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MADRID, Jan. 24 (Xinhua) -- The Spanish branch of Industrial and Commerce Bank of China (ICBC) was officially inaugurated in Madrid Monday.ICBC President Jiang Jianqing, Spanish Minister of Industry, Tourism and Commerce Miguel Sebastian and Chinese Ambassador to Spain Zhu Bangzao attended an inaugural gala dinner here.In a speech, Jiang thanked the Spanish government and authorities for allowing the ICBC to open in Spain and highlighted the importance of the Spanish economy and the close relations between the two countries.Sebastian said Spain welcomes the arrival of the biggest Chinese bank, which would further improve the already good relationship between the two counties.The Madrid branch is to provide a wide range of financial services to 166,000 Chinese nationals living in Spain.ICBC has a total of 386,723 employees and 162 foreign branches throughout the World.
STOCKHOLM, Jan. 26 (Xinhua) -- China's railway network, already the world's longest, is developing at record high speed and is to be doubled soon, Swedish daily Svenska Dagbladet reported on Wednesday."China's goal is to connect all important cities with railway lines," the report said.Collaborating with German Siemens, Japanese Kawasaki and Bombardier both in Canada and Sweden, China has built its own high-speed train CRH380A that can reach 486 kilometers per hour, cutting the journey between Beijing and Shanghai in half to about 4 hours.Construction of the high-speed railway network will also cover inland China, the report said. It aims to encourage more investment to move from coastal areas to inland China and ultimately raise the living standards in those regions.Within the next five years, a total of 3.5 trillion yuan (over 500 billion U.S. dollars) will be invested in high-speed track construction and train manufacturing, averaging at about 700 billion yuan (over 100 billion dollars) each year.Swedish companies such as Atlas Copco, SKF and Trelleborg have participated in China's railway and high-speed train development, according to the report.Hans Rosling, a development expert and also professor at Karolinska Institutet in Sweden, was quoted as saying that the construction of the high-speed railway network will bring about "good economy, good education, good medical care, better and longer life, all good things."
STOCKHOLM, Jan. 26 (Xinhua) -- China's railway network, already the world's longest, is developing at record high speed and is to be doubled soon, Swedish daily Svenska Dagbladet reported on Wednesday."China's goal is to connect all important cities with railway lines," the report said.Collaborating with German Siemens, Japanese Kawasaki and Bombardier both in Canada and Sweden, China has built its own high-speed train CRH380A that can reach 486 kilometers per hour, cutting the journey between Beijing and Shanghai in half to about 4 hours.Construction of the high-speed railway network will also cover inland China, the report said. It aims to encourage more investment to move from coastal areas to inland China and ultimately raise the living standards in those regions.Within the next five years, a total of 3.5 trillion yuan (over 500 billion U.S. dollars) will be invested in high-speed track construction and train manufacturing, averaging at about 700 billion yuan (over 100 billion dollars) each year.Swedish companies such as Atlas Copco, SKF and Trelleborg have participated in China's railway and high-speed train development, according to the report.Hans Rosling, a development expert and also professor at Karolinska Institutet in Sweden, was quoted as saying that the construction of the high-speed railway network will bring about "good economy, good education, good medical care, better and longer life, all good things."
BEIJING, Jan. 22 (Xinhua) -- Chinese President Hu Jintao has just ended his four-day landmark visit to the United States.During the visit, both sides agreed to build a China-U.S. cooperative partnership based on mutual respect and mutual benefit, which is to lead the development of bilateral ties in the future.It is widely believed that, in the new era, China and the United States need to enhance their political and economic relations, as well as boost cooperation in regional and international affairs.In order to achieve that, observers from across the world hold that the key lies in common actions.BLUEPRINT FOR BILATERAL RELATIONSReiterating their commitment to developing a positive, cooperative and comprehensive China-U.S. relationship as they agreed in 2009, Chinese and U.S. leaders also vowed to build "a cooperative partnership based on mutual respect and mutual benefit", during Hu's visit to Washington.The two terms showed a kind of progress which represented the increasing common interests and mutual need of the two sides over the recent period, as well as more and more challenges that required the joint efforts of the largest developed and developing countries, Chinese Vice Foreign Minister Cui Tiankai said.Yuan Peng, director of the America Studies of China Institute for Contemporary International Relations (CICIR), said the new expression of bilateral ties was positive, objective and pragmatic.As the deepening and development of the previous expression, the new term was a highlight of President Hu's U.S. visit, Yuan said.The joint statement issued by both sides during Hu's stay, which is built upon bilateral efforts to establish the cooperative partnership based on mutual respect and mutual benefit, is a clear reflection of the two countries' resolution and pragmatic attitude in jointly meeting global challenges, according to Chen Kang, professor at Lee Kuan Yew School of Public Policy at the National University of Singapore.In a nutshell, every word matters in the new expression.As "mutual respect" urges both China and the United States to respect each other's core interests and path of development, "mutual benefit" means that both countries are expected to achieve a win-win situation rather than a win-lose one, and bring about common prosperity."Partnership," meanwhile, shows that the two powers, instead of being rivals, are closely linked with each other in actions to cope with regional and international issues.Fu Mengzi, a researcher with the Beijing-based CICIR, told Xinhua, while every country attached great importance to their own national interest, their respective interests were neither unilateral nor absolute."When seeking its own interest, a country should meanwhile take into consideration the interest and major concerns of other countries," Fu said, adding that only by so doing could a win-win result rather than a zero-sum relationship be achieved.
BEIJING, May 4 (Xinhuanet) -- Children with autism have slightly bigger brains than children without the condition, a study suggests.The research published in the May issue of Archives of General Psychiatry noted the difference in the brain size appears related to increased rates of brain growth before age 2.The researchers from the University of North Carolina also pointed out that though the enlargement continues, the increased growth does not.In 2005, the researchers studied a group of 2-year-old children, and found out the ones with autism had brains that were 5% to 10% larger than children without it.Now the researchers assessed the same group of children at age 5, the psychiatrists re-scanned the brains of 38 children with autism and 21 without the condition. The autistic children still had slightly larger brains, but they had grown at the same rate as the comparison group.This finding could lead to a better understanding of the genes that drive autism, which, in turn, could lead to earlier identification and treatment of the disorder, said study researcher Joseph Piven, MD, according to media report.