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BEIJING, Sept. 28 (Xinhua) -- China's Ministry of Commerce (MOC) issued a statement late Monday saying it would approve U.S. automaker General Motors Co.'s (GM) plan to buy part of parts supplier Delphi Corp, but set conditions on the deal to avoid restricting competition. The approval came after an anti-monopoly probe by the MOC into the deal last week and negotiations with the two companies over the deal conditions, aimed to avoid exclusion or restriction of competition, according to the statement. The conditions include a ban on GM and Delphi exchanging trade secrets on Delphi's other Chinese customers, to prevent GM from getting confidential and competitive information. Delphi should also maintain the timeliness and quality of supplies indiscriminately to the other domestic automakers, at market prices. The ministry said it had discussed with the two companies its concerns on competition, and GM and Delphi had come up with solutions. According to a Dow Jones report Monday night, authorities in the U.S. and E.U. had earlier given their approval for the deal, after Delphi, GM's former parts division, received approval from a U.S. court to sell assets to its lender and GM. The report said this would clear the way for the auto-parts supplier, which operates 17 wholly-owned entities and joint ventures in China and 21 manufacturing sites, to end its four-year stay in bankruptcy. Under China's anti-monopoly law, mergers and acquisitions that could impact the domestic market must undergo an anti-monopoly review.
BEIJING, Oct. 9 (Xinhua) -- China's retail sales of consumer goods totaled 570 billion yuan (about 83.5 billion U.S. dollars) during the National Day holiday, with average daily sales up 18 percent compared with the same period of last year, the Ministry of Commerce said Friday. Sales of household appliances soared during the eight-day holiday which started from Oct. 1. Among them, high-definition flat screen TV sets, digital cameras, side-by-side refrigerators and 3G mobile phones are consumers' favorites. In the case of Kaiyuan Mall in Xi'an, capital of Northwest China's Shaanxi Province, sales of household appliances gained by 34.7 percent year on year. Customers are seen at a shopping mall in Shanghai, east China, Oct. 8, 2009 Jewelry and cars became hot sellers as well. The sales of jewelry of Caishikou Department Store in Beijing topped 100 million yuan, up 30 percent year on year. Car sales of major car-selling companies in Southwest China's Chongqing Municipality increased by 71.7 percent year on year. The selling boom in the home appliance and car sectors was partly stimulated by a policy approved by the State Council in June this year, aiming to spur domestic consumption by subsidizing buyers of cars and household appliances, according to the ministry. For example, consumers can first sell their old household appliances to recycling companies and obtain a certification card from the recyclers. Card holders then can purchase new appliances with a 10 percent cut in prices when showing retailers the card. Meanwhile, sales promotion in major cities also played an important role in the holiday consumption boom.
BEIJING, Sept. 6 (Xinhua) -- When the class began, Math teacher Xu Junjun announced that Premier Wen Jiabao was with them, the students turned round simultaneously and craned their necks and found Grandpa Wen, who greeted the marveling faces with a gentle smile. During the morning class that started 8:10, Wen was seen taking notes carefully. After the lesson, he sat with several students sharing his notes with them. He spent a total of four hours and five minutes till the music class ended with Class 5 of the 8th graders at Beijing No. 35 Middle School on Friday. "It's a memorable experience and I felt as if I had traveled back to my childhood," he said, "I love you all." Chinese Premier Wen Jiabao (C) talks with students at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good jobWen has been visiting teachers and students on every Teacher's Day since 2003 when he took up the post. The 25th Teacher's Day will fall on Thursday. "Sitting in on the class all the morning is my way of paying tribute to you teachers," he explained his visit later in a meeting with the faculty in the afternoon. The meeting was attended by representatives of teachers from Beijing. The premier commented on the morning lessons one by one and offer his suggestions to the teachers. Wen said that education is a lofty and honorable cause because the fate of the nation depends on it. "The nation's rise and fall rely on education, as only first-rate education can generate first-rate talents who in turn can build a first-rate nation," Wen said. Chinese Premier Wen Jiabao (C) plays games with a student at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good job.China currently has about 16 million people working in educational institutions, including 12 million teachers in middle and primary schools. Chinese teachers have made great contribution to the country's education and modernization through their hard work to cultivate generations of talented people over the years, Wen said. "Anyone, no matter how successful they are, owes their growth to their teachers' enlightenment and instruction, and thus should be a student forever before their teachers, " he said. He also urged the teachers to be creative in improving their teaching skills, teaching contents and evaluation methods. "Teachers are not sculptors, but what you are crafting is the most valuable work of art," Wen said. He called on the educators to teach with love, be dedicated to learning and set exemplary roles for students. "I felt quite warmed at heart after I watched the premier spend the whole morning attending lessons and use almost an hour to comment on each one," said Zheng Xinrong, a professor with Beijing Normal University, China's top institute for teachers. Chinese Premier Wen Jiabao (R3 2nd Line Back) attends a music class at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good job.
