Chinese President Hu Jintao called for the reform of international monetary and financial systems on Thursday, saying that the say and representation of emerging markets and developing countries should be increased.
"We should establish fair, just, inclusive and well-managed international monetary and financial systems to support global economic development and increase the say and representation of emerging markets and developing countries in these systems," Hu said at the summit which was attended by leaders of Brazil, Russia, India, China and South Africa.
"We should set up a a just and equitable international free trade system, oppose protectionism in all its forms, strengthen the multilateral trading regime and push for early attainment of the goals of a development round at the Doha Round negotiation," Hu said.
Hu said the international financial crisis has aroused much thinking and discussion about world economic imbalances.
Read more: China urges reform of int'l monetary, financial systems
A high-ranking Chinese official has publicly admitted for the first time that the country is on the verge of overtaking the United States to become the globe's biggest energy consumer.
The world's second-largest economy has been under mounting pressure to transform its economic development pattern, further improve energy efficiency and diversify its energy-supply mix.
"As there are no final statistics (for energy consumption), we are still the second-biggest energy consumer," said Ding Zhimin, "but very soon we will take first place."
Ding, deputy director-general of the Policy and Law Department of the National Energy Administration, made the comments at a panel discussion at the European Parliament organized by the Beijing-based Europe-China Clean Energy Center.
It's the first time that a Chinese official has publicly admitted that the country will soon overtake the US. However, China's per capita energy consumption is far lower than that of the US, Ding said.
A group of police officers during routine duty in Shenzhen, South of China’s Guangdong province, April 10, 2011.
Shenzhen has ejected about 80,000 "potentially unstable people" in a bid to secure social stability for the upcoming 26th Summer Universiade, the Shenzhen Economic Daily reported.
Shen Shaobao, vice director of Shenzhen Police Bureau announced the figure from the "100-days Social Security Campaign" during a news conference.
Read more: Shenzhen evicts 80,000 'unstable' residents for the 26th Summer Universiade
A residential building in economic-technical development zone of Urumchi exploded at 14:00 11th Apr. 2011.
According latest report, there are 10 people wounded slightly in this explosion.
Read more: Urumchi Residential Building Explosion 2011 Photos
Preliminary investigations suggest that fuel gas exploded, causing part of the two-floor apartment building to collapse, said a spokesman with the municipal government's information office.
The accident occurred at 8:27 am at the 5th Entrance of the No 3 apartment building in the 12th neighborhood of Heping East Street, Chaoyang District.
Read more: Death toll from Beijing explosion rises to six - Photos
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