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BEIJING, Aug. 28 (Xinhua) -- China's restrictions on rare earth industry will assist in protecting the environment, Chinese Commerce Minister Chen Deming said here Saturday."Mass-extraction of rare earth will cause great damage to the environment, that's why China has tightened controls over rare earth production, exploration and trade, " Chen told media during the third China-Japan high-level economic dialogue.He said what China had done was also consistent with the rules of the World Trade Organization.China is the largest producer of rare earth elements, which are used in hybrid car motors, computer hardware and components for high-tech products.Chen said the restriction policy would also have an adverse impact on the Chinese market, where parts for Japanese products were assembled.He stressed that in order to protect the country's environment, China had no choice but to take such measures.During the dialogue, Chen also called on Japan to ease high technology export controls to China and simplify visa procedures for Chinese business people.Japan had expressed concerns over China's export of mineral resources, independent innovation systems and information security policies during the meetings.Chen said, through the dialogue, that the two sides had enhanced communications and increased mutual understanding over these issues.

SHANGHAI, Oct. 23 (Xinhua) -- An official of one of China's top government think tanks called on Saturday for the readjustment of the nation's breakneck expansion of the auto industry as an explosion of new cars on China's roads aggravates problems with pollution and congestion.Liu Shijin, deputy director of the Development Research Center of the State Council, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets.Also, auto manufacturers should strengthen their safety and quality control standards, he said.Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 million units in the months through September, as lower-priced automobiles have become more affordable for better-off Chinese people, according to data released by the China Association of Automobile Manufacturers (CAAM) on Oct. 12.In fact, annual sales and production could exceed 17 million, CAAM said.Although the expansion has brought an industrial boom to the country and boosted domestic demand, it has also triggered widespread concerns over the country's energy capacity, pollution levels and notorious traffic jams.In Beijing, the increasing number of private cars, along with heavy rainfall and a spurt in holiday travel, caused a record 140 traffic jams on a single Friday evening last month. In some parts of the city on that day people spent nearly two hours on what would normally have been a 15-minute commute.Further, Liu said increasing social problems arising from the country's industrial boom has made its future development unsustainable, which is a test for the government.He also suggested government allow market forces to play a larger role in allocating resources, and also permit uncompetitive producers to be phased out.

BEIJING, Sept. 9 (Xinhua) -- Central banks should provide incentive mechanisms for banks to extend more loans to support the real economy, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), or the central bank, said Thursday.Speaking at a forum in Beijing sponsored by Oxford University and the China Development Research Foundation, Zhou reviewed the worldwide central banks' role in helping grapple with the financial crisis, pointing out that zero interest rate policies adopted in many countries could discourage banks from extending lending.He said, however, that a central bank should maintain a certain interest rate margin, which will help banks to recover from damages brought by the global credit crunch and strengthen their abilities to extend loans.

NAIROBI, Sept. 3 (Xinhua) -- Kenyan President Mwai Kibaki met here Friday with chen Zhili, vice chairwoman of the Standing Committee of National People's Congress (NPC), China's top legislature with both promising to make efforts to enhance bilateral ties.During the meeting, Chen expressed appreciation to President Kibaki and the Kenya government for the pivotal role they played in brokering peace in Sudan and the horn of Africa.Chen assured President Kibaki that China would provide the necessary support for peace and stability in the horn of Africa."Kenya, as a neighbor and the guarantor to the Comprehensive Peace Agreement (CPA) on Sudan, requires the support and not condemnation from the international community in her efforts to broker peace in Sudan," Chen said.The Chinese official also congratulated President Kibaki and other coalition government partners for the passage and promulgation of the country's new constitution.She thanked Kenya's support for the One-China policy.The two also exchanged views on enhancing Kenya-China cooperation under the China-Africa Cooperation Forum (FOCAC).President Kibaki hailed the cordial bilateral and trade relations between the two countries which have continued to flourish through exchange visits at all levels.The Kenyan president particularly expressed gratitude to China for its immense contribution to the African country's infrastructure development over the past years.Kibaki noted with appreciation that China is today one of the leading bilateral donors to Kenya's infrastructure development with a cumulative official development assistance reaching 36.7 billion Shillings.China and Kenya have signed agreements and MOUs in various fields including technical and cultural cooperation, trade, education, health, energy, agriculture and cooperative development.

SANYA, Hainan, Oct. 31 (Xinhua) -- Chinese State Councilor Dai Bingguo held an unofficial meeting with U.S. Secretary of State Hillary Clinton Saturday evening in Sanya, a city of southern China's island province of Hainan.The two sides exchanged views on Sino-U.S. relations and issues of common concern in a "candid and friendly" manner, the Chinese Foreign Ministry said after the meeting.According to the ministry, Dai and Clinton had positive evaluation of recent Sino-U.S. relations, and stressed the two sides would continue to seriously implement the consensus reached by the two state leaders.Chinese State Councilor Dai Bingguo (R) meets with U.S. Secretary of State Hillary Clinton during an unofficial meeting in Sanya, south China's Hainan Province, Oct. 30, 2010.They pledged to enhance dialogue, mutual trust and cooperation, properly handle differences and sensitive issues on the basis of mutual respect, and make concerted efforts to contribute to a positive, cooperative and comprehensive China-U.S. relationship in the 21st Century.They also agreed that Chinese President Hu Jintao's scheduled visit to the United States early next year is of great significance to the development of bilateral ties, and the two sides would keep close contact and make preparations to create favorable atmosphere and ensure the success of the visit.

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