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VIENNA, May 19 (Xinhua) -- Chinese Minister of Commerce Chen Deming stressed Wednesday that, especially under the current“financial crisis, the exchange rate stability is the most important, which is not only a national responsibility, but also a responsibility for the world economic recovery."At a press conference jointly held with Reinhold Mittelehner, the Austrian Minister of Economic Affairs, and Christoph Leitl, president of the Austrian Chamber of Commerce, Chen said China will continue to maintain the stability of the Chinese yuan exchange rate to ensure economic stability.He believed that the exchange rate has an impact on national trade, but it is not the decisive factor. National trade would be more affected by such other factors as economic structure, resource allocation, as well as the stage of technology and development.He also stressed that the exchange rate is a sovereign issue of each country, which should be set by each country according to its own situation.The Chinese trade and investment promotion mission with over 80 Chinese enterprises, which is led by Chen, participated in the economic forum held by the Austrian Chamber of Commerce, discussing with about 100 major Austrian enterprises and signing a series of economic cooperation agreements.

BEIJING, June 1 (Xinhua) -- China Tuesday released details of its green-car subsidy program designed to boost the nation's auto industry and cut vehicle emissions.Through the program, subsidies of up to 60,000 yuan (8,784 U.S. dollars) will be given to buyers of pure electric vehicles in the five cities chosen for the pilot program, the Ministry of Finance said in a statement on its website.Buyers of plug-in hybrid cars will receive up to 50,000 yuan in subsidies.The cities chosen for the pilot program are Shanghai, Changchun, Shenzhen, Hangzhou and Hefei.China is the world's largest auto market.

BEIJING, April 29 (Xinhua) -- China's parliament on Thursday adopted a revision to the Law on Guarding State Secrets which narrowed the definition of "state secrets," in an effort to boost transparency.The amended law was approved by lawmakers at the end of the four-day bimonthly session of the National People's Congress (NPC) Standing Committee, or the top legislature, after three reviews, the first of which began last June.State secrets have a clearer definition in the amended law. They are defined as information concerning state security and interests and, if leaked, would damage state security and interests in the areas of politics, economy and national defense, among others.It also raises the level of government departments that can classify information a state secret.The National Administration for the Protection of State Secrets and local bureaus above the county level are responsible for national and local classification, respectively.Prof. Wang Xixin at Peking University Law School said the number of state secrets will decline as fewer levels of government departments have the power to classify information as a state secret."It will help boost government transparency," Wang said.Local officials often use the excuse "state secrets" to avoid answering inquiries from the public properly.After the amended law takes effect in October, governments under the county level will have to respond to public questioning with more openness and without the power to classify information as a state secret, Wang said.According to the amended law, there will be more complicated but standardized procedures to classify information a state secret which will eliminate "random classification."The amended law also grants more responsibility to classification departments and units, which will be penalized if they do not properly classify information.It also defines secrecy levels and authority limits, and clarifies time limits for differing levels of confidentiality and conditions for declassification.It says the time limit for keeping top-level secrets should be no more than 30 years; no more than 20 years for low-level state secrets; and at most 10 years for ordinary state secrets.Wang said reducing the number of state secrets will improve state secrets protection, as "the protection work would be difficult if there are many state secrets, and more manpower and resources would be used.""The more state secrets, the 'number' the public will be," he said.He said the revision to the law also enhances China's image on the international stage, as the country should narrow the gamut of state secret as it conducts increased international exchange.The call to amend the state secrets law strengthened when the State Council issued a regulation on government transparency in May 2008 which said "a broad definition for state secrets" is not in line with the public's right to know.INTERNET LEAKSThe rapid development of the Internet poses great challenges to the protection of state secrets, with Internet leaks of confidential information frequently occurring, observers say.The amended law requires Internet operators and other public information network service providers to cooperate with public and state security departments and prosecutors in probes of state secret leaks.Prof. Wang said, "Such stipulations are necessary," as fast information transmission can easily cause leaks of state secrets and many countries have similar requirements on network operators."If a sensitive photo is put online, people see it and they may obtain state secrets from it. That's very simple. But people cannot judge whether it is a state secret or not. They may take for granted the information has already been released by the government," he said."Information transmissions must be immediately stopped if they are found to contain state secrets, and once a leak has been discovered, records should be kept and it must be reported to the public security and state security departments in charge of confidentiality."The information relating to state secrets should be removed according to orders of relative departments," the amendment says.Wang said efforts must be made to ensure such clauses are not abused by authorities to invade citizens' privacy.He added more specific measures should be enacted to implement the rules."It should be carried out without harming the openness of the Internet," he said.

BEIJING, May 31 (Xinhua) -- China's top quality supervisor said Monday that Changan Ford Mazda Automobile Co. has started a recall of 236,643 Focus cars over a problem that caused vehicles to stall.The recall covered vehicles manufactured from August 18, 2008, to May 28 this year by the joint venture owned by Ford, Chongqing-based Changan Automobile and Mazda Motor Corp., the General Administration of Quality Supervision, Inspection and Quarantine said in a statement on its website.The company posted a similar statement on its website Monday, saying the recall came after several customers complained about stalling when the car was moving at low speeds, which was because of the engine software.Both statements said the company would provide the customers with updated engine software free of charge.

YUSHU, Qinghai, April 16 (Xinhua) -- The death toll had climbed to 1,144 and another 417 remained missing as of 5 p.m. Friday, about two and a half days after a devastating earthquake shook a Tibetan area in northwest China's Qinghai Province.The 7.1-magnitude earthquake, which shook the Yushu County in the Tibetan Autonomous Prefecture of Yushu at 7:49 a.m. Wednesday, has left 11,744 people injured, including 1,192 serious cases, Xia Xueping, spokesman with the emergency rescue headquarters, told a press briefing late Friday.Chinese Premier Wen Jiabao (R) visits a Tibetan woman in Yushu, northwest China's Qinghai Province, April 15, 2010. Wen arrived here on Thursday to inspect the disaster relief work and visit quake-affected local people. Xia said the death toll rose markedly Friday because the expanding rescue forces recovered more bodies from the debris with the help of large rescue equipment.In addition, the missing list climbed as the transient population in the business town were counted for the first time, he said.A total of 1,179 serious cases had been transported by air and road to hospitals in Golmud and the provincial capital Xining in Qinghai and several other capitals in neighboring provinces.Many people are still buried under the debris of collapsed houses in the hardest-hit Gyegu Town near the epicenter, the seat of the Yushu prefecture government and home to 100,000 people. It sits at about 4,000 meters above sea level.More than 85 percent of houses in Gyegu, mostly made of mudbrick and wood, had collapsed.Thousands of rescuers are fighting altitude sickness and chilly weather to race the time to reach the trapped by Saturday morning, the end of internationally accepted "72-hour golden chance" for the trapped to still survive.