VOL. XXVIII No. 12 December 2016
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1 VOL. XXVIII No. 12 December 2016 Rs. 20.00
2
Chinese Ambassador Luo Zhaohui, paid a visit to the Chinese Ambassador Luo Zhaohui, met with the Chinese
former NSG Shivshankar Menon and discussed Sino- Delegation attending the 1st China-India Think Tank
India relations. Forum
Chinese Ambassador Luo Zhaohui attended “Beautiful Chinese Ambassador Luo Zhaohui met with Deputy
China”tourism promotion programme. Director of the Standing Committee of Hubei Provincial
People’s Congress Wang Jianming.
Minister of Chinese Embassy, Mr. Liu Jinsong, attended Minister of Chinese Embassy, Mr. Liu Jinsong attended a
6th Asia Pacific Ministerial Conference on Housing and Beijing opera cultural programme.
Urban Development
CONTENTS
APEC Summit
1. China Advocates APEC Leadership in Economic Globalization Despite Setbacks 4
2. China Renews Call for FTAAP as Economic Globalization Falters 6
3. Chinese President Xi's APEC Speech Puts China, Asia-Pacific in Global "Vanguard" 8
4. Commentary: China Proposal Shines on Growth of Asia Pacific 10
5. Xi, Obama Agree to Maintain Healthy, Steady Growth of China-U.S. Ties 12
6. Xi, Putin Meet on Asia-Pacific Free Trade, China-Russia Ties 14
China India Relations
1. Xi Extends Condolences to India's President Over Train Accident 16
2. Chinese Premier Sends Condolences to Indian PM Over Train Derailment 16
3. Ambassador Luo Zhaohui Sends a Condolence Letter to the Government of Tamil Nadu 16
on the Passing away of Smt. Jayalalithaa
4. Ambassador Meets with the Chinese Delegation Attending the 1st China-India 17
Think Tank Forum
5. China, India Could Benefit from Pharma Ties 17
6. Selling Chinese Smartphones in India 19
7. China Exports Eight-inch Chips to India 24
External Affairs
1. China, Ecuador Lift Ties to Comprehensive Strategic Partnershipp 25
2. China, Peru Agree to Promote Better, Faster Growth of Ties 26
3. China, Chile Lift Ties to Comprehensive Strategic Partnership 29
4. Chinese Premier Calls to Deepen Healthcare Reform with More Courage, Wisdom 31
5. China Pledges to Cooperate with Laos on Development 32
6. Wang Yi: 2016 is an Important Year for China's Diplomacy to Tackle Difficulties and Gain
Further Development 34
Chinese Economy
1. China's Economy Gradually Stabilizing: Economist 36
2. Economic Watch: China's Economic Data Steady, Restructuring Ongoing 38
3. China Focus: China's Market Economy Benefits Domestic, Foreign Firms 40
4. China Focus: "Impulsive" Rural Consumers Targeted by E-commerce Players 42
5. Spotlight: China's Constructive, Leading Role in WTO Highlighted 44
on 15th Anniversary of Accession
6. Chinese Economy Faces Opportunities, Challenges: Economists 46
7. Chinese Leadership Capable of Coping with Economic Challenges: Russian Experts 48
Indians in China
1. An Art Village in the Paradise 50
2. China a Truly Travel Destination 52
Culture & Life
1. China's Giant Pandas: Internet Sweetheart of 2016 55
2. Kite Fair Held in S. China's Qinzhou 57
3. Chinese Cities Encourage People to Commute by Bicycle 59
4. Beijing Launches Smart Streetlights Offering Charging Service, Free WIFI 61
5. Winter Sports Thrive After Beijing's 2022 Winter Olympic Bid 62
Tibet Today
1. China Focus: New Cargo Service Links Tibet, Nepal to Boost Trade 64
2. Tibetans Open Their Doors to Tourists 66
3. Lhasa Celebrates Festival of Women's Protector 68
4. Tibet Unveils New Tibetan-language Input Software 70
5. Tibet Documents of Late U.S. Diplomat Published 71
Book Review – Trust in the Theory 72
CCTV 73
CRI 74
APEC Summit
APEC Summit
CHINA ADVOCATES APEC LEADERSHIP
IN ECONOMIC GLOBALIZATION
DESPITE SETBACKS
On Nov. 20, 2016, Chinese setbacks around the world. Pacific and the world at large, and
President Xi Jinping urged members called on APEC members to
of the Asia-Pacific Economic Speaking at the 24th APEC leverage the Asia-Pacific’s role as a
Cooperation (APEC) to stay Economic Leaders’ Meeting here in growth engine and work for an
committed to taking economic Peru, Xi highlighted the APEC’s role innovative, invigorated,
globalization forward with vigorous as a pioneer, leader and trailblazer of interconnected and inclusive world
measures, despite increasing economic cooperation in the Asia- economy.
4 News From China l
December 2016
APEC Summit
At the high-level gathering of development. Calling on APEC members to
APEC economic leaders, Xi urged take more collective and individual
the APEC economies to stay “Instead of coming to a stop actions to implement the
committed to taking economic because of the temporary Connectivity Blueprint for 2015-
globalization forward, increasing difficulties, we need to continue our 2025 adopted in Beijing and
openness in the Asia-Pacific involvement in economic promote connectivity in
economy, breaking bottlenecks in globalization. What is important is to infrastructure, institutions and
regional connectivity and blazing combine it with our respective personnel flows, Xi underlined the
new trails in reform and innovation. development practices, strive to need for a multi-dimensional
ensure equity and justice, and steer it connectivity network and a well-
Currently, the world economy towards a more inclusive and connected Asia-Pacific community.
still finds itself in profound mutually beneficial direction,” he
adjustment, with weak recovery and said. China is making progress with
more divergent growth, said Xi, the Belt and Road Initiative.
adding that economic globalization On the building of a Free Trade Featuring extensive consultation,
has encountered setbacks, as Area of the Asia-Pacific (FTAAP), joint participation and shared
evidenced by sluggish international which was launched at the 2014 benefits among partners in the
trade and investment and rising APEC meeting in Beijing, Xi hailed region, Xi said the initiative will
protectionism. the smooth completion of the contribute to enhanced connectivity
collective strategic study this year, in the Asia-Pacific, and pledged to
Citing the blueprint for strong, saying it marked a new phase in seek synergy in development
sustainable, balanced and inclusive FTAAP development. strategies and cooperation initiatives
world economic growth produced with relevant parties.
