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BEIJING, Sept. 29 (Xinhua) -- Communist Party of China (CPC) chief Hu Jintao has urged Party members to learn the theory on socialism with Chinese characteristics more conscientiously.     Hu, general secretary of the CPC Central Committee, made the remark at a seminar which was participated in Sunday afternoon by members of the Political Bureau of the CPC Central Committee.     Prof. Yan Shuhan from the Party School of the CPC Central Committee and prof. Qin Xuan from the Renmin University of China delivered speeches at the seminar and put forward their views on applying the theory into practice.     Presiding over the seminar, Hu said the theory on socialism with Chinese characteristics is a fundamental guideline of the Party and government for social and economic construction.     Party members should understand the basic principles of the theory and use them in their practical work, he added.     Hu asked Party organs at all levels to make the theory accessible and understood by every Party member and draw long-term plans to promote and develop the theory.

BEIJING, Aug. 6 (Xinhua) -- Senior Chinese leader Jia Qinglin urged here on Wednesday that the role of the Chinese People's Political Consultative Conference (CPPCC) in scientific and democratic policy-making should be strengthened.     "We should increase the forms of political consultation and make it an important aspect in making scientific and democratic policies," Jia, chairman of the 11th CPPCC National Committee, said at a seminar held by political advisory body.     Jia, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, stressed improving democratic supervision in three phases: information, communication and feedback.     Jia said the work in the latter half of 2008 would be extensive and tough, and he urged officials at all levels to closely track changing international economic trends and research the new issues emerging in domestic economic development. Jia Qinglin (C), Chairman of the 11th Chinese People's Political Consultative Conference (CPPCC) National Committee and a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, addresses the study meeting of Leading Party Members' Group of CPPCC’s central group held in Beijing, capital of China, on Aug. 6, 2008    He also said that senior officials should be clean-handed and wise in choosing and promoting personnel. He called on them to lead high-quality teams by setting good examples.     The three-day seminar, in celebration of the 30th anniversary of the reform and opening-up policy, ended on Wednesday. Attendees summed up their experience from recent political consultation work and discussed advice on future improvements.

BEIJING, April 13 (Xinhua) -- Chinese companies will no longer need the central bank's approval when issuing short-term bonds on the inter-bank market amidst government efforts to boost direct financing and reduce bank loan risks.     The People's Bank of China (PBOC) announced non-financial companies could issue bonds with maturities of less than one year on the inter-bank market without its approval from April 15.     Instead, they would only need to register at the National Association of Financial Market Institutional Investors set up in September, the PBOC said in a statement issued late on Saturday.     It said other negotiable notes "with a certain maturity" issued by non-financial companies on the inter-bank bond market wouldn't need administrative examination and approval, either. Nor would future innovative financing tools on the market.     China has vowed to develop its capital market and broaden direct financing channels to curb enterprises' heavy reliance on bank credit.     "China's financial structure has long been unbalanced, with its direct financing underdeveloped," said the statement. "Enterprises rely on bank loans too much, bringing them fairly large hidden risks."     To boost innovation in debt offering and raise the share of direct financing could mobilize the transfer of deposits to investment and decrease credit risks of the banking system, it said.     China allowed companies to offer short-term bonds to qualified institutional investors on the inter-bank market in May 2005.     From then to the end of 2007, 316 companies issued 769.3 billion yuan (about 109.9 billion U.S. dollars) of short-term bonds, with 320.3 billion yuan of outstanding debts, statistics showed.     In comparison, short-term loans to non-financial companies and other institutions surged 1.25 trillion yuan in 2007, while middle- and long-term loans jumped 1.65 trillion yuan.

MACAO, Oct. 1 (Xinhua) -- The year of 2008 saw China make several great achievements in various fields, which is a testimony to the nation's improving comprehensive national strength, the chief of Macao said at a reception held here on Wednesday to celebrate the 59th anniversary of the People's Republic of China (PRC).     Attracting worldwide attention, the Chinese mainland successfully held the Beijing Olympics and the Paralympics in the past two months, while taking great steps in its space exploration history by accomplishing the Shenzhou VII mission that saw the first spacewalk by a Chinese astronaut, Ho Hau Wah, chief executive of the Special Administration Region (SAR), said when addressing over 1,000 officials and luminaries at the cocktail party.     He also pointed out that China showed profound and strong vigorand demonstrated its national spirit, when the whole nation mustered up its concerted effort to brave the challenge of massive snowstorms that swept several provinces and the powerful earthquake occurred in the Sichuan province that led to a large number of deaths.     The party was part of the annual events held on China's National Day every year. The chief executive officiated a flag-raising ceremony at the city's Lotus Flower Square early Wednesday morning, and later met more than 40 young people from the quake-hit Sichuan province, who assisted the rescue of victims in the disaster area.     Since this year will also witness the 30th anniversary of China' s reform and opening-up, Ho noted that after undergoing numerous challenges and overcoming various difficulties in the past three decades, the nation entered a new era of its development. "Being a Chinese, we all take great pride in it," he said     Regarding the nine years after the SAR's establishment, Ho concluded that behind every step of the SAR's development, there was the all-out support from the central government, and the SAR also closely kept pace with the development and construction of the mainland, in a bid to strengthen its ties with the mainland people.     Next year will not only witness the 60th founding anniversary of PRC, but the 10th anniversary of the SAR. Ho said that the SAR government will continue promoting Macao's development and progress, bettering people's lives and sharing the fruits of the development.

HANGZHOU, July 8 (Xinhua) -- Vice Premier Li Keqiang has urged the country's enterprises to raise their international competitiveness by speeding up transformation and adjustment in line with the changing domestic and global economic situation.     During a three-day inspection and research tour in the booming southeastern Zhejiang Province, which ended on Tuesday, Li visited textile factories, electric machinery companies and high-tech enterprises to get a first-hand assessment of enterprise reform amid a new domestic and international market climate. Chinese Vice Premier Li Keqiang (2nd L, front) speaks while visiting auto parts producer Wanxiang Group in China’s Zhejiang Province on July 7, 2008.During visits to Wenzhou-based enterprises including garment producer Fapai Group and lighter maker Rifeng, Li said the overall Chinese economy was fundamentally in good shape and China was confident of keeping its economy growing steadily and fast.     However, he said, the global economic slowdown and imported inflation were having an increasing impact on the economy and the country should take aggressive measures to deal with such challenges. Chinese Vice Premier Li Keqiang (C, front) talks with migrant worker Qiu Xucui (R, front) who is from the quake-hit Mianzhu city of southwest China’s Sichuan Province while visiting shoemaker Kangnai Group in China’s Zhejiang Province on July 6, 2008.In visiting electric machinery companies such as leading auto parts producers Wanxiang Group and Ruili Group Corp., Li said the economy was undergoing a critical period, which called for deeper reform.     The government should lose no time or opportunity to improve the market economic system and try to make price increases "acceptable" for both industries and the public, Li said.     He noted that China should also seek better development of foreign trade, improve the mix of imports and exports, and encourage Chinese enterprises to expand into the international market.     At high-tech enterprises like Supcon Group and Alibaba, which owns China's largest e-commerce website, Li said enterprises should also continue to promote technological innovation and improve their management so as to boost their competitiveness.     He also said vigorous development of enterprises was vital for the economy to maintain steady and fast growth and governments at all levels should do their best to provide better services for all companies and create a better climate for the development of enterprises