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JEDDAH, Saudi Arabia, June 22 (Xinhua) -- China will stick to the a sustainable energy strategy and make active contributions to the sustainable energy development and energy security in the world, Chinese Vice President Xi Jinping said on Sunday. China will put emphasis on both energy exploitation and conservation with priority given to economizing on energy consumption, Xi said at the ongoing International Energy Conference held in the western Saudi port city of Jeddah. Chinese Vice President Xi Jinping addresses the the international energy meeting held in Jeddah, Aaudi Arabia on SundayChina has drafted a plan to reduce the energy consumption in per unit gross domestic product by about 20 percent by 2010 from the 2005 level, Xi said. "We'll take all possible measures to achieve the goal," he told the one-day meeting. China will try to meet the demands for economic growth and the improvement of people's life by increasing domestic energy supply, Xi said. China still has great potential for domestic energy supply, as the country has abundant reserves in coal, the major source for its energy. Its rich hydroelectric resources, plus other new energies such as nuclear energy, wind energy, are yet to be fully exploited, he added. China will pursue diversified development of energy supplies, Xi said. Various energy forms such as coal, oil and gas, hydroelectricity, wind electricity and solar energy will supplement each other to secure a stable energy supply, he said. Technological progress and innovation in the energy field will be encouraged in China, said the vice president. China will enhance its ability of innovation, break through the bottlenecks of energy technology and seek new ways to exploit energy resources, he said. China will strive to build a resource-conserving and environment-friendly society by ensuring the coordinated development of energy production and environmental protection, he said. China will also adhere to the principle of mutual benefit in the energy field and strengthen cooperation with energy producing and consuming nations, he added.
BEIJING, July 27 (Xinhua) -- The China National Petroleum Corp. (CNPC), the country's largest oil producer, planned to cut its workforce by 5 percent in upcoming three years as its profits had been squeezed by heavy refining losses. The oil giant had 1.67 million staff last year, which meant more than 80,000 of them would be laid-off within three years, Beijing News reported. The move followed CNPC's earlier announcement to cut non-production spending by 10 percent from a year earlier, the paper said. The China National Petroleum Corp. (CNPC), the country's largest oil producer, planned to cut its workforce by 5 percent in upcoming three years as its profits had been squeezed by heavy refining losses. CNPC's profit before tax dropped by 39 percent year-on-year to 56.4 billion yuan (8.3 billion U.S. dollars) in the first half year as a result of refining loss and windfall taxes on crude oil sales. To reduce costs, CNPC halted or cut investment in 49 projects in June, saving the company up to 20.72 billion yuan. PetroChina, CNPC's listed arm, announced last month to issue no more than 60 billion yuan to "satisfy the operational needs of the company, further improve its debt structure, reduce financing costs and supplement working capital."

BEIJING, Oct. 6 (Xinhua) -- Chinese Premier Wen Jiabao and his Australian counterpart Kevin Rudd, in a phone conversation on Monday, exchanged opinions on relations between their two countries as well as the international financial crisis and climate change. Wen spoke positively of the development of the mutually beneficial cooperation between China and Australia. He said China is willing to work with Australia to intensify coordination and cooperation, and meet the complicated global challenges in a bid to promote harmonious and sustainable development of the world. The Australian prime minister lauded China's position and active role in handling the international financial crisis. Rudd said the international community should strengthen cooperation to establish and improve the mechanism to guarantee the transparency and consistency of the international financial system. Australia would like to work with China to reinforce exchanges and cooperation in international finance and in multilateral and bilateral fields, he added.
hina was 249 million U.S. dollars, increasing by 218.4 percent from 2004. China's export to and import from Laos were respectively 164million U.S. dollars and 85 million U.S. dollars, rising by 162.4 percent and 653.8 percent from 2004. Till the end of 2007, Laos had accumulatively invested 17 million U.S. dollars in China, and the latter's non-financial direct investment accumulatively reached 146 million U.S. dollars. While China and Laos maintained a good momentum of development on political relations, they also expanded the range of trade and economic cooperation. The cooperation with governments, regional bodies, non-governmental organizations and private sectors have been intensified and deepened, Bouasone said. The Third GMS Summit, with a theme of "Enhancing Competitiveness Through Greater Connectivity", aims to sustain and deepen economic cooperation and integration efforts among the GMS countries in order to better meet development challenges and realize the common vision of an integrated, harmonious and prosperous subregion.
来源:资阳报