BEIJING, Sept. 28 (Xinhua) -- China and the Democratic People's Republic of Korea (DPRK) held a reception in Beijing Monday to celebrate the 60th anniversary of the establishment of diplomatic ties. Addressing the event, Chen Haosu, president of the Chinese People's Association for Friendship with Foreign Countries (CPAFFC), a major non-governmental organization, said, "The friendship between the two countries had endured the test of time and changes in the world." A reception is held to celebrate the 60th anniversary of the establishment of diplomatic relations between China and the Democratic People's Republic of Korea (DPRK), in Beijing, capital of China, Sept. 28, 2009 The traditional friendship built and nurtured by leaders of former generations of both countries had been consolidated and pushed forward over the 60 years, he said. This year also marks the Year of China-DPRK Friendship, a year-long exchange program, which injected new vitality to the friendship, he said. Li Jinhua, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, and Chen Haosu (C), president of the Chinese People's Association for Friendship with Foreign Countries, toast with guests at the reception to celebrate the 60th anniversary of the establishment of diplomatic relations between China and the Democratic People's Republic of Korea (DPRK), in Beijing, capital of China, Sept. 28, 2009DPRK ambassador to China Choe Jin Su said it was a consistent policy of the government of the DPRK to consolidate and develop friendship with China. "We will take the 60th anniversary and the Year of DPRK-China Friendship as a new starting point, and are ready to make concerted efforts with China to expand friendly cooperative ties," he said. About a hundred delegates from various circles of the two countries, including Li Jinhua, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, attended the reception.
PHUKET, Thailand, July 23 (Xinhua) -- China's Foreign Minister Yang Jiechi told reporters Thursday on the sidelines of the ASEAN meeting series that about the Korea Peninsula's nuclear issue, the UN Security Council's resolutions should be implemented and all sides should work hard to avoid escalation of tension. "China's stand is very firm. We are working very hard for the denuclearization of the Korean Peninsula, and we are totally against nuclear proliferation...This issue, the nuclear issue, should be solved by peaceful means through diplomatic negotiation," Yang said. Yang made the remark before he entered the venue for the 16th ASEAN Regional Forum (ARF), a top security forum in Asia which is held in the Thai southern island of Phuket on Thursday. Chinese Foreign Minister Yang Jiechi (2nd L) speaks to the media in Phuket of Thailand, July 23, 2009. Yang Jiechi told reporters Thursday on the sidelines of the ASEAN meeting series that about the Korea Peninsula's nuclear issue, the UN Security Council's resolutions should be implemented and all sides should work hard to avoid escalation of tension China is working for peace and stability on the Korean Peninsula and in the Northeast Asia, he said. Yang arrived in Phuket on Tuesday night to attend the ASEAN and dialogue partners' meeting on Wednesday as well as the ARF. "At the meetings I attended yesterday, many participants stressed the importance of continuing to have the six-party talks. They believe that this is the effective platform on which we can proceed to properly solve the nuclear issue on the Korean Peninsula," he said. Yang said a sooner restart of the six-party talks will "do everybody good". "So one should take a long-term and strategic point of view, and work for the earlier resumption of the six-party talks. China stays in close touch with all the parties concerned, because this is a good cause, this is a very important cause," Yang said.