Home>News Center>China
       
 

FM calls for US, N.Korea flexibility in nuclear talks
(Xinhua)
Updated: 2005-03-06 10:21

China's energy import exerts limited impact on global oil price

China, both an energy consumer and producer, should not be responsible for the world's rising oil prices, Li said.

"Although China's energy import has increased a little bit over the past two years, its import only accounts for approximately 6 percent of the world's total traded oil," he said.

It's true that China's energy demand has increased to certain extent as the country's economy has been growing rapidly in recent years, he said, but the demand is mainly to be met domestically, he said.

Besides, he added, there is a big potential of saving energy and improving the use of energy efficiency in China's domestic energy supply.

Therefore, the media criticism saying that China is a major impact on the world's oil price is "groundless", he said.

EU arms embargo "obsolete, useless, harmful"

The foreign minister called the European Union's arms embargo on China "obsolete, useless and harmful".

The embargo does not comply with the all-round strategic cooperative partnership between China and the European Union, he said.

China adheres to the road of peace and development and does not need to buy a lot of advanced weaponry from the EU, he said.

"China is also a developing country, " added he. As a matter of fact, we do not have the money to buy so expensive and useless weapons."

Li Zhaoxing said what China opposes is political discrimination.

Li made the remarks in reply to a German journalist, who said whether the anti-secession law to be submitted to the National People's Congress for approval would affect to some extent the EU arms embargo.

"It is an unfounded worry," Li said.

The law conforms to the peace and stability in the Asian- Pacific region and even the world at large, so it will definitely receive more and more understanding and support in the international community, he acknowledged.

Li said the law is aimed to prevent the "Taiwan independence" secessionist forces from taking reckless efforts and embodies the mainland's utmost sincerity on peaceful reunification and protection of China's sovereignty and territorial integrity.

"It is in the interests of the Chinese people and nation," the foreign minister said.


Page: 12345



 
  Today's Top News     Top China News
 

US-Japan security alliance should not include Taiwan

 

   
 

Market to have bigger say in yuan rate

 

   
 

Grain self-sufficiency still key for nation

 

   
 

Leading group to oversee energy sector

 

   
 

Heinz recalls its dye-fouled products

 

   
 

Iraqis set opening for new parliament

 

   
  Matchmaker, matchmaker, make me a (money) match
   
  Grain self-sufficiency still key for nation
   
  Top leaders join deputies, members in discussions
   
  Migrant workers' plight causes concern
   
  Economic zone facing Taiwan proposed
   
  Heinz recalls its dye-fouled products
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement