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BEIJING, May 22 (Xinhua) -- Chinese President Hu Jintao urged Friday to build a powerful air force to meet the demands of the People's Liberation Army (PLA) for missions in the 21th century. Hu, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission (CMC), made the remark when meeting delegates of the 11th CPC Congress of the PLA Air Force in Beijing. Hu asked the Air Force's officers to constantly improve the ability to win local wars as well as accomplish diversified military tasks. Chinese President Hu Jintao delivers a speech as he meets with the delegates to the 11th Congress of the Communist Party of China of the Chinese Liberation Army Air Force, in Beijing, capital of China, May 22, 2009. He urged the acceleration of modernizing the air force which is an important component of the country's armed forces. The president said the Air Force has done outstanding jobs in accomplishing various tasks given by the Party and the people, and made great contribution to national security and development. Hu also stressed that the Air Force should enhance the message of loyalty to the Party among all officers and soldiers as an essential part of their military training. The PLA Air Force was founded in 1949.
BEIJING, July 1 (Xinhua) -- China's latest fuel price hike from Tuesday would certainly pinch the pockets of consumers, but may not leave a lasting impact on the nation's economic recovery, analysts said. Gasoline, diesel and jet fuel prices in the country were raised by as much as 11 percent from Tuesday, the third increase this year and the second in June, to reflect recent price changes in the global oil market. For many like the 24-year-old fashion writer He Yi, it is time to tighten their purse strings, Wednesday's China Daily reported. He said she is determined to use less air-conditioning when driving, despite the scorching heat in Beijing. According to a survey by the Chinese web portal Sina.com, more than 90 percent of the 180,000 respondents said they had decided to drive less in response to the price hike, and more than 94 percent thought fuel prices are too high now. Pump prices for 90 octane gasoline in Beijing was set at roughly 5.71 yuan a liter, or about 3.16 U.S. dollars a gallon, the National Development and Reform Commission, the nation's top economic planning agency, said in a statement on its website late Monday. That compares to an average of 2.69 U.S. dollars a gallon in the United States, according to Bloomberg. China's retail fuel prices are controlled by the government under a mechanism introduced in December that takes into account of crude prices, taxes and a profit margin for refiners. The country may adjust fuel prices when crude prices change more than 4 percent over 22 straight working days. Crude oil futures have risen 60 percent to more than 70 dollars a barrel this year from a July record on signs of a global recovery. However, economists and analysts believe this round of price hike will not have any direct and obvious impact on the Chinese economy, which is largely fueled by coal. "As China only needs oil to supply 20 percent of its energy consumption, costlier oil will not make things as bad as costlier coal," said Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University. "However, the economy will be hurt if higher crude prices drive up coal prices," Lin said. In addition, China's consumer prices fell for a fourth month in May, making it easier for the government to raise oil prices, said Niu Li, senior researcher at the State Information Center. The price hike comes amid a surge in demand for automobiles in the world's third-largest economy. Passenger car sales rose 47 percent in May to 829,100 units, the biggest jump since February 2006. Chen Zheng, an auto industry analyst with China Securities Co, believed that consumer demand would not be seriously dampened by this round of price hikes, as China's car owners are largely social elites, who can afford the moderate increases in gasoline prices. "But if oil prices continue to surge, I'm sure many people will stop buying new vehicles, especially the high-emission cars," Chen said. PetroChina and Sinopec, two major oil producers, went high shortly after opening, but closed with smaller gains, up 0.28 percent and 0.66 percent to 14.48 yuan and 10.66 yuan respectively in Shanghai Tuesday.
WASHINGTON, April 27 (Xinhua) -- Chinese Commerce Minister Chen Deming has called for stronger economic ties between China and the United States. "Economic links have always been an important basis for the China-U.S. relationship, and the growth in trade between the two countries has been robust since the establishment of normal diplomatic relations," Chen wrote in an article published in The Wall Street Journal on Monday. Currently, China and the U.S. are each other's second-largest trading partner with the volume of the two-way trade in goods exceeding 300 billion U.S. dollars. But the commercial ties between the two nations have been affected by the global financial crisis. Chinese statistics show bilateral trade dropped 6.8 percent, and U.S. investment in China slumped 19.4 percent, on a year-on-year basis in the fourth quarter of last year and the first quarter of this year, Chen wrote. He was scheduled to meet with his U.S. counterpart on Monday to discuss bilateral trade and investment measures. "History tells us that the more serious a crisis becomes, the more committed we must be to openness and cooperation," Chen wrote. "Regrettably, however, trade measures by the U.S. against China are on the rise." Recently, American industries have petitioned the U.S. government for antidumping investigations, and for investigations under the World Trade Organization's "special safeguard provision," which could restrict imports of Chinese products, he said. "This will seriously test China-U.S. economic and trade relations," he added. The Chinese commerce minister noted that the need to foster positive Sino-U.S. ties has never been greater. He also called on both sides to step up cooperation in trade and investment issues, and explore and establish new possibilities for cooperation in such areas as agriculture, new and high technology, finance, energy and the environment. "Dialogue and communication also need to be intensified concerning multilateral and regional trade and economic affairs," he said. To that end, Chen put forth four proposals: -- To seize the opportunity for cooperation, and work together to tackle the crisis; -- To mutually open markets to expand trade and investment; -- To strengthen bilateral dialogue and resolve differences properly; -- To safeguard the environment for trade and advance the Doha Round. Chen also said now it's no time for protectionism. The U.S. and China, as the largest and the third-largest trading countries in the world respectively, should take the lead in following up the consensus reached at the G20 Summit in London and refrain from formulating any new trade protection policies before the end of 2010, he wrote. "A positive, cooperative and comprehensive Sino-American relationship will surely bring new prosperity and development to both economies," he added. In his article, he also expressed hope and confidence that bilateral trade would rise to a new high and exceed 500 billion U.S. dollars in the next five years, growing in a more balanced way.
BEIJING, May 7 (Xinhua) -- Chinese Vice President Xi Jinping has urged universities to reform and improve themselves to turn out more high-quality personnel for the society. Universities are supposed to produce "qualified builders and reliable successors of socialism with Chinese characteristics," Xi said while touring major Beijing-based universities from Wednesday to Thursday. Centering on the fundamental task of personnel fostering, he said, universities should reform all concepts and mechanisms that go against the mission, lift the overall quality of teachers, offer better services in helping students find jobs, beef up campus stability, and provide technical service and intellectual support for companies to weather the financial crisis. He also urged universities to prevent and punish academic corruption.
BEIJING, June 1 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Monday called on local governments and government agencies to improve production safety and crack down on illegal practices. The number of accidents and casualties had fallen this year, Zhang said in a teleconference aimed to improve production safety. However, some industries still had potential dangers, he said. Zhang urged authorities to enhance work safety supervision and remove hidden dangers at work places to avoid accidents. Any illegalities, especially in major industries such as coal mining, construction, and fireworks production, must be eliminated.