China, US Vow to Ease Trade Tensions

China and the United States have pledged to work towards easing bilateral trade tensions and create a "positive atmosphere" for the upcoming meeting between countries' presidents next month.

During nearly two hours of talks with US Commerce Secretary Carlos Gutierrez, Vice-Premier Wu Yi expressed hope that the commerce ministries of the two countries work together to ensure the success of the next Sino-US Joint Commission on Commerce and Trade. 

Nation Sets Emission Reduction Goal of 2020

China proposes to reduce emissions by millions of tons over the next 20 years in an effort to help reduce global warming through energy-saving technologies.

Minister of Construction Wang Guangtao says China will lessen its greenhouse emissions by 846 million tons annually if all new buildings were installed with energy-saving technologies. The construction sector takes up nearly 40 per cent of China's total energy consumption. 

April Deadline Crucial for WTO Doha Round

WTO chief Pascal Lamy says it is crucial for World Trade Organization members to meet the April 30 deadline if they want to conclude the Doha round of trade negotiations this year.

Lamy also urges WTO members to accelerate their pace of negotiations, especially on the three key issues - agricultural domestic support, agricultural market access and non-agricultural market access, which hold the key for solving other issues on the agenda. 

Warner Bros plans 200 stores in China

Time Warner’s studio division, Warner Brothers, plans to open some 200 stores in China over the coming years as demand for branded merchandise increases in China.