China, the Philippines to Enhance Relations
China hopes to develop a long-term stable friendship with the Philippines on the basis of good-neighborly cooperation as well as mutual trust and mutual benefit, Chinese President Jiang Zemin said Tuesday afternoon when meeting visiting Philippine President Gloria Macapagal Arroyo.

"9.11 Incident" Impact on Chinese Economy Revealed
The People's Bank of China, the nation's central bank, published on October 29 the 2001 third-quarter report on the implementation of monetary policy, which for the first time revealed in detail the possible impact of the "9.11 Incident" on Chinese economy.

Further Development Expected in Sino-German Relations
Starting from October 31, German Chancellor Gerhard Schroeder will pay a visit to China. Germany, the largest country among the European Union countries, is also the largest trade partner of China in Europe. It is widely expected that Schroeder's visit to China will promote the bilateral relations to a greater extent.

Little Expected on China-Japan Trade Row Talks
China and Japan are set for talks on their trade row over farm produce in Beijing tomorrow (November 1), according to the Ministry of Foreign Trade and Economic Cooperation (MOFTEC). This is the second round of talks on the issue between China and Japan, after the first one on July 2-4 in Beijing left the two sides widely divided over their positions.

IOC Official: Over US$1 Billion Ready for Beijing
The International Olympic Committee (IOC) announced Tuesday that they have been able to provide Beijing with more than US$1 billion after television broadcast contracts have been put in place and some international sponsors have committed to the 2008 Games.

Vatican Urged to Take Action to Improve Relations With China
China calls on Vatican to take concrete action to sweep away obstacles to the improvement of bilateral relations, and to create a helpful atmosphere and surroundings for the restoration of dialogue and contact between the two, Chinese Foreign Ministry Spokesman Sun Yuxi said Tuesday.