by the G20 Hangzhou Summit in “We need to stick to our agenda
September, the Chinese president and take more effective actions to The Belt and Road Initiative
said it embodies the spirit of realize the FTAAP at an early date, refers to the Silk Road Economic
partnership to jointly rise to thus bringing about an Asia-Pacific Belt and the 21st-Century Maritime
challenges as well as the economy with greater openness,” Silk Road initiative proposed by Xi in
commitment to common said the Chinese president. 2013. The initiative brings together
News From China l
December 2016 5
APEC Summit
countries in Asia, Europe and Africa Development, and the country will meeting.
via overland and maritime networks. pursue a development path of
innovation, coordination, green, Also on Nov.20 , President Xi,
Xi recalled that China has given openness and sharing to continue to along with other economic leaders,
priority to opening up to the Asia- make contributions to the global and attended a dialogue with
Pacific over the past 25 years since it the Asia-Pacific development. International Monetary Fund
joined the APEC, and pledged to Managing Director Christine
work with other parties to increase The APEC economic leaders Lagarde who gave a briefing on
openness, pursue regional economic agreed to build an open economy in global economic situation.
integration and connectivity, the region, oppose protectionism,
advance reform and innovation, and advance the FTAAP process and Xi expounded China’s view on
jointly write an exciting chapter of boost connectivity, thus injecting the world economy and reaffirmed
Asia-Pacific cooperation. new impetus into the Asia-Pacific the country’s resolve to boost
and global growth. reform and its confidence in the
The economic leaders’ meeting prospects of development.
continued in the afternoon and They also agreed that the
President Xi gave a speech calling on outcomes of the previous meetings
the APEC members to boost should be earnestly implemented The APEC meeting, hosted by
sustainable, inclusive, green and and future cooperation be well Peruvian President Pedro Pablo
interconnected development. planned for the sake of the long- Kuczynski, took place On Nov.19
term prosperity in the Asia-Pacific. and Nov.20 in Lima, capital of Peru,
He said that China had released under the theme of “Quality
its plan for the implementation of A declaration was issued after Growth and Human Development.”
the 2030 Agenda for Sustainable the annual economic leaders’
CHINA RENEWS CALL FOR FTAAP AS
ECONOMIC GLOBALIZATION FALTERS
Lima, Nov. 19 (Xinhua) — economy in the Asia-Pacific,” he told This year’s meeting comes
China on Saturday renewed its call global business leaders. against the backdrop of a sluggish
for pushing forward the building of global recovery, lack of growth
a Free Trade Area of the Asia-Pacific The FTAAP process was momentum, backlash against
(FTAAP), as protectionism has launched at the 2014 APEC globalization, weak trade and
dented global trade and economic Economic Leaders’ Meeting in investment, and growing global
integration. Beijing with the endorsement of a challenges that cloud economic
roadmap. A “collective strategic outlook.
The FTAAP “is a strategic study” was conducted subsequently,
initiative critical for the long-term as agreed by the APEC members, “The Asia-Pacific is under
prosperity of the Asia-Pacific,” and the result should be reported to similar pressure and is grappling
Chinese President Xi Jinping said the economic leaders by the end of with such challenges as the
while delivering a keynote speech at 2016. fragmentation of regional economic
t h e A s i a - Pa c i f i c E c o n o m i c cooperation,” Xi said.
Cooperation (APEC) CEO Summit Xi arrived in Peru on Friday to
in Lima, Peru’s capital. attend the annual APEC Economic In his speech, Xi called on the 21
Leaders’ Meeting, scheduled for APEC member economies to
“We should firmly pursue the Nov. 19-20 in Lima, and pay his first promote an open and integrated
F TA A P a s a n i n s t i t u t i o n a l state visit to the Latin American economy, enhance connectivity to
mechanism for ensuring an open country. achieve interconnected
6 News From China l
December 2016
APEC Summit
Chinese President Xi Jinping delivers a keynote speech at the Asia-Pacific Economic Cooperation (APEC) CEO Summit
in Lima, Peru, Nov. 19, 2016.
development, boost reform and globalization is a “double-edged Beijing and this year’s G20 summit
innovation to create more internal sword” with skepticism these days, held in September in eastern
driving force, and promote win-win the leader of the world’s second Chinese city of Hangzhou.
cooperation to forge strong largest economy said he nonetheless
partnership. believes that economic globalization “The FTAAP will lead to more
is in keeping with the law of investment opportunities in and
“For any regional trade economics and delivers benefits to all. outside China. China is opening its
arrangement to gain broad support, gate and helping the developing
it must be open, inclusive and “We need to actively guide countries in fields such as
beneficial to all,” he said, adding that globalization, promote equity and transportation and infrastructure,”
“closed and exclusive arrangement is justice, and make globalization more Carlos Galvez Pinillos, president of
not the right choice.” resilient, inclusive and sustainable, so Peru’s National Association of
that people will get a fair share of its Minerals, Petroleum and Energy,
The president said that the benefits and will see that they have a told Xinhua.
APEC members must energize trade stake in it,” he said.
and investment to drive growth, PROMISE ON CHINESE
make free trade arrangements more The president also called for ECONOMY, WORLD’S
open and inclusive, and uphold the implementing the consensus and OPPORTUNITIES
multilateral trading regime. outcomes of the 2014 APEC
Acknowledging that economic Economic Leaders’ Meeting in In his speech, Xi reassured
News From China l
December 2016 7
APEC Summit
global business leaders on China’s “China’s investment climate will economy.
economic growth and opening-up be more open, favorable and
strategy, saying that the country will transparent, thus allowing foreign Also Saturday, Peng Liyuan, wife
carry out supply-side structural companies to share in China’s of Xi, visited Museo Larco, a
reform, accelerate the shifting of growth opportunities,” he said. museum offering one of the largest
growth model, promote innovation- displays of ceramics in Lima,
driven development, and replace old The president cited that in the together with the spouses of some
growth drivers with new ones. next five years China will import 8 other APEC economic leaders.
trillion U.S. dollars of goods,
China will also boost high- introduce 600 billion dollars of Founded in 1989, APEC,
standard, two-way opening-up to foreign investment and invest 750 g rouping 21 members, now
deliver win-win outcomes, and push billion dollars overseas, and Chinese accounts for 39 percent of the global
for shared and green development tourists will make over 700 million population, 60 percent of the global
to make life better for its people, he outbound visits. economy and 46 percent of the
said. global trade.
“All this means a bigger market,
“China’s economy has a more capital, a greater variety of Peru previously hosted the
promising future, and China’s products and more valuable APEC Economic Leaders’ Meeting
development will present great cooperation opportunities for in 2008. China had also hosted the
opportunities to the world,” he countries around the world,” Xi said. meeting twice — in 2001 in
noted. Shanghai, and in 2014 in Beijing.
