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BEIJING, Oct. 14 (Xinhua) -- China shut down 1,355 small coal mines with a total production capacity of 125.19 million tonnes by the end of September as part of efforts to restructure its mining industry, the National Energy Administration (NEA) said Thursday.The latest figures indicate that the NEA had surpassed its annual target of eliminating 121.67 million tonnes of outdated production capacity this year.According to the NEA, 1,539 small and dangerous coal mines with 121.67 million tonnes of outdated capacity had to be closed in China this year to meet the country's requirement for preventing deadly accidents and reducing carbon dioxide emissions and pollution.The energy watchdog also said it would strengthen inspection on small coal mines for the rest of the year and ensure that the mining restructuring plan be completed as scheduled this year.China has long relied on coal to fuel its rapid economic growth. About three-fourths of its electricity is generated from coal-fired power stations, according to the NEA.

BEIJING, Sept. 7 (Xinhua) -- Chinese Premier Wen Jiabao on Tuesday called for China and the United States to work closely to make contributions to a steady recovery of global economy.The essential task of the two countries at present is to overcome difficulties and impacts brought about by the economic downturn, Wen said during a meeting with Lawrence Summers, head of U.S. President Barack Obama's National Economic Council, and Deputy National Security Adviser Tom Donilon."China and the U.S. should work together to properly deal with problems and consolidate the foundation for a better relationship in future," he said.Wen said a positive, cooperative and comprehensive China-U.S. relationship was in the fundamental interests of the two countries, and should be promoted unswervingly."Dialogue and cooperation are at the heart of Sino-U.S. relations, and the influence (of them) is unprecedented," he said.Wen proposed the two countries deepen political trust, respect the other's core interests, not interfere in the other's internal affairs and not take the other as an adversary.The U.S. officials told Wen that the Obama administration valued relations with China because the two countries share common interests and the ties will greatly influence the world's future.The United States wanted to promote high-level contacts and frank talks, deepen strategic trust and cooperation, and properly handle any problems so to improve bilateral ties, according to them.They also reaffirmed that the United States will adhere to one-China policy.

NEW DELHI, Nov. 1 (Xinhua) -- Zhou Yongkang, a senior official of the Communist Party of China (CPC), on Monday asked for joint efforts to promote China-India relations."It is an inevitable trend of history to consolidate and develop the peace and friendship between China and India," Zhou told a seminar on China-India ties."We should extract nutrition and wisdom from history to persist in maintaining peace, friendship and mutually beneficial cooperation, and to be good neighbors, good friends and good partners forever," said Zhou, a member of the Standing Committee of the Political Bureau of the CPC Central Committee.He made a five-point proposal on the further development of China-India relations: Zhou Yongkang (L), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Political and Legislative Affairs Committee of the CPC Central Committee, meets with Indian Prime Minister Manmohan Singh in New Delhi, capital of India, Nov. 1, 2010.First, both sides should promote political mutual trust."We should maintain high-level visits and exchanges, strengthen communication and cooperation between our governments, parties, parliaments and the armed forces, promote cooperation in defense and security, respect and accommodate each other's core interests and major concerns and continue to build up strategic mutual trust," he said."By doing so we can further consolidate our strategic cooperative partnership," he added.Second, the two countries should expand cooperation in economics and trade."We should intensify cooperation in areas of resources, energy, agriculture, manufacturing, infrastructure, information technology, etc. and also promote mutual investments," he said."We should properly settle problems arising in these fields, reduce restrictive measures against each other to achieve mutually beneficial and win-win results," he added.Third, China and India should expand friendly exchanges."We should further our exchanges and communication in the fields of culture, education, science and technology, promote exchanges between our two countries' academic institutions, youths, as well as press and media, so as to boost mutual understanding and trust between our two peoples," he said."We should do more things conducive to the Sino-Indian friendship and create a good atmosphere for the healthy development of bilateral ties."Fourth, both sides should strengthen international cooperation."We should actively coordinate our stances and strengthen cooperation in international affairs and deal together with global issues including climate change, food security, energy and resource security, terrorism, separatism and extremism, so as to safeguard developing countries' interests," he said.Fifth, the two should strengthen friendly consultation.For controversial issues and disagreements, the two countries should properly handle them on the basis of mutual respect, consultations on equal basis and mutual understanding and mutual accommodation, so as not to let specific issues affect the overall relations, he said.This year marks the 60th anniversary of China-India diplomatic relations."Looking back into our history of exchanges, we felt that peace and friendship between China and India were deeply rooted in the history and culture of our two countries and among our two peoples," said Zhou, who is also secretary of the Commission for Political and Legal Affairs of the CPC Central Committee."It is an established policy and strategic decision of the party and the government of China to develop friendly relations with India," he said.Zhou arrived here Sunday for a visit. He had visited the tomb of Mahatma Gandhi, leader of India's national independence movement.

BEIJING, Oct. 29 (Xinhua) -- China Merchants Bank said Friday its profit rose 57.4 percent to 20.59 billion yuan (3.07 billion U.S. dollars) in the first three quarters from one year earlier.The jump in net profit was mainly due to higher interest income, the bank said in its business report filed with the Shanghai Stock Exchange.Also, total assets of the mid-sized lender had expanded to 2.36 trillion yuan by the end of September, up 14.10 percent from the end of 2009.Additionally, the bank's non-performing loan ratio was 0.64 percent, down 0.18 percentage points from the beginning of this year.Shares of the bank were down 2.41 percent at 14.57 yuan in Shanghai and down 1.13 percent at 21.95 HK dollars in Hong Kong Friday.