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BONN, Germany, April 10 (Xinhua) -- The Copenhagen Accord should not act as "the third track" of climate talks and the urgent situation calls for all parties advance talks without delay in 2010.That's according to Su Wei, head of the Chinese delegation to the Bonn meeting held from April 9 to 11.Su told Xinhua on Friday that he expected that the ministerial-level U.N. conference to be held in Cancun, Mexico in December could achieve "three interdependent targets," as the 2009 Copenhagen summit failed to fulfill the task assigned by the Bali Roadmap."The first is to confirm quantified post-2012 emission-cut targets for the developed countries bound by the Kyoto Protocol," he said, "The second, the developed countries which haven't endorsed the Protocol should determine comparable emission-cut goals under the U.N. Framework Convention on Climate Change (UNFCCC).""Last but not least, developed countries should provide practical support to developing countries on climate funds and technology transfer," Su said.The Copenhagen Accord, which was put forward at the last minute after marathon talks in late 2009, reaffirmed the principle of "common but differentiated responsibilities" for developed and developing nations.It also upheld the dual-track negotiating mechanism of the UNFCCC and its Kyoto Protocol and reached important political consensus on several key issues, such as climate financing, long-term objectives and transparency of mitigation measures, Su told Xinhua."One of the prior tasks at present is that the political consensus achieved in Copenhagen should be reflected in the negotiating texts of the two working groups, so as to push the negotiations forward in 2010," he said.The two working groups, both under U.N. framework, are named as the Ad-hoc Working Group on Long-term Cooperative Action (AWG-LCA) and the Ad-Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP).Su also said that the Copenhagen Accord was an important political declaration on climate talks, but the deal itself could not substitute for the dual-track mechanism set by the Bali Roadmap in late 2007."The accord cannot be the third track, and all parties should continue the negotiating process under the existing dual-track mechanism, and focus on pending issues left by Copenhagen summit," he said.Su called for more climate meetings this year for both working groups, so that all parties could have plenty of time to "fully exchange their concerns and positions.""Developing countries, such as African nations, are the most vulnerable to global warming and in need of financial and technological support from developed countries when facing climate challenges," he said."The current process has lagged behind the schedule set by the Bali Roadmap, urging us to accelerate the negotiating process to prevent further damages," he added."Affected by internal economic crisis, some developed countries tend to strides back in climate issues, as the public's environmental enthusiasm diminished," Su warned. "Some rich nations emphasized their economic recovery while weakening efforts on climate aid and technological assistance for developing countries.""This backward gesture of rich countries sent strong negative signals to the ongoing climate talks," Su said.The Copenhagen Accord had pledged to offer 10 billion U.S. dollars per year to help poor countries combating climate change in the next three years, known as "the fast-track approach" and to boost the aid to 100 billion dollars annually by 2020."The amount of the money was apparently inadequate, compared with the tough mission of fighting climate change, but it was still far better than none," he said. "What we hope is that these promises can be converted into real actions, to fulfill the urgent demands of some poor countries on tackling climate change."He also noted that the United States, the main emitter and player in climate talks, remains "uncertain" on its actions of emission cutting, as the country's carbon-capping bill seemed stalled in the Senate."The international community expects the United States, the leading economy in the world, to make positive contributions on emission reduction and long-term climate financing mechanisms, which would weigh a lot for promoting the U.N. climate negotiations," he said.As for China, Su said his country would continue to play an active and constructive role, demonstrate utmost sincerity and make its best effort for reaching a widely accepted framework on combating climate change.The United Nations held a new session of formal climate change negotiation in the German city of Bonn from April 9 to 11, the first round this year, aimed at drawing up a calendar on climate talks for the whole 2010.Another session of U.N. climate talks will also take place in Bonn, headquarters of U.N. Climate Change Secretariat, from May 31 to June 11
VIENNA, May 19 (Xinhua) -- Visiting Chinese Minister of Commerce Chen Deming stressed here on Wednesday that China will continue to stick to the policy of opening up and protecting the legitimate rights and interests of foreign-invested enterprises (FIEs) in the country.Speaking at a joint press conference with Reinhold Mittelehner, the Austrian economic affairs minister, and Christoph Leitl, president of the Austrian Chamber of Commerce, Chen said the Chinese government will step up intellectual property protection, and that all foreign investment enterprises in China will be treated equally.He called on Austria's small and mid-sized businesses to invest in China, especially in western China where "there are better chances."China and Austria should amend their agreements on investment protection for better results, Chen said.In addition to cooperation in traditional industries such as machinery, auto parts and transportation infrastructure, China and Austria can also cooperate in clean energy and environmental protection, Chen said.Chen was leading a trade mission to Austria. The two countries signed over a dozen cooperation agreements in trade and economy.