In his speech, Xi also briefly
China’s economy grew 6.7 reviewed the interaction between Mario Mongilardi, president of
percent in the third quarter of 2016, China and the APEC forum since it the Lima Chamber of Commerce,
holding steady with the first and the became its member 25 years ago. hailed Xi’s speech as an encouraging
second quarters and strengthening message to the business
hope that the central government After the APEC CEO Summit, communities of the 21 APEC
will achieve its annual GDP growth the Chinese president, along with members.
target of 6.5 percent to 7 percent. other APEC leaders, held dialogue
with representatives of the APEC “The president of China made
“We will give greater access to Business Advisor y Council, an extraordinary speech today. He
foreign investment and continue to exchanging views on the FTAAP, laid out the bases for the future
set up high-standard pilot free trade economic integration in the Asia- growth of the world economy,” he
zones in China,” the president said. Pacific, connectivity and the Chinese said.
CHINESE PRESIDENT XI'S APEC SPEECH
PUTS CHINA, ASIA-PACIFIC
IN GLOBAL "VANGUARD"
Mexico City Nov. 20 (Xinhua) reactivate the global economy, message to the business
— Chinese President Xi Jinping’s APEC participants and scholars communities of the 21 APEC
keynote speech at the Asia Pacific have said. members.
Economic Cooperation (APEC)
CEO Summit on Saturday in Lima, Mario Mongilardi, president of “The president of China made
Peru, placed China and the region at the Lima Chamber of Commerce, an extraordinary speech today. He
the forefront of a joint effort to believed Xi sent an encouraging laid out the bases for the future
8 News From China l
December 2016
APEC Summit
growth of the world economy,” China must energize trade and 6.7 percent. This rapid economic
Mongilardi told Xinhua in an investment to drive growth, and will growth will benefit Latin America,
interview following the summit. make free trade arrangements more especially in areas such as mineral
open and inclusive. and energy resources, said another
It was made clear that China’s APEC par ticipant, Alvaro
program of reforms will allow the Martin Monteverde, president Barrenechea, corporate affairs
participation of foreign companies of the National Confederation of manager for Chinalco in Peru.
in the Chinese market, which would Private Entrepreneurial Institutions,
offer other APEC members said after the summit that Xi’s speech More than 30 percent of all
potential access to over 1.3 billion showed China’s willingness to work foreign investments in Peruvian
consumers, said Mongilardi. with others to develop the economy. minerals came from China so far. Xi
said that in the next five years China
“He (Xi) also announced that Xi said it is estimated that in the will invest 750 billion dollars
China would reach out to the world next five years China will import overseas. This means that all Latin
with very important investments eight trillion U.S. dollars of goods, American countries will benefit
and open its market up to foreign and introduce 600 billion dollars of from China’s opening its market up
investments. It fills us with optimism foreign investment. This will provide to foreign investments, Barrenechea
to see that China, one of the world great opportunities for Latin said.
powers, believes in the market, A m eri ca n co m p a n i es, s a i d
believes in competition ... as a Monteverde. Jose Picasso, chairman of
mechanism for development,” Peruvian mining company Volcan,
Mongilardi said. Xi said that in the first three regarded Xi’s speech as the best at
quarters this year, China’s gross the summit.
At the summit, Xi said that domestic product (GDP) grew by
News From China l
December 2016 9
APEC Summit
Xi’s speech showed that China is different parts of the world, such as evidence of “the transfer of the geo-
willing to open up its market and Latin America, where “China has economic center towards the
narrow down the polarization of committed to the development” of Pacific.”
wealth. China’s development will be the region in the coming years, said
an impetus for the development of Delgado. It also signals an awareness of
the Asia-Pacific region, Picasso said. the disadvantages that have afflicted
“With Latin America’s potential smaller economies in the traditional
At a time when much of the rest and the support of the Chinese global economic order, Adrianza
of the world is suffering from government, I think it is possible for said.
economic slowdowns, the Asia- the region to overcome difficulties,”
Pacific region is enjoying steady such as lack of development, Xi’s speech “gives us an idea of
growth, said Xi, and as such it must infrastructure and investment, and the willingness on the part of
lead the way and take strong and “to reactivate the world economy,” China’s current leadership to pursue
coordinated actions to energize the he said. an understanding with economies
world economy and create new that are much smaller than China’s,”
opportunities for global growth. “I believe China wants to create he said.
all of the conditions for the free
Luis Delgado, a professor of movement of capital, and in that way Established in 1989 as a forum
social studies at the state University strengthen the dynamism of the to promote free trade throughout
of Carabobo in northern Venezuela, world economy,” he added. the Asia-Pacific region, the 21-
said “the speech marks the route the member APEC is becoming an
Chinese government is proposing to In that sense, the 2016 APEC increasingly important mechanism
reactivate the world economy,” and meetings in Lima may mark a turning to address economic issues not only
indicates “how the Asia-Pacific point in the global economic within the region, but also around
region can be the vanguard in the balance, he said. the world.
reactivation of the world economy.”
“The historic context and APEC has played an important
Xi’s message also places China historic significance of this process role in advancing trade liberalization
at the forefront of that effort, mark a relocation of the world’s geo- and facilitation, promoting
because it “revindicates the free economic center, which was in the economic integration and boosting
market, but it does so from a Atlantic, to the Pacific, and in the connectivity.
comprehensive perspective,” which midst of this, China plays a leading
calls for “growth that must be role,” said Delgado. The Asia-Pacific region, which
accompanied by human is vital to global peace and
development schemes,” said Venezuelan economist and development, accounts for 40
Delgado. political analyst Vladimir Adrianza, percent of the world population,
who teaches at the Bolivarian around half of world trade, and 57
In addition, the Asian giant has Military University of Venezuela in percent of the global GDP
already taken the lead to do so in Caracas, agreed that Xi’s speech is
COMMENTARY: CHINA PROPOSAL
SHINES ON GROWTH OF ASIA PACIFIC
Beijing, Nov. 21 (Xinhua) — championed by China, shines a light Pacific Economic Cooperation
Against a backdrop of fragmented on the outlook of the Asia-Pacific (APEC) CEO Summit in Lima,
regional economic cooperation and region. Peru, President Xi Jinping called on
sluggish recovery, the latest proposal the 21 APEC member economies to
to boost economic g rowth, In a keynote speech at the Asia- strive for an open and integrated
10 News From China l
December 2016APEC Summit
economy, and enhance connectivity global trade and economic Pacific region and an institutional
to achieve interconnected integration. mechanism that will ensure an open
development. economy in the region.
