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BEIJING, May 4 (Xinhua) -- Chinese equities dropped to a seven-month low Tuesday, after the central bank said Sunday it would raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year.The benchmark Shanghai Composite Index lost 1.23 percent to close at 2,835.28 points.The Shenzhen Component Index fell 1.81 percent to 10,960.77 points.Total turnover shrank to 141.55 billion yuan (20.7 billion U.S. dollars) from 191.91 billion yuan on the previous trading day.Losers outnumbered gainers by 533 to 347 in Shanghai and 488 to 429 in Shenzhen.

BEIJING, May 20 (Xinhua) -- China and the United States Thursday pledged to deepen clean energy cooperation as U.S. commerce chief led a large green power delegation to Beijing."As major energy producers and consumers, China and the United States can work together extensively in the clean energy field," Chinese Vice Premier Li Keqiang told U.S. Commerce Secretary Gary Locke in Beijing.The driving force behind cooperation, Li said, lies in the fact that China is actively pushing ahead with clean energy projects while the United States has green energy expertise and technology.Li encouraged the two countries to work more closely in clean energy,greenhouse gas emissions reduction, technological development to add to the momentum of sustainable development.Locke is leading a delegation of business executives from American clean energy companies eyeing China's fast growing green energy market, the size of which the United States has predicted will be 100 billion U.S. dollars by 2020."These 24 companies we brought from America represent a cross-section, a variety of different sectors," Locke said at the start of the meeting."But they still represent the best the United States has to offer in terms of clean energy, energy efficiency, electricity generation and distribution," said Locke, who earlier travelled to Hong Kong and Shanghai on the trade mission that started Monday.The diverse trade mission, the first one led by a U.S. cabinet-level official since Barack Obama assumed the presidency, includes leading energy firms like General Electric and First Solar as well as less well-known companies.Locke, on his third visit to China since he became U.S. commerce chief, characterized clean energy as "an extremely promising industry to foster areas of growth and create new jobs."He underscored the U.S.'s commitment to working closely with China in clean energy.Locke will join U.S. Secretary of State Hillary Clinton, U.S. Treasury Secretary Timothy Geithner and other cabinet officials for the Second China-U.S. Strategic and Economic Dialogue scheduled for Monday and Tuesday in Beijing.

DRESDEN, Germany, April 12 (Xinhua) -- Li Changchun, a senior leader of the Communist Party of China (CPC), met with Stanislaw Tillich, premier of the eastern German state of Saxony here on Monday.Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, arrived here earlier in the day for an official goodwill visit.Cooperation between localities constitutes an important part of Sino-German ties, Li said. He spoke highly of the fruitful bilateral cooperation in economy and trade, education, culture and environmental protection.Li Changchun (L), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, meets with Saxony's State Premier Stanislaw Tillich in Dresden, Germany, April 12, 2010.He hoped the two sides could make more efforts to enhance mutual understanding between the two peoples and make new contribution to Sino-German cooperation.Tillich said that Li's Dresden visit fully demonstrates China's support to the cultural exchanges between localities of the two countries.He told Li that the German side has been preparing for the Enlightenment art show to be staged in China. He believed the show could help push forward bilateral exchanges in the cultural and other areas.

URUMQI, May 11 (Xinhua) -- Turpan, a small Silk Road town in northwest China that became prosperous as a trade hub nearly 2,000 years ago, is earning renown for another reason today.In accordance with the plans of the National Development and Reform Commission, and the National Energy Administration, the Turpan city government has been required to build an 8.8-square-km area into a national model for green city development.Designed to be a model environmentally-friendly city in western China, the new low-carbon city depends not on fossil fuels but solar and wind energy for lighting and hot water supply.It also uses geothermal resources for winter heating and summer cooling, as well as employing electric buses and taxis with zero pollutant for public transport.Wang Guangtao, chairman of the Environment Protection and Resources Conservation Committee of the 11th National People's Congress, expects the project to be valuable for "the strategic adjustment of China's energy consumption structure.""It is the first experimental project in China's arid western interior to develop energy-efficient and pollution-free cities. It will set an example for the use of new and clean energy," he said.With 3,200 hours of sunshine per year, about 1,000 hours more than other Chinese regions at the same latitude, Turpan is rich in solar energy.Project designer Zhu Xiaodi, chief of the Beijing Institute of Architectural Design (BIAD), said the new city aims to make full use of its advantages in solar energy to change the pattern of electricity generation away from the conventional energy supply mode dominated by coal-fired power plants.A photovoltaic power generation plant with installed capacity of 13 megawatts will be built to supply electrical power for the area's residents, to illuminate public facilities and to drive public transportation vehicles, Zhu said.Given China's economic expansion has heavily relied upon coal, which has provided 70 percent of the country's primary energy, much higher than the world average of 29 percent, local authorities hope the Turpan experiment will be a viable way for the country's vast western interior to improve energy use and reduce pollution.Apart from solar energy, the city is also exploring the use of wind power and geothermal resources for public transportation.Memet Kurban, an official at the project's command center, said solar panels would be installed on the rooftops of all buildings in the new city to generate electricity and heat water.The number of private cars will be reduced to the least number possible while solar energy storage batteries will be used to power buses and taxis.Special heat-pump technology is used to make use of shallow geothermal resources in the area.Vice Major Su Tiancheng said a planned population of 60,000 will move into the new city. By the end of the year, 7,000 residential apartments with a combined floor space of 700,000 square meters will have been built, and local government authorities and enterprises are expected to move in.The first-phase of the construction, which began last Wednesday. involved the construction of municipal infrastructure, residential buildings, public utilities and a central water park.A special team made up of experts from BIAD, the International Eurasian Academy of Science, the Solar and Wind Evaluation Center of the China Meteorological Administration and the Guangzhou Urban Planning and Designs Institute are responsible for the overall design of the new city.

UNITED NATIONS, April 14 (Xinhua) -- Representatives from UN Security Council members and other countries on Wednesday sent their deep condolences to the Chinese government and people for a strong earthquake that hit the northwestern part of the country and killed at least 589 people.The diplomats from nearly 40 countries and the European Union offered their condolences to China when they were taking the floor at an open Council debate on the situation in the Middle East, which kicked off here Wednesday morning. The representatives were from the only countries which inscribed to speak at the open debate.Representatives from Austria, Bosnia, Brazil, Britain, France, Gabon, Japan, Lebanon, Nigeria, Russia and the United States offered their condolences to the Chinese delegation for the 7.1-magnitude earthquake, which struck northwest China's Qinghai Province early Wednesday.Condolences were also from such countries as Afghanistan, Argentina, Botswana, Cuba, Egypt, Iran, Kenya, Kuwait, Nicaragua, Pakistan, Sri Lanka, Syria, Tunisia and Venezuela.Earlier, UN Secretary-General Ban Ki-moon and president of the UN General Assembly Ali Treki also sent their deep condolences to China over the strong earthquake.At least 589 people have reportedly died and 10,000 others were injured in the wake of the deadly earthquake, local authorities said.