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BEIJING, Nov. 27 (Xinhua) -- China's apparent consumption of crude steel is likely to reach 596 million tonnes this year, a year-on-year increase of 5.6 percent, according to a steel association official.Apparent consumption represents the sum of net imports and output, and can be used to estimate real consumption excluding inventory.Luo Bingsheng, deputy head of the China Iron and Steel Association, expected the country's crude steel output to climb 8.2 percent this year from one year earlier, to reach 624 million tonnes.Luo further noted that a rising investment in 2011 would result in an increase in China's steel demand.If the year-on-year growth of the country's social fixed assets investment maintained itself at around 20 percent next year, China's crude steel apparent consumption would see an annual increase of 40 million to 50 million tonnes next year, said Luo.
LUANDA, Nov. 19 (Xinhua) -- Visiting Chinese Vice President Xi Jinping said here on Friday that China regards Angola as a strategic partner for cooperation and enhancing comprehensive cooperation fits the fundamental and long-term benefit of the peoples of the two countries.Xi made the remarks when meeting with Angolan President Jose Eduardo dos Santos.The Chinese vice president said that the two countries have agreed to elevate bilateral ties up to a strategic partnership, which is of vital significance to the prospect of bilateral relations.Xi, who is here as a guest of Angolan Vice President Fernando da Piedade Dias dos Santos, told the Angolan president that China and Angola have forged profound friendship in Angola's drive to seek national independence and economic development, which has laid down a solid foundation for bilateral relationship.Chinese Vice-President Xi Jinping (L) shakes hands with Angola's President Jose Eduardo dos Santos during their meeting in Luanda, capital of Angola, Nov. 19, 2010.Xi spoke highly of the relations between China and Angola over the past 27 years, noting that mutual political trust has been enhanced and fruitful achievements have been scored in a wide range of fields for cooperation, including finance, energy and infrastructure construction.Since 2006, Angola has become China's biggest trade partner in Africa for four years in a row and Angola has also become China's second crude oil provider across the world.Xi said that his current visit is aimed to consolidate traditional friendship, enhance mutual political trust and deepen cooperation between the two sides.He said that China is willing to join hands with Angola to enhance political trust, expand cooperation and coordinate more in the international arena.On China's Africa policy, Xi said consolidating unity and cooperation with African countries are one of the vital corner stones for China's foreign policy and it is also a strategic choice that China will firmly adhere to for a long time.As this year marks the 10th anniversary of the establishment of the Forum on China-Africa Cooperation, China will join hands with African countries, including Angola, to make more progress on pushing forward the strategic partnership between China and Africa, he added.For his part, Angolan President Santos said that he believed that Xi's current visit would make bilateral ties closer and further boost bilateral cooperation.The Angola president also spoke highly of the development of bilateral ties, saying bilateral trade and economic cooperation has developed very rapidly and fruitfully.He also said China has made pro-active contribution to the world economic balance in its drive to fight global financial crisis.Angola is the third leg of Xi's four-nation trip to Asia and Africa. His first two legs are Singapore and South Africa and he is scheduled to visit Botswana after his Angolan trip.