Meanwhile, connectivity and
Xi also suggested boosting interconnected development are key The FTAAP process was
reform and innovation to create drivers that will support economic launched at the 2014 APEC
more internal driving forces, and integration and continued vitality in Economic Leaders’ Meeting in
called for win-win cooperation to the region, while reform and Beijing with the endorsement of a
forge strong partnership. innovation are the internal forces roadmap. Subsequently, a “collective
that will spur development for strategic study” was conducted, as
Such a four-point proposal member economies. agreed by APEC members, and the
features directions that will help results should be reported to
drive economic development and Actually, China is not only laying economic leaders by the end of
regional cooperation in Asia Pacific. out a theory, but is following its 2016.
words with actions.
Economic integration and In addition, China has played a
openness, which have underpinned The nation is actively pushing positive role in the improvement of
development in China and the Asia- forward the building of a Free Trade connectivity in the region through
Pacific region over the past 25 years, Area of the Asia-Pacific (FTAAP), a such mechanisms and channels as
are of special significance as strategic initiative critical for the the Belt and Road Initiative, the
protectionism threatens to dent long-term prosperity of the Asia- Asian Infrastructure Investment
News From China l
December 2016 11APEC Summit
Bank, the Silk Road Fund and stage in its mission to build a tourists will make over 700 million
South-South cooperation. moderately prosperous society in all outbound visits.
respects. Supply-side structural
China became a member of the reform and its pursuit of innovative, These projections bear out that
APEC forum 25 years ago. The past coordinated, green, open and shared China’s development offers
quarter century has seen China act as development, among other aspects, opportunity to the Asia Pacific and
a contributor and active participant. have all warranted confidence in and the world at large.
expectation of China’s growth.
The past few decades also show Matching words with actions,
that shared prosperity can be In the next five years, China will China can be expected to stride
achieved as member economies import 8 trillion U.S. dollars of along the Asia-Pacific region into a
open up to each other. goods, welcome 600 billion dollars new phase of development.
of foreign investment and invest 750
China has entered a decisive billion dollars overseas, and Chinese
XI, OBAMA AGREE TO MAINTAIN
HEALTHY, STEADY GROWTH OF
CHINA-U.S. TIES
12 News From China l
December 2016APEC Summit
On Nov. 19, 2016, Chinese bilateral ties and reached broad Xi said.
President Xi Jinping and his U.S. consensuses, especially their joint
counterpart, Barack Obama, met in decision to build a new type of Thirdly, he noted, the two
Lima and agreed to maintain healthy China-U.S. major country relations countries have stuck to managing
and steady development of bilateral that has guided the two countries to sensitive issues in a constructive way
relations. achieve significant progress in with mutual respect, avoiding
bilateral ties, Xi said. misjudgment, and more thinking in
Meeting on the sidelines of the each other’s shoes, so as to prevent
2016 Asia-Pacific Economic Summing up the two countries’ the escalation of disputes.
Cooperation (APEC) Economic experience in developing bilateral
Leaders’ Meeting, Xi spoke highly relations over the past more than China and the United States
of the U.S. president’s endeavor in three years, Xi told Obama that the bear great responsibilities and have
developing ties with China. two countries firstly have a good broad common interest in
grasp of the general direction of safeguarding world peace and
It was the third meeting this year bilateral ties, with cooperation being stability, and promoting global
between Xi and Obama, and the their only correct choice. development and prosperity, said Xi,
ninth in over three years, recalled the adding that a long-term, stable and
Chinese president. Secondly, China and the United healthy growth of China-U.S. ties
States have actively expanded serves the fundamental interest of
The two heads of state have practical cooperation and pursued both peoples and is widely expected
conducted multiple in-depth win-win and multi-win outcomes, by the international community.
exchanges of views on issues of which benefited not only the two
strategic and overall significance in countries, but also the world at large, Xi said he has had a phone
News From China l
December 2016 13APEC Summit
conversation with Donald Trump United States and China have jointly to both peoples and the international
after Trump was elected the next dealt with challenges and effectively community at large.
U.S. president. managed differences, while bilateral
consultation and cooperation Obama told Xi that he has
The Chinese president said he is mechanisms have yielded rich underlined the importance of U.S.-
willing to work with Trump to results, said Obama. China relations to Trump, and
expand cooperation in various fields stressed that there should be a
at bilateral, regional and global The two sides have carried out smooth transition of bilateral ties
levels, and manage differences in a cooperation on such issues as amid the U.S. presidential change.
constructive way, so as to realize promoting global growth, reaching
non-confrontation, mutual respect, an agreement on the Iranian nuclear The U.S. side is ready to develop
win-win cooperation, and greater issue, and addressing the Ebola a more sustained, fruitful
progress for China-U.S. ties from a outbreak in West Africa, he said, relationship with China, said
new start point. highlighting their key roles in driving Obama.
forward international efforts in
Recalling his close contact with dealing with climate change. The leaders of the world’s two
Xi in recent years, Obama said he largest economies also made an in-
and Xi have forged a candid, friendly C a l l i n g t h e U. S . - C h i n a depth exchange of views on major
and constructive relationship and relationship the most significant global and regional issues of
increased mutual trust. bilateral relationship in the world, common concern.
the U.S. president said a constructive
In more than three years, the U.S.-China relationship is beneficial
XI, PUTIN MEET ON ASIA-PACIFIC FREE
TRADE, CHINA-RUSSIA TIES
On Nov. 19, 2016, Chinese should be reported to the economic framework in a bid to promote the
President Xi Jinping on called for leaders by the end of 2016. bloc to contribute more to regional
joint efforts by China and Russia to and global economic growth.
push forward the process of the Xi and Putin are currently in
Free Trade Area of the Asia-Pacific Lima, Peru’s capital, attending the Echoing Xi’s remarks, Putin said
(FTAAP). annual Asia-Pacific Economic Russia and China should strengthen
Cooperation (APEC) Economic coordination and collaboration in
Xi told his Russian counterpart Leaders’ Meeting and related events. APEC and other multilateral
Vladimir Putin at a bilateral meeting mechanisms.
that both sides should fully Delivering a keynote speech at
implement the consensus reached at the APEC CEO Summit earlier As for China-Russia all-round
the 2014 APEC Beijing meeting and Saturday, Xi called for concerted strategic coordination, Xi said that it
other meetings in recent years. efforts to advance the construction has not only promoted both
of the FTAAP, noting that it is a countries’ development but also
The FTAAP process was strategic choice concerning the long- strengthened the force of world
launched at the 2014 Beijing meeting term prosperity of the region. peace and justice.
