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BEIJING, Nov. 16 (Xinhua) -- China exported 16,000 tonnes of rare earth to Japan in the first nine months of the year, equivalent to 49.8 percent of its total rare earth exports, the Ministry of Commerce (MOC) said Tuesday.The figure was a 167-percent year-on-year rise, MOC spokesman Yao Jian said at a press conference.Exports to the United States increased 5.5 percent year on year to 62 million tonnes during the same period, equivalent to 19 percent of China's total rare earth exports.China exported 32,200 tonnes of rare earth in the first nine months of the year at an average price of 14,800 U.S. dollars per tonne.Yao said the Chinese government has tightened regulations concerning the development, production and export of rare earth out of concern for the environment.China cut its 2010 rare earth export quota 39 percent year on year while rare earth development and production capacities were reduced by 25 percent and 23 percent, respectively, he said.In addition, China has added a 15- to 25-percent export duty on rare earth exports while banning the export of 41 rare earth-related processed products.China's restrictive policies have been criticized by Japan, the United States and European countries. They said China's restrictions on rare earth exports violate World Trade Organization rules. China refutes such claims."China's restrictive measures comply with WTO rules, as the steps were taken in the whole process of exploitation, production and export," Yao said.China continued to export rare earth in recent years even as environmental pressures grew and resource-depletion approached, he added.He said China hopes other rare earth-rich nations will develop their own resources while adding that China is ready to cooperate with other nations to mine and process rare earth in an environmentally-friendly way.Rare earth is a key component in the manufacture of high-tech products ranging from computers to airplanes. But mining rare earth is a highly-polluting process.With a 90 percent share of the world rare earth trade, China's export quotas are a sensitive issue. In early November, the MOC denied suggestions there would be a drastic reduction in 2011 rare earth export quotas.
LUANDA, Nov. 20 (Xinhua) -- China and Angola announced Saturday that they have decided to establish a strategic partnership to continue shoring up bilateral cooperation.The leap forward in China-Angola ties came after visiting Chinese Vice President Xi Jinping met with Angolan President Jose Eduardo dos Santos and held talks with Vice President Fernando da Piedade Dias dos Santos.Both sides agreed, they said in a joint communique, that China and Angola are strategic cooperation partners, and that boosting their comprehensive collaboration serves the fundamental and long-term interests of both nations.In line with this understanding, and in order to grasp the opportunities and meet the challenges in the new international landscape, Beijing and Luanda decided to establish a strategic partnership, the document added.The two sides also expressed satisfaction with the steady improvement of their mutual political trust, the continued expansion of their cooperation in trade, culture and many other fields, and the increasingly close coordination on regional and global affairs.Looking ahead, the two sides agreed to continue high-level dialogues, further exchanges between governments, legislatures and parties of the two countries and better communications on bilateral ties and other major issues of mutual concern.Meanwhile, Beijing and Luanda are committed to hammering out a proper mechanism to guide bilateral cooperation at the earliest possible date, and harmonizing their cooperative system with future developments of bilateral relations, according to the joint communique.The two sides also agreed that both countries will constantly improve their cooperation mechanism and enhance the level and quality of their economic and trade cooperation, based on the principles of mutual benefit and common development.The two sides, the document said, will continue to encourage and support their enterprises and financial institutions to expand bilateral trade and investment, giving priority to strengthening cooperation of mutual benefit in such areas as agriculture, industry, infrastructure, urbanization, energy and mineral resources exploration.Also, the two sides will deepen their cooperation in multilateral mechanisms, like the Forum on China-Africa Cooperation, and the Forum on Economic and Trade Cooperation between China and Portuguese Speaking Countries, it added.Additionally, the two sides agreed to further strengthen their exchanges and cooperation in the humanistic area, including education, health, science and technology, sports and journalism as well as human resources training.The two sides reaffirmed that both countries share consensus in areas like safeguarding the common rights of developing countries,and making the international economic order more reasonable and fair.The two sides also will continue to strengthen their consultation and cooperation in such international organizations as the United Nations, the World Trade Organization and maintain coordination on the major international and regional issues, the joint communique said.During Xi's visit, the two sides signed various documents to strengthen and expand cooperation between the two countries.The joint communique also said that Xi's Angolan counterpart has accepted an invitation of the Chinese vice president to visit China.
BEIJING, Jan. 12 (Xinhua) -- Chinese Vice President Xi Jinping on Wednesday urged the Hong Kong-based Chinese General Chamber of Commerce (CGCC) to increase support for the local government and further contribute to regional economic development."Hong Kong's current situation is good in general, but it also faces many challenges. As an important patriotic group, the CGCC should shoulder its responsibilities to ensure and boost the region's prosperity and stability," Xi said in Beijing while meeting a visiting CGCC delegation.Xi noted that the group had been making great contributions to Hong Kong and the mainland by actively participating in the region's social affairs and economic development.Xi said Hong Kong had overcome problems created by the global financial crisis, and was undergoing a strong economic revival.Xi also said that the central government had been taking effective measures to support the region's economic development and improve local people's livelihoods.The CGCC, founded in 1900, is one of the oldest and largest non-profit organizations of local Chinese firms and businessmen in Hong Kong. It has more than 6,000 members.The delegation was led by CGCC chairman Jonathan Choi Koon-shum.
BEIJING, Jan. 4 (Xinhua) -- China's 2010 economic growth is estimated to reach about 10 percent, according to central bank governor Zhou Xiaochuan.In a speech published Tuesday by the People's Bank of China on its website, Zhou said he was not quite confident that the nation's economy has returned to normal, as external conditions continue exerting an important impact on China's economic recovery. ' Zhou stressed that China should be prudent in its macroeconomic policies and needs to conduct counter-cyclical adjustments against "over-expansion."He also reiterated that the government would promote a market-oriented reform of the interest rate regime in a gradual and unwavering way.Zhou first delivered his speech on Dec. 15 when policymakers were intensifying their efforts to curb property prices and dampen inflation, as the nation's consumer price index hit a 28-month high of 5.1 percent in November.
BEIJING, Nov. 23 (Xinhua) -- China's drug watchdog has launched a campaign to expose and crack down on illegal spread and selling of drugs on the Internet."Food and drug administration departments at all levels should explore effective methods to stop the sale of fake or inferior-quality drugs, especially those advertised and sold on the Internet," said Shao Mingli, head of the State Food and Drug Administration (SFDA), Tuesday at a meeting.According to SFDA's monitoring on six major search engines including Google and Yahoo, after typing the key words of "medicine" plus a type of common disease, such as "diabetes" or "high blood pressure," 10 to 30 percent of search results contained illegal drug-related information.Figures show that, among 196 web pages being monitored, 96 percent did not have or failed to show certificates for drug-related trades or other services. Some 39 percent have no Internet Content Provider (ICP) records in the database of telecommunication management departments.ICP is a permit to run web sites in China.According to the SFDA, these illegal sites usually advertise or sell drug products in the name of large hospitals or research institutes. Some even forged pages of the SFDA drug database to fool buyers that their drugs had been approved by the administration.The campaign is part of a nationwide crackdown on the violation of intellectual property rights and the production and distribution of fake and shoddy products, which began earlier this month.