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HEFEI, July 7 (Xinhua) -- Senior Chinese leader Wu Bangguo urges here Tuesday the role of low-carbon economy in the development of east China's Anhui Province. "As the world is focusing on low-carbon economy, we should seize the opportunity by promoting solar, wind and other reproducible energies, providing endless power for the sustainable development of the country's economy," said Wu, a member of the Standing Committee of the Communist Party of China Central Committee Political Bureau, during a visit to Anhui between July 2 and 7. Wu Bangguo (C), a member of the Standing Committee of the Communist Party of China Central Committee Political Bureau and chairman of the Standing Committee of the National People's Congress, visits a plant of Anhui's Conch Group in east China's Anhui Province, July 3, 2009. Wu Bangguo paid a visit to Anhui between July 2 and 7.Wu praised Anhui's Conch Group for growing from a small cement factory to one of the country's largest construction material companies. "The company has been promoting environmental protection by reducing the consumption of coal and the emission of carbon dioxide, which, in return, brought more profitable opportunities for the company," he said. In 2007, Conch began to cooperate with foreign groups in making energy-saving equipment. As of the end of May 2009, Hailuo had sold 96 energy-saving power generators to 20 domestic and foreign cement companies. Wu Bangguo (2nd R), a member of the Standing Committee of the Communist Party of China Central Committee Political Bureau and chairman of the Standing Committee of the National People's Congress, visits the research department of Chery Automobile Co., Ltd. in east China's Anhui Province, July 3, 2009. Wu Bangguo paid a visit to Anhui between July 2 and 7.Wu, also chairman of the Standing Committee of the National People's Congress (NPC), or top legislature, also visited the country's leading automobile maker Chery, headquartered in Anhui'scity of Wuhu. According to sources with Chery, the company is shifting its focus from oil-fueled cars to electric and hybrid-energy vehicles. Under the policy of expanding domestic demand, Chery's sales from January to May achieved a year-on-year rise of 60 percent. "The global financial crisis has brought both challenges and opportunities. While ensuring the steady and rapid economic development, we should also see clearly ahead and change the pressures from the market into momentum." Wu especially stressed the development of the north region of Anhui. Six cities of Fuyang, Bozhou, Huaibei, Huainan, Suzhou and Bengbu are in the north of Anhui. With 46 percent of the province's population, these cities only accounted for 20.4 percent of the province's financial income in 2008. "The north region of Anhui is the country's important food-producing area and coal energy base. Its development considerably affects Anhui's overall situation," Wu added.

BEIJING, May 15 (Xinhua) -- China has called for the EU to recognize its market economy status soon, said Yao Jian, spokesman for China's Ministry of Commerce (MOC) here Friday. China's Commerce Minister Chen Deming will attend the 11th China-EU Summit in Prague in the Czech Republic next week, Yao said. The summit will address China's desire to be recognized as full market economy by the EU soon, the limitation on high-tech exports to China from the EU and bilateral economic cooperation, Yao said. China need not be recognized by any country in terms of market economy as a concept, but market economy status is a technicality that will help China receive fair treatment in anti-dumping investigations, Yao said.