and a roadmap was endorsed. A
collective strategic study on the Holding talks with Putin on the China stands ready to work with
FTAAP was conducted sidelines of the meeting, Xi Russia to continue high-level close
subsequently, as agreed by the underlined the need for China- contact, enhance mutual support
APEC members, and the result Russia cooperation under the APEC and consolidate political and
14 News From China l
December 2016APEC Summit
strategic mutual trust in the Exchange Year and other important high and new technology, the
upcoming year, stressed Xi. people-to-people and cultural Russian president stressed that
exchanges. Russia is looking forward to working
The Chinese president called on with China to strengthen
the two neighboring nations to Putin, for his part, said the high- collaboration between the Belt and
enhance synergy of their national level relationship between Russia Road Initiative and the EEU.
development strategies, and further and China is very significant for
integrate the construction of the global peace and stability, noting The two heads of state also made
Belt and Road Initiative and the both sides should maintain close in-depth exchange of views on other
Eurasian Economic Union (EEU). contact. international and regional issues of
shared concern, agreeing to safeguard
He also expressed hopes that Hailing good momentum of peace and security in Northeast Asia,
both countries will successfully bilateral economic ties and Central Asia and other regions
organize the China-Russia Media achievements they have scored in neighboring their two countries.
News From China l
December 2016 15China India Relations
China India Relations
XI EXTENDS CONDOLENCES TO INDIA'S
PRESIDENT OVER TRAIN ACCIDENT
On Nov. 23, 2016, Chinese On behalf of the Chinese The deadly train derailment
President Xi Jinping extended government and people, and in his occurred in India’s northern state
condolences to his Indian own name, Xi expressed his deep of Uttar Pradesh on early Sunday.
counterpart Pranab Mukherjee over condolences to the victims of the Over 500 passengers were on board
a recent train accident in northern disaster, as well as sympathy to the the train when the accident
India that killed at least 146 people families of the victims and the occurred.
and injured more than 200 others. wounded.
CHINESE PREMIER SENDS
CONDOLENCES TO INDIAN PM
OVER TRAIN DERAILMENT
Beijing, Nov. 23 (Xinhua) — 146 people. causing major casualties.
Chinese Premier Li Keqiang on
Tuesday sent his condolences to In his condolence message, Li On behalf of the Chinese
Indian Prime Minister Narendra said he was shocked to hear that a government, he offered his deepest
Modi over a train derailment train derailed in India’s northern condolences to the victims and their
accident in India’s northern state of state of Uttar Pradesh on Sunday, families.
Uttar Pradesh which killed at least
AMBASSADOR LUO ZHAOHUI SENDS A
CONDOLENCE LETTER TO THE
GOVERNMENT OF TAMIL NADU ON THE
PASSING AWAY OF SMT. JAYALALITHAA
On December 6th, Ambassador The condolences letter reads as unfortunate demise of Smt.
Luo Zhaohui sent a condolences follows: Jayalalithaa Jayaraman, former Chief
letter to the Government of Tamil Minister of Tamil Nadu. I’d like to
Nadu on the passing away of Smt. Government of Tamil Nadu, hereby express my dee pest
Jayalalithaa, Chief Minister of Tamil condolences to the Government and
Nadu. I was shocked to hear the people of Tamil Nadu.
16 News From China l
December 2016China India Relations
Smt. Jayalalithaa was a prominent leader will soon summon up under would further enhance its friendly
political leader in India. I pay sincere the new leadership of Tamil Nadu. cooperation with China.
respect to. Her irreplaceable
contributions to the development of Tamil Nadu and China share a Sincerely Yours,
Tamil Nadu will be long remembered tradition of friendly relations,
by history and people. harmonious atmosphere between Luo Zhaohui
two peoples and frequent Ambassador of the People's
I'm firmly believing that people commercial exchanges. I sincerely Republic of China to India
of Tamil Nadu who just lost a great hope that Tamil Nadu and Chennai
AMBASSADOR MEETS WITH THE
CHINESE DELEGATION ATTENDING THE
1ST CHINA-INDIA THINK TANK FORUM
On December 9th, Ambassador To hold such a forum is a significant Prof. Wang expressed thanks
Luo Zhaohui met with the Chinese consensus reached by the two for the embassy’s long term care
delegation attending the 1st China- countries’ leaders, which would play a n d s u p p o r t t o C A S S ’s
India Think Tank Forum led by a positive role in promoting bilateral communication and cooperation
Prof. Wang Weiguang, the President communication and cooperation, with Indian think tanks. With the
of Chinese Academy of Social and the sound and stable joint efforts of both sides, the 1st
Sciences, at Ambassador’s residence. development of the bilateral China-India Think Tank Forum is
DCM Liu Jinsong, Minister relationship. The embassy will assist held successfully in which the
Counselor Cheng Guangzhong and CASS to facilitate the follow-up scholars of the two countries
Minister Counselor Li Bijian work of the first forum, especially conduct sincere communication
attended the meeting. the related work of the second and benefit a lot. CASS will
forum to be held in China next year, maintain close communication
Ambassador Luo welcomed the in an effort to promote the with the embassy and jointly make
delegation, and said that the think institionalization of China-India the second forum to be held in
tank communication is an important think tank communication. China a success.
part of the China-India relationship.
CHINA, INDIA COULD BENEFIT FROM
PHARMA TIES
by Wang Dehua
China and India are the world’s Now, with changes in the supply raises the need for China and India
two largest manufacturers of bulk pattern of bulk drugs around the to think about how they should
drugs, a key raw material for world, companies in the U.S. and maintain their own advantages and
producing pharmaceutical drugs. Europe have also star ted h ow t o b r e a k d e ve l o p m e n t
Currently the two countries competing with the Chinese and bottlenecks in the bulk drug
cooperate and compete in the field. Indian markets. This situation industry. In terms of market size,
News From China l
December 2016 17China India Relations
the combined population of China
and India surpasses 2.5 billion – (As the global manufacturing center of
huge markets that no country can pharmaceutical products shifts towards India and
afford to ignore.
China, the two countries should seize the opportunity
Today, more and more Chinese and work together to become world-class
companies see India as a first step pharmaceutical giants amid Asia＇ s rise.)
toward going global. A record for
overseas acquisitions by Chinese
pharmaceutical firms was broken by
Shanghai Fosun Pharmaceutical
Group when it announced the
purchase of 86.08 percent of Indian
drug-maker Gland Pharma for up to
US$1.26 billion in July. This was also
the largest acquisition of an Indian
asset by a foreign firm this year.
