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05/04/2012

Chinese Vice Premier Backs EU over Crisis, Calls for Closer Sino-EU ties

BRUSSELS, May 3 (Xinhua) — Visiting Chinese Vice Premier Li Keqiang on Thursday called on China and the European Union (EU) to treat each other with respect, deepen mutual understanding, and address differences through dialogues, so as to forge closer Sino-EU relations. Europe is an important pillar of the international community, Li said while meeting [...]

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05/04/2012

Stricter Rules for School Bus Companies

School bus manufacturers will have to meet certain requirements before they gain access to the market, according to proposed new safety regulations. A draft law to regulate the school bus industry was published by the Ministry of Industry and Information Technology Wednesday for public feedback and includes an admittance threshold for manufacturers. The public can [...]

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05/04/2012

Caterpillar’s China Head Criticizes U.S. Policy

(Beijing) – An often-reported conversation between former Apple CEO Steve Jobs and U.S. President Barack Obama relates how the leader of the free world asked the leader of the world's biggest company what it would take to bring the jobs involved in Apple's manufacturing process back to U.S. soil. The reply was simply: "Those jobs [...]

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05/04/2012

Falling Costs Prompt China to Cut Solar Projects Grant by over 20%

CHINA has cut a subsidy for solar projects under a demonstration program this year by more than 20 percent to reflect falling costs of photovoltaic system installations. The government will offer 5.50 yuan (87 US cents) per watt for the combined capacity of 1.71 gigawatts approved for this year under the Golden Sun program, according [...]

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05/04/2012

Hu Urges Discarding Outdated Thinking

President Hu Jintao on Thursday called on China and the United States to escape from the outdated thinking that major powers are predestined to engage in conflict. Hu also said that the two countries should seek new ways to enhance their relations in remarks he made at the opening session of the China-US Strategic and [...]

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