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BEIJING, April 28 (Xinhua) -- Chinese Premier Wen Jiabao Wednesday called for greater efforts to fulfill the energy-saving and emission reduction goals set out in the nation's 11th Five Year Plan.According to the plan laid out in 2006, China will cut its per unit GDP energy consumption by 20 percent compared with 2005 levels by the end of 2010.Relevant departments must work harder to help enterprises close down old and polluting production facilities, he said at a State Council meeting.The departments must also suspend approval of new projects by enterprises failing to eliminate backward production capacity, he added.He also stressed efforts to curb the expansion of high energy-consuming industry, and emphasized strict control of exports of goods produced in an energy-inefficient way.Wen said energy-saving and emission reduction are priorities for the construction and transportation industries.Public institutions nationwide are expected to lower their energy consumption by 5 percent year on year in 2010, he added.More energy-conservation and emission-reduction publicity campaigns should be organized to promote the development of "green" consumption, he said.

BEIJING, May 12 (Xinhua) -- The China-Arab Cooperation Forum has become an important platform to enhance collective dialogue and cooperation between China and the Arab world, said Chinese Foreign Minister Yang Jiechi here on Wednesday.Yang made the remarks in a meeting with his counterparts from Arab countries attending the fourth Ministerial Meeting of the China-Arab Cooperation Forum, scheduled on Thursday and Friday in north China's port city of Tianjin.Yang hailed the steady growth of China-Arab friendly cooperative ties based on the Five Principals of Peaceful Co-existence and features mutual trust, benefits and support.He said the two sides had set up more than ten cooperative mechanisms covering politics, economy, trade, culture and education since the China-Arab Cooperation Forum was launched six years ago.The upcoming ministerial meeting is an important one to push forward further development of the forum mechanism, he said."China is ready to join hands with the Arab side to boost new progress of our cooperation, in a bid to benefit the two peoples," said Yang.Participants attending the meeting include Somali Minister of Foreign Affairs Ali Jama Ahmed Jengeli, Jordanian Minister of Foreign Affairs Nasser Judeh, Lebanon Minister of Foreign Affairs Ali Shami, Mauritanian Minister of Foreign Affairs and Cooperation Naha Mint Mouknass, Libyan Secretary for Foreign Liaison and International Cooperation Mousa Kousa, Minister of Foreign Affairs Sheikh Abdullah Bin Zayed Al Nahyan of the United Arab Emirates and Secretary-General Amr Mahmoud Moussa of the League of Arab States.They told Yang the Arab countries highly values their relations with China, eyeing the up-coming meeting as a new start to further boost Arab-China cooperation in various areas.Foreign ministers and officials from China and 22 Arab states will attend the two-day meeting in Tianjin.

BEIJING, April 9 (Xinhua) -- Visiting U.S. Under Secretary of State Robert D. Hormats said here Friday he is very optimistic the United States and China could address problems in a constructive way.He made the remarks when delivering a speech at the China Institute of Contemporary International Relations. Hormats, who once served as a senior economics advisor to Dr. Henry Kissinger, has visited China many times.He hailed the U.S.-China relationship that has witnessed "remarkable development" since the two countries forged diplomatic ties.But that does not mean there are no differences or competition between the United States and China, he added.Still, when looking back, the differences the two countries have been resolved in a constructive way, he said.The two countries' leaders understand they need to get along, he said.Hormats has made the visit to China amid calls in the United States for China to let its currency, the yuan, appreciate in value against the dollar.He said the United States commends China for its efforts to undertake rebalancing in China, and "we think China had made great progress.""We do not regard the competition with China as a zero-sum game," Hormats said, adding that strong growth in China helps the United States.The U.S.-China relationship is extremely important, and the two countries have a great opportunity now to do things in their common interests, he said.At the upcoming Nuclear Security Summit in Washington, Chinese President Hu Jintao and U.S. President Barack Obama will meet while the second China-U.S. Strategic and Economic Dialogue will take place in May.Hormats also said the two countries need to enhance collaboration within the global architecture, and expand cooperation in areas such as clean energy, innovation and economic rebalancing.Hormats will also attend the annual meeting of the Boao Forum for Asia (BFA) in China's southernmost Hainan Province.

BEIJING, April 5  --The People's Bank of China says the country will be more open to foreign capital this year even though the prospect of a strong economic recovery is still unclear.Although the impending withdrawals of various countries' economic stimulus packages may also complicate the efforts to end the global economic crisis, the Chinese government has decided to increase the penetration of foreign capital into the country's financial industry in an appropriate way.An editorial in the "Global Times" quotes some western officials who said if China opened its market to western financial institutions the way it opened its market to five-star hotels, the potential risks would be huge for the country itself and the world at large.The editorial warns the doors to free trade should not swing open too quickly and that market openness should be managed at the right pace, as China has done during the past three decades. But it also notes that the stakes are higher in the country's financial industry. It argues that if China is fully open to foreign capital, the capital operation pattern common in developed economies such as the United States and several European nations will not suit its existing financial system on such short notice. As a result, chaos would erupt sooner or later in the financial sector.The editorial concludes that China should gradually liberalize its financial industry, because a sudden torrent of foreign capital would be undesirable. It calls for a prudent approach to financial liberalization that would yield a productive outcome as evidenced over the past three decades of gradual financial reform whereby more market competition has been encouraged and distressed loans have been effectively curbed. Such a policy has shielded China from being hit as severely by the current financial crisis and enabled it to rebound quicker than other advanced nations.

BEIJING, April 2 (Xinhua) -- Leaders of seven countries have confirmed their participation in the opening ceremony of Boao Forum for Asia's 2010 meeting in south China's Hainan Province on April 10, Foreign Ministry spokesman Qin Gang said Friday.The leaders are: Lao President Choummaly Saygnasone, Danish Prime Minister Lars Loekke Rasmussen, Mongolian Prime Minister Sukhbaataryn Batbold, Iranian First Vice President Mohammad Reza Rahimi, Afghan Vice President Mohammad Karim Khalili, Timor-Leste's Vice President Jose Luis Guterres and Cambodian Senior Minister and Minister of Planning Chhay Than.Qin said Chinese Vice President Xi Jinping will meet the foreign leaders on the sidelines of the forum.The forum, which will focus on Asia's green and sustainable development in the wake of global economic downturn, is to be held in Boao, a coastal resort in Hainan, from April 9 to 11.Danish Prime Minister Lars Loekke Rasmussen will also pay a working visit to China as guest of Chinese Premier Wen Jiabao, Qin said.

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