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BEIJING, May 12 (Xinhua) -- The United States wants to work with China to expand the global economy and promote the development of the green economy, said a U.S. Commerce Department official Wednesday in Beijing.Cameron Kerry, General Counsel of the U.S. Department of Commerce, said at a news briefing at the U.S. embassy that the two countries faced an important time in their relations."My visit here this week is an appetizer in the banquet of events between the U.S. and China."According to U.S. Commerce Department, Commerce Secretary Gary Locke will lead the first cabinet-level trade delegation to China next week to promote exports of leading technologies as part of President Barack Obama's state export plan to increase U.S. employment.The department said the mission was intended to promote exports of leading U.S. technologies related to clean energy, energy efficiency, and electric energy storage, transmission and distribution.The two sides would also exchange views on issues such as trade and the investment environment, innovation and the protection and enforcement of intellectual property rights, said Kerry.Locke will also attend the economic track dialogue of the second round of Sino-U.S. strategic and economic dialogue in Beijing in late May.Twenty-four U.S. companies will join Locke for the China leg of the trade mission. The delegation will stop in Hong Kong, Shanghai, Beijing, and Jakarta.

BEIJING, June 1 (Xinhua) -- China has promising growth prospects and should not be blamed for world imbalances, says Danny Quah, a renowned British economist."Emergency financing that was placed in the Chinese economy to counter the downturn from the 2008 global financial crisis was the right thing...The imbalances is a global problem, not a China problem," said Quah, a professor at the London School of Economics and Political Science.China did the right thing in infusing its economy with fiscal stimulus, Quah said in a recent interview with Xinhua.He also declined to describe the ballooning real estate prices as a bubble, pointing out "the strong fundamentals" of China's economy.He said the expansion of China's housing construction will be proved useful eventually, given the fact that "China is still engaging in the task of moving hundreds of millions of people from rural areas to urban China to continue to power its manufacturing and industrial progress.""So I would not describe it as a collapse of real estate bubble, we can look forward to a rationalization of housing and real estate prices," Quah said. "The improvement and expansion of housing stock will play an important role in continuing to move the Chinese economy forward.""I think Chinese fundamentals will continue to be strong. And a little bit of high inflation, as long as it doesn't break out into some kind of runaway high inflation, is probably no bad thing," he said. "We will get it under control again as the Chinese government did previously."On allegations that China deliberately keeps its currency RMB weak to obtain unfair advantages in trade with countries like the United States, Quah said people who draw such a false conclusion are misguided."The United States is running a trade deficit not just against China. It is running a trade deficit against almost 100 other countries," he said. "China is not unique in how it is exporting more to the United States than it's importing."The U.S. government was beginning to run a large trade deficit long before China's trade surpluses started grow, he added."If you take the ratio of China's bilateral trade surplus against the U.S. as a fraction of the U.S.' overall bilateral trade deficit against all of the countries, it has remained constant over the last 15, 20 years," Quah said.

BEIJING, June 4 (Xinhua) -- Chinese Premier Wen Jiabao on Friday sent a message to Naoto Kan to congratulate him on his election as Japanese prime minister."China and Japan are important close neighbors to each other and important countries in Asia and the world. The development of stable, long-term good neighborly relations between them is in the fundamental interests of the two countries and two peoples and is conducive to peace, stability and prosperity in Asia and the world at large," the Chinese premier said.Wen noted that his recent visit to Japan was a big success, which helped make new progress in the development of bilateral ties. He said China is willing to work together with Japan to implement in real earnest the important consensuses the two countries have reached and push forward the strategic relations of mutual benefit in line with the principles laid down by the four important political documents concerning bilateral relations.Kan was voted in as prime minister by the lower house of Japanese parliament on Friday afternoon to succeed Yukio Hatoyama.

BEIJING ,May 6 -- China Mobile on Wednesday launched an online platform that enables its subscribers to read and download digital publications through cell phones and e-book readers, as part of its effort to profit from the country's emerging mobile reading market.The world's biggest cellphone carrier in terms of subscribers kicked off an e-book store similar to Apple's iBook store, which gives users wireless access to a series of online publications such as e-books, comics and magazines."Reading habits have fundamentally changed," said Gao Nianshu, general manager of China Mobile's data department. He said the company hopes the new platform will attract over 200 million users in the near future. Primary school students in Yangzhou, Jiangsu province, read e-books. China Mobile hopes its newly launched platform will attract over 200 million users in the near future.According to figures from China's Ministry of Industry and Information Technology, cellphone users in the country reached 780 million at the end of March. Of that group, mobile readers surpassed 155 million, the ministry said.Interest in e-book readers made by firms such as Hanwang Technology, Amazon and Founder since last year also significantly boosted demand for mobile reading.Gao said China Mobile's new e-book platform, which currently covers about 40 percent of the best selling books in the country, has attracted over 15 million users during four months of testing in eight areas.He said the company's online e-book store will also support the iPad, the tablet computer launched by Apple Inc last month."Mobile reading has become a popular service with mobile Internet users in China," said Zhang Yanan, analyst from research firm Analysys International, in a research note.But he said that although about 45 percent of Chinese mobile Internet users read books at least once a day by mobile phone, few of them are willing to pay for online content.According to China Mobile, the subscription fee for its online e-book store is up to five yuan per month, 40 percent of which will be shared with copyright owners.Zhong Tianhua, head of China Mobile's subsidiary in Zhejiang province, who oversees the company's online e-book store business, said the company's strategy is to attract as many users as possible in the first three years with the lowest pricing possible.Companies including Nokia, Motorola, Hanwang, Founder, Datang and Huawei Technologies have released products that support China Mobile's new service. But many e-book makers have also established their own online e-book stores, putting them in competition with China Mobile.It was reported earlier this week that China Mobile plans to team up with Foxconn Electronics of Taiwan province to produce its own e-book readers.

VIENNA, May 19 (Xinhua) -- Visiting Chinese Minister of Commerce Chen Deming stressed here on Wednesday that China will continue to stick to the policy of opening up and protecting the legitimate rights and interests of foreign-invested enterprises (FIEs) in the country.Speaking at a joint press conference with Reinhold Mittelehner, the Austrian economic affairs minister, and Christoph Leitl, president of the Austrian Chamber of Commerce, Chen said the Chinese government will step up intellectual property protection, and that all foreign investment enterprises in China will be treated equally.He called on Austria's small and mid-sized businesses to invest in China, especially in western China where "there are better chances."China and Austria should amend their agreements on investment protection for better results, Chen said.In addition to cooperation in traditional industries such as machinery, auto parts and transportation infrastructure, China and Austria can also cooperate in clean energy and environmental protection, Chen said.Chen was leading a trade mission to Austria. The two countries signed over a dozen cooperation agreements in trade and economy.