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BEIJING, Sept. 17 (Xinhua) - A Chinese official vows on Thursday to curb the country's production overcapacity and avoid repetitious construction of projects that are less environmental-friendly. The move is part of the country's efforts to promote energy conservation and reduction of greenhouse gas emissions, Wan Bentai, chief engineer with the Ministry of Environmental Protection (MEP), said on half of MEP minister Zhou Shengxian. "Today's projects should never become the target of tomorrow's environment control program." He said in a speech delivered at the fifth China International Forum on Environment and Development. The development and industrialization of green economy faces an important opportunity as the country has spent a large share of its 4 trillion yuan (586 billion U.S. dollar) stimulus package on energy conservation and greenhouse gas emissions reduction projects, he said. He called for strengthened environment assessment measures on enterprises and optimizing the structure of key sectors such as the steel and auto industries. The environmental problems brought about by China's sweeping urbanization, such as garbage and waste water disposal, should be seriously dealt with, he said, while stressing the importance of addressing issues in the rural areas such as water resources contamination, land pollution, garbage disposal and fertilization-caused pollution. He also pledged that the government will intensify efforts in fostering creative and highly-efficient green technologies and encourage a green consumption model for both urban and rural dwellers. A change to people's consumption habits, such as eating less meat, is conducive to environmental protection and greenhouse gas emission reduction, said Khalid Malik, Resident Representative of the United Nations Development Program in China, in the forum. The fifth China International Forum on Environment and Development was co-hosted by the MEP and the United Nations Environment Program (UNEP). It was organized by the All-China Environment Federation. The annual forum has been held for four years with the aim of creating a platform for international organizations and Chinese government agencies to discuss issues related to environmental protection. It also invites the participation of non-governmental organizations (NGOs) in discussing environmental matters of global importance.
BEIJING, Aug. 11 (Xinhua) -- Prosecutors have approved the arrest of four employees of the Anglo-Australian mining giant Rio Tinto Ltd. on charges of trade secrets infringement and bribery, according to a statement of China's Supreme People's Procuratorate late Tuesday. Preliminary investigations have showed that the four employees, Stern Hu, Liu Caikui, Ge Minqiang and Wang Yong, had obtained commercial secrets of China's steel and iron industry through improper means, which had violated the country's Criminal Law, according to the statement. Prosecution authorities also found evidence to prove that they were involved in commercial bribery. Photo taken on July 9, 2009 shows the Rio Tinto Ltd. Office in Shanghai, east China. Four employees of the Anglo-Australian miner Rio Tinto Ltd. have been arrested over alleged stealing of China's state secrets, including Stern Hu, general manager of the company's Shanghai offic. The four people, including Hu, had been detained by China's security authorities Sunday evening Investigations have also revealed that there were suspects in China's steel and iron enterprises who were providing commercial secrets for them. The four were detained in Shanghai in early July on charges of stealing China's state secrets. Stern Hu, an Australian citizen of Chinese origin, was general manager of the company's Shanghai office and was in charge of the iron ore business in China. Hu was a long-standing employee of Rio Tinto and had lived in Shanghai for a number of years with his wife, who is also an Australian citizen. The other three, who also worked in the Shanghai office, are Chinese employees of the company.
BRUSSELS, Oct. 8 (Xinhua) -- Chinese Vice President Xi Jinping met here Thursday with Belgian King Albert II on bilateral ties, vowing to enhance cooperation between the two sides. Xi said the development of Sino-Belgium relations is enjoying good momentum, and his visit is aimed to improve political trust and substantial cooperation to make new progress in bilateral ties. China highly appreciates the King and Belgian Royal family's commitment to the development of Sino-Belgium friendship, Xi said. The Europalia Chinese Art Festival, which opened here on Thursday, will promote mutual understanding and friendship between the two peoples, he said. Xi also introduced the great achievements of China in the last 60 years, China's policies and concepts on promoting scientific development and building a harmonious society and a harmonious world, as well as the measures China has adopted in tackling the global financial crisis. Chinese Vice President Xi Jinping (1st R front) meets with Belgian King Albert II (1st L front) in Brussels, Belgium, Oct. 8, 2009 King Albert II expressed his admiration for China's impressive National Day celebrations on Oct. 1, speaking highly of the great achievements of China in the last 60 years. The King said Xi's visit is of great significance and will further promote the development of bilateral ties, adding that Belgium is willing to strengthen cooperation and expand cultural exchanges with China. He also said Belgium will actively take part in the 2010 Shanghai Expo.Chinese Vice President Xi Jinping (L) meets with Belgian King Albert II in Brussels, Belgium, Oct. 8, 2009. Xi arrived here Wednesday for an official visit to Belgium, the first leg of his five-nation European tour. He will also visit Germany, Bulgaria, Hungary and Romania.
