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BEIJING, May 31 (Xinhua) -- The People's Bank of China (PBOC), China's central bank, issued a circular Monday requiring banks to curb lending to energy-intensive industries, a move echoing government energy-saving and pollution-reduction measures.Banks must strictly review loan applications from companies in energy-consuming industries, the circular said, adding that only bank headquarters can extend loans to finance capacity expansion projects in energy-guzzling sectors.It also banned new credit to any projects not complying with government energy-saving policies.According to the circular, banks should conduct an overall review of loans to energy-intensive industries and report the results to the central bank by the end of June.The State Council, China's Cabinet, urged in early May all government departments make efforts to cut emissions and conserve energy to meet the country's target set in the 11th Five-Year Plan (2006-2010), according to which China will cut its per unit GDP energy consumption by 20 percent compared with 2005 levels by the end of 2010.
ULAN BATOR, June 2 (Xinhua) -- Visiting Chinese Premier Wen Jiabao and Mongolian President Tsakhia Elbegdorj vowed to boost bilateral ties and cooperation during a meeting here Wednesday.Wen said China and Mongolia share a long borderline, which has become a bond of common interests and friendly cooperation."A good bilateral relationship not only serves the fundamental interests of the two peoples, but also can contribute to peace, stability and common development in the region," he said.The Chinese premier said China takes a strategic and long-term perspective when developing relations with Mongolia, adding Mongolia is a priority in diplomacy toward its neighbors."I have reached many important agreements with (Mongolian) Prime Minister Sukhbaataryn Batbold on keeping exchanges of top-level visits, expanding cooperation in areas such as natural resources, energy, infrastructure and agriculture, and promoting cultural exchanges," Wen said.He pledged China is willing to work with Mongolia to promote bilateral exchanges and cooperation in various fields and to bring the two peoples, especially the youths, closer to each other to ensure the steady development of the two countries' good-neighborly partnership of mutual trust in the long run.Elbegdorj said Mongolia and China are good neighbors and Mongolia is committed to strengthening the friendly relations of cooperation with China.The economies of Mongolia and China, with different advantages, are highly complementary, he said, adding he hopes the two sides can expand pragmatic cooperation for mutual benefits.Premier Wen also delivered a speech on Wednesday at the opening of the Sino-Mongolian Economic and Trade Cooperation Forum.In his speech, Wen made four proposals on further boosting bilateral economic and trade cooperation.First, to boost investment in mineral resources development and infrastructure construction. Funds and technological support will be provided for this endeavor.Both nations should push for the completion of a number of major projects at early dates to contribute to the comprehensive enhancement of bilateral ties, he said.China is willing to strengthen cooperation with Mongolia in such fields as energy, railway, highway, port and telecommunications. China is also ready to work with Mongolia to extend bilateral cooperation to such fields as environment, logistics, tourism, science and technology, he said.Second, China supports its enterprises to import more farm and animal husbandry products from Mongolia and encourage them to invest in projects that create more jobs and improve the livelihood of local residents.China is willing to increase economic aid to Mongolia and intensify support for Mongolia's farming industry, education and health sectors as well as poverty reduction efforts, said the Chinese premier.Third, both sides should make specific efforts to implement the medium-term development outline for Sino-Mongolian economic and trade cooperation and continue to strengthen research on strategic issues.Fourth, China and Mongolia should further strengthen their ties within such multilateral cooperation frameworks as Northeast Asia economic and trade cooperation, the Shanghai Cooperation Organization and the Asia-Europe Meeting, and boost cooperation in trade, investment, logistic and technology within a number of sub-regional cooperation frameworks.Wen arrived in Ulan Bator on Tuesday for a two-day official visit to Mongolia, which is the third leg of his four-nation Asian tour. He has visited South Korea and Japan and will also travel to Myanmar.

BEIJING, June 3 (Xinhua) -- A draft regulation on the protection of water resources and ecological environment of the Taihu Lake, the third largest freshwater lake in China, was made public Wednesday to solicit opinions.According to the draft posted on the website of the State Council's Legislative Affairs Office, www.chinalaw.gov.cn, local authorities must readjust their economic structure and eliminate outdated industries with high water consumption and pollution.Recycled paper-making companies with a yearly output of less than 50,000 tonnes, as well as other pollutant-discharging companies with backward production capacities, and those do not operate in accordance with national industrial policies or meet discharge standards, could no longer operate near the Taihu Lake, the draft said.Taihu has been plagued by algae due to severe industrial pollution in recent years. In 2007, an algae outbreak forced local water plants to stop household water supplies in Wuxi City, Jiangsu Province.The draft said local government would set discharge limits and annual pollution reduction plans for all polluters near the lake.Establishment of new chemical and pharmaceutical enterprises and projects, sewage outlets, garbage recycling facilities, golf courses, floating restaurants, poultry and livestock farms should not be allowed near the lake, the draft regulation said.It also banned storage and transportation of toxic materials, and the sales and use of laundry detergent containing phosphorus near the Lake, and demanded limited use of fertilizer and pesticide.Those who violate the draft regulation would face administrative punishment, in addition to fines ranging from 10,000 yuan (1,464 U.S. dollars) to 500,000 yuan or one to three times of the money involved in their illegal activities, and would have to pay for government efforts to undo the damages they have caused, the draft said.The public is invited to comment on the draft regulation any time before June 30 via online postings, email or letters.
SHANGHAI, April 30 (Xinhua) -- China tried to hold a low-carbon opening ceremony for the Shanghai World Expo Friday evening, a fair featuring ideas for sustainable urban life.From energy-efficient stereo system and LED screens to clean and smoke-free fireworks, green ideas were in full swing at the ceremony.Program menus, brochures, gift handbags and props for the ceremony were made of recyclable paper, and used milk boxes had been turned into 2,000 VIP seats.The Expo site boasts a 4.7-megawatt solar power system, China's largest, with solar panels installed on Expo buildings, according to Expo organizers.Most of the materials used to make the pavilions will be recycled, and zero-emission vehicles are used for transport within the Expo grounds, said the organizers.In addition, a wide range of "urban best practices" will be on show in many local and corporate pavilions, showing sustainable urban technologies.
BEIJING, April 3 (Xinhua) -- Chinese Premier Wen Jiabao on Saturday pledged to work with the Japanese government to promote the constant development of bilateral strategic and mutually beneficial relations."We should seize the opportunities to enhance coordination and cooperation and properly resolve relevant problems through bilateral, regional and international cooperation mechanisms," Wen said when meeting with Japanese Deputy Prime Minister and Finance Minister Naoto Kan.Wen said the world now faced a critical period of coping with the international financial crisis, and it was very important for the Asian economies to recover first. Chinese Premier Wen Jiabao (R) shakes hands with Japanese Deputy Prime Minister and Finance Minister Naoto Kan during their meeting in Beijing, capital of China, April 3, 2010Japan had advanced technology in energy-saving environmental protection, green economy, modern manufacturing and services, and China had a huge market demand, he noted.Wen hoped the companies from both sides would draw on their respective strengths, expand trade and mutual investment and promote new growth.
来源:资阳报