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BEIJING, Nov. 5 (Xinhua) -- Chinese President Hu Jintao's speech at the sixth Group of Twenty (G-20) Summit has drawn positive comments from the international community, which praised the address for proposals for efforts to maintain world economic growth and financial stability.In the speech delivered at the Nov. 3-4 summit in Cannes, France, Hu put forward a package of proposals urging the world's major economies to work together to promote growth and financial stability."It is imperative that we stand on a higher plane, transcend differences on specific issues, move beyond short-term considerations, and jointly seek ways to overcome the crisis and sustain development," Hu told the summit.Chinese President Hu Jintao gives a speech at the Group of Twenty (G20) summit in Cannes, France, Nov. 4, 2011."At this critical moment, the G-20 must work to address the key problems, boost market confidence, defuse risks and meet challenges and promote global economic growth and financial stability," Hu said.Reporting developments at the G-20 summit, the Reuters news agency quoted Hu as saying in the speech: "As the premier forum for international economic cooperation, the G20 must continue to demonstrate the spirit of standing together in times of adversity and pursuing win-win cooperation. At this critical moment, the G20 must work to address the key problems, boost market confidence, defuse risks and meet challenges, and promote global economic growth and financial stability."Reuters also said Hu hopes to send a clear message of ensuring economic development and boosting stablity to the international community.The French newspaper Le Figaro reported that Hu expressed confidence that Europe could overcome its debt crisis.The website of Estado de Sao Paulo, Brazil's daily newspaper, quoted Hu as saying that China has made contributions to world economic growth, and that an imperative task for the G-20 summit was to maintain economic growth.At the summit, Hu said that a priority for world leaders is to maintain robust economic growth, and called attention to the maintenance of domestic growth in China, which would benefit the world economy, the newspaper reported.The newspaper also cited Hu as calling for advancing reform of the international monetary system in a steady manner, expanding the use of the Special Drawing Rights of the IMF, reforming the SDR currency basket, and building an international reserve currency system with stable value, rule-based issuance and manageable supply.O Globo newspaper of Brazil reported that in the speech, Hu demanded that Western countries stop exerting pressures on emerging economic powers to compel them to appreciate their currencies.The newspaper quoted Hu as saying: "To keep asking emerging markets to revalue their currencies and reduce exports will not lead to balanced growth. On the contrary, it would only plunge the global economy into a 'balanced recession' and make sustainable growth impossible."In a related development, Robert Zoellick, president of the World Bank, issued a statement on the G-20 summit on Friday, saying: "The G-20 today presented an agenda to restore confidence in the global economy through its commitment to reinvigorate growth, create jobs, ensure financial stability, and make globalization more sustainable and inclusive."The global economy is still very much at risk from faltering economies in developing countries, and the Eurozone deal has bought some time, and the challenge is how to use the time, Zoellick said."I believe it would be very useful if the G20 leaders can send a strong signal on follow-through after the Eurozone announcement so as to sustain and build confidence," Zoellick noted.

BEIJING, Jan. 7 (Xinhua) -- China's financial system is running on a stable course despite the global financial crisis. However, apparent problems and potential risks still linger, as the crisis has not ended, Premier Wen Jiabao said.Wen made the remarks at the two-day National Financial Work Conference that concluded Saturday. The meeting, held every five years, mapped out development plans for the financial sector in the upcoming five years. Similar meetings were held in 1997, 2002 and 2007."China's economy has maintained stable and relatively fast growth with stabilized consumer prices and improvements in people's lives. The financial system is running steadily. The good momentum of economic and social development remains unchanged," Wen said.Chinese Premier Wen Jiabao ( front) attends the National Financial Work Conference in Beijing, Jan. 7, 2012."We have the confidence, capabilities and conditions to move economic development to a new stage," he said.China has resolutely pushed forward a series of financial reforms which have set significant historical milestones. Large commercial banks have remarkably improved their capabilities of guarding against risks, Wen said."We should especially note that the global financial crisis has not ended. We should strengthen our awareness of risks and responsibilities in order to push financial work to new levels," he said.In the future, China will stick to the principal of having the financial industry serve the real economy to prevent virtual bubbles from inflating the economy, he noted.Wen voiced his support for the development of financial innovation, but stressed that this should not escape supervision. "Risk-aversion should be the lifeline of our financial work," he said.He pledged to allow market forces a greater say in deciding fund allocation and to more clearly define the government's role.Financial oversight will be tightened and improved, and banks should establish a more complete and prudent supervision system, he said.According to a statement released after the meeting, China's assets in the financial industry totaled 119 trillion yuan (18.8 trillion U.S. dollars) at the end of November 2011, a 149-percent increase from that at the end of 2006.As of the end of September 2011, the banking capital adequacy ratio stood at 12.3 percent, 5 percentage points higher than that at the end of 2006, while the non-performing loan ratio was 0.9 percent, 6.2 percentage points lower than that at the end of 2006.

