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BEIJING, Nov. 4 (Xinhua) -- A senior official with the China Chamber of International Commerce (CCIC) said Wednesday the United States has launched the wrong probe at the wrong time into the policies and practices by China in its green technology sector, as now is the "best time" for bilateral cooperation in the sector.The denunciation of the 301 probe by Lin Shunjie, CCIC deputy secretary general, came after the U.S. government decided to initiate an investigation on Oct. 15 into China's policies and practices in the clean energy industry, acting upon a petition filed in September by the United Steelworkers union.The union claimed the massive subsidies and discriminatory policies by China were shutting U.S. businesses out of China's renewable energy market and causing job losses in the United States. These charges come amidst worries that U.S. protectionist measures against its trade partners might be on the rise due to its sluggish economic recovery.However, Lin Shunjie said government subsidies in the United States to protect its clean energy industry were more extensive than those in China, adding the United States should reevaluate its subsidy policies and to especially benefit small and medium-sized companies.Further, Lin suggested the U.S. government increase the channels of financing for these small-scale companies in order to improve their competence in trade, rather than accuse other countries."The competence of small and medium-sized renewable energy companies in the United States is far behind those in Europe, Japan, and even Australia," said Lin, "while the Chinese market is open and is willing to import more products from overseas."Lin added that China had a trade platform for imported goods exhibitions in Shanghai, but so far very few U.S. companies have reached deals. "The U.S. government has not done enough in helping its enterprises increase their exports."The next five to 10 years would be the period when China and the United States see technology transfers and heightened inter-dependence of markets, Lin said while attending a conference held in Beijing on Wednesday.

BEIJING, Sept. 10 (Xinhua) -- China has decided to postpone a negotiation with Japan on the East China Sea issue as part of its response to the seizure of a Chinese fishing boat, said Foreign Ministry spokeswoman Jiang Yu Friday night.The postponed talks, the second governmental negotiations on the principle common understandings on the East China Sea issue, had been scheduled for mid September, according to Jiang.A Japanese court on Friday, despite Chinese protests, ruled a 10-day detention through Sept.19 against the captain of a Chinese trawler which collided with Japanese patrol ships off the Diaoyu Islands in the East China Sea on Tuesday.The Chinese trawler under detention stops at the harbor of Ishigaki, Okinawa, Japan, Sept. 9, 2010. Japan Coast Guard sent the captain of the Chinese trawler which collided with Japanese patrol ships in waters off Diaoyu Islands to prosecutors in Okinawa Prefecture Thursday morning."The Japanese side has ignored China's repeated solemn representations and firm opposition, and obstinately decided to put the Chinese captain under the so-called judiciary procedures. China expresses strong discontent and grave protest," Jiang said."The Diaoyu islands and its adjacent islets have been Chinese territory since ancient times. Japan's acts have violated the law of nations and basic international common sense, and are ridiculous, illegal and invalid," Jiang said."Japan will reap as it has sown, if it continues to act recklessly," Jiang warned.Chinese Foreign Minister Yang Jiechi on Friday summoned Japanese Ambassador to China Uichiro Niwa, saying China's determination to defend its sovereignty over the Diaoyu Islands and the interests of the Chinese people was unswerving.Yang said China demanded Japan immediately and unconditionally release the boat and all the crew, including the captain.On Tuesday, two Japan Coast Guard patrol ships and the Chinese fishing boat collided in waters off the Diaoyu Islands.No injuries were reported, but the fishing boat was then intercepted by the Japanese patrol.