Analysts believe that Fosun is
targeting more than just the Indian
market through its acquisition of
Gland Pharma. India leads the
world in generic drugs and its
industry is quite internationally
oriented. Acquiring Gland Pharma
could help Fosun crack other
overseas markets. population base means that the take precautionary measures to
number of drug applications is avoid repeating the mistakes and
This move could allow China to remarkable. Through massive failures of some Indian
learn from India and could also market operations, India could turn pharmaceutical companies in their
prompt China to open up its China into a promising market, overseas expansion. For example,
pharmaceutical industry. China is which would help raise its Indian generic drug-maker Ranbaxy
still in the process of transitioning production capacity. Meanwhile, Laboratories Ltd has suffered major
from a planned economy to a market China could boost its capability in setbacks in the US market in recent
economy and excels in production generic drugs and the development years. The US drug regulator
cost control. However, India is an of original drugs by learning from recently discovered that Ranbaxy’s
English-speaking country which has and cooperating with India. India is Mohali manufacturing site failed
been engaged with the international known for its rapidly-developed standards checks and, as a result,
pharmaceutical industry longer than specialized downstream imposed an import alert on the
China. As such, India has a range of pharmaceutical products, while facility. Ranbaxy had previously pled
experience and expertise in China is seeing its basic upstream guilty to drug safety charges and paid
marketing and sales in global pharmaceutical products grow out US$500 million in civil and
medical markets. India also slightly quickly. Pharmaceutical companies criminal fines in a settlement with
outperforms China in generic drugs from both countries could take the US Department of Justice in
as well as research and development advantage of the complementary 2013.
capability. As for benefits to India, development of the two markets and
China offers a huge and rapidly prosper together. As the global manufacturing
growing market for generic drugs. center of pharmaceutical products
The sheer volume of China’s At the same time, Fosun should shifts towards India and China, the
18 News From China l
December 2016China India Relations
two countries should seize the This article was originally Asian Studies at the Shanghai
opportunity and work together to published on globaltimes.cn. The Municipal Center for International
become world-class pharmaceutical author is the director of the Studies.
giants amid Asia’s rise. Institute for Southern and Central
SELLING CHINESE SMARTPHONES
IN INDIA
by Gao Yuan
Chinese smartphone makers are since 2015. that India was a few quarters behind
seeing India as their second home, China in terms of demand.”
after demand at home has fallen to a T.Z. Wong, a Singapore-based
record low. smartphone analyst at research On the third day of Diwali,
company Canalys, explains why. India’s biggest festival in mid-
Chinese smartphone vendors, “Chinese brands see the Indian November, the nerve-cracking
such as Vivo, Lenovo Group Ltd, market as the biggest gold mine after sounds of firecrackers left the city’s
Xiaomi Corp, Meizu Telecom China,” Wong said. “The two narrow alleys sleepless all night long.
Equipment Co., Ltd. and others, are markets are very similar for the However, for Sadiq Kumar, who
aggressively expanding in India vendors. The only difference being runs a 10-square-meter electronics
News From China l
December 2016 19China India Relations
store in a 300-year-old bazaar in the to was a vivo Y27L, a 4.7-inch, or 120 taking the iPhone-quality device, the
densely populated Paharganj area of millimeters screen Android phone store also offers made-in-China
New Delhi, selling smartphones, made by Guangdong-based Vivo smartphones priced as low as 4,000
power banks and memory cards Communication Technology Co rupees. That’s a price most people
from China, the “festival of Ltd. could accept.
b r i g h t n e s s ” s p e l l s f o r t u n e.
“Business has been very good these The handset is selling at rupees A Huge Market
days,” said Kumar, standing behind a 13,980 in Kumar’s store. It is
counter full of mobile phones made compatible with the 4G India’s emerging appetite for
in China. His booth is sandwiched communications network, which smartphones is spurred by the
between a store selling knock-off remains a new and expensive service country’s gigantic population of
Adidas bags and a shop peddling 50- for many in India. more than one billion, second only
rupee slippers. to China. Increasing middle-class
K u m a r i n t r o d u c e s V i vo incomes have pushed online
Inside the booth, where nothing smartphones every time to buyers shopping to the forefront, with
filtered the street’s noise and who are looking for a 4G device. But electronic devices being one of the
firecracker fumes, Kumar, in his 40s, if the buyers think twice about best-selling items.
reached out to a glass display cabinet
behind him and put a white
smartphone case on the counter. China accounts for nearly 30 percent of the global
“This is our star product. It is as handset shipments today, and the country＇ s share
good as the iPhone 6,” he said,
pointing at a silver Vivo logo on the
may shrink roughly by a fourth by 2019 as
case. shipments from India, Indonesia and other
emerging markets grow.
The device Kumar was referring
20 News From China l
December 2016China India Relations
This is nearly a rerun of China’s Sluggish smartphone demand in Unique User Demands
situation five years ago when the China is bringing down year-on-year
trend of getting touch-screen worldwide shipment growth rate to But there still seems to be a place
phones kicked off. Starting in the 9.8 percent this year, the first single- for cheap and cheerful feature
early 2000s, China became the digit performance on record, mobiles, even though an entry-level
epicenter of global smartphone International Data Corp (IDC) smartphone can cost as low as 5,500
brands. It consumed the most warned earlier this year. rupees ($82). To explain this, you
devices, helping Apple and Samsung only have to talk to people from the
take a lion’s share of the market and China, the world’s largest business community.
profits. electronics market, is responsible
for nearly 30 percent of the global In India, some iPhone users still
Wang Ying, a smartphone handset shipments today, and the keep a trusty Nokia in their pockets.
market researcher at Beijing-based country’s share may shrink roughly In Delhi, the highly decorative
industry advisory company Analysis by a one fourth by 2019 as trucks are everywhere on the
International, said that a slowdown shipments from India, Indonesia crowded roads where smells of
in the Chinese market is inevitable as and other emerging markets grow, freshly baked garlic naan are luring
first-time smartphone buyers are IDC said. tourists. Also common are the
dwindling rapidly. With a population that is charming ring tones from Nokia’s
predicted to surpass China’s, India feature phones. Because of limited
"With fewer new buyers, looks ripe for a smartphone charging stations and erratic power
vendors have to persuade existing invasion. Indeed, the latest must- supply, people switch between
users to buy updated products for have handsets can be seen on the smartphones and feature phones to
replacement, something that is not busy streets of the country’s major save battery time. This rather unique
so easy," Wang said. cities. user demand is stunting the
News From China l
December 2016 21China India Relations
development of smartphones, growing startups, with Vivo and operating officer of Lenovo’s Asia
leaving manufacturers in a dilemma. Xiaomi leading the charge, are Pacific division, said. Only hours
already busy in India, while earlier, he was poring over the latest
Should they roll out small screen traditional electronics giants such as shipment figures. Lenovo said it will
smartphones, which use less power, Lenovo and ZTE Corp may use a expand its product roll out at Croma
or concentrate on pamphlet-size different strategy. in 2016. The company will be
mobiles, which are becoming directly taking on Samsung and
increasingly popular? Part of the Different Strategies in Marketing other market leaders to become a top
solution could be portable power tree smartphone vendor in the
packs. They will play a crucial role in A few kilometers south of country.
