/helloworld/222.py

import codecs 

text=codecs.open("C:\\Documents and Settings\\User\\qwerty.txt", encoding = 'utf16').readlines()

print text

output=codecs.open("C:\\Documents and Settings\\User\\qwert.txt", encoding = 'utf8', mode = 'w')

for l in text:

	output.write(l)

output.close()