A free-trade area and a tax-free zone will be set up as part of the first special economic zone straddling China and the Democratic People's Republic of Korea (DPRK), a Chinese government official said.
Chinese Premier Wen Jiabao arrived in Budapest Friday for a two-day official visit, the first to Hungary by a Chinese premier in 24 years.
Wen says price rises to be controlled
Wen's European tour to build trust Special
Chinese Premier Wen Jiabao left Beijing Friday morning to pay an official visit to Hungary, Britain and Germany from June 24 to 28, according to a government news release.
Henry Kissinger is scheduled to arrive in Beijing on Friday for a series of public and private meetings as a guest of the Chinese People's Institute of Foreign Affairs.
Premier Wen Jiabao's European tour will play an important role in building trust in the continent toward China, said a European lawmaker.Special
China attaches great importance to the positive role that the Declaration on the Code of Conduct on the South China Sea plays and strictly abides by it, a Foreign Ministry spokesman said.
The US Senate Committee on Foreign Relations on Thursday approved at a business meeting the nomination of the current US Commerce Secretary Gary Locke to be the next US ambassador to China, sending his name to the Senate floor for confirmation.
China and Britain are likely to sign eight or nine MOUs on development and cooperation across a broad range of areas during Premier Wen's upcoming visit to Britain.
The People's Bank of China, the country's central bank, said on Thursday that it has signed a revised bilateral currency settlement agreement with the Central Bank of the Russian Federation.
The Communist Party of China (CPC) received a banner on Thursday bearing signatures by 1,000 Sri Lankans as a gift to celebrate the CPC's 90th founding anniversary.
China expects a peaceful and stable security power transition in Afghanistan, said a foreign ministry spokesman at a news briefing Thursday.
China said on Thursday that it always strictly follows the Declaration on the Conduct of Parties in the South China Sea (DOC).
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