YANGON, June 3 (Xinhua) -- Chinese Premier Wen Jiabao left Yangon for Beijing on Thursday after concluding a two-day visit to Myanmar, the last leg of his four-nation Asian tour.MEETING MYANMAR COUNTERPARTDuring talks with his Myanmar counterpart U Thein Sein in the capital city of Naypyitaw, Wen and Thein Sein agreed to further promote relations and cooperation between the two countries.Noting that this year marks the 60th anniversary of the establishment of China-Myanmar diplomatic ties, Wen told his host that he came to Myanmar with Chinese people's profound feelings of friendship for the Myanmar people and their strong aspiration for closer bilateral ties.Visiting Chinese Premier Wen Jiabao (Center L) attends a signing ceremony for 15 documents on cooperation in natural gas, hydropower and other fields, with his Myanmar counterpart U Thein Sein (Center R) in Naypyitaw, Myanmar, on June 3, 2010.During the past 60 years, China and Myanmar have both upheld and followed the Five Principles of Peaceful Coexistence, achieving far-reaching progress in bilateral ties and also creating an exemplar of cooperation between nations with different social institutions, said Wen, the first Chinese premier to visit Myanmar in 16 years.Wen added that China respects the path of development the Myanmar government and people have selected in line with their country's conditions, and appreciates the valuable support Myanmar has long offered on issues concerning China's core interests.Wen stressed that China is ready to join hands with Myanmar to deepen their friendship and expand cooperation, thus remain good neighbors, good friends and good partners for ever.With their land bordering each other and their economies mutually complementary, China and Myanmar have enjoyed a grand prospect of mutually beneficial cooperation, said Wen, while recalling that thanks to their joint efforts, the two countries not only effectively withstood the impact of the global financial crisis but also brought their bilateral trade volume to a new high.In the next phase, Wen said, both sides should make proper planning of key areas and projects for cooperation, speed up the interconnection of the two countries' infrastructure, and complete the agreed major cooperation projects in energy, transportation and other areas in a timely manner and with good quality.The Chinese premier emphasized that China is willing to continue providing assistance to the best of China's ability for Myanmar's economic and social development.For his part, Thein Sein said that Myanmar and China share common borders and the two peoples have long been friendly to each other.Since diplomatic relations were established 60 years ago, the two countries have respected each other, treated each other on an equal footing and in friendly terms on the basis of the Five Principles of Peaceful Coexistence, he said.He also noted that recent years have witnessed frequent exchanges of high-level visits and significant achievements in trade and other areas of bilateral cooperation.Myanmar appreciates the understanding and support from China and adheres to the one-China policy, the prime minister said.Thein Sein said that Myanmar highly appreciates China's development, places high values on its cooperation with China from a strategic perspective and promptly implements the key cooperation projects the two sides have agreed on.He added that Myanmar will avail itself of the opportunity of the 60th anniversary of bilateral diplomatic ties to join hands with China to promote their bilateral relations of good-neighborly cooperation to a new high.The two leaders also agreed to make concerted efforts to maintain peace and stability along the common borders between the two countries and turn the borders into a bridge for friendly cooperation between the two countries.Following their talks, the two leaders attended a signing ceremony for 15 documents on cooperation in natural gas, hydropower and other fields.
BEIJING, May 9 (Xinhua) -- China needs more reasonable carbon emission quotas to buoy the nation's fast economic development amid the progressing industrialization and urbanization, said an official with the nation's top economic planner Sunday.Economic development is still a priority for China as it has to enable the 1.3 billion people to live decent lives, Su Wei, director of the climate change department of the National Development and Reform Commission (NDRC), said at the International Cooperative Conference on Green Economy and Climate Change.The "high carbon" characteristic rooted in Chins's energy structure would not be fundamentally changed in a short term as the development and use of clean energy such as wind and solar power started late in China, he said.Unreasonable industrial structure and relatively backward industry technology also made China's carbon emission reduction drive difficult , said Su.But he also said China has stepped up efforts to curb carbon emission since it vowed in last November to reduce the intensity of carbon dioxide emissions per unit of GDP in 2020 by 40 to 45 percent compared with 2005 levels.
BEIJING, May 24 (Xinhua) -- Chinese equities rallied for the second consecutive trading day on Monday, and most stocks rose led by property shares as concerns over tougher measures on the property market eased.The benchmark Shanghai Composite Index rose 3.48 percent to close at 2,673.42 points.The Shenzhen Component Index gained 4.03 percent to 10,620.13 at the close.Total turnover climbed to 222.12 billion yuan (32.53 billion U.S. dollars) from 156.19 billion yuan on the previous trading day.Gainers outnumbered losers by 884 to 1 in Shanghai and by 944 to 2 in Shenzhen.Property shares staged strong growth after the China Times newspaper reported that an official from the country's top economic planning body said that the the government would not impose a property tax within the next three years.China Vanke Co., the country's largest listed property developer by market value rose 4.19 percent to 7.70 yuan. Gemdale Corporation grew 6.94 percent to 7.09 yuan.Xinjiang-related shares continued to gain from the government plans to boost regional economic development unveiled last Wednesday.Xinjiang Beixin Road and Bridge Construction Co. rose by the daily limit of 10 percent to end at 26.66 yuan. Xinjiang Urban Construction (Group) Co. closed at 14.00 yuan, an increase of daily limit.
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