keqiang(L in front) walks out of the Kuwaiti International Airport with a welcome delegation headed by Kuwaiti First Deputy Prime Minister and Minister of Defense Sheikh Jaber Mubarak Al-Hamad Al-Sabah(R in front) in Kuwait, Dec. 27, 2008    "China highly values the friendship with Kuwait and will make concerted efforts with the Kuwaiti side to step up the bilateral cooperation to a higher level," Li said.     Kuwait is the final leg of Li's 11-day overseas visit, his first foreign visit since he took office as vice premier in March, which has already taken him to Indonesia and Egypt.     According to official statistics, China and Kuwait renewed their record of bilateral trade volume in 2007 with 3.6 billion U.S. dollars, a 30 percent growth compared with that of 2006.     China imported 2.3 billion dollars worth of goods from Kuwait in 2007, with 90 percent of oil products, while only exporting 1.3billion dollars of goods to Kuwait.

BEIJING, Nov. 26 (Xinhua) -- China's State Council, or the Cabinet, said on Wednesday that more efforts would be made to encourage enterprises to upgrade technology and engage in independent innovation.     It also said there would be policies to promote merger and acquisition among enterprises.     The policies were clinched at an executive meeting of the State Council, presided over by Premier Wen Jiabao. The meeting was held to discuss measures to address difficulties faced by enterprises and promote economic growth and deliberate plans to reform finished oil pricing mechanism and fuel taxes and fees.     According to the meeting, plans would be drawn up to help some key industries, including steel, auto, ship manufacturing, petrochemical, light industry, textile, nonferrous metals, equipment manufacturing and information technology.     The meeting urged banks to increase credit supply to help small and medium enterprises overcome difficulties.     To offset adverse global economic conditions, the State Council on Nov. 9 has announced a 4 trillion yuan (585.7 billion U.S. dollars) stimulus package to boost domestic demand. This will be combined with other boosting measures, such as loosening credit conditions and cutting taxes.     The huge amount of money will be spent over the next two years to finance programs in 10 major areas, such as low-income housing, rural infrastructure, water, electricity, transportation, the environment, technological innovation and rebuilding after several disasters, most notably the May 12 earthquake.     The State Council also discussed the reform plans of finished oil pricing mechanism and fuel tax and fees at the meeting. It decided to make public the two draft reform plans to solicit public advice.     According to the National Development and Reform Commission, the government has been studying a fuel tax to replace the current road tolls imposed upon vehicles.     The long-awaited fuel tax and fee reform was first proposed in 1994.     The State Council meeting also reached decisions to increase the storage of key materials and resources, accelerate development of the service industry and enhance measures to promote employment and social security.     More education and job training would be provided among the government's efforts to increase employment. This education and training should also cover the lay-off workers and rural laborers who returned from cities because of unemployment, according to the meeting.

BEIJING, Nov. 10 (Xinhua) -- The Chinese government will inject more funds for investment and improve investment structures to better cope with adverse global economic conditions, the State Council (Cabinet) decided at an executive meeting presided over by Premier Wen Jiabao on Monday.     To achieve "steady and relative fast" economic growth and prevent "economic ups and downs" amid global and domestic economic challenges was on top of the country's agenda, said Wen.     The government on Sunday announced it would launch a stimulus package estimated at 4 trillion yuan (570 billion U.S. dollars) to be spent over the next two years to finance programs in 10 major areas, such as low-income housing, rural infrastructure, water, electricity, transport, the environment and technological innovation.     "The country should strengthen management of large-scale investment projects, conduct feasibility studies in an earnest manner and increase investment efficiencies and profits," said a statement from the meeting, in which provincial leaders and Cabinet ministers participated.     Wen said the stimulus package was crucial to tiding over the difficulties and maintaining long-term economic growth momentum.     He urged local governments to be "quick" and "effective" in carrying out these measures with "large-scale" investment programs launched to boost domestic demand.     The meeting participants called for more efforts to increase incomes and consumption capabilities, raising low-income earnings, promoting the "stable and healthy" development of the property sector and maintaining steady export growth.     The country should endeavor to enhance competitiveness, improve financial macro-management and facilitate the steady and healthy development of the stock market.     China announced on Sunday that it would adopt "active" fiscal and "moderately active" monetary policies to expand domestic demand and speed up construction of public facilities.     The meeting also decided to push forward a series of key reforms, including restructuring the value-added tax regime, which could cut the tax burden on enterprises by 120 billion yuan next year.

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BEIJING, Oct. 22 (Xinhua) - Chinese Premier Wen Jiabao and visiting Danish Prime Minister Anders Fogh Rasmussen on Wednesday agreed to establish comprehensive strategic partnership between the two nations.     Wen told Rasmussen during their talks that both sides shared strong desire to lift the level of the bilateral mutually-beneficial cooperation, since the Sino-Danish relations had become more mature after experiencing 58 years' development.     Denmark was one of the first western nations to recognize the People's Republic of China, and the two peoples enjoyed profound friendship, Wen noted.     China applauded Denmark's adherence to one-China policy, and was ready to work with the country to increase mutual trust, expand cooperation in science, technology, environmental protection, energy, innovation, culture and other areas, he said. Chinese Premier Wen Jiabao (3rd L back) and Denish Prime Minister Anders Fogh Rasmussen (2nd L back) attend the signing ceremony between the two countries in Beijing, capital of China, Oct. 22, 2008    The premier hoped that the two nations would improve their capacity of promoting economic growth and resisting risks through the increase of bilateral cooperation.     China paid high attention to the 15th Conference of the Parties of the United Nations Framework Convention on Climate Change in Copenhagen next year, Wen said, noting that China would, in line with the principles of common but differentiated responsibilities, make efforts to push forward related international cooperation in this area to achieve positive progress.     Rasmussen said Denmark attached great importance to building the comprehensive strategic partnership with China, and hoped to enhance the bilateral cooperation in environment, renewable energy resources, education, research and other fields.     Denmark was ready to strengthen cooperation with China to jointly safeguard the stability of the international financial market, the prime minister said.     The country would also increase cooperation with China in response to climate change, he noted.     The two nations signed documents to enhance bilateral cooperation in climate change, renewable energy resources, science, technology and innovation. The two prime ministers attended the signing ceremony of the agreements.     Rasmussen was here for a six-day official visit to China and for the seventh Asia-Europe Meeting scheduled for Oct. 24-25.

BANDAR SERI BEGAWAN, Brunei, Nov. 9 (Xinhua) -- Senior leader of the Communist Party of China (CPC) Zhou Yongkang met with Brunei Foreign and Trade Minister Prince Mohamed Bolkiah on Sunday evening.     The meeting came as Zhou made a transit stop in Brunei on his way back to China.     Zhou, one of the nine-member Standing Committee of the Political Bureau of the CPC Central Committee, hailed the sound and smooth growth of China-Brunei ties since the two forged diplomatic ties in 1991.     Zhou said that particularly in recent years, the all-round friendly cooperation between the two countries has been strengthened, thanks to the joint efforts of leaderships, governments and peoples of the two countries.     China and Brunei have been understanding, supporting and closely cooperating with each other on regional and international issues, he said.     Zhou also lauded Brunei's role as a coordinator in deepening the strategic partnership between China and the Association of Southeast Asian Nations (ASEAN).     Zhou said China would continue to pursue its long-term neighbor friendship with Brunei and would like to work with Brunei to take the relations to a new high.     Mohamed congratulated China on successfully hosting the Beijing Olympics and the summit of Asia-Europe Meeting(ASEM).     The friendship between the peoples of China and Brunei can be traced back to the time earlier than the establishment of diplomatic ties, he said.     He pledged Brunei would support China's increasingly important role in regional and international affairs.     He said Brunei would like to work with China to seek common development.     Before his transit in Brunei on Sunday, Zhou concluded his fortnight trip to the three Asia-Pacific nations, namely Vietnam, Indonesia and Australia.

Li Changchun (C), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, visits a publishing showpiece exhibition in Beijing, capital of China, Dec. 6, 2008. Li attended on Saturday night a publishing showpiece exhibition and a concert in celebration of 30 years' reform and opening-up.     BEIJING, Dec. 6 (Xinhua) -- Senior Chinese official Li Changchun attended on Saturday night a publishing showpiece exhibition and a concert in celebration of 30 years' reform and opening-up.     The exhibition and the concert were held by China Publishing Group Corporation.     Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said during his visit that the company should strive to become a modernized publishing group with international competitiveness and influence. Li Changchun (front, R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with performers after a concert in Beijing, capital of China, Dec. 6, 2008. Li attended on Saturday night a publishing showpiece exhibition and a concert in celebration of 30 years' reform and opening-up.     More than 100 showpieces of books, newspapers and electronic publications were shown in the exhibition.     Liu Yunshan, member of the CPC Central Committee Political Bureau and head of the CPC Central Committee Publicity Department, also attended the event.

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BEIJING, Feb. 1 (Xinhua) -- Attracted by the real estate plunge on the other side of the globe, Chinese homebuyers are gearing up for visits to the United States in February to buy cheap homes, the English language newspaper China Daily reported in its weekend issue.     A pioneering house-buying team of 20 to 30 people, organized by Soufun.com, one of the largest real estate portals in China, is scheduled to leave for the United States on Feb. 12, according to an article on Soufun.com.     It is said more than 300 Chinese have registered so far on the website for a 10-day house-buying trip.     The U.S. mortgage crisis and the downturn in the global economy have presented people with a golden opportunity, said Liu Jian, an official of the Beijing-based real estate portal.     The trip, which costs up to 25,000 yuan (3,500 U.S. dollars) per person, will focus on cities with huge ethnic Chinese populations including San Francisco, Los Angeles, Las Vegas and New York, Liu said.     The prices of houses targeted by Chinese buyers are between 3 million to 5 million yuan (400,000 to 700,000 U.S. dollars), he said.     The applicants include real estate professionals who want to investigate in the U.S. real estate market, and parents who want to buy houses for their children studying or to study in the United States.

Palestinian National Authority(PNA) President Mahmoud Abbas (R) meets with Liu Yunshan, member of the Communist Party of China (CPC) Central Committee Political Bureau and head of the CPC Central Committee Publicity Department, in the West Bank city of Ramallah, Dec. 3, 2008.     RAMALLAH, Dec. 3 (Xinhua) -- A visiting senior official of the Communist Party of China (CPC) said here on Wednesday that China hopes for joint efforts to push forward the Middle East peace process.     Liu Yunshan, member of the Political Bureau of the CPC Central Committee and head of the Publicity Department of the CPC Central Committee, made the remarks during meetings with Palestinian National Authority (PNA) President Mahmoud Abbas and Prime Minister Salam Fayyad in the West Bank city.     Liu highlighted China's hope for realizing a comprehensive, just and everlasting peace in the Middle East at an early date, based on related UN resolutions and the "Land for Peace" principle.     Liu, who leads a CPC delegation, conveyed cordial greetings from CPC and Chinese leaders to Abbas and Fayyad, saying that relations between the two sides would witness greater development in the future.     Abbas expressed appreciation of the positive development of the solid ties between the Palestinians and China, expressing gratitude to China over its support for the Palestinian cause. Palestinian Prime Minister Salam Fayyad (R) meets with Liu Yunshan, member of the Communist Party of China (CPC) Central Committee Political Bureau and head of the CPC Central Committee Publicity Department, in the West Bank city of Ramallah, Dec. 3, 2008.     Citing China's success in hosting the Olympic Games and launching the Shenzhou VII manned space flight, Abbas said the Palestinian people are proud of the remarkable achievements of the friendly nation.     The Palestinian side is willing to strengthen communication and exchange with the Chinese government and the CPC in order to further develop bilateral relations in a comprehensive way, said Abbas.     Meanwhile, Fayyad said the Palestinian people cherish the enduring friendship with China and are willing to enhance mutual beneficial cooperation in all aspects, including politics, economy, culture and education.     Before the meetings, Liu laid a wreath at the grave of late Palestinian leader Yasser Arafat, which is located in the compound of the Palestinian president's office in Ramallah.     During his one-day trip in Ramallah, Liu, along with Abbas, also presided the signing ceremony for an economic and technical cooperation agreement between China and the Palestinians.     The Palestinian territories is the last leg of Liu's good-will visit to the region, which has taken him to Iran, Bahrain, Egypt and Israel.

