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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.
NEW DELHI, March 27 (Xinhua) -- Indian Prime Minister Manmohan Singh and visiting Chinese Vice Premier Hui Liangyu Saturday agreed that India and China should further their cooperation in all fields.During his meeting with Singh, Hui conveyed cordial greetings from Chinese Premier Wen Jiabao to Singh. He also highly evaluated the Sino-Indian relations.Hui said that in recent years, China and India have maintained comprehensive and fast growing momentum of their relations, which he said is the result of high degree attention paid by and personal efforts, made by the leaders of the two countries, as well as that of sustained efforts which have been made by the two countries for many years.He said that the Chinese government always look at and make decision on Sino-Indian relations from a strategic height and a long-term perspective, and has been committed to further deepening Sino-Indian strategic partnership of cooperation.Hui said that this year marks the 60th anniversary of the establishment of diplomatic relations between China and India, at a time when Sino-Indian relations stay at a new historical start point and face rare opportunities of development.He said that China is willing to make common efforts with India in strengthening concrete cooperation in all fields and expanding the merging point common interests of the two countries, in order to instill new meaning and stimulus to the Sino-Indian strategic cooperative relations which are oriented towards peace and prosperity.Indian Prime Minister Singh asked Hui to convey his cordial greetings to Premier Wen Jiabao.He said that Indo-Chinese strategic cooperative partnership has taken on a global significance, and it conforms not only with the interests of development of the two countries, but also would contribute to peace and prosperity of Asia and the world at large.Singh said that the Indian government will join hands with the Chinese government in pushing forward exchanges and cooperation between the two countries at all levels and in all fields, to make more fruitful such a cooperation.

STOCKHOLM, March 29 (Xinhua) -- Chinese Vice President Xi Jinping called on Monday for expanding Sino-Swedish cooperation to new areas when he held talks with Swedish Prime Minister Fredrik Reinfeldt.Xi said that relations between China and Sweden have maintained a good momentum of development with frequent exchange of visits at high levels, and close and active cooperation in trade and investment, environment protection, education, science and technology, culture and other fields. Chinese Vice President Xi Jinping (R) meets with Swedish Prime Minister Fredrik Reinfeldt in Stockholm, Sweden, March 29, 2010He said that his current visit to Sweden is meant to jointly celebrate the 60th anniversary of the two countries' establishment of diplomatic relations, with a view of further promoting practical cooperation between China and Sweden.To expand the mutually beneficial cooperation between the two countries, Xi said, both sides should strengthen dialogue at high levels, deepen trade and economic ties and increase people-to- people contact.He said that China welcomes Swedish King Carl XVI Gustaf to attend the celebrations of the 60th anniversary of China and Sweden establishing diplomatic ties when the king visits the Shanghai EXPO, which is slated to open on May 1.The Chinese side is willing to use the existing channels of dialogue to enhance mutual political trust and exchange views with the Swedish side on bilateral relations, international political and economic situations, the climate change, non-traditional security matters and other major world and regional issues, Xi said.Sweden has for long been pursuing the one-China police and has always supported China on issues related with Tibet and Taiwan, he said, China appreciates it and hopes Sweden will continue with it.Sino-Swedish cooperation can expand from the traditional areas of machinery building, car manufacturing, telecommunications, forest industry, household electric appliance and textiles to the new fields of eco-city construction, energy-saving and environment- protecting technology, biology research and banking, Xi said.China will renew the agreement on cultural exchange with Sweden, continue to support Chinese language teaching in Sweden and Confucius Institute improvement projects, encourage young people from both sides to participate more in exchange programs and increase the number of scholarships and government grants to students, the Chinese vice president said.
