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BEIJING, June 11 (Xinhua) -- Urban fixed assets investment in China for the first five months rose 25.9 percent year on year to 6.74 trillion yuan (986.76 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Friday.The growth rate was 0.2 percentage points down from that for the first four months, according to figures released by the NBS.In the first five months, central government project investment was 540 billion yuan, up 14.1 percent year on year; investment by local governments soared 27 percent to 6.2 trillion yuan.Investment in railways construction and transportation climbed 20.4 percent to 161.1 billion yuan during the same period.The government is reportedly planning to spend 700 billion yuan on high-speed railway construction this year.Total investment in the primary sector (including farming, fishing and forestry) expanded 16.1 percent from a year earlier.The industrial sector saw investment up 22.4 percent and investment in the tertiary sector, which covers commerce, finance and services, was up 28.8 percent.Property market investment grew 38.2 percent to 1.39 trillion yuan in the first five months, 2 percentage points higher than the figure for the first four months, according to NBS data.

NANJING, July 4 (Xinhua) -- China is mulling using environmental indices as a yardstick to evaluate the performances of local governments and officials as the country seeks to convert its development mode to a green one, experts said Sunday.The new assessment criteria has been proposed in a draft of China's 12th Five-year Plan (2011-2015), which the government is currently working on. The draft is to be reviewed and is expected to be approved in March 2011 by the nation's top legislature, the National People's Congress."This means local governments will have to implement more effective measures to upgrade industries, save energy and cut emissions, rather than simply focus on GDP growth," said Hu Angang, a top policy advisor, at a theme forum of the Shanghai World Expo in Nanjing, capital of east China's Jiangsu Province. The two-day forum ended Sunday.With GDP the most significant indicator in evaluating the performances of local governments and officials, many tend to neglect the environmental factors while concentrating on economic growth."The 12th Five-year Plan will not only be China's first national plan for 'green development' but also the historical starting point on the nation's path towards a 'green modernization'", said Hu, also a prominent economist at Tsinghua University, who has been a member of the research team to draft the 10th, 11th and 12th five-year plans."Altogether, 24 indices in the current draft are about green development, covering more than half of the total index number of 47. Some of those 'green indices' would be used to assess local governments and officials," he added."For instance, indices on 'water consumption per unit GDP', 'proportion of clean coal consumption', 'decrease in natural disaster-resulted economic losses', and proportion of GDP invested in environmental protection' are in the category of assessment criteria in the draft," said Hu."As a large developing country with a population of 1.3 billion people, China is under unprecedented pressure for both economic development and environmental protection," said Zhou Shengxian, China's Minister of Environmental Protection, at the forum."The old path of economic growth based on environmental pollution, implemented in developed countries over the past 300 years, is not feasible in China, and China can not afford the losses brought by this development mode," he added.After the international financial crisis broke out in September 2008, the United Nations Environment Programme (UNEP) advocated the development of a "green economy" worldwide.Many countries have turned to a "green recovery" by developing new energies, environmental protection and recycling the economy.In China's 4-trillion-yuan (about 570 billion U.S. dollars) economic stimulus plan, funds for energy savings, carbon reductions and ecological construction reached 210 billion yuan. Adding on the 370 billion yuan in funds used for innovation, restructuring and coping with climate change, "green investment" accounted for 14.5 percent of the stimulus plan. It indicates the government is shifting its values from traditional "profit maximization" to "welfare maximization."China showed its determination to develop a green economy last year prior to the Copenhagen Conference, promising to cut its carbon dioxide emissions per unit GDP by 40 to 45 percent by 2020, compared with the level from 2005.Experts at the forum believed that, to live up to this promise, China must create more regulations focusing on "carbon emission cuts" in the 12th Five-year Plan and put such reductions into the assessment criteria for officials.There will be much more "green investment" in China's 12th Five Year Plan than the previous one, and the extra investment in energy-saving and emission-cut technologies will grow to 1.9 to 3.4 trillion yuan in the upcoming plan from the current 1.5 trillion yuan, according to a Mckinsey report.Despite China's "green determination", it is never an easy task to achieve the target because of the country's fast GDP growth, the long-dominating energy-consuming economic development mode and a lack of environmental-protection awareness among citizens, experts said.There is still a long way to go for China, as its current energy utilization rate is only one fourth of that of developed countries, said Maurice Strong, a former Under secretary-General of the United Nations and the first executive director of the United Nations Environment Programme, at the forum Saturday."In the new round of China's economic and social transformation, the 'black cat' will be out of the game. Only a 'green cat' is good cat," said Hu Angang, making a joke about a Chinese saying - "It doesn't matter if a cat is black or white so long as it catches mice."

