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BEIJING, Aug. 28 (Xinhua) -- China's restrictions on rare earth industry will assist in protecting the environment, Chinese Commerce Minister Chen Deming said here Saturday."Mass-extraction of rare earth will cause great damage to the environment, that's why China has tightened controls over rare earth production, exploration and trade, " Chen told media during the third China-Japan high-level economic dialogue.He said what China had done was also consistent with the rules of the World Trade Organization.China is the largest producer of rare earth elements, which are used in hybrid car motors, computer hardware and components for high-tech products.Chen said the restriction policy would also have an adverse impact on the Chinese market, where parts for Japanese products were assembled.He stressed that in order to protect the country's environment, China had no choice but to take such measures.During the dialogue, Chen also called on Japan to ease high technology export controls to China and simplify visa procedures for Chinese business people.Japan had expressed concerns over China's export of mineral resources, independent innovation systems and information security policies during the meetings.Chen said, through the dialogue, that the two sides had enhanced communications and increased mutual understanding over these issues.

BEIJING, Sept. 12 (Xinhua) -- Chinese State Councilor Dai Bingguo told Japan early Sunday morning to make a "wise political resolution" and immediately release the Chinese fishermen and fishing boat its coast guard seized earlier this week.Dai made the remarks when he summoned the Japanese Ambassador to China Uichiro Niwa in the wee hours. He was the highest-ranking Chinese official to make a response after the fishing boat and its crew were seized Tuesday in waters off the Diaoyu Islands and its captain was detained on Friday."Dai expressed solemnly (to the Japanese ambassador) the Chinese government's grave concerns and its serious and just position," said the Foreign Ministry in a statement.Dai warned Japan not to make a wrong judgement on the situation and urged it to make a "wise political resolution" and immediately release the fishermen and return the boat.The Japanese ambassador expressed that he would promptly report the Chinese position to his government, according to the statement.China decided Friday night to postpone a negotiation with Japan on the East China Sea issue, which had been scheduled for mid September, after a Japanese court ruled a 10-day detention through Sept.19 against the captain despite protests from China.Previously, Foreign Minister Yang Jiechi on Friday summoned the Japanese ambassador and demanded Japan immediately and unconditionally release the boat and all the crew, saying China's determination to defend its sovereignty over the Diaoyu Islands and the interests of the Chinese people was unswerving.Foreign Ministry spokeswoman Jiang Yu said Friday night when announcing the postponement of the talks that 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."She said Japan's acts have violated the law of nations and basic international common sense, and are "ridiculous, illegal and invalid.""Japan will reap as it has sown, if it continues to act recklessly," Jiang warned.On Tuesday, two Japanese Coast Guard patrol ships and the Chinese fishing boat collided in waters off the Diaoyu Islands in the East China Sea. No injuries were reported, but the fishing boat was then intercepted by the Japanese patrol.

BEIJING, Nov. 3 (Xinhua) -- China's banking regulator on Tuesday said the banking industry, pillar of the nation's financial system, has an important role to play in transforming the country's economic growth pattern as it highlighted four areas in boosting the process.Jiang Dingzhi, vice chairman of the China Banking Regulatory Commission, on Tuesday urged more efforts be made by the nation's banking sector in expanding consumption-related loans amid the government calling to boost domestic consumption.More channels should be opened to meet the varied consumption needs from residents as financial support should lean on the construction of affordable housing. Loans to property developers who make small and medium-sized homes at medium and low prices should be met, but be restricted to them for speculative purposes, Jiang said.Also, the structure of bank credit should be further optimized in line with the restructuring of the nation's economy, Jiang said at an industrial forum held here Tuesday.This could mean polluting and energy-intensive companies may face more difficulties in obtaining loans from banks.Meanwhile, Jiang urged banks to improve their financial services in the rural areas in China as part of the coordinated development between the rural and urban areas.Further, Jiang said banks should work to improve the availability of financial support for small-sized companies and low-income residents.Jiang said total outstanding bank loans to small-sized companies stood at 7.1 trillion yuan (1.1 trillion U.S. dollars) by the end of September, an increase of 22.3 percent, or 1.3 trillion yuan, compared to the beginning of the year.The growth rate was higher than the average 14.5 percent increase of new loans for all companies during the period, Jiang said.

BEIJING, Aug. 31 (Xinhua) -- A senior Chinese official Tuesday urged state-run publishing houses to resist vulgarity.Li Changchun, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks during a visit to the 17th Beijing International Book Fair.Li also urged Chinese publishers to expand their share of the international publishing market.Li said state-run publishing houses should reform their structures of ownership to increase their competitiveness and expand their international market share.The official also encouraged Chinese publishers to create more publications.Li Changchun (2nd L), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, visits the 17th Beijing International Book Fair in Beijing, capital of China, on Aug. 31, 2010.He also urged them to resist vulgar and kitsch works both in print and in electronic media.The book fair, co-sponsored by the General Administration of Press and Publication, the Information Office of the State Council and other government departments, has attracted nearly 2,000 publishing and distribution companies from more than 58 countries and regions.

BEIJING, Sept. 29 (Xinhua) -- China and Cuba Wednesday held a banquet to celebrate the 50th anniversary of the establishment of diplomatic ties.Zhou Yongkang, a member of China's top leadership, and visiting Vice President of the Council of Ministers of Cuba Ricardo Cabrisas Ruiz addressed the banquet.Zhou, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said China-Cuba relations have endured the changes of the international situation for 50 years.The two countries have also deepened exchange and cooperation in politics, economics and culture."We see from history that it is the common hope of both parties,countries and peoples to maintain a friendly relationship. It is also in the interests of both sides," Zhou said.He said China values its traditional friendship with Cuba.He also said China admires Cuba for its insistence on its sovereignty and its adherence to socialism."China will firmly support Cuba to find a way to development in accordance with its national situation. China will provide assistance to Cuba to help its social and economic development," Zhou said.The senior CPC official also thanked Cuba for its firm support on issues concerning China's sovereignty, security and dignity, saying the CPC, the Chinese government and the Chinese people will never forget Cuba's support."Facts prove that China and Cuba are good friends, comrades and brothers," Zhou said.He also urged more friendly exchange between the two countries to further enhance people-to-people exchange and promote the development of China-Cuba relations.Hailing the establishment of China-Cuba ties as the start of China's friendship with Latin American countries, Cabrisas said the China-Cuba relations will achieve further development with efforts from both sides.In 1960, Cuba was the first Latin American nation to forge diplomatic relations with China.