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BEIJING, Sep. 2 (Xinhua) -- China's Vice Premier Zhang Dejiang Thursday called upon Chinese industrial firms to improve the quality of their products as part of the efforts to transform China's economic growth pattern.Chinese enterprises should boost the quality of industrial products by upgrading their technologies and establishing a quality-based credit system of enterprises, said Zhang at a forum held in Beijing which focused on how to improve the quality and reputation of Chinese industrial products.He also called for accelerating the establishment of industrial standardization system, actively taking part in drafting and revising of related international standards and establishing a reward and punishment system that favors firms that manufacture high-quality products.Zhang also urged China's domestic firms to step up efforts to nurture indigenous brands to make "made in China" a byword for high-quality products.
TIANJIN, Oct. 8 (Xinhua) -- The capacity of China's plantation industry might decline as a result of global warming, according to a report released during a new round of UN climate talks being held in north China's Tianjin Municipality from Oct. 4 to 9.If no proper measures were taken, the capacity of China's plantation industry might decline by 5 to 10 percent by 2030, characterized by a reduction in the output of wheat, rice and corn, said the report, released by the Chinese Academy of Agricultural Sciences and several other organizations during the conference."The situation may get worse after 2050," the report warned.It said the soaring content of carbon dioxide in the atmosphere would have a "significant" impact on the output of wheat, rice and corn.Also, higher temperatures might put more farmland in China at risk from of insect damage and forest fires, the report explained.Further, some farmland might be inundated if the sea level rises as a result of global warming, it said.China has only about 7 percent of the world's arable land, while feeding more than 1.3 billion people which accounts for about 20 percent of the world' s population.
BEIJING, Oct. 11 (Xinhua) -- China on Monday vowed to continue its financial support to reconstruction projects in areas ravaged by the major Wenchuan earthquake in 2008, promising lower rates on loans and demanding an easier deposit reserve requirement ratio from banks in the regions.The new pledge came in a joint statement on the website of the People's Bank of China, or the central bank, which announced the continued financial support along with the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.Banks in the quake-hit areas should continue to provide financial support and services to reconstruction projects in the regions, as post-earthquake reconstruction is still in a critical period, the statement said.The magnitude-8.0 quake, with its epicenter in Wenchuan in southwest China's Sichuan Province, left more than 87,000 people dead or missing and more than 374,640 injured. Millions of houses were also flattened during the major quake."We should keep the continuity and stability of our financial support to the regions and make our financial services better targeted and more effective," it said.According to the statement, local banks in the quake-hit areas will continue to enjoy a lower deposit reserve requirement ratio, compared with elsewhere, until June 30, 2011, and such banks will also be exempt from any hike of the reserve requirement ratio during this period.The statement ordered local bank branches in the quake-hit areas to provide prioritized financial services to projects in fields of infrastructure facilities, agriculture, medium and small enterprises, as well as ecological and environmental protection in the region.China's central bank and banking, securities and insurance regulators encourage eligible companies in the quake-hit regions to widen their finance channels through inter-bank short-term bond issuances, bills and other financial instruments, according to the statement.Also, local banks' preferential policies on loans to home reconstruction would remain unchanged in the quake-hit regions, it said.However, loans to projects with high consumption of energy and heavy pollution must be strictly controlled in a bid to facilitate energy-savings and reduce carbon dioxide emissions in the region, according to the statement.Chinese lenders had extended 172.4 billion yuan (25.35 billion U.S. dollars) loans for relief and reconstruction in regions devastated in the earthquake by the end of the first quarter, according to the central bank's figures released in May this year.Outstanding loans at banks in quake-hit provinces, including Sichuan, Shaanxi and Gansu, surged 34 percent year on year to 2.29 trillion yuan at the end of March.
BEIJING, Sept. 27 (Xinhua) -- Chinese Premier Wen Jiabao and his Spanish counterpart Jose Luis Rodriguez Zapatero discussed ways to make Sino-EU relations more mature and stable in a phone conversation on Monday.Wen said China highly values its economic and trade cooperation with Spain and firmly backs Spain and the European Union (EU) in their efforts to overcome difficulties and realize economic recovery and growth.Wen spoke highly of Spain's active role in promoting ties between the EU and China.He said reinforcing a comprehensive strategic partnership between China and the EU is in the fundamental interests of both sides as profound changes are taking place in the current international political and economic landscape.He urged political leaders on both sides to offer vigorous guidance in this regard.The Chinese premier, who will attend the 8th Asia-Europe Meeting and the 13th China-EU summit early next month, said he is looking forward to mapping out comprehensive cooperation plans with the EU side and exploring ways to jointly tackle global challenges.Wen also said he wishes to work for pushing forward the resettlement of problems existing between China and the EU, so as to make the bilateral relationship more mature and stable and make it develop forward with full vitality.On his part, Prime Minister Zapatero spoke highly of the development of the Spain-China relationship and expressed thanks to China for its strong support for Spain as well as the EU to tackle the financial crisis and stabilize the economy.He said Spain would like to use the mechanisms such as the mixed committee on trade and economic cooperation between the two countries to enhance economic and trade cooperation with China in an all-round way and boost the further development of their bilateral ties.He said the EU attaches great importance to its ties with China, and the 13th China-EU summit is of great significance to the development of a comprehensive strategic partnership between the EU and China, adding that Spain is ready to contribute to the success of the meeting.
BEIJING, Nov. 7 (Xinhua) -- Premier Wen Jiabao will attend the opening ceremony of the third Ministerial Conference of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries, to be held in Macao later this month.Wen will attend the function and inspect the Macao Special Administrative Region during a visit slated from Nov. 13 to 14, said a statement from his office Sunday.