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JOHANNESBURG, April 22 (Xinhua) -- South Africa's progress of the fourth democratic elections proceeded smoothly and orderly despite the cold weather. Cheerful voters braved a cold snap in South Africa's most fluid and unpredictable post-apartheid elections on Wednesday, with KwaZulu-Natal province the only to report major problems. It had received reports that 19,121 of the 19,726 voting stations opened on time, the South African Independent Electoral Commission (IEC) said. IEC Chief Electoral Officer Pansy Tlakula said most of those which did not open were temporary stations affected by problems like the weather. She said the elections were characterized by a "peaceful, tranquil and harmonious" atmosphere. "A carnival mood is prevailing across the country." "It's been calm and peaceful at the polling stations we have visited so far. it seems the youth have turned up in large numbers, which is very encouraging for democracy," said Balefi Tsie, head of the South African Development Community (SADC)'s Electoral Commission Forum (ECF). "We wanted to be there when the stations opened to make sure the ballot boxes were empty and all was in order," he said. The observers were at polling stations 20 minutes before South Africans began casting their ballots and inking their fingers at 7:00 a.m. local time (0500 GMT). South African political party representatives at the IEC's center in Pretoria were mostly happy with the progress of voting. "We are very happy so far, there have been no incident reports and there are very few stations still unopened," said Beattie Hofmeyr, the ruling party African National Congress (ANC) representative. The Democratic Alliance councillor Mike Moriarty said: "The vast majority of stations are working properly." The Congress of the People representative Juli Killian said there was an "absolute commitment to impartiality" in the IEC's top structures. However she said that at times this commitment did not filter down to the staff on the ground. "The challenge for them is to get the district voting officials to support that commitment," she said, adding that the party had received reports of ANC branding at some polling stations. The United Democratic Movement secretary general Humphrey Nobongoza said his party had received reports that "ballot papers were flying all around" in Cala, Eastern Cape. "The matter is of serious concern. It means there is a lack of control. It sends a bad signal," he said. The IEC said about 23 million registered voters, including more than 16,000 overseas voters, would vote to elect a new National Assembly and nine Provincial Legislatures in April 22 elections.
SHANGHAI, June 3 (Xinhua) -- Standard Chartered Bank (China) Limited announced Wednesday that it plans to issue 3.5 billion yuan (512 million U.S.dollars) financial bonds in China, the first foreign bank to issue Renminbi bonds in the Chinese mainland. The announcement was made in the wake of a circular released by the State Council in April on building Shanghai into an international financial center and shipping hub. The municipal government of Shanghai convened a working meeting late last month on preparation for the financial center goal, promising to support foreign banks to issue yuan-denominated bonds. "As China's financial market continues to liberalize, Standard Chartered is seeing a number of opportunities for our business," said Peter Sands, Group Chief Executive of Standard Chartered Bank, during his visit to Beijing this week. The issuance is expected to help elevate the Renminbi's status as an international reserve currency, develop local capital markets, and contribute towards Shanghai's development as a global financial center, said Sands. Standard Chartered Group reported 26 percent income growth in 2008, or 13.97 billion U.S. dollars despite the difficult global economic environment. In China, the bank has grown by an average annual compounded growth rate of 80 percent over the past four years. Standard Chartered Bank is China's oldest foreign bank enjoying150 years of history. It is among the first batch of locally-incorporated foreign banks and has one of the largest foreign bank networks operating in China.

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, July 13 (Xinhua) -- China's top political advisor Jia Qinglin on Monday asked members of the National Committee of the Chinese People's Political Consultative Conference to contribute new ideas for the country's sustainable development. "Speeding up the shift of development mode and structure adjustment is in line with the promotion of the country's innovation capacity. It will also benefit the country's competitive power in economy and the strength to cope with risks," Jia said. Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference, addresses a consultative conference on sustainable development in Beijing, capital of China, on July 13, 2009 Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks during a consultative meeting held here on sustainable development. Jia urged political consultative organizations at all levels and their members to adjust their work in line with the central government's decisions and policies.
BEIJING, May 14 (Xinhua) -- Li Changchun, a senior leader of the Communist Party of China (CPC), met here with delegates from South Asian countries Thursday, calling on the broadcast institutions in China and South Asia to forge further cooperation. ; Exchanges among broadcast institutions are a very important component of cooperation between China and South Asian countries, said Li, member of the Standing Committee of the Political Bureau of the CPC Central Committee, during a meeting with the delegates who were here to attend a China-South Asia forum on radio and television. Li said media interactions are necessary to increase mutual understanding and boost common development between the countries. The forum was attended by delegates from China and seven membercountries of the South Asian Association for Regional Cooperation,or SAARC. They shared their thoughts and views on the cooperation and development of media. The theme of the forum was "Strengthening exchange and cooperation, Promoting common development. More than 30 high-ranking officials from government bodies and senior management personnel from broadcasting organizations in SAARC member countries attended the forum.
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