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BEIJING, March 5 (Xinhua) -- China's Ministry of Commerce spokesman Yao Jian said Friday the U.S. decision to impose preliminary duties on Chinese potassium phosphate salts and coated paper was unfair and discriminatory.Yao said "frequent" countervailing probes by the U.S. into Chinese products have "unfairly restricted normal exports," adding the fresh anti-dumping measures came only two years after the U.S. ruled China's coated paper exports did not harm the domestic industry in November 2007.The two products will face 109 percent and up to 13 percent duties, respectively, according to a U.S. Commerce Department statement Tuesday.Yao said the fundamental reason behind the difficulties in the U.S. coated paper industry was due to weak demand caused by the financial crisis. He said passing the problem on to Chinese manufacturers was unacceptable.He said China firmly opposes abuse of trade protectionist measures by the U.S. and would negotiate with the U.S. over the unfair move to protect the interests of Chinese companies.

SHANGHAI, March 23 (Xinhua) -- There has been no timetable for the construction of a maglev line project between Hangzhou and Shanghai, a spokesman of the Shanghai municipal government said Monday.The project is still undergoing feasibility studies, the official said when responding to media reports last week which said the construction is expected to start this year.The proposal of the ultra-high-speed maglev line, with an estimated cost of 22 billion yuan (3.22 billion U.S. dollars), was approved by the National Development and Reform Commission in 2006.When completed, the line is expected to cut the travel time between Shanghai and Hangzhou, capital of the neighboring Zhejiang Province, to half an hour from the current 2.5 hours.
PARIS, March 8 (Xinhua) -- Nuclear power should be developed with due regulations and in an orderly way thanks to its strict requirement for human resources, technology, security and quality, a Chinese official said Monday here at the international conference on civilian use of nuclear energy.Nuclear power, a clean, safe and economic energy, "plays an important role in energy conservation, environment protection and the strive to cope with climate change," Deputy Director of China' s National Energy Administration Wu Yin said, adding it has became "a major choice to develop economy and optimize energy structure" for many developing countries.Speaking to representatives from about 60 countries at the headquarters of the Organization of Economic Cooperation and Development, Wu said that changing the mode of energy development, optimizing the energy mix and reducing carbon emission is now a shared aspiration of the world.According to him, China has accelerated the construction of nuclear power stations in recent years. Besides 11 nuclear power units that are already in operation, there are 21 many units under construction with a combined installed capacity of 23 gigawatts.Taking the nuclear security as the top priority, Wu presented some suggestions addressing the increasing global demand of nuclear access."The security of nuclear energy is beyond borders, we should strive to shape a culture on safe use of nuclear power. Developed countries in terms of nuclear use have the responsibility to help the less developed ones to establish laws and regulations, supervision and management systems on nuclear security," Wu said.On proper use of nuclear power, Wu said countries must take national conditions into consideration, enhance international cooperation to make nuclear power safer and cheaper.China would make "responsible efforts to develop nuclear energy in order to protect the environment, to cope with climate change and to promote sustainable development," Wu said.Hundreds of ministers, government officials and business leaders convened in Paris for the two-day conference on access to nuclear energy, which is initiated by France and co-organized by the International Atomic Energy Agency and OECD.
BEIJING, March 6 (Xinhua) -- China will further improve the formation mechanism of exchange rate of the renminbi, or the country's currency yuan, to keep the exchange rate basically stable at an adaptive and balanced level, the People's Bank of China said Saturday.The central bank made the statement in a report delivered to media during a press conference on the sideline of the annual parliament session. Zhang Ping, Chairman of National Development and Reform Commission (NDRC), Xie Xuren, the Minister of Finance, Chen Deming, the Minister of Commerce, and Zhou Xiaochuan, governor of the People's Bank of China, attend a news conference of the Third Session of the 11th National People's Congress (NPC) on the enhancement and improvement of macro-economic control held at the Great Hall of the People in Beijing, China, March 6, 2010.
来源:资阳报