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BEIJING, May 17 (Xinhua) -- China hopes the United States will not exclude China when it loosens its export restrictions, Yao Jian, a spokesman with the Ministry of Commerce said here Monday.Yao's remarks came after the United States said over the weekend it might change its exports control regime.The United States should treat all countries equally and not discriminate against China in its export policies, Yao said at a press conference.U.S. Commerce Secretary Gary Locke said in Hong Kong Sunday "concrete proposals" for changes in the exports control could be expected within the next several months.Locke said the review will help with "the sale of highly sophisticated technology that might be embedded in some of the machines and devices like wind turbines, and the software that might operate these very sophisticated systems."The United States' 1979 Export Administration Act limits the export sales of commercial high-technology goods to China. It is considered one of the causes for the trade imbalance between China and the United States.Reform of export restrictions may help the U.S. expand exports and create jobs, Yao said.It would also ease the U.S. trade imbalance and expand Sino-U.S. cooperation, Yao added.Trade volume between China and the United States in the first four months of this year increased 25 percent to 107.18 billion U.S. dollars.As imports are growing twice as fast as exports, China's trade surplus will continue to fall this year, after witnessing a sharp decline from 290 billion U.S. dollars of trade surplus in 2008 to 190 billion U.S. dollars in 2009, Yao said.Locke, who is leading a delegation to promote clean energy technologies in China, will visit Shanghai and Beijing later this week.Locke will meet his Chinese counterpart, Chen Deming, China's Minister of Commerce, in Beijing Sunday on the eve of the start of the Sino-U.S. strategic and economic dialogue.The talks will cover issues of common concern, including bilateral economic and trade cooperation, opposition of trade protectionism and the role of Sino-U.S. cooperation in tackling the global crisis, Yao said.
BEIJING, May 25 (Xinhua) -- China and the United States wound up the two-day 2nd China-U.S. Strategic and Economic Dialogue (S&ED) Tuesday, achieving consensus and even forging agreements in a number of areas of crucial significance for both sides as well as regional stability.It is obviously of the utmost importance the two sides tread the path of dialogue to build cooperation and mutual benefit, given the complicated but important nature of the bilateral relations.HIGH-LEVEL DIALOGUELeaders have acknowledged the vitality of the dialogue mechanism consisting of two tracks: economic and strategic, which was initiated last year by President Hu Jintao and his U.S. counterpart Barack Obama.Hu said when with U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner that he hoped the S&ED would play a greater role in boosting bilateral relations. U.S. Treasury Secretary Timothy Geithner, U.S. Secretary of State Hillary Clinton, Chinese Vice Premier Wang Qishan and Chinese State Councilor Dai Bingguo (L to R) attend a press conference of the second round of China-U.S. Strategic and Economic Dialogues in Beijing May 25, 2010"I hope the four special representatives and both teams will seriously implement the achievements, draw on their experiences, and strengthen the building of the mechanism so it can play a greater role," Hu said, referring to the leaders and ministers chairing the dialogue.Both Clinton and Geithner were special representatives of President Obama. They were joined by Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo, both special representatives of President Hu.They achieved consensus on bilateral relations, facilitating global economic recovery, anti-protectionism in international trade, pushing forward financial reforms and important international affairs.The two dialogue partners also signed agreements covering trade, environment, energy and disease control at or on the sidelines of the S&ED, underscoring the value of the dialogue platform."The two teams worked hard to realize the vision" between Obama and Hu and that the two sides deepened cooperation in the second round of talks with the largest-ever delegation, Clinton said.Clinton told Hu when they met she appreciated the "substantial speech" he made at the opening session of the dialogues.President Obama once even drew on traditional Chinese wisdom of Mencius, a master of the Confucius school of teaching that has helped shape Chinese society, to illustrate the value of the high-level dialogue platform."A trail through the mountains, if used, becomes a path in a short time, but, if unused, becomes blocked by grass in an equally short time," Obama said at the opening of the 1st S&ED last year, quoting Mencius to compare the bilateral exchanges to blazing a path through the mountains.
BEIJING, April 7 (Xinhua) -- The Chinese government said Wednesday it will continue to develop the country's western regions with a focus on improving people's well-being.The government will resolutely push forward the development of the west strategy, which was initiated ten years ago and has facilitated historic social and economic progress in the region, according to a statement released after a executive meeting of the State Council on Wednesday chaired by Premier Wen Jiabao.More efforts will be made to improve education, health services, job creation, social security, as well as cultural and sports development, to promote equal social services, the statement said.Infrastructure construction will be given priority, with the building of hydro-power stations to relieve water shortages in the region, it said.The government also called for sustainable development through a recycling and energy-saving industries and for all projects to meet ecological protection standards.The government's consistent efforts to develop the western regions have helped bridge the region's gap with the better-off coastal areas in eastern China.Figures released by the National Bureau of Statistics showed the industrial added-value for the central and western provinces grew by 17 percent in 2008, 6 percentage points more than the eastern areas.
BEIJING, May 31 (Xinhua) -- China's gasoline prices will be cut by 230 yuan (33.7 U.S. dollars) per tonne and diesel prices by 220 yuan per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced Monday.The price cuts came after a record high in price hikes in April. The previous price cut was in September 2009.Before the adjustment, the benchmark price of gasoline was 7,420 yuan per tonne and diesel 6,680 yuan per tonne.Cao Changqing, head of price department of the NDRC, said the adjustment was "timely and in a proper amount" in response to recent changes in the international crude oil prices.International crude oil prices had been rising before May, when they began to decline, the NDRC statement said. The recent drops had amounted to 4 percent, meeting price adjustment conditions, it added.Cao said the move was also based on the global and domestic economic sitations and oil supply and demand as well as the country's pricing mechanism.In 2009, China adopted an oil pricing mechanism that allows the NDRC to adjust retail fuel prices when the international crude oil price changes by more than 4 percent over 22 straight working daysThe government would raise benchmark prices for domestically-produced onshore natural gas by 230 yuan per thousand cubic meters, or 24.9 percent, to 1,155 yuan per thousand cubic meters because of relatively low prices and strong demand, he said.