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BEIJING, July 23 (Xinhua) - Chinese Vice Premier Li Keqiang, on Friday, called for greater efforts to develop and put into use advanced energy technologies as a means of boosting energy conservation and efficiency, and to fuel the country' s sustainable social and economic growth.Li made the remarks when meeting with prize winners awarded for their contributions to China' s energy science and technology advancements here in Beijing.Energy security was key to China' s ongoing urbanization and industrialization, and to the steady and relatively quick long-term economic development of the country, Li said.Chinese Vice Premier Li Keqiang meets with prize winners awarded for their contributions to China's energy science and technology advancements in Beijing on July 23, 2010. Li called for greater efforts to develop and put into use advanced energy technologies as a means of boosting energy conservation and efficiency, and to fuel the country's sustainable social and economic growth on Friday.He urged authorities to focus on energy conservation and environmental protection, enhance China' s energy technology innovation capabilities, optimize energy structures, and establish a modern energy industrial system.Energy use efficiency should also be improved, he said.Noting the rapid development in energy technologies and their large potential markets, the Vice Premier said the country should promote nuclear energy construction while ensuring its safety, and should develop hydro, wind, solar and biomass power in an orderly manner.Efforts should be made to put new technologies into use, and to cultivate innovative capabilities to assure breakthroughs occur in energy sciences and in new technologies, he said.
BEIJING, June 19 (Xinhua) -- The People's Bank of China, China's central bank, has decided to proceed further with the reform of the Renminbi exchange rate regime to enhance the RMB exchange rate flexibility, a spokesperson of the central bank said Saturday.The decision was made in view of the recent economic situation and financial market developments at home and abroad, and the balance of payments (BOP) situation in China, the spokesperson said in a statement.In further proceeding with the reform, continued emphasis would be placed to reflecting market supply and demand with reference to a basket of currencies. The exchange rate floating bands will remain the same as previously announced in the inter-bank foreign exchange market, the spokesman said.The spokesperson said China's external trade is becoming more balanced. The ratio of current account surplus to GDP, after a notable reduction in 2009, has been declining since the beginning of 2010."With the BOP account moving closer to equilibrium, the basis for large-scale appreciation of the RMB exchange rate does not exist," the spokesperson said.The PBOC will further enable market to play a fundamental role in resource allocation, promote a more balanced BOP account, maintain the RMB exchange rate basically stable at an adaptive and equilibrium level, and achieve the macroeconomic and financial stability in China, the spokesperson said.China has moved into a managed floating exchange rate regime based on market supply and demand with reference of a basket of currencies since July 1, 2005.The spokesperson said the reform of the RMB exchange rate regime has been making steady progress since 2005, producing the anticipated results and playing a positive role.With the current round of international financial crisis was at its worst, the exchange rate of a number of sovereign currencies to the U.S. dollar depreciated by varying margins."The stability of the RMB exchange rate has played an important role in mitigating the crisis' impact, contributing significantly to Asian and global recovery, and demonstrating China's efforts in promoting global rebalancing," the spokesperson said.The gradual recovery of the global economy and upturn of the Chinese economy has become more solid with enhanced economic stability. It is desirable to proceed further with reform of the RMB exchange rate regime and increase the RMB exchange rate flexibility, said the spokesperson.
BEIJING, Aug. 11 (Xinhua) -- China's central government has urged more efforts to be made to ensure this year's grain output, a government statement said Wednesday.A string of policies have been rolled out to support autumn grain production, said the State Council, China's cabinet, in the statement released after an executive meeting chaired by Premier Wen Jiabao Wednesday.Autumn grain production is key for China to meet its annual output target as it accounts for 70 percent of the total production.The Ministry of Finance will allocate 1.1 billion yuan (162.4 million U.S. Dollars) to subsidize purchases of fertilizer and pest control, the statement said.Wen urged efforts to restore production in disaster-hit regions at the meeting, after large swathes of farmland have been affected by floods in recent months.Wen also stressed the application of technology and weather forecasting at the meeting.China's summer grain output declined 0.3 percent year on year to 123.1 million tonnes this year, the first fall in seven years, according to the National Bureau of Statistics.
