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BEIJING, May 31 (Xinhua) -- The People's Bank of China (PBOC), China's central bank, issued a circular Monday requiring banks to curb lending to energy-intensive industries, a move echoing government energy-saving and pollution-reduction measures.Banks must strictly review loan applications from companies in energy-consuming industries, the circular said, adding that only bank headquarters can extend loans to finance capacity expansion projects in energy-guzzling sectors.It also banned new credit to any projects not complying with government energy-saving policies.According to the circular, banks should conduct an overall review of loans to energy-intensive industries and report the results to the central bank by the end of June.The State Council, China's Cabinet, urged in early May all government departments make efforts to cut emissions and conserve energy to meet the country's target set in the 11th Five-Year Plan (2006-2010), according to which China will cut its per unit GDP energy consumption by 20 percent compared with 2005 levels by the end of 2010.
BEIJING, May 27 (Xinhua) -- Chinese and Indian presidents Thursday agreed that the two Asian countries should further develop partnership and cooperation for mutual benefits as well as regional and global peace and development.Chinese President Hu Jintao and his Indian counterpart Pratibha Devisingh Patil held talks in Beijing Thursday afternoon. Patil arrived in Beijing Wednesday for a six-day state visit to China, the first of its kind over the past decade.Hu said expanding the strategic partnership of cooperation between China and India conformed with fundamental interests of both countries and their people and was conducive to peace, stability and development of the region and the world.He said leaders of the two countries should have frequent meetings and negotiation to enhance mutual trust, for which governments, legislatures and political parties should also play a role. Chinese President Hu Jintao (L) and Indian President Pratibha Patil inspect a guard of honor during a welcoming ceremony held for Patil in Beijing, capital of China, May 27, 2010.President Patil said India-China relations were of global and strategic significance, and all political parties in India were supportive of further advancing such relations.On trade and economic cooperation, Hu urged the two countries to push forward cooperation in fields including finance, agriculture, science, technology, forest and environmental protection.The two countries should create a more flexible environment for each other's companies to make investment and undertake construction contracts, he said.Both countries must adhere to the principles of openness and mutual benefit while opposing protectionism in any form, he said.Describing trade and economic cooperation as a pillar of bilateral ties, Patil said India and China should work together to realize trade target that had been set.Hu said China and India should work more closely to address global issues such as economic downturn, climate change, energy security and food security.The two countries should maintain close communication and coordination within multilateral mechanisms such as China-Russia-India, BRIC, BASIC, and G20, in a bid to increase the voice of developing countries, Hu said.Patil said India was ready to strengthen cooperation with China to address the global issues and safeguard the interests of developing countries.Both presidents agreed that the two neighbors should step up people-to-people exchanges in the areas of culture, education, media, youth and non-government sectors.Celebrations such as "China Festival" in India and "India Festival" in China would be held this year to mark the 60th anniversary of the establishment of diplomatic relations.After the talks, the presidents witnessed the signing of a number of cooperative documents in the areas of tourism, human resources and sports.President Patil also met with top Chinese legislator Wu Bangguo and Premier Wen Jiabao Thursday.Besides Beijing, she will visit Luoyang City in central China's Henan Province and will attend the 2010 World Expo in Shanghai.
BEIJING, May 19 (Xinhua) -- Chinese Vice Premier Li Keqiang has called for the protection of biodiversity and more efficient use of resources to accelerate the transformation of the economic growth pattern and promote sustainable development.Li, also head of the China Committee of the International Year of Biodiversity, told a plenary meeting of the committee Tuesday "biodiversity is the basis for the existence and development of human beings.""China boasts biodiversity riches, and biological resources are one of the nation's strategic resources," said Li, also a Standing Committee member of the Political Bureau of the Communist Party of China Central Committee.2010 is the International Year of Biodiversity.As one of the 12 nations in the world with biodiversity riches, China boasts various types of terrestrial ecosystems. The number of species in China ranks the first among countries of the Northern Hemisphere, statistics show.Li said biodiversity is very important for improving farming, technological innovation, and promoting development.Li said the system of ecological protection and the management of natural reserves should be improved so the country's unique and endangered species are better protected."Efforts should be made to prevent blind- and over- exploitation, and the impact of exploitation on biodiversity should be reduced to a minimum," Li said.He said most Chinese regions rich in biodiversity are located in the west and are underdeveloped. Li called for both ecological protection and improvement in livelihoods in these regions."The protection of biodiversity is a common environmental problem faced by the international community and a development issue concerning human progress," Li said.Biological-technology research and development should be strengthened and international cooperation should be deepened, Li added.Tuesday's meeting also deliberated documents concerning China's protection of biodiversity.
PARIS, April 27 (Xinhua) -- French President Nicolas Sarkozy says he wants to enhance Franco-Sino relations at all levels because China has an indispensable role to play on the global stage.The French president was speaking in an interview with Xinhua Tuesday before his visit to China, where he will attend the 2010 World Expo in Shanghai.President Sarkozy described bilateral ties and partnership as comprehensive as well as strategic."Comprehensive, because it covers all aspects of our relationship; strategic, because China has become an absolutely essential player on the international stage. There is no more big issue today that we can tackle without China," Sarkozy said.Referring to the establishment of the France-China diplomatic relations 45 years ago, the president said some misunderstanding between the two countries had belonged to the past and he held a firm confidence in China's future."This is why I made the strengthening of the Franco-Chinese partnership a priority of our foreign policy," Sarkozy said.He said relations between the two countries had warmed and France would like to further ties with China "in all dimensions."
PORT-AU-PRINCE, March 27 (Xinhua) -- Edmund Mulet, head of the UN Stabilization Mission in Haiti (MINUSTAH), on Saturday extended his gratitude to the Chinese peacekeepers and riot police in the quake-ravaged country."I am here to show my respect to the Chinese riot police team and our sincere gratitude for your outstanding performance on behalf of the United Nations," said Mulet during an inspection tour of their campsite.He noted the United Nations was satisfied with the high efficiency of the eighth contingent of Chinese riot police, which was sent to Haiti for the second time. Though there have been several rotations, their dedication and commitment to the peacekeeping mission remain unchanged.When they lost eight members in the 7.3-magnitude earthquake, the Chinese squad did everything they can to tackle the challenges and support MINUSTAH's operation. They had won wide acclaim by the local people, he said."I feel gratified to work with such an excellent police team like you," Mulet added.During the inspection, he also watched and spoke highly of the fighting performance of the Chinese police.Mulet is a Guatemalan diplomat and had previously served as the UN Secretary General's Special Representative to Haiti. He succeeded Hedi Annabi as head of the MINUSTAH after Annabi died in the Haiti earthquake.