CHANGSHA, Nov. 28 (Xinhua) -- Central China's Hunan Province began building the country's third National Supercomputing Center (NSCC) on Sunday, where the world's fastest supercomputer, the Tianhe-1A, will be installed. Designed to handle one quadrillion computing operations per second, the NSCC in Changsha will add to the world's eight quadrillion-level supercomputing centers and national labs, said Du Zhanyuan, vice minister of the Ministry of Science and Technology.The new NSCC will be housed in Hunan University in Changsha, capital of Hunan, and the construction is expected to be completed by the end of 2011, said Du.Photo taken on Nov. 28, 2010 shows the effect displaying design of National Supercomputing Center located in Changsha, central China's Hunan Province. Hunan began building China's third National Supercomputing Center on Sunday, where the world's fastest supercomputer, the Tianhe-1A, will be installed. Designed to handle one quadrillion computing operations per second, the NSCC in Changsha will add to the world's eight quadrillion-level supercomputing centers and national labs. The new NSCC will be housed in Hunan University in Changsha, and the construction is expected to be completed by the end of 2011. Earlier this month, the Tianhe-1A at the NSCC in Tianjin, which is capable of 2.57 quadrillion computing operations per second, was certified as the world's fastest supercomputer.Once completed, the Tianhe-1A at the NSCC in Changsha will be able to provide supercomputing services to the weather forecast, scientific research, biological pharmaceuticals, animation design and other complex work in central China, said Xu Shousheng, provincial governor of Hunan."The setting up of the NSCC in Changsha will raise the innovative level of Hunan Province and of central China," said Xu.Apart from the ongoing-construction, China has built two supercomputing centers which are located in Tianjin and Shenzhen, respectively.
BEIJING, Dec. 6 (Xinhua) -- A senior official of China's National Energy Administration (NEA) encouraged Chinese firms to invest in the renewable energy market of the United States to boost their competitiveness in the international market.The statement was made by Wang Jun, head of the department of new energy and renewable energy at the NEA, during the wind power section at the China-US Renewable Energy Investment Forum, also attended by officials from the U.S. Department of Energy and the Department of Commerce."While a number of U.S. companies are establishing firms manufacturing wind turbines, bearings and current converters, thus making China an important part of their global business, the U.S. wind power market remains relatively unknown to Chinese firms," said Wang.He noted that the U.S. wind power market has great potential but is short of funding in the wake of the international financial crisis. However, there remains opportunities for many Chinese wind power enterprises with strong expertise and funding.Wang also identified the lack of knowledge about rules for operating in the U.S. market rules, regulations, policies and financing channels about renewable energy investment, as barriers for Chinese firms to enter the U.S. market.
SINGAPORE, Nov. 14 (Xinhua) -- Chinese Vice President Xi Jinping said here Sunday that China attaches great importance to the development of relations with Singapore and is willing to continue to expand and deepen friendly cooperation of mutual benefit on the basis of mutual respect and equality.When meeting with Singapore Deputy Prime Minister Wong Kan Seng, Xi said China, together with Singapore, will promote the overall and sound development of bilateral relations from the new starting point of the 20th anniversary of the establishment of diplomatic ties so as to further benefit the peoples of the two countries.In the past decades, the bilateral relations have developed rapidly with considerable broadness and in-depth, said Xi, adding that the two countries have enjoyed high level of economic and trade cooperation which can be served as a good model.Chinese Vice President Xi Jinping (L) shakes hands with Singaporean Deputy Prime Minister Wong Kan Seng during their meeting in Singapore, Nov. 14, 2010.He said China and Singapore have achieved fruitful results in human resources and governance exchanges, and conducted close coordination in regards of major international and regional issues.Leaders of the two countries always consider the bilateral relations from strategic and long-term perspective so that the relations have maintained sustainable, stable and sound development, Xi said.With three cooperative mechanisms of vice-prime-minister level in place, the two sides witnessed rapid progress in such fields as hi-tech, Singapore's participation in China's local development, " Going Out" of Chinese enterprises, and human resources development, he said.Xi hoped the joint committee of bilateral relations, a major mechanism, will further offer more support to cooperation in various fields of the two countries so as to achieve mutual benefit and win-win results.China is still a developing country, and faces an arduous task to develop economy and improve people's life, though it has gained the remarkable achievement since the reform and opening-up, Xi said.Wong Kan Seng said it is of great significance of Xi's visit at the 20th anniversary of the establishment of diplomatic relations between the two countries.Singapore and China have a sound and strong basis in their relations, Wong said, adding that a successful and strong China will be conducive to the development of Singapore, also conducive to the benefit of countries in the region.Singapore will further the exchanges and cooperation with China to promote the bilateral relations to a new level.