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WUHAN, April 16 (Xinhua) -- China's top political advisor Jia Qinglin underlined building of "an environment-friendly and resource-saving society" when paying an inspection tour to central China's Hubei Province from Monday to Friday.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, went to several of Hubei's cities including Wuhan, Huanggang and Xianning, visiting enterprises, scientific institutes. He also visited villages and counties in the province.He urged more efforts to be made for adjustment and optimization of the industrial structure and for the country's economic growth pattern transformation to be accelerated. Jia Qinglin (2nd R Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, visits FiberHome Technologies company in central China's Hubei Province, April 14, 2010. Jia made an inspection tour in Hubei on April 12-16.He stressed the importance of energy saving and environment protection, particularly in the fields of new and renewable energy development, ecological construction and promotion of a low carbon life style.He also expressed much concern for the victims of the Yushu earthquake in Qinghai Province, and urged government at all levels to help in whatever way possible to save lives. Jia Qinglin (R Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, visits residents at Yijiadi Village of Chibi City, central China's Hubei Province, April 16, 2010. Jia made an inspection tour in Hubei on April 12-16.
BEIJING, May 24 (Xinhua) -- A senior official of the Communist Party of China (CPC) here on Monday called for China and Europe to further promote common development.Li Changchun, member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks at the opening ceremony of the first-ever China-Europe High-Level Political Party Forum in Beijing.China and Europe's common interests have increased to an unprecedented level in a new era of great development, change and adjustment, Li said, putting forth a four-point proposal to further strengthen China-Europe party to party dialogue and to seek common development. Li Changchun (1st L), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, addresses the China-Europe High-Level Political Parties Forum in Beijing, China, May 24, 2010. The forum was opened here on Monday. Li said, China and Europe should carry out in-depth exchanges on global challenges and major international issues to build a harmonious world of lasting peace and common prosperity.Li also called on both sides to discuss openly about issues and challenges concerning the similarities in their state governance and communicate actively on political party building.He said he believed that the forum could help deepen mutual understanding and trust between the CPC and European political parties and promote China-Europe comprehensive and strategic cooperation.Li also talked at the opening ceremony about China's program for tackling financial crisis.The China-Europe High-Level Political Party Forum is scheduled for May 24-25 with the theme "Global Challenges and China-European Cooperation." Chinese officials from the International Department of the CPC Central Committee, Foreign Ministry, Ministry of Commerce, the National Development and Reform Committee as well as over 50 leaders and senior officials from various European political parties attended the opening ceremony.
PARIS, April 27 (Xinhua) -- French President Nicolas Sarkozy says he wants to enhance Franco-Sino relations at all levels because China has an indispensable role to play on the global stage.The French president was speaking in an interview with Xinhua Tuesday before his visit to China, where he will attend the 2010 World Expo in Shanghai.President Sarkozy described bilateral ties and partnership as comprehensive as well as strategic."Comprehensive, because it covers all aspects of our relationship; strategic, because China has become an absolutely essential player on the international stage. There is no more big issue today that we can tackle without China," Sarkozy said.Referring to the establishment of the France-China diplomatic relations 45 years ago, the president said some misunderstanding between the two countries had belonged to the past and he held a firm confidence in China's future."This is why I made the strengthening of the Franco-Chinese partnership a priority of our foreign policy," Sarkozy said.He said relations between the two countries had warmed and France would like to further ties with China "in all dimensions."
BEIJING, April 12 -- As the country begins to phase out obsolete production methods in an economic restructuring drive, industries with overcapacity are likely to face even tougher financing terms this year.In response to the government call to curb excessive capacity, the banking regulator earlier this year asked lenders to maintain strict controls on loans flowing into industries including steel, cement, plate glass, shipbuilding, electrolytic aluminum, the chemical processing of coal and polysilicon.Liu Mingkang, chairman of the China Banking Regulatory Commission, said that commercial lenders should readjust their credit structures to support the country's industrial upgrading and restructuring drive."Loans to industries with overcapacity were growing at a significantly lower pace last year compared with that of the overall credit expansion," he said. Given that the country was considering an exit from the loose monetary policy implemented to counter the financial crisis last year, analysts said credit avenues for industries listed on the government "blacklist" were set to be limited. The Chinese government is targeted to give out 7.5 trillion yuan in new loans this year, lower than the record 9.59 trillion yuan lent in 2009.Indeed, industries with excessive capacity have not benefited from the lending binge last year, as commercial lenders' loans to such industries continued to drop. China Construction Bank (CCB), the nation's second largest lender, said its loans to industries with overcapacity accounted for 12.8 percent of the bank's total outstanding loans as of the end of last year, down from 15.7 percent a year earlier."We've decided to gradually exit from lending to industries with excessive capacity, and will only support leading enterprises in these industries and projects approved by the government," said CCB Vice-President Chen Zuofu.Bank of China, the most aggressive in pushing out credit among Chinese lenders last year, said outstanding loans for overcapacity industries declined to 219 billion yuan as of the end of last year, and account for 7 percent of the bank's total corporate loans.