NANJING, May 31 (Xinhua) -- Zhu Yongxiang, a 72-year-old Chinese communist, pondered and cast his ballot to vote for the village communist party chief in the first direct election held in his village Houcong earlier this month."This is real democracy since party members' votes decide who the winner is instead of nominations and appointments," said Zhu, a villager with 50 years of membership in the Chinese Communist Party (CPC).He gave his support to Chen Jiagui in the election for party secretary in Houcong Village in Nanjing, capital of east China's Jiangsu Province.Chen beat his rival 121 to 32 votes in the election observed by 200 party members, some of whom came to the event with mud still on their shoes, fresh from work in the fields.From April to June, similar direct elections were run in 806 villages in Nanjing, where CPC committees in 363 neighborhoods in urban areas have piloted general elections for grassroots leaders since last year."The CPC has been the ruling party for over 60 years, since New China was founded in 1949. However, its long-standing party cadre selection model has caused some social conflicts and tension between the public and grassroots CPC cadres," said Professor Shao Jianguo with the Party School of the Nanjing Municipal CPC Committee.He pointed out in the selection method, appointed officials get the "power" from the the higher-ups rather, and consequently they are likely to care more about their superiors than the masses.With the ongoing direct elections in villages, Nanjing has become the only Chinese city to have extended the direct elections of grassroots CPC cadres to both urban and rural areas on a large scale, said the professor.The CPC chose the city to pilot the first direct election in one neighborhood in 2004, a move considered a significant step toward boosting democracy within the Party, said Cai Xia, a professor with the Party School of the CPC Central Committee, adding that it is expected to push forward democracy in Chinese society,"Intra-party democratic reform is crucial to the Party's foundation, since it brings changes to the kind of people that become CPC cadres," said Shao.Newly-elected party chiefs in the 806 villages with a population of 2.7 million are expected to take office in June.One of them, Chen Jiagui, the new party chief in Houcong Village, distinguished himself from four other candidates, who included township officials and college graduates.Actually, Chen had worked as the appointed party chief in the village for the past 10 years. He was thrilled about winning the post in the election."This time, the victory was hard won. I feel the weight of each ballot in my favor," he said.Villagers said Chen, a successful seedling tree grower himself, had led them to develop the tree plantation, which has become the backbone economy for boosting farmers' income."The party secretaries elected last year in urban communities have done a good job in helping residents resolve problems in daily life, like repairing street lights and roads," said Wang Qi, director of the organization department of Nanjing municipal CPC committee.He said Party members hope the village elections help boost the rural economy and raise farmers' income.Wang said the Nanjing committee has drafted election procedures based on experiences from the elections."The elections must abide by rules. There are procedures for electioneering, for example, and qualification examinations for candidates," he said.
BEIJING, May 18 (Xinhua) -- China and Russia Tuesday pledged to work together to take their strategic partnership of coordination to a new high."It serves the strategic interests and common aspiration of both countries to elevate the China-Russia strategic partnership of coordination," Chinese President Hu Jintao told the visiting Russian State Duma Chairman Boris Gryzlov Tuesday.Gryzlov is leading a delegation to Beijing for the fourth meeting of the cooperative committee between China's National People's Congress (NPC) and Russian State Duma.Hu visited Moscow ten days ago to attend the celebrations marking the 65th anniversary of the victory of the Great Patriotic War over Nazi Germany.Recalling the visit to Moscow, Hu said he was impressed by the commemorative events.Chinese President Hu Jintao (R) meets with Boris Gryzlov, chairman of Russia's State Duma, in Beijing, capital of China, May 18, 2010.Gryzlov appreciated Hu's attendance at the commemoration, stressing Russia and China share the same view of the war.While reviewing the bilateral relationship this year, Hu highlighted close contacts between leaders, strong, substantive cooperation, and frequent people-to-people exchanges.Hu said the complicated and capricious international situation posed important opportunities and challenges for China and Russia."China would like to work with Russia to boost the sound and fast growth of bilateral relationship," Hu said.On legislative front, Hu called for the legislative bodies of China and Russia to play out their advantages and contribute to the overall bilateral relationship.Earlier Tuesday, Wu Bangguo, chairman of the NPC Standing Committee, held talks with Gryzlov at the Great Hall of the People.
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