Chinese Vice President Han Zheng met with Zambian National Assembly Speaker Nelly Mutti in Beijing on Thursday.
Han said in the meeting that the two countries have witnessed their political mutual trust consistently deepened over the recent years, with their practical cooperation having yielded fruitful results.
Han also noted that the presidents of the two countries exchanged congratulatory messages to celebrate the 60th anniversary of the establishment of diplomatic ties on Oct 29.
Han said China is ready to work with Zambia to follow the important consensus reached by the two heads of state, firmly support each other on issues involving each other's core interests and major concerns, and implement the outcomes of the Forum on China-Africa Cooperation (FOCAC) Summit held in Beijing.
He also called for boosting cooperation in trade, investment, infrastructure construction, medical and health care and other areas, enhancing mutual understanding between the two countries, and working to build an even closer China-Zambia community with a shared future.
Mutti said this year marks the 60th anniversary of the establishment of diplomatic ties between the two countries and friendship between Zambia and China is strong.
Zambia adheres to the one-China principle, appreciates China's long-term valuable support and is willing to continuously push for the greater development of the comprehensive strategic cooperative partnership between the two sides, Mutti said.
Chinese vice president meets with Zambian National Assembly speaker
Chinese vice president meets with Zambian National Assembly speaker
China's property and stock markets made positive progresses in November, driven by the sustained effects of a series of incremental measures, said an official with the National Bureau of Statistics (NBS) at a press conference in Beijing on Monday.
Chinese authorities pledged in late September to reverse the property market downturn and stabilize the sector. Since then, the country has rolled out a slew of measures to prop up the market, including cutting mortgage rates, lowering down payment ratios and relaxing purchase restrictions.
In terms of the capital market, China has made headway in the utilization of its first monetary policy tool -- the Securities, Funds and Insurance companies Swap Facility (SFISF) program, to support market development.
With an initial scale of 500 billion yuan (about 70.04 billion U.S. dollars), the SFISF program allows eligible companies to use their less liquid assets as collateral in exchange for highly liquid assets such as treasury bonds and central bank bills. Through this tool, they can secure funds from the market for investment in the stock market.
"Driven by policies aimed at stabilizing the property market and boosting the capital market, notable improvements were observed in these sectors in October. Positive factors continued to accumulate in November, posting upbeat market transactions. In November, both the sales area and sales revenue of newly built commercial housing showed positive growth. Major cities have seen prominent improvement in housing sales. Meanwhile, stock trading activities became more active, with the trading volume and turnover value on the Shanghai and Shenzhen stock exchanges both increasing by approximately 1.1 times year on year," said Fu Linghui, spokesman of the NBS.
The decline in the prices of commercial residential homes in China's 70 large and medium-sized cities narrowed on a year-on-year basis in November, data from the NBS showed on Monday.
In the four first-tier cities -- Beijing, Shanghai, Guangzhou and Shenzhen -- new home prices dropped 4.3 percent year on year, a decline narrowing 0.3 percentage points from October.
Notably, Shanghai, China's economic hub, saw a 5 percent increase in new home prices last month, the NBS said.
China's property, stock markets see prominent improvement, transactions: official