the years to come, while more Ku m a r ’s s h o p, m i d d l e - c l a s s
energy-saving smartphones will no shoppers are buying Sony cameras Today, only Samsung Elec-
doubt be launched by the main and Hewlett-Packard laptops at an tronics Co’s Galaxy series, HTC
players. electronics store in Connaught Corp’s 60,000-rupee pamphlets and
Place, a major commerce and Microsoft Corp’s Windows phones
But then, the battle for financial center in New Delhi. with colorful cases are popular
supremacy in India’’s mobile market Lenovo devices are the only handset products at thousands of Croma
is becoming distinctly competitive. bearing a Chinese logo waiting for stores in New Delhi, Mumbai, Goa,
Domestic brands such as Micromax buyers at the Croma outlet, an Bangalore and many smaller cities.
Mobile and Lava International Ltd electronics chain store under the Chinese brands are also rare in
are locked in a fight with Chinese Indian multinational conglomerate Mobiliti World, another brick-and-
r iva l s X i a o m i C o r p, M e i z u Tata Group. mortar consumer electronics store
Technology Co Ltd and LeTV chain.
Holdings Co Ltd. They are slugging Amar Babu is convinced that he
it out for dominance in the middle has the recipe for success to make Beijing-based Xiaomi has a
end of the sector, or mobiles that Lenovo a major player in India’s different strategy. It has been
cost less than $200. Another rapidly expanding smartphone avoiding the brick-and-mortar route,
Chinese giant in India, the Lenovo market. As chairman of the group’s relying instead on the online e-
Group, is taking on global operation in India, he feels that the commerce retailer Flipkart.com.
powerhouse Samsung Electronics Chinese company has the edge when Xiaomi’s “everything goes online”
Co Ltd in the mainstream market, it comes to high-quality products, strategy saves costs with the large
where smartphones can cost up to technological innovation and rural population also being potential
$500. It is impossible to predict who affordable prices.The numbers buyers. Karthik J, senior market
will win the smartphone wars. Still, certainly look good for Lenovo, the analyst at IDC, said online sales are
as long as Chinese companies world’s No. 1 PC manufacturer. In impressive in India. “Online retailers
continue to roll out competitive the third quarter of 2015, Lenovo such as Flipkart, Snapdeal, and
products, they will be in with a shout. shipped a record 2.7 million Amazon are driving shipments of
smartphones to India with a market the Chinese vendors, who have been
Despite intensifying share of close to 10 percent. aggressively trying to capture the 4G
competition, the country remains smartphone market in India,”
the most tempting market in the This made the Beijing-based Karthik said.
world. A total of 28.3 million giant the fourth biggest smartphone
smartphones were shipped to India manufacturer in terms of shipment The sector is incredibly
in the third quarter, a 21.4 percent in the country behind Samsung competitive with a list as long as your
surge compared to a year ago, Electronics Co Ltd, and domestic arm vying for market share. Included
according to IDC. Large-screen brands Micromax and Intex. in the mix are Chinese companies
smartphones priced around rupees such as ZTE Corporation, Xiaomi
10,000 are the best-selling devices in "The first milestone was Inc, Oppo Electronics Corp and
India, it added. The skill sets of crossed... we are expecting even Vivo Mobile Communication
Chinese manufacturers and local faster growth here," Babu, who is Technology Co Ltd. All of them
buying habits fit well. Quickly also vice-president and chief have spent heavily on marketing.
22 News From China l
December 2016China India Relations
And Vivo Mobile Communication
Technology Co Ltd is making the
biggest waves.
The previously unknown
smartphone maker created a splash
by becoming a title sponsor for the
high-profile Indian Premier League,
a cricket tournament that is watched
across the globe. Indians love
cricket, so Vivo’s move looks pretty
shrewd. As for how much the
company spent on the deal, is
difficult to say. Vivo’s predecessor,
the soft drink giant PepsiCo, forked
out a whopping 3.97 billion rupees
back in 2013 to secure sponsorship
rights. It seems Vivo is making a very
expensive point.
Lenovo’s early investment in
“brand building” has helped the
company stay ahead of most of its
rivals. “We started to do brand
building on phones about two and
half years ago,” Babu said. “Nobody
knew Lenovo made phones back
then. The next step is to increase
offline sales.”
Mo re th a n h a lf o f th e
company’s smartphone sales are
generated online. But that is
changing as Lenovo has about 7,000
traditional outlets. The group is also
in talks with Indian electronics store
chain Croma to sell a wider range of
devices across the country.
Local Manufacturing - A Key an assembly facility in India. share in India a top priority during
the summer as the company goes
In May, Xiaomi, partnering with Lenovo’s Babu was sitting in an head-to-head with Samsung.
Taiwan-based contract empty dining room at a Four Seasons
manufacturer Foxconn, opened its hotel in downtown Mumbai as he "Getting the latest technology,
first overseas smar tphone talked about his team’s outstanding such as 4G, into the products will
manufacturing plant near the performance and the company’s help to grow sales even more," Babu
southern Sri City in Andhra Pradesh. online to offline marketing strategy. said. Lenovo’s K3 Note, a 4G
Lenovo quickly followed, kicking One goal was finally within reach Android smartphone which costs
off handset production in the port after Chen Xudong, who heads 9,999 rupees ($150), was the best-
city of Chennai. In October, another Lenovo’s global smar tphone selling mobile in its class in India
red hot maker, OnePlus, also opened operation, made double-digit market during the third quarter of 2015,
News From China l
December 2016 23External Affairs
according to consultancy positive about sales next year,” Babu Narendra Modi in 2014, has also
Counterpoint Technology Market said. “Even if we do not increase our helped spur companies to take
Research. With a 5.5-inch (139 market share, Lenovo will still advantage of potential tax breaks
millimeters) screen, the stylish produce 25 million phones in the and incentives. The campaign, which
pamphlet-size device hit a sweet next 12 months just to feed India’s encourages both overseas and
spot in terms of specifications and growing demand. In the next three domestic companies to manufacture
price, Counterpoint said. Part of the to four years, the market is expected products in India, unlocking the
allure is its 4G capability after India’s to double from this year’s industry country’s human power, opened a
major telecom carriers, such as figure of 120 million,” he added. door for Chinese smartphone
Bharti Airtel Ltd, rolled out the vendors to the upper streams of the
service less than a year ago. Most of In the third quarter of 2015, Indian smartphone market.