CHANGCHUN, July 31 (Xinhua) -- Soldiers and emergency workers are still struggling to retrieve the thousands of chemical-filled barrels that were swept into a major river by rain-triggered floods in northeast China's Jilin Province.Some 3,000 chemical-filled barrels and 4,000 empty ones fell into the Songhua River Wednesday morning after floods swamped the warehouses of two chemical companies in Jilin City, Jilin Province.The accident happened on the same day when Zhou Shengxian, minister of environmental protection, called for more steps to tackle pollution in the Songhua River while addressing a meeting on water pollution control.Though the river is facing the risk of being contaminated by chemicals, experts have concluded that the root cause of the accident is the irrational layout of chemical factories.MORE THAN 5,000 BARRELS RECOVERED AMID DIFFICULTIESMore than 5,000 of the 7,000 chemical barrels had been recovered as of 7 p.m. Saturday, local authorities said.Additionally, more than 10,000 soldiers and civilians have been stationed at 16 points in Jilin's Songyuan City, where the Songhua River enters Zhaoyuan City in the Heilongjiang Province; their task is to try and recover all the remaining barrels within the territory of Jilin Province.However, as the Fengman Dam, located on the upper reaches of the Songhua River, opened its floodgates Friday afternoon to discharge flood waters, the unrecovered barrels are now flowing faster down the river and it has become more difficult to retrieve them, said Professor Liu Guoliang, a chemist who is leading Heilongjiang's retrieval team.Experts are concerned that the chemical-filled barrels might explode if they slam into a dam at high speed, although the dams may be helpful in intercepting the barrels."The blue barrels are like time bombs. We don't know when any of them might explode," said Chen Yanpeng, a resident of Jilin's Yushu City, who has participated in the salvage work."In addition to retrieving the barrels, people should also consider why this has happened," Cheng said.
GENEVA, July 20 (Xinhua) -- Top Chinese legislator Wu Bangguo held separate talks here Tuesday with parliamentary leaders from South Africa, the Democratic People's Republic of Korea (DPRK) and Kazakhstan and the chief of the World Health Organization (WHO).During talks with Hon Max Vuyisile Sisulu, speaker of South Africa's National Assembly, Wu, chairman of the Standing Committee of the National People's Congress (NPC) of China, said that the peoples of China and South Africa share a deep, traditional friendship.Wu said the two countries have seen their ties develop in a rapid and all-round way since the establishment of diplomatic relations.The two nations have carried out frequent high-level exchanges, with their mutual political trust gradually building up, Wu said.Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress (NPC), meets with Max Sisulu, speaker of the National Assembly of South Africa, in Geneva, Switzerland, July 20, 2010.Wu added that the two countries have also shared understanding and support on issues concerning each other's core interests and maintained close coordination and cooperation on significant international affairs.Noting that economic and trade cooperation continues to expand and that people-to-people exchanges are also gaining momentum, Wu stressed that all those efforts have brought visible and practical benefits to the two countries and their people.China attaches great importance to promoting its relationship with South Africa, and at a time when the international situation is undergoing deep and complex changes, relations between the two big developing countries have transcended the bilateral category and gained increasing global and strategic significance, Wu said.Expressing hope that the two sides can join hands in enhancing their strategic partnership, Wu emphasized that the NPC is ready to consolidate friendly cooperation with South Africa's National Assembly and deepen their coordination and cooperation in international and regional parliamentary organizations.The two legislatures should also work together with their counterparts in other developing countries to call for more attention on development and express their resolve to realize the UN Millennium Development Goals (MDGs), Wu said.For his part, Sisulu said that China is an very important nation on the international stage and an important cooperation partner of South Africa.South Africa's government, parliament and political parties are committed to promoting ties with China, and are hoping for more friendly exchanges and cooperation with China in more areas, he stressed.Sisulu said that a closer relationship with China will benefit South Africa's economic development and enable his country to better cooperate with China in handling global challenges and defending the interests of developing countries.