TORONTO, Canada, June 27 (Xinhua) -- Chinese President Hu Jintao and other leaders of the Group of Twenty (G20) members gathered in Toronto on Sunday for the group's fourth summit, which will focus on ways to secure the world economic recovery and address the economic challenges and risks.At the summit, the leaders will exchange views on ways to consolidate the recovery from the global economic and financial crisis and implement commitments from previous G20 summits while laying the foundation for sustainable and balanced growth.They will discuss a wide range of issues, including the world economic situation, the European debt crisis, "the Framework for Strong, Sustainable and Balanced Growth," the reform of the international financial institutions, the global trade and the strengthening of financial regulations, said a senior Chinese official.At the Pittsburgh summit, leaders of G20 members agreed to take action to address imbalances in the global economy by launching the Framework for Strong, Sustainable and Balanced Growth. The framework committed G20 members to evaluating their national policies to ensure they are collectively consistent with more sustainable and balanced trajectories of growth.President Hu is expected to deliver a speech at the summit to explain China's propositions on the world's major economic and financial issues, such as financial reforms and balanced economic growth, said Chinese officials.The Chinese president has participated in all the previous G20 summits -- the Washington summit in November 2008, the London summit in April 2009 and the Pittsburgh summit last September.The Toronto summit is being held at a time when the world economy is recovering but economic challenges and risks remain, posing threats to healthy growth."The global economy continues to recover faster than anticipated, although at an uneven pace across countries and regions. However, the recent volatility in financial markets reminds us that significant challenges remain and underscores the importance of international cooperation," said G20 finance ministers and central bank governors in a communique when they met in Busan, the Republic of Korea, early this month to prepare for the Toronto summit.At the previous three summits, leaders of G20 members coordinated a global response to the financial and economic crisis, implemented stimulus measures to revive the world economy, and agreed on actions to strengthen financial regulation and the reform of international financial institutions. They also agreed to promote trade and resist protectionism.

BERN, SWITZERLAND, July 17 (Xinhua) -- Parliamentary leaders of China and Switzerland on Saturday exchanged views on bilateral ties, parliamentary exchanges and mutual concerns and agreed on closer exchanges between legislative bodies of the two nations for better Sino-Swiss ties.Wu Bangguo, chairman of the Standing Committee of China's National People's Congress (NPC), expressed satisfaction over the significant progress in Sino-Swiss relationship during the recent years at a meeting with Pascale Bruderer, president of the National Council of Swiss Federal Assembly, and Erika Forster- Vannini, president of the Council of States of Swiss Federal Assembly.The development of Sino-Swiss relationship has brought substantial interests to both people and China looks forward to working together with Switzerland to further develop the comprehensive friendship and mutual-beneficial cooperation, Wu said. Switzerland is China's main trade partner in Europe and a major source of foreign investment and technology and China is Switzerland's second largest trade partner in Asia.Wu Bangguo (C), chairman of the Standing Committee of China's National People's Congress, the country's top legislature, meets with Pascale Bruderer (R), president of the National Council of the Swiss Federal Assembly, and Erika Forster-Vannini (L), president of the Council of States of the Swiss Federal Assembly, in Bern on July 17, 2010.Wu appealed that both sides should properly deal with sensitive issues between the two nations to maintain the momentum of the Sino-Swiss relationship. He suggested that China and Switzerland should take more actions to continuously deepen mutual political trust, expand economic cooperation and people-to-people exchanges.The friendly exchange and cooperation between legislative bodies of China and Switzerland will help promote an all-round development of the bilateral ties and are in interest of both people, Wu said.The NPC will work together with the National Council of Swiss Federal Assembly and the Council of States of Swiss Federal Assembly to conduct various exchanges between the two nations' legislative bodies, he added.Bruderer and Vannini said Wu's visit will further promote the Sino-Swiss ties and offer an opportunity for more exchanges between the two nations' legislative bodies. They agreed to conduct closer parliamentary exchanges with China.A further development of Swiss-Chinese ties is interest of Swiss government, legislative bodies and people. The legislative bodies of Swiss will positively push forward the substantial cooperation with China in all areas, they said.

BEIJING, July 23 (Xinhua) - Chinese Vice Premier Li Keqiang, on Friday, called for greater efforts to develop and put into use advanced energy technologies as a means of boosting energy conservation and efficiency, and to fuel the country' s sustainable social and economic growth.Li made the remarks when meeting with prize winners awarded for their contributions to China' s energy science and technology advancements here in Beijing.Energy security was key to China' s ongoing urbanization and industrialization, and to the steady and relatively quick long-term economic development of the country, Li said.Chinese Vice Premier Li Keqiang meets with prize winners awarded for their contributions to China's energy science and technology advancements in Beijing on July 23, 2010. Li called for greater efforts to develop and put into use advanced energy technologies as a means of boosting energy conservation and efficiency, and to fuel the country's sustainable social and economic growth on Friday.He urged authorities to focus on energy conservation and environmental protection, enhance China' s energy technology innovation capabilities, optimize energy structures, and establish a modern energy industrial system.Energy use efficiency should also be improved, he said.Noting the rapid development in energy technologies and their large potential markets, the Vice Premier said the country should promote nuclear energy construction while ensuring its safety, and should develop hydro, wind, solar and biomass power in an orderly manner.Efforts should be made to put new technologies into use, and to cultivate innovative capabilities to assure breakthroughs occur in energy sciences and in new technologies, he said.