Lenovo’s brands targ et the Lenovo re por ted worldwide
mainstream market, which revolves smartphone shipments of 18.8 Lau from Vivo said the
around a price range between $150 million units, putting the company in company expected to sell one
and $250. the global top five. “We are beating million smartphones in India by the
our numbers every time,” Babu said end of 2015.
"It was a good call for Lenovo about the market in India.
because 70 percent of India’s "Making devices in India will
smartphone sales are generated by Many Chinese vendors are also help the vendors lower expenses as
devices priced below $300," Babu planning manufacturing projects in labor costs in Chinese factories
said. India. “All our handsets are made in continue to rise," Wong from
China and then shipped to India. Canalys said. In addition, Prime
Earlier this year, Lenovo opened Making products locally will help Minister Modi’s ambitious plan of
a smartphone assembly plant near reach our Indian customers faster lifting Indian cities from pre-colonial
the port city of Chennai. It also and be more effective,” Pete Lau, alleys into well-established smart
makes PCs. By setting up a chief executive of the Shenzhen- cities also offer a new area for
manufacturing base in India, the based Vivo said. Chinese IT companies to explore.
company has managed to keep costs
low – a major advantage in a cut- A “Make in India” campaign, (The author is a business reporter of
throat business. “I am very, very launched by Prime Minister China Daily)
CHINA EXPORTS EIGHT-INCH CHIPS
TO INDIA
Changsha, Nov. 15 (Xinhua) — India to make the electric trains more modules.
China’s leading locomotive maker, energy-efficient.
CRRC Zhuzhou Institute Co. Ltd., The IGBT chip is a key
has made the country’s first bulk The China-made chips are technology of modern electric
export of eight-inch chips to India. currently used on the 7,200-kilowatt appliances. It can be used in
electric locomotives that power everything from high-speed rail to
T h e c o m p a n y, b a s e d i n China’s high-speed trains. the aerospace and aviation
Zhuzhou City in central China’s industries.
Hunan Province, said on Tuesday CRRC Zhuzhou Institute Co.
that it exported eight-inch insulated Ltd. built the world’s second eight- The Chinese locomotive maker
gate bipolar transistor (IGBT) chips inch chip production line in 2014, expects the chips to have huge
that will be used for upgrading the which has reached annual output of export potential.
transformers of 100 locomotives in 120,000 chips and 1 million IGBT
24 News From China l
December 2016External Affairs
External Affairs
CHINA, ECUADOR LIFT TIES TO
COMPREHENSIVE STRATEGIC
PARTNERSHIP
Nov. 17, 2016, China and In his talks with Ecuadorian The two countries established a
Ecuador agreed on Thursday to lift President Rafael Correa, Xi, who strategic partnership in Correa’s
bilateral ties to a comprehensive arrived in Ecuador Thursday second official visit to Beijing in
strategic partnership. afternoon, said Ecuador is an 2015, and Ecuador is now a major
important country in Latin America. destination for Chinese investment
The decision was announced and financing in Latin America.
during Chinese President Xi Despite a long distance between
Jinping’s state visit to Ecuador, the them, bilateral ties between China In April this year, Ecuador was
first of its kind since the two and Ecuador have witnessed hit by a 7.8-magnitude earthquake,
countries established diplomatic substantial development in recent and China was one of the first
relations 36 years ago. years. countries to supply humanitarian aid
News From China l
December 2016 25External Affairs
immediately after the quake. both sides. for Ecuador’s presidency of the
Group of 77 next year, saying that
Xi noted that since 2015, China will continue to support China is willing to maintain close
mutually beneficial cooperation Ecuador in exploring a development cooperation with the G77 in
between the two sides have seen path that suits its own conditions, multilateral affairs.
rapid development in a wide range and will actively take part in
of areas, with the scale of E c u a d o r ’s p o s t - e a r t h q u a k e China is also willing to work
collaboration continuing to increase. reconstruction work, he said. with Ecuador to boost overall
cooperation with Latin America and
Bilateral ties have since been China is willing to reinforce push for greater development in
greatly enriched and have been practical cooperation with the China-Latin America relations, he
picking up momentum towards Ecuadorian side in all areas, added.
comprehensive development, he comprehensively step up the
added. integration of interests of both Ecuador is the first leg of
sides, expand people-to-people President Xi’s three-nation Latin
The Chinese president said exchanges, and open up brighter American tour which will also take
China-Ecuador relations have now prospects for the development of him to Peru and Chile. This is his
entered a key phase where bilateral ties, Xi said. third visit to Latin America since he
cooperation between the two took the presidency in March 2013.
countries is of greater importance to He went on to pledge support
CHINA, PERU AGREE TO PROMOTE
BETTER, FASTER GROWTH OF TIES
On Nov. 21, 2016, Chinese Xi told Kuczynski that he hopes and overall planning for bilateral ties,
President Xi Jinping and his the visit will deepen the two run their cooperation mechanisms
Peruvian counterpart, Pedro Pablo countries’ traditional friendship, well, fully implement their joint
Kuczynski, agreed to promote better promote all-round dialogue and action plan for cooperation in 2016-
and faster development of the two cooperation, and boost the China- 2021, and strengthen synergy of
countries’ comprehensive strategic Peru comprehensive strategic development strategies so as to
partnership. partnership, so as to bring more obtain real results of their
benefits to the two peoples. consensuses.
The consensus was reached
during in-depth talks between the Recalling Kuczynski’s visit to He stressed that both countries
two heads of state after a red-carpet China in September, the Peruvian should treat industrial capacity
welcoming ceremony hosted by president’s first foreign visit since he cooperation as a new engine for their
Kuczynski in front of the was sworn in on July 28, Xi said they economic ties and strive for early
presidential palace. held fruitful talks and agreed to push harvest of major projects.
forward bilateral relations into a new
Invited by Kuczynski, Xi arrived phase. The two sides can also further
in the Peruvian capital of Lima reinforce cooperation in mining
attend the annual Asia-Pacific The coming five years are a industry, energy and infrastructure
Economic Cooperation (APEC) significant time for national construction, as well as explore new
Economic Leaders’ Meeting and pay development of both countries, the c o o p e r a t i o n f i e l d s s u ch a s
his first state visit to the Latin Chinese president said, urging the environmental protection, clean
American country. two sides to weigh top-level design energy and information connectivity.
26 News From China l
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