MOSCOW, May 13 (Xinhua) -- China's top legislator Wu Bangguo said here Wednesday the strategic partnership of cooperation between China and Russia is currently showing a momentum all-round and rapid growth, as high-level contact remains frequent. Wu said in recent years, China-Russia relations have been lifted to new stages as cooperation in all fields reached an unprecedentedly high level. Russian President Dmitry Medvedev (R) shakes hands with Wu Bangguo, chairman of the Standing Committee of the National People's Congress (NPC) of China, in Moscow, capital of Russia, May 13, 2009Wu made the remarks as he met with Russian President Dmitri Medvedev Wednesday afternoon. Wu, chairman of the Standing Committee of the National People's Congress (NPC) arrived here for an official goodwill visit Wednesday. Wu conveyed Chinese President Hu Jintao's greetings to Medvedev. He highly appreciated frequent contact between leaders of the two countries, saying Medvedev's visit to China last year contributed to the continuous growth of the strategic partnership between the two countries on a high level. Medvedev said he and Chinese President Hu Jintao had held their first meeting this year during the London G20 summit in April. He expressed the wish that the presidents of the two countries will have more meetings later this year, saying he expects President Hu to pay a state visit to Russia in June. Medvedev also expects to meet with President Hu during the Shanghai Cooperation Organization summit and the summit of "BRIC" countries, namely Brazil, Russia, Indian and China later this year. In order to push for long-term, healthy and stable growth of China-Russia relations, Wu suggested that the two countries should enhance political trust and share mutual understanding and support on major issues concerning each other's core interest. The two countries should maintain consultation and cooperation on regional and international affairs so as to push for multipolarization and democratization of international relations. Wu said the two countries should also strengthen cooperation in such areas as economy, trade, energy, investment and local exchanges. He said the two sides should earnestly carry out the cooperation agreements they have already signed. Wu expressed the wish that the two sides should actively overcome difficulties in progress and practically resolve existing problems in their cooperation so as to secure bilateral trade from the impact of global financial storm this year. Wu said the two countries should step up dialogues and cooperation on financial issues. He said they should maintain close contact and coordination at bilateral and multilateral levels. The two countries should exchange views on maintaining stability of their own financial market and pushing forward reform of the international financial and currency systems, Wu said, adding that China and Russia should join hands to promote the stability of international financial market and rally of global economy. Medvedev said under the current situation, strengthening cooperation between Russia and China is not only conducive to the development of both countries, but also to resumption of world economy and establishment of a new, just and rational international political and economy system. Medvedev said Russia places importance on expanding relations with China and is ready to deepen mutual trust and expand cooperation with China in such fields as energy, trade, investment and local contact. China and Russia are to hold a series of activities to mark the60th anniversary of establishing diplomatic links this year. High-level contact has been growing closer in recent years, as President Hu and President Medvedev met four times last year. Wu and Medvedev jointly stressed the importance of parliamentary exchanges between the two countries, saying the exchanges reflect the high level of development of China-Russia partnership of strategic cooperation. Wu said the high level of China-Russia partnership is fully reflected in such areas as frequent contact between top leaders of the two countries, the staging of "Russian Language Year" in China, the signing of an oil cooperation agreement between the two governments and the exchanges between the NPC and Russian parliament. Medvedev said Wu's visit to Russia reflects the momentum of fast growth in bilateral links. Under the current environment of international financial crisis, coordination between the parliaments of the two countries will be conducive to advancing bilateral cooperation. He said Russia places high importance on parliamentary exchanges and cooperation between the two countries.
SHANGHAI, July 12 (Xinhua) -- China Eastern Airlines on late Sunday announced that it will merge Shanghai Airlines through a shares swap and the two will resume stock trading in Shanghai Monday. Shanghai Airlines will exchange one of its A shares for 1.3 shares of China Eastern after the former's shareholders are given a 25 percent risk premium, the latter said in a statement filed to the Shanghai Stock Exchange. Shanghai Airlines Chairman Zhou Chi said on June 30 that the transfer of shares will take about four to five months. Liu Jiangbo, spokesman of the working team overseeing tie-up affairs, said Shanghai Airlines will become a wholly-owned subsidiary of China Eastern and retain its brand and independent operation. Liu told Xinhua that the merger has entered a concrete stage after the announcement of the detailed merger plan. This is a major step to promote the consolidation of regional airlines and to facilitate building Shanghai into an international air and shipping hub, he said. The merger will give China Eastern, one of China's three state-owned airlines, about 50 percent market share in Shanghai. China Eastern reported a net loss of 13.9 billion yuan in 2008 because of weak travel demand in the economic downturn and wrong-way bets on fuel prices. China Eastern and Shanghai Airlines shares have been suspended from trading since June 8 while waiting for the merger talks. China Eastern last closed at 5.33 yuan and Shanghai Airlines closed at 5.92 yuan. China Eastern is listed in Hong Kong and Shanghai and Shanghai Airlines is listed in Shanghai.
来源:资阳报