WUHAN, Aug. 27 (Xinhua) -- East Star Airlines, the debt-laden private airline based in central China's Wuhan City, officially went bankrupt after its restructuring application was rejected Thursday. The Intermediate People's Court in Wuhan City said the plan submitted by the East Star Group and ChinaEquity was unfeasible and failed to meet the conditions for a legal restructuring. ChinaEquity, an investment company founded in 1999 in Beijing, had promised to invest 200 million to 300 million yuan (29 million to 44 million U.S. dollars) for the restructuring plan. However, it did not specify the source of the funding and failed to provide certificates and documents, and lacked measures to protect creditors, the court said. The court said East Star Airlines had no operating income in 2008, while ChinaEquity recorded 470,000 yuan in main business income and a 187,477-yuan deficit last year. File photo taken on May 19, 2006 shows the aircrew boarding on the Airbus 319 jumbo jet of the Dongxing Group Co. Ltd for its maiden flight at the Tianhe International Airport in Wuhan, central China's Hubei ProvinceThe East Star Group and ChinaEquity agreed the restructuring plan earlier this month. The Intermediate People's Court in Wuhan heard the plan Tuesday. East Star was founded in May 2005, making it China's fourth private carrier after Okay Airways, United Eagle Airlines and Spring Airlines. It operated more than 20 domestic passenger routes between key cities with a fleet of nine aircraft and held about 10 percent of the market share in Wuhan. The airline, with a registered capital of 80 million yuan, was jointly owned by a tourist agency, a tourist investment company and a real estate firm, which all belonged to the East Star Group. On March 13, the airline rejected a government-initiated take-over by the parent group of national flag carrier Air China. Its operations were suspended by the industry regulator as of March 15, due to prolonged financial and management problems. File photo taken on March 27, 2009 shows a jumbo jet of the Dongxing Group Co. Ltd lying on the tarmac, as a plane of another airway taking off overhead, at the Tianhe International Airport in Wuhan, central China's Hubei ProvinceThe order was issued by General Administration of Civil Aviation of China (CAAC)'s branch in charge of the country's central and southern areas after the Wuhan municipal government submitted an application for the suspension. The bankruptcy proceedings were launched on March 30 at the request of six creditors, according to the Communications Commission of Wuhan City. East Star Airlines announced last month that its total debt surpassed 752 million yuan. General Electric's aircraft leasing arm, GE Commercial Aviation Services, one of the creditors, has taken back all nine aircraft it had leased to the airline. State-owned Air China has recruited about 600 out of the more than 1,000 staff of East Star Airlines. The global economic downturn reduced air travel severely, making last year a hard time for the airline industry. The Chinese government injected billions of yuan into Air China, China Southern Airlines and China Eastern Airlines, the three major state-owned carriers, to help them ride out the downturn. Wang Chaoyong, chairman of ChinaEquity, said private airlines had no access to bailouts. Zhao Changbing, spokesman of East Star Airlines, said the government should protect the brand of the private business. Zhao said the airline rejected the takeover by the parent of Air China because the offer was too low and it only covered the debts.
NEW YORK, Sept. 23 (Xinhua) -- Chinese President Hu Jintao met with his South Korean counterpart Lee Myung-bak here on Wednesday morning on the sidelines of the UN meetings to discuss bilateral ties and other issues of common interests. Hu said thanks to their joint efforts the two countries have seen steady progress of exchanges and cooperation in various fields in recent years. All consensus reached between them have been implemented smoothly, with some already bringing about remarkable results, Hu said. Hu noted that the two countries have maintained fine communication and coordination in regional and international affairs, adding that China is ready to join hands with South Korea to strengthen strategic communication and expand mutually beneficial cooperation, so as to bring concrete benefits to both peoples and contribute to peace, stability and prosperity in Northeast Asia. Chinese President Hu Jintao (R) meets with South Korean President Lee Myung-bak in New York Sept. 23, 2009 This year marks the 10th anniversary of launching of a trilateral cooperative scheme among China, South Korea and Japan, Hu said. Over the past decade, the three countries have established a future-oriented, all-dimensional cooperative partnership that has led to the promotion of development and stability in their countries and the region at large, said the Chinese president. During the meeting, Hu announced that leaders from China, South Korea and Japan will hold their second meeting in Beijing on Oct. 10, 2009. China is ready to work with South Korea and Japan to push for the success of the October tripartite summit and bring trilateral cooperation to a higher level, Hu said. As situation in Northeast Asia shows signs of thawing, Hu called on all concerned parties to seize the opportunity to further improve the regional situation and bring the Korean Peninsula nuclear issue back on the track of dialogues and negotiations. China is willing to work with South Korea to play a constructive role in realizing the denuclearization of the Korean Peninsula and maintaining peace and stability in the peninsula and Northeast Asia, the Chinese president said. During the meeting, Hu also called for strengthened cooperation between the two countries to boost the common development of their economies. Lee congratulated China on the 60th anniversary of the founding of the People's Republic of China. He said he fully agreed with President Hu's view on bilateral ties and expressed his willingness to bring the strategic and cooperative partnership between the two countries to a higher level. Lee said the stabilization and rally of the Chinese economy play a significant role in promoting trade and economic cooperation between China and South Korea, as well as in world economic recovery. Hu's speech at the UN climate change summit on Tuesday showed clearly China's active stance on climate change and won applause from countries around the world, Lee said. South Korea is ready to strengthen coordination and cooperation with China on regional and global issues, he said. He also spoke highly of China's important role in the six-party talks on nuclear issue of the Korean Peninsula and pledged South Korea's efforts to keep contact and cooperation with China in this regard. Lee said, along with the rising status and influence of Asia on the world stage, South Korea, China and Japan should have even closer cooperation. Thanks to their joint efforts, China and South Korea have seen a rapid growth of bilateral links since they established diplomatic relations 17 years ago. The heads of state of the two countries exchanged visits last year. They agreed on establishing a strategic partnership of cooperation in May 2008, opening up a new era in bilateral ties. They met again on the sidelines of the financial summit of the Group of 20 (G20) in London in April this year. China and South Korea are both important neighbors and cooperative partners. Now China is the top trade partner, export market and source of imports of South Korea. Hu is in New York for the UN climate change summit, the general debate of the 64th Session of the UN General Assembly and a Security Council summit on nuclear non-proliferation and disarmament. After the UN meetings, President Hu will fly to Pittsburgh to attend the G20 financial summit.