Energy News  
China Urges Stable International Environment For Energy Security

Chinese Finance Minister Jin Renqing (L) speaks as Zhou Xiaochuan (R), the Governor of the People's Bank of China listens to him at the opening ceremony of the 17th Session of the Sino-US Joint Economic Committee in Xianghe, in Hebei province,16 October 2005. Top US and Chinese economic leaders were to launch annual talks with Washington agitating for sweeping changes to China's heavily controlled economy and financial markets. Photo courtesy of Liu Jin and AFP.
by Staff Writers
Singapore (XNA) Sep 18, 2006
Governor of the People's Bank of China Zhou Xiaochuan Sunday called on all sides involved to strengthen negotiation to promote the resolution of international and regional disputes, and create a stable international environment to ensure energy security.

Speaking at the 14th meeting of International Monetary and Financial Committee of the Board of Governors of IMF held here Sunday, Zhou said that the global economy is expected to remain robust growth in 2007, but there are downside risks, including the high oil and raw material prices, high pressure of inflation.

Besides, he said that protectionism has emerged again in some areas and trade disputes have extended from commodity trade to the sector of service trade and investment.

Zhou called for all countries involved to take their responsibilities to facilitate an early resumption of the negotiations with stronger political will.

In his speech, he also urged developed countries to pace up their aid to low-income countries, and bring their official development aid to poor countries to 0.7 percent of their GNP, as set by the United Nations, as soon as possible.

He noted that China will continue to provide assistance to other low-income developing countries commensurate with its capacity in the framework of South-South cooperation.

Zhou also introduced China's economic situation in his speech, saying that China maintained a stable and rapid economic growth, while admitting some problems, such as unreasonable structure, and high environment and labor pressure.

To control the overheating of investment, Chinese government has adopted a series of measures on land use and credit control. The central bank has raised the benchmark interest rates and deposit reserve ratio twice on the run, said Zhou.

Source: Xinhua News Agency

Community
Email This Article
Comment On This Article

Related Links
People's Bank of China
Powering The World in the 21st Century
Powering The World in the 21st Century at Energy-Daily.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


OPEC Casts A Dark Eye On The Greening Of Energy
Vienna (AFP) Sep 17, 2006
Despite forecasts that show no end to rising demand for crude over the coming decades, oil-producing nations are casting an uneasy eye on the growing number of measures being taken to tackle climate change.







  • China Urges Stable International Environment For Energy Security
  • OPEC Casts A Dark Eye On The Greening Of Energy
  • Investment In Russian Power Sector To Hit 80 Billion Dollars
  • Tiny Fuel Cell Might Replace Batteries In Laptop Computers

  • Swedish Nuclear Plants Still Too Unsafe To Re-Open
  • Nuclear Power Must Displace Natural Gas Says Russian Nuclear chief
  • Russia Plans Massive Boost In Uranium Production
  • Less-Risky Reactor For Clean, Safe Energy

  • MIT Team Describes Unique Cloud Forest
  • NASA Experiment Finds Possible Trigger For Radio-Busting Bubbles
  • California's Model Skies
  • ESA Picks SSTL To Develop Atmospheric CO2 Detector

  • Fires Rage As Haze Thickens In Borneo
  • Large-Scale Farming Now Causes Substantial Forest Loss in Amazon
  • The Subtleties Of Tropical Forest Demise
  • NASA Satellites Can See How Climate Change Affects Forests

  • China Rejects Claims Of GM Rice Entering EU Foods
  • GM Chinese Rice Maybe Contaminating European Food
  • French Police Arrest Three As Hundreds Try To Destroy GM Crops
  • Japanese Sushi Infatuation Straining Atlantic Tuna Stocks

  • Nissan To Test Intelligent Transportation System
  • US Proposes Stability Control Requirement For All Cars
  • Real-Time Traffic Routing From The Comfort Of Your Car
  • Real-Time Traffic Routing From The Comfort Of Your Car

  • GE Aviation Launches New Customer Support Center In China
  • Boeing, Chinese Carriers Finalize Orders for Next-Generation 737s
  • Rolls-Royce wins 800 million dollar deal from Air China
  • US Sanctions On Russia Could Hurt Boeing

  • Could NASA Get To Pluto Faster? Space Expert Says Yes - By Thinking Nuclear
  • NASA plans to send new robot to Jupiter
  • Los Alamos Hopes To Lead New Era Of Nuclear Space Tranportion With Jovian Mission
  • Boeing Selects Leader for Nuclear Space Systems Program

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement