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BEIJING, April 5 (Xinhua) -- The Communist Party of China (CPC) has set up more than 60,000 new grassroots party organizations nationwide while rectifying some 50,000 slack branches during an 18-month campaign to boost party building.The campaign of studying and implementing the Scientific Outlook on Development, launched in September 2008, has covered all the 75 million Party members in more than 370 branches across the country.The Scientific Outlook on Development, set forth by General Secretary of the CPC Central Committee and President Hu Jintao in 2003, emphasizes the well-being of the people and a comprehensive, coordinated and sustainable approach to development.Statistics show that during the campaign, more than 1.4 million items of outdated bylaws were abolished in units and departments nationwide. In addition, some 2.1 million new ones were issued and 2.5 million were amended. The bylaws cleanup covered science and technology development, environmental protection, people's livelihood, anti-corruption among other aspects.In the non-public sector, 12,000 new CPC branches were set up during the campaign, and another 24,000 are in the pipeline. All the law firms and certified accountant offices in China also have their own CPC branches installed.In a meeting of the Political Bureau of CPC Central Committee in March, the CPC leaders agreed that the campaign was of far-reaching significance for boosting the cause of China's modernization drive and Party building.CPC committees at all levels were urged to fulfill their commitments to the people, win public trust by bringing practical benefits to them and embrace innovation in Party building and contribute to the promotion of social harmony.
BEIJING, April 12 -- As the country begins to phase out obsolete production methods in an economic restructuring drive, industries with overcapacity are likely to face even tougher financing terms this year.In response to the government call to curb excessive capacity, the banking regulator earlier this year asked lenders to maintain strict controls on loans flowing into industries including steel, cement, plate glass, shipbuilding, electrolytic aluminum, the chemical processing of coal and polysilicon.Liu Mingkang, chairman of the China Banking Regulatory Commission, said that commercial lenders should readjust their credit structures to support the country's industrial upgrading and restructuring drive."Loans to industries with overcapacity were growing at a significantly lower pace last year compared with that of the overall credit expansion," he said. Given that the country was considering an exit from the loose monetary policy implemented to counter the financial crisis last year, analysts said credit avenues for industries listed on the government "blacklist" were set to be limited. The Chinese government is targeted to give out 7.5 trillion yuan in new loans this year, lower than the record 9.59 trillion yuan lent in 2009.Indeed, industries with excessive capacity have not benefited from the lending binge last year, as commercial lenders' loans to such industries continued to drop. China Construction Bank (CCB), the nation's second largest lender, said its loans to industries with overcapacity accounted for 12.8 percent of the bank's total outstanding loans as of the end of last year, down from 15.7 percent a year earlier."We've decided to gradually exit from lending to industries with excessive capacity, and will only support leading enterprises in these industries and projects approved by the government," said CCB Vice-President Chen Zuofu.Bank of China, the most aggressive in pushing out credit among Chinese lenders last year, said outstanding loans for overcapacity industries declined to 219 billion yuan as of the end of last year, and account for 7 percent of the bank's total corporate loans.