LAS VEGAS, the United States, Jan. 12 (Xinhua) -- One of the most revolutionary changes for consumers that may come out of this year's International Consumer Electronics Show (CES) will not be the electronic devices themselves, but the way they are charged.Instead of using traditional cords to power mobile phones, kitchen appliances, and even vehicles, exhibits showcasing wireless power technologies offer a glimpse into the future of how individuals can charge their devices without a plug or cord.Fulton Innovation, who develops and licenses its eCoupled intelligent wireless technology, demonstrated how the technology could be applied across a variety of usage cases at home and at work.At CES, the company announced that it is releasing its next generation wireless power solutions that incorporate near-field resonant magnetic induction, allowing devices to charge without actually touching a charging surface.Additionally, it will allow power to transfer through metal surfaces, a property which had previously been unsafe to use as a surface conductor for power.While the products with integrated eCoupled capabilities currently in the marketplace focus predominantly on smartphone charging surfaces, in part due to the low-power demands of these devices, the company said there will be more applications using this technology expected to come to market in the near future.A large part of the added production scale on the consumer level is due to the standardization of the industry.In 2010, the Wireless Power Consortium (WPC) announced the finalization of the "Qi" standard, enabling interoperability for wireless charging between a power-providing device and electronics receiving power.Currently, the Qi standard is only applicable for the wireless transmission of power up to five watts, and the WPC is undertaking steps to expand this standard to deliver up to 120 watts of power.This standardization enables technology designers like Fulton Innovations to create underlying IP designs and technologies that work across a number of OEMs.The WPC currently has over 100 member companies, including Fulton Innovation, Nokia, Samsung, Haier, and Huawei Technologies.Fulton Innovation also expects to add its eCoupled technology to cars, giving automobile manufacturers the ability to install integrated charging platforms for mobile devices without additional wires or cords.Chinese auto makers Geely, Chery, Chang'an, and Dongfeng were the first to showcase cars at a major auto show featuring Qi standard charging stations during the April 2011 Shanghai Auto Show.The WPC estimates that there will be approximately five auto manufacturers who will release cars with Qi-enabled charging capabilities either late this year or early next year.

TEL AVIV, Jan. 25 (Xinhua) -- Israeli Prime Minister Benjamin Netanyahu on Tuesday praised the relations between Israel and China at a reception celebrating the 20th anniversary of the establishment of diplomatic ties between the two countries."We may be celebrating 20 years of relations, but our peoples are now celebrating a thousand years of friendship," Netanyahu said.He mentioned China's fair treatment towards the Jewish communities in the past, and the safe-haven given to them during the holocaust. "Like the Chinese people, the Jewish people have a long memory. We always remember our friends. We always remember people who extended a hand to us in our darkest days and we are grateful for China for that."Israli Prime Minister Benjamin Netanyahu (R) speaks at a reception celebrating the 20th anniversary of the establishment of diplomatic ties between China and Israel in Tel Aviv on Jan. 24, 2012.The prime minister said that the friendship between the two sides can further deepen. "I think we barely scratched the surface of Israeli-Chinese relations. I have no doubt that in the coming years we'll see a dramatic expansion of these ties," he said."We've talked about doubling the trade (between the two countries). Well, I'd like to see a doubling of a doubling of the trade. I think Israel and China together are a winning combination, " Netanyahu said.In addition to the prime minister, several other senior Israeli officials attended the reception, among them ministers, former ambassadors and envoys to China and key figures in the bilateral ties.Chinese ambassador Gao Yanping said that "Over the past 20 years our pragmatic cooperation has been booming. When we started our diplomatic relations in 1992, our two-way trade volume was only a little bit more than 50 million U.S. dollars. Now the trade volume we have in two days equals that of the whole year of 1992."She said that "The further development of China-Israel relations is not only beneficial to both countries and the two peoples, but also very much conductive to regional stability, world peace and global prosperity.""Facing the ongoing major transformation and adjustment in the region and in the world, the China-Israel relationship is now at a new historical point. We should continue to work together, grow together and succeed together in the years to come," Gao added.

BEIJING, Jan. 22 (Xinhua) -- China restored 23,000 hectares of wetlands in 2011, according to the latest figures from the State Forestry Administration (SFA).An SFA spokesman said China reinforced wetland protection in 2011 by increasing subsidies in protecting wetlands. In the year the country carried out 42 wetland protection projects, increased 330,000 hectares of protected wetland areas, added four wetlands of international importance and 68 national wetland parks.The spokesman said in 2012 the country will further step up wetland protection and restoration, finish the second national wetland resources investigation and carry out pilot projects in assessing healthy conditions of the wetland ecological system.So far China has built more than 550 wetland natural reserves, 37 wetlands of international importance, which were listed in the Ramsar international wetland convention, and 100 national wetland parks. About half of the country's natural wetlands have been brought under effective protection, the SFA said.

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