BEIJING, Sept. 18 (Xinhua) -- Chinese Vice President Xi Jinping has urged accelerating research and development of low-carbon technology and mass participation to fulfill national energy saving and emission reduction targets."The global climate change is deeply affecting human beings' living and development. Our country, now in a stage of fast industrial and urban development, is facing obvious environmental pressure," Xi said here Saturday while attending activities to mark this year's National Science Popularization Day.The theme of Saturday's activities is "saving energy and resources, protecting ecological environment and ensuring safety and health."Chinese Vice President Xi Jinping (C) visits solar energy utilization technology while attending activities to mark the National Science Popularization Day in Beijing, capital of China, Sept. 18, 2010.Xi urged the whole society to continue energy-saving and emission-reducing campaigns and support the country's policies on climate change.In addition, Xi urged the country's youth to put forward more ideas for low-carbon life style and contribute their own green inventions.

BEIJING, Oct. 23 (Xinhua) -- One of China's top banking regulators has called upon the nation's commercial lenders to improve their balance sheets and reduce excessive reliance on lending for profits.Wang Zhaoxing, deputy chairman of the China Banking Regulatory Commission(CBRC), said banks should not seek excessive profits from a rapid increase in loans and a widening gap between lending and deposit rates, which is unsustainable.Chinese banks went on a lending spree in 2009 in response to the urging of the government as part of the 4-trillion-yuan (601 billion U.S. dollars) stimulus package to ward off the effects of the global financial crisis.Also, nearly 9.6 trillion yuan in new loans last year fuelled fears of banks distributing bad loans.Many banks continue to depend upon issuing credit to government-backed projects to secure profits, Wang said at an industry meeting Thursday. However, those projects often lack adequate risk management.Further, Wang urged lenders to improve balance sheets and the quality of assets, as well as the ability to manage risk aversion.Chinese banking and financial institutions reported net profits of 668.4 billion yuan last year, of which a lion's share came from the gap between deposit and lending rates, investment proceeds and fees, according to the report on China's banking industry issued by the CBRC in July.The report noted that the average capital adequacy ratio stood at 11.4 percent at the end of last year, above the international safety line, while the non-performing loan (NPL) ratio fell to 1.58 percent, down 0.84 percentage points from the level at the beginning of 2009.Despite the improved data, CBRC chairman Liu Mingkang has repeated warnings that an NPL rebound could bring with it risks from lending to local government financing platforms and the property sector which has accumulated asset bubbles.At the meeting, Wang said the CBRC would enhance oversight to assure unscrupulous and unhealthy financial institutions are phased out of the market.Also, China will gradually move towards a market-driven interest rate mechanism, which would ultimately squeeze bank profits.

BEIJING, Aug. 30 (Xinhua) -- Chinese President Hu Jintao held talks last Friday with top leader of the Democratic People's Republic of Korea (DPRK) Kim Jong Il in Changchun, capital city of northeast China' s Jilin Province.Kim, general secretary of the Worker' s Party of Korea (WPK) and chairman of the DPRK National Defense Commission, paid an unofficial visit to China from August 26 to 30 at the invitation of Hu, also general secretary of the Central Committee of the Communist Party of China (CPC).Hu said that at present, China and the DPRK are increasing vigorous exchange and cooperation in various fields, among various departments and between provinces along the borders. The two sides have maintained close communication and coordination on issues of the Korean Peninsula and the region.Hu said China is ready to work with the DPRK to carefully safeguard and develop friendly and cooperative relations between the two countries.During the talks, Hu put forward three proposals for further strengthening relations between the CPC and the WPK and between the two countries.Firstly, the two sides should maintain high-level contact, which is of great significance to continuously pushing forward the development of the China-DPRK links. Leaders of the two sides should continue to maintain regular communication in various forms.Secondly, the two sides should advance trade and economic cooperation. Expanding and deepening mutually beneficial and win-win trade and economic cooperation is in the basic interests of the two peoples. China is ready to grow trade and economic cooperation on the principles of government guidance with enterprises playing a major role, market operation, and mutual benefits for win-win results.Thirdly, the two sides should strengthen strategic communication. Since the regional and international situation is undergoing profound and complicated changes, prompt, thorough and in-depth communication between China and the DPRK on major issues is of critical importance to effectively maintaining peace and stability in the Northeast Asia region and to promoting common development.

来源：资阳报