BEIJING, April 7 (Xinhua) -- Top Chinese legislator Wu Bangguo held talks with Harry Jenkins, speaker of the House of Representatives of Australia, on Wednesday, with both sides pledging closer ties and more parliamentary exchanges between the two countries."China and Australia share extensive interests and broad cooperative potential in terms of developing bilateral ties and dealing with global challenges," said Wu, chairman of the Standing Committee of the National People's Congress, China's top legislature.China regards Australia as an important cooperative partner in the Asia-Pacific region and is willing to work with Australia to address each other's concerns and deepen cooperation from a strategic and long-term perspective, Wu said.Jenkins is in Beijing to attend the second meeting of a regular exchange mechanism of the two countries' parliaments which is scheduled for Thursday.It is Jenkins' first visit to China as speaker of the House of Representatives.Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress, meets with Harry Jenkins, Speaker of House of Representatives of Australia, in Beijing, China, April 7, 2010.Since the regular exchange mechanism was set up in 2006, it has become an important platform for increasing mutual understanding and promoting mutually-beneficial cooperation, Wu said, urging the two parliaments to have in-depth exchanges of views on issues of common concern.Jenkins hoped to have a better understanding of China through the seven-day visit, which will also take him to Guangdong Province, Ningxia Hui Autonomous Region and Shanghai.Also on Wednesday, Chinese Vice President Xi Jinping met with Jenkins.Xi said China and Australia, as important countries in the Asia-Pacific region, have extensive interests and solid basis for cooperation to safeguard regional peace and stability, promote regional and global economic growth and to deal with global challenges."A healthy and stable China-Australia relationship complies with the interests of the two countries and peoples," said Xi.Xi said that China and Australia should increase high-level visits and exchanges at various levels and cement mutually-beneficial cooperation in areas like trade, energy, environmental protection, technology and culture.
BEIJING, May 12 (Xinhua) -- The Chinese mainland will adopt new measures to facilitate cross-Strait travels, including opening more outlets to issue travel and entry permits to Taiwan travelers, a spokesman said here Wednesday.Travelers from Taiwan can get travel and entry permits upon arrival at three new air terminals in Tianjin, Ningbo and Jinan starting May 25, Yang Yi, the State Council's Taiwan Affairs Office spokesman said at a press conference here.The move will increase the number of such terminals in the mainland to 23.To travel to the mainland, Taiwanese need a travel pass and an exit permit issued by the Taiwan authorities. They are also required to obtain an extra mainland travel pass and entry permit.According to Yang, public security departments in southern China's Guangdong Province have also been authorized to reissue from May 25 travel passes to those who have lost their documents or whose documents have expired.Currently, only seven provincial and municipal police departments are authorized to handle this issue.The travel pass, named "Taiwan Compatriot's Pass to the Mainland," is valid for five years and is similar to the identity card Taiwanese use in the mainland."As more and more Taiwan people come to the mainland for making investments, travels, work, study, plus living, the mainland will improve its entry and exit management system based on the needs of Taiwanese people," Yang said.He also confirmed the mainland's and Taiwan's air service associations would soon hold a meeting to discuss other matters, including adding more direct cross-Strait flights.
NEW DELHI, March 27 (Xinhua) -- Indian Prime Minister Manmohan Singh and visiting Chinese Vice Premier Hui Liangyu Saturday agreed that India and China should further their cooperation in all fields.During his meeting with Singh, Hui conveyed cordial greetings from Chinese Premier Wen Jiabao to Singh. He also highly evaluated the Sino-Indian relations.Hui said that in recent years, China and India have maintained comprehensive and fast growing momentum of their relations, which he said is the result of high degree attention paid by and personal efforts, made by the leaders of the two countries, as well as that of sustained efforts which have been made by the two countries for many years.He said that the Chinese government always look at and make decision on Sino-Indian relations from a strategic height and a long-term perspective, and has been committed to further deepening Sino-Indian strategic partnership of cooperation.Hui said that this year marks the 60th anniversary of the establishment of diplomatic relations between China and India, at a time when Sino-Indian relations stay at a new historical start point and face rare opportunities of development.He said that China is willing to make common efforts with India in strengthening concrete cooperation in all fields and expanding the merging point common interests of the two countries, in order to instill new meaning and stimulus to the Sino-Indian strategic cooperative relations which are oriented towards peace and prosperity.Indian Prime Minister Singh asked Hui to convey his cordial greetings to Premier Wen Jiabao.He said that Indo-Chinese strategic cooperative partnership has taken on a global significance, and it conforms not only with the interests of development of the two countries, but also would contribute to peace and prosperity of Asia and the world at large.Singh said that the Indian government will join hands with the Chinese government in pushing forward exchanges and cooperation between the two countries at all levels and in all fields, to make more fruitful such a cooperation.
来源:资阳报