News Digest: China, US seek common ground

Both nations agree to bolster strategic trust, foster relations WASHINGTON – China and the United States got off to a good start on Monday, the first day of the third round of the Strategic and Economic

News Digest: NDRC official: China is not inflation exporter

WASHINGTON – There is little evidence that rising wages of Chinese workers is causing inflation in the world, Zhang Xiaoqiang, deputy head of the National Development and Reform Commission, told the media on Tuesday on the

News Digest: China reports bigger trade surplus

BEIJING – China’s trade surplus for April widened to $11.42 billion from $139 million in March The advance came as the nation’s exports soared because of robust growth, while commodity imports slowed, according to the General

News Digest: Biggest energy players to continue cooperation

WASHINGTON – As concerns over energy security grow across the globe, the world’s two largest producers and consumers of power will continue to cooperate on climate change initiatives and clean energy development, senior officials from China

News Digest: Airlines battling costly EU plan

BEIJING – The China Air Transport Association has said it and its airline members do not acknowledge the European Union’s Emissions Trading System (ETS), something they say would cost them billions of yuan each year. “If

News Digest: Export control against China hurting US firms

WASHINGTON — The American companies are losing business opportunities and market share in China because of the export control policy against China, said Chinese Commerce Minister Chen Deming on Monday in Washington.“Because the US restricts its

News Digest: US, China to build closer economic ties: Geithner

WASHINGTON — The United States and China will cooperate and build “closer economic ties” through dialogues, the US Treasury Secretary Timothy Geithner said on Monday.“Over the next two days, we will have a chance to discuss

News Digest: Egypt invites Chinese delegation to promote tourism

CAIRO — A Chinese delegation of 18 journalists arrived in Cairo on Monday for a five-day tour, at the invitation of Egyptian authorities who aim to attract Chinese tourists to the country.The delegation came from 12

News Digest: Enhancing mutual benefit theme of US-China dialogue

WASHINGTON – Enhancing mutual benefit and cooperation would be the main theme of the ongoing China-US Strategic and Economic Dialogues (S&EDs), China’s Commerce Minister Chen Deming said here Monday.Chen told Xinhua on the sidelines of the

News Digest: China, US face common challenges, opportunities of co-op

WASHINGTON — Chinese Vice-Premier Wang Qishan said Monday that China and the United States “face both common challenges and opportunities of cooperation.”Wang made the remarks at the opening session of the third round of China-US Strategic