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BEIJING, Nov. 5 (Xinhua) -- Agreements on direct flights and shipping, signed on Tuesday in Taipei, are drawing strong interest from airlines and shipping companies from the mainland and Taiwan.     "Regular charter flights, instead of flights only weekends and festivals, were our long-term expectations," said Liu Shaoyong, the general manager of mainland-based China Southern Airlines. "Direct air routes are very good for our business."     A flight from the mainland to Taiwan via Hong Kong under the current arrangement takes two hours and 42 minutes and burns 16 tonnes of fuel. Under the new arrangement, flights will take 69 minutes and burn 7.3 tonnes of fuel.     "Less travel time and expense benefits both passengers and airlines," Liu said.     Wei Hsing-Hsiung, chairman of the board of Taiwan-based China Airlines, was glad to see the number of passenger charter flights increase from 36 on weekends to 108 a week.     "We have profits of about 1.5 million U.S. dollars from weekend charter flights. The figure is likely to reach 5 million dollars due to more flights, while the cost might fall by 20 percent as the route is shorter," he said.     The new agreement only opened one direct air route, between Shanghai and Taipei. Xiamen, the coastal city in southeastern Fujian Province directly opposite to Taiwan, was not included. Mainland's Association for Relations Across the Taiwan Straits (ARATS) President Chen Yunlin(R) and Taiwan-based Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung attend the symposia on industry and shipping in Taipei, southeast China's Taiwan Province, Nov. 5, 2008. They attended two symposia, one on industry and shipping and the other on finance, that were held against the backdrop of international financial crisis and struggling world economy in Taipei on Wednesday"We are expecting more air routes," said Yang Guanghua, general manager of Xiamen Airlines.     The flight distance between Xiamen and Taipei will be one third shorter than at present and the flying time will be about half, he said.     The two sides said in the agreement that they are going to negotiate another route linking the southern part of Taiwan with the mainland.     To cope with increasing flights, Yang's company plans to use 10more passenger planes next year, he said.     Taiwan's senior economic official Shih Yen-shiang told the local daily China Times on Wednesday that he estimated every direct trip across the Strait could save companies 300,000 New Taiwan dollars (about 9,000 U.S. dollars).     "Based on 4,000 trips a year, 1.2 billion dollars will be saved," he said.     Under the new agreement, the mainland and Taiwan will exempt each other's shipping firms from business and income taxes.     For the container divisions of Taiwan's three leading shipping lines -- Evergreen Marine, Wan Hai Lines and Yang Ming Group -- 60percent could be related to the mainland. Tax cuts will save each 2 to 3 billion NT dollars, another local newspaper, the Commercial Times, said.     Ningbo of eastern Zhejiang Province was one of the 63 ports that the mainland opened to Taiwan ships.     "The most direct effect will be increasing cargo volume," said Tong Mengda, chief economist of Ningbo Port Holding. "The voyage to Taiwan has been cut from 25 hours to ten. This is good for both shipping companies and ports."

BEIJING, Dec. 17 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday called for a healthy development of the country's real estate market at an executive meeting of the State Council, or the Cabinet.     A document released after the meeting said the recently-adopted domestic demand expansion and economic stimulus policies had positive impact on the property market. Trading volumes in some cities were picking up.     At present, efforts should be made to keep market-oriented in developing real estate, step up building of houses for low-income families, encourage housing transactions and maintain a reasonable scale of real estate development.     The document said governments would spend three years to build houses for 7.5 million low-income families in urban areas and 2.4 million households in shanty towns in forests, reclamation areas and coal mines. They would also continue renovating aged buildings in rural areas.     The central government would keep financing these building and renovating projects, offer higher subsidies for the less developed central and western regions and carry out pilot projects in some area to test the feasibility of supporting construction with idle funds in local housing provident fund accounts.     In a bid to encourage transaction, second-home buyers, with per-capita room-at-home lower than the local average, would be allowed to enjoy favorable policies for first-time house buyers.     Tax on house transactions would also be reduced next year. Homeowners who had lived-in for more than two years would be exempted from a transaction tax, which had been levied on houses lived in for less than five years. For those who had lived-in for less than two years, the base of tax would be transaction price minus the original price.     Banks should lend to developers of low-price apartments, especially those under construction, and offer services for mergers by credible developers.     The central government demanded local authorities keep a close eye on the real estate market, find new problems in time and step up supervision on use of subsidies and quality of construction projects.