Meng Jianzhu (L) Nike VaporMax Flyknit Soldes , member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Commission for Political and Legal Affairs of the CPC Central Committee, meets with Serbian Deputy Prime Minister and Interior Minister Nebojsa Stefanovic in Belgrade, Serbia on Sept. 11, 2017. (XinhuaNemanja Cabric)
BELGRADE, Sept. 11 (Xinhua) -- China and Serbia on Monday agreed to have more cooperation in fighting organized crime and terrorism by using modern technology.


This came after a meeting between Serbian Deputy Prime Minister and Interior Minister Nebojsa Stefanovic and Meng Jianzhu, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Commission for Political and Legal Affairs of the CPC Central Committee.


Stefanovic told a joint press conference after the meeting that Serbia was ready to cooperate with China in order to strengthen the public security of the two countries.


"This will enable us to exchange information about those that could endanger the security of our two countries, and to decisively oppose potential terrorism, extremism, and those who think that our countries could be easy targets for such activities," Stefanovic said.


Several months ago, Serbia's interior ministry began cooperation with Chinese telecommunications company Huawei on a project called "Safe City".


It enables Serbian police to better fight organized crime "by improving our system of cameras and software, and to use this advanced technology to become more efficient in the prevention of various criminal activities", according to Stefanovic.


Meanwhile, Meng said the law enforcement and security authorities of the two countries would continue to work together to provide safer environments for their citizens.


"We agree to undertake strong measures to tackle organized and cross-border crime," Meng said. "Terrorism is a threat and an enemy to the whole world and we will fight against it together."




by Bedah Mengo


NAIROBI, July 11 (Xinhua) -- Kenya's domestic debt has risen to 21 billion U.S. dollars following increased sale and uptake of Treasury bills and bonds as the government seeks to offset a budget deficit.


Central Bank of Kenya (CBK) data indicated on Tuesday that the debt hit the new level at the end of June, from 20 billion dollars at the end of May, a rise of nearly about 1 billion dollars in nearly a month.


About 20 billion dollars of the debt is held in Treasury bonds and bills, which account for 99 percent of the total borrowing.


Of the two, however, Treasury bonds account for the largest chunk at 64 percent with Treasury bills standing at 35 percent.


Following the surge in borrowing, the share of domestic debt to total public debt, which stands at 40 billion dollars, is 51 percent.


Each week, the Central Bank puts up for sale T-bills worth 233 million dollars but ends up accepting up to 300 million of investors' bids, pushing up domestic debt.


The National Treasury attributed further the increase in domestic debt to a rise in Treasury bonds holdings as investors' appetite shift towards the relatively longer dated securities following a more normalized yield curve.


The government is currently ahead of its domestic borrowing target for the current fiscal year, having borrowed some 97 million dollars against a target of 60 million dollars, according to Cytonn, a Nairobi-based investment firm.


The firm added that domestic debt is expected to sustain an upward trend in the coming months following reduced credit to private sector by commercial banks.


Private sector credit in the East African nation declined to 17-month low of 4.1 percent in the first quarter of 2017 from 21 percent in 2015, with the drop blamed on introduction of interest rate caps on commercial banks loans.


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Weekly choices of Xinhua photo


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